NOT LISTED FOR SALE

1903 E Main St Johnson City, TN 37601

Estimated Value: $280,000 - $497,000

9.42 Acres
$37,438 Price per Acre
410,335 Sq Ft Lot

Last Sold June 23, 2020

Last sale price $59,000 $13 Per Sq Ft

Est. 498% increase in value since last sale

Current estimated payment $1,967/month

51 Days on Market

Highlights

  • Barn
  • Mountain View
  • Level Lot
  • Liberty Bell Middle School Rated A

About This Lot

As of June 2020

9.42 acres for development. 3.8 acres, parcel 047G C 013.00 has a house that need to be torn down and a barn. It is zoned B-4 and is inside the city. The 5.63 acres is in the county. It is zoned R3 allowing for up to 12 units per acre. There is a sewer tap at the lower driveway of the property. Plat of the map can be seen at CRS and the tax map shows owner Raymond Reese.

Last Agent to Sell the Property

Mark Falls

Realty Solutions License #256087 Listed on: 12/06/2019

Last Buyer's Agent

RON KIND

The Wilson Agency License #281015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,328

Lot Details

  • 9.42 Acre Lot
  • Level Lot
  • Property is in average condition
  • Property is zoned CM & R3

Schools

  • Mountain View Elementary School
  • Indian Trail Middle School
  • Science Hill High School

Additional Features

  • Mountain Views
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 047g C 013.00 & See Remarks

Property Details

Property Type

Land

Est. Annual Taxes

$1,328

Lot Details

0

Listing Details

  • Directions: Main street thru town toward Elizabethton to 1903 Main. Just as you crest the hill before A & N Storage trailers, property is on the left. Green mailbox at the driveway. There is a gate and lockbox on post at gate. Key for house. Be very careful as house is not habitable.
  • Prop. Type: Land
  • Road Surface Type: Paved
  • Road Frontage Type: Highway
  • Subdivision Name: Not In Subdivision
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 047g C 013.00 & See Remarks
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 9.42
  • General Property Description Zoning2: CM & R3
  • General Property Description Elementary School3: Mountain View
  • General Property Description Middle School2: Indian Trail
  • General Property Description High School3: Science Hill
  • Lot Features Level3: Yes
  • Water Public: Yes
  • View Mountain(s): Yes
  • Utilities Electricity Available: Yes
  • Property Condition Average: Yes
  • Other Structures Barn(s): Yes
  • Lot Features Sloped2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Property Condition: Average
  • Lot Features: Level, Sloped
  • Other Structures: Barn(s)
  • View: Mountain(s)
  • Acres: 9.42

Utilities

  • Sewer: See Remarks
  • Utilities: Electricity Available
  • Water Source: Public

Schools

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

Lot Info

  • Zoning: CM & R3
  • Lot Dimensions: 9.42 Acres
  • Lot Size Sq Ft: 410335.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 047g C 013.00 & See Remarks
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2019
Closed on
Jun 23, 2020
Sold by
Carpenter Natasha and Reese Eric B
Bought by
Shelton James D and Shelton Amy Wells
Seller's Agent
Mark Falls
Realty Solutions
Buyer's Agent
RON KIND
The Wilson Agency
List Price
$79,900
Sold Price
$59,000
Premium/Discount to List
-$20,900
-26.16%
Current Estimated Value
$352,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,667
Avg. Annual Appreciation
38.91%
Original Mortgage
$47,000
Outstanding Balance
$33,041
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$319,626

Purchase Details

Closed on
Jul 1, 2015
Sold by
Reese Raymond A
Bought by
Reese Raymond A and Carpenter Natasha A

Purchase Details

Closed on
May 18, 2006
Sold by
Ava Reese
Bought by
Alan Reese Raymond

Purchase Details

Closed on
Feb 4, 2006
Bought by
Reese Raymond Alan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Shelton James D $59,000 None Available
Reese Raymond A -- None Available
Alan Reese Raymond -- --
Reese Raymond Alan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shelton James D $47,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2020 06/23/20 Sold $59,000 -26.2% $13 / Sq Ft
01/27/2020 01/27/20 Pending -- -- --
12/06/2019 12/06/19 For Sale $79,900 -- $18 / 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 $1,328 $77,675 $7,000 $70,675
2023 $989 $46,000 $0 $0
2022 $989 $46,000 $6,300 $39,700
2021 $1,785 $46,000 $6,300 $39,700
2020 $1,776 $46,000 $6,300 $39,700
2019 $763 $46,000 $6,300 $39,700
2018 $1,369 $32,075 $6,300 $25,775
2017 $1,369 $32,075 $6,300 $25,775
2016 $1,363 $32,075 $6,300 $25,775
2015 $1,235 $32,075 $6,300 $25,775
2014 $1,132 $31,450 $6,300 $25,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9902717

Tennessee/Virginia Regional MLS

APN: 047G-C-013.00