NOT LISTED FOR SALE

Estimated Value: $176,000 - $341,000

-- Bed
3 Baths
2,516 Sq Ft
$97/Sq Ft Est. Value

Last Sold December 21, 2023

Last sale price $151,000 $60 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,369/month

4 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Heating Available
  • Indian Trail Middle School Rated A
  • Level Lot

About This Home

As of December 2023

Multiple Offers, Seller will review offers at 9:00 pm on Tuesday, 12/12 (please allow enough time respond). INVESTORS- Zoned R5! This is an amazing home in the Tree Streets of Johnson City that is currently set up as a 2 unit, but can be a 3 unit or used as a primary 1 unit home. It needs work, the floors are a bit uneven, (there is a dirt floor basement) and we are looking for cash or conventional loan offers but if you put some time and money into it, you will have a great income producing property or amazing full time home! You could even rent out Unit 1 and 2 with minimal work while you spend some time on Unit 3 to create immediate cash flow!

Unit 1- The main home has 2 exterior entries for the 2 units. The main level of the home has 3 bedrooms, 1.5 bathrooms, a large living area, kitchen and dining room, high ceilings and a lot of great touches including built-ins. Laundry is on an enclosed porch as well as an open half bath.

Unit 2- Upstairs in the home is a 2 bedroom, 1 bath with a kitchen and small living area. No laundry room in this unit currently (however this unit could use the laundry on the main level). You can also access the staircase from the main level if you have a buyer who wants to use this as their primary home.

Possible Unit 3- detached and behind the home, this unit needs lots of work but the bones are there. There is a kitchen, living room and full bathroom on the upper level with a small deck, a bedroom, laundry room and half bath on the lower level. Lots of potential here!

The complex has off street parking for 2-3 cars. It has a large fenced garden area that could be taken out and used for additional parking or a play area. The home has a shared driveway to access the back unit (shared with home next door to the left). The seller has a Fleenor Security System that he will leave and give monitoring through November of 2024. Home is being sold ''as is'', Buyer/Buyer's agent to confirm all information.

Last Agent to Sell the Property

Jennifer Lusk

The Addington Agency Bristol License #342869 Listed on: 12/08/2023

Last Buyer's Agent

AMY DUNCAN

Fathom Realty License #342514

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50' x 151'
  • Level Lot

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Brick Exterior Construction

Schools

  • Mountain View Elementary School
  • Indian Trail Middle School
  • Science Hill High School

Additional Features

  • 2-Story Property
  • Heating Available

Community Details

  • No Home Owners Association
  • 2 Buildings
  • 3 Units
  • J City Real Estate Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 054d A 033.00
  • Tax Block 21

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Directions: From I-26, Take Exit 23, Right on Market Street, Left on S Roan Street, Left on Maple Street, home is on the left.
  • Prop. Type: Multi Family
  • Year Built: 1930
  • Property Sub Type: Multi Family
  • Subdivision Name: J City Real Estate Add
  • Architectural Style: Traditional
  • Unit Levels: Two
  • New Construction: No
  • Reso Structure Type: House
  • Location Tax Legal Info Parcel ID: 054d A 033.00
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.17
  • General Property Description Zoning2: R5
  • General Property Description Elementary School3: Mountain View
  • General Property Description Middle School2: Indian Trail
  • General Property Description High School3: Science Hill
  • General Property Description HOA YN: No
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 50' x 151'
  • TopographyLot Description Level2: Yes
  • Location Tax Legal Info Block: 21
  • Property Condition Fixer: Yes
  • General Property Description # Buildings: 2
  • General Property Description Total Units: 3
  • General Property Description Home Warranty2: No
  • Levels:Two: Yes
  • Style Traditional3: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: See Remarks

Exterior Features

  • Property Condition: Fixer
  • Acres: 0.17
  • Topography: Level
  • Home Warranty: No
  • Construction Type: Brick
  • Exterior Finish Brick4: Yes

Utilities

  • Heating: Other
  • Sewer: Public Sewer
  • Cooling: See Remarks
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Other12: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Mountain View
  • High School: Science Hill
  • Middle Or Junior School: Indian Trail

Lot Info

  • Zoning: R5
  • Lot Dimensions: 50' x 151'
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 054d A 033.00
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2024
Sold by
Zhang Justin and Guo Duanmei
Bought by
Zhang Abode Llc
Current Estimated Value
$243,591

Purchase Details

Listed on
Dec 8, 2023
Closed on
Dec 20, 2023
Sold by
Kasten Glenn Thomas
Bought by
Zhang Justin and Guo Duanmei
Seller's Agent
Jennifer Lusk
The Addington Agency Bristol
Buyer's Agent
AMY DUNCAN
Fathom Realty
List Price
$160,000
Sold Price
$151,000
Premium/Discount to List
-$9,000
-5.62%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.63%

Purchase Details

Closed on
Feb 26, 1997
Sold by
Dunavent Ben L
Bought by
Kasten Frederick

Purchase Details

Closed on
Sep 27, 1983
Bought by
Dunavent Ben L and Dunavent Marlene L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zhang Abode Llc -- None Listed On Document
Zhang Abode Llc -- None Listed On Document
Zhang Justin $151,000 None Listed On Document
Kasten Frederick $56,000 --
Dunavent Ben L $25,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2023 12/21/23 Sold $151,000 -5.6% $60 / Sq Ft
12/13/2023 12/13/23 Pending -- -- --
12/08/2023 12/08/23 For Sale $160,000 -- $64 / Sq Ft
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 $1,120 $65,525 $6,575 $58,950
2024 $1,120 $65,525 $6,575 $58,950
2023 $803 $37,350 $0 $0
2022 $1,449 $37,350 $2,825 $34,525
2021 $1,449 $37,350 $2,825 $34,525
2020 $1,442 $37,350 $2,825 $34,525
2019 $758 $37,350 $2,825 $34,525
2018 $1,360 $31,850 $2,825 $29,025
2017 $1,360 $31,850 $2,825 $29,025
2016 $1,354 $31,850 $2,825 $29,025
2015 $1,226 $31,850 $2,825 $29,025
2014 $1,147 $31,850 $2,825 $29,025
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9960123

Tennessee/Virginia Regional MLS

APN: 054D-A-033.00