NOT LISTED FOR SALE

308 W Maple St Johnson City, TN 37604

South Side Johnson City Neighborhood

Estimated Value: $551,000 - $683,723

-- Bed
6 Baths
-- Sq Ft
50 Acres

Last Sold February 22, 2016

Last sale price $320,000

Est. 93% increase in value since last sale

Current estimated payment $3,513/month

449 Days on Market

Highlights

  • Traditional Architecture
  • Covered Patio or Porch
  • Kitchen Island
  • South Side Elementary School Rated A
  • Window Unit Cooling System
  • Landscaped

About This Home

As of February 2016

Attention investors, excellent rental income. Well maintained, 6 unit with laundromat on site for tenants. Parking in rear for 12 cars. Great opportunity very low vacancy and turnover. See attachment for income and expenses. All apts are fully furnished and will convey. Updates include exterior trim painted, new roof, vinyl trim around exterior windows. Units 1 & 3 new paint, back splash, laminate flooring & light fixtures.

Last Agent to Sell the Property

LINDA CARMICHEL

Berkshire Hathaway Greg Cox Real Estate Listed on: 09/24/2014

Berkshire Hathaway Greg Cox Real Estate

Last Buyer's Agent

LINDA CARMICHEL

Berkshire Hathaway Greg Cox Real Estate Listed on: 09/24/2014

Berkshire Hathaway Greg Cox Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,096

Year Built

  • Built in 1974

Lot Details

  • Lot Dimensions are 50 x 151
  • Landscaped
  • Level Lot
  • Cleared Lot
  • Property is in good condition

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Storm Doors

Kitchen

  • Electric Range
  • Kitchen Island

Flooring

  • Carpet
  • Laminate
  • Vinyl

Outdoor Features

  • Covered Patio or Porch

Schools

  • South Side Elementary School
  • Indian Trail Middle School
  • Science Hill High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Cable TV Available

Community Details

  • Operating Expense $13,807
  • Gross Income $52,920
  • Net Operating Income $39,113

Listing and Financial Details

  • Assessor Parcel Number 003.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,096

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Directions: University Pkwy to Buffalo St to W Maple. On left.
  • Prop. Type: Residential Income
  • Year Built: 1974
  • Property Sub Type: Other
  • Reso Association Amenities: Landscaping
  • Architectural Style: Traditional
  • 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 Zoning2: R2
  • General Property Description Elementary School3: South Side
  • General Property Description Middle School2: Indian Trail
  • General Property Description High School3: Science Hill
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 50 X 151
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • General Property Description Stories2: 2
  • Roof Composition: Yes
  • Flooring Carpet: Yes
  • Flooring Laminate: Yes
  • Utilities Cable Available: Yes
  • TopographyLot Description Cleared: Yes
  • Excluded From Sale A C Window Units: Yes
  • Flooring Vinyl: Yes
  • Foundation Slab: Yes
  • General Property Description # Buildings: 1
  • Levels:Two: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Refrigerator, Other, See Remarks
  • Flooring: Vinyl, Carpet, Laminate
  • Interior Amenities: Kitchen Island, Storm Door(s)
  • Interior Features:Kitchen Island: Yes
  • Appliances:Electric Range: Yes
  • InteriorFeatures:Storm Door(s): Yes
  • Appliances:Other2: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Composition
  • Lot Features: Level, Cleared
  • Exterior Features: Sidewalk
  • Construction Type: Brick
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Front Patio, Front Porch, Porch
  • Exterior Finish Brick4: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Front Patio: Yes
  • PorchPatioDeck Front Porch: Yes
  • PorchPatioDeck Porch: Yes

Garage/Parking

  • Parking Features: Gravel, Parking Spaces, None
  • Attached Garage: No
  • Parking Features:Gravel: Yes
  • Parking Features:Parking Spaces: Yes

Utilities

  • Heating: Baseboard
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes

Association/Amenities

  • AmenitiesLandscaping: Yes

Schools

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

Lot Info

  • Zoning: R2
  • Lot Dimensions: 50 X 151
  • Parcel #: 003.00

Multi Family

  • Annual Gross Income: 52920.0
  • Vacancy Allowance Rate: 2.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2014
Closed on
Jan 21, 2016
Sold by
Patterson Frances Joann
Bought by
Lampro Properties Llc
Seller's Agent
LINDA CARMICHEL
Berkshire Hathaway Greg Cox Real Estate
Buyer's Agent
LINDA CARMICHEL
Berkshire Hathaway Greg Cox Real Estate
List Price
$414,000
Sold Price
$320,000
Premium/Discount to List
-$94,000
-22.71%
Current Estimated Value
$617,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,362
Avg. Annual Appreciation
7.14%
Original Mortgage
$256,000
Interest Rate
3.98%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Lampro Properties Llc $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lampro Properties Llc $256,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2016 02/22/16 Sold $320,000 -22.7% --
12/18/2015 12/18/15 Pending -- -- --
09/24/2014 09/24/14 For Sale $414,000 -- --
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 $2,096 $122,560 $10,520 $112,040
2022 $1,580 $73,480 $6,000 $67,480
2021 $2,851 $73,480 $6,000 $67,480
2020 $2,837 $73,480 $6,000 $67,480
2019 $1,481 $73,480 $6,000 $67,480
2018 $2,657 $62,240 $6,000 $56,240
2017 $2,657 $62,240 $6,000 $56,240
2016 $2,645 $62,240 $6,000 $56,240
2015 $2,138 $59,400 $6,000 $53,400
2014 $2,138 $59,400 $6,000 $53,400
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    LINDA CARMICHEL

    Berkshire Hathaway Greg Cox Real Estate

    (423) 416-8777

    22 Total Sales

    LINDA CARMICHEL
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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 354231

Tennessee/Virginia Regional MLS

APN: 054D-N-003.00

Tennessee Washington County Johnson City 37604 South Side Johnson City

308 W Maple St, Johnson City, TN

This home is located at 308 W Maple St, Johnson City, TN 37604 since 24 September 2014 and is currently estimated at $617,362. This property was built in 1974. 308 W Maple St is a home located in Washington County with nearby schools including South Side Elementary School, Liberty Bell Middle School, and Indian Trail Middle School.

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