Seller's Agent in 2023
Sherree Holt
RE/MAX
(423) 213-9635
1 in this area
101 Total Sales
705 E Elk Ave Elizabethton, TN 37643
Downtown Elizabethton NeighborhoodEstimated Value: $245,333
3
Beds
3
Baths
3,501
Sq Ft
33
Acres
Highlights
- No HOA
- Ceiling Fan
- Level Lot
- Cooling System Mounted In Outer Wall Opening
- Baseboard Heating
- 2-minute walk to Edward's Island Park
About This Home
As of November 2023Location-Location! This 3,500 sq ft building is both a business on the main floor with 1901 sq ft and 1600 sq ft for residential on 2nd level. The building is on the corner of East Elk and Academy St. The building is handicap accessible. There is a stair lift chair that will convey. The building sits across the street from the Doe River. The views and the sounds of the river are peaceful and soothing. There are many possibilities for this property. The bottom floor could easily be turned into a 2-unit dwelling with 1.5 baths already in place. The second floor has two full baths, 3 bedrooms, large living and dining combo, a den and full kitchen with all appliances conveying including the washer and dryer. The views from the second floor are beautiful. Heating includes baseboard and split heat. This lovely corner building is in the historical district of Elizabethton. The seller has been told there are grants for the building. There may be restrictions. The new owner would need to correspond with the appropriate agency. The building is in a flood zone. The owners have owned the property for approximately 20 years and they have never had any flooding from Doe River. There is beauty and worth in this property that hasn't been fully realized yet. Like the diamond in the rough it just needs some polishing and the true potential will be realized by the new owners. Lots of possibilities to earn a good income. Information taken from CRS. Information deemed reliable but not guaranteed. Buyer and Buyers agent must confirm.
Last Agent to Sell the Property
REMAX Checkmate, Inc. Realtors License #264357 Listed on: 10/11/2023
Last Buyer's Agent
Donald White
eXp Realty, LLC License #353403
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,632
Year Built
- Built in 1927
Lot Details
- Property is in average condition
Home Design
- Fixer Upper
- Composition Roof
- Built-Up Roof
- Stone Exterior Construction
- Stucco
- Stone
Interior Spaces
- 3,501 Sq Ft Home
- 2-Story Property
- Ceiling Fan
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Schools
- Harold Mccormick Elementary School
- T A Dugger Middle School
- Elizabethton High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Baseboard Heating
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 041c E 039.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 11, 2023
Closed on
Nov 15, 2023
Sold by
Tester Vella
Bought by
Roots Center Llc
Seller's Agent
Sherree Holt
REMAX Checkmate, Inc. Realtors
Buyer's Agent
Donald White
eXp Realty, LLC
List Price
$264,900
Sold Price
$222,000
Premium/Discount to List
-$42,900
-16.19%
Views
4
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,333
Avg. Annual Appreciation
5.98%
Purchase Details
Closed on
Mar 8, 2004
Sold by
Smith John H
Bought by
Tester Jack
Purchase Details
Closed on
Jun 29, 1955
Bought by
Smith Thelma and Brewer Fred W
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Roots Center Llc | $222,000 | None Listed On Document | |
| Tester Jack | $77,500 | -- | |
| Smith Thelma | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/15/2023 11/15/23 | Sold | $222,000 | -16.2% | $63 / Sq Ft |
| 10/11/2023 10/11/23 | For Sale | $264,900 | -- | $76 / Sq Ft |
Source: Tennessee/Virginia Regional MLS
Tax History Compared to Growth
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 | $1,632 | $49,440 | $7,320 | $42,120 |
| 2023 | $1,632 | $49,440 | $0 | $0 |
| 2022 | $1,780 | $49,440 | $7,320 | $42,120 |
| 2021 | $1,004 | $49,440 | $7,320 | $42,120 |
| 2020 | $1,792 | $49,440 | $7,320 | $42,120 |
| 2019 | $1,792 | $41,480 | $7,320 | $34,160 |
| 2018 | $1,767 | $41,480 | $7,320 | $34,160 |
| 2017 | $1,767 | $41,480 | $7,320 | $34,160 |
| 2016 | $1,758 | $41,480 | $7,320 | $34,160 |
| 2015 | $1,763 | $41,480 | $7,320 | $34,160 |
| 2014 | $1,717 | $40,200 | $7,320 | $32,880 |
Source: Public Records
Agents Affiliated with this Home
-
-
D
Buyer's Agent in 2023
Donald White
eXp Realty, LLC
Map
Source: Tennessee/Virginia Regional MLS
MLS Number: 9957948
APN: 041C-E-039.00
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