Estimated payment $20,943/month
Highlights
- 2.22 Acre Lot
- Tile Flooring
- Level Lot
- No HOA
- Central Heating and Cooling System
About This Home
Presenting Liberty Estates Apartments located at 80 Jones Road, Erwin, TN 37650. The property is located within 15 minutes of Downtown Johnson City and East Tennessee State University. This 45-unit multifamily property consists of eighteen 2 bed / 1.5 bath units, seventeen 1 bed / 1 bath units, nine 2 bed / 1 bath units, and one 3 bed / 2 bath unit. Fifteen units have washer / dryer hookups, while the remaining units have access to the on-sire laundry room. In addition, tenants pay all their utilities.
Listing Agent
Kevin Tipton
SVN, Wood Properties License #275491 Listed on: 06/20/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1972
Lot Details
- 2.22 Acre Lot
- Level Lot
Home Design
- Brick Exterior Construction
- Shingle Roof
Flooring
- Laminate
- Tile
- Vinyl
Schools
- Love Chapel Elementary School
- Unicoi Co Middle School
- Unicoi Co High School
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 031g A 039.00
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,693 | $141,480 | $22,000 | $119,480 |
| 2024 | $3,693 | $141,480 | $22,000 | $119,480 |
| 2023 | $3,693 | $141,480 | $0 | $0 |
| 2022 | $5,520 | $141,480 | $22,000 | $119,480 |
| 2021 | $6,142 | $130,240 | $22,000 | $108,240 |
| 2020 | $5,920 | $130,240 | $22,000 | $108,240 |
| 2019 | $5,920 | $130,240 | $22,000 | $108,240 |
| 2018 | $5,399 | $130,240 | $22,000 | $108,240 |
| 2017 | $5,380 | $130,240 | $22,000 | $108,240 |
| 2016 | $5,510 | $134,600 | $21,960 | $112,640 |
| 2015 | $5,066 | $134,600 | $0 | $0 |
| 2014 | $5,066 | $134,600 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/10/2025 10/10/25 | Sold | $3,750,000 | -5.1% | $119 / Sq Ft | View Prior Sale |
| 08/12/2025 08/12/25 | Pending | -- | -- | -- | |
| 07/04/2025 07/04/25 | Price Changed | $3,950,000 | -1.3% | $126 / Sq Ft | |
| 06/20/2025 06/20/25 | For Sale | $4,000,000 | 0.0% | $127 / Sq Ft | |
| 06/12/2025 06/12/25 | Pending | -- | -- | -- | |
| 06/09/2025 06/09/25 | For Sale | $4,000,000 | -- | $127 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $3,750,000 | None Listed On Document | |
| Warranty Deed | $2,600,000 | Shults & Shults | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Warranty Deed | $605,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,950,000 | Credit Line Revolving |
Source: Tennessee/Virginia Regional MLS
MLS Number: 9981968
APN: 031G-A-03900-000
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