$415,000
SOLD JAN 31, 2025

900 Mulberry St Loudon, TN 37774

-- Bed
-- Bath
-- Sq Ft
0.47 Acres

Recently Sold

17% Below List Price

26 Days on Market

About This Home

As of January 2025

900 Mulberry St in Loudon presents a prime investment opportunity. The property includes three, fully occupied, street-facing retail spaces with excellent visibility, consisting of a tint shop, massage and bodywork business, and a tattoo parlor. Above the retail spaces, there's a spacious 2 bed/1 bath apartment, also occupied, offering additional rental income potential or owner-occupied living. In the rear, a flexible space is available, ideal for an office or additional retail. Located in a growing area with solid foot traffic and easy access to downtown, this mixed-use property has plenty of upside for investors looking for a versatile space.

Last Agent to Sell the Property

Ford Collier

SVN I Wood Properties License #373873 Listed on: 10/18/2024

SVN I Wood Properties

Co-Listed By

Kevin Tipton

P.W.A. & Company, LLC License #275491

Last Buyer's Agent

Non Member Non Member

Non-Member Office

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,865

Year Built

  • Built in 1975

Parking

  • Driveway
  • On-Site Parking

Additional Features

  • Lot Dimensions are 125x165
  • Central Heating and Cooling System

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 041H M 011.00

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,865

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Directions: From Grove Street, turn left onto Mulberry St (US-11 S). Go fro 0.8mil. Property is on the right.
  • Prop. Type: Multi-Family
  • Year Built: 1975
  • Lot Size: 125x165
  • Co List Office Mls Id: 219
  • Cooling:Central Cooling: Yes
  • Heat:Central: Yes
  • General Property Description:Driveway: Paved
  • Property Sub-Type:Apartment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Other Rooms:Other27: Yes

Exterior Features

  • Construction Type: Other
  • Construction:Other7: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Premise Parking
  • GarageParking:On Premise Parking: Yes

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Other
  • Heating Yn: Yes

Lot Info

  • Parcel #: 041H M 011.00

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 1864.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2024
Closed on
Jan 31, 2025
Sold by
Integrity First Rei Llc
Bought by
Dhj Properties Llc
Seller's Agent
Ford Collier
SVN I Wood Properties
Buyer's Agent
Non Member Non Member
Non-Member Office
List Price
$500,000
Sold Price
$415,000
Premium/Discount to List
-$85,000
-17%
Views
10
Current Estimated Value
$438,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,064

Purchase Details

Closed on
Jun 7, 2021
Sold by
Thompson David R and Thompson Almeda R
Bought by
Integrity First Rei Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
2.9%
Mortgage Type
Seller Take Back
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 Type Sale Price Title Company
Warranty Deed $415,000 Crossland Title Inc
Warranty Deed $415,000 Crossland Title Inc
Warranty Deed $200,000 Admiral Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $185,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Sold $415,000 -7.7% --
11/13/2024 11/13/24 Pending -- -- --
11/04/2024 11/04/24 Price Changed $449,500 -10.1% --
10/18/2024 10/18/24 For Sale $500,000 -- --
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 $1,260 $68,360 $26,320 $42,040
2023 $1,865 $71,240 $0 $0
2022 $1,865 $71,240 $29,200 $42,040
2021 $1,865 $71,240 $29,200 $42,040
2020 $1,905 $71,240 $29,200 $42,040
2019 $1,905 $62,680 $22,480 $40,200
2018 $1,868 $62,680 $22,480 $40,200
2017 $1,868 $62,680 $22,480 $40,200
2016 $2,081 $68,560 $32,320 $36,240
2015 $2,081 $68,560 $32,320 $36,240
2014 $2,081 $68,560 $32,320 $36,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1279903

East Tennessee REALTORS® MLS

APN: 041H-M-011.00