NOT LISTED FOR SALE

1021 N Main Ave Erwin, TN 37650

Estimated Value: $255,221

-- Bed
1 Bath
-- Sq Ft
140 Acres

Last Sold February 15, 2022

Last sale price $220,000

Est. 16% increase in value since last sale

Current estimated payment $1,523/month

55 Days on Market

About This Home

As of February 2022

Welcome to 1021 N Main Avenue in beautiful Erwin, TN. This vacant building is located less than a mile from downtown Erwin and I-26. From this building you can be in Asheville, NC or Johnson City, TN in about 30 minutes. The newer rubber roof was replaced in 2013 and the HVAC units were replaced in 2015. Previously the upper level was home to a hair studio on the right, and an antique store on the left. The lower level has been used as storage, but at one time was used as a mini-golf course. This building is being sold as-is so bring your offers and your ideas! This property would be ideal for a mixed-use residential / commercial project. All information is considered reliable, but not guaranteed. Buyer / Buyer's Agent to verity any / all information contained.

Last Agent to Sell the Property

MICHAEL BAKER

Greater Impact Realty Jonesborough License #333409 Listed on: 10/13/2021

Last Buyer's Agent

Maxine Tisdale

Bender Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 140x253x137x227
  • Sloped Lot
  • Property is in average condition

Schools

  • Rock Creek Elementary School
  • Unicoi Co Middle School
  • Unicoi Co High School

Additional Features

  • 2-Story Property
  • Central Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 023f F 002.00 000

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Directions: Off the Main Street Exit on I-26 take a right going towards downtown Erwin. Building on RIGHT in front of Clinchfield Federal Credit Union.
  • Prop. Type: Residential Income
  • Year Built: 1940
  • Property Sub Type: Other
  • Subdivision Name: Not In Subdivision
  • Architectural Style: Other, See Remarks
  • Unit Levels: Two
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 023f F 002.00 000
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Zoning2: B2
  • General Property Description Elementary School3: Rock Creek
  • General Property Description Middle School2: Unicoi Co
  • General Property Description High School3: Unicoi Co
  • Water Public: Yes
  • General Property Description Lot Dimensions: 140X253X137X227
  • AC Central Air: Yes
  • General Property Description Stories2: 2
  • TopographyLot Description Sloped: Yes
  • Property Condition Average: Yes
  • General Property Description # Buildings: 1
  • General Property Description Total Units: 4
  • General Property Description Home Warranty2: No
  • Levels:Two: Yes
  • Special Features: None

Exterior Features

  • Property Condition: Average
  • Lot Features: Sloped
  • Home Warranty: No
  • Construction Type: Block

Utilities

  • Heating: Central
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Schools

  • Elementary School: Rock Creek
  • High School: Unicoi Co
  • Middle Or Junior School: Unicoi Co

Lot Info

  • Zoning: B2
  • Lot Dimensions: 140X253X137X227
  • Parcel #: 023f F 002.00 000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2021
Closed on
Feb 15, 2022
Sold by
Curtis Engle James and Curtis Donna
Bought by
Bailey Graham J and Howard Margaret Louise
Seller's Agent
MICHAEL BAKER
Greater Impact Realty Jonesborough
Buyer's Agent
Maxine Tisdale
Bender Realty
List Price
$239,900
Sold Price
$220,000
Premium/Discount to List
-$19,900
-8.3%
Current Estimated Value
$255,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,221
Avg. Annual Appreciation
3.90%
Original Mortgage
$187,000
Outstanding Balance
$161,235
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$93,986

Purchase Details

Closed on
May 7, 2002
Bought by
Engle James Curtis and Engle Donna

Purchase Details

Closed on
Jul 26, 1991
Bought by
B & E Services

Purchase Details

Closed on
Dec 21, 1989
Bought by
Memorial Properties % Ledford Funeral Home

Purchase Details

Closed on
Nov 1, 1988
Bought by
Memorial Properties % Ledford Funeral Home
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Bailey Graham J $220,000 Reliable Title & Escrow
Engle James Curtis -- --
B & E Services $156,000 --
Memorial Properties % Ledford Funeral Home -- --
Memorial Properties % Ledford Funeral Home $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Graham J $187,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2022 02/15/22 Sold $220,000 -8.3% --
12/08/2021 12/08/21 Pending -- -- --
10/13/2021 10/13/21 For Sale $239,900 -- --
Source: Tennessee/Virginia Regional 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
2025 $2,284 $87,480 $36,680 $50,800
2024 $2,284 $87,480 $36,680 $50,800
2023 $2,284 $87,480 $0 $0
2022 $3,413 $87,480 $36,680 $50,800
2021 $5,193 $110,120 $40,760 $69,360
2020 $6,203 $136,440 $40,760 $95,680
2019 $6,203 $136,440 $40,760 $95,680
2018 $5,657 $136,440 $40,760 $95,680
2017 $5,636 $136,440 $40,760 $95,680
2016 $5,542 $135,360 $40,760 $94,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9929852

Tennessee/Virginia Regional MLS

APN: 023F-F-00200-000