NOT LISTED FOR SALE

118 W Gibson St Kingsport, TN 37660

Estimated Value: $159,000 - $225,828

2 Beds
2 Baths
1,446 Sq Ft
$143/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $136,700 $95 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,207/month

24 Days on Market

Highlights

  • Open Floorplan
  • A-Frame Home
  • Wood Flooring
  • Ross N. Robinson Middle School Rated A
  • Deck
  • Loft

About This Home

As of September 2020

A rare find in downtown Kingsport! Check out this 2BR/2BA (optional 3rd bedroom loft) A-Frame sandwiched conveniently between Stone Drive and downtown. The custom-built home features hardwood flooring throughout the main level, 20 ft ceilings in the great room and a river stone fireplace with gas logs. The main level also features 2 generously-sized bedrooms, a laundry closet, full bath and kitchen with a passthrough to the living space. Upstairs, the spacious loft can serve in many different capacities: office, bedroom, kid's room, media room, etc. Plus, you have a 1/2 bath in the space. On the outside, you have a large wrap-around deck and you're located under 1/4 mile from Kingsport's Greenbelt.

Last Agent to Sell the Property

SETH JERVIS

Century 21 Legacy Fort Henry License #313213 Listed on: 07/23/2020

Last Buyer's Agent

Rachel Smith

KW Kingsport License #346315

KW Kingsport

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • Level Lot
  • Property is in good condition

Parking

  • Gravel Driveway

Home Design

  • A-Frame Home
  • Block Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,446 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Bar
  • Gas Log Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Great Room with Fireplace
  • Loft
  • Crawl Space

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Wrap Around Porch

Schools

  • Jackson Elementary School
  • Sevier Middle School
  • Dobyns Bennett High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Cable TV Available

Community Details

  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 046g B 012.00

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Directions: Stone drive to Gibson Mill. Turn Right onto W Gibson Street. Home is on the Right.
  • Prop. Type: Residential
  • Year Built: 2007
  • Property Sub Type: Single Family Residence
  • Architectural Style: A Frame
  • Unit Levels: One and One Half
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Jackson
  • General Property Description Middle School2: Sevier
  • General Property Description High School3: Dobyns Bennett
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 046G B 012.00
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1446.0
  • General Property Description Above Grade SqFt: 1446.0
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 046g B 012.00
  • General Property Description # Fireplaces: 1
  • Roof Shingle: Yes
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • General Property Description Stories2: 2
  • Utilities Cable Connected: Yes
  • Foundation Block6: Yes
  • Fireplace Great Room: Yes
  • Flooring Ceramic Tile: Yes
  • Levels One and One Half: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Has Basement: Crawl Space
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Bar, Laminate Counters, Open Floorplan
  • Window Features: Double Pane Windows, Insulated Windows
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Total Bedrooms: 5
  • General Property Description Baths - Full: 2
  • Appliances Dishwasher: Yes
  • Interior Features:Laminate Counters: Yes
  • Fireplace:Gas Log: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • Other Rooms:Loft: Yes
  • InteriorFeatures:Bar: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Shingle
  • Topography: Level
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Wrap Around
  • Exterior Finish Wood Siding: Yes
  • Window Features:Double Pane Windows: Yes
  • Window Features:Insulated Windows: Yes
  • PorchPatioDeck Deck: Yes
  • PorchPatioDeck Wrap Around: Yes

Garage/Parking

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

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Utilities: Cable Connected
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Schools

  • Elementary School: Jackson
  • High School: Dobyns Bennett
  • Middle Or Junior School: Sevier

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 046G B 012.00
  • Parcel #: 046g B 012.00

Tax Info

  • Tax Book Number: 3082

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Sep 18, 2020
Sold by
Watts Joshua M and Watts Kyndall L
Bought by
Swiney Luke
Seller's Agent
SETH JERVIS
Century 21 Legacy Fort Henry
Buyer's Agent
Rachel Smith
KW Kingsport
List Price
$144,500
Sold Price
$136,700
Premium/Discount to List
-$7,800
-5.4%
Current Estimated Value
$207,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,757
Avg. Annual Appreciation
8.51%
Original Mortgage
$132,599
Outstanding Balance
$117,455
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$90,002

Purchase Details

Closed on
May 24, 2013
Sold by
Watts Joshua M
Bought by
Watts Joshua M and Watts Kyndall L

Purchase Details

Closed on
Aug 20, 2007
Sold by
Watts Tommy L
Bought by
Watts Joshua M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,500
Interest Rate
6.7%

Purchase Details

Closed on
Mar 3, 1999
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
Swiney Luke $136,700 Patriot Title Company
Watts Joshua M -- --
Watts Joshua M $102,500 --
-- $8,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swiney Luke $132,599
Previous Owner -- $102,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2020 09/18/20 Sold $136,700 -5.4% $95 / Sq Ft
08/17/2020 08/17/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $144,500 -- $100 / 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 -- $32,450 $2,550 $29,900
2023 $1,429 $32,450 $2,550 $29,900
2022 $1,429 $32,450 $2,550 $29,900
2021 $1,390 $32,450 $2,550 $29,900
2020 $720 $32,450 $2,550 $29,900
2019 $1,299 $28,025 $2,550 $25,475
2018 $1,268 $28,025 $2,550 $25,475
2017 $1,268 $28,025 $2,550 $25,475
2016 $1,223 $26,325 $925 $25,400
2014 $1,152 $26,329 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9910762

Tennessee/Virginia Regional MLS

APN: 046G-B-012.00