NOT LISTED FOR SALE

1502 Ferrell Dr Johnson City, TN 37601

Estimated Value: $148,054

4.66 Acres
$31,771 Price per Acre
202,990 Sq Ft Lot

Last Sold July 28, 2022

Last sale price $120,000

Est. 23% increase in value since last sale

Current estimated payment $862/month

About This Lot

As of July 2022

Business does not convey.

Personal property will be removed by August 21, 2022

Last Agent to Sell the Property

Layla Wright

KW Johnson City License #347430 Listed on: 07/19/2022

KW Johnson City

Last Buyer's Agent

Greg Cox

Berkshire Hathaway Greg Cox Real Estate License #8748

Berkshire Hathaway Greg Cox Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $986

Lot Details

  • 4.66 Acre Lot
  • Level Lot
  • Property is in average condition
  • Property is zoned b4

Schools

  • Mountain View Elementary School
  • Happy Valley Middle School
  • Happy Valley High School

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 047j A 012.00

Property Details

Property Type

Land

Est. Annual Taxes

$986

Lot Details

0

Listing Details

  • Directions: Old Elizabethton Highway on the left
  • Prop. Type: Land
  • Road Frontage Type: 2 Lane Road
  • ResoSpecialListingConditions: In Foreclosure
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 047j A 012.00
  • Contract Info Foreclosure: Yes
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 4.66
  • General Property Description Zoning2: b4
  • General Property Description Elementary School3: Mountain View
  • General Property Description Middle School2: Happy Valley
  • General Property Description High School3: Happy Valley
  • Lot Features Level3: Yes
  • Property Condition Average: Yes
  • Special Features: 1028
  • Property Sub Type: LotsLands

Exterior Features

  • Property Condition: Average
  • Lot Features: Level
  • Acres: 4.66

Utilities

  • Sewer: Other
  • Water Source: Other

Schools

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

Lot Info

  • Zoning: b4
  • Lot Dimensions: 202,989
  • Lot Size Sq Ft: 202989.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 047j A 012.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2022
Closed on
Jul 28, 2022
Sold by
Buck Silvers Charles
Bought by
Summers-Taylor Inc
Seller's Agent
Layla Wright
KW Johnson City
Buyer's Agent
Greg Cox
Berkshire Hathaway Greg Cox Real Estate
List Price
$1,200,000
Sold Price
$120,000
Premium/Discount to List
-$1,080,000
-90%
Current Estimated Value
$148,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,054
Avg. Annual Appreciation
6.49%

Purchase Details

Closed on
Dec 2, 2013
Sold by
Silvers Jessica Angelique
Bought by
Silvers Charles Buck

Purchase Details

Closed on
Apr 15, 2008
Bought by
Silvers Charles Buck and Silvers Jessica Angelique

Purchase Details

Closed on
Aug 6, 2004
Sold by
Willie Sweeney
Bought by
Honigmann William S

Purchase Details

Closed on
Jul 26, 2001
Sold by
Sweeney Garry
Bought by
Sweeney Willie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
7.1%

Purchase Details

Closed on
Jun 26, 2000
Sold by
Sweeney Cecil and Sweeney Willie
Bought by
Sweeney David E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Summers-Taylor Inc $120,000 Mayes Brett N
Summers-Taylor Inc $120,000 Mayes Brett N
Silvers Charles Buck -- --
Silvers Charles Buck $405,000 --
Honigmann William S $425,600 --
Sweeney Willie -- --
Sweeney David E $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sweeney David E $161,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2022 07/28/22 Sold $120,000 -90.0% --
07/19/2022 07/19/22 Pending -- -- --
07/19/2022 07/19/22 For Sale $1,200,000 -- --
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 $986 $57,640 $57,640 --
2022 $851 $39,560 $39,560 $0
2021 $1,535 $39,560 $39,560 $0
2020 $1,527 $39,560 $39,560 $0
2019 $941 $39,560 $39,560 $0
2018 $1,689 $39,560 $39,560 $0
2017 $1,689 $39,560 $39,560 $0
2016 $1,681 $39,560 $39,560 $0
2015 $1,523 $39,560 $39,560 $0
2014 $1,424 $39,560 $39,560 $0
Source: Public Records

Agents Affiliated with this Home

  • Layla Wright

    Seller's Agent in 2022

    Layla Wright

    KW Johnson City

    (423) 773-5519

    63 Total Sales

    Layla Wright
    Section Image

  • G

    Buyer's Agent in 2022

    Greg Cox

    Berkshire Hathaway Greg Cox Real Estate

    Section Image
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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9940963

Tennessee/Virginia Regional MLS

APN: 047J-A-012.00

Tennessee Washington County Johnson City 37601

1502 Ferrell Dr, Johnson City, TN

Not Listed for Sale

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