Seller's Agent in 2022
Robin Smith
KW Kingsport
(423) 340-1787
14 in this area
117 Total Sales
221 Country Ln Church Hill, TN 37642
Estimated Value: $163,000 - $623,291
--
Bed
--
Bath
--
Sq Ft
4.5
Acres
Highlights
- 4.5 Acre Lot
- Level Lot
- Heat Pump System
- Cooling Available
About This Home
As of December 2022Great investment opportunity and perfect for your 1031 Exchange! $91,080 annual gross income, 10 unit mobile home park with great rental history. All homes are park owned. 9 units have undergone major renovations, have central heat & air and are fully occupied. A 10th home is in need of renovating or replaced prior to being occupied. Tenants pay for individually metered electric and water. Vacant land area may accommodate 2 or more additional homes for future expansion although buyer responsible to verify the feasibility of such including utility & septic connections. Proof of funds and/or pre-approval letter must be provided prior to scheduling a showing. Buyer to verify any and all information.
Last Buyer's Agent
Non Member
Non Member
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $968
Year Built
- Built in 1994
Lot Details
- 4.5 Acre Lot
- Lot Dimensions are 311x662
- Level Lot
- Property is in good condition
Home Design
- Aluminum Siding
Schools
- Church Hill Elementary And Middle School
- Volunteer High School
Utilities
- Cooling Available
- Heat Pump System
Community Details
- 10 Units
- Gross Income $91,080
Listing and Financial Details
- Assessor Parcel Number 042 075.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 11, 2017
Sold by
Wood Verlion D
Bought by
Third Base Investments Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,600
Interest Rate
4.3%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 31, 2007
Sold by
Brown Dennis
Bought by
Wood Verlion D and Wood Alice A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.56%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 29, 1988
Bought by
Brown Dennis
Purchase Details
Closed on
Sep 1, 1987
Bought by
Mcconnell Maynard L and Mcconnell Carolyn F
Purchase Details
Closed on
Jul 28, 1986
Bought by
Hutson Mary Helen
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Third Base Investments Llc | $207,000 | -- | |
| Wood Verlion D | $61,600 | -- | |
| Brown Dennis | -- | -- | |
| Mcconnell Maynard L | -- | -- | |
| Hutson Mary Helen | $30,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Volunteer Home Solutions Llc | $750,000 | |
| Closed | Third Base Investments Llc | $165,600 | |
| Previous Owner | Hutson Mary Helen | $70,000 | |
| Previous Owner | Dennis Brown | $40,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/09/2022 12/09/22 | Sold | $550,000 | -15.4% | -- |
| 06/03/2022 06/03/22 | For Sale | $649,900 | -- | -- |
Source: Tennessee/Virginia Regional MLS
Tax History Compared to Growth
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 | $968 | $37,880 | $22,120 | $15,760 |
| 2023 | $881 | $37,880 | $0 | $0 |
| 2022 | $878 | $37,880 | $22,120 | $15,760 |
| 2021 | $821 | $37,880 | $22,120 | $15,760 |
| 2020 | $896 | $37,880 | $22,120 | $15,760 |
| 2019 | $896 | $35,400 | $22,120 | $13,280 |
| 2018 | $863 | $35,400 | $22,120 | $13,280 |
| 2017 | $863 | $34,080 | $22,120 | $11,960 |
| 2016 | $863 | $34,080 | $22,120 | $11,960 |
| 2015 | $840 | $34,080 | $22,120 | $11,960 |
| 2014 | $927 | $37,600 | $22,160 | $15,440 |
Source: Public Records
Agents Affiliated with this Home
-
Robin Smith
-
Rachel Smith
Seller Co-Listing Agent in 2022
Rachel Smith
KW Kingsport
(423) 343-3238
13 in this area
105 Total Sales
-
N
Buyer's Agent in 2022
Non Member
Non Member
Map
Source: Tennessee/Virginia Regional MLS
MLS Number: 9938768
APN: 042-075.00
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