NOT LISTED FOR SALE

5525 Jones Bridge Rd Unit 2 Greeneville, TN 37743

Estimated Value: $732,000 - $911,418

-- Bed
12 Baths
-- Sq Ft
2.13 Acres

Last Sold March 29, 2018

Last sale price $450,000

Est. 85% increase in value since last sale

Current estimated payment $4,846/month

Highlights

  • Mountain View
  • Covered Patio or Porch
  • Double Pane Windows
  • Wood Flooring
  • Eat-In Kitchen
  • Walk-In Closet

About This Home

As of March 2018

Sold before print. 2 4 plex units, each 2BR, 1.5 bath, living room and kitchens, with washer/dryer hookups in each. Excellent condition, rents for $2400 each building.

Last Agent to Sell the Property

Brad Johnston

Hometown Realty of Greeneville License #263062 Listed on: 03/28/2018

Last Buyer's Agent

Hayden Johnston

Hometown Realty of Greeneville License #337271

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,361

Year Built

  • Built in 2002

Lot Details

  • 2.13 Acre Lot
  • Landscaped
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Quadruplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Walk-In Closet
  • 2-Story Property
  • Double Pane Windows
  • Mountain Views
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Outdoor Features

  • Covered Patio or Porch

Schools

  • Camp Creek Elementary School
  • South Greene High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank

Community Details

  • 2 Buildings

Listing and Financial Details

  • Assessor Parcel Number 119.01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,361

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Directions: McKee Street Greeneville to Jones Bridge, follow across river bridge and units are on your left.
  • Prop. Type: Residential Income
  • Year Built: 2002
  • Property Sub Type: Quadruplex
  • Reso Association Amenities: Landscaping
  • Unit Levels: Two
  • Location Tax Legal Info Parcel ID: 119.01
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 2.13
  • General Property Description Zoning2: R2
  • General Property Description Elementary School3: Camp Creek
  • General Property Description Middle School2: Out Of Area
  • General Property Description High School3: South Greene
  • Water Public: Yes
  • General Property Description Lot Dimensions: 2.13
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • Roof Shingle: Yes
  • AC Heat Pump3: Yes
  • General Property Description Stories2: 2
  • View Mountain(s): Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Flooring Vinyl: Yes
  • General Property Description # Buildings: 2
  • Levels:Two: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Flooring: Vinyl, Carpet, Hardwood
  • Interior Amenities: Eat-in Kitchen, Laminate Counters, Walk-In Closet(s)
  • Window Features: Double Pane Windows
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Laminate Counters: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Roof: Shingle
  • Lot Features: Level
  • View: Mountain(s)
  • Exterior Features: Sidewalk
  • Acres: 2.13
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Covered, Front Patio, Front Porch, Porch
  • Exterior Finish Vinyl Siding: Yes
  • Window Features:Double Pane Windows: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Front Patio: Yes
  • PorchPatioDeck Front Porch: Yes
  • PorchPatioDeck Porch: Yes

Garage/Parking

  • Parking Features: Gravel, Parking Spaces
  • Attached Garage: No
  • Parking Features:Gravel: Yes
  • Parking Features:Parking Spaces: Yes

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Tank
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Association/Amenities

  • AmenitiesLandscaping: Yes

Schools

  • Elementary School: Camp Creek
  • High School: South Greene
  • Middle Or Junior School: Out Of Area

Lot Info

  • Zoning: R2
  • Lot Dimensions: 2.13
  • Lot Size Sq Ft: 92782.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 119.01
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2021
Sold by
Collins Enterprise Llc
Bought by
Spectrum Parks General Partnership
Current Estimated Value
$832,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Outstanding Balance
$192,007
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$640,132

Purchase Details

Listed on
Mar 28, 2018
Closed on
Mar 29, 2018
Sold by
Burbank Properties
Bought by
Collins Enterprises Llc
Seller's Agent
Brad Johnston
Hometown Realty of Greeneville
Buyer's Agent
Hayden Johnston
Hometown Realty of Greeneville
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.48%
Original Mortgage
$200,000
Interest Rate
4.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 2008
Sold by
Burbank Randy
Bought by
Burbank Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.68%
Source: Public Records

Range of Values:

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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
Spectrum Parks General Partnership $590,000 Best Tennessee T&E Svcs Inc
Collins Enterprises Llc $450,000 Greene County Title Co
Burbank Properties -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spectrum Parks General Partnership $310,000
Previous Owner Collins Enterprises Llc $200,000
Previous Owner Burbank Properties $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2018 03/29/18 Sold $450,000 0.0% --
03/29/2018 03/29/18 Pending -- -- --
03/28/2018 03/28/18 For Sale $450,000 -- --
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 $5,361 $324,920 $21,200 $303,720
2023 $5,361 $324,920 $0 $0
2022 $4,010 $199,040 $12,840 $186,200
2021 $4,010 $199,040 $12,840 $186,200
2020 $4,010 $199,040 $12,840 $186,200
2019 $4,010 $199,040 $12,840 $186,200
2018 $4,010 $199,040 $12,840 $186,200
2017 $4,090 $207,280 $13,160 $194,120
2016 $3,883 $207,280 $13,160 $194,120
2015 $3,883 $207,280 $13,160 $194,120
2014 $3,883 $207,280 $13,160 $194,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 404597

Tennessee/Virginia Regional MLS

APN: 123-119.01