NOT LISTED FOR SALE

2905 E 5th Ave Knoxville, TN 37914

Park City Neighborhood

Estimated Value: $172,191 - $493,000

3 Beds
4 Baths
3,384 Sq Ft
$91/Sq Ft Est. Value

Last Sold August 25, 2017

Last sale price $70,000 $21 Per Sq Ft

Est. 338% increase in value since last sale

Current estimated payment $1,809/month

67 Days on Market

About This Home

As of August 2017

Investment Opportunity: Four Units East Knoxville. All units are currently vacant. Individually metered for electric and featuring off-street parking. Apt.1 is a one bedroom, Apts. 2-4 are two bedroom units. The main building is made up of Apts. 1-3 with approx. 2282 sqft., Apt. 4 is spacious, with approx. 1,100 sqft. and occupies a separate building to the rear of the main building.
Square footage is from tax records, is not guaranteed, & should be verified by buyer.

Last Agent to Sell the Property

Solange Velas

Goldman Partners Realty, LLC License #263596 Listed on: 06/01/2017

Last Buyer's Agent

Non Member Non Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $993

Year Built

  • Built in 1920

Lot Details

  • 7,485 Sq Ft Lot
  • Lot Dimensions are 50 x 144

Home Design

  • 3,384 Sq Ft Home

Flooring

  • Carpet
  • Vinyl

Community Details

  • 4 Units
  • Lake Park Springs Add Subdivision

Listing and Financial Details

  • The owner pays for taxes, lawn maintenance
  • Assessor Parcel Number 082fc011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$993

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Directions: From Cherry Street, turn left on Magnolia, left on Milligan, then right on E Fifth. No sign.
  • Prop. Type: Multi-Family
  • Year Built: 1920
  • Lot Size Acres: 0.17
  • Lot Size: 50 x 144
  • Subdivision Name: Lake Park Springs Add
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Owner Pays: Taxes, Lawn Maintenance
  • Flooring: Carpet, Vinyl

Lot Info

  • Lot Size Sq Ft: 7485.0
  • Parcel #: 082fc011
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 993.25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2017
Closed on
Aug 25, 2017
Sold by
Henley William Ramsey and Henley Vera Baker
Bought by
Dgary & Hbogus Jr Llc
Seller's Agent
Solange Velas
Goldman Partners Realty, LLC
Buyer's Agent
Non Member Non Member
Non-Member Office
Sold Price
$70,000
Current Estimated Value
$306,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,298
Avg. Annual Appreciation
20.15%

Purchase Details

Closed on
May 5, 1998
Sold by
Deborah Royston
Bought by
Henley William Ramsey and Henley Vera Baker

Purchase Details

Closed on
Mar 18, 1998
Sold by
Johnny Royston
Bought by
Royston Deborah

Purchase Details

Closed on
Feb 28, 1994
Sold by
Lee Greene Carolyn
Bought by
Deborah Royston

Purchase Details

Closed on
Nov 12, 1993
Sold by
Brower David L
Bought by
Lee Greene Carolyn
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
Dgary & Hbogus Jr Llc $70,000 First Priority Title Company
Henley William Ramsey $71,000 Title Specialists Inc
Royston Deborah -- --
Deborah Royston $68,800 --
Lee Greene Carolyn $110,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2017 08/25/17 Sold $70,000 -- $21 / 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 $1,837 $85,200 $0 $0
2023 $3,161 $85,200 $0 $0
2022 $3,161 $85,200 $0 $0
2021 $2,607 $56,880 $0 $0
2020 $1,971 $43,000 $0 $0
2019 $1,971 $43,000 $0 $0
2018 $1,971 $43,000 $0 $0
2017 $1,971 $26,875 $0 $0
2016 $1,838 $0 $0 $0
2015 $1,838 $0 $0 $0
2014 $1,838 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Solange Velas

    Seller's Agent in 2017

    Solange Velas

    Goldman Partners Realty, LLC

    (865) 444-3240

    151 Total Sales

    Solange Velas
    Section Image

  • N

    Buyer's Agent in 2017

    Non Member Non Member

    Non-Member Office

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1004844

East Tennessee REALTORS® MLS

APN: 082FC-011

Tennessee Knox County Knoxville 37914 Park City

2905 E 5th Ave, Knoxville, TN

This home is located at 2905 E 5th Ave, Knoxville, TN 37914 since 01 June 2017 and is currently estimated at $306,298, approximately $90 per square foot. This property was built in 1920. 2905 E 5th Ave is a home located in Knox County with nearby schools including Sarah Moore Greene Elementary / Magnet, Vine Middle/Magnet, and Austin-East High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

East Tennessee REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.

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