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3600/3610 Maynardville Hwy, Maynardville, TN, 37807

$2,300,000

Home List Price

$10,000*

Closing Credit

0 Baths
15,000 SqFt
$153/SqFt
House
Schools Nearby

Location

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3600/3610 Maynardville Hwy, Maynardville$2,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingOn Premise Parking
Year Built1989
HeatingCentral, Electric
CoolingCentral Air
MLS #1245217
StatusActive

About 3600/3610 Maynardville Hwy

INCOME PRODUCING/INVESTMENT OPPORTUNITY... 22 Unites Total, with twenty-one being 2-bedroom/1 Bath and one being 1-bedroom/1-bath. The latest 2/1 was rented at $1,100 per month. Owner has recently renovated 13 out of the 22 units, with 3 additional renovations scheduled, pending the expiration of current Tenant leases. All renovated units have been released at higher monthly rates, increasing overall cashflow and value of the investment under new ownership. Current rental income per year is $230,000.00, with potential increases projected to be more than $270,000.00, as evidence from the new renovation leases and overall property improvements. Currently, all units are rented except for one undergoing renovation. All Units are comprised within two separate buildings. Renovations made to date include the following updates: new light fixtures, new countertops and backsplashes, repainting interiors, new flooring, black metal accents, and changing the exterior color scheme by fully repainting & repairing the siding where necessary. Unit Expenses - Tenants cover their own electricity costs. Water, pest control and trash expenses, are passed through form Owner to each Tenant at a prorated share. Conveniently located with easy access to Maynardville Hwy, this property is just 30 minutes from downtown Knoxville and centrally situated in Maynardville, providing easy access to schools, stores, and local dining options.

Property Details

Property Features

Property Information:

  • Year Built: 1989
  • Living Area: 15,000 SqFt

Listing Office:

  • Office Name: Sexton Real Estate Services, Inc.
  • Office Phone: (865) 300-4300

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Flooring Type: Laminate, Carpet, Tile

Exterior Features

Exterior Information:

  • Exterior: Windows - Aluminum, Balcony

Parking Information:

  • Attached Garage: No
  • Parking: On Premise Parking

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Union County High School, Public District Grades 9-12
  • Tennessee Virtual Academy, Public District Grades KG-8
  • H Maynard Middle School, Public District Grades 6-8
  • Paulette Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From Knoxville: Take Exit 6 on I-640E onto Old Broadway and make a right.Turn Left onto Broadway. Continue onto Maynardville Hwy. Turn right on Main st. Apartments are on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,300,000
  • Price Per SqFt: $153/SqFt
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Housing Market Comparison

See how this home compares to others in Maynardville, TN.

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Maynardville, TN

City

Med. Sold Price

$289K

Med. Price/SqFt

$202

Avg. Days On Market

35

# of Sold Homes

6

3600/3610 Maynardville Hwy vs Maynardville

48 DAYS ON ROCKET

+13 Days

$2,300,000

+$2.0M More

$153/SqFt

-$50 Less

KEY TAKEAWAY

This property is $2.0M more than the Median Sold Price and $50/SqFt less than other homes in Maynardville, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1245217

Listing Office:

  • Office Name: Sexton Real Estate Services, Inc.
  • Office Phone: (865) 300-4300

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Information deemed reliable but not guaranteed. This information is updated daily, 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.

Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 9:20:23 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$11.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,962

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3607576
5
/10

  • Paulette Elementary School

  • 1001 Maynardville Hwy

  • 1.76 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3607577
1
/10

  • Tennessee Virtual Academy

  • 115 Wilson Ln

  • 6.98 miles

  • Public District Grades KG-8

school-card-donut-3607578
4
/10

  • H Maynard Middle School

  • 435 Main St

  • 7.74 miles

  • Public District Grades 6-8

High School

school-card-donut-3607579
4
/10

  • Union County High School

  • 150 Main St

  • 6.83 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,412. The majority of Maynardville, TN residents have income between $35k-100k annually. The majority of families are married, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3600/3610 Maynardville Hwy

What is the listing price of this property?

The listing price of 3600/3610 Maynardville Hwy property is $2,300,000.

What type of property is this?

The property 3600/3610 Maynardville Hwy is a house located in Maynardville, Tennessee, 37807.

Is this property for sale now?

Active Listing: 3600/3610 Maynardville Hwy is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3600/3610 Maynardville Hwy are:
Paulette Elementary School: GreatSchools Rating 5/10
Tennessee Virtual Academy: GreatSchools Rating 1/10
H Maynard Middle School: GreatSchools Rating 4/10
Union County High School: GreatSchools Rating 4/10

What is the square footage of this property?

The property 3600/3610 Maynardville Hwy is 15,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3600/3610 Maynardville Hwy is 1989.

Rocket Homes›Tennessee›Union County›Maynardville›37807›3600/3610 Maynardville Hwy

This home is located at 3600/3610 Maynardville Hwy in Maynardville, TN and zip code 37807. This 15,000 square foot home was built in 1989. It has been listed on Rocket Homes since March 12, 2024 and is currently priced at $2,300,000.

Maynardville, TN housing market in March 2024 saw over 2 listings sold above listed price, more than 2 sold at listed price and over 2 sold below. Between February 2024 and March 2024, Maynardville, TN real estate market has seen increase in the number of listings by 19%. While the average time on the market in March 2024 was 35 days, the median list price was $289,000.

From Rocket Homes Real Estate and based on county public records data.

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