NOT LISTED FOR SALE

187 Lynn Ln Johnson City, TN 37604

Estimated Value: $124,000 - $259,000

3 Beds
1 Bath
900 Sq Ft
$214/Sq Ft Est. Value

Last Sold August 13, 2020

Last sale price $75,429 $84 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $1,078/month

214 Days on Market

Highlights

  • Cottage
  • Side Porch
  • Forced Air Heating and Cooling System
  • Woodland Elementary School Rated A
  • 1 Car Attached Garage
  • Level Lot

About This Home

As of August 2020

Built in 1955, this neat cottage, 3 BR/1 BA is an excellent starter home . In addition to the BR's kitchen, living room. Buyer/buyer's agent to verify info. FHA IE. Subject to buyers appraisal. HUD homes are sold "As Is". EHO. Seller may contribute up to 3% for buyer's closing costs upon buyer request. Notice of possible LBP(Lead Based Paint)on all Pre-1978 Properties. Owner is US Dept. of HUD. Seller makes no representations or warranties as to property condition. Property #481-312516.

Last Agent to Sell the Property

Gordon Newman

Century 21 Legacy - Greeneville License #TN# 294973 VA # 0225197251 Listed on: 05/28/2020

Century 21 Legacy - Greeneville

Last Buyer's Agent

Kathy Michels

KW Johnson City License #350392

KW Johnson City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $841

Year Built

  • Built in 1955

Lot Details

  • 0.58 Acre Lot
  • Level Lot
  • Property is in below average condition

Parking

  • 1 Car Attached Garage
  • Gravel Driveway

Home Design

  • Cottage
  • Asphalt Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Garage Access
  • Dirt Floor
  • Crawl Space

Outdoor Features

  • Side Porch

Schools

  • Fairmont Elementary School
  • Indian Trail Middle School
  • Science Hill High School

Utilities

  • No Cooling
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • FHA/VA Approved Complex

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 045N C 036.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$841

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Directions: St of Franklin to Indian Ridge to LT onto N Barton, RT onto Lynnwood to Lynn Ln
  • Prop. Type: Residential
  • Year Built: 1955
  • Garage Garage Spaces: 1
  • Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: In Foreclosure
  • Architectural Style: Cottage
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: Yes
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.58
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Fairmont
  • General Property Description Middle School2: Indian Trail
  • General Property Description High School3: Science Hill
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: +/- .58 Acres
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 900.0
  • General Property Description Above Grade SqFt: 900.0
  • AC Central Air: Yes
  • TopographyLot Description Level2: Yes
  • General Property Description Parcel ID2: 045N C 036.00
  • Financing FHA: Yes
  • General Property Description Stories2: 1
  • Basement Garage Door: Yes
  • RoofAsphalt: Yes
  • Property Condition Below Average: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: 1028

Interior Features

  • Has Basement: Crawl Space, Dirt Floor, Full, Garage Door, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • General Property Description Baths - Full: 1
  • Basement:Crawl Space: Yes
  • Basement:Unfinished: Yes
  • Full Basement: Yes
  • Basement:Dirt Floor: Yes

Exterior Features

  • Property Condition: Below Average
  • Roof: Asphalt
  • Acres: 0.58
  • Topography: Level
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Vinyl Siding
  • Patio And Porch Features: Porch, Side Porch
  • Exterior Finish Vinyl Siding: Yes
  • PorchPatioDeck Porch: Yes
  • PorchPatioDeck Side Porch: Yes
  • Exterior Finish Aluminum Siding: Yes

Garage/Parking

  • Parking Features: Deeded, Attached, Gravel
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features:Gravel: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Parking Spaces: Yes

Utilities

  • Heating: Central, Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Cooling: Central Air, None
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Natural Gas2: Yes
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Fairmont
  • High School: Science Hill
  • Middle Or Junior School: Indian Trail

Lot Info

  • Zoning: Residential
  • Lot Dimensions: +/- .58 Acres
  • Lot Size Sq Ft: 25264.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 045N C 036.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2020
Closed on
Aug 11, 2020
Sold by
Carson Ben
Bought by
Peterson Sandra L
Seller's Agent
Gordon Newman
Century 21 Legacy - Greeneville
Buyer's Agent
Kathy Michels
KW Johnson City
List Price
$78,000
Sold Price
$75,429
Premium/Discount to List
-$2,571
-3.3%
Current Estimated Value
$192,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,159
Avg. Annual Appreciation
19.71%
Original Mortgage
$91,668
Outstanding Balance
$81,316
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$111,272

Purchase Details

Closed on
Jul 13, 2018
Sold by
Nationstar Mortgage Llc
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Oct 12, 2017
Sold by
The Secretary Of Hud
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Nov 3, 2016
Sold by
Barry John J and Barry Joyce M
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Oct 6, 1989
Bought by
Barry John J and Barry Joyce M
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
Peterson Sandra L $75,429 Classic Title Ins Co Inc
Secretary Of Housing & Urban Development -- None Available
Nationstar Mortgage Llc -- Nas Dept Meridian Title Corp
Nationstar Mortgage Llc -- --
Barry John J $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Sandra L $91,668
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2020 08/13/20 Sold $75,429 -3.3% $84 / Sq Ft
06/02/2020 06/02/20 Pending -- -- --
10/31/2019 10/31/19 For Sale $78,000 -- $87 / 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 $841 $49,200 $7,375 $41,825
2022 $541 $25,175 $4,925 $20,250
2021 $977 $25,175 $4,925 $20,250
2020 $971 $25,175 $4,925 $20,250
2019 $499 $25,175 $4,925 $20,250
2018 $895 $20,975 $4,925 $16,050
2017 $895 $20,975 $4,925 $16,050
2016 $891 $20,975 $4,925 $16,050
2015 $755 $20,975 $4,925 $16,050
2014 $755 $20,975 $4,925 $16,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 429233

Tennessee/Virginia Regional MLS

APN: 045N-C-036.00