Commercial facility with 24 bedrooms, 18 full baths, 2 half baths, commercial kitchen, dining hall, banquet room and large common area. Many possibilities for this property! Assisted living, rehab or rent by the room to local college students. Most rooms are completely furnished with 12 rooms sharing Jack and Jill full baths and the balance of the remaining rooms having private full baths. Please contact listing agents for private showing. Major renovations and additions were completed in 2015.
Sold for $400,000
$400,000
242 Magnolia Ave, Mc Kenzie, TN 38201
--beds
0baths
1.2Acres
VacantLand
Built in 1941
1.2 Acres Lot
$-- Zestimate®
$63/sqft
$1,014 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,014/mo
Zestimate® history
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$1,014/mo
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$1,014/mo
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$2,368/mo
Est. payment
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Est. payment
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List your homeWhat's special
Commercial kitchenLarge common areaBanquet room
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Other
Features
- Flooring: Carpet, Concrete, Hardwood
- Has fireplace: Yes
Interior area
- Total interior livable area: 6,388 sqft
Property
Features
- Exterior features: Other, Cement / Concrete
Lot
- Size: 1.2 Acres
- Topography: Level
Details
- Parcel number: 012EM01000000
Community & HOA
Location
- Region: Mc Kenzie
Financial & listing details
- Price per square foot: $63/sqft
- Tax assessed value: $746,200
- Annual tax amount: $7,313
Price history
| Date | Event | Price |
|---|---|---|
| 2/7/2024 | Sold | $400,000-66.7%$63/sqft |
Source: Public Record Report a problem | ||
| 2/20/2023 | Listing removed | -- |
Source:  Tennessee Valley MLS Report a problem | ||
| 1/4/2023 | Listed for sale | $1,200,000+433.3%$188/sqft |
Source: Tennessee Valley MLS #128485 Report a problem | ||
| 7/25/2009 | Sold | $225,000-18.2%$35/sqft |
Source: Public Record Report a problem | ||
| 5/20/2009 | Listed for sale | $275,000-13.6%$43/sqft |
Source: Coldwell Banker** #58232 Report a problem | ||
| 1/7/2004 | Sold | $318,325$50/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,313 +5.4% | $298,480 +54.3% |
| 2024 | $6,937 | $193,440 |
| 2023 | $6,937 -0.6% | $193,440 |
| 2022 | $6,978 | $193,440 |
| 2021 | $6,978 | $193,440 |
| 2020 | $6,978 +27.4% | $193,440 +38.2% |
| 2019 | $5,476 | $140,000 |
| 2018 | $5,476 +38.3% | $140,000 |
| 2017 | $3,960 -2.4% | $140,000 -2.4% |
| 2016 | $4,056 +63.5% | $143,400 +132.5% |
| 2015 | $2,481 -0.1% | $61,680 |
| 2014 | $2,484 | $61,680 +1.3% |
| 2013 | $2,484 +0.7% | $60,905 |
| 2012 | $2,467 +11% | $60,905 |
| 2011 | $2,223 -1.4% | $60,905 |
| 2010 | $2,253 -1.9% | $60,905 -2.9% |
| 2009 | $2,296 +7.3% | $62,744 |
| 2008 | $2,140 | $62,744 |
| 2007 | $2,140 -26.2% | $62,744 -21.2% |
| 2006 | $2,898 +61.7% | $79,619 +61.7% |
| 2005 | $1,792 | $49,240 |
| 2004 | -- | $49,240 |
| 2002 | $1,669 | $49,240 -8.7% |
| 2001 | -- | $53,944 -60% |
| 2000 | -- | $134,860 |
Find assessor info on the county website
Neighborhood: 38201
Nearby homes
- $126,200-- bd1 ba1.2k sqftStonewall St, Mc kenzie, TN 38201Off Market
- $72,900-- bd3 ba1.9k sqftMagnolia Ave, Mc kenzie, TN 38201Off Market
- $204,4003 bd2 ba2.3k sqft255 Magnolia Ave W, Mc Kenzie, TN 38201Off Market
- $186,6502 bd2 ba1.5k sqft757 Stonewall St N, Mc Kenzie, TN 38201Sold
- $205,0004 bd3 ba2.9k sqft784 Stonewall St N, Mc Kenzie, TN 38201Sold
- $156,5003 bd2 ba1.6k sqft760 Stonewall St, Mc Kenzie, TN 38201Off Market
- $239,900-- bd-- ba3.1k sqft288 Magnolia Ave, Mc Kenzie, TN 38201Off Market
- $132,200-- bd2 ba1.6k sqft112 Cherry Ave W, Mc Kenzie, TN 38201Off Market
Nearby schools
GreatSchools rating
- 7/10McKenzie Middle SchoolGrades: 5-8Distance: 0.3 mi
- 7/10McKenzie High SchoolGrades: 9-12Distance: 2 mi
- 7/10McKenzie Elementary SchoolGrades: PK-4Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: MCKENZIE
- Middle: MCKENZIE
- High: MCKENZIE
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Tennessee
- Carroll County
- McKenzie
- 38201
- 242 Magnolia Ave
Nearby cities
Nearby zip codes
Other McKenzie Topics
