NOT LISTED FOR SALE

1111 Lark St Unit 1 & 2 Johnson City, TN 37604

Estimated Value: $221,636 - $224,000

-- Bed
2 Baths
1,320 Sq Ft
$169/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $161,000 $122 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,264/month

83 Days on Market

Highlights

  • Deck
  • Granite Countertops
  • Cooling Available
  • Woodland Elementary School Rated A
  • Front Porch
  • Storm Doors

About This Home

As of December 2021

WELL MAINTAINED 2 STORY DUPLEX AVAILABLE IN JOHNSON CITY! This brick and vinyl siding duplex is conveniently located to I-26, 11E, VA and JC Medical Center, ETSU, downtown Johnson City, restaurants and shopping. This is a great opportunity for the first time investor to the seasoned investor! Each unit is approximately 660 sq. ft. Easy to maintain laminate wood-look flooring throughout was installed within the last 3 years, with the exception of Unit 2 which has a hardwood floor in the living room, along with fresh interior paint. This duplex features two good sized bedrooms with ceiling fans. Both full baths had also been remodeled after current owner purchased with sink and vanity and has a shower / tub combination. Kitchens are complete with stove, refrigerator and dishwasher, nice cabinets with granite counter tops, a double sink and tiled backsplash. New stove was installed in lower unit this year. New dishwasher installed in upper unit in June 2019. Laundry area with washer and dryer hookups are located in the kitchen areas. Nice sized living room with ceiling fan. There are steps leading to the balcony porch for the 2nd unit which allows for a covered front porch over the bottom unit. There is graveled off street parking enough for 4 cars. New central heat and air conditioning units for both units were installed in March 2019. Neither unit has been vacant for any extended period of time since the current owner purchased it. Both units are currently rented. Lower unit is rented through 1/22 and the top unit is rented through 2/22. Both leases would need to be honored through their expiration dates. Owner is currently having the duplex connected to the city sewer.
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Last Agent to Sell the Property

L.B. Brooks

Signature Properties JC License #327719 Listed on: 08/16/2021

Last Buyer's Agent

LANDON MORRISON

RE/MAX Preferred License #304107

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,165

Year Built

  • Built in 1960

Lot Details

  • 0.43 Acre Lot
  • Level Lot
  • Property is in good condition

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Brick Exterior Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,320 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Crawl Space
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher
  • Granite Countertops

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Woodland Elementary School
  • Liberty Bell Middle School
  • Science Hill High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank

Community Details

  • 2 Units
  • Clark Wm Farm Subdivision

Listing and Financial Details

  • Assessor Parcel Number 045m F 029.00 000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,165

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Directions: From State of Franklin, take 3rd right on Indian Ridge Rd., then sharp left on Lark St. Duplex on left side of road. See sign.
  • Prop. Type: Residential Income
  • Year Built: 1960
  • Property Sub Type: Duplex
  • Subdivision Name: Clark Wm Farm
  • Architectural Style: Duplex
  • Unit Levels: Two
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 045m F 029.00 000
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.43
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Woodland Elementary
  • General Property Description Middle School2: Liberty Bell
  • General Property Description High School3: Science Hill
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • General Property Description Lot Dimensions: 125 X 150.6 IRR
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • AC Heat Pump3: Yes
  • General Property Description Stories2: 2
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Laminate: Yes
  • Roof Metal3: Yes
  • General Property Description # Buildings: 1
  • General Property Description Total Units: 2
  • General Property Description Home Warranty2: No
  • Style Duplex: Yes
  • Levels:Two: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Has Basement: Crawl Space
  • Flooring: Laminate
  • Interior Amenities: Granite Counters, Smoke Detector(s), Storm Door(s)
  • InteriorFeatures:Smoke Detector(s): Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Granite Counters: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • InteriorFeatures:Storm Door(s): Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Metal
  • Lot Features: Level
  • Acres: 0.43
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Deck, Front Porch
  • Exterior Finish Brick4: Yes
  • Exterior Finish Vinyl Siding: Yes
  • PorchPatioDeck Deck: Yes
  • PorchPatioDeck Front Porch: Yes

Garage/Parking

  • Parking Features: Gravel
  • Attached Garage: No
  • Parking Features:Gravel: Yes

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Tank
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Schools

  • Elementary School: Woodland Elementary
  • High School: Science Hill
  • Middle Or Junior School: Liberty Bell

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 125 X 150.6 IRR
  • Lot Size Sq Ft: 18730.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 045m F 029.00 000
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2021
Closed on
Dec 10, 2021
Sold by
Hoskins Joseph William
Bought by
Popescu Paul and Kovacs Ana
Seller's Agent
L.B. Brooks
Signature Properties JC
Buyer's Agent
LANDON MORRISON
RE/MAX Preferred
List Price
$149,000
Sold Price
$161,000
Premium/Discount to List
$12,000
8.05%
Current Estimated Value
$222,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,879
Avg. Annual Appreciation
8.74%
Original Mortgage
$120,750
Outstanding Balance
$111,029
Interest Rate
3.09%
Mortgage Type
FHA
Estimated Equity
$111,850

Purchase Details

Closed on
Jul 31, 2018
Sold by
Tucker Donald E and Tucker Diana S
Bought by
Hoskins Joseph William

Purchase Details

Closed on
Dec 17, 1993
Bought by
Davis Fred and Davis Willa

Purchase Details

Closed on
Jan 6, 1986
Bought by
King Betty Jackson and King Herman H
Source: Public Records

Range of Values:

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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
Popescu Paul $161,000 None Available
Hoskins Joseph William $75,000 None Available
Davis Fred $41,500 --
King Betty Jackson -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Popescu Paul $120,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2021 12/10/21 Sold $161,000 +8.1% $122 / Sq Ft
11/08/2021 11/08/21 Pending -- -- --
08/16/2021 08/16/21 For Sale $149,000 -- $113 / 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
2024 $1,165 $68,120 $22,960 $45,160
2022 $689 $32,040 $10,800 $21,240
2021 $1,243 $32,040 $10,800 $21,240
2020 $1,237 $32,040 $10,800 $21,240
2019 $798 $32,040 $10,800 $21,240
2018 $1,432 $33,520 $10,800 $22,720
2017 $1,432 $33,520 $10,800 $22,720
2016 $1,425 $33,520 $10,800 $22,720
2015 $1,207 $33,520 $10,800 $22,720
2014 $1,207 $33,520 $10,800 $22,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9927228

Tennessee/Virginia Regional MLS

APN: 045M-F-029.00