NOT LISTED FOR SALE

315 Grande Avenue Extension Johnson City, TN 37601

Estimated Value: $362,716 - $375,000

-- Bed
5 Baths
2,673 Sq Ft
$138/Sq Ft Est. Value

Last Sold June 23, 2020

Last sale price $185,000 $69 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $2,113/month

Highlights

  • Mountain View
  • Porch
  • Central Heating and Cooling System
  • Liberty Bell Middle School Rated A
  • Eat-In Kitchen
  • Level Lot

About This Home

As of June 2020

5 unit apartment building with one bedroom units, 100% occupied with professional singles and retired couples, 2 long term tenants (7+yrs) 3 units have new carpet, flooring, new refrigerator and range. Insurance $1400 a year. Roof replaced in 2014, heat pump replaced in 2016, Units 1,2,5 rent for $425, 3 & 4 rent for $375. All information deemed reliable but not guaranteed, buyer/ buyers agent to verify all information.

Last Agent to Sell the Property

Barbara Harkleroad

Crye-Leike Realtors License #263464 Listed on: 06/10/2020

Crye-Leike Realtors

Co-Listed By

Stacy Browning

Crye-Leike Realtors License #333070

Last Buyer's Agent

William Arowood

City & County Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,049

Year Built

  • Built in 1992 | Remodeled

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100 x 150
  • Level Lot
  • Property is in good condition

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 2,673 Sq Ft Home
  • 1-Story Property
  • Mountain Views
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Range

Flooring

  • Carpet
  • Vinyl

Outdoor Features

  • Porch

Schools

  • Mountain View Elementary School
  • Liberty Bell Middle School
  • Science Hill High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 055a F 014.00
  • Tax Block 1/23

Community Details

Overview

  • 5 Units

Building Details

  • Utility Expense $3,000
  • Gross Income $24,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,049

Year Built

Built in 1992 | Remodeled

Lot Details

0

Listing Details

  • Directions: I 26 E to Exit 23 Market St exit Go straight to Main St. Take a left on Main St. Go to the red light, straight on Legion St. At the 4 way stop then take a left on King Springs, a right on Miami Dr then a right on Grand Ave ext property is on the right
  • Prop. Type: Residential Income
  • Year Built: 1992
  • IncomeAndExpensesAnnualUtilityExpenses: 3000
  • Property Sub Type: Other
  • Co List Office Phone: 423-232-0099
  • Unit Levels: One
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 055a F 014.00
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.34
  • General Property Description Zoning2: commerical
  • General Property Description Elementary School3: Mountain View
  • General Property Description Middle School2: Liberty Bell
  • General Property Description High School3: Science Hill
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 100 x 150
  • AC Central Air: Yes
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Roof Shingle: Yes
  • General Property Description Stories2: 1
  • View Mountain(s): Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Utilities Cable Available: Yes
  • Foundation Block6: Yes
  • Location Tax Legal Info Block: 1/23
  • Property Condition UpdatedRemodeled: Yes
  • Flooring Vinyl: Yes
  • Property Condition Average: Yes
  • General Property Description # Buildings: 1
  • General Property Description Total Units: 5
  • General Property Description Home Warranty2: No
  • Levels One: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Eat-in Kitchen
  • Window Features: Single Pane Windows
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Property Condition: Above Average, Average, Updated/Remodeled
  • Roof: Shingle
  • Lot Features: Level
  • View: Mountain(s)
  • Acres: 0.34
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Block
  • Patio And Porch Features: Porch
  • Exterior Finish Brick4: Yes
  • PorchPatioDeck Porch: Yes
  • Window Features:Single Pane Windows: Yes

Garage/Parking

  • Parking Features: Asphalt
  • Attached Garage: No
  • Parking Features:Asphalt2: Yes

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Schools

  • Elementary School: Mountain View
  • High School: Science Hill
  • Middle Or Junior School: Liberty Bell

Lot Info

  • Zoning: commerical
  • Lot Dimensions: 100 x 150
  • Lot Size Sq Ft: 14810.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 055a F 014.00
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 24300.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2020
Sold by
Richardson Gregg
Bought by
Mullins Steven Travis
Current Estimated Value
$368,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Outstanding Balance
$146,661
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$222,197

Purchase Details

Closed on
Nov 20, 1992
Bought by
Horton William M

Purchase Details

Closed on
Feb 5, 1992
Bought by
Caudle James M and Casteel Gilbert
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mullins Steven Travis $229,000 None Available
Horton William M $110,000 --
Caudle James M $9,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mullins Steven Travis $183,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2020 06/23/20 Sold $185,000 -9.8% $69 / Sq Ft
06/11/2020 06/11/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $204,999 -- $77 / Sq Ft
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 $2,049 $119,840 $15,680 $104,160
2022 $1,360 $63,240 $6,680 $56,560
2021 $2,454 $63,240 $6,680 $56,560
2020 $2,441 $63,240 $6,680 $56,560
2019 $1,429 $63,240 $6,680 $56,560
2018 $2,564 $60,040 $6,680 $53,360
2017 $2,564 $60,040 $6,680 $53,360
2016 $2,552 $60,040 $6,680 $53,360
2015 $2,161 $60,040 $6,680 $53,360
2014 $2,161 $60,040 $6,680 $53,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9908943

Tennessee/Virginia Regional MLS

APN: 055A-F-014.00