Seller's Agent in 2021
CORY PETERS
Bridge Pointe Real Estate Jonesborough
(423) 268-1019
1 in this area
175 Total Sales
401 E Chilhowie Ave Unit 1,2,3 Johnson City, TN 37601
Gump Addition-Carnegie NeighborhoodEstimated Value: $353,538 - $373,000
--
Bed
3
Baths
--
Sq Ft
100
Acres
Highlights
- Front Porch
- Patio
- Level Lot
- North Side Elementary School Rated A-
- Central Heating and Cooling System
- Carpet
About This Home
As of December 2021Triplex in a highly desirable location of Johnson City. Easy access to Interstate 26, ETSU undergraduate campus, Johnson City Medical Center and the vibrant downtown of Johnson City . This triplex is on a corner lot and offers two spacious 1-bedroom, 1-bath apartments and one 3- bedroom, 2-bath apartment. There is also a detached two car garage (currently generating revenue as a storage unit) and a fenced in backyard. Brand new roof placed in 2021 and gutter system upgraded. Two out of the three units have been recently remodeled and ready for buyer's choice of tenants. When fully occupied rental revenues are projected at $3000. Cap Rate: 10%. Note: The property is officially a triplex, but utilities are in one common meter. Pre Approval Letter Or Bank Statement To Be Confirmed Before Showings Are Accepted. Not accepting V/A as a loan option Cash Or Conventional Loan Options only. *All information deemed reliable but not guranteed. Property Sold As Is Buyer/Agent to verify*
Last Agent to Sell the Property
Bridge Pointe Real Estate Jonesborough License #351304 Listed on: 09/09/2021
Last Buyer's Agent
Coldwell Banker Security Real Estate License #TN 341295,VA 0225238868
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,995
Year Built
- Built in 1910 | Remodeled
Lot Details
- Lot Dimensions are 100 x 150
- Back Yard Fenced
- Level Lot
Parking
- 2 Car Garage
Home Design
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Carpet
- Range
- Washer and Electric Dryer Hookup
- Unfinished Basement
Outdoor Features
- Patio
- Front Porch
Schools
- North Side Elementary School
- Liberty Bell Middle School
- Science Hill High School
Utilities
- Central Heating and Cooling System
- Heat Pump System
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 046f G 019.00 000
- Tax Block 8
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 9, 2021
Closed on
Dec 2, 2021
Sold by
Shamsuddin Abul K and Shams Shireen
Bought by
Surma Roocha J
Seller's Agent
CORY PETERS
Bridge Pointe Real Estate Jonesborough
Buyer's Agent
Melanie Lavender
Coldwell Banker Security Real Estate
List Price
$295,000
Sold Price
$263,000
Premium/Discount to List
-$32,000
-10.85%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,269
Avg. Annual Appreciation
8.95%
Original Mortgage
$258,236
Outstanding Balance
$238,422
Interest Rate
3.09%
Mortgage Type
FHA
Estimated Equity
$123,914
Purchase Details
Listed on
Oct 4, 2017
Closed on
May 11, 2018
Sold by
First Covenant Trust And Advisors
Bought by
Shamsuddin Abul K and Shams Shireen
Seller's Agent
Colin Johnson
KW Johnson City
Buyer's Agent
Colin Johnson
KW Johnson City
List Price
$189,900
Sold Price
$165,000
Premium/Discount to List
-$24,900
-13.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.95%
Original Mortgage
$120,000
Interest Rate
4.44%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 15, 2007
Sold by
Owen Harry H
Bought by
Owen Harry H
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Surma Roocha J | $263,000 | Express Title & Closing | |
| Shamsuddin Abul K | $160,000 | Classic Title Insurance Co | |
| Owen Harry H | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Surma Roocha J | $258,236 | |
| Previous Owner | Shamsuddin Abul K | $120,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/03/2021 12/03/21 | Sold | $263,000 | -10.8% | -- |
| 09/24/2021 09/24/21 | Pending | -- | -- | -- |
| 09/09/2021 09/09/21 | For Sale | $295,000 | +78.8% | -- |
| 05/11/2018 05/11/18 | Sold | $165,000 | -13.1% | -- |
| 02/23/2018 02/23/18 | Pending | -- | -- | -- |
| 10/04/2017 10/04/17 | For Sale | $189,900 | -- | -- |
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 | $1,995 | $116,680 | $18,000 | $98,680 |
| 2022 | $1,257 | $58,475 | $8,750 | $49,725 |
| 2021 | $2,269 | $58,475 | $8,750 | $49,725 |
| 2020 | $2,257 | $58,475 | $8,750 | $49,725 |
| 2019 | $1,126 | $58,475 | $8,750 | $49,725 |
| 2018 | $2,020 | $47,300 | $5,750 | $41,550 |
| 2017 | $2,020 | $47,300 | $5,750 | $41,550 |
| 2016 | $2,011 | $47,300 | $5,750 | $41,550 |
| 2015 | $1,821 | $47,300 | $5,750 | $41,550 |
| 2014 | $1,703 | $47,300 | $5,750 | $41,550 |
Source: Public Records
Agents Affiliated with this Home
-
CORY PETERS
-
Melanie Lavender
M
Buyer's Agent in 2021
Melanie Lavender
Coldwell Banker Security Real Estate
(423) 282-2595
3 in this area
144 Total Sales
-
Colin Johnson
Seller's Agent in 2018
Colin Johnson
KW Johnson City
(423) 247-5510
3 in this area
236 Total Sales
Map
Source: Tennessee/Virginia Regional MLS
MLS Number: 9928372
APN: 046F-G-019.00
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