1479 Fate Rankin Rd, Jefferson City, TN 37760
$434,500
Property Type:
Multi-Family
Square Footage:
3,712
Status:
Closed
Current Price:
$434,500
List Date:
4/18/2025
Last Modified:
9/04/2025
Description
NEW AUCTION DATE! JULY 10, 2025, 11am Court Ordered Auction (Subject to Court Confirmation). 4-plex apartment building featuring four 2BR/1BA units in the Twin Creeks Estates. Conveniently located for shopping and near Carson-Newman University. All units presently rented, with a gross income of $2,900/mo; tenant pays utilities. ADDITIONAL FOUR 4-PLEX BUILDINGS, all rented, offered at auction along with two vacant parcels. Terms: 10% Buyer's Premium, 10% down day of sale, closing within 45 days. Preview Wednesday, July 9, 2025, 2-6pm
More Information MLS# 1297858
Location, Tax & Legal Info
Area: Jefferson County - 26
City/County Code: City Limits
Total Tax: 3438.99
High School: Jefferson County
Contract Info
Auction Y/N: Yes
Current Price: $434,500
Status: Closed
Listing Date: 2025-04-15
General Property Description
Lot Dimensions: 176xirr
Utilities/Mo Avg: 0
Property Status: N/A
Driveway: Yes
SqFt - Total (Aprox): 3712
Number of Units: 4
Year Built: 1996
Remarks & Misc
Directions: From Jefferson City Walmart, travel south on US11E for 6/10ths mile, then left onto Fate Rankin Rd, then 1/10th mi to auction site on left.
Public Remarks: NEW AUCTION DATE! JULY 10, 2025, 11am Court Ordered Auction (Subject to Court Confirmation). 4-plex apartment building featuring four 2BR/1BA units in the Twin Creeks Estates. Conveniently located for shopping and near Carson-Newman University. All units presently rented, with a gross income of $2,900/mo; tenant pays utilities. ADDITIONAL FOUR 4-PLEX BUILDINGS, all rented, offered at auction along with two vacant parcels. Terms: 10% Buyer's Premium, 10% down day of sale, closing within 45 days. Preview Wednesday, July 9, 2025, 2-6pm
Auction
Bidder Must Qualify: No
Buyers Premium: Yes
Buyers Premium %: 10
Remote Bidding: Yes
Real Estate Only: Yes
RE & Personal Prop: No
Auction Date: 2025-07-10
Auction Location: On site
Auction Time: 11:00 am
Open for Inspection Date: 2025-07-09
Property Sub-Type
Four Plex: 1
Construction
Frame - Brick: 1
Type of Units
2 Bedroom Unit: 1
Siding
Brick: 1
Sale Includes
Building and Land: 1
Cooling
Central Cooling: 1
Floors
Laminate: 1
Garage/Parking
Off-Street Parking: 1
On Premise Parking: 1
Tenant Expenses
Electricity: 1
Sewer: 1
Water: 1
Fuel
Electric: 1
Heat
Central: 1
Other Rooms
Other: 1
Roof
Metal: 1
New Financing
Cash: 1
Location Tax Legal Info
House #: 1479
Street Name: Fate Rankin
St Suffix: Rd
State/Province: TN
Zip Code: 37760
PIN #: 024A F 001.00
Subdivision: Twin Creek Estates
Geo Lat: 36.118582
Geo Lon: -83.476077
Status Change Info
Status Change Date: 2025-09-04
Under Contract Date: 2025-07-10
Sold Date: 2025-09-04
Sold Price: $434,500
Property Features
Property Sub-Type: Four Plex
Type of Units: 2 Bedroom Unit
Sale Includes: Building and Land
Floors: Laminate
Tenant Expenses: Electricity; Sewer; Water
Fuel: Electric
Heat: Central
Cooling: Central Cooling
Construction: Frame - Brick
Roof: Metal
Siding: Brick
Other Rooms: Other
New Financing: Cash
Listing Office: Thompson Williams Properties, LLC
Office Phone: 865-774-5338
Last Updated: September - 04 - 2025
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