NOT LISTED FOR SALE

162 Arbutus Ave Kingsport, TN 37660

Estimated Value: $94,000 - $154,000

2 Beds
1 Bath
992 Sq Ft
$127/Sq Ft Est. Value

Last Sold February 05, 2021

Last sale price $54,000 $54 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $748/month

229 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • Eat-In Kitchen
  • Ross N. Robinson Middle School Rated A
  • Covered Patio or Porch
  • Double Pane Windows

About This Home

As of February 2021

The History of this Home began in 1948 full of Family and Lots of Love!! It is time for a New Beginning! The strong foundation and great location are the two main reasons a New Owner could purchase and turn it back into an amazing New Home. Some new Windows, newer Hot Water Heater, New 200 Amp Service, Heat Pump, Basement Walls are framed in and plumbed for bath has already been done and ready for your special touches to begin! Main Level has eat-in Kitchen, Large Living Room with Fireplace, two Bedrooms and remodeled Full Bath. Inside and Outside Entrances lead to the Full Size Basement. The Lot looks like a beautiful Park Setting! Bring all the ideals and desires and turn this house into a wonderful New Home for you or flip it for a New Family. City Location minutes from Hospital, Shopping and Downtown, City Schools and City Amenities are also a part of this one of a kind deal priced at $55,000.

Last Agent to Sell the Property

Connie Salyer

Blue Ridge Properties Listed on: 12/29/2020

Last Buyer's Agent

Lisa Gilchrist

Copper Key Properties License #354323

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • Lot Dimensions are 60 x 120
  • Level Lot
  • Property is zoned RS

Home Design

  • Cottage
  • Fixer Upper
  • Brick Exterior Construction
  • Block Foundation
  • Plaster Walls
  • Composition Roof

Interior Spaces

  • 992 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Electric Range

Flooring

  • Wood
  • Laminate
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom Rough-In
  • 1 Full Bathroom

Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Sewer in Street

Community Details

  • Bloomington Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 030o C 016.00

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Directions: From Downtown Kingsport to Stone Drive (HWY 11W) turn toward Home Depot and Arbutus Avenue is on the left. Arbutus is between Stone Drive and Bloomingdale in the City Limits.
  • Prop. Type: Residential
  • Year Built: 1948
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Bloomington Heights
  • Architectural Style: Cottage
  • 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 Zoning2: RS
  • General Property Description Elementary School3: Jackson
  • General Property Description Middle School2: Sevier
  • General Property Description High School3: Dobyns Bennett
  • Water Public: Yes
  • General Property Description Lot Dimensions: 60 x 120
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 992.0
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 030o C 016.00
  • General Property Description # Fireplaces: 1
  • AC Heat Pump3: Yes
  • General Property Description Stories2: 1
  • Roof Composition: Yes
  • TopographyLot Description Sloped: Yes
  • Flooring Laminate: Yes
  • Foundation Block6: Yes
  • Basement Heated2: Yes
  • Property Condition Fixer: Yes
  • Walls Plaster: Yes
  • Sewer At Road: Yes
  • Flooring Concrete4: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Has Basement: Full, Heated, Interior Entry
  • Flooring: Concrete, Hardwood, Laminate
  • Interior Amenities: Eat-in Kitchen, Rough in Bath, See Remarks
  • Window Features: Double Pane Windows, Single Pane Windows
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Total Bedrooms: 5
  • General Property Description Baths - Full: 1
  • Interior Features:Eat-in Kitchen: Yes
  • Fireplace:Living Room: Yes
  • Basement:Interior Entry: Yes
  • Appliances:Electric Range: Yes
  • Full Basement: Yes
  • InteriorFeatures:Rough in Bath: Yes

Exterior Features

  • Property Condition: Fixer
  • Roof: Composition
  • Topography: Level, Sloped
  • Home Warranty: No
  • Construction Type: Block, Brick, Plaster
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Front Porch, Porch
  • Exterior Finish Brick4: Yes
  • Window Features:Double Pane Windows: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Front Porch: Yes
  • PorchPatioDeck Porch: Yes
  • Window Features:Single Pane Windows: Yes

Utilities

  • Heating: Heat Pump
  • Sewer: At Road
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Schools

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

Lot Info

  • Zoning: RS
  • Lot Dimensions: 60 x 120
  • Parcel #: 030o C 016.00

Tax Info

  • Tax Book Number: 3338

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2020
Closed on
Feb 5, 2021
Sold by
Carver Scott E
Bought by
Masterson Cynthia L
Seller's Agent
Connie Salyer
Blue Ridge Properties
Buyer's Agent
Lisa Gilchrist
Copper Key Properties
List Price
$62,500
Sold Price
$54,000
Premium/Discount to List
-$8,500
-13.6%
Current Estimated Value
$125,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,932
Avg. Annual Appreciation
21.36%
Original Mortgage
$53,021
Outstanding Balance
$47,558
Interest Rate
2.6%
Mortgage Type
FHA
Estimated Equity
$84,238

Purchase Details

Closed on
Oct 24, 2018
Sold by
Easterly Louella Arta and Carver Stanley J
Bought by
Carver Scott E
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
Masterson Cynthia L $54,000 None Available
Carver Scott E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Masterson Cynthia L $53,021
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2021 02/05/21 Sold $54,000 -13.6% $54 / Sq Ft
12/30/2020 12/30/20 Pending -- -- --
05/14/2020 05/14/20 For Sale $62,500 -- $63 / 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 -- $20,875 $1,725 $19,150
2023 $919 $20,875 $1,725 $19,150
2022 $919 $20,875 $1,725 $19,150
2021 $894 $20,875 $1,725 $19,150
2020 $509 $20,875 $1,725 $19,150
2019 $918 $19,800 $1,725 $18,075
2018 $896 $19,800 $1,725 $18,075
2017 $896 $19,800 $1,725 $18,075
2016 $627 $13,500 $1,725 $11,775
2014 $591 $13,508 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9907918

Tennessee/Virginia Regional MLS

APN: 030O-C-016.00