NOT LISTED FOR SALE

211 University Pkwy Johnson City, TN 37604

Estimated Value: $291,202 - $319,000

Studio
2 Baths
5,786 Sq Ft
$53/Sq Ft Est. Value

Sale Details

Date Sold: June 5, 2023

Last sale price $4,500,000 $778 Per Sq Ft

Current estimated payment $1,941 / mo

152 Days on Market

Highlights

  • Open Floorplan
  • Mountain View
  • Breakfast Room
  • South Side Elementary School Rated A
  • Clubhouse
  • Front Porch

About This Home

As of June 2023

Fantastic Investment Opportunity- Maple Crest Independant Living consists of 16 Patio Homes, 5 Units with 1,737 sq.ft. & a two car garage, 11 Units with 1,559 sq.ft. & 1 car garage. Social Club House with 2,490 sq.ft which includes a large kitchen facility and open gathering areas. There is also an additional 9.18 acres of property that is on grade and ready to develop that adjoins the existing duplex's and club house. The additional property is currently Zoned R5 which will allow a maximum of 22 units per acre. This opportunity doesn't come along very often where you can have a wonderful rental income base while building out and selling additional patio homes or developing a multi-story structure.
The demand for senior housing is at an all- time high. This property is conveniently located close to I-26, hospitals, grocery stores, drug stores, ETSU and it all comes with beautiful mountain views. ** New patio homes would pre- sell out very quickly. Please see the property survey, building footprints and aerial photos under Documents. The annual taxes for the remaining 8.2 acres : City $4,268.16 & County $5366.40

Last Agent to Sell the Property

David Lefemine

Lefemine Commercial Properties, LLC Listed on: 10/25/2022

Last Buyer's Agent

Lisa Nelson

Wallace License #281434

Wallace

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2005

Lot Details

  • 14.3 Acre Lot
  • Back Yard Fenced
  • Landscaped
  • Level Lot
  • Property is in good condition

Home Design

  • Duplex
  • Patio Home
  • Slab Foundation
  • Shingle Roof
  • Stone Exterior Construction
  • HardiePlank Type
  • Stone

Interior Spaces

  • Walk-In Closet
  • 5,786 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Insulated Windows
  • Window Treatments
  • Entrance Foyer
  • Breakfast Room
  • Mountain Views
  • Fire and Smoke Detector
  • Gas Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Front Porch

Schools

  • South Side Elementary School
  • Indian Trail Middle School
  • Science Hill High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 054l C 002.00

Community Details

Overview

  • 8 Buildings
  • 16 Units

Amenities

  • Clubhouse

Property Details

Home Type

Multi-Family

Year Built

Built in 2005

Lot Details

14.3 Acres

Listing Details

  • Directions: Take 1-26 South and Exit off of University Parkway. Turn left onto University Parkway stay straight thru the traffic light and then turn left into Maplecrest Independant Living. For Sale Sign on Property.
  • Prop. Type: Residential Income
  • Year Built: 2005
  • Property Sub Type: Duplex
  • Reso Association Amenities: Landscaping
  • Subdivision Name: Not In Subdivision
  • Architectural Style: Patio Home
  • Unit Levels: One
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 054l C 002.00
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 14.3
  • General Property Description Zoning2: R5
  • General Property Description Elementary School3: South Side
  • General Property Description Middle School2: Indian Trail
  • General Property Description High School3: Science Hill
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 721' x 625' IRR
  • AC Central Air: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Roof Shingle: Yes
  • View Mountain(s): Yes
  • Flooring Carpet: Yes
  • Flooring Laminate: Yes
  • Utilities Cable Available: Yes
  • Fencing Back Yard: Yes
  • Flooring Luxury Vinyl: Yes
  • Foundation Slab: Yes
  • Flooring Ceramic Tile: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Other Rooms Breakfast: Yes
  • Style Patio Home: Yes
  • General Property Description # Buildings: 8
  • General Property Description Total Units: 16
  • General Property Description Home Warranty2: No
  • Levels One: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Flooring: See Remarks, Luxury Vinyl, Carpet, Ceramic Tile, Laminate
  • Interior Amenities: Eat-in Kitchen, Entrance Foyer, Open Floorplan, Smoke Detector(s), Walk-In Closet(s), See Remarks
  • Window Features: Insulated Windows, Window Treatments
  • Interior Features:Eat-in Kitchen: Yes
  • InteriorFeatures:Smoke Detector(s): Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Open Floorplan: Yes
  • Community Features:Clubhouse: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Shingle
  • Lot Features: See Remarks, Level
  • View: Mountain(s)
  • Exterior Features: Other
  • Fencing: Back Yard
  • Acres: 14.3
  • Home Warranty: No
  • Construction Type: HardiPlank Type, Stone
  • Foundation Details: Slab
  • Patio And Porch Features: Front Porch, Rear Patio, Rear Porch
  • Window Features:Insulated Windows: Yes
  • PorchPatioDeck Front Porch: Yes
  • Exterior Finish HardiPlank Type: Yes
  • PorchPatioDeck Rear Patio: Yes
  • Window Features:Window Treatments: Yes
  • PorchPatioDeck Rear Porch: Yes
  • Exterior Finish Stone5: Yes

Garage/Parking

  • Parking Features: Asphalt, Garage Door Opener
  • Attached Garage: No
  • Parking Features:Asphalt2: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Heating: See Remarks, Natural Gas, Central
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Laundry Features: Gas Dryer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Natural Gas2: Yes
  • Heating:See Remarks10: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse

