NOT LISTED FOR SALE

401 Gilliam Cir Talbott, TN 37877

Estimated Value: $180,339

-- 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 $999/month

25 Days on Market

Highlights

  • Porch
  • Central Heating and Cooling System
  • Ceiling Fan
  • Laundry Room

About This Home

As of April 2018

Money Making Investment! This 17 pad mobile home park located in West Hamblen County generates over $45,000 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

RE/MAX Real Estate Ten Midtown License #324868 Listed on: 03/16/2018

RE/MAX Real Estate Ten Midtown

Last Buyer's Agent

MEMBER NON

NON MEMBER OTHER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,251

Lot Details

  • 2.02 Acre Lot

Home Design

  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Metal Fireplace
  • Basement
  • Crawl Space
  • Fire and Smoke Detector
  • Electric Range

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Exterior Lighting
  • Porch

Schools

  • Alpha Elementary School
  • Westview Middle School
  • West High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 025.00

Community Details

Overview

  • Property has a Home Owners Association
  • 17 Units
  • Rolling Acres Subdivision

Building Details

  • 1 Separate Water Meter
  • Insurance Expense $3,000
  • Net Operating Income $45,769

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,251

Lot Details

0

Listing Details

  • Carport Y N: No
  • Property Sub Type: Mobile Home Park
  • Prop. Type: Residential Income
  • Lot Size Acres: 2.02
  • Lot Size: IRR/IRR/IRR/IRR
  • Subdivision Name: Rolling Acres
  • Directions: Highway 11E towards Jefferson City. Turn right on Dogwood. Left on Gilliam Circle. Follow to mobile home park at end.
  • Location Tax and Legal:Tax Annual Amount: 1251.0
  • Location Tax and Legal:Parcel Number2: 025.00
  • General Property Information:Lot Size Acres: 2.02
  • General Property Information:Lot Size Dimensions: IRR/IRR/IRR/IRR
  • Water Source:Public: Yes
  • Location Tax and Legal:Middle or Junior School: Westview
  • Location Tax and Legal:Elementary School: Alpha Elementary
  • Location Tax and Legal:High School: West
  • General Property Information:Fireplace YN: No
  • General Property Information:Spa YN: No
  • General Property Information:Home Warranty YN: No
  • Appliances Refrigerators: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • General Property Information:Basement YN: Yes
  • Security Features:Smoke Detector(s): Yes
  • Gross Scheduled Income: 58620.0
  • Cooling:Central Air: Yes
  • Cooling:Electric: Yes
  • Laundry Features:Laundry Room: Yes
  • Laundry Features:Main Level: Yes
  • General Property Information:Number Of Units Total2: 17.0
  • Meter Information:Number Of Separate Water Meters: 1
  • Roof:Metal: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Basement: Crawl Space
  • Interior Amenities: Ceiling Fan(s)
  • Private Spa: No
  • Basement YN: Yes
  • Fireplace Features: Metal
  • Fireplace: No
  • Appliances:Electric Oven: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Exterior Features: Lighting
  • Home Warranty: No
  • Construction Type: Metal Siding, Vinyl Siding
  • Patio And Porch Features: Porch
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Porch: Yes
  • Construction Materials:Metal Siding: Yes
  • Exterior Features:Lighting: Yes

Garage/Parking

  • Parking Features: Gravel
  • General Property Information:Carport YN: No
  • Parking Features:Gravel: Yes
  • Unit 1:Garage YN3: No
  • Unit 2:Garage YN4: No
  • Unit 3:Garage YN5: No
  • Unit 4:Garage YN6: No

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Sewer: Septic Tank
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public
  • Sewer Septic Tank: Yes
  • Heating:Central: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Amenities: Cable TV
  • Association: Yes

Association/Amenities

  • Association Amenities:Cable TV: Yes

Schools

  • Elementary School: Alpha Elementary
  • High School: West
  • Middle Or Junior School: Westview

Lot Info

  • Lot Size Sq Ft: 87991.2
  • Parcel #: 025.00
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 17
  • Number Of Separate Water Meters: 1
  • Income And Expenses Net Operating Income: 45769.0

Tax Info

  • Tax Annual Amount: 1251.0
  • Tax Map Number: 054H

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: Lakeway Area Association of REALTORS®

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

    531 Total Sales

    Amy Shrader
    Section Image

  • M

    Buyer's Agent in 2018

    MEMBER NON

    NON MEMBER OTHER

See All Agents

Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 577342

Lakeway Area Association of REALTORS®

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 $180,339. 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Lakeway Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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