NOT LISTED FOR SALE

611 Abbott Ln Knoxville, TN 37923

Estimated Value: $413,000 - $472,000

3 Beds
4 Baths
2,248 Sq Ft
$202/Sq Ft Est. Value

Last Sold August 19, 2021

Last sale price $329,900 $147 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,609/month

1 Day on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Family Room
  • A.L. Lotts Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of August 2021

This entire duplex is being sold. 3BR, 2 BA on left, 3BA and 2 Ba on the right. Tenant currently occupies right side and pays 1100/mo. 1200+/mo retail rent for the area is the norm. Left side is vacant, Appliances remain both sides. Great condition. Carpet just shampooed, Recent Deep Cleaning. Seller will close with Superior Title and Escrow LLC. Seller provides 1 year warranty thru 'America's Preferred'. Buyer to verify all listing details. Proof of funds or Pre-approval letter must accompany all offers. Serious buyers will be granted access to the right side after seeing the left side, since tenant has to be consulted.

Last Agent to Sell the Property

Ed Harrison

United Real Estate Solutions License #342431 Listed on: 07/02/2021

United Real Estate Solutions

Co-Listed By

Michelle Stockdale

Wallace License #361119

Last Buyer's Agent

Jean Chung

Wallace

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,842

Year Built

  • Built in 1987

Lot Details

  • 0.48

Parking

  • Carport

Home Design

  • Duplex
  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,248 Sq Ft Home
  • Vinyl Clad Windows
  • Family Room
  • Formal Dining Room
  • Range
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Tile
  • Vinyl

Schools

  • Bearden High School

Additional Features

  • 0.48 Acre Lot
  • Central Heating and Cooling System

Community Details

  • 2 Units
  • M D Kelly Prop Subdivision

Listing and Financial Details

  • The owner pays for leasing fees
  • Assessor Parcel Number 132 07004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,842

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Directions: From downtown, west on Kingston Pike turn left on Gallaher View, to Gleason, Turn right to Abbot, turn left on Abbot, Property is on right.
  • Prop. Type: Multi-Family
  • Year Built: 1987
  • Lot Size Acres: 0.48
  • Lot Size: 205x90.5 IRR
  • Co List Office Mls Id: 2170
  • Co List Office Phone: 865-675-3788
  • Subdivision Name: M D Kelly Prop
  • General Property Description:Lot Size SqFt: 20934.0
  • Siding:Vinyl2: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Hardwood: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Floors:Tile2: Yes
  • General Property Description:Driveway: 1 per each unit
  • Miscellaneous:WasherDryer Cnctns: Yes
  • Property Sub-Type:Duplex: Yes
  • Roof:Asphalt: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range, Refrigerator
  • Owner Pays: Leasing Fees
  • Flooring: Hardwood, Vinyl, Tile
  • ResoLivingAreaSource: Owner
  • Appliances Range: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Separate Dining Room: Yes

Exterior Features

  • Exterior Features: Windows - Vinyl
  • Construction Type: Vinyl Siding, Brick
  • Construction:Frame - Brick: Yes
  • Exterior Features:Windows - Vinyl: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Individual Carports, On Premise Parking
  • GarageParking:On Premise Parking: Yes
  • GarageParking:Individual Carports: Yes

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Schools

  • High School: Bearden

Lot Info

  • Lot Size Sq Ft: 20934.0
  • Parcel #: 132 07004
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 26400.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2021
Closed on
Aug 20, 2021
Sold by
Terou Yassin
Bought by
Schwimer Jeff R and Schwimer Mary J
Seller's Agent
Ed Harrison
United Real Estate Solutions
Buyer's Agent
Jean Chung
Wallace
Sold Price
$329,900
Current Estimated Value
$454,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,241
Avg. Annual Appreciation
8.19%
Original Mortgage
$167,393
Outstanding Balance
$152,647
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$301,494

Purchase Details

Listed on
Jul 24, 2020
Closed on
Aug 14, 2020
Sold by
West Ridge Llc
Bought by
Terou Yassin
List Price
$249,900
Sold Price
$241,000
Premium/Discount to List
-$8,900
-3.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.46%

Purchase Details

Closed on
Dec 12, 2003
Sold by
Babcock Jonathan A
Bought by
West Ridge Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,600
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
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
Schwimer Jeff R $329,900 Accommodation
Terou Yassin $241,000 Concord Title
West Ridge Llc -- Title Professionals Inc
Babcock Jonathan A $159,500 Title Professionals Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwimer Jeff R $167,393
Previous Owner West Ridge Llc $143,200
Previous Owner Babcock Jonathan A $127,600
Previous Owner Roberts Phyllis Rose $17,863
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2021 08/19/21 Sold $329,900 +36.9% $147 / Sq Ft
08/14/2020 08/14/20 Sold $241,000 -3.6% $107 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $249,900 -- $111 / 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 $1,842 $118,560 $0 $0
2023 $1,842 $118,560 $0 $0
2022 $1,842 $118,560 $0 $0
2021 $1,543 $72,800 $0 $0
2020 $1,543 $72,800 $0 $0
2019 $1,543 $72,800 $0 $0
2018 $1,543 $72,800 $0 $0
2017 $1,543 $45,500 $0 $0
2016 $1,686 $0 $0 $0
2015 $1,686 $0 $0 $0
2014 $1,686 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ed Harrison

    Seller's Agent in 2021

    Ed Harrison

    United Real Estate Solutions

    (865) 415-6008

    68 Total Sales

    Ed Harrison
    Section Image

  • M

    Seller Co-Listing Agent in 2021

    Michelle Stockdale

    Wallace

    (865) 966-1111

    35 Total Sales

    Michelle Stockdale
    Section Image

  • J

    Buyer's Agent in 2021

    Jean Chung

    Wallace

See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1158813

East Tennessee REALTORS® MLS

APN: 132-07004

Tennessee Knox County Knoxville 37923

611 Abbott Ln, Knoxville, TN

This home is located at 611 Abbott Ln, Knoxville, TN 37923 since 02 July 2021 and is currently estimated at $454,141, approximately $202 per square foot. This property was built in 1987. 611 Abbott Ln is a home located in Knox County with nearby schools including A.L. Lotts Elementary School, West Valley Middle School, and Bearden High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

East Tennessee REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.

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