NOT LISTED FOR SALE

901 Flanders Ln Unit 1 Knoxville, TN 37919

Estimated Value: $586,000 - $687,722

9 Beds
8 Baths
3,456 Sq Ft
$179/Sq Ft Est. Value

Last Sold March 07, 2016

Last sale price $210,000 $61 Per Sq Ft

Est. 194% increase in value since last sale

Current estimated payment $3,750/month

99 Days on Market

Highlights

  • Deck
  • Patio
  • Carpet
  • Rocky Hill Elementary School Rated A-
  • Zoned Heating System

About This Home

As of March 2016

Brick Fourplex in Great West Knoxville Location, just west of West Town Mall. This property offers spacious one level living with two bedroom and 1.5 bath floor plans. These units feature excellent amenities including central heat/air, washer/dryer connections, stoves, refrigerators & dishwashers. The tenants pay all the utilities, including water/sewer charges. This fourplex is well located with easy access to Interstate I-40, and is a 15 minute drive to downtown or the University of TN. An excellent long term investment, and suitable for an owner-occupant. Favorable interest rates and the scarcity of and the demand for west Knoxville multifamily investments make this a rare find. Square footage is from tax records, is not guaranteed, & should be verified.

Last Agent to Sell the Property

Solange Velas

Goldman Partners Realty, LLC License #263596 Listed on: 08/11/2015

Last Buyer's Agent

Wayne Rutherford

Crye-Leike Realtors-Athens

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,099

Year Built

  • Built in 1972

Lot Details

  • 0.34

Home Design

  • 3,456 Sq Ft Home
  • Brick Exterior Construction

Flooring

  • Carpet
  • Vinyl

Outdoor Features

  • Deck
  • Patio

Additional Features

  • Dishwasher
  • Lot Dimensions are 100 x 150
  • Zoned Heating System

Listing and Financial Details

  • The owner pays for taxes, insurance, lawn maintenance
  • Assessor Parcel Number 120oa010

Community Details

Overview

  • 4 Units
  • Country Day Estates Ut 1 Subdivision

Building Details

  • Operating Expense $8,635
  • Net Operating Income $17,365

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,099

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Directions: From Kingston Pike, turn South on Montvue Road, then right on Gleason. Turn left on Beaverton, then right on Elderberry. Turn left immediately onto Flanders Lane. Property is on the right. No sign.
  • Prop. Type: Multi-Family
  • Year Built: 1972
  • Lot Size: 100 x 150
  • Subdivision Name: Country Day Estates Ut 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Owner Pays: Taxes, Insurance, Lawn Maintenance
  • Flooring: Carpet, Vinyl

Exterior Features

  • Exterior Features: Patio, Deck
  • Construction Type: Brick

Utilities

  • Heating: Central
  • Heating Yn: Yes

Lot Info

  • Parcel #: 120oa010

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 28800.0
  • Property Net Operating Income: 17365.0
  • Annual Operating Expense: 8635.0

Tax Info

  • Tax Annual Amount: 2098.79

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2025
Sold by
Kumar Robby
Bought by
Misty Mountain Holdings Llc
Current Estimated Value
$617,681

Purchase Details

Closed on
Oct 27, 2021
Sold by
Cheema Rajpaul
Bought by
Kumar Robby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 10, 2021
Sold by
Hodges Jason P
Bought by
Cheema Rajpaul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Aug 11, 2015
Closed on
Mar 7, 2016
Sold by
Wilhoite Hal E and Wilhoite Mary Linda
Bought by
Hodges Jason P
Seller's Agent
Solange Velas
Goldman Partners Realty, LLC
Buyer's Agent
Solange Velas
Goldman Partners Realty, LLC
Sold Price
$210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.22%
Original Mortgage
$178,500
Interest Rate
3.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 13, 2008
Sold by
Aboush Fadi and Al Alami Salma
Bought by
Wilhoite Hal E and Wilhoite Mary Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 2005
Sold by
Lewis Pamela P
Bought by
Aboush Fadi and Al Alami Salma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 2004
Sold by
Pratt Walter D
Bought by
Lewis Pamela P
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
Misty Mountain Holdings Llc $601,500 Melrose Title
Kumar Robby $360,000 None Available
Cheema Rajpaul $348,000 Tennessee Title Services Llc
Hodges Jason P $210,000 None Available
Wilhoite Hal E $200,000 Title Assoc Of Knoxville
Aboush Fadi $190,000 --
Lewis Pamela P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kumar Robby $270,000
Previous Owner Cheema Rajpaul $261,000
Previous Owner Hodges Jason P $178,500
Previous Owner Wilhoite Hal $120,800
Previous Owner Wilhoite Hal E $150,000
Previous Owner Aboush Fadi $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2016 03/07/16 Sold $210,000 -- $61 / Sq Ft
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
2024 $4,413 $118,960 $0 $0
2023 $4,413 $118,960 $0 $0
2022 $4,413 $118,960 $0 $0
2021 $4,023 $87,760 $0 $0
2020 $4,023 $87,760 $0 $0
2019 $4,023 $87,760 $0 $0
2018 $4,023 $87,760 $0 $0
2017 $4,023 $54,850 $0 $0
2016 $3,885 $0 $0 $0
2015 $3,885 $0 $0 $0
2014 $3,885 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Solange Velas

    Seller's Agent in 2016

    Solange Velas

    Goldman Partners Realty, LLC

    (865) 444-3240

    152 Total Sales

    Section Image

  • W

    Buyer's Agent in 2016

    Wayne Rutherford

    Crye-Leike Realtors-Athens

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 936352

East Tennessee REALTORS® MLS

APN: 120OA-010

Tennessee Knox County Knoxville 37919

901 Flanders Ln Unit 1, Knoxville, TN

This home is located at 901 Flanders Ln Unit 1, Knoxville, TN 37919 since 11 August 2015 and is currently estimated at $617,681, approximately $178 per square foot. This property was built in 1972. 901 Flanders Ln Unit 1 is a home located in Knox County with nearby schools including Rocky Hill Elementary School, Bearden Middle School, and Bearden High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

East Tennessee REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.

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