NOT LISTED FOR SALE

800 Broyles Ave Erwin, TN 37650

Estimated Value: $2,841,569 - $4,123,000

-- Bed
40 Baths
1,000 Sq Ft
$3,464/Sq Ft Est. Value

Last Sold December 14, 2021

Last sale price $2,350,000 $2,350 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $19,955/month

Highlights

  • 4.41 Acre Lot
  • Level Lot
  • Wood Siding
  • Central Heating and Cooling System

About This Home

As of December 2021

Sold before print.

Last Agent to Sell the Property

MICHAEL BAKER

Greater Impact Realty Jonesborough License #333409 Listed on: 12/14/2021

Last Buyer's Agent

ALEX COOLEY

KW Johnson City License #337588

KW Johnson City

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 4.41 Acre Lot
  • Level Lot
  • Property is in good condition

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 1,000 Sq Ft Home
  • 2-Story Property

Schools

  • Love Chapel Elementary School
  • Unicoi Co Middle School
  • Unicoi Co High School

Utilities

  • Central Heating and Cooling System

Community Details

  • 10 Buildings
  • 40 Units

Listing and Financial Details

  • Assessor Parcel Number 031g C 027.01 000

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Directions: Corner of Broyles & Jackson love Highway
  • Prop. Type: Residential Income
  • Year Built: 1976
  • Property Sub Type: Multi-Family
  • Unit Levels: Two, One
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 031g C 027.01 000
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 4.41
  • General Property Description Zoning2: R2
  • General Property Description Elementary School3: Love Chapel
  • General Property Description Middle School2: Unicoi Co
  • General Property Description High School3: Unicoi Co
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • General Property Description Lot Dimensions: irr
  • AC Central Air: Yes
  • TopographyLot Description Level2: Yes
  • General Property Description # Buildings: 10
  • General Property Description Total Units: 40
  • General Property Description Home Warranty2: No
  • Levels:Two: Yes
  • Levels One: Yes
  • Special Features: None

Exterior Features

  • Property Condition: Above Average
  • Lot Features: Level
  • Acres: 4.41
  • Home Warranty: No
  • Construction Type: Brick, Wood Siding
  • Exterior Finish Wood Siding: Yes
  • Exterior Finish Brick4: Yes

Utilities

  • Heating: Central
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Schools

  • Elementary School: Love Chapel
  • High School: Unicoi Co
  • Middle Or Junior School: Unicoi Co

Lot Info

  • Zoning: R2
  • Lot Dimensions: irr
  • Lot Size Sq Ft: 192099.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 031g C 027.01 000
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2024
Sold by
Bakshi Brijmohan
Bought by
Sai Investments Llc
Current Estimated Value
$3,463,523

Purchase Details

Listed on
Dec 14, 2021
Closed on
Dec 14, 2021
Sold by
Capitol Amusements In
Bought by
Bakshi Brijmohan
Seller's Agent
MICHAEL BAKER
Greater Impact Realty Jonesborough
Buyer's Agent
ALEX COOLEY
KW Johnson City
List Price
$2,350,000
Sold Price
$2,350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.05%
Original Mortgage
$1,762,500
Interest Rate
3.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 17, 2006
Sold by
Capitol Amusements Inc Eta
Bought by
Holiday House Apartments Llc

Purchase Details

Closed on
Jan 9, 2006
Sold by
Holiday House Apartments L
Bought by
Capitol Amusements Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sai Investments Llc -- None Listed On Document
Sai Investments Llc -- None Listed On Document
Bakshi Brijmohan $2,350,000 None Available
Holiday House Apartments Llc -- --
Capitol Amusements Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bakshi Brijmohan $1,762,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2021 12/14/21 Sold $2,350,000 0.0% $2,350 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
12/14/2021 12/14/21 For Sale $2,350,000 -- $2,350 / Sq Ft
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
2025 $22,339 $855,720 $62,640 $793,080
2024 $22,339 $855,720 $62,640 $793,080
2023 $22,339 $855,720 $0 $0
2022 $33,388 $855,720 $62,640 $793,080
2021 $20,403 $432,640 $79,040 $353,600
2020 $19,667 $432,640 $79,040 $353,600
2019 $19,667 $432,640 $79,040 $353,600
2018 $17,936 $432,640 $79,040 $353,600
2017 $17,871 $432,640 $79,040 $353,600
2016 $19,108 $466,760 $79,280 $387,480
2015 $17,566 $466,760 $0 $0
2014 $17,566 $466,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    MICHAEL BAKER

    Greater Impact Realty Jonesborough

  • A

    Buyer's Agent in 2021

    ALEX COOLEY

    KW Johnson City

    (423) 723-9530

    3 in this area

    156 Total Sales

    ALEX COOLEY
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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9932014

Tennessee/Virginia Regional MLS

APN: 031G-C-02701-000

Tennessee Unicoi County Erwin 37650

800 Broyles Ave, Erwin, TN

Not Listed for Sale

MultiFamily

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