NOT LISTED FOR SALE

Estimated Value: $738,713 - $745,000

-- Bed
8 Baths
-- Sq Ft
0.31 Acres

Last Sold October 20, 2021

Last sale price $548,900

Est. 35% increase in value since last sale

Current estimated payment $4,221/month

6 Days on Market

Highlights

  • Window Unit Cooling System
  • 1-Story Property
  • Radiant Ceiling
  • South Side Elementary School Rated A
  • Level Lot
  • 4-minute walk to Powell Square Park

About This Home

As of October 2021

Centrally located apartments offer steady income and have been well maintained. 4,950 square feet divided among 7 units.

3 apartments are 2 bed 1 full bath upstairs (mixed heat pump / wall unit) and individual water meters

downstairs is 1 oversized 2 bed.2 full bath and 3 1 bed efficiency apartments with wall heat/air units

Communal laundry

Information deemed reliable. Buyer / Buyer's agent to verify all information.

Last Agent to Sell the Property

Shane O'Hare

REMAX Checkmate, Inc. Realtors License #353066 Listed on: 06/28/2021

REMAX Checkmate, Inc. Realtors

Last Buyer's Agent

Jay Goodson

REMAX Checkmate, Inc. Realtors License #329807

REMAX Checkmate, Inc. Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,213

Year Built

  • Built in 1967

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 95 x 137 x 95 x 143
  • Level Lot
  • Cleared Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property

Schools

  • South Side Elementary School
  • Liberty Bell Middle School
  • Science Hill High School

Utilities

  • Window Unit Cooling System
  • Radiant Ceiling

Community Details

  • 7 Units
  • Holly Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 054d C 025.00 000
  • Tax Block 4

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,213

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Directions: Head northeast on Cherry St toward Buffalo St 459 ft Turn right onto Buffalo St 0.4 mi Turn right onto W Chestnut St Destination will be on the right 367 ft
  • Prop. Type: Residential Income
  • Year Built: 1967
  • Property Sub Type: Multi-Family
  • Subdivision Name: Holly Hills
  • Unit Levels: One
  • Location Tax Legal Info Parcel ID: 054d C 025.00 000
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.31
  • General Property Description Zoning2: R2
  • General Property Description Elementary School3: South Side
  • General Property Description Middle School2: Liberty Bell
  • General Property Description High School3: Science Hill
  • Water Public: Yes
  • General Property Description Lot Dimensions: 95 x 137 x 95 x 143
  • TopographyLot Description Level2: Yes
  • Location Tax Legal Info Block: 4
  • TopographyLot Description Cleared: Yes
  • Excluded From Sale A C Window Units: Yes
  • General Property Description Total Units: 7
  • General Property Description Home Warranty2: No
  • Levels One: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Level, Cleared
  • Acres: 0.31
  • Home Warranty: No
  • Construction Type: Brick
  • Exterior Finish Brick4: Yes

Utilities

  • Heating: Radiant Ceiling
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Radiant Ceiling: Yes

Schools

  • Elementary School: South Side
  • High School: Science Hill
  • Middle Or Junior School: Liberty Bell

Lot Info

  • Zoning: R2
  • Lot Dimensions: 95 x 137 x 95 x 143
  • Lot Size Sq Ft: 13503.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 054d C 025.00 000
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2021
Closed on
Oct 15, 2021
Sold by
Horton Properties Llc
Bought by
Rrs Chestnut Properties Llc
Seller's Agent
Shane O'Hare
REMAX Checkmate, Inc. Realtors
Buyer's Agent
Jay Goodson
REMAX Checkmate, Inc. Realtors
List Price
$548,900
Sold Price
$548,900
Current Estimated Value
$741,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,957
Avg. Annual Appreciation
7.70%
Original Mortgage
$411,675
Outstanding Balance
$280,483
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$453,706

Purchase Details

Closed on
Apr 13, 2004
Sold by
Widdows Richard E
Bought by
Horton Properties Llc

Purchase Details

Closed on
Apr 12, 2004
Sold by
Widdows Richard E
Bought by
Horton Properties
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Rrs Chestnut Properties Llc $548,900 None Available
Horton Properties Llc $225,000 --
Horton Properties $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rrs Chestnut Properties Llc $411,675
Previous Owner Horton Properties Llc $1,929,350
Previous Owner Horton Properties $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2021 10/20/21 Sold $548,900 0.0% --
07/05/2021 07/05/21 Pending -- -- --
06/28/2021 06/28/21 For Sale $548,900 -- --
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 $3,213 $187,880 $19,960 $167,920
2022 $2,525 $117,440 $11,400 $106,040
2021 $4,557 $117,440 $11,400 $106,040
2020 $4,533 $117,440 $11,400 $106,040
2019 $2,563 $117,440 $11,400 $106,040
2018 $4,598 $107,680 $11,400 $96,280
2017 $4,598 $107,680 $11,400 $96,280
2016 $4,577 $107,680 $11,400 $96,280
2015 $3,876 $107,680 $11,400 $96,280
2014 $3,876 $107,680 $11,400 $96,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9924757

Tennessee/Virginia Regional MLS

APN: 054D-C-025.00