Seller's Agent in 2025
Johnathan Forester
THE BROKERS REALTY & AUCTION, INC.
(901) 222-7001
19 Total Sales
--
Bed
--
Bath
--
Sq Ft
2.44
Acres
Highlights
- No HOA
- Central Heating and Cooling System
- Lot Has A Rolling Slope
About This Home
As of March 202540 units total.
6 1 bedroom, no garage.
14 1 bedroom, with garage.
8 2 bedroom, no garage.
12 large 2 bedroom, no garage.
The owner has done a lot of capital improvements & prides himself in maintaining a very good product. These units are ready for a new investor to take over & start making money. Owner not providing T12 or P&L. Will provide rent rolls. Seller has a total of 4 apartment complexes for sale.
Last Agent to Sell the Property
THE BROKERS REALTY & AUCTION, INC. License #317675 Listed on: 11/05/2024
Last Buyer's Agent
THE BROKERS REALTY & AUCTION, INC. License #317675 Listed on: 11/05/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,132
Year Built
- Built in 2003
Lot Details
- 2.44 Acre Lot
- Lot Has A Rolling Slope
Home Design
- Vinyl Siding
Schools
- Gray Elementary And Middle School
- Daniel Boone High School
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 012 094.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 5, 2024
Closed on
Mar 24, 2025
Sold by
Aviation Realty Llc
Bought by
Laurel Brook Llc
Seller's Agent
Johnathan Forester
THE BROKERS REALTY & AUCTION, INC.
Buyer's Agent
Johnathan Forester
THE BROKERS REALTY & AUCTION, INC.
List Price
$5,000,000
Sold Price
$4,520,000
Premium/Discount to List
-$480,000
-9.6%
Views
3
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.56%
Original Mortgage
$3,164,000
Outstanding Balance
$3,126,850
Interest Rate
6.76%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,400,784
Purchase Details
Closed on
Aug 24, 2005
Sold by
Orth Construction Company
Bought by
Aviation Realty Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,593,800
Interest Rate
5.64%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 11, 2004
Sold by
Orth Construction Company
Bought by
Orth Construction Co
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.63%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 5, 2002
Bought by
Orth Construction Company Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $4,520,000 | None Listed On Document | |
| Warranty Deed | $4,520,000 | None Listed On Document | |
| Deed | $1,875,000 | -- | |
| Deed | -- | -- | |
| Warranty Deed | $120,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $3,164,000 | Credit Line Revolving | |
| Closed | $3,164,000 | Credit Line Revolving | |
| Previous Owner | $1,593,800 | Commercial | |
| Previous Owner | $600,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/10/2025 06/10/25 | For Rent | $1,200 | 0.0% | -- |
| 03/24/2025 03/24/25 | Sold | $4,520,000 | -9.6% | -- |
| 11/29/2024 11/29/24 | Pending | -- | -- | -- |
| 11/05/2024 11/05/24 | For Sale | $5,000,000 | -- | -- |
Source: Tennessee/Virginia Regional MLS
Tax History Compared to Growth
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 | $21,132 | $1,235,800 | $49,120 | $1,186,680 |
| 2023 | $15,220 | $707,920 | $0 | $0 |
| 2022 | $15,220 | $707,920 | $33,960 | $673,960 |
| 2021 | $15,220 | $707,920 | $33,960 | $673,960 |
| 2020 | $15,220 | $707,920 | $33,960 | $673,960 |
| 2019 | $16,940 | $707,920 | $33,960 | $673,960 |
| 2018 | $16,940 | $711,840 | $33,960 | $677,880 |
| 2017 | $16,940 | $711,840 | $33,960 | $677,880 |
| 2016 | $16,940 | $711,840 | $33,960 | $677,880 |
| 2015 | $14,093 | $711,840 | $33,960 | $677,880 |
| 2014 | $14,603 | $737,600 | $33,960 | $703,640 |
Source: Public Records
Agents Affiliated with this Home
-
Johnathan Forester
Map
Source: Tennessee/Virginia Regional MLS
MLS Number: 9973123
APN: 012-094.00
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