NOT LISTED FOR SALE

Estimated Value: $204,000 - $331,532

3 Beds
2 Baths
1,938 Sq Ft
$134/Sq Ft Est. Value

Last Sold September 06, 2019

Last sale price $96,500 $50 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $1,582/month

2 Days on Market

Highlights

  • Deck
  • Enclosed Patio or Porch
  • Zoned Heating System
  • Wood Flooring
  • Fenced Yard

About This Home

As of September 2019

Calling all Investors......A great opportunity to purchase a profitable Duplex in the heart of Fountain City! This is a stacked Duplex that offers Unit #1 Downstairs that is currently rented with a long term renter, contains approximately 1048 Square Feet, & rents currently for $700 a month. Unit #2 is Upstairs, contains approximately 890 Square Feet, is currently rented, & rents currently for $600 a month. Both Units are 2 Bedroom, 1 Full Bath and each has its own private patio/deck area! The Upstairs Unit also features some very recent renovations. The Duplex itself also features a covered Front Porch & a nice back yard area.

Last Agent to Sell the Property

David Gibson

Crye-Leike Realtors South, Inc. License #321954 Listed on: 08/17/2019

Crye-Leike Realtors South, Inc.

Last Buyer's Agent

Logan Wells

Connell Properties, Inc. License #331793

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $781

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 100 x 184
  • Fenced Yard
  • Chain Link Fence

Home Design

  • 1,938 Sq Ft Home
  • Vinyl Siding

Flooring

  • Wood
  • Carpet
  • Vinyl

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

  • Zoned Heating System
  • Heat Pump System

Community Details

  • 2 Units
  • Fountain City Co Pt 12 Subdivision

Listing and Financial Details

  • The owner pays for taxes, insurance
  • Assessor Parcel Number 048mj012
  • Tax Block 58

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$781

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Directions: 640 to Tazewell Pike North; Follow Tazewell to Jacksboro; Follow Jacksboro past Central High to Watauga; Turn Left on Watauga; Duplex on Right; SOP
  • Prop. Type: Multi-Family
  • Year Built: 1920
  • Lot Size: 100 X 184
  • Subdivision Name: Fountain City Co Pt 12
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator
  • Owner Pays: Taxes, Insurance
  • Flooring: Hardwood, Carpet, Vinyl
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Porch - Covered, Porch - Enclosed, Deck, Fenced - Yard, Fence - Chain
  • Construction Type: Vinyl Siding

Utilities

  • Heating: Heat Pump, Central
  • Heating Yn: Yes

Lot Info

  • Parcel #: 048mj012

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 780.53
  • Tax Block: 58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2023
Sold by
3T Capital Group Llc
Bought by
Helping Houses Of Knoxville Llc
Current Estimated Value
$260,633

Purchase Details

Closed on
Dec 20, 2021
Sold by
Jfs Homes Gp
Bought by
Iris Holdings Of Florida Llc

Purchase Details

Listed on
Aug 17, 2019
Closed on
Sep 6, 2019
Sold by
Johannes John and Johannes Teresa Jane
Bought by
Jfs Homes Gp
Seller's Agent
David Gibson
Crye-Leike Realtors South, Inc.
Buyer's Agent
Logan Wells
Connell Properties, Inc.
Sold Price
$96,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.70%
Original Mortgage
$104,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 7, 2011
Closed on
Jan 12, 2012
Sold by
Fannie Mae
Bought by
Johannes John
Seller's Agent
Dagan Greene
Webb Properties, LLC
Buyer's Agent
David Moore
Realty Executives Associates
Sold Price
$35,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.96%

Purchase Details

Closed on
Sep 20, 2011
Sold by
Lacey Tracey L and Trevino Tracey L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 21, 2005
Sold by
Zenith Properties Llc
Bought by
Trevino Tracey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,720
Interest Rate
5.71%
Mortgage Type
Stand Alone Second
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
Helping Houses Of Knoxville Llc $235,000 Concord Title
Iris Holdings Of Florida Llc $4,615,000 Concord Title
Jfs Homes Gp $96,500 Concord Title
Johannes John $35,500 None Available
Federal National Mortgage Association $98,954 None Available
Trevino Tracey L $83,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jfs Homes Gp $1,250,000
Previous Owner Jfs Homes Gp $104,000
Previous Owner Johannes John $77,834
Previous Owner Johannes John $72,000
Previous Owner Lacey Tracey L $102,600
Previous Owner Trevino Tracey L $16,720
Previous Owner Trevino Tracey L $66,880
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2019 09/06/19 Sold $96,500 +171.8% $50 / Sq Ft
01/12/2012 01/12/12 Sold $35,500 -- $25 / 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 $2,383 $64,240 $0 $0
2023 $2,383 $64,240 $0 $0
2022 $2,383 $64,240 $0 $0
2021 $1,453 $31,680 $0 $0
2020 $1,453 $31,680 $0 $0
2019 $1,453 $31,680 $0 $0
2018 $1,453 $31,680 $0 $0
2017 $1,453 $19,800 $0 $0
2016 $1,753 $0 $0 $0
2015 $1,753 $0 $0 $0
2014 $1,302 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1091452

East Tennessee REALTORS® MLS

APN: 048MJ-012