NOT LISTED FOR SALE

518 Mcginley St Maryville, TN 37804

Estimated Value: $165,592 - $208,000

-- Bed
2 Baths
1,102 Sq Ft
$165/Sq Ft Est. Value

Last Sold April 28, 2022

Last sale price $145,000 $132 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,142/month

2 Days on Market

Highlights

  • Zoned Heating System
  • John Sevier Elementary School Rated A
  • Vinyl Flooring

About This Home

As of April 2022

Great investment opportunity with low expenses in Maryville City limits. This duplex is currently 100% occupied to long term tenants, leases in place until 7/31/23 at $500 per unit per month with gross income at $12,000 per year. Yearly taxes are $1,636.25. Tenants pay own utilities, Landlord maintains lawn. Several updates have been done to this property including new windows and exterior paint, new insulation underneath property in crawl space, and several interior finishes.
Do not disturb tenants, call today for more information and to schedule your personal, private tour.

Last Agent to Sell the Property

Robert Smith

Brick & Mortar Properties, LLC License #326206 Listed on: 04/18/2022

Last Buyer's Agent

Robert Smith

ReMax First

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $784

Year Built

  • Built in 1935

Lot Details

  • 5,663

Interior Spaces

  • 1,102 Sq Ft Home
  • Vinyl Flooring
  • Fire and Smoke Detector

Schools

  • John Sevier Elementary School
  • Coulter Grove Middle School
  • Maryville High School

Additional Features

  • Lot Dimensions are 70x83
  • Zoned Heating System

Community Details

  • 2 Units
  • H C Fonde Subdivision

Listing and Financial Details

  • The owner pays for taxes, insurance, lawn maintenance
  • Assessor Parcel Number 047H E 049.01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$784

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Directions: from S Hall Rd to E Lincoln. Turn Right onto McGinley, property on Left. From E Broadway take E Harper at round about and turn Right onto McGinley, property on Right.
  • Prop. Type: Multi-Family
  • Year Built: 1935
  • Lot Size: 70X83
  • Subdivision Name: H C Fonde
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Smoke Detector, Refrigerator
  • Owner Pays: Taxes, Insurance, Lawn Maintenance
  • Flooring: Vinyl

Utilities

  • Heating: Central
  • Heating Yn: Yes

Schools

  • Elementary School: John Sevier
  • High School: Maryville
  • Middle Or Junior School: Coulter Grove

Lot Info

  • Parcel #: 047H E 049.01

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 12000.0

Tax Info

  • Tax Annual Amount: 783.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2019
Closed on
May 15, 2020
Sold by
Fritsch Macon
Bought by
Klepatz Steve and Klepatz Elise
Seller's Agent
Tracy King
Your Home Sold Guaranteed Real
Buyer's Agent
NON-MLS NON-MEMBER
NON MEMBER FIRM
List Price
$119,999
Sold Price
$80,000
Premium/Discount to List
-$39,999
-33.33%
Current Estimated Value
$180,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,103
Avg. Annual Appreciation
17.46%

Purchase Details

Closed on
Apr 1, 2011
Sold by
Fritsch Bryan D
Bought by
Fritsch Macon
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
Klepatz Steve $80,000 --
Fritsch Macon -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2022 04/28/22 Sold $145,000 +7.4% $132 / Sq Ft
04/18/2022 04/18/22 For Sale $135,000 +68.8% $123 / Sq Ft
08/17/2020 08/17/20 Off Market $80,000 -- --
05/18/2020 05/18/20 Sold $80,000 -11.1% $73 / Sq Ft
04/28/2020 04/28/20 Price Changed $90,000 -21.0% $82 / Sq Ft
04/16/2020 04/16/20 Price Changed $113,989 0.0% $103 / Sq Ft
04/10/2020 04/10/20 Price Changed $113,990 +3.7% $103 / Sq Ft
04/09/2020 04/09/20 Price Changed $109,898 -3.6% $100 / Sq Ft
04/02/2020 04/02/20 Price Changed $113,998 0.0% $103 / Sq Ft
03/27/2020 03/27/20 Price Changed $113,999 -5.0% $103 / Sq Ft
03/19/2020 03/19/20 For Sale $119,999 +50.0% $109 / Sq Ft
01/08/2020 01/08/20 Off Market $80,000 -- --
12/12/2019 12/12/19 For Sale $119,999 -- $109 / 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 $1,936 $62,640 $11,200 $51,440
2023 $996 $62,640 $11,200 $51,440
2022 $853 $34,520 $5,000 $29,520
2021 $1,637 $34,520 $5,000 $29,520
2020 $1,637 $34,520 $5,000 $29,520
2019 $1,637 $34,520 $5,000 $29,520
2018 $1,462 $30,840 $4,680 $26,160
2017 $1,462 $30,840 $4,680 $26,160
2016 $1,431 $30,840 $4,680 $26,160
2015 $1,332 $30,840 $4,680 $26,160
2014 $1,513 $30,840 $4,680 $26,160
2013 $1,513 $35,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1187922

East Tennessee REALTORS® MLS

APN: 047H-E-049.01