NOT LISTED FOR SALE

120 Oak St Erwin, TN 37650

Banner Hill Neighborhood

Estimated Value: $274,135 - $308,000

4 Beds
2 Baths
1,472 Sq Ft
$196/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $210,000 $143 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,610/month

17 Days on Market

Highlights

  • Mountain View
  • Eat-In Kitchen
  • Central Air
  • Front Porch
  • Tile Flooring
  • Level Lot

About This Home

As of June 2021

Beautiful 4 Bedroom, 2 bath home built in 2019. Quite neighborhood with great mountain views. 24x24 detached garage. Large master suite with huge jetted tub. Nice sized eat in kitchen. Great yard, the back yard backs up to mature trees great for privacy. The information in this listing has been obtained from a 3rd party and/or tax records and must be verified before assuming accurate. Buyer(s) must verify all information.

Last Agent to Sell the Property

Cody Tipton

Century 21 Heritage License #353826 Listed on: 05/05/2021

Last Buyer's Agent

Charles Oliver

Greater Impact Realty Erwin License #355343

Greater Impact Realty Erwin

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • Lot Dimensions are 107x175
  • Level Lot
  • Property is in good condition

Parking

  • 2 Car Garage

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,472 Sq Ft Home
  • 1-Story Property
  • Mountain Views
  • Crawl Space
  • Fire and Smoke Detector
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Range

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Front Porch

Schools

  • Love Chapel Elementary School
  • Unicoi Co Middle School
  • Unicoi Co High School

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank

Community Details

  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 031k G 005.00 000

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Directions: Follow I-26 E to TN-36 S/Jackson Love Hwy in Erwin. Take exit 40 from I-26 E, Continue on Jackson Love Hwy. Drive to Oak St in Banner Hill, Turn left onto Oak St, See Sign
  • Prop. Type: Residential
  • Building Stories: 1
  • Year Built: 1961
  • Garage Garage Spaces: 2
  • Property Sub Type: Single Family Residence
  • ResoSecurityFeatures: Smoke Detector(s)
  • Unit Levels: One
  • 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: Love Chapel
  • General Property Description Middle School2: Unicoi Co
  • General Property Description High School3: Unicoi Co
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • General Property Description Lot Dimensions: 107X175
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1472.0
  • General Property Description Above Grade SqFt: 1472.0
  • AC Central Air: Yes
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Tile2: Yes
  • General Property Description Parcel ID2: 031k G 005.00 000
  • Financing FHA: Yes
  • General Property Description Stories2: 1
  • View Mountain(s): Yes
  • TopographyLot Description Sloped: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Laminate: Yes
  • Roof Metal3: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Security Features:Smoke Detector(s): Yes
  • Remarks Misc:userdefined80: Beautiful 4 Bedroom, 2 bath home built in 2019. Quite neighborhood with great mountain views. 24x24 detached garage. Large master suite with huge jetted tub. Nice sized eat in kitchen. Great yard, the back yard backs up to mature trees great for privacy. The information in this listing has been obtained from a 3rd party and/or tax records and must be verified before assuming accurate. Buyer(s) must verify all information.
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Range, Refrigerator
  • Has Basement: Crawl Space
  • Flooring: Laminate, Tile
  • Interior Amenities: Eat-in Kitchen
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • General Property Description Baths - Full: 2
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances Range: Yes
  • Basement:Crawl Space: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Metal
  • View: Mountain(s)
  • Topography: Level, Sloped
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Front Porch
  • Exterior Finish Vinyl Siding: Yes
  • PorchPatioDeck Front Porch: Yes

Garage/Parking

  • Garage Spaces: 2.0

Utilities

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

Schools

  • Elementary School: Love Chapel
  • High School: Unicoi Co
  • Middle Or Junior School: Unicoi Co

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 107X175
  • Parcel #: 031k G 005.00 000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2021
Closed on
Jun 30, 2021
Sold by
Dean Ricky Lynn
Bought by
Johnson Michael Lee
Seller's Agent
Cody Tipton
Century 21 Heritage
Buyer's Agent
Charles Oliver
Greater Impact Realty Erwin
List Price
$214,900
Sold Price
$210,000
Premium/Discount to List
-$4,900
-2.28%
Current Estimated Value
$288,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,784
Avg. Annual Appreciation
7.35%
Original Mortgage
$7,350
Outstanding Balance
$3,992
Interest Rate
2.2%
Estimated Equity
$284,792

Purchase Details

Closed on
Dec 6, 2019
Sold by
Bufflo Mountain Properties Inc
Bought by
Dean Ricky L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,630
Interest Rate
3.75%
Mortgage Type
VA

Purchase Details

Closed on
Apr 12, 2019
Sold by
Price James Britt and Sparks Sally Deneen Price
Bought by
Buffalo Mountain Properties Inc
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
Johnson Michael Lee $210,000 Reliable Title & Escrow Llc
Dean Ricky L $146,630 Foundation Title And Escrow
Buffalo Mountain Properties Inc $40,000 Debbie Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Michael Lee $7,350
Open Johnson Michael Lee $206,196
Previous Owner Dean Ricky L $146,630
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2021 06/30/21 Sold $210,000 -2.3% $143 / Sq Ft
05/23/2021 05/23/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $214,900 -- $146 / 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 $1,165 $44,625 $7,025 $37,600
2024 $1,165 $44,625 $7,025 $37,600
2023 $1,165 $44,625 $0 $0
2022 $1,049 $44,625 $7,025 $37,600
2021 $882 $30,900 $4,675 $26,225
2020 $449 $16,375 $4,675 $11,700
2019 $449 $16,725 $5,025 $11,700
2018 $449 $16,725 $5,025 $11,700
2017 $449 $16,725 $5,025 $11,700
2016 $428 $15,950 $5,025 $10,925
2015 $428 $15,950 $0 $0
2014 $428 $15,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Cody Tipton

    Century 21 Heritage

  • Charles Oliver

    Buyer's Agent in 2021

    Charles Oliver

    Greater Impact Realty Erwin

    (828) 768-1718

    4 in this area

    28 Total Sales

    Charles Oliver
    Section Image
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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9921970

Tennessee/Virginia Regional MLS

APN: 031K-G-00500-000

Tennessee Unicoi County Erwin 37650 Banner Hill

120 Oak St, Erwin, TN

Not Listed for Sale

Detached

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