$450,000
SOLD AUG 3, 2021
-- Bed
-- Bath
3,075 Sq Ft
0.33 Acres

Recently Sold

$146 Per Sq Ft

5% Below List Price

8 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Eat-In Kitchen
  • South Side Elementary School Rated A
  • Traditional Architecture
  • 5-minute walk to Carver Recreation Center

About This Home

As of August 2021

Great Investment Opportunity! A 4 unit, 2 bedroom, 1 1/2 bath apartment building conveniently located in downtown Johnson City. Each unit has been completely remodeled, each unit features 2 bedrooms, 1.5 baths, an eat in kitchen, new flooring, neutral paint colors, back deck with small yard. The apartments are always full. Current owner is installing a new roof. Fantastic opportunity for an investor. Call today for your private showing and additional information.

Last Agent to Sell the Property

Sam Taylor

The Property Experts JC License #311578 Listed on: 07/08/2021

Co-Listed By

HAROLD ROSS

The Property Experts JC License #345109

Last Buyer's Agent

Sam Taylor

The Property Experts JC License #311578 Listed on: 07/08/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,575

Year Built

  • Built in 1998 | Remodeled

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 145 x 100
  • Level Lot
  • Property is in good condition

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Composition Roof

Interior Spaces

  • 3,075 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Double Pane Windows
  • Crawl Space

Kitchen

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

Flooring

  • Carpet
  • Laminate

Outdoor Features

  • Deck

Schools

  • South Side Elementary School
  • Indian Trail Middle School
  • Science Hill High School

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 054c G 015.00 000
  • Tax Block 7

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,575

Year Built

Built in 1998 | Remodeled

Lot Details

0

Listing Details

  • Directions: Main Street to 608 W. Watauga Ave
  • Prop. Type: Residential Income
  • Year Built: 1998
  • Property Sub Type: Multi-Family
  • Co List Office Mls Id: 1079
  • Co List Office Phone: 423-631-0400
  • Architectural Style: Townhouse, Traditional
  • Unit Levels: Two
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 054c G 015.00 000
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.33
  • General Property Description Zoning2: R 2C
  • General Property Description Elementary School3: South Side
  • General Property Description Middle School2: Indian Trail
  • General Property Description High School3: Science Hill
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 145 x 100
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • AC Heat Pump3: Yes
  • General Property Description Stories2: 2
  • Roof Composition: Yes
  • Flooring Carpet: Yes
  • Flooring Laminate: Yes
  • Foundation Block6: Yes
  • Location Tax Legal Info Block: 7
  • Style Townhouse: Yes
  • General Property Description # Buildings: 1
  • General Property Description Total Units: 4
  • Levels:Two: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Has Basement: Crawl Space
  • Flooring: Carpet, Laminate
  • Interior Amenities: Eat-in Kitchen, Laminate Counters, Open Floorplan, Remodeled
  • Window Features: Double Pane Windows
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • InteriorFeatures:Remodeled: Yes
  • Interior Features:Laminate Counters: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Composition
  • Lot Features: Level
  • Acres: 0.33
  • Construction Type: Brick
  • Foundation Details: Block
  • Patio And Porch Features: Deck
  • Exterior Finish Brick4: Yes
  • Window Features:Double Pane Windows: Yes
  • PorchPatioDeck Deck: Yes

Garage/Parking

  • Parking Features: Asphalt
  • Attached Garage: No
  • Parking Features:Asphalt2: Yes

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Schools

  • Elementary School: South Side
  • High School: Science Hill
  • Middle Or Junior School: Indian Trail

Lot Info

  • Zoning: R 2C
  • Lot Dimensions: 145 x 100
  • Lot Size Sq Ft: 14374.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 054c G 015.00 000
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Aug 3, 2021
Sold by
Carey Aaron David and Carey Susan Condit
Bought by
Laurel Mountain Homes Llc
Seller's Agent
Sam Taylor
The Property Experts JC
Buyer's Agent
Sam Taylor
The Property Experts JC
List Price
$475,000
Sold Price
$450,000
Premium/Discount to List
-$25,000
-5.26%
Current Estimated Value
$603,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,536
Avg. Annual Appreciation
7.07%

Purchase Details

Listed on
May 25, 2017
Closed on
Jul 26, 2017
Sold by
Capital Bank Corporation
Bought by
Long Brent
Seller's Agent
Lena Falls
Realty Solutions
Buyer's Agent
DAN RUTLEDGE
Realty Solutions
List Price
$204,000
Sold Price
$165,000
Premium/Discount to List
-$39,000
-19.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.35%
Original Mortgage
$213,000
Interest Rate
3.91%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 20, 2017
Sold by
Moffitt Willard C
Bought by
Capital Bank

Purchase Details

Closed on
Nov 6, 1997
Bought by
Moffitt Willard C and Moffitt Stephen T
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
Quit Claim Deed -- Reliable T&E Llc
Warranty Deed $450,000 Reliable T&E Llc
Special Warranty Deed $165,000 None Available
Trustee Deed -- --
Warranty Deed $12,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $232,500 Commercial
Previous Owner $213,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2021 08/03/21 Sold $450,000 -5.3% $146 / Sq Ft
07/17/2021 07/17/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $475,000 +187.9% $154 / Sq Ft
07/27/2017 07/27/17 Sold $165,000 -19.1% $54 / Sq Ft
05/30/2017 05/30/17 Pending -- -- --
05/25/2017 05/25/17 For Sale $204,000 -- $66 / Sq Ft
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 $2,575 $150,560 $14,840 $135,720
2022 $2,019 $93,920 $13,880 $80,040
2021 $3,644 $93,920 $13,880 $80,040
2020 $3,625 $93,920 $13,880 $80,040
2019 $2,048 $93,920 $13,880 $80,040
2018 $3,674 $86,040 $5,760 $80,280
2017 $3,674 $86,040 $5,760 $80,280
2016 $3,657 $86,040 $5,760 $80,280
2015 $3,097 $86,040 $5,760 $80,280
2014 $3,097 $86,040 $5,760 $80,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9925199

Tennessee/Virginia Regional MLS

APN: 054C-G-015.00