$625,000
SOLD DEC 23, 2024
2 Beds
2 Baths
885 Sq Ft
2020 Built

Recently Sold

$706 Per Sq Ft

5% Below List Price

13 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Breakfast Bar
  • Contemporary Architecture
  • Balcony
  • Laundry Room

About This Home

As of December 2024

Live in one of the most rapidly changing and dynamic areas in Downtown. Used as both a successful AirBnB and 'home away from home', the owner projects a 2024 gross revenue of nearly $70,000. Situated just blocks from the new Stadium District, hip restaurants, cafes, entertainment venues & galleries of the vibrant Old City, bustling 100-Block, artsy Emory Place, and eclectic Downtown North, this exceptional 2br/2ba loft residence (built in 2020) features expansive windows, soaring ceilings, rich oak flooring, modern fixtures, an open kitchen w/ sleek cabinetry, spacious island & stainless appliances. Bathroom is stylishly appointed w/ subway tile, a generous vanity, granite countertops & tasteful fixtures. Approx. size per CRS is an estimate only & is not guaranteed. Buyer to verify size, taxes and HOA fees, which are subject to change. Loft is located on 2nd floor; no elevator. The HOA currently allows short-term rentals, however, that is subject to change. Owner currently pays approx. $130/month for a parking permit in a lot adjacent to the Mews II development; pricing and availability is subject to change. Additionally, there is free covered parking across the street. Could be available turn-key.

Last Agent to Sell the Property

Kimberly Dixon-Hamilton

Downtown Realty, Inc. License #290479 Listed on: 11/06/2024

Last Buyer's Agent

Chad Copenhaver

Keller Williams Signature License #334780

Keller Williams Signature

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,711

Year Built

  • Built in 2020

HOA Fees

  • $201 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 885 Sq Ft Home
  • Wired For Data
  • Insulated Windows
  • Open Floorplan
  • City Views

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Balcony

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 094EF01101F

Community Details

Overview

  • Association fees include building exterior, association insurance, sewer, water
  • The Mews Ii Subdivision
  • Mandatory home owners association
  • On-Site Maintenance

Amenities

  • Picnic Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,711

Year Built

Built in 2020

Lot Details

0

HOA Fees

$201 per month

Listing Details

  • Directions: Located at the corner of Ogden & Magnolia and one block from Depot Ave. Traveling south on Gay Street, cross over Summit Hill Dr. and enter the picturesque ''100-Block''. Pass Sterchi Lofts & the Emporium Building. Take a right onto W. Jackson Ave. and then a left onto Central Street. Cross over the railroad tracks and take a left on Depot. Then turn right on Ogden St. just before the Mill & Mine and Marble City Food Hall. The Mews II is on the left across from The Mews I & Hedstrom Landscape Architecture. Enter the development at 351 Ogden, which is closest to the parking lot.
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 2020
  • Lot Size: condominium
  • Subdivision Name: The Mews II
  • Architectural Style: Other, Contemporary
  • Property Attached Yn: Yes
  • General Property Description:Fireplace: No
  • General Property Description:SqFt - Main Lvl: 885.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: No
  • General Property Description:Extra Storage: No
  • Cooling:Central Cooling: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Dining Area:KitchenDining Rm Co: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Dining Area:Living RmDining Rm: Yes
  • Siding:Brick2: Yes
  • Floors:Tile2: Yes
  • Heat:Heat Pump3: Yes
  • Misc Features:Wired for Internet: Yes
  • Dining Area:Breakfast Bar: Yes
  • AtchdDtchd Type:Attached: Yes
  • General Property Description:Position of Unit: 2nd Floor
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Has Basement: None, Other
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None, Other
  • Flooring: Hardwood, Tile
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Other Rooms:LaundryUtility: Yes
  • Fireplace:None15: Yes
  • Misc Features:Island in Kitchen: Yes
  • Basement:None14: Yes
  • Basement:Other5: Yes

Exterior Features

  • Exterior Features: Windows - Insulated, Balcony
  • View: Other, City
  • Lot Features: Other
  • Construction Type: Brick, Other
  • Exterior Features:Windows - Insulated: Yes
  • Construction:Brick5: Yes
  • Construction:Other7: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On-Street Parking, Other, Off-Street Parking
  • GarageParking:Off-Street Parking: Yes
  • GarageParking:Other17: Yes
  • GarageParking:On-Street Parking: Yes

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association Fee: 201.09
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Community Amenities:Sidewalks: Yes
  • Community Amenities:PicnicBarbeque Area: Yes
  • Association Fee Incl:Association Ins: Yes
  • Association Fee Incl:Building Exterior: Yes
  • Association Fee Incl:Sewer3: Yes
  • Association Fee Incl:Water3: Yes

Fee Information

  • Association Fee Includes: Building Exterior, Association Ins, Sewer, Water

Lot Info

  • Parcel #: 094EF01101F

Tax Info

  • Tax Annual Amount: 1711.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2024
Closed on
Dec 23, 2024
Sold by
Deitch Jeremy and Deitch Molly
Bought by
Bab Partners Llc
Seller's Agent
Kimberly Dixon-Hamilton
Downtown Realty, Inc.
Buyer's Agent
Chad Copenhaver
Keller Williams Signature
List Price
$659,000
Sold Price
$625,000
Premium/Discount to List
-$34,000
-5.16%
Views
10
Current Estimated Value
$628,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,016
Avg. Annual Appreciation
0.72%
Original Mortgage
$400,000
Outstanding Balance
$397,562
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$230,454

Purchase Details

Listed on
Apr 14, 2018
Closed on
Sep 23, 2019
Sold by
The Courtland Group Llc
Bought by
Detich Jeremy and Detich Molly
Seller's Agent
Kimberly Dixon-Hamilton
Downtown Realty, Inc.
Buyer's Agent
Kimberly Dixon-Hamilton
Downtown Realty, Inc.
Sold Price
$290,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.75%
Original Mortgage
$275,500
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $625,000 Melrose Title
Warranty Deed $625,000 Melrose Title
Warranty Deed $290,000 Tennessee Valley Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 New Conventional
Closed $400,000 New Conventional
Previous Owner $277,000 New Conventional
Previous Owner $275,500 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2024 12/23/24 Sold $625,000 -2.2% $706 / Sq Ft
11/19/2024 11/19/24 Pending -- -- --
11/18/2024 11/18/24 Price Changed $639,000 -3.0% $722 / Sq Ft
11/06/2024 11/06/24 For Sale $659,000 +127.2% $745 / Sq Ft
09/23/2019 09/23/19 Sold $290,000 -- $322 / 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 $2,944 $79,375 $0 $0
2023 $2,944 $79,375 $0 $0
2022 $2,944 $79,375 $0 $0
2021 $3,001 $65,475 $0 $0
2020 $3,001 $65,475 $0 $0
2019 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1281783

East Tennessee REALTORS® MLS

APN: 094EF-01101F