$409,000
SOLD JUN 29, 2022
-- Bed
-- Bath
3,132 Sq Ft
0.26 Acres

Recently Sold

$131 Per Sq Ft

9% Below List Price

37 Days on Market

Highlights

  • Balcony
  • Zoned Heating and Cooling System
  • Carpet
  • Walk-In Closet

About This Home

As of June 2022

Back on market due to non-receipt of earnest funds.

Income producing property!
4 Plex in great Fountain City location! 3 - 2-bedroom units and 1 1-bedroom unit. All units have hvac units, and laundry hook ups. Ample parking. Unit 1 was just renovated. Unit 1 can have a bedroom added to make all units 2 bedrooms/1 baths.

Last Agent to Sell the Property

Jennifer Scates

Holrob License #334295 Listed on: 03/25/2022

Last Buyer's Agent

Taylor DeMario

Wallace

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,651

Year Built

  • Built in 1967

Home Design

  • 3,132 Sq Ft Home
  • Quadruplex
  • Brick Exterior Construction
  • Shingle Roof

Flooring

  • Carpet
  • Laminate
  • Vinyl

Parking

  • Shared Driveway
  • On-Site Parking

Schools

  • Fountain City Elementary School
  • Gresham Middle School
  • Central High School

Utilities

  • Zoned Heating and Cooling System
  • Internet Available

Additional Features

  • Walk-In Closet
  • Washer and Dryer Hookup
  • Balcony

Community Details

  • 4 Units
  • W E Griffith Prop Subdivision

Listing and Financial Details

  • The owner pays for trash collection, taxes, insurance, lawn maintenance
  • Assessor Parcel Number 048MB003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,651

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Directions: Broadway to Jacksboro Pike to unit
  • Prop. Type: Multi-Family
  • Year Built: 1967
  • Lot Size: 60Mx206xIRR
  • Subdivision Name: W E Griffith Prop
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Floors:Laminate: Yes
  • Siding:Brick2: Yes
  • General Property Description:Driveway: shared
  • Roof:Shingle: Yes
  • Property Sub-Type:Four Plex: Yes
  • Miscellaneous:WasherDryer Cnctns: Yes
  • Misc Features:Internet Available2: Yes
  • Miscellaneous:Balcony2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Smoke Detector, Refrigerator
  • Owner Pays: Trash Collection, Taxes, Insurance, Lawn Maintenance
  • Flooring: Laminate, Carpet, Vinyl
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:Other27: Yes

Exterior Features

  • Exterior Features: Balcony
  • Construction Type: Brick
  • Construction:Frame - Brick: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • GarageParking:On Premise Parking: Yes

Utilities

  • Heating: Central
  • Heating Yn: Yes

Schools

  • Elementary School: Fountain City
  • High School: Central
  • Middle Or Junior School: Gresham

Lot Info

  • Parcel #: 048MB003

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1650.75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2022
Closed on
Jun 29, 2022
Sold by
A2z Styles Llc
Bought by
Volunteer Partners Realty Llc
Seller's Agent
Jennifer Scates
Holrob
Buyer's Agent
Taylor DeMario
Wallace
List Price
$449,000
Sold Price
$409,000
Premium/Discount to List
-$40,000
-8.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.91%
Original Mortgage
$306,750
Outstanding Balance
$279,827
Interest Rate
5.1%
Mortgage Type
Credit Line Revolving
Estimated Equity
$222,005

Purchase Details

Listed on
Sep 16, 2021
Closed on
Oct 13, 2021
Sold by
Tedesco Joshua and Tedesco Kandas
Bought by
A2z Styles Llc
Seller's Agent
Steven George
ReMax Preferred Properties, In
Buyer's Agent
Jennifer Scates
Realty Executives Associates
Sold Price
$311,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.55%

Purchase Details

Listed on
Oct 20, 2011
Closed on
Mar 24, 2012
Sold by
Marrero Juan Luis
Bought by
Tedesco Joshua and Tedesco Kandas
Seller's Agent
Andrew Sharits
Realty Executives Associates
Buyer's Agent
George Francisco
Century 21- Legacy
Sold Price
$77,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.75%
Original Mortgage
$87,500
Interest Rate
3.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 25, 2007
Sold by
Gorman Pamela
Bought by
Marrero Juan Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 2006
Sold by
Lahti Raymond L and Lahti Evelyn L
Bought by
Gorman Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,950
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 2, 2006
Sold by
Lahti Evelyn L and Lahti Raymond L
Bought by
Lahti Raymond L and Lahti Evelyn L

Purchase Details

Closed on
Aug 26, 2005
Sold by
Tennessee Valley Properties Llc
Bought by
Lahti Raymond L and Lahti Evelyn L

Purchase Details

Closed on
Sep 30, 2004
Sold by
Pt Investment Co Llc
Bought by
Tennessee Valley Properties Llc

Purchase Details

Closed on
May 5, 2004
Sold by
Lahti Evelyn L and Lahti Raymond L
Bought by
Pt Investment Co Llc
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 Type Sale Price Title Company
Warranty Deed $409,000 None Listed On Document
Warranty Deed $311,800 None Available
Warranty Deed $77,000 None Available
Warranty Deed $161,225 None Available
Warranty Deed $115,500 Title Services Inc
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- Tennessee Title & Abstract
Quit Claim Deed -- --
Warranty Deed $100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $306,750 Credit Line Revolving
Previous Owner $83,726 Future Advance Clause Open End Mortgage
Previous Owner $87,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $145,000 Purchase Money Mortgage
Previous Owner $103,950 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 Pending -- -- --
05/01/2025 05/01/25 For Sale $565,000 +38.1% $180 / Sq Ft
06/29/2022 06/29/22 Sold $409,000 -8.9% $131 / Sq Ft
03/25/2022 03/25/22 For Sale $449,000 +44.0% $143 / Sq Ft
10/13/2021 10/13/21 Sold $311,800 +304.9% $100 / Sq Ft
03/26/2012 03/26/12 Sold $77,000 -- $25 / Sq Ft
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 $4,691 $126,440 $0 $0
2023 $4,691 $126,440 $0 $0
2022 $4,691 $126,440 $0 $0
2021 $3,071 $67,000 $0 $0
2020 $3,071 $67,000 $0 $0
2019 $3,071 $67,000 $0 $0
2018 $3,071 $67,000 $0 $0
2017 $3,071 $41,875 $0 $0
2016 $3,225 $0 $0 $0
2015 $3,225 $0 $0 $0
2014 $3,225 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1185200

East Tennessee REALTORS® MLS

APN: 048MB-003