NOT LISTED FOR SALE

1287 Milligan Hwy Johnson City, TN 37601

Estimated Value: $209,000 - $340,089

4 Beds
2 Baths
2,265 Sq Ft
$133/Sq Ft Est. Value

Last Sold January 13, 2012

Last sale price $48,000 $21 Per Sq Ft

Est. 529% increase in value since last sale

Current estimated payment $1,757/month

92 Days on Market

Highlights

  • Cape Cod Architecture
  • Circular Driveway
  • Cooling Available
  • Wood Flooring
  • 1 Car Attached Garage
  • Level Lot

About This Home

As of January 2012

This is a Fannie Mae Homepath property. The Storybook Setting in this unique Cape Cod Home w/4bdrms. 2 ba, hardwood flooring through out and only mins. from ETSU, Milligan College, VA Center and JC Med. Center. Mature trees and level lawn make this home a must see. House is in need of repairs, updating and decorating limited to only your imagination. Sold as is.

Last Agent to Sell the Property

ED ENTREKIN

Hearth and Home Realty License #276398 Listed on: 09/29/2011

Last Buyer's Agent

Colleen Lyons

Realty Executives Associates License #246981

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,496

Year Built

  • Built in 1929

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 150x150
  • Level Lot
  • Property is in below average condition

Parking

  • 1 Car Attached Garage
  • Circular Driveway
  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Asphalt Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,265 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Wood Flooring
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Happy Valley Elementary And Middle School
  • Happy Valley High School

Utilities

  • Cooling Available
  • Heating Available
  • Septic Tank

Community Details

  • Pinecrest Subdivision

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 006.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,496

Year Built

Built in 1929

Lot Details

0

Parking

1

Listing Details

  • Directions: From Johnson City, take Milligan Hwy, toward Elizabethton. Home is on the left, approx. 1 mile beyond the convenience market.
  • Prop. Type: Residential
  • Year Built: 1929
  • Garage Garage Spaces: 1
  • Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: In Foreclosure
  • Subdivision Name: Pinecrest
  • Architectural Style: Cape Cod
  • Unit Levels: Two
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: Yes
  • General Property Description Acres: 0.51
  • General Property Description Zoning2: residential
  • General Property Description Elementary School3: Happy Valley
  • General Property Description Middle School2: Happy Valley
  • General Property Description High School3: Happy Valley
  • Water Public: Yes
  • General Property Description Lot Dimensions: 150X150
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 2265.0
  • General Property Description Above Grade SqFt: 2265.0
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 006.00
  • Property Condition Poor: Yes
  • RoofAsphalt: Yes
  • Levels:Two: Yes
  • Structure Type:House: Yes
  • Special Features: 1028

Interior Features

  • Has Basement: Partial, Unfinished
  • Flooring: Hardwood
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Total Bedrooms: 9
  • General Property Description Baths - Full: 2
  • Fireplace:Living Room: Yes
  • Basement:Unfinished: Yes
  • Basement:Partial: Yes

Exterior Features

  • Property Condition: Poor
  • Roof: Asphalt
  • Acres: 0.51
  • Topography: Level
  • Home Warranty: No
  • Construction Type: Vinyl Siding, Wood Siding, Other, See Remarks
  • Exterior Finish Wood Siding: Yes
  • Exterior Finish Vinyl Siding: Yes

Garage/Parking

  • Parking Features: Attached, Circular Driveway, Gravel
  • Sq Ft DetailsGarageTotalSq Ft: 440
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features:Gravel: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Circular Driveway: Yes

Utilities

  • Heating: Other, See Remarks
  • Sewer: Septic Tank
  • Cooling: Other, See Remarks
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Sewer Septic Tank: Yes
  • Heating:See Remarks10: Yes
  • Heating:Other12: Yes

Schools

  • Elementary School: Happy Valley
  • High School: Happy Valley
  • Middle Or Junior School: Happy Valley

Lot Info

  • Zoning: residential
  • Lot Dimensions: 150X150
  • Lot Size Sq Ft: 22215.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 006.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2011
Closed on
Jan 13, 2012
Sold by
Federal National Mortgage Association
Bought by
Smith Tim and Smith Brenda
Seller's Agent
ED ENTREKIN
Hearth and Home Realty
Buyer's Agent
Colleen Lyons
Realty Executives Associates
List Price
$76,900
Sold Price
$48,000
Premium/Discount to List
-$28,900
-37.58%
Current Estimated Value
$301,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,772
Avg. Annual Appreciation
14.09%

Purchase Details

Closed on
Sep 30, 2011
Sold by
Potter Sandra K
Bought by
Federal National Mtg Associati

Purchase Details

Closed on
Sep 6, 2011
Bought by
Smith Tim and Smith Brenda

Purchase Details

Closed on
Jun 28, 2006
Bought by
Potter Sandra K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
6.6%

Purchase Details

Closed on
Oct 14, 1941
Bought by
Swadley Faye Speer

Purchase Details

Closed on
Apr 1, 1939
Source: Public Records

Range of Values:

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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
Smith Tim $48,000 --
Federal National Mtg Associati $85,558 --
Smith Tim $48,000 --
Potter Sandra K $142,500 --
Swadley Faye Speer -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Potter Sandra K $69,500
Previous Owner Sandra Potter $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2012 01/13/12 Sold $48,000 -37.6% $21 / Sq Ft
12/31/2011 12/31/11 Pending -- -- --
09/29/2011 09/29/11 For Sale $76,900 -- $34 / 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 $1,496 $45,350 $9,000 $36,350
2023 $1,496 $45,350 $0 $0
2022 $1,633 $45,350 $9,000 $36,350
2021 $921 $45,350 $9,000 $36,350
2020 $1,864 $45,350 $9,000 $36,350
2019 $1,864 $43,150 $13,925 $29,225
2018 $1,838 $43,150 $13,925 $29,225
2017 $1,838 $43,150 $13,925 $29,225
2016 $1,829 $43,150 $13,925 $29,225
2015 $1,834 $43,150 $13,925 $29,225
2014 $1,776 $41,600 $13,925 $27,675
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 312596

Tennessee/Virginia Regional MLS

APN: 055J-B-006.00