NOT LISTED FOR SALE

5909 S York Hwy Clarkrange, TN 38553

Estimated Value: $206,998 - $584,000

-- Bed
1 Bath
25,184 Sq Ft
$15/Sq Ft Est. Value

Last Sold September 28, 2016

Last sale price $665,000 $26 Per Sq Ft

Est. 43% decrease in value since last sale

Current estimated payment $2,146/month

Highlights

  • No HOA
  • Cooling Available
  • Heating Available

About This Home

As of September 2016

Income producing property for sale! This very well maintained property consist of 83 self storage units,11 mobile homes, 1 single family home, 1 commercial rental, 4 RV spaces and 2 detached garages and sits on six acres with plenty of room for expansion. This property sits on the main thoroughfare in Fentress county next to Clarkrange High School on highway 127. (TDOT 2014 Annual Average Daily Traffic 7,602) With long term tenants in place this property consistently maintains a high occupancy rate. Unit mix, rents and financials available upon request and with execution of a confidentiality agreement. Must have a 48 hour notice to show property and the listing agent must accompany. Please do not drive through property or talk with any tenants.

Last Agent to Sell the Property

Gil Gibbs

Crye-Leike Realtors Brokerage Phone: 9315206450 License #321296 Listed on: 03/05/2016

Crye-Leike Realtors

Last Buyer's Agent

Gil Gibbs

Crye-Leike Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,461

Year Built

  • Built in 1955

Lot Details

  • 6 Acre Lot

Home Design

  • 25,184 Sq Ft Home
  • Mobile Home Park

Utilities

  • Cooling Available
  • Heating Available
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 028.00

Community Details

Overview

  • No Home Owners Association
  • 102 Units

Building Details

  • 4 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,461

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Attribution Contact: 9315206450
  • Directions: From Cookeville take Interstate 40 east to exit 301.Turn left onto US-70N W/TN-24/Crossville Hwy. Continue to follow US-70N W/TN-24,Turn right onto S Chestnut St/TN-164.Turn right onto E Commercial Ave/TN-62. Continue to follow TN-62. for 16 miles, Turn left onto S York Hwy/US-127 N/TN-28 and the property is about 3.72 miles on the right.
  • Prop. Type: Residential Income
  • Year Built: 1955
  • Property Sub Type: Mobile Home Park
  • Lot Size Acres: 6
  • Lot Size: 6 Acres
  • Special Features: None

Interior Features

  • Appliances: Other, Water Heater
  • Living Area: 25184
  • Window Features: Other-See Remarks

Exterior Features

  • Roof: Other
  • Construction Type: Other

Utilities

  • Electric: Other-See Remarks, Public
  • Sewer: Septic Tank
  • Gas Company: Other-See Remarks, Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Other, Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 261360
  • Farm Land Area Units: Square Feet
  • Parcel #: 028.00

Multi Family

  • Number Of Units Total: 102
  • Number Of Units Furnished: None
  • Number Of Units Vacant: 4

Tax Info

  • Tax Annual Amount: 1461.25
  • Tax Book Number: 07
  • Tax Map Number: 133

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2020
Sold by
Clouse Kenneth L and Clouse Heather R
Bought by
Melcher David and Standiford Nola
Current Estimated Value
$379,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 5, 2016
Closed on
Sep 28, 2016
Sold by
Smith Dennis E
Bought by
Clouse Kenneth L and Swallows Heather R
Seller's Agent
Gil Gibbs
Crye-Leike Realtors
Buyer's Agent
Gil Gibbs
Crye-Leike Realtors
Sold Price
$665,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.70%
Original Mortgage
$532,000
Interest Rate
3.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 1995
Bought by
Smith Dennis E and Smith Ruby Lorene
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
Melcher David $680,000 None Available
Clouse Kenneth L $665,000 --
Smith Dennis E $31,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melcher David $445,000
Closed Melcher David $544,000
Previous Owner Clouse Kenneth L $532,000
Previous Owner Smith Ruby Lorene $335,794
Previous Owner Smith Dennis E $274,827
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2016 09/28/16 Sold $665,000 0.0% $26 / Sq Ft
01/01/1970 01/01/70 Off Market $665,000 -- --
Source: Upper Cumberland 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 $588 $43,575 $4,250 $39,325
2023 $588 $43,575 $4,250 $39,325
2022 $508 $26,600 $3,250 $23,350
2021 $508 $26,600 $3,250 $23,350
2020 $376 $26,600 $3,250 $23,350
2019 $376 $19,700 $3,250 $16,450
2018 $376 $19,700 $3,250 $16,450
2017 $1,206 $60,775 $9,150 $51,625
2016 $1,206 $60,775 $9,150 $51,625
2015 $1,206 $60,779 $0 $0
2014 $1,038 $52,319 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gil Gibbs

    Seller's Agent in 2016

    Gil Gibbs

    Crye-Leike Realtors

    (931) 260-4517

    9 Total Sales

    Section Image

  • C

    Buyer Co-Listing Agent in 2016

    Connie Bishop

    Exit Rocky Top Realty

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Map

Source: Upper Cumberland Association of REALTORS®

MLS Number: 174332

Upper Cumberland Association of REALTORS®

APN: 133-028.00

Tennessee Fentress County Clarkrange 38553

5909 S York Hwy, Clarkrange, TN

This home is located at 5909 S York Hwy, Clarkrange, TN 38553 since 05 March 2016 and is currently estimated at $379,750, approximately $15 per square foot. This property was built in 1955. 5909 S York Hwy is a home located in Fentress County.

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