NOT LISTED FOR SALE

Estimated Value: $275,000 - $303,801

3 Beds
2 Baths
1,726 Sq Ft
$168/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $262,500 $152 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,615/month

74 Days on Market

Highlights

  • Landscaped Professionally
  • Balcony
  • Historic Home
  • Contemporary Architecture
  • Zoned Heating and Cooling System

About This Home

As of March 2021

Introducing Fairmont Flats. Where Historic renovation meets modern design. These 10 newly renovated Art Deco condo units are located off North Broadway in the Fairmont Park neighborhood and are in close proximity to Downtown, Central District, and Happy Holler. These condos have been beautiful designed and renovated by McNabb Modern Construction and Sanders Pace Architecture. The building is made up of 8 ground level units each with 1 bed/1 bath and 2 second level units each with 3 beds/2 baths. All units have deeded parking in the lot behind the building (located off Baker Ave), shared courtyard, and monthly HOA dues. Main features on all

units: private balcony or patio, polished concrete floors, loft-like high ceilings, hardwood cabinetry, solid surface counter tops, and stainless ste high efficiency appliance packages. One of the unique characteristics of this project is the connection with the Dogwood Arts Mural Project. Each unit has the option for an interior wall mural painted by a local Knoxville artist. Please see the Documents section on the MLS for a complete marketing packet with detailed information about each specific unit and floor plan. Please note, unit 201 and 202 are second floor existing units with no floor plan rendering at this time. The Documents section also has detailed information about the mural project. All exterior and interior images are artistic renderings. Book your showing today!

Last Listed By

Carolina Boscan

Realty Executives Associates License #348114 Listed on: 10/03/2020

Realty Executives Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,397

Year Built

  • Built in 1928

Lot Details

  • Landscaped Professionally
  • Historic Home

Parking

  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Cement Siding

Interior Spaces

  • 1,726 Sq Ft Home
  • Insulated Windows
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony

Schools

  • Whittle Springs Middle School
  • Fulton High School

Utilities

  • Zoned Heating and Cooling System
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Association fees include all amenities
  • Fairmont Flats Subdivision

Listing and Financial Details

  • Assessor Parcel Number 069ML053

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,397

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Directions: Follow I-40 E-I-75 N and I-640 E to Old Broadway NE. Take exit 6 from I-640 E. Drive to N Broadway. Turn right onto Old Broadway NE Merge onto N Broadway. Destination will be on the right.
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1928
  • Subdivision Name: Fairmont Flats
  • Architectural Style: Contemporary, Historic
  • Property Attached Yn: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Smoke Detector, Self Cleaning Oven, Refrigerator
  • Has Basement: None
  • Fireplace: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Other, None
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Windows - Insulated, Prof Landscaped, Cable Available (TV Only), Balcony
  • Construction Type: Other, Cement Siding, Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other, Designated Parking

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: All Amenities

Schools

  • High School: Fulton
  • Middle Or Junior School: Whittle Springs

Lot Info

  • Parcel #: 069ML053

Tax Info

  • Tax Annual Amount: 1397.47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2022
Sold by
Broadway Development Partners Llc
Bought by
Castanera Djalmar
Total Days on Market
74
Current Estimated Value
$289,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,400
Outstanding Balance
$165,372
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$174,866

Purchase Details

Closed on
Feb 24, 2022
Sold by
Brodway Development Partners Llc
Bought by
Berlin Susann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,400
Outstanding Balance
$165,372
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$174,866

Purchase Details

Closed on
Dec 17, 2021
Sold by
Broadway Development Partners Llc
Bought by
Crumpton Camille

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,965
Interest Rate
3.45%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 16, 2021
Sold by
Broadway Development Partners Llc
Bought by
Mccarter Ryan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,900
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2021
Sold by
Broadway Development Partners Llc
Bought by
Abbott Jonathan A and Abbott Anne R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,900
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2021
Sold by
Broadway Development Partners Llc
Bought by
Gopal Haven Lallubhai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
2.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 3, 2020
Closed on
Mar 26, 2021
Sold by
Broadway Development Partners
Bought by
Conn Todd and Conn Kevin
Seller's Agent
Carolina Boscan
Realty Executives Associates
Buyer's Agent
Luke Kendziorski
Realty Executives Associates
Sold Price
$262,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.56%
Original Mortgage
$236,250
Interest Rate
2.8%
Mortgage Type
Closed End Mortgage

Purchase Details

Closed on
Feb 4, 2019
Sold by
Race Street Partners Llc
Bought by
Broadway Development Partners Llc

Purchase Details

Closed on
Jun 1, 2018
Sold by
Mcnabb James Y
Bought by
Race Street Partners Llc

Purchase Details

Closed on
Feb 28, 2000
Sold by
Moore & Senter Co
Bought by
Saah Charlie and Saah Suzanne

Range of Values:

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Average Value
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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
Berlin Susann $220,000 None Listed On Document
Crumpton Camille $234,700 Admiral Title
Mccarter Ryan P $225,000 Admiral Title Inc
Abbott Jonathan A $234,700 Admiral Title Inc
Hughart Donald W $220,000 Admiral Title Inc
Gopal Haven Lallubhai $260,000 Tallent Title Group Inc
Conn Todd $262,500 Admiral Title Inc
Broadway Development Partners Llc -- Knoxville Title Agency
Race Street Partners Llc $610,000 None Available
Saah Charlie $75,000 East Tn Title Ins Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Broadway Development Partners $182,400
Closed Berlin Susann $187,000
Previous Owner Crumpton Camille $222,965
Previous Owner Mccarter Ryan P $173,900
Previous Owner Hughart Donald W $176,000
Previous Owner Abbott Jonathan A $175,025
Previous Owner Gopal Haven Lallubhai $160,000
Previous Owner Conn Todd $236,250
Previous Owner Broadway Development Partners Llc $200,000
Previous Owner Mcnabb James Y $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $262,500 -- $152 / 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 -- $0 $0 $0
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $2,599 $56,720 $0 $0
2020 $2,599 $56,720 $0 $0
2019 $2,599 $56,720 $0 $0
2018 $2,599 $56,720 $0 $0
2017 $2,599 $56,720 $0 $0
2016 $2,847 $0 $0 $0
2015 $2,847 $0 $0 $0
2014 $2,847 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: East Tennessee REALTORS® MLS

MLS Number: 1131738

East Tennessee REALTORS® MLS

APN: 069ML-053