NOT LISTED FOR SALE

2040 Spivey Mountain Rd Erwin, TN 37650

Estimated Value: $255,000 - $407,000

3 Beds
2 Baths
1,140 Sq Ft
$274/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $211,000 $185 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,761/month

About This Home

CONVENIENT WEEKEND RETREAT! 30 minutes from Johnson City, 10 from Erwin. What a wonderful updated cabin right on Spivey Creek. It comes fully furnished. Whether you are a fly fisherman, nature lover or just need a break from stress filled world. This retreat will fill your prescription. New roof, new Heat/Air unit, new remodeled kitchen, cabinets and appliances. Screened in porch, quiet walkways and serene views. This is the place for you and your guest. Spend your evenings out on the porch enjoying soothing melody of the creek, or curl up by the fireplace when it gets cold outside. The kitchen has enough space to cook with the whole family. Wonderful open floor plan. Upstairs, there is a beautiful loft area, giving you a bird's eye view of the living area. Outside, there is a beautiful wooden walkway. There are two detached buildings, Storage and art studio cottage. There are also plenty of parking spaces. Buyer/ Buyer's agent to verify all information.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2019
Closed on
Sep 30, 2019
Sold by
Morgan Calvin V and Morgan Mary M
Bought by
Cottrell Robert A and Cottrell Amanda L
Seller's Agent
HAROLD ROSS
The Property Experts JC
Buyer's Agent
Tammy Brooks
KW Kingsport
List Price
$229,900
Sold Price
$211,000
Premium/Discount to List
-$18,900
-8.22%
Current Estimated Value
$312,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,654
Avg. Annual Appreciation
6.24%
Original Mortgage
$211,000
Outstanding Balance
$183,618
Interest Rate
3.5%
Mortgage Type
VA
Estimated Equity
$129,036

Purchase Details

Closed on
Nov 3, 2004
Sold by
One Stop Discount Wines An
Bought by
Morgan Calvin V Jr

Purchase Details

Closed on
Nov 1, 2004
Bought by
Morgan Calvin V Jr and Morgan Mary M

Purchase Details

Closed on
Nov 1, 2002
Sold by
Foster Teresa L
Bought by
One Stop Discount Wines
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

Purchase History

Date Buyer Sale Price Title Company
Cottrell Robert A $211,000 Debbie Title
Morgan Calvin V Jr $199,990 --
Morgan Calvin V Jr $200,000 --
One Stop Discount Wines $116,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cottrell Robert A $211,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2019 09/30/19 Sold $211,000 -8.2% $185 / Sq Ft View Prior Sale
08/06/2019 08/06/19 Pending -- -- --
05/10/2019 05/10/19 For Sale $229,900 -- $202 / Sq Ft

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
2025 $1,088 $41,675 $2,825 $38,850
2024 $1,088 $41,675 $2,825 $38,850
2023 $1,088 $41,675 $0 $0
2022 $980 $41,675 $2,825 $38,850
2021 $992 $34,750 $2,825 $31,925
2020 $933 $34,750 $2,825 $31,925
2019 $933 $34,750 $2,825 $31,925
2018 $933 $34,750 $2,825 $31,925
2017 $933 $34,750 $2,825 $31,925
2016 $952 $35,475 $2,425 $33,050
2015 $952 $35,475 $0 $0
2014 $952 $35,475 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • HAROLD ROSS

    Seller's Agent in 2019

    HAROLD ROSS

    The Property Experts JC

    (423) 631-0400

    118 Total Sales

    HAROLD ROSS
    Section Image

  • T

    Buyer's Agent in 2019

    Tammy Brooks

    KW Kingsport

    (423) 512-0447

    46 Total Sales

    Tammy Brooks
    Section Image
See All Agents

Map

Tennessee Unicoi County Erwin 37650

2040 Spivey Mountain Rd, Erwin, TN

Not Listed for Sale

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.