NOT LISTED FOR SALE

Estimated Value: $349,000 - $405,149

4 Beds
6 Baths
2,080 Sq Ft
$180/Sq Ft Est. Value

Last Sold November 27, 2017

Last sale price $132,000 $63 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $2,166/month

120 Days on Market

Highlights

  • 2 Car Attached Garage
  • Central Heating
  • Carpet
  • Cooling Available
  • Ceiling Fan

About This Home

As of November 2017

Great opportunity on this Knoxville duplex which features 2,080 sq ft of living space plus 2 garages in basement. Each unit has 2 bedrooms, 1.5 baths, in-unit laundry room (8X5), living room (16X13) w/updated vinyl windows, eat-in kitchen (14X12) w/oak cabinets, dishwasher, oven/range, & refrigerator, large master bedroom (16X11) w/walk-in closet (6X3), 2nd bedroom (14X11) w/dual closets, & garage (25X19) w/door opener & additional storage. Covered front patio, vinyl siding, circuit breakers, & additional parking in back & on street. Live in 1 of 2 units & property taxes will be lower. Great location close to park, 4 minute drive to elementary & 7 minute drive to middle schools, close to convenient businesses. 12 hours notice to show.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,277

Year Built

  • Built in 1990

Lot Details

  • Lot Dimensions are 322 x 80 x 282 x 75

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,080 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Vinyl

Schools

  • Adrian Burnett Elementary School
  • Halls Middle School
  • Gibbs High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 039AF030

Community Details

Overview

  • 2 Units
  • Mill Run S/D Unit 3 Subdivision

Building Details

  • Operating Expense $2,635
  • Gross Income $15,600
  • Net Operating Income $12,965

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,277

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1990
  • Unit Levels: Three Or More
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Building Area Units: Square Feet
  • Living Area: 2080
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Vinyl Siding, Other, Brick
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Smoke Detector(s)

Lot Info

  • Lot Size: 322 X 80 X 282 X 75
  • Lot Size Units: Acres
  • Parcel #: 039AF030
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Other
  • Tenant Pays: Other, Electricity

Multi Family

  • Gross Income: 15600
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 12965
  • Number Of Units Total: 2
  • Annual Operating Expense: 2635

Tax Info

  • Tax Annual Amount: 1277

MLS Schools

  • Elementary School: Adrian Burnett Elementary
  • High School: Gibbs High School
  • Middle Or Junior School: Halls Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2006
Sold by
Morse Jimmy R and Morse Chris B
Bought by
Sabo Carol A
Current Estimated Value
$373,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,240
Outstanding Balance
$70,564
Interest Rate
6.87%
Mortgage Type
Fannie Mae Freddie Mac
Estimated Equity
$292,366

Purchase Details

Closed on
Jul 30, 2004
Sold by
Davis Randy L and Davis Consuelo B
Bought by
Morse Jimmy R and Morse Chris B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2002
Sold by
Duncan Gary D
Bought by
Davis Randy L and Davis Consuelo B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,750
Interest Rate
6.19%

Purchase Details

Closed on
May 23, 1996
Sold by
Johnson Thomas Burch
Bought by
Duncan Gary D

Purchase Details

Closed on
Feb 23, 1994
Sold by
Grooms J Kenton
Bought by
Johnson Deborah M
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
Sabo Carol A $145,300 Allied Title Company
Morse Jimmy R $240,000 Landmark Title East Tn Inc
Davis Randy L $116,400 Landmark Title Of East Tn In
Duncan Gary D $105,000 --
Johnson Deborah M $9,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sabo Carol A $116,240
Closed Sabo Carol A $21,795
Previous Owner Morse Jimmy R $192,000
Previous Owner Davis Randy L $104,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2017 11/27/17 Sold $132,000 -11.9% $63 / Sq Ft
11/12/2017 11/12/17 Pending -- -- --
07/15/2017 07/15/17 For Sale $149,900 -- $72 / Sq Ft
Source: Realtracs

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 $1,561 $100,440 $0 $0
2023 $1,561 $100,440 $0 $0
2022 $1,561 $100,440 $0 $0
2021 $1,499 $70,720 $0 $0
2020 $1,499 $70,720 $0 $0
2019 $1,499 $70,720 $0 $0
2018 $1,499 $70,720 $0 $0
2017 $1,499 $44,200 $0 $0
2016 $1,277 $0 $0 $0
2015 $1,277 $0 $0 $0
2014 $1,277 $0 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2857875

Realtracs

APN: 039AF-030