NOT LISTED FOR SALE

1254 Ridgetop Trail Kingsport, TN 37664

Estimated Value: $1,028,000 - $1,128,000

1.04 Acres
$1,044,065 Price per Acre
45,302 Sq Ft Lot

Last Sold October 02, 2020

Last sale price $150,000

Est. 624% increase in value since last sale

Current estimated payment $6,462/month

1,519 Days on Market

About This Lot

As of October 2020

Nestled in the midst of Tennessee's rolling green hills lies the gem of Sullivan County - Old Island Community. With large home sites and a variety of community amenities, residents can find themselves living in luxury amidst the picturesque landscape. Minutes to The Pinnacle Bristol and downtown Johnson City, the Old Island Community offers homebuyers an opportunity to own not only a home but a lifestyle. With Crockett Ridge Golf Course between the two neighboring phases, Crockett Landing and The Islands, and a convenient location to shopping, schools, state highways and miles of hiking and horse trails, Old Island is the perfect marriage of southern charm, country living, and modern amenities. Homebuyers will have the option of purchasing one of our pre-built homes, or choosing from one of the beautiful floor plans from our preferred builder, Patterson Homes, and customizing it to meet their needs. Let our builders create the home of your dreams in one of the most stunning locations in Tennessee. From the beautiful homes in Crockett Landing to the luxuriously appointed estates of The Islands, there is an ideal home in our community for the most finicky of buyers. Surrounded by verdant landscape with portrait views on all sides, it is easy to see why residents are calling Old Island a country oasis in the middle of the city. For more information or to reserve your lot today, contact Old Island Community.

Last Agent to Sell the Property

Amy Patterson

Conservus Homes License #246163 Listed on: 05/06/2020

Last Buyer's Agent

Alan Hill

Blue Ridge Properties License #342989

Property Details

Property Type

  • Land

Lot Details

  • 1.04 Acre Lot
  • Property is zoned RS

HOA Fees

  • $35 Monthly HOA Fees

Schools

  • Jefferson Elementary School
  • Robinson Middle School
  • Dobyns Bennett High School

Utilities

  • Underground Utilities

Community Details

  • Old Island Subdivision

Listing and Financial Details

  • Assessor Parcel Number 033P A 047.00

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$35 per month

Listing Details

  • Directions: Located in the Indian Springs area of the City of Kingsport. From John B Dennis Hwy, take Memorial Blvd four miles to Island Road, left on Island Road for one mile to Old Island entrance on left.
  • Prop. Type: Land
  • Subdivision Name: Old Island
  • Location Tax Legal Info Parcel ID: 033P A 047.00
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 1.04
  • General Property Description Zoning2: RS
  • General Property Description Elementary School3: Jefferson
  • General Property Description Middle School2: Robinson
  • General Property Description High School3: Dobyns Bennett
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • Utilities Electricity Available: Yes
  • General Property Description HOA Fee: 35.0
  • Utilities Underground Utilities: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 1.04

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 35.0
  • Association: Yes

Schools

  • Elementary School: Jefferson
  • High School: Dobyns Bennett
  • Middle Or Junior School: Robinson

Lot Info

  • Zoning: RS
  • Lot Dimensions: 1.04
  • Lot Size Sq Ft: 45302.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 033P A 047.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2020
Closed on
Oct 1, 2020
Sold by
Lifestyle Development Company Llc
Bought by
Gibbs Thomas Blondell and Gibbs Debbie Linda
Seller's Agent
Amy Patterson
Conservus Homes
Buyer's Agent
Alan Hill
Blue Ridge Properties
List Price
$199,900
Sold Price
$150,000
Premium/Discount to List
-$49,900
-24.96%
Current Estimated Value
$1,085,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$935,828
Avg. Annual Appreciation
47.76%
Original Mortgage
$690,388
Outstanding Balance
$617,740
Interest Rate
2.9%
Mortgage Type
Construction
Estimated Equity
$468,088
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gibbs Thomas Blondell $150,000 Reliable Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibbs Thomas Blondell $690,388
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2020 10/02/20 Sold $150,000 -25.0% --
05/06/2020 05/06/20 Pending -- -- --
03/08/2016 03/08/16 For Sale $199,900 -- --
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 -- $199,500 $38,550 $160,950
2023 $8,787 $199,500 $38,550 $160,950
2022 $8,787 $199,500 $38,550 $160,950
2021 $1,817 $199,500 $38,550 $160,950
2020 $0 $42,400 $42,400 $0
2019 $2,014 $43,475 $43,475 $0
2018 $1,968 $43,475 $43,475 $0
2017 $1,968 $43,475 $43,475 $0
2016 $1,756 $37,800 $37,800 $0
2014 $1,985 $45,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 373797

Tennessee/Virginia Regional MLS

APN: 033P-A-047.00