NOT LISTED FOR SALE

3875 Erwin Hwy Afton, TN 37616

Estimated Value: $851,936 - $1,283,000

-- Bed
12 Baths
-- Sq Ft
3.33 Acres

Last Sold March 30, 2016

Last sale price $475,000

Est. 125% increase in value since last sale

Current estimated payment $6,364/month

230 Days on Market

Highlights

  • Water Views
  • Deck
  • Covered patio or porch
  • Chuckey Doak Middle School Rated 9+
  • Granite Countertops
  • Double Pane Windows

About This Home

As of March 2016

Welcome to one of Greeneville's premier apartment properties for sale. This property offers 2 separate buildings, newly roofed in 2011, with 8 total non-smoking apartments. Each unit features 2 bedrooms and 1 1/2 baths. Most units have new flooring, newer hot water heaters and several offer new heat pumps and granite counter tops. One apartment is totally furnished which includes furniture, washer and dryer, linens and dishes. Each dwelling comes with 2 assigned parking spaces and extra spaces for visitors. Apartments have an individual large back deck which overlooks the Nolichucky River. Don't miss an opportunity to own an outstanding investment property!! Seller motivated and negotiable. The deed for this property also includes the ability to sell each condo individually.

Last Listed By

Rombye Perry

CENTURY 21 LEGACY - Greeneville License #303650 Listed on: 06/08/2015

CENTURY 21 LEGACY - Greeneville

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,668

Year Built

  • Built in 1998

Lot Details

  • 3.33 Acre Lot
  • Level Lot
  • Cleared Lot
  • Property is in good condition

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Walk-In Closet
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Combination Kitchen and Dining Room
  • Water Views
  • Crawl Space

Kitchen

  • Electric Range
  • Dishwasher
  • Granite Countertops
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

  • Tbd Elementary And Middle School
  • Tbd High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Community Details

  • 2 Buildings

Listing and Financial Details

  • Assessor Parcel Number 054.02

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,668

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Directions: 3875 Erwin Hwy. when leaving Greeneville, just before Hwy 107 (Erwin Hwy) intersects w/ 107 cutoff (on left).
  • Prop. Type: Residential Income
  • Year Built: 1998
  • Property Sub Type: Multi-Family
  • Unit Levels: Two
  • New Construction: No
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Flooring: Vinyl, Carpet, Laminate
  • Interior Amenities: Granite Counters, Kitchen/Dining Combo, Laminate Counters, Walk-In Closet(s)
  • Window Features: Double Pane Windows
  • Appliances Dishwasher: Yes
  • Interior Features:Laminate Counters: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Granite Counters: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Shingle
  • Lot Features: Level, Cleared
  • View: Water
  • Acres: 3.33
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Covered, Deck
  • Window Features:Double Pane Windows: Yes

Garage/Parking

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

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Tank
  • Utilities: Cable Connected
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Ceiling Fan(s), Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Schools

  • Elementary School: Tbd
  • High School: Tbd
  • Middle Or Junior School: Tbd

Lot Info

  • Zoning: Commercial
  • Lot Dimensions: -
  • Lot Size Sq Ft: 145054.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 054.02
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2023
Sold by
Christensen Todd Earl and Christensen Deborah Darlene
Bought by
Tdc Family Trust
Total Days on Market
230
Current Estimated Value
$1,067,468

Purchase Details

Listed on
Jun 8, 2015
Closed on
Mar 29, 2016
Sold by
Bravo Marcelino
Bought by
Christensen Todd Earl and Christensen Deborah Darlene
Seller's Agent
Rombye Perry
CENTURY 21 LEGACY - Greeneville
Buyer's Agent
Kim Hyde
Realty Executives Associates
List Price
$572,500
Sold Price
$475,000
Premium/Discount to List
-$97,500
-17.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.12%

Purchase Details

Closed on
Aug 26, 2008
Sold by
Hobbs Denise Maluck
Bought by
Bravo Haydee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 28, 2003
Sold by
Shelton David and Shelton Patsy
Bought by
Maluck John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$426,060
Interest Rate
5.88%
Mortgage Type
Commercial

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
Tdc Family Trust -- --
Christensen Todd Earl $475,000 --
Bravo Haydee $1,094,000 --
Maluck John D $455,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bravo Marcelino $357,721
Previous Owner Bravo Marcelino $4,279
Previous Owner Bravo Haydee $50,000
Previous Owner Bravo Haydee $369,850
Previous Owner Bravo Haydee $50,000
Previous Owner Maluck John D $381,054
Previous Owner Maluck John D $426,060
Previous Owner David Shelton $300,000
Previous Owner David Shelton $50,000
Previous Owner David Shelton $175,000
Previous Owner David Shelton $161,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2016 03/30/16 Sold $475,000 -17.0% --
01/25/2016 01/25/16 Pending -- -- --
06/08/2015 06/08/15 For Sale $572,500 -- --
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 $4,668 $282,920 $33,000 $249,920
2023 $0 $282,920 $0 $0
2022 $3,768 $187,040 $21,840 $165,200
2021 $3,768 $187,040 $21,840 $165,200
2020 $3,768 $187,040 $21,840 $165,200
2019 $3,768 $187,040 $21,840 $165,200
2018 $3,768 $187,040 $21,840 $165,200
2017 $3,875 $196,400 $22,120 $174,280
2016 $3,679 $196,400 $22,120 $174,280
2015 $3,679 $196,400 $22,120 $174,280
2014 $3,679 $196,400 $22,120 $174,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 363665

Tennessee/Virginia Regional MLS

APN: 101-054.02