NOT LISTED FOR SALE

1406 W Sullivan St Kingsport, TN 37660

Estimated Value: $185,069 - $252,000

3 Beds
2 Baths
1,847 Sq Ft
$118/Sq Ft Est. Value

Last Sold November 13, 2017

Last sale price $42,100 $23 Per Sq Ft

Est. 420% increase in value since last sale

Current estimated payment $1,276/month

141 Days on Market

Highlights

  • Wood Burning Stove
  • Wood Flooring
  • Paneling
  • Ross N. Robinson Middle School Rated A
  • 1 Car Detached Garage
  • Cooling Available

About This Home

As of November 2017

2 Story home which has 3 spacious bedrooms and 2 bathrooms. The home features a 1 car-garage a porch, laminate counters and a cozy wood fireplace. Convenient Kingsport location close to shopping and restaurants. Property is owned by US Dept of HUD; Sold "AS IS"; Case# 481-255146; Insurable Escrow (IE) Subject to Appraisal; Homes built before 1978 may present exposure to Lead Based Paint; Equal Housing Opportunity. Please review Property Information and Disclosures on www.HUDhomestore .com. Seller may contribute up to 3% for buyer's closing costs upon buyer request; Seller makes no representations or warranties as to property condition.

Last Agent to Sell the Property

Sherry Ludecker

KW Johnson City License #326248 Listed on: 05/31/2017

KW Johnson City

Last Buyer's Agent

Kristy Loflin

Byrd Home Team License #272449

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1923

Lot Details

  • Level Lot
  • Property is in average condition

Parking

  • 1 Car Detached Garage
  • Shared Driveway

Home Design

  • Plaster Walls
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,847 Sq Ft Home
  • 2-Story Property
  • Paneling
  • Wood Burning Stove
  • Den with Fireplace
  • Crawl Space
  • Attic Floors
  • Laminate Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • Sevier Terrace Subdivision
  • FHA/VA Approved Complex

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 045E F 017.00

Home Details

Home Type

Single Family

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Directions: From Holston Valley Med Center Head W on W Ravine Rd toward Powers St. Turn Left onto Holston Valley Dr. Then Turn Left onto Clinchfield St. Make Right onto W Sullivan St.Then turn Left to stay on W Sullivan St. Your Destination will be on Right.
  • Prop. Type: Residential
  • Year Built: 1923
  • Garage Garage Spaces: 1
  • Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: In Foreclosure
  • Subdivision Name: Sevier Terrace
  • Unit Levels: Two
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: Yes
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Roosevelt
  • 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: 6000
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1847.0
  • General Property Description Above Grade SqFt: 1847.0
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 045E F 017.00
  • General Property Description # Fireplaces: 1
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • General Property Description Stories2: 2
  • Flooring Carpet: Yes
  • Walls Paneling: Yes
  • Walls Plaster: Yes
  • Property Condition Average: Yes
  • Attic Partial Floor: Yes
  • RoofAsphalt: Yes
  • Levels:Two: Yes
  • Structure Type:House: Yes
  • Special Features: 1028

Interior Features

  • Has Basement: Crawl Space
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Laminate Counters
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Den, Wood Burning Stove
  • Fireplaces: 1
  • Total Bedrooms: 6
  • General Property Description Baths - Full: 2
  • Interior Features:Laminate Counters: Yes
  • Fireplace:Den: Yes
  • Basement:Crawl Space: Yes
  • Fireplace:Wood Burning Stove: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Asphalt
  • Topography: Level
  • Home Warranty: No
  • Construction Type: Vinyl Siding, Plaster
  • Exterior Finish Vinyl Siding: Yes

Garage/Parking

  • Parking Features: Detached, Shared Driveway
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Detached: Yes
  • Parking Features:Shared Driveway: Yes

Utilities

  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Heating:Electric: Yes

Schools

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

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 6000
  • Parcel #: 045E F 017.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2017
Closed on
Nov 8, 2017
Sold by
Secretary Of Hud
Bought by
Vandyk Lee
Seller's Agent
Sherry Ludecker
KW Johnson City
Buyer's Agent
Kristy Loflin
Byrd Home Team
List Price
$60,000
Sold Price
$42,100
Premium/Discount to List
-$17,900
-29.83%
Current Estimated Value
$218,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,667
Avg. Annual Appreciation
23.67%

Purchase Details

Closed on
Oct 14, 2016
Sold by
Wells Fargo Bank Na
Bought by
Sec Of Hud %Information Systems

Purchase Details

Closed on
Oct 3, 2016
Sold by
Davis Julia J
Bought by
Wells Fargo Bank

Purchase Details

Closed on
Apr 10, 2006
Sold by
Cannon Kyle H
Bought by
Davis Richard T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,433
Interest Rate
6.29%

Purchase Details

Closed on
Nov 5, 2001
Sold by
Erik Fritz
Bought by
Kyle Cannon

Purchase Details

Closed on
Feb 9, 1996
Bought by
Erik Fritz
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
Vandyk Lee $42,100 Patriot Title Company
Sec Of Hud %Information Systems -- --
Sec Of Housing & Urban -- --
Wells Fargo Bank $81,600 --
Davis Richard T $94,900 --
Kyle Cannon $76,500 --
Erik Fritz $37,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Erik Fritz $93,433
Previous Owner Cannon Melinda A $79,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2017 11/13/17 Sold $42,100 -29.8% $23 / Sq Ft
10/20/2017 10/20/17 Pending -- -- --
05/31/2017 05/31/17 For Sale $60,000 -- $32 / 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 -- $23,475 $1,850 $21,625
2023 $1,034 $23,475 $1,850 $21,625
2022 $1,034 $23,475 $1,850 $21,625
2021 $1,006 $23,475 $1,850 $21,625
2020 $576 $23,475 $1,850 $21,625
2019 $1,039 $22,425 $1,850 $20,575
2018 $1,015 $22,425 $1,850 $20,575
2017 $1,015 $22,425 $1,850 $20,575
2016 $949 $20,425 $1,850 $18,575
2014 $894 $20,428 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 392504

Tennessee/Virginia Regional MLS

APN: 045E-F-017.00