NOT LISTED FOR SALE

2805 W Walnut St Unit 2801 Johnson City, TN 37604

Estimated Value: $1,634,000 - $1,916,314

-- Bed
22 Baths
-- Sq Ft
1 Acres

Last Sold October 30, 2017

Last sale price $450,000

Est. 294% increase in value since last sale

Current estimated payment $10,051/month

Highlights

  • Front Porch
  • Cooling System Mounted In Outer Wall Opening
  • Ceramic Tile Flooring
  • Cherokee Elementary School Rated A-
  • Patio
  • Baseboard Heating

About This Home

As of October 2017

2 Brick Apartment buildings ready to rent! Low vacancy rate; a total of 22 apartments that are all rented except for 2! Rental income is $370 for the 1 bedroom apartments and $395 for the 2 bedrooms! The rent has not been raised for 4 years by current owner. Great investment opportunity! Current gross income per month is $8350

Last Agent to Sell the Property

HAROLD PENDLETON

Century 21 Heritage Listed on: 08/23/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,895

Year Built

  • Built in 1967

Lot Details

  • 1 Acre Lot
  • Property is in average condition

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Range

Flooring

  • Carpet
  • Ceramic Tile

Outdoor Features

  • Patio
  • Front Porch

Schools

  • Cherokee Elementary School
  • Indian Trail Middle School
  • Science Hill High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Community Details

  • 2 Buildings

Listing and Financial Details

  • Assessor Parcel Number 003.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,895

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Directions: From State of Franklin towards hospital. Turn Right onto W Walnut. Apartments on the left. No sign.
  • Prop. Type: Residential Income
  • Year Built: 1967
  • Property Sub Type: Multi-Family
  • Unit Levels: Two
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 003.00
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 1.0
  • General Property Description Zoning2: B3
  • General Property Description Elementary School3: Cherokee
  • General Property Description Middle School2: Indian Trail
  • General Property Description High School3: Science Hill
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 1.1 Acres
  • Appliances Refrigerators: Yes
  • General Property Description Stories2: 2
  • Roof Composition: Yes
  • Flooring Carpet: Yes
  • Property Condition Average: Yes
  • Flooring Ceramic Tile: Yes
  • AC Wall Unit(s): Yes
  • General Property Description # Buildings: 2
  • Levels:Two: Yes
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator
  • Flooring: Carpet, Ceramic Tile
  • Appliances Range: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Composition
  • Acres: 1.0
  • Construction Type: Block, Brick
  • Patio And Porch Features: Front Patio, Front Porch, Porch
  • Exterior Finish Brick4: Yes
  • PorchPatioDeck Front Patio: Yes
  • PorchPatioDeck Front Porch: Yes
  • PorchPatioDeck Porch: Yes

Utilities

  • Heating: Baseboard
  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes

Schools

  • Elementary School: Cherokee
  • High School: Science Hill
  • Middle Or Junior School: Indian Trail

Lot Info

  • Zoning: B3
  • Lot Dimensions: 1.1 Acres
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 003.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2021
Sold by
Tyl Holdings Llc
Bought by
Ody Aubrey Holdings Llc
Current Estimated Value
$1,775,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$927,500
Outstanding Balance
$813,191
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$961,966

Purchase Details

Closed on
Mar 22, 2021
Sold by
Shams Tanzid
Bought by
Tyl Holdings Llc

Purchase Details

Listed on
Aug 23, 2017
Closed on
Oct 30, 2017
Sold by
Love Steven Jeffrey and Campbell Steve
Bought by
Shams Tanzid
Seller's Agent
HAROLD PENDLETON
Century 21 Heritage
List Price
$475,000
Sold Price
$450,000
Premium/Discount to List
-$25,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.74%
Original Mortgage
$382,500
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2008
Sold by
Love Etta M
Bought by
Love John G
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
Ody Aubrey Holdings Llc $1,325,000 None Available
Tyl Holdings Llc $1,152,500 None Available
Shams Tanzid $450,000 Express Title
Love John G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ody Aubrey Holdings Llc $927,500
Previous Owner Shams Tanzid $382,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2017 10/30/17 Sold $450,000 -5.3% --
08/24/2017 08/24/17 Pending -- -- --
08/23/2017 08/23/17 For Sale $475,000 -- --
Source: Tennessee/Virginia Regional 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 $8,895 $520,160 $34,360 $485,800
2022 $9,635 $448,160 $32,160 $416,000
2021 $12,262 $448,160 $32,160 $416,000
2020 $7,395 $191,560 $12,880 $178,680
2019 $4,751 $191,560 $12,880 $178,680
2018 $8,524 $199,640 $12,880 $186,760
2017 $8,524 $199,640 $12,880 $186,760
2016 $8,484 $199,640 $12,880 $186,760
2015 $7,686 $199,640 $12,880 $186,760
2014 $7,187 $199,640 $12,880 $186,760
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2017

    HAROLD PENDLETON

    Century 21 Heritage

See All Agents

Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 396208

Tennessee/Virginia Regional MLS

APN: 053M-B-003.00

Tennessee Washington County Johnson City 37604

2805 W Walnut St Unit 2801, Johnson City, TN

This home is located at 2805 W Walnut St Unit 2801, Johnson City, TN 37604 since 23 August 2017 and is currently estimated at $1,775,157. This property was built in 1967. 2805 W Walnut St Unit 2801 is a home located in Washington County with nearby schools including Cherokee Elementary School, Liberty Bell Middle School, and Indian Trail Middle School.

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