NOT LISTED FOR SALE

1535 Independence Ave Mount Carmel, TN 37645

Estimated Value: $198,002 - $266,000

3 Beds
1 Bath
1,654 Sq Ft
$140/Sq Ft Est. Value

Last Sold July 25, 2012

Last sale price $95,000 $57 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $1,307/month

190 Days on Market

Highlights

  • 1.85 Acre Lot
  • Wood Flooring
  • Farmhouse Style Home
  • Creek or Stream View
  • Main Floor Primary Bedroom
  • Mud Room

About This Home

As of July 2012

***Motivated Seller***In this special home, you'll find vintage, old world charm of yesteryear at 1535 Independence Avenue. This 2-story, farm house was one of the first houses built in this area. Sitting amidst almost 2 flat acres (easy to mow), there's a fresh water spring (with remnants of the old springhouse still there) and several out-buildings on the property. You'll appreciate and enjoy the many mature flowers and trees (including a very large pecan tree from Georgia planted shortly after house was built) and shrubs surround the home. The front porch with long, entrance drive and walkway, welcome you and your guests. Some of the home was rebuilt in 1998 due to a lightning strike, so electrical is up to date and walls restored, offering updates, along with the charm of an 1800's home. The open, spacious kitchen is a pleasant plus, with a big side porch for enjoying evening breezes. There are 2 bedrooms up, the master on the main level with a sunny sitting area. There's a smaller room on the back which could be used as a bedroom or a study. Under the brick exterior, is the original log structure. Two heat pumps make it economical to close off part of the for heating/cooling cost reduction. The original smokehouse in back offers additional storage. There's lots to offer in this unique property. Make your appointment now!!

Last Agent to Sell the Property

LISTINGS TRANSFERRED

A Team Real Estate Professionals Listed on: 12/06/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $523

Year Built

  • Built in 1925 | Remodeled

Lot Details

  • 1.85 Acre Lot
  • Landscaped
  • Level Lot
  • Cleared Lot
  • Garden
  • Historic Home
  • Property is in average condition
  • Property is zoned A1

Parking

  • 1 Car Detached Garage
  • 1 Carport Space

Home Design

  • Farmhouse Style Home
  • Brick Exterior Construction
  • Log Walls
  • Asphalt Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • 1,654 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Paneling
  • Ceiling Fan
  • Brick Fireplace
  • Mud Room
  • Living Room with Fireplace
  • Utility Room
  • Washer and Electric Dryer Hookup
  • Creek or Stream Views

Kitchen

  • Eat-In Kitchen
  • Electric Range

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Basement

  • Exterior Basement Entry
  • Dirt Floor

Outdoor Features

  • Covered Patio or Porch
  • Shed
  • Outbuilding

Schools

  • Mt Carmel Elementary School
  • Church Hill Middle School
  • Volunteer High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Property has a Home Owners Association
  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 012.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$523

