NOT LISTED FOR SALE

Estimated Value: $317,609 - $360,000

4 Beds
2 Baths
1,716 Sq Ft
$197/Sq Ft Est. Value

Last Sold November 29, 2021

Last sale price $250,000 $146 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,061/month

Highlights

  • Patio
  • Central Heating
  • 1-minute walk to Highland Neighborhood Park
  • Tile Flooring

About This Home

As of November 2021

Extremely well maintained duplex in highly desirable Fountain City. Both units are 2 Bed/1 Bath. Total gross income per month is $2200. Tenants pay electric and are responsible for mowing. Landlord pays the water (1 meter).

Last Agent to Sell the Property

Julie Thacker

Brick & Mortar Properties, LLC License #311083 Listed on: 11/15/2021

Last Buyer's Agent

Lacy Anderson

Keller Williams West Knoxville

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $752

Year Built

  • Built in 1967

Lot Details

  • 9,017

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,716 Sq Ft Home
  • Vinyl Clad Windows

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Laundry

  • Dryer
  • Washer

Additional Features

  • Patio
  • Lot Dimensions are 105 x 86.6
  • Central Heating

Community Details

  • 2 Units
  • Fountain City Co 1St Pt 9 Subdivision

Listing and Financial Details

  • The owner pays for taxes, insurance
  • Assessor Parcel Number 058NB041

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$752

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Directions: From N. Broadway in Fountain city, turn Left onto Woodrow to Right on Horton. Property on Right.
  • Prop. Type: Multi-Family
  • Year Built: 1967
  • Lot Size: 105 X 86.6
  • Subdivision Name: Fountain City Co 1St Pt 9
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Washer, Refrigerator, Microwave
  • Owner Pays: Taxes, Insurance
  • Flooring: Laminate, Tile

Exterior Features

  • Exterior Features: Windows - Vinyl, Patio
  • Construction Type: Brick

Utilities

  • Heating: Central
  • Heating Yn: Yes

Lot Info

  • Parcel #: 058NB041

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 26400.0

Tax Info

  • Tax Annual Amount: 751.95

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2021
Closed on
Nov 29, 2021
Sold by
Lp Holdings Llc
Bought by
Moore Thomas
Seller's Agent
Julie Thacker
Brick & Mortar Properties, LLC
Buyer's Agent
Lacy Anderson
Keller Williams West Knoxville
Sold Price
$250,000
Current Estimated Value
$338,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,902
Avg. Annual Appreciation
7.21%

Purchase Details

Listed on
Jul 27, 2018
Closed on
Aug 13, 2018
Sold by
Diedrich Nanette and Diedrich Michael
Bought by
Lp Holdings Llc
Seller's Agent
Russell Orlowski
Realty Executives Associates
Buyer's Agent
Julie Thacker
Tennessee Valley Realty Assoc
Sold Price
$155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.59%
Original Mortgage
$131,750
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 27, 2017
Closed on
Dec 12, 2017
Sold by
Bolus Jane and Estate Of Kathleen A Dougherty
Bought by
Diederich Michael and Diederich Nanette
Seller's Agent
Renee Honeycutt
Imagine Real Estate
Buyer's Agent
Kenna Stephens
Realty Executives Associates
Sold Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.13%

Purchase Details

Closed on
Apr 25, 2006
Sold by
Olmstead Christopher and Olmstead Meredith
Bought by
Dougherty Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,600
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 2005
Sold by
Gencay Feridun F
Bought by
Olmstead Christopher and Olmstead Meredith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
5.77%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 12, 1997
Sold by
Gencay Feridum F and Gencay Lou E
Bought by
Gencay Feridun F and The Feridun F Gencay Trust
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
Moore Thomas $250,000 Admiral Title
Lp Holdings Llc $155,000 Paramount Land Title Of Knox
Diederich Michael $115,000 Southeast Title & Escrow Llc
Dougherty Kathleen A $92,000 None Available
Olmstead Christopher $69,500 --
Gencay Feridun F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lp Holdings Llc $131,750
Previous Owner Dougherty Kathleen A $100,000
Previous Owner Dougherty Kathleen A $73,600
Previous Owner Olmstead Christopher $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2021 11/29/21 Sold $250,000 +61.3% $146 / Sq Ft
08/13/2018 08/13/18 Sold $155,000 +34.8% $90 / Sq Ft
12/12/2017 12/12/17 Sold $115,000 -- $67 / 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 $3,063 $82,560 $0 $0
2023 $3,063 $82,560 $0 $0
2022 $3,063 $82,560 $0 $0
2021 $1,399 $30,520 $0 $0
2020 $1,399 $30,520 $0 $0
2019 $1,399 $30,520 $0 $0
2018 $1,399 $30,520 $0 $0
2017 $1,399 $19,075 $0 $0
2016 $1,520 $0 $0 $0
2015 $1,520 $0 $0 $0
2014 $1,520 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1173671

East Tennessee REALTORS® MLS

APN: 058NB-041