Seller's Agent in 2024
Christy Blanco Elder
Keller Williams
(865) 297-2911
1 in this area
202 Total Sales
5508 5th St Unit 1 Knoxville, TN 37918
Historic Gibbs Drive NeighborhoodEstimated Value: $292,302 - $352,000
2
Beds
2
Baths
1,680
Sq Ft
$194/Sq Ft
Est. Value
Highlights
- 2 Car Attached Garage
- Central Heating
- Ceiling Fan
- Cooling Available
About This Home
As of March 2024***We are in multiple offer situation. BEST AND HIGHEST BY 9PM ON MONDAY. Will be responding by noon on TUESDAY***Check out this investment property in Knoxville. Each unit is 2 bedroom/1 bath. Building has basement with storage space and shared garage space. 2 single car garage doors. Separate washer dryer hookups, hvac system 1 and 7 yrs old. New windows. Refrigerator and stove in each unit approx. 2 yrs old. Great location in North Knoxville.
Last Agent to Sell the Property
Keller Williams Brokerage Phone: 8652972911 License #308290 Listed on: 01/03/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,867
Year Built
- Built in 1955
Lot Details
- Lot Dimensions are 100 x 100
Parking
- 2 Car Attached Garage
Home Design
- Duplex
- Frame Construction
Interior Spaces
- 1,680 Sq Ft Home
- Property has 3 Levels
- Ceiling Fan
- Laminate Flooring
- Fire and Smoke Detector
Utilities
- Cooling Available
- Central Heating
Community Details
- 2 Units
Listing and Financial Details
- Tax Lot 8
- Assessor Parcel Number 048MH016
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 3, 2024
Closed on
Mar 4, 2024
Sold by
Reyes Miguel and Reyes Vivian
Bought by
Lewis Larry Albert and Lewis Virginia Marlene
Seller's Agent
Christy Blanco Elder
Keller Williams
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%
Views
32
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,155
Avg. Annual Appreciation
-2.01%
Original Mortgage
$262,500
Outstanding Balance
$259,426
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$80,504
Purchase Details
Closed on
Nov 30, 2005
Sold by
Shanks David A
Bought by
Reyes Miguel and Reyes Vivian
Purchase Details
Closed on
Jun 9, 2005
Sold by
Patterson Stacy J and Patterson Robin M
Bought by
Shanks David A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,475
Interest Rate
5.69%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Dec 19, 2002
Sold by
Hamilton Ralph and Hamilton Edna B
Bought by
Madron Joe K and Woodford Kenneth R
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lewis Larry Albert | $350,000 | Southeast Title & Escrow | |
| Reyes Miguel | $100,000 | -- | |
| Shanks David A | $93,500 | -- | |
| Madron Joe K | $70,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lewis Larry Albert | $262,500 | |
| Previous Owner | Reyes Miguel | $100,000 | |
| Previous Owner | Shanks David A | $79,475 | |
| Previous Owner | Patterson Stacy J | $72,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/04/2024 03/04/24 | Sold | $350,000 | -6.7% | $208 / Sq Ft |
| 02/06/2024 02/06/24 | Pending | -- | -- | -- |
| 01/03/2024 01/03/24 | For Sale | $375,000 | -- | $223 / Sq Ft |
Source: Realtracs
Tax History Compared to Growth
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 | $2,867 | $77,280 | $0 | $0 |
| 2023 | $2,867 | $77,280 | $0 | $0 |
| 2022 | $2,867 | $77,280 | $0 | $0 |
| 2021 | $1,784 | $38,920 | $0 | $0 |
| 2020 | $1,784 | $38,920 | $0 | $0 |
| 2019 | $1,784 | $38,920 | $0 | $0 |
| 2018 | $1,784 | $38,920 | $0 | $0 |
| 2017 | $1,784 | $24,325 | $0 | $0 |
| 2016 | $2,097 | $0 | $0 | $0 |
| 2015 | $2,097 | $0 | $0 | $0 |
| 2014 | $2,097 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Realtracs
MLS Number: 2892646
APN: 048MH-016
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