NOT LISTED FOR SALE

Estimated Value: $290,000 - $417,000

4 Beds
2 Baths
1,924 Sq Ft
$185/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $85,000 $44 Per Sq Ft

Est. 319% increase in value since last sale

Current estimated payment $2,070/month

8 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Window Unit Cooling System
  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Central Heating and Cooling System

About This Home

As of June 2018

INVESTMENT OPPORTUNITY.
Charming Victorian Duplex located in Parkridge. Close to Fourth & Gill and Downtown Knoxville. Located within a 10 minute drive or a 20 minute bike ride to UT. Easily walk to Cansler YMCA, Caswell Park, Parkridge Community Garden. Close to Knoxville Arboretum & Greenway.
Each unit has 2 bedrooms and 1 bathroom. Original hardwood floors, molding. Shared washer/dryer unit in separate building at rear. Fence backyard. Wrap around front porch (Shared with Upper unit Tenant). One unit is upstairs and the other unit is downstairs.
Each unit rents for $650.00 per month and both units are currently rented.

Last Agent to Sell the Property

Michael Cole

eRealty Concepts, LLC License #321455 Listed on: 05/23/2018

Last Buyer's Agent

Kelly Deel

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $861

Year Built

  • Built in 1920

Lot Details

  • 7,701 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Fenced Yard
  • Chain Link Fence

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Frame Construction

Interior Spaces

  • 1,924 Sq Ft Home
  • Ceiling Fan
  • Fire and Smoke Detector
  • Range

Flooring

  • Wood
  • Vinyl

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Mcbees Add Subdivision

Listing and Financial Details

  • The owner pays for taxes, leasing fees, insurance, lawn maintenance
  • Assessor Parcel Number 082jq013
  • Tax Block 8

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$861

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Directions: From West Knoxville I-40 to N Cherry Street Exit 390 in Knoxville. Turn right onto N Cherry Street. Continue on Cherry Street for about 0.5 mile. Make a right onto Jefferson Ave. Duplex is located on the left. From Downtown Continue on Magnolia Ave. Turn left on N Chestnut Street. Turn left onto Jefferson Avenue. SIGN ON PROPERTY
  • Prop. Type: Multi-Family
  • Year Built: 1920
  • Lot Size Acres: 0.18
  • Lot Size: 50x150
  • Subdivision Name: Mcbees Add
  • General Property Description:Lot Size SqFt: 7701.0
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Hardwood: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Fuel:Gas (Natural): Yes
  • Heat:Central: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Cooling:Window Unit(s): Yes
  • General Property Description:Driveway: NO
  • Miscellaneous:WasherDryer Cnctns: Yes
  • Property Sub-Type:Duplex: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Range, Refrigerator, Smoke Detector, Washer
  • Owner Pays: Taxes, Leasing Fees, Insurance, Lawn Maintenance
  • Flooring: Hardwood, Vinyl, Other
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:Other27: Yes

Exterior Features

  • Exterior Features: Detached Workshop, Porch - Covered, Fenced - Yard, Fence - Chain
  • Construction Type: Frame
  • Construction:Frame: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Exterior Features:Fence - Chain: Yes
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Detached Workshop2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On-Street Parking
  • GarageParking:On-Street Parking: Yes

Utilities

  • Cooling: Central Cooling, Ceiling Fan(s), Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas, Electric
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 7701.0
  • Parcel #: 082jq013
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 861.34
  • Tax Block: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2018
Closed on
Jun 29, 2018
Sold by
Elliott Shane A and Taylor Sarah J
Bought by
Wolf Rachel L
Seller's Agent
Michael Cole
eRealty Concepts, LLC
Buyer's Agent
Kelly Deel
Keller Williams Realty
Sold Price
$85,000
Current Estimated Value
$355,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,897
Avg. Annual Appreciation
20.80%

Purchase Details

Closed on
Jun 30, 2008
Sold by
Joffe Sherleen Collette and Joffe David
Bought by
Elliott Shane A and Taylor Sarah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,300
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 1993
Sold by
Margaret Carmon Charleen
Bought by
Collette Joffe Sherleen
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wolf Rachel L $85,000 Genesis Real Estate Title Ll
Elliott Shane A $110,000 Southeast Title & Escrow Llc
Collette Joffe Sherleen $19,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elliott Shane A $106,917
Previous Owner Elliott Shane A $108,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2018 06/29/18 Sold $85,000 -- $44 / Sq Ft
Source: East Tennessee REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,284 $61,560 $0 $0
2023 $2,284 $61,560 $0 $0
2022 $2,284 $61,560 $0 $0
2021 $1,602 $34,960 $0 $0
2020 $1,602 $34,960 $0 $0
2019 $1,602 $34,960 $0 $0
2018 $1,602 $34,960 $0 $0
2017 $1,602 $21,850 $0 $0
2016 $1,816 $0 $0 $0
2015 $1,816 $0 $0 $0
2014 $1,816 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1042730

East Tennessee REALTORS® MLS

APN: 082JQ-013