NOT LISTED FOR SALE

Estimated Value: $254,000 - $299,000

2 Beds
1.5 Baths
1,250 Sq Ft
$220/Sq Ft Est. Value

Last Sold June 20, 2017

Last sale price $136,500 $109 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $1,636/month

106 Days on Market

Highlights

  • Private Lot
  • Cottage
  • Detached Garage
  • Wood Flooring
  • Covered Patio or Porch
  • Eat-In Kitchen

About This Home

As of June 2017

Located in the heart of Island Home! This excellent Craftsman Style home or investment property is located near Knoxville's up and coming Urban Wilderness Area in Island Home, just over the river from Downtown Knoxville. An AIRBNB property with a 11% cap rate. One of the top preforming AIRBNB properties in Knoxville or a perfect craftsman home for your family. 2 bed, 1 1/2 bath home on large 1/3 acre lot that sleeps 6 people. Walking distance to new Brewery, coffee shop and SoKno Taco Cantina. Turnkey AIRBNB property and business for sale w/management services available to Buyer for a fee. Ready to continue as AIRBNB with bookings for 2017 already in place. 5 min to Downtown. Own this property & business in Knoxville's hottest areas! Just 5 min to Downtown!

Last Agent to Sell the Property

Steve Larimer

Knox Realty License #320410 Listed on: 01/17/2017

Last Buyer's Agent

Michael Ryan Smith

Coldwell Banker Wallace & Wallace, Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $525

Year Built

  • Built in 1940

Lot Details

  • 0.37

Parking

  • Detached Garage

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1,250 Sq Ft Home
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Insulated Windows
  • Living Room
  • Dining Room
  • Fire and Smoke Detector
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Additional Features

  • Private Lot
  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 109 Fb 031

Home Details

Home Type

Single Family

Est. Annual Taxes

$525

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Directions: Just 5 min from downtown Knoxville! From downtown take the James White Parkway to left on Sevierville Pike to left on Sevier Ave. Go 4 blocks to property on the right at the corner of Minnis and Sevier Ave, park on Minnis driveway. Own this AIRBNB business or just move into this amazing SoKno Craftsman home!
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1940
  • Architectural Style: Cottage
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Smoke Detector, Refrigerator, Microwave, Washer
  • Has Basement: Unfinished, Other
  • Fireplace: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Masonry, Wood Burning
  • Flooring: Hardwood, Vinyl, Tile

Exterior Features

  • Exterior Features: Windows - Insulated, Porch - Covered
  • Lot Features: Private
  • Construction Type: Vinyl Siding, Other
  • Other Structures: Storage

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Forced Air
  • Heating Yn: Yes

Lot Info

  • Parcel #: 109 Fb 031

Tax Info

  • Tax Annual Amount: 525.38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2017
Closed on
Jun 16, 2017
Sold by
Mcdaniel Doug and Mcdaniel Faith
Bought by
Young Ja C and Philippidis Sara
Seller's Agent
Steve Larimer
Knox Realty
Buyer's Agent
Michael Ryan Smith
Coldwell Banker Wallace & Wallace, Realtors
Sold Price
$136,500
Current Estimated Value
$274,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,437
Avg. Annual Appreciation
8.35%
Original Mortgage
$109,200
Outstanding Balance
$91,984
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$170,487

Purchase Details

Closed on
Mar 30, 2004
Sold by
Jones Joseph Earl and Jones Amy Catherine
Bought by
Mcdaniel Doug and Mcdaniel Faith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,246
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 1999
Sold by
Mcdonald Joseph W and Mcdonald Lisa A
Bought by
Jones Joseph Earl and Jones Amy Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,950
Interest Rate
7.13%
Mortgage Type
VA

Purchase Details

Closed on
Sep 4, 1997
Sold by
Wesley Mcdonald Joseph
Bought by
Mcdonald Joseph W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,807
Interest Rate
7.43%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 29, 1997
Sold by
Wesley Mcdonald Joseph and Jean Thelma
Bought by
Mcdonald Joseph W and Mcdonald Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,807
Interest Rate
7.43%
Mortgage Type
FHA
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
Young Ja C $136,500 Melrose Title Company Llc
Mcdaniel Doug $87,628 Concord Title Inc
Jones Joseph Earl $72,500 --
Mcdonald Joseph W $65,000 --
Mcdonald Joseph W $65,000 Abstract Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Ja C $109,200
Previous Owner Mcdaniel Doug $113,000
Previous Owner Mcdaniel Doug $83,246
Previous Owner Jones Joseph Earl $73,950
Previous Owner Mcdonald Joseph W $64,807
Previous Owner Mcdonald Joseph W $64,807
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2017 06/20/17 Sold $136,500 -- $109 / 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 $1,570 $42,325 $0 $0
2023 $1,570 $42,325 $0 $0
2022 $1,570 $42,325 $0 $0
2021 $962 $20,975 $0 $0
2020 $962 $20,975 $0 $0
2019 $962 $20,975 $0 $0
2018 $962 $20,975 $0 $0
2017 $962 $20,975 $0 $0
2016 $972 $0 $0 $0
2015 $972 $0 $0 $0
2014 $972 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 988789

East Tennessee REALTORS® MLS

APN: 109FB-031