NOT LISTED FOR SALE

408 Carolina Ave Erwin, TN 37650

Estimated Value: $546,481 - $687,000

-- Bed
2 Baths
-- Sq Ft
0.43 Acres

Last Sold June 01, 2022

Last sale price $519,000

Est. 19% increase in value since last sale

Current estimated payment $3,470/month

283 Days on Market

Highlights

  • Cooling Available
  • Heating Available
  • 5-minute walk to Veterans Memorial Park
  • Level Lot

About This Home

As of June 2022

Great opportunity for an investor - 4 buildings on a corner lot with ample dedicated parking for all. 1 unit is a duplex (side by side units), another is a home split into 2 units (upper / lower), and the other two are stand alone units for a total of 6 possible renters. Homes are in above average condition and within walking distance to downtown and the YMCA. Units include 408 Carolina, 446 & 450 Opekiska & 454A & 454B Opekiska. Parcel ID's include:
031C J 011.00 000 & 031C J 011.00 001 & 031C J 011.00 002. Owner requires 24 hours notice to show.

All on separate meters
408A - heat pump 3 bed 1 bath (downstairs)
408B - heat pump 2 bed 1 full bath (upstairs)
446 - combo wall unit for heat/air 1 bed 1 full bath
450 - combo wall unit for heat/air 1 bed 1 full bath
454A - heat pump 2 bedroom 1.5 bath
454B - heat pump 2 bedroom 1.5 bath

All information deemed reliable. Buyer / Buyer's agent to verify all information.

Last Agent to Sell the Property

Shane O'Hare

REMAX Checkmate, Inc. Realtors License #353066 Listed on: 06/28/2021

REMAX Checkmate, Inc. Realtors

Last Buyer's Agent

Douglas Langley

Landmark Realty Co. License #271407

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,313

Year Built

  • Built in 1900

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 190 x 97 x 190 x 99
  • Level Lot
  • Cleared Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property

Schools

  • Love Chapel Elementary School
  • Unicoi Co Middle School
  • Unicoi Co High School

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • 4 Buildings
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 031c J 011.00 001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,313

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Directions: Head southwest on S Main Ave toward Union St 0.1 mi Turn left onto Love St 0.3 mi Turn right onto Carolina Ave 0.2 mi
  • Prop. Type: Residential Income
  • Year Built: 1900
  • Property Sub Type: Multi-Family
  • Unit Levels: Two, One
  • Location Tax Legal Info Parcel ID: 031c J 011.00 001
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.43
  • General Property Description Zoning2: R3
  • General Property Description Elementary School3: Love Chapel
  • General Property Description Middle School2: Unicoi Co
  • General Property Description High School3: Unicoi Co
  • Water Public: Yes
  • General Property Description Lot Dimensions: 190 x 97 x 190 x 99
  • TopographyLot Description Level2: Yes
  • General Property Description Stories2: 2
  • TopographyLot Description Cleared: Yes
  • General Property Description # Buildings: 4
  • General Property Description Total Units: 6
  • General Property Description Home Warranty2: No
  • Levels:Two: Yes
  • Levels One: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Level, Cleared
  • Acres: 0.43
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Exterior Finish Vinyl Siding: Yes

Utilities

  • Heating: Other
  • Cooling: Other
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Other12: Yes

Schools

  • Elementary School: Love Chapel
  • High School: Unicoi Co
  • Middle Or Junior School: Unicoi Co

Lot Info

  • Zoning: R3
  • Lot Dimensions: 190 x 97 x 190 x 99
  • Lot Size Sq Ft: 18730.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 031c J 011.00 001
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2025
Sold by
408 Carolina Llc
Bought by
408 Carolina Llc and Ob Tenn Llc
Current Estimated Value
$616,741

Purchase Details

Closed on
Jun 28, 2024
Sold by
Obrien James J and Irrevo Susan
Bought by
408 Carolina Llc

Purchase Details

Closed on
Dec 1, 2023
Sold by
Ob Tenn Llc
Bought by
James J Obrien And Susan V Obrien Irrevocable and O7brien
Source: Public Records

Range of Values:

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Average Value
Not Available
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
408 Carolina Llc -- None Listed On Document
408 Carolina Llc -- None Listed On Document
408 Carolina Llc -- Stewart Title
James J Obrien And Susan V Obrien Irrevocable -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ob Tenn Llc $405,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2022 06/07/22 Off Market $519,000 -- --
06/01/2022 06/01/22 Sold $519,000 0.0% --
06/28/2021 06/28/21 For Sale $519,000 -- --
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 $1,313 $50,280 $5,360 $44,920
2023 $1,313 $50,280 $0 $0
2022 $1,962 $50,280 $5,360 $44,920
2021 $1,601 $33,960 $4,440 $29,520
2020 $1,543 $33,960 $4,440 $29,520
2019 $1,543 $33,960 $4,440 $29,520
2018 $1,408 $33,960 $4,440 $29,520
2017 $1,402 $33,960 $4,440 $29,520
2016 $1,574 $38,440 $4,440 $34,000
Source: Public Records

Agents Affiliated with this Home

  • Shane O'Hare

    Seller's Agent in 2022

    Shane O'Hare

    RE/MAX

    (423) 833-7371

    75 in this area

    214 Total Sales

    Shane O'Hare
    Section Image

  • D

    Buyer's Agent in 2022

    Douglas Langley

    Landmark Realty Co.

  • Richard Banks

    Buyer's Agent in 2022

    Richard Banks

    North East Tennessee Real Estate, LLC

    (423) 282-1050

    3 in this area

    80 Total Sales

    Richard Banks
    Section Image

  • T

    Buyer's Agent in 2022

    TROY BOWMAN

    CENTURY 21 TIME REALTY, INC.

See All Agents

Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9924750

Tennessee/Virginia Regional MLS

APN: 031C-J-01100-001

Tennessee Unicoi County Erwin 37650

408 Carolina Ave, Erwin, TN

This home is located at 408 Carolina Ave, Erwin, TN 37650 since 28 June 2021 and is currently estimated at $616,741. This property was built in 1900. 408 Carolina Ave is a home located in Unicoi County with nearby schools including Unicoi Community Learning Center, Love Chapel Elementary School, and Unicoi County Middle 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.

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Listing information is deemed reliable, but not guaranteed.

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