$510,000
SOLD FEB 10, 2025

280 W Main St Dandridge, TN 37725

13 Beds
7 Baths
5,156 Sq Ft
0.55 Acres

Recently Sold

$99 Per Sq Ft

2% Above List Price

2 Days on Market

About This Home

As of February 2025

Great investment property, Great Location, 7 units (2) 1BR Units, (4) 2BR Units (1) 3BR. Laundry Room with Coin operated Washer & Dryer. Apt 1

Last Agent to Sell the Property

Amy Cate

The Cate Group, Realty & Property Management LLC License #323701 Listed on: 01/01/2025

Last Buyer's Agent

IAN CULLEN

Tennessee Valley Appraisal Services License #1778

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,463

Year Built

  • Built in 1983

Lot Details

  • 0.55 Acre Lot

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 5,156 Sq Ft Home
  • 1-Story Property
  • Metal Fireplace

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 7 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 011.00

Community Details

Overview

  • 7 Units

Building Details

  • 7 Leased Units
  • 7 Units Leased Month-To-Month
  • 7 Separate Electric Meters
  • 6 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,463

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Year Built: 1983
  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.55
  • Directions: From Knox I40 Exit 407 turn left onto right Middle Alley at next red light turn right onto W Main St. Apts are at top of hill on right.
  • Above Grade Finished Sq Ft: 5156.0
  • Structure Type: Multi Family
  • Location Tax and Legal:Tax Annual Amount: 2463.0
  • Location Tax and Legal:Tax Year2: 2024
  • Location Tax and Legal:Parcel Number2: 011.00
  • General Property Information:Lot Size Acres: 0.55
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information:Above Grade Finished Area: 5156.0
  • Foundation Details:Block3: Yes
  • Levels:One: Yes
  • Utilities:Sewer Connected: Yes
  • Foundation Details:Slab: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Water Connected: Yes
  • Location Tax and Legal:Additional Parcels YN: No
  • Property Condition:Year Built Effective: 1983
  • General Property Information:Number Of Units Total2: 7.0
  • Meter Information:Number Of Separate Water Meters: 6
  • Meter Information:Number Of Separate Electric Meters: 7
  • Roof:Metal: Yes
  • Structure Type Multi Family: Yes
  • Special Features: None
  • Year Renovated: 1983

Interior Features

  • Levels: One
  • Full Bathrooms: 7
  • Total Bedrooms: 13
  • Fireplace Features: Metal
  • Fireplace: Yes
  • Window Features: Metal Frames

Exterior Features

  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Block, Slab
  • Construction Materials:Brick: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Window Features:Metal Frames: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 23958.0
  • Additional Parcels: No
  • Parcel #: 011.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 7
  • Number Of Units Leased: 7
  • Number of Month to Month Units: 7
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Water Meters: 6

Tax Info

  • Tax Annual Amount: 2463.0
  • Tax Map Number: 068N
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2025
Closed on
Feb 7, 2025
Sold by
R & A Cate Properties Llc
Bought by
Voluntier Holdings Llc
Seller's Agent
Amy Cate
The Cate Group, Realty & Property Management LLC
Buyer's Agent
IAN CULLEN
Tennessee Valley Appraisal Services
List Price
$500,000
Sold Price
$510,000
Premium/Discount to List
$10,000
2%
Views
6
Current Estimated Value
$530,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,409
Avg. Annual Appreciation
4.13%
Original Mortgage
$447,000
Outstanding Balance
$190,000
Interest Rate
6.91%
Mortgage Type
Construction
Estimated Equity
$340,409

Purchase Details

Closed on
Sep 9, 1990
Bought by
Finchum Robert G and Finchum Betty

Purchase Details

Closed on
Sep 8, 1990
Bought by
Finchum Robert G and Finchum Betty

Purchase Details

Closed on
Jun 17, 1985
Bought by
Finchum Robert G and Finchum Betty

Purchase Details

Closed on
Jan 3, 1983

Purchase Details

Closed on
Jan 2, 1983

Purchase Details

Closed on
Jan 1, 1983
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $515,000 Colonial Title Group
Deed -- --
Deed -- --
Deed -- --
Warranty Deed $6,000 --
Warranty Deed $8,000 --
Warranty Deed $8,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $447,000 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2025 02/10/25 Sold $510,000 +2.0% $99 / Sq Ft
01/03/2025 01/03/25 Pending -- -- --
01/01/2025 01/01/25 For Sale $500,000 -- $97 / Sq Ft
Source: Lakeway Area Association of REALTORS®

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
2025 $712 $163,000 $24,000 $139,000
2023 $2,968 $92,600 $0 $0
2022 $2,866 $92,600 $18,000 $74,600
2021 $2,418 $78,120 $18,000 $60,120
2020 $2,422 $78,120 $18,000 $60,120
2019 $2,425 $78,120 $18,000 $60,120
2018 $2,668 $79,680 $18,000 $61,680
2017 $2,668 $79,680 $18,000 $61,680
2016 $2,668 $79,680 $18,000 $61,680
2015 $2,668 $79,680 $18,000 $61,680
2014 $2,661 $79,680 $18,000 $61,680
Source: Public Records

Agents Affiliated with this Home

  • Amy Cate

    Seller's Agent in 2025

    Amy Cate

    The Cate Group, Realty & Property Management LLC

    (865) 389-3517

    6 in this area

    49 Total Sales

    Amy Cate
    Section Image

  • I

    Buyer's Agent in 2025

    IAN CULLEN

    Tennessee Valley Appraisal Services

    (423) 746-0027

    559 in this area

    4,680 Total Sales

    IAN CULLEN
    Section Image

  • N

    Buyer's Agent in 2025

    Non Member

    Non Member - Sales

See All Agents

Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 706092

Lakeway Area Association of REALTORS®

APN: 068N-A-011.00

Tennessee Jefferson County Dandridge 37725

280 W Main St, Dandridge, TN

Sold

MultiFamily

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