NOT LISTED FOR SALE

518 Twin Oaks Dr Johnson City, TN 37601

Estimated Value: $328,913 - $379,000

-- Bed
4 Baths
-- Sq Ft
146 Acres

Last Sold July 25, 2019

Last sale price $189,900

Est. 87% increase in value since last sale

Current estimated payment $2,054/month

2 Days on Market

Highlights

  • Breakfast Room
  • Front Porch
  • Window Unit Cooling System
  • Liberty Bell Middle School Rated A
  • Double Pane Windows
  • Patio

About This Home

As of July 2019

Excellent Investment opportunity. This 4 unit townhouse style apartments are conveniently located near ETSU and Milligan College. Property is well maintained with long term renters. Units are 2 bedroom 1 bath with washer/dryer hookups, separate electric and water meters. Security light is $120 per year. Don't miss your opportunity!All information herein deemed reliable but not guaranteed.

Last Agent to Sell the Property

Steve Lohoff

Town & Country Realty - Downtown License #280060 Listed on: 07/16/2019

Last Buyer's Agent

ALEX COOLEY

Century 21 Legacy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,220

Year Built

  • Built in 1966 | Remodeled

Lot Details

  • Landscaped
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Breakfast Room
  • Laminate Countertops
  • Washer and Electric Dryer Hookup

Flooring

  • Carpet
  • Ceramic Tile

Outdoor Features

  • Patio
  • Front Porch

Schools

  • Mountain View Elementary School
  • Indian Trail Middle School
  • Science Hill High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 055H C 006.01

Community Details

Overview

  • FHA/VA Approved Complex

Building Details

  • Utility Expense $120
  • Operating Expense $3,800
  • Gross Income $22,380
  • Net Operating Income $15,724

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,220

Year Built

Built in 1966 | Remodeled

Lot Details

0

Listing Details

  • Directions: Hwy I-26 to Milligan/Eliz. exit turn Rt toward Milligan to RT on Twin Oaks to building on left.
  • Prop. Type: Residential Income
  • Year Built: 1966
  • IncomeAndExpensesAnnualUtilityExpenses: 120
  • Property Sub Type: Multi-Family
  • Reso Association Amenities: Landscaping
  • Co List Office Phone: 423-245-8212
  • Architectural Style: Townhouse
  • Unit Levels: Two
  • Location Tax Legal Info Parcel ID: 055H C 006.01
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Zoning2: R-2 R01
  • General Property Description Elementary School3: Mountain View
  • General Property Description Middle School2: Indian Trail
  • General Property Description High School3: Science Hill
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 46x170 IRR
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Roof Shingle: Yes
  • Financing FHA: Yes
  • General Property Description Stories2: 2
  • AC Ceiling Fan(s): Yes
  • TopographyLot Description Sloped: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Location Tax Legal Info Block: 0
  • Excluded From Sale A C Window Units: Yes
  • Foundation Slab: Yes
  • Flooring Ceramic Tile: Yes
  • Other Rooms Breakfast: Yes
  • Style Townhouse: Yes
  • General Property Description # Buildings: 1
  • Utilities Cable Connected2: Yes
  • Levels:Two: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Laminate Counters, Remodeled
  • Window Features: Double Pane Windows
  • InteriorFeatures:Remodeled: Yes
  • Interior Features:Laminate Counters: Yes

Exterior Features

  • Roof: Shingle
  • Lot Features: Sloped, Level
  • Construction Type: Brick, Frame
  • Foundation Details: Slab
  • Patio And Porch Features: Front Patio, Front Porch, Patio, Porch
  • Exterior Finish Brick4: Yes
  • Window Features:Double Pane Windows: Yes
  • PorchPatioDeck Front Patio: Yes
  • PorchPatioDeck Front Porch: Yes
  • PorchPatioDeck Porch: Yes
  • PorchPatioDeck Patio: Yes
  • Exterior Finish Frame: Yes

Garage/Parking

  • Parking Features: Asphalt, Parking Spaces
  • Attached Garage: No
  • Parking Features:Asphalt2: Yes
  • Parking Features:Parking Spaces: Yes

Utilities

  • Heating: Electric, Baseboard
  • Sewer: Public Sewer
  • Utilities: Cable Connected
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes

Association/Amenities

  • AmenitiesLandscaping: Yes

Schools

  • Elementary School: Mountain View
  • High School: Science Hill
  • Middle Or Junior School: Indian Trail

Lot Info

  • Zoning: R-2 R01
  • Lot Dimensions: 46x170 IRR
  • Parcel #: 055H C 006.01

Multi Family

  • Annual Gross Income: 22380.0
  • Vacancy Allowance Rate: 100.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2019
Closed on
Jul 25, 2019
Sold by
Myers J B
Bought by
Bakshi Brijmohan
Seller's Agent
Steve Lohoff
Town & Country Realty - Downtown
Buyer's Agent
ALEX COOLEY
Century 21 Legacy
List Price
$189,900
Sold Price
$189,900
Current Estimated Value
$354,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,071
Avg. Annual Appreciation
10.34%

Purchase Details

Closed on
Jan 1, 1980
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Bakshi Brijmohan $189,900 None Available
-- $60,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2019 07/25/19 Sold $189,900 0.0% --
07/19/2019 07/19/19 Pending -- -- --
07/16/2019 07/16/19 For Sale $189,900 -- --
Source: Tennessee/Virginia Regional 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 $2,220 $129,840 $12,600 $117,240
2022 $1,723 $80,160 $12,600 $67,560
2021 $3,110 $80,160 $12,600 $67,560
2020 $3,094 $80,160 $12,600 $67,560
2019 $1,592 $80,160 $12,600 $67,560
2018 $2,856 $66,880 $12,600 $54,280
2017 $2,856 $66,880 $12,600 $54,280
2016 $2,843 $66,880 $12,600 $54,280
2015 $2,408 $66,880 $12,600 $54,280
2014 $2,408 $66,880 $12,600 $54,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 424485

Tennessee/Virginia Regional MLS

APN: 055H-C-006.01