NOT LISTED FOR SALE

Estimated Value: $455,000 - $555,593

4 Beds
4 Baths
2,560 Sq Ft
$198/Sq Ft Est. Value

Last Sold November 02, 2023

Last sale price $519,900 $203 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,829/month

40 Days on Market

Highlights

  • 2.9 Acre Lot
  • Main Floor Bedroom
  • Covered Patio or Porch
  • Wood Flooring
  • Furnished
  • Walk-In Closet

About This Home

As of November 2023

This Dual Unit Duplex sits peacefully on a sprawling 2+ Acre lot, 'Peaceful Country Retreat' was rightfully named for its Serene Country Setting, yet Close to Everything in Knoxville! Turnkey operating Short Term Rental Property, Fully Furnished & Staged to perfection this Duplex presents itself as a Fully-equipped gem for the Discerning Investor. With a Remodel completed in 2020 this Property has been Totally Refreshed and Designed to the Highest Standards ensuring that every Space and Detail is just Perfect with New Kitchen, New Bathrooms, New Hardwood Flooring, New Paint throughout, New Roof and much more... Both units have Identical Floor Plans with 3BR's, 2 BA's, Living Room, Laundry Room with Washer and Dryer that convey and Stylish Kitchen fully Equipped and Stoked with Appliances, Dishes and basic necessities. Well thought out Open Floor Plan with Hardwood Floors throughout, Large Living room with High End Furniture and Specious Bedrooms, each with King Size Beds & Premium MLILY Mattresses for an Ultimate Sleep Experience. The Quiet Location is the Highlight of this property, sitting on over 2 acres, that provide a sense of Privacy and Seclusion with the Cows grazing on the field next door as your Neighbors. Investors Special, A Rare Opportunity to acquire an Income Producing Property to add to your Rental Portfolio. This Duplex performs well as a Short-Term Rental with many Happy Guests and lots of 5 Star Reviews. Beyond its current Short Term Rental Income, there is the potential to add another Duplex on the property. Great Investment Opportunity could be used as Owner Occupant after the Lease Expires, This Property generates $6000/Month from Both Units!

Last Agent to Sell the Property

Oleg Cheban

Realty Executives Associates License #317222 Listed on: 08/19/2023

Realty Executives Associates

Last Buyer's Agent

Tiffany Mays

EXIT Key Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,227

Year Built

  • Built in 2008

Lot Details

  • 2.9

Parking

  • On-Site Parking

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,560 Sq Ft Home
  • Furnished
  • Wired For Data
  • Ceiling Fan
  • Vinyl Clad Windows
  • Insulated Windows
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Schools

  • Halls Elementary And Middle School
  • Halls High School

Utilities

  • Zoned Heating and Cooling System
  • Internet Available

Additional Features

  • Covered Patio or Porch
  • 2.9 Acre Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Property Available on 8/19/23
  • The owner pays for trash collection, insurance, lawn maintenance
  • Assessor Parcel Number 028 287

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,227

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Directions: North on Maynardville Highway to Right on Old Maynardville Pike, Property on the Right.
  • Prop. Type: Multi-Family
  • Year Built: 2008
  • Lot Size Acres: 2.9
  • Lot Size: 2.9 Acres
  • General Property Description:Lot Size SqFt: 126323.0
  • Siding:Vinyl2: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Floors:Tile2: Yes
  • Misc Features:Wired for Internet: Yes
  • General Property Description:New Construction: Under Roof
  • General Property Description:Driveway: Gravel Driveway
  • Roof:Shingle: Yes
  • Type of Units:Furnished: Yes
  • Misc Features:Internet Available2: Yes
  • Property Sub-Type:Duplex: Yes
  • Sale Includes:All Furnishings: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Smoke Detector, Washer
  • Owner Pays: Trash Collection, Insurance, Lawn Maintenance
  • Flooring: Hardwood, Tile
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Other Rooms:Bedroom Main Level: Yes

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Premise Parking
  • GarageParking:On Premise Parking: Yes

Utilities

  • Cooling: Central Cooling, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 126323.0
  • Parcel #: 028 287
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2023-08-19

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2023
Closed on
Nov 2, 2023
Sold by
Cheban Oleg and Cheban Oksana
Bought by
Team King Family Trust and King
Seller's Agent
Oleg Cheban
Realty Executives Associates
Buyer's Agent
Tiffany Mays
EXIT Key Realty
List Price
$549,900
Sold Price
$519,900
Premium/Discount to List
-$30,000
-5.46%
Views
16
Current Estimated Value
$500,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,410
Avg. Annual Appreciation
-3.05%
Original Mortgage
$374,612
Outstanding Balance
$369,336
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$122,377

Purchase Details

Closed on
Sep 11, 2020
Sold by
Gombos Ovidiu Ioan and Gombos Anamaria
Bought by
Cheban Oleg and Cheban Oksana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
2.9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 3, 2016
Sold by
Roberts Leslie E and Roberts Pamala L
Bought by
Gombos Ovidiu Ioan and Gombos Anamaria

Purchase Details

Closed on
Jun 23, 2009
Sold by
Smith James A and Smith James
Bought by
Roberts Leslie E and Roberts Pamala L

Purchase Details

Closed on
Oct 9, 1998
Sold by
Smith Teresa
Bought by
Smith James

Purchase Details

Closed on
Apr 22, 1998
Sold by
Branham Elisabeth and Branham Elizabeth
Bought by
Smith James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,403
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
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
Team King Family Trust $519,900 Superior Title
Cheban Oleg $200,000 Superior T&E Llc
Gombos Ovidiu Ioan $130,000 First Priority Title Company
Roberts Leslie E $45,000 Abstract Title
Smith James -- --
Smith James A $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Team King Family Trust $374,612
Previous Owner Cheban Oleg $200,000
Previous Owner Cheban Oleg $150,000
Previous Owner Smith James A $26,403
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2023 11/02/23 Sold $519,900 -5.5% $203 / Sq Ft
09/29/2023 09/29/23 Pending -- -- --
08/19/2023 08/19/23 For Sale $549,900 0.0% $215 / Sq Ft
02/01/2021 02/01/21 Rented $1,350 -- --
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 $1,227 $78,935 $0 $0
2023 $1,227 $78,935 $0 $0
2022 $1,227 $78,935 $0 $0
2021 $1,211 $57,120 $0 $0
2020 $1,211 $57,120 $0 $0
2019 $1,211 $57,120 $0 $0
2018 $1,211 $57,120 $0 $0
2017 $1,211 $35,700 $0 $0
2016 $1,550 $0 $0 $0
2015 $1,550 $0 $0 $0
2014 $1,550 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1236834

East Tennessee REALTORS® MLS

APN: 028-287