NOT LISTED FOR SALE

199 Rockingham Rd Unit 1-13 Johnson City, TN 37615

Oak Grove Neighborhood

Estimated Value: $1,102,748 - $1,472,000

-- Bed
20 Baths
-- Sq Ft
2.21 Acres

Last Sold April 30, 2018

Last sale price $615,000

Est. 109% increase in value since last sale

Current estimated payment $7,605/month

60 Days on Market

Highlights

  • 2.21 Acre Lot
  • Level Lot
  • Carpet
  • Central Heating and Cooling System

About This Home

As of April 2018

12 Townhouse Apartment Units, 2 BR-1.5 BA & a 3 BR-2 BA Doublewide. Zoning Allows 36 Total Units - Utility Water & Sanitary Sewer - Utilities Are Tenant Expense.

Last Agent to Sell the Property

William Hawk

REMAX Checkmate, Inc. Realtors License #0201398 Listed on: 02/24/2018

REMAX Checkmate, Inc. Realtors

Last Buyer's Agent

William Hawk

REMAX Checkmate, Inc. Realtors License #0201398 Listed on: 02/24/2018

REMAX Checkmate, Inc. Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,246

Year Built

  • Built in 1989

Lot Details

  • 2.21 Acre Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Crawl Space
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Schools

  • Boones Creek Elementary And Middle School
  • Daniel Boone High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 013I C 003.01

Community Details

Overview

  • 3 Buildings

Building Details

  • Utility Expense $1,344
  • Operating Expense $22,410
  • Gross Income $67,200
  • Net Operating Income $44,790

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,246

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Directions: From I-26, take Boones Creek Road, exit EAST toward North Roan Street, LEFT on North Roan Street toward Kingsport, RIGHT on Rockingham Road, Apartments on LEFT.
  • Prop. Type: Residential Income
  • Year Built: 1989
  • IncomeAndExpensesAnnualUtilityExpenses: 1344
  • Property Sub Type: Multi-Family
  • Architectural Style: Townhouse
  • Unit Levels: Two
  • Location Tax Legal Info Parcel ID: 013I C 003.01
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 2.21
  • General Property Description Zoning2: R-3A
  • General Property Description Elementary School3: Boones Creek
  • General Property Description Middle School2: Boones Creek
  • General Property Description High School3: Daniel Boone
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 2.21 Acres
  • AC Central Air: Yes
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Roof Composition: Yes
  • Flooring Carpet: Yes
  • Flooring Vinyl: Yes
  • Style Townhouse: Yes
  • General Property Description # Buildings: 3
  • Levels:Two: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Has Basement: Crawl Space
  • Flooring: Vinyl, Carpet
  • Appliances Dishwasher: Yes
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Composition
  • Lot Features: Level
  • Acres: 2.21
  • Construction Type: Brick
  • Exterior Finish Brick4: Yes

Garage/Parking

  • Parking Features: Asphalt, None
  • Attached Garage: No
  • Parking Features:Asphalt2: Yes

Utilities

  • Heating: Heat Pump, Electric, Central
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Electric: Yes

Schools

  • Elementary School: Boones Creek
  • High School: Daniel Boone
  • Middle Or Junior School: Boones Creek

Lot Info

  • Zoning: R-3A
  • Lot Dimensions: 2.21 Acres
  • Lot Size Sq Ft: 96267.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 013I C 003.01
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 67200.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2018
Closed on
Apr 30, 2018
Sold by
Peters Ronnie E and Peters Debbie L
Bought by
Hatcher Jonathan E and Hatcher Kristina S
Seller's Agent
William Hawk
REMAX Checkmate, Inc. Realtors
Buyer's Agent
William Hawk
REMAX Checkmate, Inc. Realtors
List Price
$694,000
Sold Price
$615,000
Premium/Discount to List
-$79,000
-11.38%
Current Estimated Value
$1,287,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$672,374
Avg. Annual Appreciation
9.81%
Original Mortgage
$387,500
Outstanding Balance
$337,561
Interest Rate
4.45%
Mortgage Type
Commercial
Estimated Equity
$884,817

Purchase Details

Closed on
Aug 30, 1988
Bought by
Peters Ronnie E
Source: Public Records

Range of Values:

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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
Hatcher Jonathan E $615,000 None Available
Peters Ronnie E $15,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hatcher Jonathan E $387,500
Closed Hatcher Jonathan E $307,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2018 04/30/18 Sold $615,000 -11.4% --
04/26/2018 04/26/18 Pending -- -- --
02/24/2018 02/24/18 For Sale $694,000 -- --
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 $7,246 $423,760 $45,760 $378,000
2022 $5,379 $250,200 $23,400 $226,800
2021 $5,379 $250,200 $23,400 $226,800
2020 $5,379 $250,200 $23,400 $226,800
2019 $5,186 $250,200 $23,400 $226,800
2018 $5,186 $217,920 $23,400 $194,520
2017 $5,186 $217,920 $23,400 $194,520
2016 $5,186 $217,920 $23,400 $194,520
2015 $4,314 $217,920 $23,400 $194,520
2014 $4,314 $217,920 $23,400 $194,520
Source: Public Records

Agents Affiliated with this Home

  • William Hawk

    Seller's Agent in 2018

    William Hawk

    RE/MAX

    (423) 534-5050

    1 in this area

    101 Total Sales

    William Hawk
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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 402928

Tennessee/Virginia Regional MLS

APN: 013I-C-003.01

Tennessee Washington County Johnson City 37615 Oak Grove

199 Rockingham Rd Unit 1-13, Johnson City, TN

This home is located at 199 Rockingham Rd Unit 1-13, Johnson City, TN 37615 since 24 February 2018 and is currently estimated at $1,287,374. This property was built in 1989. 199 Rockingham Rd Unit 1-13 is a home located in Washington County with nearby schools including Boones Creek Elementary School, Boones Creek Middle School, and Daniel Boone High School.

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