NOT LISTED FOR SALE

419 Echo Valley Rd Knoxville, TN 37923

Estimated Value: $484,000 - $592,651

4 Beds
4 Baths
1,988 Sq Ft
$274/Sq Ft Est. Value

Last Sold October 20, 2017

Last sale price $168,000 $85 Per Sq Ft

Est. 225% increase in value since last sale

Current estimated payment $3,157/month

Highlights

  • Zoned Heating System
  • A.L. Lotts Elementary School Rated A-
  • Carpet

About This Home

As of October 2017

West Knoxville Fully Rented Brick Duplex in Echo Valley Subdivision. Both units are 3 bedrooms and each apartment features stoves, refrigerators and washer/dryer connections. The residents enjoy the convenient location and the private back yard. Well located just off Gleason Road in a terrific area in west Knoxville. Residents pay all the utilities. Square footage is from tax records, is not guaranteed, and should be verified by buyer.

Last Agent to Sell the Property

Solange Velas

Goldman Partners Realty, LLC License #263596 Listed on: 09/07/2017

Last Buyer's Agent

Wayne Rutherford

Crye-Leike Realtors-Athens

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,277

Year Built

  • Built in 1977

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 142 x 111

Home Design

  • 1,988 Sq Ft Home
  • Brick Exterior Construction

Flooring

  • Carpet
  • Vinyl

Additional Features

  • Dishwasher
  • Zoned Heating System

Listing and Financial Details

  • The owner pays for supplies, taxes, insurance
  • Assessor Parcel Number 132ea006

Community Details

Overview

  • 2 Units
  • Echo Valley Unit 1 Subdivision

Building Details

  • Operating Expense $6,415
  • Net Operating Income $12,890

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,277

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Directions: From Gleason Road turn on Echo Valley Rd. Property is on the right.
  • Prop. Type: Multi-Family
  • Year Built: 1977
  • Lot Size Acres: 0.35
  • Lot Size: 142 x 111
  • Subdivision Name: Echo Valley Unit 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Owner Pays: Supplies, Taxes, Insurance
  • Flooring: Carpet, Vinyl

Exterior Features

  • Construction Type: Brick

Utilities

  • Heating: Central
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 15443.0
  • Parcel #: 132ea006
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 21600.0
  • Property Net Operating Income: 12890.0
  • Annual Operating Expense: 6415.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2017
Closed on
Oct 20, 2017
Sold by
Burleson Aubrey R
Bought by
Liao Zhangyong
Seller's Agent
Solange Velas
Goldman Partners Realty, LLC
Buyer's Agent
Solange Velas
Goldman Partners Realty, LLC
Sold Price
$168,000
Current Estimated Value
$545,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,663
Avg. Annual Appreciation
16.19%
Original Mortgage
$126,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 1999
Sold by
Cheatham Kenneth H and Cheatham Carrie B
Bought by
Burleson Aubrey R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.79%
Mortgage Type
Seller Take Back
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
Liao Zhangyong $168,000 Corssland Title Inc
Burleson Aubrey R $150,000 Abstract Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liao Zhangyong $182,000
Closed Liao Zhangyong $126,000
Previous Owner Burleson Aubrey $165,000
Previous Owner Burleson Aubrey R $115,000
Previous Owner Burleson Aubrey R $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2017 10/20/17 Sold $168,000 -- $85 / 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 $2,277 $146,520 $0 $0
2023 $2,277 $146,520 $0 $0
2022 $2,277 $146,520 $0 $0
2021 $1,334 $62,920 $0 $0
2020 $1,334 $62,920 $0 $0
2019 $1,334 $62,920 $0 $0
2018 $1,334 $62,920 $0 $0
2017 $1,334 $39,325 $0 $0
2016 $1,552 $0 $0 $0
2015 $1,552 $0 $0 $0
2014 $1,552 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Solange Velas

    Seller's Agent in 2017

    Solange Velas

    Goldman Partners Realty, LLC

    (865) 444-3240

    152 Total Sales

    Solange Velas
    Section Image

  • W

    Buyer's Agent in 2017

    Wayne Rutherford

    Crye-Leike Realtors-Athens

See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1015818

East Tennessee REALTORS® MLS

APN: 132EA-006

Tennessee Knox County Knoxville 37923

419 Echo Valley Rd, Knoxville, TN

This home is located at 419 Echo Valley Rd, Knoxville, TN 37923 since 07 September 2017 and is currently estimated at $545,663, approximately $274 per square foot. This property was built in 1977. 419 Echo Valley Rd is a home located in Knox County with nearby schools including A.L. Lotts Elementary School, West Valley Middle School, and Bearden 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.

East Tennessee REALTORS® MLS 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.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.

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