Year Built

Built in 1925 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Directions: From Kingsport Stone Drive (11W) towards Church Hill, right on Independence and continue past railroad tracks, our home is on the left just before Independence connects with Carters Valley Road.
  • Prop. Type: Residential
  • Year Built: 1925
  • Garage Carport Spaces: 1
  • Garage Garage Spaces: 1
  • Property Sub Type: Single Family Residence
  • Reso Association Amenities: Landscaping
  • Architectural Style: Farm House, Historic
  • Unit Levels: Two
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • General Property Description Acres: 1.85
  • General Property Description Zoning2: A1
  • General Property Description Elementary School3: Mt Carmel
  • General Property Description Middle School2: Church Hill
  • General Property Description High School3: Volunteer
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: See Acreage
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1654.0
  • General Property Description Above Grade SqFt: 1654.0
  • AC Central Air: Yes
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 012.00
  • Financing FHA: Yes
  • Other Structures Outbuilding: Yes
  • Other Structures Shed(s): Yes
  • AC Ceiling Fan(s): Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Flooring Laminate: Yes
  • Style Historic: Yes
  • TopographyLot Description Cleared: Yes
  • View CreekStream: Yes
  • Walls Paneling: Yes
  • Property Condition Average: Yes
  • Other Structures Storage2: Yes
  • Walls Log4: Yes
  • RoofAsphalt: Yes
  • Levels:Two: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Has Basement: Dirt Floor, Exterior Entry
  • Flooring: Carpet, Hardwood, Laminate
  • Interior Amenities: Primary Downstairs, Built-in Features, Eat-in Kitchen, Pantry, Restored
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Brick, Living Room
  • Total Bedrooms: 7
  • General Property Description Baths - Full: 1
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Pantry: Yes
  • Interior Features Restored: Yes
  • Fireplace:Living Room: Yes
  • Fireplace:Brick3: Yes
  • Basement:Exterior Entry: Yes
  • Interior Features:Built-in Features: Yes
  • Appliances:Electric Range: Yes
  • Other Rooms:Utility Room: Yes
  • Interior Features:Primary Downstairs: Yes
  • Basement:Dirt Floor: Yes
  • Other Rooms:Mud Room: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Asphalt
  • Other Structures: Outbuilding, Shed(s), Storage
  • View: Creek/Stream
  • Exterior Features: Garden
  • Acres: 1.85
  • Topography: Cleared, Level
  • Home Warranty: No
  • Construction Type: Brick, Log, Wood Siding
  • Patio And Porch Features: Back, Covered, Front Patio, Front Porch, Porch
  • Exterior Finish Wood Siding: Yes
  • Exterior Finish Brick4: Yes
  • Exterior Features:Garden: Yes
  • PorchPatioDeck Back: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Front Patio: Yes
  • PorchPatioDeck Front Porch: Yes
  • PorchPatioDeck Porch: Yes
  • Exterior Finish Log2: Yes

Garage/Parking

  • Parking Features: Asphalt, Detached
  • Sq Ft DetailsGarageTotalSq Ft: 200
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Asphalt2: Yes
  • Parking Features:Detached: Yes

Utilities

  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • AmenitiesLandscaping: Yes

Schools

  • Elementary School: Mt Carmel
  • High School: Volunteer
  • Middle Or Junior School: Church Hill

Lot Info

  • Zoning: A1
  • Lot Dimensions: See Acreage
  • Lot Size Sq Ft: 80586.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 012.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 115

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2011
Closed on
Jul 16, 2012
Sold by
Hughes James Hazel Ruth
Bought by
Saxe Dennis J
Seller's Agent
LISTINGS TRANSFERRED
A Team Real Estate Professionals
Buyer's Agent
Century 21 Legacy
List Price
$119,900
Sold Price
$95,000
Premium/Discount to List
-$24,900
-20.77%
Current Estimated Value
$232,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,251
Avg. Annual Appreciation
6.88%
Original Mortgage
$96,938
Outstanding Balance
$68,259
Interest Rate
3.72%
Mortgage Type
Commercial
Estimated Equity
$158,916

Purchase Details

Closed on
May 10, 2004
Sold by
Rasnake Donald C
Bought by
Cornerstone Equity Investors

Purchase Details

Closed on
Jun 8, 1954
Bought by
Hughes James and Hazel Ruth
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
Saxe Dennis J $95,000 --
Cornerstone Equity Investors $72,250 --
Hughes James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saxe Dennis J $96,938
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2012 07/25/12 Sold $95,000 -20.8% $57 / Sq Ft
06/14/2012 06/14/12 Pending -- -- --
12/06/2011 12/06/11 For Sale $119,900 -- $72 / 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 $523 $32,875 $9,775 $23,100
2023 $790 $32,875 $0 $0
2022 $1,261 $34,000 $9,775 $24,225
2021 $1,209 $34,000 $9,775 $24,225
2020 $749 $34,000 $9,775 $24,225
2019 $1,243 $29,575 $9,025 $20,550
2018 $1,243 $29,575 $9,025 $20,550
2017 $1,157 $29,575 $9,025 $20,550
2016 $1,157 $29,575 $9,025 $20,550
2015 $1,137 $29,575 $9,025 $20,550
2014 $1,129 $29,350 $9,075 $20,275
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 314513

Tennessee/Virginia Regional MLS

APN: 011E-A-012.00