NOT LISTED FOR SALE

Estimated Value: $95,000 - $132,012

2 Beds
1 Bath
792 Sq Ft
$143/Sq Ft Est. Value

Last Sold April 17, 2024

Last sale price $94,000 $119 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $663/month

10 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • 1 Car Attached Garage
  • Thomas Jefferson Elementary School Rated A-
  • Front Porch
  • Paneling

About This Home

As of April 2024

Introducing a prime investment opportunity in Kingsport, nestled in the vibrant heart of The Model City. This two-bedroom, one-bathroom home presents an exceptional chance for investors seeking to capitalize on its potential.

Awaiting a complete remodel or renovation, this property is brimming with promise. Perfectly situated for those looking to create additional assets through rental income or short-term resale, its strategic location ensures a steady stream of prospective tenants or buyers.

The spacious layout includes a large garage, offering versatility and potential for expansion into additional living space while retaining the convenience of a single-car garage. With creativity and vision, this property holds the key to unlocking significant value and returns on investment.

Don't miss out on this tremendous opportunity to reshape and revitalize a Kingsport home into a lucrative investment venture. Envision the possibilities and seize the potential that awaits within this promising property.

Last Agent to Sell the Property

Jim Griffin

LPT Realty - Griffin Home Group License #310406 Listed on: 03/28/2024

LPT Realty - Griffin Home Group

Co-Listed By

Chris Abla

LPT Realty - Griffin Home Group License #355672

Last Buyer's Agent

Bill Allen

Crye-Leike Realtors

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1935

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 142.5
  • Property is Fully Fenced
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Fixer Upper
  • Composition Roof

Interior Spaces

  • 792 Sq Ft Home
  • Paneling
  • Washer and Electric Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Front Porch

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Kingsport Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 061d N 018.00

Home Details

Home Type

Single Family

Year Built

Built in 1935

Lot Details

0

Parking

1

Listing Details

  • Directions: Via E Center St Head northwest on Fort Henry Dr toward Auditorium Dr Turn right onto Crescent Dr Turn right onto E Center St Turn right onto E St Destination will be on the right
  • Prop. Type: Residential
  • Year Built: 1935
  • Garage Garage Spaces: 1
  • Property Sub Type: Single Family Residence
  • Co List Office Mls Id: 1168
  • Co List Office Phone: 423-482-0743
  • Subdivision Name: Kingsport Heights
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.17
  • General Property Description Zoning2: Res
  • General Property Description Elementary School3: Jefferson
  • General Property Description Middle School2: Robinson
  • General Property Description High School3: Dobyns Bennett
  • General Property Description HOA YN: No
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 50 X 142.5
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 792.0
  • General Property Description Above Grade SqFt: 792.0
  • TopographyLot Description Level2: Yes
  • General Property Description Parcel ID2: 061d N 018.00
  • Style Ranch: Yes
  • AC Heat Pump3: Yes
  • Roof Composition: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Property Condition Fixer: Yes
  • Walls Paneling: Yes
  • Fencing Full2: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 6
  • General Property Description Baths - Full: 1

Exterior Features

  • Property Condition: Fixer
  • Roof: Composition
  • Fencing: Full
  • Acres: 0.17
  • Topography: Level
  • Home Warranty: No
  • Construction Type: See Remarks
  • Patio And Porch Features: Front Porch
  • PorchPatioDeck Front Porch: Yes

Garage/Parking

  • Parking Features: Driveway, Attached
  • Sq Ft DetailsGarageAttachedSq Ft: 480
  • Sq Ft DetailsGarageTotalSq Ft: 480
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features:Driveway: Yes
  • Parking Features:Attached: Yes

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Zoning: Res
  • Lot Dimensions: 50 X 142.5
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 061d N 018.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 3401

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2024
Closed on
Apr 11, 2024
Sold by
Concannon Patrick E
Bought by
Wagner Christopher V
Seller's Agent
Jim Griffin
LPT Realty - Griffin Home Group
Buyer's Agent
Bill Allen
Crye-Leike Realtors
List Price
$125,000
Sold Price
$94,000
Premium/Discount to List
-$31,000
-24.8%
Views
65
Current Estimated Value
$109,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,689
Avg. Annual Appreciation
9.56%

Purchase Details

Listed on
Jul 24, 2020
Closed on
Aug 31, 2020
Sold by
Roberts Randall Lance
Bought by
Concannon Patrick E
Seller's Agent
Melissa Grove
Weichert Realtors Saxon Clark KPT
Buyer's Agent
Kimberly Smith
Copper Key Properties
List Price
$72,000
Sold Price
$68,000
Premium/Discount to List
-$4,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.33%
Original Mortgage
$54,400
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 1998
Sold by
Roberts Dennis H
Bought by
Roberts Randall L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,456
Interest Rate
7.19%

Purchase Details

Closed on
Oct 27, 1987
Source: Public Records

Range of Values:

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Average Value
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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
Wagner Christopher V $94,000 Evergreen Title
Concannon Patrick E $68,000 Heritage Ttl & Closing Svcs
Roberts Randall L $47,500 --
-- $18,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Concannon Patrick E $54,400
Previous Owner Lance Roberts Randall $34,200
Previous Owner Lance Roberts Randall $50,000
Previous Owner -- $43,456
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2024 04/17/24 Sold $94,000 -24.8% $119 / Sq Ft
04/08/2024 04/08/24 Pending -- -- --
03/28/2024 03/28/24 For Sale $125,000 +83.8% $158 / Sq Ft
08/31/2020 08/31/20 Sold $68,000 -5.6% $86 / Sq Ft
07/26/2020 07/26/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $72,000 -- $91 / 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 -- $17,050 $3,025 $14,025
2023 $751 $17,050 $3,025 $14,025
2022 $751 $17,050 $3,025 $14,025
2021 $730 $17,050 $3,025 $14,025
2020 $381 $17,050 $3,025 $14,025
2019 $687 $14,825 $3,025 $11,800
2018 $671 $14,825 $3,025 $11,800
2017 $671 $14,825 $3,025 $11,800
2016 $540 $11,625 $1,375 $10,250
2014 -- $11,624 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9963746

Tennessee/Virginia Regional MLS

APN: 061D-N-018.00