NOT LISTED FOR SALE

Estimated Value: $175,716

0.35 Acre
$502,046 Price per Acre
15,246 Sq Ft Lot

Last Sold October 18, 2022

Last sale price $150,000

Est. 17% increase in value since last sale

Current estimated payment $1,024/month

141 Days on Market

Highlights

  • Level Lot
  • Ross N. Robinson Middle School Rated A
  • 1-minute walk to Kingsport Centennial Park

About This Lot

As of October 2022

FOR SALE--- First time on Market in Downtown Kingsport! This property has been used as a Parking Lot for many years. Great Investment property to continue as Parking Lot or to build a new facility for Business in downtown. Lot is 95 x 163 and is paved and stripped for parking spaces!
Great Investment Opportunity!!

Last Agent to Sell the Property

John Moody

Blue Ridge Properties Listed on: 05/11/2022

Last Buyer's Agent

Ryan McKinney

KW Johnson City License #322580

KW Johnson City

Property Details

Property Type

  • Land

Lot Details

  • Level Lot
  • Cleared Lot
  • Property is in good condition
  • Property is zoned B-2

Schools

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

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 046p C 036.00
  • Tax Block 3

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Directions: Center St, to right on Cherokee St, property on right. Parking Lot.
  • Prop. Type: Land
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Subdivision Name: Not In Subdivision
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 046p C 036.00
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Zoning2: B-2
  • General Property Description Elementary School3: Jackson
  • General Property Description Middle School2: Sevier
  • General Property Description High School3: Dobyns Bennett
  • Property Condition Above Average: Yes
  • Lot Features Level3: Yes
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Location Tax Legal Info Block: 3
  • Utilities Electricity Available: Yes
  • TopographyLot Description Cleared: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Property Condition: Above Average
  • Lot Features: Level, Cleared

Utilities

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

Schools

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

Lot Info

  • Zoning: B-2
  • Lot Dimensions: 0 x 0
  • Parcel #: 046p C 036.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2022
Closed on
Oct 18, 2022
Sold by
Lingerfelt Tim
Bought by
Gray Line Group Llc
Seller's Agent
John Moody
Blue Ridge Properties
Buyer's Agent
Ryan McKinney
KW Johnson City
List Price
$169,000
Sold Price
$150,000
Premium/Discount to List
-$19,000
-11.24%
Current Estimated Value
$175,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,716
Avg. Annual Appreciation
5.08%
Original Mortgage
$150,000
Outstanding Balance
$88,832
Interest Rate
6.94%
Mortgage Type
Credit Line Revolving
Estimated Equity
$84,267

Purchase Details

Closed on
Jun 6, 2016
Sold by
Alley Barbara
Bought by
Lingerfelt Tim

Purchase Details

Closed on
Nov 11, 1997
Sold by
Alley Freddie D
Bought by
Alley Freddie D

Purchase Details

Closed on
Aug 9, 1994
Sold by
Bryden Taylor Laura
Bought by
Alley Freddie D

Purchase Details

Closed on
Jul 24, 1994
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
Gray Line Group Llc $150,000 --
Lingerfelt Tim $75,000 --
Alley Freddie D -- --
Alley Freddie D -- --
-- $32,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gray Line Group Llc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2022 10/18/22 Sold $150,000 -11.2% --
09/30/2022 09/30/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $169,000 -- --
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 -- $19,800 $17,680 $2,120
2023 $872 $19,800 $17,680 $2,120
2022 $872 $19,800 $17,680 $2,120
2021 $848 $19,800 $17,680 $2,120
2020 $541 $19,800 $17,680 $2,120
2019 $975 $21,040 $17,680 $3,360
2018 $953 $21,040 $17,680 $3,360
2017 $953 $21,040 $17,680 $3,360
2016 $1,039 $22,360 $17,680 $4,680
2014 -- $22,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9937739

Tennessee/Virginia Regional MLS

APN: 046P-C-036.00