NOT LISTED FOR SALE

312 Melrose St Unit 316 Maryville, TN 37803

Estimated Value: $405,000 - $675,000

-- Bed
4 Baths
4,120 Sq Ft
$123/Sq Ft Est. Value

Last Sold April 15, 2014

Last sale price $171,500 $42 Per Sq Ft

Est. 195% increase in value since last sale

Current estimated payment $2,900/month

Highlights

  • Wood Flooring
  • Sam Houston Elementary School Rated A
  • Central Heating

About This Home

As of April 2014

Investor special! This 4-plex is located in the heart of Maryville City, in walking distance to schools and Sandy Springs Park. There are 4 large 1 BR units with huge living rooms and bedrooms. These units have tons of character, hardwoods, tall ceilings, etc.

Last Agent to Sell the Property

Dwight Price

Price and Associates REALTORS, LLC Listed on: 01/14/2013

Co-Listed By

Sara Price

Price and Associates REALTORS, LLC

Last Buyer's Agent

Non Member Non Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,777

Year Built

  • Built in 1935

Lot Details

  • 0.37

Home Design

  • 4,120 Sq Ft Home
  • Brick Exterior Construction

Flooring

  • Wood
  • Carpet
  • Vinyl

Utilities

  • Central Heating

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for taxes, insurance, lawn maintenance
  • Assessor Parcel Number 057l E 012.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,777

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Directions: W. Lamar Alexander Pkwy to right on Montvale. Right on Mountain View. Left on Melrose to 4-plex on left.
  • Prop. Type: Multi-Family
  • Year Built: 1935
  • Lot Size: 0.38 Acre
  • Co List Office Phone: 865-724-1766
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Owner Pays: Taxes, Insurance, Lawn Maintenance
  • Flooring: Hardwood, Carpet, Vinyl

Exterior Features

  • Construction Type: Brick

Utilities

  • Heating: Central
  • Heating Yn: Yes

Lot Info

  • Parcel #: 057l E 012.00

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1776.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2018
Sold by
Miller Mark W
Bought by
Miller Mark Tr and The Mkiller Trust
Current Estimated Value
$505,960

Purchase Details

Closed on
Mar 7, 2018
Sold by
Miller Ammie
Bought by
Miller Mark W and Miller Dorothy G

Purchase Details

Listed on
Jan 14, 2013
Closed on
Apr 14, 2014
Sold by
Dunford David R Wendy C
Bought by
Miller Ammie and Mark
Seller's Agent
Dwight Price
Price and Associates REALTORS, LLC
Buyer's Agent
Non Member Non Member
Non-Member Office
Sold Price
$171,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.82%

Purchase Details

Closed on
May 10, 2001
Bought by
Dunford David R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.98%

Purchase Details

Closed on
Jun 18, 1997
Sold by
Shoemaker Lucy
Bought by
Dunford Gerald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
7.93%

Purchase Details

Closed on
Oct 25, 1991
Bought by
Shoemaker Lucy

Purchase Details

Closed on
Dec 29, 1989
Bought by
Shoemaker Harley and Shoemaker Lucy

Purchase Details

Closed on
Jan 1, 1985
Bought by
Wilson James I Trustee
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
Miller Mark Tr -- --
Miller Mark W -- --
Miller Ammie $171,500 --
Dunford David R $120,000 --
Dunford Gerald $120,000 --
Shoemaker Lucy -- --
Shoemaker Harley $61,000 --
Wilson James I Trustee $64,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilson James I Trustee $125,000
Previous Owner Wilson James I Trustee $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2014 04/15/14 Sold $171,500 -- $42 / 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
2025 -- $190,320 $0 $0
2024 -- $190,320 $28,800 $161,520
2023 $3,026 $190,320 $28,800 $161,520
2022 $2,231 $90,320 $16,000 $74,320
2021 $4,281 $90,320 $16,000 $74,320
2020 $4,281 $90,320 $16,000 $74,320
2019 $4,281 $90,320 $16,000 $74,320
2018 $3,282 $69,240 $11,960 $57,280
2017 $3,282 $69,240 $11,960 $57,280
2016 $3,213 $69,240 $11,960 $57,280
2015 $2,991 $69,240 $11,960 $57,280
2014 $3,537 $69,240 $11,960 $57,280
2013 $3,537 $81,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 827950

East Tennessee REALTORS® MLS

APN: 057L-E-012.00