NOT LISTED FOR SALE

Estimated Value: $163,443 - $284,000

2 Beds
1 Bath
884 Sq Ft
$226/Sq Ft Est. Value

Last Sold March 09, 2018

Last sale price $45,000 $51 Per Sq Ft

Est. 343% increase in value since last sale

Current estimated payment $1,131/month

16 Days on Market

About This Home

As of March 2018

**PLEASE READ** This property is a part of a large rental portfolio available for purchase. The ownership group has 40 residential rental units available that may be purchased individually or may be grouped together. All properties are currently rented and the owners keep these properties in fantastic shape. Besides regular and preventative maintenance, the large majority of properties have updated electrical, plumbing, HVAC, roof, siding, and windows. The owners also only accept the highest quality available tenants and many of the properties have been occupied by the same tenants for years. Tenants own all appliances. None convey. With respect for their tenants, owners ask that only serious buyers who have evaluated all available MLS data and the attached GPM Properties Spreadsheet thoroughly, request showings. Detailed pro-forma is attached. Cross reference all properties by keyword search: GPM Properties. Property sold "As Is."

Last Agent to Sell the Property

Tyler Fogarty

Realty Executives Associates License #307266 Listed on: 01/16/2018

Realty Executives Associates

Last Buyer's Agent

Ashley Keeton Francis

Realty Executives Associates License #334299

Realty Executives Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $224

Year Built

  • Built in 1950

Lot Details

  • 9,970 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 884 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Vine/Magnet Middle School
  • Austin East/Magnet High School

Utilities

  • Zoned Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 082kd021

Home Details

Home Type

Single Family

Est. Annual Taxes

$224

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Directions: I-40E to exit 390, Cherry St. Turn right onto Cherry St, left onto Magnolia Ave, right onto Harrison St and left onto Martin Luther King Jr Ave.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1950
  • Lot Size Acres: 0.23
  • Lot Size: 60.2 x 180.55 X IRR
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Has Basement: Crawl Space
  • Fireplace: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Other, None

Exterior Features

  • Exterior Features: Cable Available (TV Only)
  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other, Off-Street Parking

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Schools

  • High School: Austin East/Magnet
  • Middle Or Junior School: Vine/Magnet

Lot Info

  • Lot Size Sq Ft: 9970.0
  • Parcel #: 082kd021
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 223.51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2018
Closed on
Mar 9, 2018
Sold by
Global Property Management Llc
Bought by
Smith Tabatha Whaley and Smith Randall Tyler
Seller's Agent
Tyler Fogarty
Realty Executives Associates
Buyer's Agent
Ashley Keeton Francis
Realty Executives Associates
Sold Price
$45,000
Current Estimated Value
$199,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,361
Avg. Annual Appreciation
22.05%
Original Mortgage
$35,200
Interest Rate
2.47%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 21, 2013
Sold by
Dixon Daniel
Bought by
Global Property System Llc
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
Smith Tabatha Whaley $45,000 Paramount Land Title Of Knox
Global Property System Llc $23,000 Paramount Land Title Of Konx
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Austin G $40,000
Closed Smith Tabatha Whaley $35,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2018 03/09/18 Sold $45,000 -- $51 / 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 $534 $14,400 $0 $0
2023 $534 $14,400 $0 $0
2022 $534 $14,400 $0 $0
2021 $389 $8,475 $0 $0
2020 $389 $8,475 $0 $0
2019 $389 $8,475 $0 $0
2018 $389 $8,475 $0 $0
2017 $389 $8,475 $0 $0
2016 $414 $0 $0 $0
2015 $414 $0 $0 $0
2014 $414 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1027641

East Tennessee REALTORS® MLS

APN: 082KD-021