NOT LISTED FOR SALE

5641 Byrd Rd Russellville, TN 37860

Estimated Value: $211,877 - $271,000

-- Bed
2 Baths
1,560 Sq Ft
$152/Sq Ft Est. Value

Last Sold December 23, 2021

Last sale price $176,000 $113 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,319/month

56 Days on Market

Highlights

  • Deck
  • Walk-In Closet
  • Ceiling Fan
  • Cathedral Ceiling
  • Cooling Available
  • Heat Pump System

About This Home

As of December 2021

Excellent income producing property in prime east Morristown location. Each side featuring 2BR/1BA in a country setting yet close to town. Open kitchen/living room, fresh paint and large closets. Laundry hook-ups in bathrooms for convenience. Each unit has great parking area. Newer roofs, water heaters hvac units and appliances. Basement is unfinished for storage. Water and Electric are on separate meters. Managed by current owner for 25 years with pride in ownership.

Last Agent to Sell the Property

Tina Black

Re/Max Real Estate Ten Midtown License #308409 Listed on: 09/01/2021

Re/Max Real Estate Ten Midtown

Last Buyer's Agent

Leslie Jo Deaderick

RE/MAX Real Estate Ten Commercial

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $844

Year Built

  • Built in 1993

Lot Details

  • 0.74

Home Design

  • Duplex
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Walk-In Closet
  • Cathedral Ceiling
  • Ceiling Fan
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Range Hood

Laundry

  • Laundry on main level
  • Washer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Schools

  • Russellville Elementary School
  • East Ridge Middle School
  • East High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Deck
  • 0.74 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 43.01

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units

Building Details

  • Insurance Expense $1,200
  • Net Operating Income $11,157

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$844

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Carport Y N: No
  • Year Built: 1993
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.74
  • Lot Size: 100/325/100/325
  • Subdivision Name: No
  • Directions: FROM HWY 11E TURN ONTO CEDAR CREEK RD, FOLLOW APPROX. 1.5 MILES TO RIGHT ON BYRD RD, PROPERTY ON LEFT. (NO SIGN)
  • Location Tax and Legal:Tax Annual Amount: 843.95
  • Location Tax and Legal:Parcel Number2: 43.01
  • General Property Information:Lot Size Acres: 0.74
  • General Property Information:Lot Size Dimensions: 100/325/100/325
  • Water Source:Public: Yes
  • Location Tax and Legal:Middle or Junior School: East Ridge
  • Location Tax and Legal:Elementary School: Russellville Elementary
  • Location Tax and Legal:High School: East
  • General Property Information:Fireplace YN: No
  • General Property Information:Spa YN: No
  • General Property Information:Home Warranty YN: No
  • Appliances Refrigerators: Yes
  • Cooling:Heat Pump: Yes
  • Foundation Details:Block3: Yes
  • Laundry Features:Washer Hookup: Yes
  • Roof:Shingle: Yes
  • General Property Information:Basement YN: Yes
  • Security Features:Smoke Detector(s): Yes
  • Gross Scheduled Income: 13200.0
  • Laundry Features:Main Level: Yes
  • Laundry Features:Laundry Closet: Yes
  • General Property Information:Number Of Units Total2: 2.0
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Range Hood, Refrigerator
  • Basement: Block, Full, Unfinished
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Vaulted Ceiling(s), Walk-In Closet(s)
  • Private Spa: No
  • Basement YN: Yes
  • Fireplace: No
  • Appliances:Electric Oven: Yes
  • Appliances:Electric Range: Yes
  • Basement:Block: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Full Basement: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: None
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Block
  • Patio And Porch Features: Deck
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:None6: Yes

Garage/Parking

  • Parking Features: Concrete
  • Parking Features:Concrete4: Yes
  • General Property Information:Carport YN: No
  • Unit 1:Garage YN3: Yes
  • Unit 2:Garage YN4: Yes
  • Unit 3:Garage YN5: No
  • Unit 4:Garage YN6: No

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Sewer: Septic Tank
  • Laundry Features: Laundry Closet, Main Level, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Amenities: Cable TV
  • Association: Yes

Association/Amenities

  • Association Amenities:Cable TV: Yes

Schools

  • Elementary School: Russellville Elementary
  • High School: East
  • Middle Or Junior School: East Ridge

Lot Info

  • Lot Size Sq Ft: 32234.4
  • Parcel #: 43.01
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Income And Expenses Net Operating Income: 11157.0

Tax Info

  • Tax Annual Amount: 843.95
  • Tax Map Number: 018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2021
Closed on
Dec 23, 2021
Sold by
Skelton Steve
Bought by
Cook Horace Hall and Cook Kimberly J
Seller's Agent
Tina Black
Re/Max Real Estate Ten Midtown
Buyer's Agent
Leslie Jo Deaderick
RE/MAX Real Estate Ten Commercial
List Price
$184,900
Sold Price
$176,000
Premium/Discount to List
-$8,900
-4.81%
Current Estimated Value
$236,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,959
Avg. Annual Appreciation
7.92%
Original Mortgage
$126,250
Outstanding Balance
$115,913
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$121,046

Purchase Details

Closed on
Dec 21, 1991
Bought by
Holt Hugh and Stephens William D

Purchase Details

Closed on
Apr 27, 1989
Bought by
Trent Junior and Trent Lena

Purchase Details

Closed on
Oct 28, 1986
Bought by
Ward L E
Source: Public Records

Range of Values:

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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
Cook Horace Hall $176,000 Blue Ridge Title Company Llc
Holt Hugh $10,500 --
Trent Junior $60,000 --
Ward L E $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cook Horace Hall $126,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2021 12/23/21 Sold $176,000 -4.8% $113 / Sq Ft
10/27/2021 10/27/21 Pending -- -- --
09/01/2021 09/01/21 For Sale $184,900 -- $119 / Sq Ft
Source: Lakeway Area Association of REALTORS®

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 $844 $42,840 $6,000 $36,840
2023 $844 $42,840 $0 $0
2022 $844 $42,840 $6,000 $36,840
2021 $844 $42,840 $6,000 $36,840
2020 $844 $42,840 $6,000 $36,840
2019 $714 $33,520 $5,160 $28,360
2018 $714 $33,520 $5,160 $28,360
2017 $714 $33,520 $5,160 $28,360
2016 $667 $33,520 $5,160 $28,360
2015 $620 $33,520 $5,160 $28,360
2014 -- $33,520 $5,160 $28,360
2013 -- $42,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tina Black

    Seller's Agent in 2021

    Tina Black

    RE/MAX

    (423) 312-7338

    238 Total Sales

    Tina Black
    Section Image

  • L

    Buyer's Agent in 2021

    Leslie Jo Deaderick

    RE/MAX Real Estate Ten Commercial

See All Agents

Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 603692

Lakeway Area Association of REALTORS®

APN: 018-043.11

Tennessee Hamblen County Russellville 37860

5641 Byrd Rd, Russellville, TN

Not Listed for Sale

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