NOT LISTED FOR SALE

1321 Magnolia Ave Kingsport, TN 37664

Estimated Value: $195,198 - $223,000

3 Beds
1.5 Baths
1,434 Sq Ft
$145/Sq Ft Est. Value

Last Sold December 02, 2021

Last sale price $150,000 $105 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,171/month

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Cottage
  • Abraham Lincoln Elementary School Rated A-
  • Solid Surface Countertops
  • Cedar Closet

About This Home

As of December 2021

***MULTIPLE OFFERS SITUATION**

Sellers are asking for highest and best by 8:00 pm Friday, October 22nd.

CUTE CUTE CUTE remodeled cottage near downtown Kingsport across from Lincoln Elementary School. This 3 bedroom, 1.5 bath home features a spacious and bright living room, an updated kitchen and full bathroom, surprisingly roomy closets for storage, and a half-bath in the master bedroom. This is true one-level living at its finest with the laundry on the main level and over 1400 finished square feet. Additionally, the home has an exterior-entry basement with ample headroom so extra storage is not a problem. Buyers don't have to worry about sharing a driveway either; this property has its own. There is also a detached garage, for which the sellers are offering a $3,000.00 allowance (with an acceptable offer) to fix up and repair to make it as good as new. The heat pump has been replaced within the last five years as well. With a large, level lot that is fully fenced from front to back and a location that is central to everything in Kingsport, you won't want to miss your chance to see this adorable home at a competitive price. Schedule your showing today!

All information herein deemed to be reliable but not guaranteed. Buyer/buyer's agent to verify all information.

Washer and Dryer do not convey.

Last Agent to Sell the Property

Shelley Martin

Prestige Homes of the Tri Cities, Inc. License #349770,0225243111 Listed on: 10/21/2021

Last Buyer's Agent

Linda Crass

Coldwell Banker Jim Henry

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1943 | Remodeled

Lot Details

  • 10,454 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot
  • Property is in average condition
  • Property is zoned R 1B

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,434 Sq Ft Home
  • 1-Story Property
  • Paneling
  • 1 Fireplace
  • Combination Kitchen and Dining Room
  • Washer and Electric Dryer Hookup

Kitchen

  • Built-In Electric Oven
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Parquet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Cedar Closet
  • Walk-In Closet

Outdoor Features

  • Patio

Schools

  • Lincoln Elementary School
  • Sevier Middle School
  • Dobyns Bennett High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Community Details

  • Bays View Subdivision

Listing and Financial Details

  • Assessor Parcel Number 061c A 024.00

Home Details

Home Type

Single Family

Year Built

Built in 1943 | Remodeled

Lot Details

0

Listing Details

  • Directions: From Colonial Heights: Fort Henry Drive to Center St. Turn left on Lamont St. Turn right on Magnolia Avenue. House on left. Sign in yard. GPS friendly.
  • Prop. Type: Residential
  • Year Built: 1943
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Bays View
  • Architectural Style: Cottage
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.24
  • General Property Description Zoning2: R 1B
  • General Property Description Elementary School3: Lincoln
  • General Property Description Middle School2: Sevier
  • General Property Description High School3: Dobyns Bennett
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 62 X 169.61 IRR
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1434.0
  • General Property Description Above Grade SqFt: 1434.0
  • AC Central Air: Yes
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 061c A 024.00
  • General Property Description # Fireplaces: 1
  • AC Heat Pump3: Yes
  • General Property Description Stories2: 1
  • Roof Composition: Yes
  • Interior Features KitchenDining Combo: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Laminate: Yes
  • Walls Paneling: Yes
  • Property Condition Average: Yes
  • Fencing Full2: Yes
  • Flooring Parquet: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Built-In Electric Oven, Dishwasher, Refrigerator
  • Flooring: Hardwood, Laminate, Parquet
  • Interior Amenities: Cedar Closet(s), Kitchen/Dining Combo, Remodeled, Solid Surface Counters, Walk-In Closet(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • General Property Description Baths - Full: 1
  • Interior Features:Solid Surface Counters: Yes
  • Appliances Dishwasher: Yes
  • General Property Description Baths - 12: 1
  • InteriorFeatures:Remodeled: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Built-In Electric Oven: Yes
  • InteriorFeatures:Cedar Closet(s): Yes

Exterior Features

  • Property Condition: Average
  • Roof: Composition
  • Fencing: Full
  • Acres: 0.24
  • Topography: Level
  • Home Warranty: No
  • Construction Type: Aluminum Siding
  • Patio And Porch Features: Front Patio
  • PorchPatioDeck Front Patio: Yes
  • Exterior Finish Aluminum Siding: Yes

Garage/Parking

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

Utilities

  • Heating: Central, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Heat Pump2: Yes

Schools

  • Elementary School: Lincoln
  • High School: Dobyns Bennett
  • Middle Or Junior School: Sevier

Lot Info

  • Zoning: R 1B
  • Lot Dimensions: 62 X 169.61 IRR
  • Lot Size Sq Ft: 10454.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 061c A 024.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2021
Closed on
Dec 2, 2021
Sold by
Crowder Matthew and Crowder Carly
Bought by
Elison Gabriel Chase and Ellison M
Seller's Agent
Shelley Martin
Prestige Homes of the Tri Cities, Inc.
Buyer's Agent
Linda Crass
Coldwell Banker Jim Henry
List Price
$139,900
Sold Price
$150,000
Premium/Discount to List
$10,100
7.22%
Current Estimated Value
$207,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,800
Avg. Annual Appreciation
8.69%
Original Mortgage
$142,690
Outstanding Balance
$131,290
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$76,510

Purchase Details

Listed on
Aug 25, 2016
Closed on
Dec 5, 2016
Sold by
Coger Robert C
Bought by
Crowder Matthew
Seller's Agent
TERESA MYERS
Blue Ridge Properties Col Hgts
Buyer's Agent
TERESA MYERS
Blue Ridge Properties Col Hgts
List Price
$79,900
Sold Price
$75,000
Premium/Discount to List
-$4,900
-6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.90%
Original Mortgage
$60,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2010
Sold by
Exe Cole Paul Randal
Bought by
Coger Robert C
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
Elison Gabriel Chase $150,200 Heritage Ttl & Closing Svcs
Crowder Matthew $75,000 --
Coger Robert C $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elison Gabriel Chase $142,690
Previous Owner Crowder Matthew $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2021 12/02/21 Sold $150,000 +7.2% $105 / Sq Ft
10/22/2021 10/22/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $139,900 +86.5% $98 / Sq Ft
12/05/2016 12/05/16 Sold $75,000 -6.1% $52 / Sq Ft View Prior Sale
12/02/2016 12/02/16 Pending -- -- --
08/25/2016 08/25/16 For Sale $79,900 -- $56 / 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 -- $21,200 $3,725 $17,475
2023 $934 $21,200 $3,725 $17,475
2022 $934 $21,200 $3,725 $17,475
2021 $908 $21,200 $3,725 $17,475
2020 $525 $21,200 $3,725 $17,475
2019 $947 $20,425 $3,725 $16,700
2018 $924 $20,425 $3,725 $16,700
2017 $924 $20,425 $3,725 $16,700
2016 $741 $15,950 $2,025 $13,925
2014 $698 $15,946 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9930175

Tennessee/Virginia Regional MLS

APN: 061C-A-024.00