NOT LISTED FOR SALE

140 Reeser Rd Johnson City, TN 37601

Estimated Value: $135,155 - $192,000

2 Beds
1 Bath
1,029 Sq Ft
$155/Sq Ft Est. Value

Last Sold September 02, 2020

Last sale price $88,000 $86 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $887/month

Highlights

  • Paneling
  • Level Lot
  • 1-Story Property
  • Asbestos
  • No Heating

About This Home

As of September 2020

Older house on 4.4 acres of gorgeous acreage with creek frontage. Close proximity of Milligan College. Sold at public auction. All info. taken from Tax Records. Buyer/Buyer's agent to verify all.

Last Agent to Sell the Property

David Collins

Collins & Co. Realtors & Auctioneers License #303152 Listed on: 09/03/2020

Last Buyer's Agent

David Collins

Collins & Co. Realtors & Auctioneers License #303152 Listed on: 09/03/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $491

Year Built

  • Built in 1949

Lot Details

  • 4.4 Acre Lot
  • Level Lot
  • Property is in below average condition

Home Design

  • Asphalt Roof
  • Asbestos

Interior Spaces

  • 1,029 Sq Ft Home
  • 1-Story Property
  • Paneling

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Happy Valley Elementary And Middle School
  • Happy Valley High School

Utilities

  • No Cooling
  • No Heating
  • Septic Tank

Listing and Financial Details

  • Auction
  • Assessor Parcel Number 056 016.02

Home Details

Home Type

Single Family

Est. Annual Taxes

$491

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Directions: From Milligan Highway turn onto Reeser Road. Cross bridge and take the next right. Property on the right.
  • Prop. Type: Residential
  • Year Built: 1949
  • Property Sub Type: Single Family Residence
  • Unit Levels: One
  • New Construction: No
  • RoofAsphalt: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Property Condition: Poor
  • Roof: Asphalt
  • Acres: 4.4
  • Topography: Level, Rolling Slope
  • Home Warranty: No
  • Construction Type: Asbestos

Utilities

  • Heating: See Remarks
  • Sewer: Septic Tank
  • Cooling: None
  • Cooling Y N: No
  • Water Source: Public
  • Sewer Septic Tank: Yes
  • Heating:See Remarks10: Yes

Schools

  • Elementary School: Happy Valley
  • High School: Happy Valley
  • Middle Or Junior School: Happy Valley

Lot Info

  • Zoning: Residential
  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 191664.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 056 016.02
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 146

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2020
Closed on
Oct 1, 2020
Sold by
Reeser Ronald Adam and Reeser Ashley Christine
Bought by
Reeser Family Investments Llc
Seller's Agent
David Collins
Collins & Co. Realtors & Auctioneers
Buyer's Agent
David Collins
Collins & Co. Realtors & Auctioneers
List Price
$88,000
Sold Price
$88,000
Current Estimated Value
$159,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,289
Avg. Annual Appreciation
15.78%
Original Mortgage
$70,400
Outstanding Balance
$53,707
Interest Rate
2.8%
Mortgage Type
Unknown
Estimated Equity
$122,539

Purchase Details

Listed on
Sep 3, 2020
Closed on
Sep 2, 2020
Sold by
Nixdorf Marjorie N
Bought by
Reeser Ronald Adam and Reeser Ashley Christine
Seller's Agent
David Collins
Collins & Co. Realtors & Auctioneers
Buyer's Agent
David Collins
Collins & Co. Realtors & Auctioneers
List Price
$88,000
Sold Price
$88,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,400
Outstanding Balance
$53,707
Interest Rate
2.8%
Mortgage Type
Unknown
Estimated Equity
$122,539

Purchase Details

Closed on
Apr 21, 1994
Sold by
Shell Mae Johnson
Bought by
Shell Johnny

Purchase Details

Closed on
Jul 3, 1948
Bought by
Reeser Orvil Claude and Reeser Dorothy

Purchase Details

Closed on
Jun 15, 1945
Source: Public Records

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Range of Values:

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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
Reeser Family Investments Llc -- None Available
Reeser Ronald Adam $88,000 None Available
Shell Johnny -- --
Reeser Orvil Claude -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reeser Family Investments Llc $70,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2020 09/03/20 For Sale $88,000 0.0% $86 / Sq Ft
09/02/2020 09/02/20 Sold $88,000 -- $86 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
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 $491 $22,525 $12,350 $10,175
2023 $491 $22,525 $0 $0
2022 $457 $22,525 $12,350 $10,175
2021 $457 $22,525 $12,350 $10,175
2020 $496 $22,525 $12,350 $10,175
2019 $496 $20,100 $11,675 $8,425
2018 $496 $20,100 $11,675 $8,425
2017 $496 $20,100 $11,675 $8,425
2016 $492 $20,100 $11,675 $8,425
2015 $492 $20,100 $11,675 $8,425
2014 $495 $20,200 $11,675 $8,525
Source: Public Records

Agents Affiliated with this Home

  • David Collins

    Seller's Agent in 2020

    David Collins

    Collins & Co. Realtors & Auctioneers

    (423) 335-3078

    321 Total Sales

    David Collins
    Section Image
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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9912624

Tennessee/Virginia Regional MLS

APN: 056-016.02

Tennessee Carter County Johnson City 37601

140 Reeser Rd, Johnson City, TN

This home is located at 140 Reeser Rd, Johnson City, TN 37601 since 03 September 2020 and is currently estimated at $159,289, approximately $154 per square foot. This property was built in 1949. 140 Reeser Rd is a home located in Carter County with nearby schools including Munsey Kindergarten and Solid Rock Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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