NOT LISTED FOR SALE

123 Victory Ln Gray, TN 37615

Estimated Value: $518,000 - $656,041

4 Beds
3.5 Baths
3,130 Sq Ft
$196/Sq Ft Est. Value

Last Sold November 10, 2014

Last sale price $275,000 $88 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $3,400/month

306 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Recreation Room
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of November 2014

Orth Homes versatile "Clearwater" design is perfect for every stage of life! This home offers 4BR/3.5BA and over 3100 finished sq ft with dual master suites on each level. The large welcoming foyer showcases an open floor plan leading to the formal dining area and living area with gas log fireplace. The kitchen is any chef's dream with extensive cabinet and counter space, stainless appliances, pantry and accomodating bar area which opens to breakfast nook. Main level master bedroom features walk-in closet and ensuite bath. Powder room and pantry complete the main level. The second level will definitely impress showcasing very large 3rd and 4th bedrooms, each offering a walk-in closet. The 2nd master suite is 21 X 17 and features double vanity sinks, jacuzzi tub, separate shower, and fabulous walk-in closet. Completing the upstairs is a huge 18 X 20 family room, laundry room and additional full bath. Enjoy outdoor living and entertaining from your back patio or covered front porch! Conveniently located to Kingsport and Johnson City, this home comes with a 2 year builder's warranty providing the "Peace of Mind" that comes with buying a quality Orth home. All information herein deemed reliable but subject to buyer's verification. Taxes not yet assessed. NOW COMPLETE.

Last Agent to Sell the Property

GAIL GOUGE

REMAX Checkmate, Inc. Realtors Listed on: 12/17/2013

Last Buyer's Agent

Brenda Whitlock

GODDARD REAL ESTATE & AUCTION COMP License #310794

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2014

Lot Details

  • Landscaped
  • Level Lot
  • Cleared Lot
  • Property is in good condition

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,130 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Entrance Foyer
  • Living Room with Fireplace
  • Recreation Room
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Ridgeview Elementary And Middle School
  • Daniel Boone High School

Utilities

  • Dehumidifier
  • Heat Pump System
  • Septic Tank

Community Details

  • Property has a Home Owners Association
  • FHA/VA Approved Complex

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 051.00

Home Details

Home Type

Single Family

Year Built

Built in 2014

Lot Details

0.63 Acres

Parking

2

Listing Details

  • Directions: From Johnson City, take I26 to Gray Exite. Turn left onto Hwy 75. Turn left onto Shadden Rd. Turn left onto Victory Lane. See sign.
  • Prop. Type: Residential
  • Year Built: 2014
  • Garage Garage Spaces: 2
  • Property Sub Type: Single Family Residence
  • Reso Association Amenities: Landscaping
  • Architectural Style: Traditional
  • Unit Levels: Two
  • 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: Ridgeview
  • General Property Description Middle School2: Ridgeview
  • General Property Description High School3: Daniel Boone
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • General Property Description Lot Dimensions: TBD
  • General Property Description Home Warranty: Yes
  • General Property Description Total SqFt Finished: 3130.0
  • General Property Description Above Grade SqFt: 3130.0
  • Appliances Microwave: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 051.00
  • General Property Description # Fireplaces: 1
  • Roof Shingle: Yes
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • General Property Description Stories2: 2
  • Flooring Carpet: Yes
  • TopographyLot Description Cleared: Yes
  • Foundation Slab: Yes
  • Other Equipment Dehumidifier: Yes
  • Flooring Ceramic Tile: Yes
  • Other Rooms In Law Suite: Yes
  • Other Rooms Recreation Room: Yes
  • Levels:Two: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Other Equipment: Dehumidifier
  • Appliances: Dishwasher, Microwave, Range
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Primary Downstairs, Entrance Foyer, Pantry, Smoke Detector(s), Walk-In Closet(s)
  • Window Features: Double Pane Windows, Insulated Windows
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • General Property Description Baths - Full: 3
  • Interior Features:Pantry: Yes
  • InteriorFeatures:Smoke Detector(s): Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • General Property Description Baths - 12: 1
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Living Room: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Shingle
  • Topography: Cleared, Level
  • Home Warranty: Yes
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Back, Covered, Deck
  • Exterior Finish Brick4: Yes
  • Exterior Finish Vinyl Siding: Yes
  • Window Features:Double Pane Windows: Yes
  • Window Features:Insulated Windows: Yes
  • PorchPatioDeck Back: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Deck: Yes

Garage/Parking

  • Parking Features: Attached, Concrete
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Concrete2: Yes

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Tank
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • AmenitiesLandscaping: Yes

Schools

  • Elementary School: Ridgeview
  • High School: Daniel Boone
  • Middle Or Junior School: Ridgeview

Lot Info

  • Zoning: Residential
  • Lot Dimensions: TBD
  • Parcel #: 051.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2025
Sold by
Wallace Penny Lynette
Bought by
Alley Victor Michael and Alley Teresa Michelle
Current Estimated Value
$613,510

Purchase Details

Closed on
Apr 11, 2022
Sold by
Lynette Wallace Kathy
Bought by
Wallace Penny Lynette

Purchase Details

Listed on
Dec 17, 2013
Closed on
Nov 10, 2014
Sold by
Orth Construction Co
Bought by
Wallace Boyd D and Wallace Kathy L
Seller's Agent
GAIL GOUGE
REMAX Checkmate, Inc. Realtors
Buyer's Agent
Brenda Whitlock
GODDARD REAL ESTATE & AUCTION COMP
List Price
$329,900
Sold Price
$275,000
Premium/Discount to List
-$54,900
-16.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%
Original Mortgage
$275,000
Interest Rate
4.16%
Mortgage Type
VA

Purchase Details

Closed on
May 15, 2013
Bought by
Orth Construction Company
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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Purchase History

Date Buyer Sale Price Title Company
Alley Victor Michael -- None Listed On Document
Alley Victor Michael -- None Listed On Document
Wallace Penny Lynette -- Mayes Brett N
Wallace Boyd D $275,000 --
Orth Construction Company -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wallace Boyd D $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2014 11/10/14 Sold $275,000 -16.6% $88 / Sq Ft
10/20/2014 10/20/14 Pending -- -- --
12/17/2013 12/17/13 For Sale $329,900 -- $105 / Sq Ft
Source: Tennessee/Virginia Regional MLS

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 $2,565 $150,025 $12,200 $137,825
2024 $2,565 $150,025 $12,200 $137,825
2023 $1,839 $85,525 $0 $0
2022 $1,839 $85,525 $6,500 $79,025
2021 $1,839 $85,525 $6,500 $79,025
2020 $1,839 $85,525 $6,500 $79,025
2019 $1,678 $85,525 $6,500 $79,025
2018 $1,678 $70,500 $6,500 $64,000
2017 $1,678 $70,500 $6,500 $64,000
2016 $1,678 $70,500 $6,500 $64,000
2015 $1,592 $70,500 $6,500 $64,000
2014 $1,592 $80,425 $6,500 $73,925
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 342223

Tennessee/Virginia Regional MLS

APN: 019-119.00

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