NOT LISTED FOR SALE

2920 Campground Way Powell, TN 37849

Powell Area
-- Bed
-- Bath
9,700 Sq Ft
1990 Built

Sale Details

Date Sold: May 12, 2015

Last sale price $525,000 $54 Per Sq Ft

168 Days on Market

About This Home

As of May 2015

Reduced - Rare Find - 10 Units in Powell - With Seller Financing. This attractive Powell complex consists of two 4plexes & one duplex on individual lots. Each 4plex features two 1000 sqft townhouse-style 2 BR + 1.5 bath units and two 850 sqft 2 BR + 1 bath garden flats. The duplex has a 3 BR + 2 bath unit w/1 car garage as well as a 2 BR + 1 bath unit w/approx. 1100 sqft. With approved Buyer financials & 25% down, Seller will carry 1st Deed of Trust at 6%, amortized over 30 yrs, due in 7 yrs. All units enjoy excellent amenities including washer/dryer hookups, stoves, refrigerators, dishwashers & central heat/air. Recent upgrades include all new roofs & exterior paint in 2012. Residents pay all utilities including water/sewer. Square footage is estimated, is not guaranteed & should be verified by buyer. Additional addresses are 2928 & 2934 Campground Way.

Last Agent to Sell the Property

Solange Velas

Goldman Partners Realty, LLC License #263596 Listed on: 10/06/2014

Last Buyer's Agent

Edwin Cloud

Town & Country - REALTORS Of East TN, Inc. License #249008

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1990

Home Design

  • 9,700 Sq Ft Home

Flooring

  • Carpet
  • Vinyl

Additional Features

  • Dishwasher
  • Central Heating

Listing and Financial Details

  • The owner pays for trash collection, supplies, taxes, insurance, lawn maintenance
  • Assessor Parcel Number 055lb00112

Community Details

Overview

  • 10 Units

Building Details

  • Operating Expense $26,096
  • Net Operating Income $38,204

Property Details

Home Type

Multi-Family

Year Built

Built in 1990

Listing Details

  • Directions: From Clinton Hwy, turn onto W Emory Rd., then immediately left on Old Clinton Hwy.Right on Bell Campground Rd., Property is on the left just past the United Methodist church. No sign. Additional addresses are 2928 & 2934 Campground Way.
  • Prop. Type: Multi-Family
  • Year Built: 1990
  • Lot Size: 1 Acre
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Owner Pays: Trash Collection, Supplies, Taxes, Insurance, Lawn Maintenance
  • Flooring: Carpet, Vinyl

Utilities

  • Heating: Central
  • Heating Yn: Yes

Lot Info

  • Parcel #: 055lb00112

Multi Family

  • Number Of Units Total: 10
  • Annual Gross Income: 71400.0
  • Property Net Operating Income: 38204.0
  • Annual Operating Expense: 26096.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2014
Closed on
May 12, 2015
Sold by
Bought by
Seller's Agent
Solange Velas
Goldman Partners Realty, LLC
Buyer's Agent
Edwin Cloud
Town & Country - REALTORS Of East TN, Inc.
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$537,000
Interest Rate
3.79%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 3, 2014
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$525,000 Attorney
-- East Tennessee Title Ins Age
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $3,700,000
Closed $2,025,000
Closed $537,000
Previous Owner $140,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/12/2015 05/12/15 Sold $525,000 -- $54 / Sq Ft
Source: East Tennessee REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,716 $110,400 $0 $0
2024 $1,716 $110,400 $0 $0
2023 $1,716 $110,400 $0 $0
2022 $1,716 $110,400 $0 $0
2021 $1,934 $91,240 $0 $0
2020 $1,934 $91,240 $0 $0
2019 $1,934 $91,240 $0 $0
2018 $1,934 $91,240 $0 $0
2017 $1,934 $57,025 $0 $0
2016 $1,705 $0 $0 $0
2015 $1,705 $0 $0 $0
2014 $1,705 $0 $0 $0
Source: Public Records

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 902817

East Tennessee REALTORS® MLS
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