M
Seller's Agent in 2023
Matthew Clemson
Property Executives Johnson City
(423) 534-1700
47 Total Sales
1431 Broad St Elizabethton, TN 37643
Estimated Value: $261,000 - $383,273
3
Beds
2
Baths
1,512
Sq Ft
$218/Sq Ft
Est. Value
Highlights
- River Front
- No HOA
- Double Pane Windows
- Deck
- Covered Patio or Porch
- 2-minute walk to Cat Island Park/ City Park
About This Home
As of May 2023RIVERFRONT INVESTMENT OPPORTUNITY!!
This property brings in 30K+ in rental income with potential for more!
This is a rare chance to acquire an established income producing short-term rental in a prime location on the Watauga River. ''Fisherman's Dream'' is truly as the rental's name implies with a ''4.9 Wonderful!'' rating on VRBO, a long track record of happy guests, and a calendar full of bookings through this upcoming summer and fall.
See upcoming reservations on the calendar at listing number 857032 on VRBO.
https://www.vrbo.com/857032
Located just 5 minutes from quaint downtown Elizabethton and in close proximity to other surrounding attractions including Bristol Motor Speedway, the new Hard Rock Casino, Roan Mountain State Park, Watauga Lake, and the future home of 'the ''Surf Betsy'' project, this property is sure to remain a popular destination for years to come.
Not an investor? Imagine evenings enjoying the tranquil river and mountain views from your covered back porch or backyard firepit. Inside, this immaculately kept home you will find three large bedrooms, two full baths, and a spacious living room with views of the river. The kitchen is well equipped with a new refrigerator and dishwasher with ample cabinet space. Additional upgrades include a new roof and HVAC. With an extraordinarily level lot and 88ft of walk-in river frontage this home the best of both worlds offering all the advantages of a rural retreat while still situated just minutes from a charming community, great school system, and top-notch health care system.
This Watauga River getaway is available fully furnished with a busy rental schedule or as a private residence!
Last Agent to Sell the Property
Property Executives Johnson City License #368195 Listed on: 03/24/2023
Property Details
Home Type
- Manufactured Home
Est. Annual Taxes
- $653
Year Built
- Built in 1993
Lot Details
- 0.4 Acre Lot
- River Front
- Level Lot
- Property is in good condition
Parking
- 2 Carport Spaces
Home Design
- Composition Roof
- Vinyl Siding
- Stone Veneer
Interior Spaces
- 1,512 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Double Pane Windows
- Water Views
- Crawl Space
Kitchen
- Built-In Electric Oven
- Microwave
- Dishwasher
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Covered Patio or Porch
Schools
- Hunter Elementary School
- Unaka Middle School
- Unaka High School
Utilities
- Cooling Available
- Heat Pump System
- Septic Tank
Additional Features
- Flood Zone Lot
- Manufactured Home
Community Details
- No Home Owners Association
- FHA/VA Approved Complex
Listing and Financial Details
- Assessor Parcel Number 035o A 029.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 29, 2023
Sold by
Damron Mark Dale and Damron Kellie M
Bought by
Damron Real Estate Llc
Current Estimated Value
Purchase Details
Listed on
Mar 24, 2023
Closed on
May 12, 2023
Sold by
Franklin & Angie Lane Joint Revocable Tr
Bought by
Damron Mark Dale and Damron Kellie M
Seller's Agent
Matthew Clemson
Property Executives Johnson City
Buyer's Agent
Mallary Kelley
True North Real Estate
List Price
$375,000
Sold Price
$330,000
Premium/Discount to List
-$45,000
-12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.10%
Original Mortgage
$264,000
Interest Rate
6.27%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 25, 2021
Sold by
Lane Angela K and Lane Franklin C
Bought by
Angela And Franklin Lane Joint Rev Tr
Purchase Details
Listed on
Aug 11, 2015
Closed on
Mar 14, 2016
Sold by
Widner Barbara Joan
Bought by
Lane Franklin and Lane Angie
Seller's Agent
Erika Santucci
Coldwell Banker Security Real Estate
List Price
$109,750
Sold Price
$71,500
Premium/Discount to List
-$38,250
-34.85%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.66%
Purchase Details
Closed on
Feb 24, 1993
Bought by
Manring Barbara A
Purchase Details
Closed on
Jan 1, 1985
Bought by
Garland Jack
Purchase Details
Closed on
Sep 5, 1984
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Damron Real Estate Llc | -- | None Listed On Document | |
| Damron Mark Dale | $330,000 | Foundation Title & Escrow | |
| Angela And Franklin Lane Joint Rev Tr | -- | None Available | |
| Lane Franklin | $71,500 | -- | |
| Manring Barbara A | $13,000 | -- | |
| Garland Jack | $50,000 | -- | |
| -- | $8,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Damron Mark Dale | $264,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/12/2023 05/12/23 | Sold | $330,000 | -12.0% | $218 / Sq Ft |
| 04/10/2023 04/10/23 | Pending | -- | -- | -- |
| 03/24/2023 03/24/23 | For Sale | $375,000 | +424.5% | $248 / Sq Ft |
| 03/14/2016 03/14/16 | Sold | $71,500 | -34.9% | $47 / Sq Ft |
| 03/05/2016 03/05/16 | Pending | -- | -- | -- |
| 08/10/2015 08/10/15 | For Sale | $109,750 | -- | $73 / Sq Ft |
Source: Tennessee/Virginia Regional MLS
Tax History Compared to Growth
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 | $653 | $29,950 | $7,350 | $22,600 |
| 2023 | $653 | $29,950 | $0 | $0 |
| 2022 | $608 | $29,950 | $7,350 | $22,600 |
| 2021 | $608 | $29,950 | $7,350 | $22,600 |
| 2020 | $445 | $29,950 | $7,350 | $22,600 |
| 2019 | $445 | $18,000 | $3,900 | $14,100 |
| 2018 | $445 | $18,000 | $3,900 | $14,100 |
| 2017 | $435 | $18,000 | $3,900 | $14,100 |
| 2016 | $432 | $17,625 | $3,900 | $13,725 |
| 2015 | $432 | $17,625 | $3,900 | $13,725 |
| 2014 | $245 | $10,000 | $3,900 | $6,100 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2023
Lauren Clemson
Property Executives Johnson City
(423) 202-0960
188 Total Sales
-
Buyer's Agent in 2023
Mallary Kelley
True North Real Estate
(919) 332-8845
50 Total Sales
-
Seller's Agent in 2016
Erika Santucci
Coldwell Banker Security Real Estate
(423) 773-4600
84 Total Sales
Map
Source: Tennessee/Virginia Regional MLS
MLS Number: 9949752
APN: 035O-A-029.00
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