NOT LISTED FOR SALE

Estimated Value: $576,000 - $634,000

8 Beds
4 Baths
5,656 Sq Ft
$109/Sq Ft Est. Value

Last Sold January 10, 2018

Last sale price $265,000 $47 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $3,544/month

6 Days on Market

Highlights

  • Balcony
  • Patio
  • Carpet
  • Walk-In Closet
  • Central Heating and Cooling System

About This Home

As of January 2018

Rare West Knox Fourplex- Strong Cashflow-Well Maintained by Hands on Owners.These spacious townhouse style apts have excellent amenities including central HVAC, dishwashers, washer/dryer hookups and large fenced patios. Upgrades include new roof and HVAC systems in 2010 and Ramjet foundation repair in 2015 with full lifetime transferable warranty. Excellent cashflow, county only taxes, generous floor plans and tenant paid utilities help make this fourplex a perfect investment for owner occupants or new investors. Square footage is from tax records, is not guaranteed and should be verified.

Last Agent to Sell the Property

Solange Velas

Goldman Partners Realty, LLC License #263596 Listed on: 11/07/2017

Last Buyer's Agent

Raj Cheema

Exit Realty The Anderson Group SP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,637

Year Built

  • Built in 1978

Lot Details

  • 10,523

Home Design

  • 5,656 Sq Ft Home
  • Quadruplex
  • Frame Construction
  • Stone Siding
  • Vinyl Siding

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Parking

  • Driveway
  • On-Street Parking
  • On-Site Parking

Outdoor Features

  • Balcony
  • Patio

Additional Features

  • Walk-In Closet
  • Washer and Dryer Hookup
  • 10,523 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • The owner pays for trash collection, taxes, insurance, lawn maintenance
  • Assessor Parcel Number 119ga011

Community Details

Overview

  • 4 Units
  • Creekwood Sub Unit 1 Subdivision

Building Details

  • Operating Expense $11,852
  • Net Operating Income $20,008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,637

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Directions: Take Ceder Bluff North of I-40 to right on Fox Lonas, right on Park Village and first left on to Woodpark Ln. Property is at the end in the culdesac on lower access road. No sign on property.
  • Prop. Type: Multi-Family
  • Year Built: 1978
  • Lot Size Acres: 0.24
  • Lot Size: 114m x 120 x irr
  • Subdivision Name: Creekwood Sub Unit 1
  • General Property Description:Lot Size SqFt: 10523.0
  • Siding:Vinyl2: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Siding:Stone3: Yes
  • General Property Description:Driveway: Paved
  • Property Sub-Type:Four Plex: Yes
  • Miscellaneous:WasherDryer Cnctns: Yes
  • Miscellaneous:Balcony2: Yes
  • Miscellaneous:Patio2: Yes
  • Type of Units:Townhouse: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator
  • Owner Pays: Trash Collection, Taxes, Insurance, Lawn Maintenance
  • Flooring: Carpet, Vinyl, Other
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Other Rooms:Other27: Yes

Exterior Features

  • Exterior Features: Patio, Balcony
  • Construction Type: Stone, Vinyl Siding, Frame
  • Construction:Frame: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Premise Parking, On-Street Parking
  • GarageParking:On-Street Parking: Yes
  • GarageParking:On Premise Parking: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 10523.0
  • Parcel #: 119ga011
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 35400.0
  • Property Net Operating Income: 20008.0
  • Annual Operating Expense: 11852.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2024
Sold by
Kumar Robby
Bought by
Knob Creek Road Llc
Current Estimated Value
$614,849

Purchase Details

Listed on
Nov 7, 2017
Closed on
Jan 10, 2018
Sold by
Hobbs Properties Llc
Bought by
Kumar Robby
Seller's Agent
Solange Velas
Goldman Partners Realty, LLC
Buyer's Agent
Raj Cheema
Exit Realty The Anderson Group SP
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.61%
Original Mortgage
$185,500
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2011
Sold by
Apple Jody L and Apple Evelyn H
Bought by
Hobbs Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2010
Sold by
Moges David F and Moges Maggie
Bought by
Herman Petru and Herman Florica

Purchase Details

Closed on
Sep 28, 2000
Sold by
Marchael Realty Llc
Bought by
Moges David F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.92%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 22, 1997
Sold by
Michael Baumgartner
Bought by
Gisela Baumgartner

Purchase Details

Closed on
Jul 29, 1994
Sold by
Octavien Estil
Bought by
Michael Baumgartner
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
Knob Creek Road Llc $600,000 None Listed On Document
Knob Creek Road Llc $600,000 None Listed On Document
Kumar Robby $265,000 Southland Residential Title
Hobbs Properties Llc -- Concord Title
Apple Jody L $231,500 Concord Title
Herman Petru $84,000 East Tn Title Ins Agency Inc
Moges David F $375,000 --
Gisela Baumgartner -- --
Michael Baumgartner $139,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kumar Robby $185,500
Previous Owner Apple Jody L $161,250
Previous Owner Moges David F $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2018 01/10/18 Sold $265,000 -- $47 / 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 $2,637 $169,680 $0 $0
2023 $2,637 $169,680 $0 $0
2022 $2,637 $169,680 $0 $0
2021 $2,166 $102,160 $0 $0
2020 $2,166 $102,160 $0 $0
2019 $2,166 $102,160 $0 $0
2018 $2,166 $102,160 $0 $0
2017 $2,166 $63,850 $0 $0
2016 $2,193 $0 $0 $0
2015 $2,193 $0 $0 $0
2014 $2,193 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1022012

East Tennessee REALTORS® MLS

APN: 119GA-011