NOT LISTED FOR SALE

Estimated Value: $333,000 - $464,000

3 Beds
3 Baths
2,190 Sq Ft
$172/Sq Ft Est. Value

Last Sold March 18, 2021

Last sale price $215,000 $98 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,256/month

32 Days on Market

Highlights

  • Wood Flooring
  • Home Security System
  • Zoned Heating and Cooling System
  • Den

About This Home

As of March 2021

This home is located at 5504 5th St Unit 1, Knoxville, TN 37918 since 07 January 2021 and is currently estimated at $376,014, approximately $171 per square foot. This property was built in 1960. 5504 5th St Unit 1 is a home located in Knox County with nearby schools including Fountain City Elementary School, Gresham Middle School, and Central High School.

Last Agent to Sell the Property

Bryce Lipsey

Lipsey's Real Estate License #332294 Listed on: 01/07/2021

Last Buyer's Agent

Richard Gamble

Trotta Montgomery Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $882

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 100x100

Home Design

  • Triplex
  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,190 Sq Ft Home
  • Den
  • Microwave

Flooring

  • Wood
  • Laminate
  • Tile

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Driveway
  • On-Street Parking
  • On-Site Parking
  • Off-Street Parking

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Internet Available

Community Details

  • 3 Units
  • Edwin C Metcalf Subdivision

Listing and Financial Details

  • The owner pays for lawn maintenance
  • Assessor Parcel Number 048MH015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$882

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Directions: From I-275N Take exit 3 to merge onto I-640 E toward Asheville 2.3 mi Take exit 6 for Old Broadway/US-441 toward Broadway 0.2 mi Take Tazewell Pike and Jacksboro Pike to 5th St 5 min (2.0 mi) Use the left 2 lanes to turn left onto Old Broadway NE 0.2 mi Continue straight onto Tazewell Pike 259 ft Continue straight onto Jacksboro Pike 1.2 mi Turn right onto 5th St Destination will be on the right 180 ft
  • Prop. Type: Multi-Family
  • Year Built: 1960
  • Lot Size: 100X100
  • Subdivision Name: Edwin C Metcalf
  • Cooling:Central Cooling: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Appliances Microwave: Yes
  • Floors:Laminate: Yes
  • Floors:Tile2: Yes
  • Heat:Heat Pump3: Yes
  • General Property Description:Driveway: Paved
  • Property Sub-Type:Triplex: Yes
  • Roof:Shingle: Yes
  • Misc Features:Internet Available2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Smoke Detector, Security Alarm, Microwave
  • Owner Pays: Lawn Maintenance
  • Flooring: Laminate, Hardwood, Tile
  • ResoLivingAreaSource: Owner
  • Appliances Range: Yes
  • Appliances:Security Alarm: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:DenStudy: Yes
  • Other Rooms:Other27: Yes

Exterior Features

  • Construction Type: Frame, Brick
  • Construction:Frame: Yes
  • Construction:Frame - Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Premise Parking, On-Street Parking, Off-Street Parking
  • GarageParking:Off-Street Parking: Yes
  • GarageParking:On-Street Parking: Yes
  • GarageParking:On Premise Parking: Yes

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Heat Pump, Electric
  • Heating Yn: Yes

Lot Info

  • Parcel #: 048MH015

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 19200.0

Tax Info

  • Tax Annual Amount: 882.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2021
Closed on
Mar 18, 2021
Sold by
Bachrach Adam Bart and Bachrach Florence Joyce
Bought by
Gamble Investment & Development Llc
Seller's Agent
Bryce Lipsey
Lipsey's Real Estate
Buyer's Agent
Richard Gamble
Trotta Montgomery Real Estate, LLC
Sold Price
$215,000
Current Estimated Value
$359,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,813
Avg. Annual Appreciation
13.51%
Original Mortgage
$192,000
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 30, 2019
Sold by
Ak Investments Llc
Bought by
Bachrach Adam Bart and Bachrach Florence Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,925
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2010
Sold by
Suntrust Mortgage Inc
Bought by
Knox Housing Llc

Purchase Details

Closed on
May 13, 2010
Sold by
Bowman James R and Bowman Karen E
Bought by
Suntrust Mortgage Inc

Purchase Details

Closed on
Aug 14, 1998
Sold by
Bowman James B and Bowman Mary E
Bought by
Bowman James R and Bowman Karen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage
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
Gamble Investment & Development Llc $215,000 Paramount Land Ttl Of Knoxvi
Bachrach Adam Bart $179,900 Concord Title
Knox Housing Llc $65,000 Smart Title & Settlement Ser
Suntrust Mortgage Inc $82,025 None Available
Bowman James R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gamble Investment & Development Llc $225,000
Closed Gamble Investment & Development Llc $192,000
Previous Owner Bachrach Adam Bart $134,925
Previous Owner Knox Housing Llc $242,000
Previous Owner Bowman James R $98,000
Previous Owner Bowman James R $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2021 03/18/21 Sold $215,000 0.0% $98 / Sq Ft
06/22/2020 06/22/20 Rented $600 +33.3% --
03/21/2017 03/21/17 Rented $450 -5.3% --
03/04/2016 03/04/16 Rented $475 -- --
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 $3,435 $92,600 $0 $0
2023 $2,147 $57,875 $0 $0
2022 $2,147 $57,875 $0 $0
2021 $1,641 $35,800 $0 $0
2020 $1,641 $35,800 $0 $0
2019 $1,641 $35,800 $0 $0
2018 $1,641 $35,800 $0 $0
2017 $1,641 $22,375 $0 $0
2016 $1,825 $0 $0 $0
2015 $1,825 $0 $0 $0
2014 $1,825 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1139459

East Tennessee REALTORS® MLS

APN: 048MH-015