NOT LISTED FOR SALE

Estimated Value: $483,000 - $591,000

8 Beds
4 Baths
3,584 Sq Ft
$146/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $375,000 $105 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,938/month

Highlights

  • Balcony
  • Central Heating
  • Carpet
  • Patio

About This Home

As of October 2021

4 UNITS IN PRIME N KNOXVILLE - ALL BRICK - BOOMING HALLS - MURPHY HILLS SUBDIVISION
This four unit has plenty of parking, a low maintenance exterior and easy access to both I-75, downtown & the Broadway corridor. Located on a quiet side street, residents enjoy a peaceful landscaped rear yard and a short 25 minute commute to downtown, Old North Knox, or the boooming Emory Road exit. The Broadway corridor which is just over the hill offers convenient shopping and dining from takeout to fine sit down eateries, along with the famous Duck Pond, Library and Fountain City park. All units are 2 bedrooms with central HVAC, dishwashers & washer/dryer connections and Landlords will appreciate that residents pay all utilities.

Last Agent to Sell the Property

Solange Velas

Goldman Partners Realty, LLC License #263596 Listed on: 09/08/2021

Last Buyer's Agent

Warren Pineda

Wallace

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,363

Year Built

  • Built in 1976

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 102x199

Home Design

  • 3,584 Sq Ft Home
  • Brick Exterior Construction

Flooring

  • Carpet
  • Laminate
  • Vinyl

Outdoor Features

  • Balcony
  • Patio

Additional Features

  • Dishwasher
  • Central Heating

Listing and Financial Details

  • The owner pays for insurance, lawn maintenance
  • Assessor Parcel Number 038MC019

Community Details

Overview

  • 4 Units
  • Murphy Hills Unit 6 Subdivision

Building Details

  • Operating Expense $8,099
  • Net Operating Income $21,301

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,363

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Directions: Take I-640 to the Broadway Exit and go North. Broadway becomes Maynardville Hwy as you crest the ridge. At the Weigels turn right onto Foley Dr, left onto Burbank Circle and right onto Langston. 6745 will be on the left.
  • Prop. Type: Multi-Family
  • Year Built: 1976
  • Lot Size Acres: 0.46
  • Lot Size: 102x199
  • Subdivision Name: Murphy Hills Unit 6
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Owner Pays: Insurance, Lawn Maintenance
  • Flooring: Laminate, Carpet, Vinyl

Exterior Features

  • Exterior Features: Patio, Balcony
  • Construction Type: Brick

Utilities

  • Heating: Central
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 20000.0
  • Parcel #: 038MC019
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 29400.0
  • Property Net Operating Income: 21301.0
  • Annual Operating Expense: 8099.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
Oct 5, 2021
Sold by
Mat-Co Properties Llc
Bought by
Hernandez Consulting Firm Inc
Seller's Agent
Solange Velas
Goldman Partners Realty, LLC
Buyer's Agent
Warren Pineda
Wallace
Sold Price
$375,000
Current Estimated Value
$522,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,543
Avg. Annual Appreciation
8.52%

Purchase Details

Closed on
Oct 14, 2009
Sold by
George W Kelly Jr Family Enterprises Lp
Bought by
Mat Co Properties Llc

Purchase Details

Closed on
Dec 30, 1996
Sold by
Kelly George W
Bought by
George W Kelly Jr Family E
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hernandez Consulting Firm Inc $375,000 Crown Title
Mat Co Properties Llc $158,650 Tennessee Valley Title Insur
George W Kelly Jr Family E -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2021 10/08/21 Sold $375,000 -- $105 / 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 $2,363 $152,040 $0 $0
2023 $2,363 $152,040 $0 $0
2022 $2,363 $152,040 $0 $0
2021 $1,697 $80,040 $0 $0
2020 $1,697 $80,040 $0 $0
2019 $1,697 $80,040 $0 $0
2018 $1,697 $80,040 $0 $0
2017 $1,697 $50,025 $0 $0
2016 $1,678 $0 $0 $0
2015 $1,678 $0 $0 $0
2014 $1,678 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1166737

East Tennessee REALTORS® MLS

APN: 038MC-019