Association/Amenities

  • AmenitiesLandscaping: Yes

Schools

  • Elementary School: South Side
  • High School: Science Hill
  • Middle Or Junior School: Indian Trail

Lot Info

  • Zoning: R5
  • Lot Dimensions: 721' x 625' IRR
  • Lot Size Sq Ft: 622908.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 054l C 002.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2025
Sold by
Double O Holding Company Llc
Bought by
Harris Joseph
Current Estimated Value
$306,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Outstanding Balance
$294,499
Interest Rate
6.84%
Mortgage Type
VA
Estimated Equity
$11,552

Purchase Details

Closed on
Jul 1, 2025
Sold by
Double O Holding Company Llc
Bought by
Hale Vola Jeanne and Hale Emory Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Outstanding Balance
$294,499
Interest Rate
6.84%
Mortgage Type
VA
Estimated Equity
$11,552

Purchase Details

Closed on
May 5, 2025
Sold by
Double O Holding Company Llc
Bought by
Fritts Gina H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,150
Interest Rate
6.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2025
Sold by
Double O Holding Company Llc
Bought by
Yarling Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2025
Sold by
Double O Holdings Llc
Bought by
Shaw Tammy and Shaw James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2025
Sold by
Double O Holding Company Llc
Bought by
Harrison Keith W and Harrison Patricia O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2024
Sold by
Double O Holding Company Llc
Bought by
Bradley Vernon and Bradley Linda Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2024
Sold by
Double O Holdings Company Llc
Bought by
Jones Dorcas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2024
Sold by
Double O Holding Comany Llc
Bought by
Lawson Anthony Paul and Tebrock Katherine Kylin

Purchase Details

Listed on
Oct 25, 2022
Closed on
Jun 5, 2023
Sold by
University Parkway Real Estate Investors
Bought by
Double O Holding Company Llc
Seller's Agent
David Lefemine
Lefemine Commercial Properties, LLC
Buyer's Agent
Lisa Nelson
Wallace
List Price
$5,250,000
Sold Price
$4,500,000
Premium/Discount to List
-$750,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-61.58%

Purchase Details

Closed on
Jun 16, 2021
Sold by
Christian Home For The Aged
Bought by
University Parkway Real Estate Invr Llc

Purchase Details

Closed on
Jan 7, 2002
Sold by
Cloninger Evelyn
Bought by
Christian Home For The Age

Purchase Details

Closed on
Jan 1, 1981
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
Harris Joseph $295,000 Classic Title
Harris Joseph $295,000 Classic Title
Hale Vola Jeanne $297,000 None Listed On Document
Fritts Gina H $290,000 Reliable Title & Escrow
Fritts Gina H $290,000 Reliable Title & Escrow
Yarling Mary L $299,000 Reliable Title & Escrow
Shaw Tammy $345,000 Reliable Title & Escrow
Shaw Tammy $345,000 Reliable Title & Escrow
Harrison Keith W $345,000 Reliable Title & Escrow
Harrison Keith W $345,000 Reliable Title & Escrow
Bradley Vernon $345,000 None Listed On Document
Bradley Vernon $345,000 None Listed On Document
Jones Dorcas $321,000 Foundation Title
Jones Dorcas $321,000 Foundation Title
Lawson Anthony Paul $330,000 Mountain States Title
Double O Holding Company Llc $5,081,900 None Listed On Document
University Parkway Real Estate Invr Llc $4,000,000 None Available
Christian Home For The Age $647,500 --
-- $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Joseph $295,000
Closed Harris Joseph $295,000
Closed Hale Vola Jeanne $282,150
Previous Owner Yarling Mary L $169,000
Previous Owner Shaw Tammy $167,887
Previous Owner Bradley Vernon $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2023 06/05/23 Sold $4,500,000 -14.3% $778 / Sq Ft
03/27/2023 03/27/23 Pending -- -- --
10/25/2022 10/25/22 For Sale $5,250,000 -- $907 / 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 $49,216 $20,000 $20,000 --
2024 $49,216 $2,878,120 $449,600 $2,428,520
2023 $35,137 $1,634,280 $253,840 $1,380,440
2022 $63,410 $1,634,280 $253,840 $1,380,440
2021 $45,058 $1,634,280 $253,840 $1,380,440
2020 $44,826 $1,161,300 $183,175 $978,125
2019 $27,146 $1,161,300 $183,175 $978,125
2018 $48,705 $1,140,675 $183,175 $957,500
2017 $48,705 $1,140,675 $183,175 $957,500
2016 $48,477 $1,140,675 $183,175 $957,500
2015 $43,914 $1,140,675 $183,175 $957,500
2014 $41,062 $1,140,675 $183,175 $957,500
Source: Public Records

Agents Affiliated with this Home

  • David Lefemine

    Seller's Agent in 2023

    David Lefemine

    Lefemine Commercial Properties, LLC

    (423) 283-8976

    27 Total Sales

    David Lefemine
    Section Image

  • L

    Buyer's Agent in 2023

    Lisa Nelson

    Wallace

    Section Image

  • R

    Buyer's Agent in 2023

    REBENA GRAHAM

    CENTURY 21 TIME REALTY, INC.

See All Agents

Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9944966

Tennessee/Virginia Regional MLS

APN: 054L-C-002.00

Tennessee Washington County Johnson City 37604

211 University Pkwy, Johnson City, TN

Not Listed for Sale

MultiFamily

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