NOT LISTED FOR SALE

601 Holston Ave Bristol, TN 37620

Estimated Value: $221,000 - $237,000

-- Bed
-- Bath
-- Sq Ft
5,227 Sq Ft Lot

Last Sold July 26, 2024

Last sale price $226,000

Est. 1% increase in value since last sale

Current estimated payment $1,401/month

128 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Double Pane Windows
  • Wood Flooring
  • Rear Porch
  • Window Unit Cooling System

About This Home

As of July 2024

Triplex in the heart of Bristol! Take advantage of this opportunity to invest in a renovated, well maintained property moments away from everything in Bristol.

*Upstairs units A and B were renovated from the studs, including all new wiring within the last 4 years
*Downstairs Unit C updated Summer 2023
*Brand new laundry room built on bottom level Spring 2023
*New gravel parking area for off street parking

Unit A: current rent $650, lease ends Aug 2024
Unit B: current rent $700, lease ends Mar 2025
Unit C: current rent $850, lease ends Feb 2025

This property is steps from Volunteer Pkwy, walking distance to Downtown Bristol, 2 miles to Bristol Casino, and 5 miles from Bristol hospital. Though it has been used as a long term rental, it could be used as mid-term or converted into short term rentals. Zoning is residential/commercial B3, allowing for multiple uses.


All information herein is deemed reliable but subject to buyer verification. Selling as-is. Seller/Agent.

Last Agent to Sell the Property

Brittany Zhou

eXp Realty VA License #0225267477 Listed on: 02/20/2024

eXp Realty VA

Last Buyer's Agent

Joseph Lavender

Coldwell Banker Security Real Estate License #352265

Coldwell Banker Security Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 36 x 140
  • Back Yard Fenced
  • Level Lot
  • Property is in average condition

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Block Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Partial Basement
  • Fire and Smoke Detector
  • Electric Range

Flooring

  • Wood
  • Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Rear Porch

Schools

  • Anderson Elementary School
  • Vance Middle School
  • Tennessee High School

Utilities

  • Window Unit Cooling System
  • Radiant Heating System

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 020e E 016.00

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Directions: Take I81 Exit 3 onto Commonwealth and keep straight onto Volunteer Pkwy. Turn right onto Windsor Ave, left onto Ninth St, left onto Wilson Ave. 601 Holston is on the corner of Wilson Ave and Holston Ave.
  • Prop. Type: Residential Income
  • Year Built: 1920
  • Property Sub Type: Multi-Family
  • Subdivision Name: Not In Subdivision
  • Architectural Style: Traditional
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: House
  • Location Tax Legal Info Parcel ID: 020e E 016.00
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Zoning2: B3
  • General Property Description Elementary School3: Anderson
  • General Property Description Middle School2: Vance
  • General Property Description High School3: Tennessee
  • General Property Description HOA YN: No
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 36 X 140
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • Flooring Tile2: Yes
  • AC Ceiling Fan(s): Yes
  • TopographyLot Description Sloped: Yes
  • Foundation Block6: Yes
  • Fencing Back Yard: Yes
  • Roof Metal3: Yes
  • Excluded From Sale A C Window Units: Yes
  • Flooring Vinyl: Yes
  • Property Condition Average: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • General Property Description # Buildings: 1
  • General Property Description Total Units: 3
  • Levels One: Yes
  • Style Traditional3: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Range, Refrigerator, Washer
  • Has Basement: Partial
  • Flooring: Vinyl, Tile, Hardwood
  • Interior Amenities: Smoke Detector(s)
  • Window Features: Double Pane Windows
  • InteriorFeatures:Smoke Detector(s): Yes
  • Appliances:Electric Range: Yes
  • Basement:Partial: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Metal
  • Lot Features: Sloped, Level
  • Fencing: Back Yard
  • Construction Type: Vinyl Siding
  • Foundation Details: Block
  • Patio And Porch Features: Porch, Rear Porch
  • Exterior Finish Vinyl Siding: Yes
  • Window Features:Double Pane Windows: Yes
  • PorchPatioDeck Porch: Yes
  • PorchPatioDeck Rear Porch: Yes

Garage/Parking

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

Utilities

  • Heating: Electric, Radiant
  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Anderson
  • High School: Tennessee
  • Middle Or Junior School: Vance

Lot Info

  • Zoning: B3
  • Lot Dimensions: 36 X 140
  • Parcel #: 020e E 016.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2024
Closed on
Jul 26, 2024
Sold by
Lush Rentals Llc
Bought by
Bharadwaj Akshay Chennakeshav and Bharadwaj Rae-Ann
Seller's Agent
Brittany Zhou
eXp Realty VA
Buyer's Agent
Joseph Lavender
Coldwell Banker Security Real Estate
List Price
$279,000
Sold Price
$226,000
Premium/Discount to List
-$53,000
-19%
Views
66
Current Estimated Value
$229,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,156
Avg. Annual Appreciation
0.27%
Original Mortgage
$182,400
Outstanding Balance
$161,535
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$65,087

Purchase Details

Listed on
Aug 10, 2022
Closed on
Sep 23, 2022
Sold by
Patel and Heme
Bought by
Lush Rentals Llc
Seller's Agent
Kristina Kilgore
Conservus Homes
Buyer's Agent
Alex Branch
The Addington Agency Bristol
List Price
$200,000
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.87%
Original Mortgage
$180,000
Interest Rate
5.22%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 29, 2017
Sold by
Cole Jone E
Bought by
Patel Nitin and Patel Hema

Purchase Details

Closed on
Sep 19, 1996
Sold by
Gentry Sarah E
Bought by
John Cole
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
Bharadwaj Akshay Chennakeshav $226,000 Express Title
Lush Rentals Llc $200,000 --
Patel Nitin $69,000 Mumpower Title
John Cole $27,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bharadwaj Akshay Chennakeshav $182,400
Previous Owner Lush Rentals Llc $180,000
Previous Owner Cole John E $29,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $226,000 -12.7% --
06/28/2024 06/28/24 Pending -- -- --
06/06/2024 06/06/24 Price Changed $259,000 -3.7% --
05/06/2024 05/06/24 Price Changed $269,000 -2.9% --
04/28/2024 04/28/24 Price Changed $277,000 -0.4% --
04/01/2024 04/01/24 Price Changed $278,000 -0.4% --
02/20/2024 02/20/24 For Sale $279,000 +39.5% --
09/23/2022 09/23/22 Sold $200,000 0.0% --
09/10/2022 09/10/22 Pending -- -- --
08/10/2022 08/10/22 For Sale $200,000 -- --
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 -- $37,240 $2,880 $34,360
2023 $1,636 $37,240 $2,880 $34,360
2022 $1,636 $37,240 $2,880 $34,360
2021 $1,636 $37,240 $2,880 $34,360
2020 $1,683 $37,240 $2,880 $34,360
2019 $1,683 $35,560 $2,880 $32,680
2018 $1,676 $35,560 $2,880 $32,680
2017 $1,676 $35,560 $2,880 $32,680
2016 $1,726 $35,760 $1,200 $34,560
2014 $1,630 $35,772 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9962194

Tennessee/Virginia Regional MLS

APN: 020E-E-016.00