NOT LISTED FOR SALE

Estimated Value: $139,992 - $180,000

2 Beds
1 Bath
984 Sq Ft
$164/Sq Ft Est. Value

Last Sold September 20, 2016

Last sale price $35,000 $36 Per Sq Ft

Est. 361% increase in value since last sale

Current estimated payment $913/month

139 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • Paneling
  • Abraham Lincoln Elementary School Rated A-
  • Covered Patio or Porch
  • 2-minute walk to Borden Park

About This Home

As of September 2016

****Property being sold as is where is. There can be no repairs to the property, no home warranty and no seller assistance. Property being sold subject to HUD Guidelines 24 CFR 206.125. Square footage is approximate and may not be exact. Buyer to verify all information. All information is deemed to be correct but not guaranteed. Pre-approval letter or proof of funds to accompany all offers. Earnest Money deposit to be 10% for cash offers or $1,000 for financed offers. (Earnest Money Deposit to be made payable to sellers title company CRES in the form of a cashiers check) Please allow several days for seller response to offers since this is a foreclosure home. ****Property cannot be sold for less than appraised value which is the listing price. Meaning offer must be a full price offer. Seller will not review any offer for less than full price and if one is submitted it will be countered at full price or rejected.****

Last Agent to Sell the Property

TRANSFERRED LISTINGS

Momentum Group Listed on: 04/28/2016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Fenced Front Yard
  • Level Lot
  • Property is in below average condition

Home Design

  • Cottage
  • Brick Exterior Construction
  • Plaster Walls
  • Asphalt Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 984 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Crawl Space
  • Laminate Countertops
  • Washer and Gas Dryer Hookup

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Shed
  • Outbuilding

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • Kingsport Townsite Add 5 Subdivision

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 016.00

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Directions: Center St. Left on Wilcox Dr. Left on East Sevier Ave.
  • Prop. Type: Residential
  • Year Built: 1955
  • Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: In Foreclosure
  • Subdivision Name: Kingsport Townsite Add 5
  • Architectural Style: Cottage
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: Yes
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.11
  • General Property Description Zoning2: R
  • 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: 50 X 100
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 984.0
  • General Property Description Above Grade SqFt: 984.0
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 016.00
  • AC Heat Pump3: Yes
  • General Property Description Stories2: 1
  • Other Structures Outbuilding: Yes
  • Other Structures Shed(s): Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Laminate: Yes
  • Flooring Vinyl: Yes
  • Walls Paneling: Yes
  • Walls Plaster: Yes
  • Other Structures Storage2: Yes
  • RoofAsphalt: Yes
  • Fencing Front Yard: Yes
  • Property Condition Below Average: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: 1028

Interior Features

  • Has Basement: Crawl Space
  • Flooring: Hardwood, Laminate, Vinyl
  • Interior Amenities: Laminate Counters
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 4
  • General Property Description Baths - Full: 1
  • Interior Features:Laminate Counters: Yes
  • Basement:Crawl Space: Yes

Exterior Features

  • Property Condition: Below Average
  • Roof: Asphalt
  • Other Structures: Outbuilding, Shed(s), Storage
  • Fencing: Front Yard
  • Acres: 0.11
  • Topography: Level
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Brick, Vinyl Siding, Plaster
  • Patio And Porch Features: Covered, Front Patio, Front Porch, Porch
  • Exterior Finish Brick4: Yes
  • Exterior Finish Vinyl Siding: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Front Patio: Yes
  • PorchPatioDeck Front Porch: Yes
  • PorchPatioDeck Porch: Yes
  • Exterior Finish Aluminum Siding: Yes

Garage/Parking

  • Parking Features: Asphalt, None
  • Attached Garage: No
  • Parking Features:Asphalt2: Yes

Utilities

  • Heating: Heat Pump, Other, See Remarks
  • Sewer: Public Sewer, Other, See Remarks
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Cooling: Heat Pump, Other, See Remarks
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public, Other, See Remarks
  • Heating:Heat Pump2: Yes
  • Heating:See Remarks10: Yes
  • Heating:Other12: Yes

Schools

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

Lot Info

  • Zoning: R
  • Lot Dimensions: 50 X 100
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 016.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 3195

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2016
Closed on
Sep 8, 2016
Sold by
Reverse Mtg Solutions Inc
Bought by
Mckamey Jeff L and Mckamey Paula A
Seller's Agent
TRANSFERRED LISTINGS
Momentum Group
List Price
$43,000
Sold Price
$35,000
Premium/Discount to List
-$8,000
-18.6%
Current Estimated Value
$161,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,248
Avg. Annual Appreciation
19.14%

Purchase Details

Closed on
Apr 5, 2016
Sold by
Franklin Roma Jean
Bought by
Reverse Mtg Solutions Inc

Purchase Details

Closed on
Aug 24, 2012
Sold by
Quales Joyce Ann
Bought by
Franklin Roma Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,500
Interest Rate
3.53%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
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
Mckamey Jeff L $35,000 --
Reverse Mtg Solutions Inc $42,000 --
Franklin Roma Jean -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Franklin Roma Jean $79,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2016 09/20/16 Sold $35,000 -18.6% $36 / Sq Ft
09/15/2016 09/15/16 Pending -- -- --
04/28/2016 04/28/16 For Sale $43,000 -- $44 / 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 -- $14,650 $2,550 $12,100
2023 $646 $14,650 $2,550 $12,100
2022 $646 $14,650 $2,550 $12,100
2021 $628 $14,650 $2,550 $12,100
2020 $378 $14,650 $2,550 $12,100
2019 $681 $14,700 $2,550 $12,150
2018 $665 $14,700 $2,550 $12,150
2017 $665 $14,700 $2,550 $12,150
2016 $567 $12,200 $1,400 $10,800
2014 $533 $12,189 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 376417

Tennessee/Virginia Regional MLS

APN: 061C-G-016.00