NOT LISTED FOR SALE

3089 Washington Pike Unit 1 Knoxville, TN 37917

Whittle Springs Neighborhood

Estimated Value: $214,000 - $342,000

3 Beds
2 Baths
2,412 Sq Ft
$118/Sq Ft Est. Value

Last Sold May 23, 2017

Last sale price $85,000 $35 Per Sq Ft

Est. 234% increase in value since last sale

Current estimated payment $1,660/month

4 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Zoned Heating System

About This Home

As of May 2017

UNDER CONTRACT! WILL ACCEPT BACKUP OFFERS! All Investors. This is a great buy. Good cash flow. Upper 4 BR 2 BA unit rented for $1000 to $1100 per month. Lower 2BR 1BA unit has never been rented, HVAC unit missing. Property sold As-Is! Seller to do no repairs, will not go FHA duplex program due to missing lower unit. Motivated Seller, but not giving it away! All reasonable offers considered! Please allow 48 hours for response to offers. With zoning change could be Tri-plex.

Last Agent to Sell the Property

Linda Julian

The Real Estate Firm, Inc. License #250439 Listed on: 04/09/2017

The Real Estate Firm, Inc.

Last Buyer's Agent

Anthony Seale

The Ferguson Company License #336283

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $457

Year Built

  • Built in 1930

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,412 Sq Ft Home
  • Vinyl Clad Windows
  • Fire and Smoke Detector
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Outdoor Features

  • Covered Patio or Porch

Schools

  • Spring Hill Elementary School
  • Whittle Springs Middle School
  • Fulton High School

Utilities

  • Zoned Heating System
  • Heat Pump System

Listing and Financial Details

  • The owner pays for advertising, taxes, insurance, lawn maintenance
  • Assessor Parcel Number 070ja044

Community Details

Overview

  • 2 Units
  • J C Patterson Et Ux Ann Patterson Subdivision

Building Details

  • Operating Expense $2,000
  • Net Operating Income $10,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$457

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Directions: Broadway North past Fulton High School to the Pilot Station and turn Right onto Washington Pike. Duplex will be on the left a little ways past the traffic light at Whittle Springs intersection.
  • Prop. Type: Multi-Family
  • Year Built: 1930
  • Lot Size: 100.255 x 105.67 x IRR
  • Subdivision Name: J C Patterson Et Ux Ann Patterson
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Smoke Detector, Refrigerator
  • Owner Pays: Advertising, Taxes, Insurance, Lawn Maintenance
  • Flooring: Hardwood, Carpet, Vinyl

Exterior Features

  • Exterior Features: Windows - Vinyl, Porch - Covered
  • Construction Type: Vinyl Siding, Brick

Utilities

  • Heating: Heat Pump, Central
  • Heating Yn: Yes

Schools

  • Elementary School: Spring Hill
  • High School: Fulton
  • Middle Or Junior School: Whittle Springs

Lot Info

  • Lot Size Sq Ft: 0.24
  • Parcel #: 070ja044
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 12000.0
  • Property Net Operating Income: 10000.0
  • Annual Operating Expense: 2000.0

Tax Info

  • Tax Annual Amount: 456.83

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2020
Sold by
Anthony Seale Properties Llc
Bought by
Columbia Property Investments Llc and Columbia Prop Investments Llc Series 2
Current Estimated Value
$284,143

Purchase Details

Closed on
Jul 31, 2017
Sold by
Seale Anthony C
Bought by
Anthony Seale Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,659
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 9, 2017
Closed on
May 19, 2017
Sold by
Teffeteller Todd K and White Henry Thomas
Bought by
Seale Anthony C
Seller's Agent
Linda Julian
The Real Estate Firm, Inc.
Buyer's Agent
Anthony Seale
The Ferguson Company
Sold Price
$85,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.79%
Original Mortgage
$134,000
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2000
Sold by
Patterson J C and Patterson Ann
Bought by
Teffeteller Todd and White Henry Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,296
Interest Rate
8.99%
Mortgage Type
Unknown
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
Columbia Property Investments Llc -- Admiral Title Inc
Anthony Seale Properties Llc -- Admiral Title Inc
Seale Anthony C $85,000 Admiral Title Inc
Teffeteller Todd $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anthony Seale Properties Llc $119,000
Previous Owner Anthony Seale Properties Llc $72,659
Previous Owner Anthony Seale Properties Llc $75,571
Previous Owner Seale Anthony C $134,000
Previous Owner Teffeteller Todd K $46,000
Previous Owner Teffeteller Todd K $37,296
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2017 05/23/17 Sold $85,000 -- $35 / 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 $1,261 $34,000 $0 $0
2023 $1,261 $34,000 $0 $0
2022 $1,261 $34,000 $0 $0
2021 $824 $17,960 $0 $0
2020 $824 $17,960 $0 $0
2019 $824 $17,960 $0 $0
2018 $824 $17,960 $0 $0
2017 $824 $11,225 $0 $0
2016 $846 $0 $0 $0
2015 $846 $0 $0 $0
2014 $846 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 998231

East Tennessee REALTORS® MLS

APN: 070JA-044