NOT LISTED FOR SALE
-- Bed
-- Bath
8,556 Sq Ft
1976 Built

Last Sold March 24, 2021

Last sale price $700,000 $82 Per Sq Ft

63 Days on Market

About This Home

As of March 2021

RARE 10 UNITS - FOUNTAIN CITY - ALL BRICK - PRIDE OF OWNERSHIP - FULLY LEASED! Fountain City is a highly desirable suburb just N of downtown Knoxville with all the amenities that residents look for - convenient shopping & good eats such as Panera, Salsaritas, and Chick Fil A just to name a few. Convenient - Just 10 minutes from the Univ of Tennessee campus plus excellent interstate access to both I-40 and I-75.

Last Agent to Sell the Property

Solange Velas

Goldman Partners Realty, LLC License #263596 Listed on: 11/12/2020

Last Buyer's Agent

Wayne Rutherford

Crye-Leike Realtors-Athens

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,766

Year Built

  • Built in 1976

Home Design

  • 8,556 Sq Ft Home
  • Brick Exterior Construction

Flooring

  • Carpet
  • Laminate
  • Vinyl

Additional Features

  • Lot Dimensions are 122x147
  • Heating unit installed on the ceiling

Listing and Financial Details

  • The owner pays for trash collection, taxes, lawn maintenance
  • Assessor Parcel Number 058BH014

Community Details

Overview

  • 10 Units
  • Craig Shetterly Resub Lots 2 & 3 Subdivision

Building Details

  • Operating Expense $19,206
  • Net Operating Income $49,174

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,766

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Directions: I-640 to N on Broadway. Just past the duck pond turn left onto Church then bear right onto Fountain. At Dahlia turn left. Property is immediately on the right.
  • Prop. Type: Multi-Family
  • Year Built: 1976
  • Lot Size: 122x147
  • Subdivision Name: Craig Shetterly Resub Lots 2 & 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator
  • Owner Pays: Trash Collection, Taxes, Lawn Maintenance
  • Flooring: Laminate, Carpet, Vinyl, Other

Exterior Features

  • Construction Type: Brick

Utilities

  • Heating: Ceiling
  • Heating Yn: Yes

Lot Info

  • Parcel #: 058BH014

Multi Family

  • Number Of Units Total: 10
  • Annual Gross Income: 71880.0
  • Property Net Operating Income: 49174.0
  • Annual Operating Expense: 19206.0

Tax Info

  • Tax Annual Amount: 2766.35

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
03/24/2021 03/24/21 Sold $700,000 -- $82 / Sq Ft
Source: East Tennessee REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1135713

East Tennessee REALTORS® MLS

APN: 058BH014