NOT LISTED FOR SALE

129 River Rd Erwin, TN 37650

Estimated Value: $57,230 - $418,000

-- Bed
1 Bath
1,300 Sq Ft
$139/Sq Ft Est. Value

Last Sold February 20, 2024

Last sale price $270,000 $208 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $982/month

23 Days on Market

Highlights

  • No HOA
  • Asbestos
  • Level Lot
  • Cottage

About This Home

As of February 2024

Welcome to 129 & 131 River Road in the Nolichucky Gorge area of Erwin, TN! This property is almost 2 acres of flat land with river frontage that features 2 houses, and 3 parcels. All information is deemed reliable, but not guaranteed. Buyer / Buyer's agent to verify any / all information.

Last Agent to Sell the Property

Michael Baker

Greater Impact Realty Erwin License #333409 Listed on: 01/25/2024

Last Buyer's Agent

Shane O'Hare

REMAX Checkmate, Inc. Realtors License #353066

REMAX Checkmate, Inc. Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $336

Year Built

  • Built in 1927

Lot Details

  • 1.96 Acre Lot
  • Level Lot

Home Design

  • 1,300 Sq Ft Home
  • Cottage
  • Asbestos

Schools

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

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 038 112.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$336

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Directions: Off Temple Hill Road turn onto River Road. House on RIGHT. See sign
  • Prop. Type: Residential Income
  • Year Built: 1927
  • Property Sub Type: Multi-Family
  • Architectural Style: Cottage
  • Location Tax Legal Info Parcel ID: 038 112.00
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 1.96
  • General Property Description Zoning2: R
  • General Property Description Elementary School3: Love Chapel
  • General Property Description Middle School2: Unicoi Co
  • General Property Description High School3: Unicoi Co
  • General Property Description HOA YN: No
  • Water Public: Yes
  • General Property Description Lot Dimensions: 1.96 Acres
  • TopographyLot Description Level2: Yes
  • Exterior Finish Asbestos: Yes
  • General Property Description Total Units: 2
  • Special Features: None

Exterior Features

  • Lot Features: Level
  • Acres: 1.96
  • Construction Type: Asbestos

Utilities

  • Heating: See Remarks
  • Cooling: See Remarks
  • Water Source: Public
  • Heating:See Remarks10: Yes

Schools

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

Lot Info

  • Zoning: R
  • Lot Dimensions: 1.96 Acres
  • Lot Size Sq Ft: 85377.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 038 112.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2024
Closed on
Feb 16, 2024
Sold by
Asheville Adventure Travel Llc
Bought by
Wise Terry and Wise Danielle Cynthia
Seller's Agent
Michael Baker
Greater Impact Realty Erwin
Buyer's Agent
Shane O'Hare
REMAX Checkmate, Inc. Realtors
List Price
$270,000
Sold Price
$270,000
Views
81
Current Estimated Value
$180,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$89,442
Avg. Annual Appreciation
-21.41%

Purchase Details

Listed on
Jul 6, 2021
Closed on
Aug 18, 2021
Sold by
Shealy Stephen Scott
Bought by
Asheville Adventure Travel Llc
Seller's Agent
Andy Baxter
KW Kingsport
Buyer's Agent
MICHAEL BAKER
Greater Impact Realty Jonesborough
List Price
$200,000
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.81%
Original Mortgage
$120,000
Interest Rate
2.15%

Purchase Details

Closed on
Oct 24, 2007
Sold by
Sheely Helen E
Bought by
Shealy Stephen Scott
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
Wise Terry $270,000 None Listed On Document
Asheville Adventure Travel Llc $66,666 None Available
Shealy Stephen Scott -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Asheville Adventure Travel Llc $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/20/2024 02/20/24 Sold $270,000 0.0% $208 / Sq Ft
02/18/2024 02/18/24 Pending -- -- --
01/25/2024 01/25/24 For Sale $270,000 +35.0% $208 / Sq Ft
08/24/2021 08/24/21 Sold $200,000 0.0% $318 / Sq Ft View Prior Sale
07/09/2021 07/09/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $200,000 -- $318 / 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 $336 $12,875 $5,400 $7,475
2023 $336 $12,875 $0 $0
2022 $303 $12,875 $5,400 $7,475
2021 $223 $7,800 $5,400 $2,400
2020 $209 $7,800 $5,400 $2,400
2019 $209 $7,800 $5,400 $2,400
2018 $209 $7,800 $5,400 $2,400
2017 $209 $7,800 $5,400 $2,400
2016 $197 $7,325 $5,400 $1,925
2015 $197 $7,325 $0 $0
2014 $197 $7,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9961265

Tennessee/Virginia Regional MLS

APN: 038-11200-000