NOT LISTED FOR SALE

Estimated Value: $636,000 - $859,000

4 Beds
2 Baths
3,109 Sq Ft
$233/Sq Ft Est. Value

Sale Details

Date Sold: May 2, 2023

Last sale price $622,000 $200 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,193 / mo

2 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • 2-minute walk to Fourth & Gill Park
  • Beaumont Magnet Academy Rated A-
  • Central Heating and Cooling System

About This Home

As of May 2023

AMAZING FOUR PLEX - LOCATED IN THE HEART OF 4TH & GILL - NEW ROOFS IN 2017.
This 4 unit complex is comprised of 2 duplexes on one lot located at the SE corner of Luttrell St and Third Ave. Residents pay all utilities including water/sewer. All 4 HVAC systems have been replaced since 2013 and electrical and plumbing were upgraded in 1988. Both duplexes enjoy the character and charm of the neighborhood and are walking distance to several popular brewpubs, a cidery, The Old City, and award winning restaurants. Not far from the new baseball stadium due to be completed in 2025 and adjacent to the local greenway, this location offers walking, running and biking to downtown Knoxville as well!

Last Agent to Sell the Property

Solange Velas

Goldman Partners Realty, LLC License #263596 Listed on: 03/28/2023

Last Buyer's Agent

Jodi Harvey

Wallace License #358474

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,028

Year Built

  • Built in 1899

Lot Details

  • 4,785 Sq Ft Lot
  • Lot Dimensions are 49x97

Parking

  • On-Street Parking

Home Design

  • 3,109 Sq Ft Home
  • Quadruplex
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Flooring

  • Wood
  • Vinyl

Additional Features

  • Range
  • Covered Patio or Porch
  • Central Heating and Cooling System

Listing and Financial Details

  • The owner pays for taxes, insurance
  • Assessor Parcel Number 094DF010

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $15,048
  • Net Operating Income $31,152

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,028

Year Built

Built in 1899

Lot Details

4,785 Sq Ft Lot

Listing Details

  • Directions: Take Broadway to Gill Ave. turn right on Luttrell. Property is on the left at the SE corner of Luttrell St and Third Ave. Property has two addresses. 628 Luttrell St and 510 Third Ave.
  • Prop. Type: Multi-Family
  • Year Built: 1899
  • Lot Size Acres: 0.11
  • Lot Size: 49x97
  • General Property Description:Lot Size SqFt: 4785.0
  • Contract Info:List PriceSqFt2: 201.02
  • Siding:Vinyl2: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Hardwood: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Refrigerators: Yes
  • General Property Description:Driveway: Street Parking
  • Property Sub-Type:Four Plex: Yes
  • Roof:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator
  • Owner Pays: Taxes, Insurance
  • Flooring: Hardwood, Vinyl
  • Appliances Range: Yes
  • Other Rooms:Other27: Yes

Exterior Features

  • Exterior Features: Porch - Covered
  • Construction Type: Vinyl Siding, Frame
  • Construction:Frame: Yes
  • Exterior Features:Porch - Covered: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On-Street Parking
  • GarageParking:On-Street Parking: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 4785.0
  • Parcel #: 094DF010
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 49200.0
  • Property Net Operating Income: 31152.0
  • Annual Operating Expense: 15048.0

Tax Info

  • Tax Annual Amount: 4027.52

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Fourth & Gill, TN

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/02/2023 05/02/23 Sold $622,000 -0.5% $200 / Sq Ft
03/31/2023 03/31/23 Pending -- -- --
03/28/2023 03/28/23 For Sale $625,000 +201.9% $201 / Sq Ft
07/19/2013 07/19/13 Sold $207,000 -- $67 / Sq Ft View Prior Sale
Source: East Tennessee REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,903 $186,840 $0 $0
2024 $6,931 $186,840 $0 $0
2023 $6,931 $186,840 $0 $0
2022 $6,931 $186,840 $0 $0
2021 $2,721 $59,360 $0 $0
2020 $2,721 $59,360 $0 $0
2019 $2,721 $59,360 $0 $0
2018 $2,721 $59,360 $0 $0
2017 $2,721 $37,100 $0 $0
2016 $2,856 $0 $0 $0
2015 $2,856 $0 $0 $0
2014 $2,856 $0 $0 $0
Source: Public Records

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1222117

East Tennessee REALTORS® MLS

APN: 094DF-010

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