NOT LISTED FOR SALE

Estimated Value: $165,000 - $204,000

3 Beds
1 Bath
1,025 Sq Ft
$178/Sq Ft Est. Value

Last Sold June 29, 2016

Last sale price $42,600 $42 Per Sq Ft

Est. 357% increase in value since last sale

Current estimated payment $1,152/month

11 Days on Market

Highlights

  • Wood Flooring
  • Screened Porch
  • Paneling
  • Abraham Lincoln Elementary School Rated A-
  • Cottage
  • Cooling Available

About This Home

As of June 2016

Three bedroom, one bathroom cottage convenient to all amenities of Kingsport! One level living with off-street parking for 4 cars; the fenced-in back yard has a utility building for additional storage. Great starter home or investment opportunity. HUD homes are sold "As Is". HUD case # 481-316606. For more information visit: www.HUDHomeStore.com or www.chronossolutions.com. All information to be verified by buyer or buyer's agent. Must have a valid NAID # to submit a bid on this home.

Last Agent to Sell the Property

Sherry Ludecker

KW Johnson City License #326248 Listed on: 05/11/2016

KW Johnson City

Last Buyer's Agent

TERESA MYERS

Blue Ridge Properties Col Hgts License #288411

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1942

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Fenced Front Yard
  • Level Lot
  • Cleared Lot
  • Property is in below average condition

Home Design

  • Cottage
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,025 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Combination Kitchen and Dining Room
  • Screened Porch
  • Crawl Space
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Shed
  • Outbuilding

Schools

  • Johnson Elementary School
  • Robinson Middle School
  • Dobyns Bennett High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 061C K 028.00

Home Details

Home Type

Single Family

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Directions: From the Fort Henry Mall, take Fort Henry Drive to Left on Eastman Road; Right onto Carolina Avenue. House is on the left.
  • Prop. Type: Residential
  • Year Built: 1942
  • Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: In Foreclosure
  • 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: 0.17
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Johnson
  • General Property Description Middle School2: Robinson
  • General Property Description High School3: Dobyns Bennett
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 50x150
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1025.0
  • General Property Description Above Grade SqFt: 1025.0
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 061C K 028.00
  • AC Heat Pump3: Yes
  • General Property Description Stories2: 1
  • Other Structures Outbuilding: Yes
  • Other Structures Shed(s): Yes
  • Interior Features KitchenDining Combo: Yes
  • Flooring Carpet: Yes
  • Flooring Laminate: Yes
  • Other Rooms Laundry: Yes
  • TopographyLot Description Cleared: Yes
  • Walls Paneling: Yes
  • Attic Pull Down Stairs: Yes
  • Other Structures Storage2: Yes
  • RoofAsphalt: Yes
  • Fencing Front Yard: Yes
  • Property Condition Below Average: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: 1028

Interior Features

  • Appliances: Dishwasher
  • Has Basement: Crawl Space
  • Flooring: Carpet, Hardwood, Laminate
  • Interior Amenities: Primary Downstairs, Kitchen/Dining Combo, Laminate Counters
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • General Property Description Baths - Full: 1
  • Appliances Dishwasher: Yes
  • Interior Features:Laminate Counters: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Property Condition: Below Average
  • Roof: Asphalt
  • Other Structures: Outbuilding, Shed(s), Storage
  • Fencing: Front Yard
  • Acres: 0.17
  • Topography: Cleared, Level
  • Home Warranty: No
  • Construction Type: Brick
  • Patio And Porch Features: Back, Front Patio, Front Porch, Porch, Screened
  • Exterior Finish Brick4: Yes
  • PorchPatioDeck Back: Yes
  • PorchPatioDeck Front Patio: Yes
  • PorchPatioDeck Front Porch: Yes
  • PorchPatioDeck Porch: Yes
  • PorchPatioDeck Screened: Yes

Garage/Parking

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

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Heat Pump2: Yes

Schools

  • Elementary School: Johnson
  • High School: Dobyns Bennett
  • Middle Or Junior School: Robinson

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 50x150
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 061C K 028.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 3194

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2016
Closed on
Jun 29, 2016
Sold by
Sec Of Housing & Urban Dev Of Washing
Bought by
Jones Darin and Jones Crystal
Seller's Agent
Sherry Ludecker
KW Johnson City
Buyer's Agent
TERESA MYERS
Blue Ridge Properties Col Hgts
List Price
$33,000
Sold Price
$42,600
Premium/Discount to List
$9,600
29.09%
Current Estimated Value
$194,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,002
Avg. Annual Appreciation
17.29%

Purchase Details

Closed on
Nov 12, 2015
Sold by
Tennessee Housing Development Agency
Bought by
Secretary Of Housing And Urban Developme and C/O Informatin Systems

Purchase Details

Closed on
Apr 26, 2010
Sold by
Ratliff Jason R
Bought by
Cody William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,162
Interest Rate
5.35%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 18, 1997
Sold by
Steve Erdely
Bought by
Jason Ratliff

Purchase Details

Closed on
Oct 22, 1996
Sold by
Russell David W and Russell Kristi L
Bought by
Steve Erdely

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.15%
Source: Public Records

Range of Values:

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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
Jones Darin $42,600 --
Secretary Of Housing And Urban Developme $47,360 --
Cody William $63,000 --
Jason Ratliff $61,000 --
Steve Erdely $59,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Darin $67,200
Previous Owner Steve Erdely $62,162
Previous Owner Steve Erdely $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2016 06/29/16 Sold $42,600 +29.1% $42 / Sq Ft
05/23/2016 05/23/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $33,000 -- $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 -- $20,925 $3,725 $17,200
2023 $922 $20,925 $3,725 $17,200
2022 $922 $20,925 $3,725 $17,200
2021 $896 $20,925 $3,725 $17,200
2020 $511 $20,925 $3,725 $17,200
2019 $853 $19,900 $3,725 $16,175
2018 $832 $18,400 $3,725 $14,675
2017 $832 $18,400 $3,725 $14,675
2016 $734 $15,800 $2,025 $13,775
2014 $691 $15,789 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 377086

Tennessee/Virginia Regional MLS

APN: 061C-K-028.00