$325,000
SOLD FEB 20, 2025

1966&1972 King Springs Rd Johnson City, TN 37601

Central Neighborhood
-- Bed
-- Bath
2,228 Sq Ft
1.55 Acres

Recently Sold

$146 Per Sq Ft

7% Below List Price

16 Days on Market

Highlights

  • RV Access or Parking
  • No HOA
  • Detached Garage
  • 1.55 Acre Lot
  • Sitting Room
  • Front Porch

About This Home

As of February 2025

Small Trailer Park with Incredible Investment Potential - Discover a unique investment opportunity with this small trailer park located on over 1.5 acres of prime land. Situated at 1966 & 1972 King Springs Rd., this property is fully rented and generates a steady income, with exciting potential for expansion and additional revenue streams.Property Features:- Doublewide Mobile Home (1966 King Springs Rd.): - 3 bedrooms, 2 bathrooms - Currently rented for $1,400/month - Connected to public water & sewer - Singlewide Mobile Home #1 (1972 #1 King Springs Rd.): - 2 bedrooms, 2 bathrooms - Currently rented for $1,200/month - Singlewide Mobile Home #2 (1972 #2 King Springs Rd.): - 2 bedrooms, 1 bathroom - Currently rented for $1,000/month - RV on Property: - Currently rented for $500/month - Site-Built Home: - In need of renovation but offers excellent potential for conversion into a 1-bedroom, 1-bathroom rental unit. Income Potential:- Current Monthly Income: $4,100 - Future Potential Income: - Renovated home - Additional mobile home spots: Potential for 2-3 unitsAdditional Highlights:- Public water access serves the entire property. - Public sewer connected to doublewide - Utilities (electric and water) are included in current rental rates. - Ample land for adding additional units, creating an expanded trailer park, or increasing rental income. This property offers an established income stream with the flexibility to grow even further. Whether you're a seasoned investor or just entering the rental market, this is a rare opportunity to own a fully occupied trailer park with high demand and untapped potential. Schedule your showing today to explore this incredible investment opportunity!Buyer/Buyer's Agent to verify all info.

Last Agent to Sell the Property

STEPHEN NEMETH

RE/MAX Preferred License #333114 Listed on: 01/07/2025

Last Buyer's Agent

Leah McMahan

Crossroads Realty License #263654

Property Details

Home Type

  • Manufactured Home

Year Built

  • Built in 1991

Lot Details

  • 1.55 Acre Lot
  • Level Lot
  • Property is in average condition

Home Design

  • Metal Roof
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • 2,228 Sq Ft Home
  • 1-Story Property
  • Sitting Room

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Luxury Vinyl Plank Tile

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Detached Garage
  • Parking Pad
  • Gravel Driveway
  • Shared Driveway
  • RV Access or Parking

Outdoor Features

  • Outbuilding
  • Front Porch

Schools

  • Central Elementary And Middle School
  • Happy Valley High School

Mobile Home

  • Manufactured Home

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank

Community Details

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 047f C 016.02 & 047f C 016.03

Property Details

Home Type

Manufactured Home

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Directions: From Milligan Highway, turn on to King Springs Rd. See property on left.
  • Prop. Type: Multi Family
  • Year Built: 1991
  • Body Type: Double Wide, Single Wide
  • Property Sub Type: Other
  • Architectural Style: See Remarks
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: Manufactured House
  • Location Tax Legal Info Parcel ID: 047f C 016.02 & 047f C 016.03
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 1.55
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Central
  • General Property Description Middle School2: Central
  • General Property Description High School3: Happy Valley
  • General Property Description HOA YN: No
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: See Survey
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • AC Heat Pump3: Yes
  • Other Structures Outbuilding: Yes
  • TopographyLot Description Rolling Slope: Yes
  • Flooring Carpet: Yes
  • Flooring Laminate: Yes
  • Other Rooms Laundry: Yes
  • Flooring Luxury Vinyl: Yes
  • Roof Metal3: Yes
  • Property Condition Average: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Body Type Double Wide: Yes
  • Other Structures RVBoat Storage: Yes
  • Other Rooms Sitting: Yes
  • Body Type Single Wide: Yes
  • General Property Description # Buildings: 3
  • General Property Description Total Units: 3
  • General Property Description Home Warranty2: No
  • Levels One: Yes
  • Structure Type:Manufactured House: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Flooring: Luxury Vinyl, Carpet, Laminate
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Metal
  • Other Structures: Garage(s), Outbuilding, RV/Boat Storage
  • Acres: 1.55
  • Topography: Rolling Slope, Level
  • Home Warranty: No
  • Construction Type: Metal Siding, Vinyl Siding
  • Patio And Porch Features: Front Porch
  • Exterior Finish Vinyl Siding: Yes
  • PorchPatioDeck Front Porch: Yes
  • Exterior Finish Metal Siding: Yes

Garage/Parking

  • Parking Features: RV Access/Parking, Driveway, Asphalt, Detached, Gravel, Parking Pad, Shared Driveway
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:Asphalt2: Yes
  • Other Structures:Garage(s): Yes
  • Parking Features:Detached: Yes
  • Parking Features:Shared Driveway: Yes
  • Parking Features:Parking Pad: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer, Septic Tank
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Central
  • High School: Happy Valley
  • Middle Or Junior School: Central

Lot Info

  • Zoning: Residential
  • Lot Dimensions: See Survey
  • Lot Size Sq Ft: 67518.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 047f C 016.02 & 047f C 016.03
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2025 02/20/25 Sold $325,000 -7.1% $146 / Sq Ft
01/23/2025 01/23/25 Pending -- -- --
01/07/2025 01/07/25 For Sale $350,000 -- $157 / Sq Ft
Source: Tennessee/Virginia Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2025

    STEPHEN NEMETH

    RE/MAX Preferred

    (865) 454-0151

    1 in this area

    134 Total Sales

    STEPHEN NEMETH
    Section Image

  • L

    Buyer's Agent in 2025

    Leah McMahan

    Crossroads Realty

    (830) 928-1896

    4 in this area

    472 Total Sales

    Leah McMahan
    Section Image
  • Jim Griffin

    Buyer's Agent in 2025

    Jim Griffin

    LPT Realty - Griffin Home Group

    (423) 482-0743

    5 in this area

    977 Total Sales

    Jim Griffin
    Section Image

  • R

    Buyer's Agent in 2025

    Rick Gray

    Berkshire Hathaway HomeServices Realty Center

  • M

    Buyer Co-Listing Agent in 2025

    Matthew Amos

    LPT Realty - Griffin Home Group

    (423) 416-4068

    1 in this area

    11 Total Sales

    Matthew Amos
    Section Image
See All Agents

Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9974855

Tennessee/Virginia Regional MLS
Tennessee Carter County Johnson City 37601 Central

1966&1972 King Springs Rd, Johnson City, TN

This home is located at 1966&1972 King Springs Rd, Johnson City, TN 37601 and is currently priced at $325,000, approximately $145 per square foot. This property was built in 1991. 1966&1972 King Springs Rd is a home located in Carter County with nearby schools including Solid Rock Academy, Munsey Kindergarten, and Central Baptist Preschool & Kindergarten.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Tennessee/Virginia Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to the firm whose website is being visited
Listing information is deemed reliable, but not guaranteed.

Nearby Homes