NOT LISTED FOR SALE

401 Gilliam Cir Talbott, TN 37877

Estimated Value: $175,768 - $272,000

-- Bed
-- Bath
-- Sq Ft
2.02 Acres

Last Sold April 26, 2018

Last sale price $279,900

Est. 36% decrease in value since last sale

Current estimated payment $988/month

24 Days on Market

Highlights

  • Solid Surface Countertops
  • Level Lot
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of April 2018

Money Making Investment! This 17 pad mobile home park located in West Hamblen County generates over $47,000 per year in NET income. 8 of the units are park owned; other 9 receive $170/month lot rent. 9 private owned have been in park for 13+ years. Well managed property that is conveniently located between Morristown and Jefferson City. Park sits on 2.02 acres and has 5 septic tanks. Rent includes water; each unit has their own electric meter. Onsite security guard, maintenance man, and lawn care. Motivated sellers are looking to retire from the property management business.

Last Agent to Sell the Property

Amy Shrader

REMAX Real Estate Ten of Morristown License #324868 Listed on: 03/16/2018

REMAX Real Estate Ten of Morristown

Last Buyer's Agent

Non Member

Non Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8

Year Built

  • Built in 1970

Lot Details

  • 2.02 Acre Lot
  • Level Lot
  • Cleared Lot
  • Property is in average condition

Parking

  • Gravel Driveway

Home Design

  • Metal Siding

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Fire and Smoke Detector
  • Washer and Gas Dryer Hookup

Kitchen

  • Range
  • Solid Surface Countertops

Schools

  • Alpha Elementary School
  • West View Middle School
  • Morristown West High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 054H C 025.00

Community Details

Overview

  • 8 Buildings
  • Rolling Acres Subdivision

Building Details

  • Utility Expense $8,556
  • Gross Income $58,620
  • Net Operating Income $45,769

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Directions: Highway 11E towards Jefferson City. Turn right on Dogwood. Left on Gilliam Circle. Follow to mobile home park at end.
  • Prop. Type: Residential Income
  • Year Built: 1970
  • IncomeAndExpensesAnnualUtilityExpenses: 8556
  • Property Sub Type: Other
  • Subdivision Name: Rolling Acres
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 054H C 025.00
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 2.02
  • General Property Description Zoning2: Commercial
  • General Property Description Elementary School3: Alpha
  • General Property Description Middle School2: West View
  • General Property Description High School3: Morristown West
  • Water Public: Yes
  • General Property Description Lot Dimensions: IRR
  • AC Central Air: Yes
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • General Property Description Stories2: 1
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • TopographyLot Description Cleared: Yes
  • Property Condition Average: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • General Property Description # Buildings: 8
  • Utilities Cable Connected2: Yes
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator
  • Has Basement: Crawl Space
  • Interior Amenities: Smoke Detector(s), Solid Surface Counters
  • InteriorFeatures:Smoke Detector(s): Yes
  • Interior Features:Solid Surface Counters: Yes
  • Appliances Range: Yes
  • Basement:Crawl Space: Yes

Exterior Features

  • Property Condition: Average
  • Lot Features: Level, Cleared
  • Acres: 2.02
  • Construction Type: Metal Siding, Other, See Remarks
  • Exterior Finish Metal Siding: Yes

Garage/Parking

  • Parking Features: Gravel, Parking Spaces
  • Attached Garage: No
  • Parking Features:Gravel: Yes
  • Parking Features:Parking Spaces: Yes

Utilities

  • Heating: Central
  • Sewer: Septic Tank
  • Utilities: Cable Connected
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes

Schools

  • Elementary School: Alpha
  • High School: Morristown West
  • Middle Or Junior School: West View

Lot Info

  • Zoning: Commercial
  • Lot Dimensions: IRR
  • Lot Size Sq Ft: 87991.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 054H C 025.00
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 58620.0

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2018 04/26/18 Sold $279,900 -6.7% --
04/10/2018 04/10/18 Pending -- -- --
03/16/2018 03/16/18 For Sale $299,900 -- --
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 $8 $425 -- $425
2023 $8 $425 $0 $0
2022 $8 $425 $0 $425
2021 $8 $425 $0 $425
2020 $8 $425 $0 $425
2019 $10 $450 $0 $450
2018 $10 $450 $0 $450
Source: Public Records

Agents Affiliated with this Home

  • Amy Shrader

    Seller's Agent in 2018

    Amy Shrader

    RE/MAX

    (423) 748-8811

    533 Total Sales

    Section Image

  • N

    Buyer's Agent in 2018

    Non Member

    Non Member

See All Agents

Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 403786

Tennessee/Virginia Regional MLS

APN: 032054H C 02500 005

Tennessee Hamblen County Talbott 37877

401 Gilliam Cir, Talbott, TN

This home is located at 401 Gilliam Cir, Talbott, TN 37877 since 16 March 2018 and is currently estimated at $223,884. This property was built in 1970. 401 Gilliam Cir is a home located in Hamblen County with nearby schools including Alpha Elementary School, West View Middle School, and Morristown West High School.

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