See Home Value
$89,900*
House - Off Market

2740 Nichols Ave

Knoxville, TN 37917
bedrooms
2 Beds
bathrooms
1 Bath
square feet
778 Sqft
$80,000 - $90,000
Reference Base Price*
0.00%
Since Dec 1, 2023
National-US
Primary Model
Sold Nov 20, 2023
$110,000
Sold Jun 21, 2023
$92,000

About This Property

***EAST KNOXVILLE INVESTMENT OPPORTUNITY***With 2 bedrooms, 1 bathroom, and two bonus rooms upstairs, this home presents a compelling prospect for astute investors.In need of restoration, this property comes at a competitive price, offering a solid foundation for a savvy investor to add value and maximize returns. Situated just off I-40, it provides easy access to key areas, making it an attractive option for potential renters or future resale.This neighborhood is undergoing development and rehabilitation, signaling possible positive growth potential for this investment.This property isn't another tight deal; it's a canvas of potential, awaiting the skilled hand of a visionary. Seize this chance to leverage a promising location and unlock hidden value.Home is sold 'as-is'.

The manager has listed the unit size as 778 square feet.
Unit Size
778Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$116
Property Type
House
Property Taxes
$51
HOA Dues
-
Year Built
1920

Price History

Date / Event Date Event Price
Nov 20, 2023 Sold to Cenia Herrera-murillo $110,000
Sold to Cenia Herrera-murillo
Nov 17, 2023 No longer available -
No longer available
Oct 31, 2023 In contract -
In contract
Oct 28, 2023 Listed $89,900
Listed
Jun 22, 2023 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1980
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Poor
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Traditional
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 11,979
  • Lot Size Depth Feet: 104
  • Lot Size Frontage Feet: 115
  • Total Building Area: 778
  • Gross Building Area: 1,142
  • Building Area: 778
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 778
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BERTHA C RABY
  • Land Acres: 0.275
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Petroleum & gas wells (misc.)
  • Legal Description 1: SUBDIVISIONNAME BERTHA C RABY MAPPLATB 16 MAPPLATP 35 D IMENSIONS 115 X 104

Ownership

  • Current Owner : HERRERA-MURILLO CENIA
  • Previous Owner : APOLLO PROPERTY PARTNERS LLC
  • Owner Before Previous Owner: BILLY W SHARPE W
  • Owner Before Previous Owner 2: BILLY LOVETTA F
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 001900

Geography

  • Assessors Map Reference: MAP #82G
  • District: CIT
  • Parcel: 082GD011
  • Lot: 1
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 35.9914
  • Longitude: -83.8966

    Address

  • Full Address: 2740 Nichols Ave
  • Address - House Number: 2740
  • Address - Street Name: Nichols
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C038
  • 4-Digit Zip Code: 7028
  • Zip Code: 37917

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $353

    Appraisal Valuation

  • Standard Deviation: 0.0871
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 92
  • Final Value: 87,143
  • High Value: 94,739
  • Low Value: 79,548

    Market Valuation

  • Market Total Value: $65,500
  • Market Land Value: $9,300
  • Market Improvement Value: $56,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,375

    Sales

  • Current Sale Contract Date: Nov 14, 2023
  • Current Sale Recording Date: Nov 20, 2023
  • Current Sale Transaction ID: 11916161492
  • Current Sale Price: $110,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 26020
  • Previous Sale Recording Date: Jun 21, 2023
  • Previous Sale Contract Date: Jun 20, 2023
  • Previous Sale Amount: $92,000
  • Previous Sale Document Type: Special Warranty Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Park City


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 510 Third Ave. 2, Knoxville, TN, 37917

$1,245 /mo

  • 1 Bed
  • 1 Bath
  • 800 ft²
510 Third Ave. 2 #Unit 2, Knoxville, TN, 37917 Listing by Manager


Frequently Asked Questions

When was property at 2740 Nichols Avenue built and last sold?
The property at 2740 Nichols Avenue was built in 1920 and last sold on Nov 14, 2023 for $110,000.
How much is this home worth?
The estimated value of the home located at 2740 Nichols Avenue is $93,033.
What are some comparable homes to 2740 Nichols Avenue?
There are currently no comparable homes to 2740 Nichols Avenue.

Quantcast