Exceptional 2 Unit Income producing property. Unit 1 is 3 Bedroom 1 and 1/2 bath home. Present owner has made many improvements to the property. Added insulation to attic on house, vapor barrier in crawl space, kitchen counters, 1/2 bath, new HVAC, new light fixtures, hot water heater, painted. Unit 2 is a Detached 1 bedroom studio apartment new heat and air unit. Good rental history. Great location a short distance from Carson Newman University, 11E, Shopping, Doctors and other health care providers, Hospital, Schools, Fast Food, Auto Parts, Auto Dealers, Churches, Community Fitness Center, Public Library. 10 minutes to I-40 Exit 417, 35 Minutes to Sevierville /Pigeon Forge Area, with numerous attractions, Dollywood, the Wilderness, Splash Country, Soaky Mountain Water Park, just to mention a few! Cherokee Lake is just minutes away!
Sold for $270,000
$270,000
1516 Brown Ave, Jefferson City, TN 37760
4beds
--sqft
Multi Family
Built in 1955
-- sqft lot
$293,500 Zestimate®
$--/sqft
$1,233 Estimated rent
Home value
$293,500
$261,000 - $335,000
$1,233/mo
Zestimate® history
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$1,594/mo
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Zillow last checked:
Listing updated:
Listed by:
Linda Armour 865-850-1830,
Keller Williams Smoky Mountain
Bought with:
Billy Daniel, 284905
Crye-Leike Lakeway Real Estate
Source: Lakeway Area AOR,MLS#: 706473
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Heat Pump
Appliances
- Included: Electric Range, Electric Water Heater, Refrigerator
- Laundry: Laundry Room
Interior area
- Finished area above ground: 1,240
- Finished area below ground: 0
Property
Lot
- Dimensions: 90 x 150 x 92 x 150
- Features: Back Yard
Details
- Parcel number: 023E A 00600 000
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Cottage,Traditional
- Property subtype: Multi Family
Materials
- Shingle Siding, Wood Siding
Condition
- New construction: No
- Year built: 1955
Utilities & green energy
- Electric: 220 Volts in Laundry
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Sewer Connected
Community & HOA
Location
- Region: Jefferson City
Financial & listing details
- Tax assessed value: $243,100
- Annual tax amount: $1,164
- Date on market: 2/12/2025
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 3/14/2025 | Sold | $270,000-3.5% |
Source:  Lakeway Area AOR #706473 Report a problem | ||
| 2/19/2025 | Pending sale | $279,900 |
Source: Lakeway Area AOR #706473 Report a problem | ||
| 2/12/2025 | Listed for sale | $279,900+75% |
Source: Lakeway Area AOR #706473 Report a problem | ||
| 10/14/2020 | Sold | $159,900 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,635 +40.4% | $60,775 +37.3% |
| 2024 | $1,164 +20.3% | $44,275 +60.1% |
| 2023 | $968 +3.2% | $27,650 |
| 2022 | $937 | $27,650 |
| 2021 | $937 | $27,650 |
| 2020 | $937 +27.9% | $27,650 +27.9% |
| 2019 | $733 +13.2% | $21,625 +18.5% |
| 2018 | $648 0% | $18,250 |
| 2017 | $648 | $18,250 |
| 2016 | $648 +1.4% | $18,250 |
| 2015 | $639 +1.4% | $18,250 |
| 2014 | $630 | $18,250 |
| 2013 | -- | $18,250 -2.5% |
| 2012 | $579 +3.4% | $18,725 |
| 2011 | $560 | $18,725 |
| 2010 | $560 | $18,725 |
| 2009 | -- | $18,725 -6.8% |
| 2008 | $661 +7.2% | $20,100 |
| 2007 | $617 +22.3% | $20,100 |
| 2006 | $505 | $20,100 |
| 2005 | $505 -12.2% | $20,100 |
| 2004 | $575 +7.1% | $20,100 +4.8% |
| 2003 | $537 | $19,175 +5.4% |
| 2001 | -- | $18,198 -75% |
| 2000 | -- | $72,790 |
Find assessor info on the county website
Neighborhood: 37760
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Nearby schools
GreatSchools rating
- 7/10Jefferson Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 5/10Jefferson Middle SchoolGrades: 6-8Distance: 1 mi
- 6/10Jefferson Co High SchoolGrades: 9-12Distance: 5.1 mi
Schools provided by the listing agent
- Middle: Jefferson
- High: Jefferson
Source: Lakeway Area AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$293,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$293,500
- Tennessee
- Jefferson County
- Jefferson City
- 37760
- 1516 Brown Ave
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