NOT LISTED FOR SALE

6736 Morganton Rd Greenback, TN 37742

Estimated Value: $330,473 - $380,000

Studio
-- Bath
2,886 Sq Ft
$123/Sq Ft Est. Value

Last Sold May 14, 2024

Last sale price $325,000 $113 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,938/month

6 Days on Market

Highlights

  • Wood Flooring
  • Furnished
  • Central Heating and Cooling System

About This Home

As of May 2024

The Historic Greenback Depot stands as a true gem of Tennessee's rich history, having been established in 1913 and boasting a remarkable 3,000 square feet of versatile space. This iconic VENUE serves as a blank canvas, ready to host a myriad of events and projects, ranging from weddings and special occasions to potential business ventures, creative endeavors, and even residential development opportunities.

While the Depot currently shines as a sought-after wedding and special events venue, its potential goes far beyond its existing use. With its unique setting and historical charm, this location offers a distinctive backdrop for a wide array of activities and initiatives. Whether you're looking to host a memorable celebration, launch a new business endeavor, or explore creative possibilities, the Historic Greenback Depot provides a captivating space to bring your vision to life.

As a hub of community activity, the Depot is already bustling with various events scheduled for 2024, including birthdays, baby showers, weddings, and even a weekly farmers market in the parking lot. This vibrant activity showcases the Depot's role as a gathering place where people come together to celebrate, connect, and create lasting memories.

In addition to its enchanting ambiance, the Depot features practical amenities that enhance the overall experience for guests and organizers alike. From essential facilities like two restrooms and gas heating for winter comfort to convenient features such as a washer/dryer hookup and a refrigerator, the Depot is equipped to ensure that your event or project runs seamlessly.

While the Depot may benefit from some restoration and care, its rustic charm and historical significance remain unmistakable. Listed on Tennessee's National Register of Historic Buildings, the Depot is not just a structure but a living piece of history waiting to embark on its next chapter. Furthermore, its designation opens up opportunities for tax credits through various Historic Preservation grants, providing additional incentives for those looking to invest in its preservation and revitalization.

For those intrigued by this special historic treasure, a visit to www.greenbackdepot.com promises a deeper dive into the Depot's story, offerings, and potential. Discover more about the rich history and promising future of the Historic Greenback Depot as it continues to stand as a cherished landmark in Tennessee's cultural tapestry.

Last Agent to Sell the Property

Tina Mathis

Remax Freedom License #332011 Listed on: 04/16/2024

Last Buyer's Agent

Travis Dupre

eXp Realty, LLC License #371171

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Lot Details

  • 0.55

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,886 Sq Ft Home
  • Furnished
  • Wood Flooring

Parking

  • Driveway
  • Off-Street Parking

Schools

  • Greenback Elementary And Middle School
  • Greenback High School

Additional Features

  • 0.55 Acre Lot
  • Central Heating and Cooling System

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 070L A 004.00

Property Details

Home Type

Multi-Family

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Directions: From office: Head southeast on Congress Pkwy S toward Congress Pkwy S/US-11 S. Continue straight to stay on Congress Pkwy S/US-11 S. Continue to follow US-11 S for approximately 17 miles. Turn left onto TN-309 E and continue for about 10 miles. Turn right onto TN-72 E and continue for approximately 4.5 miles. Turn left onto E Washington Ave/TN-72 E and continue to follow TN-72 E for about 2.5 miles. Turn right onto Morganton Rd/TN-95 S. Continue to follow TN-95 S for approximately 3 miles. Your destination, 6736 Morganton Road, Greenback, TN 37742, will be on the left. Safe travels
  • Prop. Type: Multi-Family
  • Year Built: 1913
  • Lot Size Acres: 0.55
  • Lot Size: 147 x 149 x 117 x 33 x 295 approx
  • General Property Description:Lot Size SqFt: 23958.0
  • Contract Info:List PriceSqFt2: 112.61
  • Cooling:Central Cooling: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • General Property Description:Driveway: Paved
  • Roof:Metal4: Yes
  • Sale Includes:All Furnishings: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood
  • Other Rooms:Other27: Yes

Exterior Features

  • Construction Type: Frame
  • Construction:Frame: Yes

Garage/Parking

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

Utilities

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

Schools

  • Elementary School: Greenback
  • High School: Greenback
  • Middle Or Junior School: Greenback

Lot Info

  • Lot Size Sq Ft: 23958.0
  • Parcel #: 070L A 004.00
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2024
Sold by
Greenback Depot Llc
Bought by
Bonifacio Properties Llc
Current Estimated Value
$355,237

Purchase Details

Listed on
Apr 16, 2024
Closed on
May 14, 2024
Sold by
Tailwinds Investments Llc
Bought by
Greenback Depot Llc
Seller's Agent
Tina Mathis
Remax Freedom
Buyer's Agent
Travis Dupre
eXp Realty, LLC
List Price
$325,000
Sold Price
$325,000
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.37%
Original Mortgage
$258,677
Interest Rate
6.82%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 23, 2023
Sold by
Tittsworth Wendy and Tittsworth Steve
Bought by
Tailwinds Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2021
Sold by
Tittsworth Wendy
Bought by
Tittsworth Wendy and Tittsworth Steve

Purchase Details

Closed on
Jun 2, 2020
Sold by
Tittsworth Wendy and Edmondson Ronald Dean
Bought by
Tittsworth Wendy

Purchase Details

Closed on
Mar 30, 2012
Sold by
Alley Larry Gene
Bought by
Edmondson Ronald D

Purchase Details

Closed on
Aug 31, 1999
Bought by
Alley Larry Gene and Alley Mary Martha

Purchase Details

Closed on
Jan 27, 1990
Bought by
Fowler George

Purchase Details

Closed on
Jan 1, 1984
Bought by
Supra Sports Inc

Purchase Details

Closed on
Jan 1, 1983
Source: Public Records
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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
Bonifacio Properties Llc -- Foothills Title Services Inc
Greenback Depot Llc $320,000 Unity Title And Escrow Llc
Tailwinds Investments Llc $290,000 Southeast Title & Escrow
Tailwinds Investments Llc $290,000 Southeast Title & Escrow
Tittsworth Wendy -- Southeastern Ttl & Abstract
Tittsworth Wendy -- Southeastern Ttl & Abstract
Edmondson Ronald D $167,500 --
Alley Larry Gene $60,000 --
Fowler George $18,000 --
Supra Sports Inc $15,000 --
-- $13,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Greenback Depot Llc $258,677
Previous Owner Tailwinds Investments Llc $232,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2024 05/14/24 Sold $325,000 0.0% $113 / Sq Ft
04/23/2024 04/23/24 Pending -- -- --
04/16/2024 04/16/24 For Sale $325,000 -- $113 / Sq Ft
Source: East Tennessee REALTORS® MLS

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
2025 $635 $35,900 $6,950 $28,950
2024 $426 $28,075 $6,950 $21,125
2023 $426 $28,075 $0 $0
2022 $426 $28,075 $6,950 $21,125
2021 $426 $28,075 $6,950 $21,125
2020 $352 $28,075 $6,950 $21,125
2019 $352 $19,500 $4,675 $14,825
2018 $352 $19,500 $4,675 $14,825
2017 $352 $19,500 $4,675 $14,825
2016 $352 $18,950 $4,675 $14,275
2015 $352 $18,950 $4,675 $14,275
2014 $352 $18,950 $4,675 $14,275
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1259405

East Tennessee REALTORS® MLS

APN: 070L-A-004.00