NOT LISTED FOR SALE

1300 S Buffalo St Erwin, TN 37650

Estimated Value: $348,105

Studio
-- Bath
-- Sq Ft
6.42 Acres Lot

Sale Details

Date Sold: March 7, 2023

Last sale price $315,000

Est. 11% increase in value since last sale

Current estimated payment $1,926 / mo

190 Days on Market

Highlights

  • 6.42 Acre Lot
  • Cooling Available
  • Heating System Uses Natural Gas
  • Mountain View
  • Level Lot

About This Home

As of March 2023

ATTENTION INVESTORS!!!!

Looking for a profitable investment? This property has a nice projected return, this 24 lot mobile home park currently sits with 16 occupied pads and the current owners own 2 trailers. 1300 South Buffalo St is just right outside the city of Erwin. This place is ready for someone to make this place their own. With nearly a 9% cap rate; this opportunity of investment will not last long at $375k, Call today and schedule your appointments! All information contained herein is deemed reliable but gathered from tax records and homeowner and is subject to buyers verification.

Last Agent to Sell the Property

Craig Shelton

REMAX Checkmate, Inc. Realtors License #358621 Listed on: 07/21/2022

Last Buyer's Agent

Craig Shelton

REMAX Checkmate, Inc. Realtors License #358621 Listed on: 07/21/2022

Property Details

Home Type

  • Manufactured Home

Lot Details

  • 6.42 Acre Lot
  • Lot Dimensions are 1129x450
  • Level Lot
  • Cleared Lot
  • Property is in below average condition

Parking

  • Gravel Driveway

Property Views

  • Mountain Views

Schools

  • Rock Creek Elementary School
  • Unicoi Co Middle School
  • Unicoi Co High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 023057.01

Community Details

Overview

  • 16 Buildings
  • 24 Units

Building Details

  • Operating Expense $11,612

Property Details

Home Type

Manufactured Home

Lot Details

6.42 Acres

Listing Details

  • Directions: From Johnson City TN, take exit 37 onto Jonesborough Rd, turn left onto S Buffalo st, you will go through the first stop sign then the mobile home park will be on your right
  • Prop. Type: Residential Income
  • Property Sub Type: Multi-Family
  • Subdivision Name: Not In Subdivision
  • Architectural Style: See Remarks
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 023057.01
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 6.42
  • General Property Description Zoning2: R
  • General Property Description Elementary School3: Rock Creek
  • General Property Description Middle School2: Unicoi Co
  • General Property Description High School3: Unicoi Co
  • Water Public: Yes
  • General Property Description Lot Dimensions: 1129x450
  • TopographyLot Description Level2: Yes
  • View Mountain(s): Yes
  • TopographyLot Description Cleared: Yes
  • Property Condition Below Average: Yes
  • General Property Description # Buildings: 16
  • General Property Description Total Units: 24
  • General Property Description Home Warranty2: No
  • Special Features: None

Exterior Features

  • Property Condition: Below Average
  • Lot Features: Level, Cleared
  • View: Mountain(s)
  • Acres: 6.42
  • Home Warranty: No
  • Construction Type: See Remarks
  • Construction:Manufactured: Yes

Garage/Parking

  • Parking Features: Gravel
  • Attached Garage: No
  • Parking Features:Gravel: Yes

Utilities

  • Heating: Natural Gas
  • Sewer: Septic Tank
  • Cooling: Other
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Sewer Septic Tank: Yes
  • Heating:Natural Gas2: Yes

Schools

  • Elementary School: Rock Creek
  • High School: Unicoi Co
  • Middle Or Junior School: Unicoi Co

Lot Info

  • Zoning: R
  • Lot Dimensions: 1129x450
  • Lot Size Sq Ft: 279655.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 023057.01
  • ResoLotSizeUnits: Acres

Multi Family

  • Vacancy Allowance Rate: 8.0

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/07/2023 03/07/23 Sold $315,000 -16.0% --
01/28/2023 01/28/23 Pending -- -- --
07/21/2022 07/21/22 For Sale $375,000 -- --
Source: Tennessee/Virginia Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $560 $21,440 $13,680 $7,760
2024 $560 $21,440 $13,680 $7,760
2023 $560 $21,440 $0 $0
2022 $504 $21,440 $13,680 $7,760
2021 $583 $20,440 $13,680 $6,760
2020 $549 $20,440 $13,680 $6,760
2019 $549 $20,440 $13,680 $6,760
2018 $549 $20,440 $13,680 $6,760
2017 $549 $20,440 $13,680 $6,760
2016 $528 $19,680 $13,680 $6,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9941074

Tennessee/Virginia Regional MLS

APN: 023-05701-200

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