NOT LISTED FOR SALE

7950 W Andrew Johnson Hwy Unit javas Mosheim, TN 37818

Estimated Value: $1,737,021 - $2,169,000

-- Bed
28 Baths
-- Sq Ft
3.7 Acres

Last Sold March 19, 2013

Last sale price $852,000

Est. 126% increase in value since last sale

Current estimated payment $11,496/month

173 Days on Market

Highlights

  • Cooling Available
  • Combination Kitchen and Dining Room
  • Heat Pump System

About This Home

As of March 2013

Great investment property ! On-site laundry room and office. All units have heat pumps. All units have been painted and flooring has been replaced in most units. Great community of existing tenants. Minutes from Hwy 81.

Last Agent to Sell the Property

Debbie Wilson

Parrish Realty Listed on: 08/28/2012

Last Buyer's Agent

RHONDA KRENZER

REMAX Real Estate Ten of Morristown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,219

Year Built

  • Built in 1986

Lot Details

  • 3.7 Acre Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Combination Kitchen and Dining Room

Schools

  • Mosheim Elementary And Middle School
  • West Greene High School

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • 3 Buildings

Listing and Financial Details

  • Assessor Parcel Number 091.09

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,219

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Directions: Take 11E toward Mosheim. Building on right just after Mosheim Volunteer Fire Department and at driveway to Gilley's Western store.
  • Prop. Type: Residential Income
  • Year Built: 1986
  • Property Sub Type: Multi-Family
  • Unit Levels: Two
  • Location Tax Legal Info Parcel ID: 091.09
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • General Property Description Acres: 3.7
  • General Property Description Zoning2: Commercial
  • General Property Description Elementary School3: Mosheim
  • General Property Description Middle School2: Mosheim
  • General Property Description High School3: West Greene
  • General Property Description Lot Dimensions: 0
  • Appliances Refrigerators: Yes
  • AC Heat Pump3: Yes
  • Interior Features KitchenDining Combo: Yes
  • General Property Description # Buildings: 3
  • Levels:Two: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator
  • Interior Amenities: Kitchen/Dining Combo

Exterior Features

  • Acres: 3.7
  • Construction Type: Brick
  • Exterior Finish Brick4: Yes

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes

Schools

  • Elementary School: Mosheim
  • High School: West Greene
  • Middle Or Junior School: Mosheim

Lot Info

  • Zoning: Commercial
  • Lot Dimensions: 0
  • Lot Size Sq Ft: 161172.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 091.09
  • ResoLotSizeUnits: Acres

Multi Family

  • Vacancy Allowance Rate: 7.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2021
Sold by
Opm Holdings Llc
Bought by
Gulab Investments
Current Estimated Value
$1,928,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Outstanding Balance
$879,188
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$1,051,442

Purchase Details

Listed on
Aug 28, 2012
Closed on
Apr 8, 2013
Sold by
Harrison Charles J
Bought by
Opm Holdings Llc and C/O Krenren Property Managemen
Seller's Agent
Debbie Wilson
Parrish Realty
Buyer's Agent
RHONDA KRENZER
REMAX Real Estate Ten of Morristown
List Price
$939,900
Sold Price
$852,000
Premium/Discount to List
-$87,900
-9.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.82%
Original Mortgage
$852,000
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 28, 2012
Closed on
Mar 15, 2013
Sold by
Brooks Donnie
Bought by
Harrison Charles J
Seller's Agent
Debbie Wilson
Parrish Realty
Buyer's Agent
RHONDA KRENZER
REMAX Real Estate Ten of Morristown
List Price
$939,900
Sold Price
$852,000
Premium/Discount to List
-$87,900
-9.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$852,000
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 9, 2010
Sold by
Laurel Valley Ltd
Bought by
Brooks Donnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
4.39%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 1, 1985
Bought by
Laurel Valley Ltd
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
Gulab Investments $1,200,000 None Available
Opm Holdings Llc -- --
Harrison Charles J $852,000 --
Brooks Donnie $451,000 --
Laurel Valley Ltd $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gulab Investments $960,000
Previous Owner Opm Holdings Llc $760,000
Previous Owner Harrison Charles J $852,000
Previous Owner Brooks Donnie $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2013 03/19/13 Sold $852,000 -9.4% --
02/18/2013 02/18/13 Pending -- -- --
08/28/2012 08/28/12 For Sale $939,900 -- --
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 $11,219 $679,920 $34,160 $645,760
2023 $11,219 $679,920 $0 $0
2022 $10,561 $524,240 $27,880 $496,360
2021 $10,561 $524,240 $27,880 $496,360
2020 $10,561 $524,240 $27,880 $496,360
2019 $10,561 $524,240 $27,880 $496,360
2018 $10,561 $524,240 $27,880 $496,360
2017 $10,168 $515,320 $27,960 $487,360
2016 $9,652 $515,320 $27,960 $487,360
2015 $9,652 $515,320 $27,960 $487,360
2014 $9,652 $515,320 $27,960 $487,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 324357

Tennessee/Virginia Regional MLS

APN: 084-091.09