NOT LISTED FOR SALE

Estimated Value: $167,000 - $258,064

3 Beds
1 Bath
896 Sq Ft
$233/Sq Ft Est. Value

Last Sold October 20, 2017

Last sale price $78,000 $87 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $1,220/month

90 Days on Market

About This Home

As of October 2017

INVESTMENT OPPORTUNITY with great return or live free while the rented units make your payment! Room for everyone! One house, one mobile home and two mobile home lots all rented in month to month leases producing $1050 a month in income. Room to share or let the property pay for itself with the income you collect. You can even used it for business as it is zoned commercial. Call your agent today!

Last Agent to Sell the Property

Charlene Ramsey

Statewide Realty, Inc License #294942 Listed on: 07/11/2017

Co-Listed By

Rita Neubert

Statewide Realty, Inc License #225478

Last Buyer's Agent

Charlene Ramsey

Wallace

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,076

Year Built

  • Built in 1955

Lot Details

  • 1.96

Parking

  • 1 Car Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • 896 Sq Ft Home
  • Frame Construction

Flooring

  • Carpet
  • Vinyl

Utilities

  • Heating Available

Listing and Financial Details

  • The owner pays for taxes, insurance
  • Assessor Parcel Number 097 041

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $1,600
  • Net Operating Income $9,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,076

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Directions: From Asheville Hwy, R on John Sevier to traffic light at Asbury Road. R on Asbury, first drive on left. Sign on property.
  • Prop. Type: Multi-Family
  • Year Built: 1955
  • Lot Size: 1.96 Acres
  • Co List Office Mls Id: 2279
  • Co List Office Phone: 865-919-4141
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • General Property Description:Driveway: gravel
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Owner Pays: Taxes, Insurance
  • Flooring: Carpet, Vinyl, Other
  • Other Rooms:Other27: Yes

Exterior Features

  • Construction Type: Frame
  • Construction:Frame: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 1.0
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Off-Street Parking
  • GarageParking:Off-Street Parking: Yes

Utilities

  • Heating: Other, Electric
  • Heating Yn: Yes

Lot Info

  • Parcel #: 097 041

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 11400.0
  • Property Net Operating Income: 9800.0
  • Annual Operating Expense: 1600.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2017
Closed on
Oct 20, 2017
Sold by
Cox Andrew Philip
Bought by
Seals Jennifer
Seller's Agent
Charlene Ramsey
Statewide Realty, Inc
Buyer's Agent
Charlene Ramsey
Wallace
Sold Price
$78,000
Current Estimated Value
$209,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,016
Avg. Annual Appreciation
13.32%
Original Mortgage
$50,000
Interest Rate
3.78%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 23, 2002
Sold by
Cox David H
Bought by
Cox Andrew Phillip
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
Seals Jennifer $78,000 Melrose Title Company Llc
Cox Andrew Phillip -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Seals Jennifer $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2017 10/20/17 Sold $78,000 -- $87 / 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 $1,076 $69,255 $0 $0
2023 $1,076 $69,255 $0 $0
2022 $1,076 $69,255 $0 $0
2021 $637 $30,025 $0 $0
2020 $637 $30,025 $0 $0
2019 $637 $30,025 $0 $0
2018 $637 $30,025 $0 $0
2017 $637 $20,800 $0 $0
2016 $655 $0 $0 $0
2015 $655 $0 $0 $0
2014 $655 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1009432

East Tennessee REALTORS® MLS

APN: 097-041