NOT LISTED FOR SALE

402 Harmon Rd New Tazewell, TN 37825

Estimated Value: $81,352

-- Bed
-- Bath
5,000 Sq Ft
$16/Sq Ft Est. Value

Last Sold August 27, 2024

Last sale price $75,000 $15 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $457/month

73 Days on Market

About This Home

As of August 2024

Endless possibilities! This was originally a commercial business, but has been converted into a triplex. This property needs a complete gut renovation, but it can be multi-use, and is conveniently located. With 5000 sq feet to work with, this could potentially be converted into 4-5 rental units. This property is structurally solid! All three tenants have just moved out, so this will be delivered vacant. Use your imagination and put in some sweat equity to make this a great, income producing property! Less than $60k per unit if keeping it a 3-plex!

AS-IS / WHERE IS. CASH ONLY
SELLER WILL MAKE NO REPAIRS

All reasonable offers will be considered!


owner/agent

Last Agent to Sell the Property

Kevin Dyke

Realty Executives Associates License #335290 Listed on: 05/22/2024

Realty Executives Associates

Last Buyer's Agent

Christina Mendoza

Turn Key Realty License #372536

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $359

Year Built

  • Built in 1967

Lot Details

  • 0.42

Home Design

  • Triplex
  • Metal Roof
  • Metal Siding
  • Steel Siding
  • Steel Beams

Interior Spaces

  • 5,000 Sq Ft Home
  • Furnished

Parking

  • Driveway
  • Off-Street Parking

Additional Features

  • Lot Dimensions are 110x196.57x83.2x191.29
  • No Heating

Community Details

  • 3 Units

Listing and Financial Details

  • Property Available on 5/22/24
  • The owner pays for advertising, taxes, insurance, lawn maintenance
  • Assessor Parcel Number 107 020.02

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$359

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Directions: GPS Friendly HWY 33 North across the clinch river bridge and into Claiborne county. Left on harmon road. Property is on the right, in front of Heritage Christian Academy. No Sign on property.
  • Prop. Type: Multi-Family
  • Year Built: 1967
  • Lot Size: 110X196.57X83.2X191.29
  • Heat:None13: Yes
  • Siding:Metal3: Yes
  • General Property Description:Driveway: Yes
  • Property Sub-Type:Triplex: Yes
  • Roof:Metal4: Yes
  • Property Sub-Type:Four Plex: Yes
  • Sale Includes:All Furnishings: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Owner Pays: Advertising, Taxes, Insurance, Lawn Maintenance
  • Flooring: Other
  • ResoLivingAreaSource: Owner
  • Other Rooms:Other27: Yes

Exterior Features

  • Construction Type: Metal Siding, Steel Siding
  • Construction:Steel: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off-Street Parking
  • GarageParking:Off-Street Parking: Yes

Utilities

  • Heating: None
  • Heating Yn: No

Lot Info

  • Parcel #: 107 020.02

Rental Info

  • Available Date: 2024-05-22

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2024
Sold by
Seabolt Benjamin Michael
Bought by
Knoxville Investments Llc
Current Estimated Value
$81,352

Purchase Details

Closed on
Jun 11, 2020
Sold by
Hurley William E and Seabolt Barry Alan
Bought by
Seabolt Benjamin

Purchase Details

Closed on
Aug 28, 2007
Sold by
Cosby Robert Glen and Cosby Debra
Bought by
Hurley William H
Source: Public Records

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
Knoxville Investments Llc $70,000 Superior Title
Seabolt Benjamin -- None Available
Hurley William H $60,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2024 08/27/24 Sold $75,000 -24.2% $15 / Sq Ft
08/04/2024 08/04/24 Pending -- -- --
08/02/2024 08/02/24 Price Changed $99,000 -13.9% $20 / Sq Ft
07/03/2024 07/03/24 Price Changed $115,000 -10.9% $23 / Sq Ft
06/17/2024 06/17/24 Price Changed $129,000 -4.4% $26 / Sq Ft
06/14/2024 06/14/24 Price Changed $135,000 -10.0% $27 / Sq Ft
05/23/2024 05/23/24 Price Changed $149,999 -14.3% $30 / Sq Ft
05/22/2024 05/22/24 For Sale $175,000 -- $35 / 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 $359 $15,350 $2,700 $12,650
2023 $359 $15,350 $2,700 $12,650
2022 $307 $15,350 $2,700 $12,650
2021 $490 $19,000 $3,440 $15,560
2020 $490 $19,000 $3,440 $15,560
2019 $490 $19,000 $3,440 $15,560
2018 $490 $19,000 $3,440 $15,560
2017 $490 $19,000 $3,440 $15,560
2016 $388 $15,040 $3,440 $11,600
2015 $373 $15,040 $3,440 $11,600
2014 $373 $15,063 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1263609

East Tennessee REALTORS® MLS

APN: 107-020.02