1908 Sequoyah Ave, Maryville, TN 37804
$2,350,000
Property Type:
Multi-Family
Square Footage:
33,320
Lot Size (sq. ft.):
4
Status:
Closed
Current Price:
$2,350,000
List Date:
2/04/2019
Last Modified:
11/15/2019
Description
Incredible investment opportunity in highly desirable John Sevier area of Maryville. This well maintained complex includes twenty-six 2BR.1.5BA & two 3BR/2.5BA townhouses (28 Total Units). Many premium features in every unit, including two car carport, two covered patios and a covered balcony, in-unit washer & dryer hookups, and much more! Many units completely updated withing past five years. Property is located adjacent to the John Sevier Park & Pool and across the street from John Sevier Elementary & Maryville Academy. Property is being sold exclusively with adjacent lot (MLS #1068772, Combined MLS #1068768) (including building plans for a previously approved project of 19 additional 2 & 3 bedroom townhouses). Owner will not sell without purchase of separate lot.
More Information MLS# 1068769
Location, Tax & Legal Info
Area: Blount County - 28
Community: John Sevier
City/County Code: City Limits
Total Tax: 33572.47
Contract Info
Auction Y/N: No
Listing Price: 2375000
Current Price: $2,350,000
Status: Closed
Listing Date: 2019-01-31
General Property Description
Lot Dimensions: multi
Lot Size SqFt: 4.48
# Units Leased: 28
Utilities/Mo Avg: 41
Property Status: N/A
Driveway: Asphalt
Lease Information: See rent roll
SqFt - Total (Aprox): 33320
Number of Units: 28
Year Built: 1975
Remarks & Misc
Directions: From downtown Maryville, take Sevierville Road away from town. Take a left on Brentwood Rd, then right on Sequoyah Ave. Property will be immediately on the right, just before John Sevier Park & Pool.
Public Remarks: Incredible investment opportunity in highly desirable John Sevier area of Maryville. This well maintained complex includes twenty-six 2BR.1.5BA & two 3BR/2.5BA townhouses (28 Total Units). Many premium features in every unit, including two car carport, two covered patios and a covered balcony, in-unit washer & dryer hookups, and much more! Many units completely updated withing past five years. Property is located adjacent to the John Sevier Park & Pool and across the street from John Sevier Elementary & Maryville Academy. Property is being sold exclusively with adjacent lot (MLS #1068772, Combined MLS #1068768) (including building plans for a previously approved project of 19 additional 2 & 3 bedroom townhouses). Owner will not sell without purchase of separate lot.
Income/Expenses
Gross Annual Income: 264909.83
Property Sub-Type
Other: 1
Construction
Block: 1
Frame - Brick: 1
Type of Units
2 Bedroom Unit: 1
3 or more Bdrm Units: 1
Townhouse: 1
Unfurnished: 1
Siding
Brick: 1
Other: 1
Sale Includes
Building and Land: 1
Miscellaneous
Balcony: 1
TV Cable Available: 1
Washer/Dryer Cnctns: 1
Cooling
Central Cooling: 1
Floors
Carpet: 1
Laminate: 1
Tile: 1
Vinyl: 1
Garage/Parking
Carport: 1
Individual Carports: 1
Tenant Expenses
Cooling: 1
Electricity: 1
Gas: 1
Heating: 1
Sewer: 1
Telephone: 1
Tenant Pays All Util: 1
Water: 1
Owner Expenses
Advertising: 1
Common Area Maintenance: 1
Electricity: 1
Exterior Maintenance: 1
Gas: 1
HVAC Maintenance: 1
Insurance: 1
Lawn Maintenance: 1
Leasing Fees: 1
Roof Maintenance: 1
Sewer: 1
Taxes: 1
Water: 1
Fuel
Electric: 1
Gas (Natural): 1
Heat
Central: 1
Appliances
Range: 1
Refrigerator: 1
Other Rooms
Other: 1
Roof
Roof Info: Shingle
Exterior Features
Balcony: 1
Patio: 1
Porch - Covered: 1
Misc Features
Internet Available: 1
Washer/Dryer Connect: 1
New Financing
Cash: 1
New Loan: 1
Showing
See Agent Instructns: 1
Location Tax Legal Info
House #: 1908
Street Name: Sequoyah
St Suffix: Ave
State/Province: TN
Zip Code: 37804
PIN #: 047k D 002.00
Subdivision: John Sevier Townhouses
Geo Lat: 35.767617
Geo Lon: -83.94171
Status Change Info
Status Change Date: 2019-06-18
Under Contract Date: 2019-02-23
Sold Date: 2019-06-14
Sold Price: $2,350,000
Property Features
Property Sub-Type: Other
Type of Units: 2 Bedroom Unit; 3 or more Bdrm Units; Townhouse; Unfurnished
Sale Includes: Building and Land
Floors: Carpet; Laminate; Tile; Vinyl
Tenant Expenses: Electricity; Gas; Sewer; Telephone; Tenant Pays All Util; Water
Owner Expenses: Advertising; Common Area Maintenance; Electricity; Exterior Maintenance; Gas; HVAC Maintenance; Insurance; Lawn Maintenance; Leasing Fees; Roof Maintenance; Sewer; Taxes; Water
Fuel: Electric; Gas (Natural)
Heat: Central
Cooling: Central Cooling
Appliances: Range; Refrigerator
Construction: Block; Frame - Brick
Siding: Brick; Other
Exterior Features: Balcony; Patio; Porch - Covered
Misc Features: Internet Available; Washer/Dryer Connect
Other Rooms: Other
Miscellaneous: Balcony; TV Cable Available; Washer/Dryer Cnctns
New Financing: Cash; New Loan
Showing: See Agent Instructns
Listing Office: Realty Executives Associates
Office Phone: 865-531-2020
Last Updated: November - 15 - 2019
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved.
IDX information is provided exclusively for consumers' personal, non-commercial use,
it may not be used for any purpose other than to identify prospective properties
consumers may be interested in purchasing, and that the data is deemed reliable but
is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
