NOT LISTED FOR SALE

Estimated Value: $556,000

-- Bed
5 Baths
-- Sq Ft
175 Acres

Last Sold February 28, 2019

Last sale price $300,000

Est. 85% increase in value since last sale

Current estimated payment $3,559/month

116 Days on Market

Highlights

  • Creek or Stream View
  • Traditional Architecture
  • 2 Car Garage
  • North Side Elementary School Rated A-
  • Wood Flooring
  • Front Porch

About This Home

As of February 2019

Fully occupied brick apartment building with tons of character and lots of updates. Architectural shingle roof installed in 2013 and gas furnace installed in 2017. Beautiful architecture and grounds have been meticulously maintained. 2 car drive under garage goes with the largest unit and all other units have one designated carport slip. Owner pays gas and water, tenants pay electric. Units 1,2,3 are very spacious 2 bedroom, 1 bathroom, living room, office, dining room, and kitchen. Unit 4 is a 3 bedroom, 2.5 bathroom with approximately 2,000 square feet. Unit 5 is a 1 bedroom, 1 bathroom, spacious living room, dining room, and kitchen. Hardwood floors in excellent condition. Park like grounds.

Last Agent to Sell the Property

CC MILHORN

KW Johnson City License #290396 Listed on: 09/28/2018

Co-Listed By

Andy Baxter

KW Johnson City License #286038

Last Buyer's Agent

CC MILHORN

KW Johnson City License #290396 Listed on: 09/28/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,258

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 175 x140
  • Landscaped
  • Property is in good condition

Parking

  • 2 Car Garage
  • 3 Carport Spaces

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Creek or Stream Views
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet

Outdoor Features

  • Patio
  • Front Porch

Schools

  • North Side Elementary School
  • Indian Trail Middle School
  • Science Hill High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 046 E B018.00

Community Details

Overview

  • Carnegie Land Co Subdivision

Building Details

  • Utility Expense $8,200
  • Gross Income $39,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,258

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Directions: I-26 to East Unaka. No sign on property
  • Prop. Type: Residential Income
  • Year Built: 1910
  • Garage Carport Spaces: 3
  • Garage Garage Spaces: 2
  • Property Sub Type: Multi-Family
  • Co List Office Mls Id: 612
  • Co List Office Phone: 423-433-6500
  • Subdivision Name: Carnegie Land Co
  • Architectural Style: Traditional
  • Unit Levels: Two
  • New Construction: No
  • Excluded From Sale A C Window Units: Yes
  • Special Features: None

Interior Features

  • Appliances: Other, See Remarks
  • Has Basement: Full
  • Flooring: Carpet, Hardwood
  • Full Basement: Yes
  • Appliances:Other2: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Shingle
  • View: Creek/Stream
  • Construction Type: Brick
  • Patio And Porch Features: Front Patio, Front Porch, Porch

Garage/Parking

  • Parking Features: Attached, Detached, Other, See Remarks
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Other13: Yes
  • Parking Features:See Remarks22: Yes
  • Parking Features:Detached: Yes

Utilities

  • Heating: Natural Gas, Forced Air
  • Sewer: Public Sewer
  • Cooling: Central Air, Window Unit(s), Other, See Remarks
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas2: Yes
  • Heating:Forced Air: Yes

Association/Amenities

  • AmenitiesLandscaping: Yes

Schools

  • Elementary School: North Side
  • High School: Science Hill
  • Middle Or Junior School: Indian Trail

Lot Info

  • Zoning: Commercial
  • Lot Dimensions: 175 x140
  • Parcel #: 046 E B018.00

Multi Family

  • Annual Gross Income: 39900.0
  • Vacancy Allowance Rate: 5.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2018
Closed on
Feb 25, 2019
Sold by
Unaka Realty Company Inc
Bought by
Andrade Roy M
Seller's Agent
CC MILHORN
KW Johnson City
Buyer's Agent
CC MILHORN
KW Johnson City
List Price
$399,900
Sold Price
$300,000
Premium/Discount to List
-$99,900
-24.98%
Total Days on Market
116
Current Estimated Value
$556,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,000
Avg. Annual Appreciation
13.89%
Original Mortgage
$305,663
Outstanding Balance
$273,549
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$404,451

Purchase Details

Closed on
Jul 12, 1982
Bought by
Unaka Realty Co Inc %Helen H Wofford
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
Andrade Roy M $300,000 Classic Title Ins Co Inc
Unaka Realty Co Inc %Helen H Wofford $82,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andrade Roy M $305,663
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2019 02/28/19 Sold $300,000 -25.0% --
01/23/2019 01/23/19 Pending -- -- --
09/28/2018 09/28/18 For Sale $399,900 -- --
Source: Tennessee/Virginia Regional 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 $5,258 $307,480 $31,520 $275,960
2022 $3,154 $146,720 $28,360 $118,360
2021 $5,693 $146,720 $28,360 $118,360
2020 $5,663 $146,720 $28,360 $118,360
2019 $3,783 $146,720 $28,360 $118,360
2018 $6,787 $158,960 $20,800 $138,160
2017 $6,787 $158,960 $20,800 $138,160
2016 $6,756 $158,960 $20,800 $138,160
2015 $5,722 $158,960 $20,800 $138,160
2014 $5,722 $158,960 $20,800 $138,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 413173

Tennessee/Virginia Regional MLS

APN: 046E-B-018.00