NOT LISTED FOR SALE

900 Florida Ave Unit 2 Bristol, TN 37620

Estimated Value: $206,000 - $312,000

Studio
-- Bath
2,726 Sq Ft
$89/Sq Ft Est. Value

Sale Details

Date Sold: November 3, 2023

Last sale price $195,000 $72 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,533 / mo

37 Days on Market

Highlights

  • Wood Flooring
  • Front Porch
  • Level Lot
  • No HOA
  • Double Pane Windows
  • Heating Available

About This Home

As of November 2023

GREAT INVESTMENT OPPORTUNITY IN THE HEART OF BRISTOL TN. WALKING DISTANCE TO FAIRMOUNT SCHOOL AND DOWNTOWN. THIS PROPERTY HAS BEEN WITH NEW HIGH EFFICENCY SPLIT HVAC UNITS.
PERFECT FOR YOU AND YOUR FAMILY TO LIVE IN ONE UNIT AND RENT THE OTHER. GREAT INCOME POTENTIAL UPSTAIRS 2 BEDROOM 1 BATH UNIT RENTED FOR $900 DOWNSTAIRS UNIT RENTED FOR $1,100 3 BEDROOM 2 BATH. NEARLY 100% OCCUPANCY RATE SINCE THE HVAC UPGRADES. THERE IS LAUDRY ROOM ON BOTTOM FLOOR WITH OUTSIDE ACCESS THAT BOTH TENANTS CAN USE. RENT RECORDS AVAILABLE UPON REQUEST.

Last Agent to Sell the Property

Mia Joyce Johnson

American Realty License #259956TN/0225040606VA Listed on: 09/08/2023

Last Buyer's Agent

Melanie Lavender

Coldwell Banker Security Real Estate License #TN 341295,VA 0225238868

Coldwell Banker Security Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 45x150x45x150
  • Level Lot
  • Property is in average condition

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Block Foundation
  • Plaster Walls
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,726 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Unfinished Basement
  • Walk-Out Basement
  • Range
  • Washer and Electric Dryer Hookup

Flooring

  • Wood
  • Tile
  • Vinyl

Schools

  • Fairmount Elementary School
  • Tennessee Middle School
  • Tennessee High School

Additional Features

  • Front Porch
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 021g D 020.00
  • Tax Block 75

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • FHA/VA Approved Complex

Building Details

  • Operating Expense $658,395
  • Gross Income $24,000
  • Net Operating Income $1,741,605

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Directions: MLK JR BLVD TO TAYLOR STREET RIGHT ON FLORIDA HOUSE IS ON THE RIGHT
  • Prop. Type: Residential Income
  • Year Built: 1900
  • Property Sub Type: Duplex
  • Unit Levels: Two
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 021g D 020.00
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.17
  • General Property Description Zoning2: RE
  • General Property Description Elementary School3: Fairmount
  • General Property Description Middle School2: Tennessee Middle
  • General Property Description High School3: Tennessee
  • General Property Description HOA YN: No
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 45X150X45X150
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • Flooring Tile2: Yes
  • Financing FHA: Yes
  • General Property Description Stories2: 2
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Foundation Block6: Yes
  • Location Tax Legal Info Block: 75
  • Flooring Vinyl: Yes
  • Walls Plaster: Yes
  • Property Condition Average: Yes
  • RoofAsphalt: Yes
  • General Property Description # Buildings: 1
  • General Property Description Total Units: 2
  • General Property Description Home Warranty2: No
  • Levels:Two: Yes
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator
  • Has Basement: Unfinished, Walk-Out Access
  • Flooring: Vinyl, Tile, Hardwood
  • Window Features: Double Pane Windows
  • Fireplace Features: See Remarks
  • Appliances Range: Yes
  • Basement:Walk-Out Access: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Asphalt
  • Lot Features: Level
  • Acres: 0.17
  • Home Warranty: No
  • Construction Type: Vinyl Siding, Plaster
  • Foundation Details: Block
  • Patio And Porch Features: Front Porch, Porch
  • Exterior Finish Vinyl Siding: Yes
  • Window Features:Double Pane Windows: Yes
  • PorchPatioDeck Front Porch: Yes
  • PorchPatioDeck Porch: Yes

Garage/Parking

  • Parking Features: Gravel, Parking Spaces
  • Attached Garage: No
  • Parking Features:Gravel: Yes
  • Parking Features:Parking Spaces: Yes

Utilities

  • Heating: See Remarks, Electric
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: See Remarks
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes
  • Heating:See Remarks10: Yes

Schools

  • Elementary School: Fairmount
  • High School: Tennessee
  • Middle Or Junior School: Tennessee Middle

Lot Info

  • Zoning: RE
  • Lot Dimensions: 45X150X45X150
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 021g D 020.00
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 24000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
Nov 2, 2023
Sold by
Loxodon Llc
Bought by
R & R Group Llc
Seller's Agent
Mia Joyce Johnson
American Realty
Buyer's Agent
Melanie Lavender
Coldwell Banker Security Real Estate
List Price
$230,000
Sold Price
$195,000
Premium/Discount to List
-$35,000
-15.22%
Views
1
Current Estimated Value
$243,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,306
Avg. Annual Appreciation
9.41%

Purchase Details

Closed on
Jun 3, 2022
Sold by
Gaudreau Jeremy J
Bought by
Loxodon Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2021
Sold by
Lowe Katie
Bought by
Gaudreau Jeremy J and Patel Kinjal H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2021
Sold by
Lowe Karen L
Bought by
Lowe Katie

Purchase Details

Closed on
Dec 7, 1993
Sold by
John Ihrke
Bought by
Karen Lowe
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
R & R Group Llc $195,000 Evergreen Title
R & R Group Llc $195,000 Evergreen Title
Loxodon Llc -- None Listed On Document
Loxodon Llc -- None Listed On Document
Gaudreau Jeremy J $145,000 None Available
Gaudreau Jeremy J $145,000 None Available
Lowe Katie -- None Available
Lowe Katie -- None Available
Karen Lowe $33,000 --
Karen Lowe $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Loxodon Llc $135,000
Previous Owner Gaudreau Jeremy J $108,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2023 11/03/23 Sold $195,000 -15.2% $72 / Sq Ft
10/16/2023 10/16/23 Pending -- -- --
09/08/2023 09/08/23 For Sale $230,000 -- $84 / Sq Ft
Source: Tennessee/Virginia Regional MLS

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 -- $71,800 $2,720 $69,080
2024 -- $49,720 $2,720 $47,000
2023 $2,184 $49,720 $2,720 $47,000
2022 $2,184 $49,720 $2,720 $47,000
2021 $2,184 $49,720 $2,720 $47,000
2020 $1,658 $49,720 $2,720 $47,000
2019 $1,658 $35,040 $2,720 $32,320
2018 $1,651 $35,040 $2,720 $32,320
2017 $1,651 $35,040 $2,720 $32,320
2016 $1,671 $34,640 $2,720 $31,920
2014 $1,578 $34,635 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Mia Joyce Johnson

    American Realty

    (423) 612-7653

    40 Total Sales

    Mia Joyce Johnson
    Section Image

  • M

    Buyer's Agent in 2023

    Melanie Lavender

    Coldwell Banker Security Real Estate

    (423) 282-2595

    121 Total Sales

    Melanie Lavender
    Section Image
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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9956581

Tennessee/Virginia Regional MLS

APN: 021G-D-020.00

Tennessee Sullivan County Bristol 37620

900 Florida Ave Unit 2, Bristol, TN

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