NOT LISTED FOR SALE

Estimated Value: $338,000 - $373,000

4 Beds
4 Baths
2,700 Sq Ft
$134/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $200,000 $74 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,101/month

Highlights

  • Covered Patio or Porch
  • Storage
  • Carpet
  • Entrance Foyer
  • Forced Air Zoned Heating and Cooling System

About This Home

As of October 2020

Attractive S Knox Fourplex with Bonus Lot. This fully rented fourplex is well located in the up and coming S Knox market. Currently zoned C-N. Includes the vacant corner lot next door. This property features an excellent unit mix of two 1-bedroom units and two 2-bedroom units, and nearly all are occupied by longterm tenants. Amenities include central HVAC, washer dryer connections (3 sets of washer&dryers are included in the sale) in each unit and plenty of parking. Additionally, there is a very large basement garage reserved for the landlords use. This property is very convenient to downtown, Baker Bottoms, Ijams Nature Center and the University of Tennessee.

Last Agent to Sell the Property

Solange Velas

Goldman Partners Realty, LLC License #263596 Listed on: 09/24/2020

Last Buyer's Agent

Brittany Epperly

Great Life RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $925

Year Built

  • Built in 1930

Lot Details

  • 0.32

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Quadruplex
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 2,700 Sq Ft Home
  • Entrance Foyer
  • Storage

Flooring

  • Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Additional Features

  • Covered Patio or Porch
  • 0.32 Acre Lot
  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • The owner pays for taxes, lawn maintenance
  • Assessor Parcel Number 123AJ00301

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $9,155
  • Net Operating Income $12,145

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$925

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Directions: Chapman Hwy to Martin Mill Pike. Turn right on Ogle, left on Doyle. Property is on the corner of Doyle and Ogle.
  • Prop. Type: Multi-Family
  • Year Built: 1930
  • Lot Size Acres: 0.32
  • Lot Size: 147x101xIRR
  • General Property Description:Lot Size SqFt: 13781.0
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Heat:Forced Air: Yes
  • General Property Description:Driveway: Paved
  • Property Sub-Type:Four Plex: Yes
  • Miscellaneous:WasherDryer Cnctns: Yes
  • Miscellaneous:Storage Space: Yes
  • Roof:Asphalt: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Washer, Refrigerator
  • Owner Pays: Taxes, Lawn Maintenance
  • Flooring: Carpet, Vinyl
  • Appliances Range: Yes
  • Other Rooms:Foyer: Yes

Exterior Features

  • Exterior Features: Porch - Covered
  • Construction:Frame: Yes
  • Exterior Features:Porch - Covered: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 1.0
  • Garage Spaces: 1.0
  • GarageParking:On Premise Parking: Yes

Utilities

  • Heating: Forced Air
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 13781.0
  • Parcel #: 123AJ00301
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 21300.0
  • Property Net Operating Income: 12145.0
  • Annual Operating Expense: 9155.0

Tax Info

  • Tax Annual Amount: 925.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2010
Sold by
Choo Jeffrey A
Bought by
Bowen Wannis Richard and Bowen Heather Chantell
Current Estimated Value
$360,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
4.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 2007
Sold by
Anderson Dennis
Bought by
Choo Jeffrey A and Choo Patricia Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,050
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
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
Bowen Wannis Richard $128,650 East Tn Title Ins Agency Inc
Choo Jeffrey A $131,500 Aspen Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bulldog Ventures Llc $400,000
Closed Bowen Wannis Richard $7,465
Closed Bowen Wannis Richard $89,000
Previous Owner Choo Jeffrey A $92,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $200,000 -- $74 / 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 $1,618 $75,040 $0 $0
2023 $2,784 $75,040 $0 $0
2022 $2,784 $75,040 $0 $0
2021 $1,719 $37,520 $0 $0
2020 $1,719 $37,520 $0 $0
2019 $1,719 $37,520 $0 $0
2018 $1,719 $37,520 $0 $0
2017 $1,719 $23,450 $0 $0
2016 $1,951 $0 $0 $0
2015 $1,951 $0 $0 $0
2014 $1,951 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1130698

East Tennessee REALTORS® MLS

APN: 123AJ-00301