Seller's Agent in 2021
David Collins
Collins & Co. Realtors & Auctioneers
(423) 335-3078
297 Total Sales
435 Beasley St Elizabethton, TN 37643
Estimated Value: $407,000 - $426,764
--
Bed
5
Baths
5,239
Sq Ft
$80/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Porch
- Outdoor Grill
- Wood Flooring
- Cooling System Mounted In Outer Wall Opening
- 5-minute walk to Elizabethton Parks & Rec Department
About This Home
As of June 2021COMPLEX WILL BE OPEN FOR VIEWIING, APRIL 9TH, 3PM TO 6PM. SIX UNIT APARTMENT BUILDING! HEART OF DOWNTOWN ELIZABETHTON! Well maintained six unit apartment building, ideally located with downtown Elizabethton, the Carter County Health Department, Senior Citizens Center, Harold McCormick Elementary School, the Tweetsie Walking Trail and the famous Covered Bridge, all located within a two block radius of the property. Never a problem in finding select tenants for these ideally located apartment units. The complex consists of five two bedroom units plus a one bedroom unit. The original four unit building is all brick construction. The two apartments at the rear of the building were a newer addition to the complex and offer vinyl exterior siding. Brand new roof in 2021. The four brick units offer individual central heating and cooling systems. The two additional units are heated and cooled by individual wall units. Large paved parking lot plus a covered picnic area with covered barbecue pit for the tenant's use. Total rental income for the apartments is $33,360. Owner has left rental rates low in consideration of long term tenants. With only one apartment under lease, the new owner will be able to adjust the rents in line with current going rental rates. This is one of the best located apartment complexes in the City and offers an excellent rental history. PROEPRTY WILL BE SOLD BY AN ONLINE AUCTION. BIDDING STARTS APRIL 12TH AND ENDS ON APRIL 20TH @ 6PM.
BIDDING TERMS AND CONDITIONS APPLY. SEE BIDDING LINK FOR MORE INFORMATION. CALL AGENT FOR DETAILS. All info. taken from Tax Records. Buyer/Buyer's Agent to verify all.
Last Agent to Sell the Property
Collins & Co. Realtors & Auctioneers License #303152 Listed on: 03/24/2021
Co-Listed By
Russ Swanay
Collins & Co. Realtors & Auctioneers License #5587
Last Buyer's Agent
Collins & Co. Realtors & Auctioneers License #303152 Listed on: 03/24/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,634
Year Built
- Built in 1965
Lot Details
- Lot Dimensions are 79 x 203 x 90 x 207
- Level Lot
- Property is in good condition
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Block Foundation
- Slab Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 5,239 Sq Ft Home
- 2-Story Property
- Insulated Windows
- Crawl Space
- Electric Range
- Washer and Electric Dryer Hookup
Flooring
- Wood
- Vinyl
Outdoor Features
- Outdoor Grill
- Porch
Schools
- Harold Mccormick Elementary School
- T A Dugger Middle School
- Elizabethton High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Heat Pump System
Listing and Financial Details
- Auction
- Assessor Parcel Number 041f E 012.00 000
Community Details
Overview
- 6 Units
Building Details
- Utility Expense $4,590
- Gross Income $33,360
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 24, 2021
Closed on
Jun 10, 2021
Sold by
Cowan Roma H
Bought by
Joseph Pole Llc and Toots Lagoon Llc
Seller's Agent
David Collins
Collins & Co. Realtors & Auctioneers
Buyer's Agent
David Collins
Collins & Co. Realtors & Auctioneers
List Price
$301,350
Sold Price
$301,350
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,532
Avg. Annual Appreciation
7.69%
Original Mortgage
$230,675
Outstanding Balance
$140,729
Interest Rate
2.9%
Mortgage Type
Construction
Estimated Equity
$276,153
Purchase Details
Closed on
Oct 16, 2010
Sold by
Rooms To Rent Corp
Bought by
Cowan Roma H
Purchase Details
Closed on
Mar 21, 2001
Sold by
Kimery Michael
Bought by
Rooms To Rent
Purchase Details
Closed on
Jul 28, 1995
Bought by
Miller William E
Purchase Details
Closed on
Jul 16, 1982
Bought by
Miller Kathy L
Purchase Details
Closed on
Oct 5, 1963
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Joseph Pole Llc | $287,000 | Tennessee Title Services Llc | |
| Cowan Roma H | $268,000 | -- | |
| Rooms To Rent | $160,000 | -- | |
| Miller William E | $500 | -- | |
| Miller Kathy L | -- | -- | |
| -- | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Joseph Pole Llc | $230,675 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/11/2021 06/11/21 | Sold | $301,350 | 0.0% | $58 / Sq Ft |
| 04/22/2021 04/22/21 | Pending | -- | -- | -- |
| 03/24/2021 03/24/21 | For Sale | $301,350 | -- | $58 / Sq Ft |
Source: Tennessee/Virginia Regional MLS
Tax History Compared to Growth
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 | $3,634 | $110,120 | $11,360 | $98,760 |
| 2023 | $3,634 | $110,120 | $0 | $0 |
| 2022 | $3,964 | $110,120 | $11,360 | $98,760 |
| 2021 | $1,165 | $110,120 | $11,360 | $98,760 |
| 2020 | $2,561 | $57,400 | $11,360 | $46,040 |
| 2019 | $2,561 | $59,280 | $6,480 | $52,800 |
| 2018 | $2,525 | $59,280 | $6,480 | $52,800 |
| 2017 | $2,520 | $59,280 | $6,480 | $52,800 |
| 2016 | $2,508 | $59,160 | $6,480 | $52,680 |
| 2015 | $2,514 | $59,160 | $6,480 | $52,680 |
| 2014 | $2,313 | $54,160 | $6,480 | $47,680 |
Source: Public Records
Agents Affiliated with this Home
-
David Collins
-
R
Seller Co-Listing Agent in 2021
Russ Swanay
Collins & Co. Realtors & Auctioneers
Map
Source: Tennessee/Virginia Regional MLS
MLS Number: 9920047
APN: 041F-E-012.00
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