NOT LISTED FOR SALE

7609 Alki Ln Unit 1 Knoxville, TN 37919

Hickory Hills Neighborhood

Estimated Value: $368,000 - $559,000

4 Beds
4 Baths
2,208 Sq Ft
$211/Sq Ft Est. Value

Last Sold October 31, 2013

Last sale price $185,000 $84 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $2,544/month

Highlights

  • Wood Flooring
  • Rocky Hill Elementary School Rated A-
  • Central Heating

About This Home

As of October 2013

GREAT OPPORTUNITY TO OWN IN ROCKY HILL. TWO 3 BEDROOM 2 BATH UNITS WITH UNFINISHED BASEMENTS. EACH SIDE HAS 2 CAR (TANDEM) GARAGE IN UNFINISHED BASEMENTS. BOTH ARE CURRENTLY RENTED FOR $895. GREAT LOCATION-GOOD INVESTMENT!

Last Agent to Sell the Property

Ted Fisher

Realty Executives Associates Listed on: 01/14/2013

Last Buyer's Agent

Ted Fisher

Realty Executives Associates License #311235

Realty Executives Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,038

Year Built

  • Built in 2002

Lot Details

  • 0.27

Home Design

  • 2,208 Sq Ft Home
  • Vinyl Siding

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Additional Features

  • Lot Dimensions are 144.07x111.30
  • Central Heating

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for taxes, insurance, lawn maintenance
  • Assessor Parcel Number 133FE006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,038

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Directions: E ON KINGSTON PIKE TO R ON MORRELL (NEXT TO WESTTOWN MALL) TO R ON ALKI. NO SIGN. 24 HRS NEEDED TO SHOW-TENANTS.
  • Prop. Type: Multi-Family
  • Year Built: 2002
  • Lot Size: 144.07X111.30
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator
  • Owner Pays: Taxes, Insurance, Lawn Maintenance
  • Flooring: Hardwood, Carpet, Vinyl

Exterior Features

  • Construction Type: Vinyl Siding

Utilities

  • Heating: Central
  • Heating Yn: Yes

Lot Info

  • Parcel #: 133FE006

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 21480.0

Tax Info

  • Tax Annual Amount: 2038.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2013
Closed on
Oct 31, 2013
Sold by
West Ridge Llc
Bought by
Luftman Eric and Luftman Lauren
Seller's Agent
Ted Fisher
Realty Executives Associates
Buyer's Agent
Ted Fisher
Realty Executives Associates
Sold Price
$185,000
Current Estimated Value
$465,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,674
Avg. Annual Appreciation
7.98%
Original Mortgage
$148,000
Outstanding Balance
$37,726
Interest Rate
4.33%
Mortgage Type
New Conventional
Estimated Equity
$427,948

Purchase Details

Closed on
Jun 23, 2004
Sold by
Babcock Jonathan
Bought by
West Ridge Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,500
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 2004
Sold by
Groce Billy W
Bought by
Babcock Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,500
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2002
Sold by
Kirk Joseph B and Kirk Melinda B
Bought by
Groce Billy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2000
Sold by
Kirk Joseph B and Kirk Helen W
Bought by
Kirk Joseph B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.34%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 8, 2000
Sold by
Shafer Alexander C
Bought by
Kirk Joseph B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.34%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 3, 1998
Sold by
Schmitt Alma P
Bought by
Shafer Alexander C
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
Luftman Eric $185,000 None Available
West Ridge Llc -- Title Professionals Inc
Babcock Jonathan $196,500 Title Professionals Inc
Groce Billy W $195,000 Express Title & Closing Agen
Kirk Joseph B -- --
Kirk Joseph B $19,000 --
Shafer Alexander C $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luftman Eric $148,000
Previous Owner Babcock Jonathan $156,500
Previous Owner Groce Billy W $185,250
Previous Owner Kirk Joseph B $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2013 10/31/13 Sold $185,000 -- $84 / 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
2025 $1,129 $72,650 $0 $0
2024 $2,695 $72,650 $0 $0
2023 $2,695 $72,650 $0 $0
2022 $2,695 $72,650 $0 $0
2021 $2,887 $62,975 $0 $0
2020 $2,887 $62,975 $0 $0
2019 $2,887 $62,975 $0 $0
2018 $2,887 $62,975 $0 $0
2017 $2,887 $62,975 $0 $0
2016 $2,649 $0 $0 $0
2015 $2,649 $0 $0 $0
2014 $2,649 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2013

    Ted Fisher

    Realty Executives Associates

See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 827911

East Tennessee REALTORS® MLS

APN: 133FE-006

Tennessee Knox County Knoxville 37919 Hickory Hills

7609 Alki Ln Unit 1, Knoxville, TN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

East Tennessee REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.

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