NOT LISTED FOR SALE

1540 Fairidge Dr Kingsport, TN 37664

Estimated Value: $664,000 - $710,000

4 Beds
3 Baths
2,763 Sq Ft
$251/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $449,500 $163 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,024/month

Highlights

  • Barn
  • Mountain View
  • Living Room with Fireplace
  • Abraham Lincoln Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of September 2020

For Comp Purposes

Last Agent to Sell the Property

Non Member

Non Member Listed on: 09/28/2020

Last Buyer's Agent

Neko Mantooth

RE/MAX Real Estate Professionals License #301649

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1938

Lot Details

  • 2.02 Acre Lot
  • Level Lot
  • Property is in good condition

Parking

  • 2 Car Garage
  • Parking Pad

Home Design

  • Tudor Architecture
  • Brick Exterior Construction
  • Plaster Walls

Interior Spaces

  • 2,763 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Screened Porch
  • Mountain Views
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Garage Access
  • Fireplace in Basement

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Schools

  • Lincoln Elementary School
  • Sevier Middle School
  • Dobyns Bennett High School

Farming

  • Barn

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Fairacres Add Subdivision
  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 046m C 022.00

Home Details

Home Type

Single Family

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Directions: Center Street to Crescent. Cross Watauga to Right on Sandlewood to Left on Fairidge, house on Right.
  • Prop. Type: Residential
  • Year Built: 1938
  • Garage Garage Spaces: 2
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Fairacres Add
  • Architectural Style: Tudor
  • Unit Levels: Two
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 2.02
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Lincoln
  • General Property Description Middle School2: Sevier
  • General Property Description High School3: Dobyns Bennett
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: See Acres
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 2763.0
  • AC Central Air: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 046m C 022.00
  • General Property Description # Fireplaces: 2
  • Financing FHA: Yes
  • General Property Description Stories2: 2
  • Other Structures Outbuilding: Yes
  • View Mountain(s): Yes
  • TopographyLot Description Sloped: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Utilities Cable Connected: Yes
  • Fireplace Basement3: Yes
  • Walls Plaster: Yes
  • Other Structures Barn(s): Yes
  • Basement Garage Door: Yes
  • Flooring Ceramic Tile: Yes
  • Levels:Two: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Has Basement: Exterior Entry, Full, Garage Door, Interior Entry, Partially Finished, Walk-Out Access
  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 834.0
  • Fireplace Features: Basement, Gas Log, Living Room
  • Fireplaces: 2
  • General Property Description Baths - Full: 3
  • Appliances Dishwasher: Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Living Room: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Interior Entry: Yes
  • Basement:Partially Finished: Yes
  • Basement:Walk-Out Access: Yes
  • Appliances:Electric Range: Yes
  • Full Basement: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Other
  • Other Structures: Barn(s), Outbuilding
  • View: Mountain(s)
  • Acres: 2.02
  • Topography: Level, Sloped
  • Home Warranty: No
  • Construction Type: Brick, Plaster
  • Patio And Porch Features: Back, Covered, Deck, Front Patio, Rear Patio, Rear Porch, Screened
  • Exterior Finish Brick4: Yes
  • PorchPatioDeck Back: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Deck: Yes
  • PorchPatioDeck Front Patio: Yes
  • PorchPatioDeck Rear Patio: Yes
  • PorchPatioDeck Rear Porch: Yes
  • PorchPatioDeck Screened: Yes

Garage/Parking

  • Parking Features: Asphalt, Parking Pad
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Asphalt2: Yes
  • Parking Features:Parking Pad: Yes

Utilities

  • Heating: Heat Pump, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Cable Connected
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Lincoln
  • High School: Dobyns Bennett
  • Middle Or Junior School: Sevier

Lot Info

  • Zoning: Residential
  • Lot Dimensions: See Acres
  • Lot Size Sq Ft: 87991.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 046m C 022.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2020
Closed on
Sep 25, 2020
Sold by
Lane David G and Lane Susan C
Bought by
Wells Robert D and Wells Mikiala C
Seller's Agent
Non Member
Non Member
Buyer's Agent
Neko Mantooth
RE/MAX Real Estate Professionals
List Price
$449,500
Sold Price
$449,500
Current Estimated Value
$692,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,407
Avg. Annual Appreciation
8.87%
Original Mortgage
$426,550
Outstanding Balance
$379,393
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$313,514

Purchase Details

Closed on
Jul 11, 2003
Sold by
Wilson R Jr Suc Trustee
Bought by
Suntrust Mortgage

Purchase Details

Closed on
Jun 1, 2001
Sold by
John Masker
Bought by
Tyler Hufhand

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
6.5%

Purchase Details

Closed on
Oct 24, 1997
Sold by
Morison Mark E
Bought by
John Masker

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7%
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
Wells Robert D $449,500 Mumpower Ttl & Closing Svcs
Suntrust Mortgage $222,014 --
Tyler Hufhand $230,000 --
John Masker $212,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wells Robert D $426,550
Previous Owner John Masker $214,000
Previous Owner John Masker $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2020 09/28/20 For Sale $449,500 0.0% $163 / Sq Ft
09/25/2020 09/25/20 Sold $449,500 -- $163 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
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 -- $103,175 $17,750 $85,425
2023 $4,545 $103,175 $17,750 $85,425
2022 $4,545 $103,175 $17,750 $85,425
2021 $4,420 $103,175 $17,750 $85,425
2020 $0 $103,175 $17,750 $85,425
2019 $2,281 $49,225 $14,200 $35,025
2018 $2,227 $49,225 $14,200 $35,025
2017 $2,227 $49,225 $14,200 $35,025
2016 $2,561 $55,125 $14,200 $40,925
2014 $2,412 $55,136 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9913619

Tennessee/Virginia Regional MLS

APN: 046M-C-022.00