NOT LISTED FOR SALE

221 Taylor St Bristol, TN 37620

Estimated Value: $138,000 - $169,762

-- Bed
1 Bath
2,518 Sq Ft
$63/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $255,000 $101 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $1,084/month

18 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Front Porch
  • Traditional Architecture
  • No HOA
  • Storm Windows

About This Home

As of June 2023

Three unit property within 4 blocks of the famous downtown State Street sign. Brick single family home has 4 bedrooms with a washer and dryer and a large kitchen and living room Plumbing replaced in the home this year. Detached garage 2-story garage with a 2 bedroom downstairs and a large 1 bedroom upstairs. The upstairs apartment has a large living room that could easily be divided to create a second bedroom. The garage building is zoned commercial and both units had new heat pumps installed approximately 5 years ago. All three units have individual electrical meters. One tenant has been in place 18 months and the other 2 tenants in place for four or more years. Total rental income is $2700/month and all three units have room for price increases. Owner pays water for the garage apartment and lawn maintenance.

Last Agent to Sell the Property

Diane Hodge

Big Orange Realty Company License #0225049459 Listed on: 05/16/2023

Last Buyer's Agent

EBONY JOHNSON

KW Johnson City License #333983

KW Johnson City

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50x75
  • Level Lot
  • Property is in average condition

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Plaster Walls
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,518 Sq Ft Home
  • 1-Story Property
  • Basement

Kitchen

  • Electric Range
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Fairview-Tn Elementary School
  • Vance Middle School
  • Tennessee High School

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 021a E 050.00

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Directions: Off Pennsylvania Ave. turn onto Taylor St, House on the left and apartment in the back
  • Prop. Type: Residential Income
  • Year Built: 1928
  • Property Sub Type: Multi-Family
  • Architectural Style: Traditional
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 021a E 050.00
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.18
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Fairview-Tn
  • General Property Description Middle School2: Vance
  • General Property Description High School3: Tennessee
  • General Property Description HOA YN: No
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 50x75
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • Flooring Tile2: Yes
  • AC Heat Pump3: Yes
  • General Property Description Stories2: 1
  • Flooring Carpet: Yes
  • Foundation Block6: Yes
  • Walls Plaster: Yes
  • Property Condition Average: Yes
  • RoofAsphalt: Yes
  • General Property Description # Buildings: 1
  • General Property Description Total Units: 3
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range
  • Has Basement: Concrete
  • Flooring: Tile, Carpet, Hardwood
  • Interior Amenities: Laminate Counters, Storm Door(s)
  • Window Features: Storm Window(s)
  • Appliances Dishwasher: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:Electric Range: Yes
  • InteriorFeatures:Storm Door(s): Yes
  • Basement:Concrete3: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Asphalt
  • Lot Features: Level
  • Acres: 0.18
  • Construction Type: Brick, Vinyl Siding, Plaster
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Front Porch, Porch
  • Exterior Finish Brick4: Yes
  • Exterior Finish Vinyl Siding: Yes
  • PorchPatioDeck Deck: Yes
  • PorchPatioDeck Front Porch: Yes
  • PorchPatioDeck Porch: Yes
  • Window Features:Storm Window(s): Yes

Utilities

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

Schools

  • Elementary School: Fairview-Tn
  • High School: Tennessee
  • Middle Or Junior School: Vance

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 50x75
  • Lot Size Sq Ft: 7840.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 021a E 050.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2016
Closed on
Oct 21, 2016
Sold by
Smith Rosa M
Bought by
Hodge Matthew W and Hodge Darrell W
Seller's Agent
LISTINGS TRANFERRED
Century 21 Legacy
Buyer's Agent
Diane Hodge
Big Orange Realty Company
List Price
$85,000
Sold Price
$80,000
Premium/Discount to List
-$5,000
-5.88%
Current Estimated Value
$186,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,020
Avg. Annual Appreciation
8.07%

Purchase Details

Closed on
Mar 21, 2013
Sold by
Smith Tracye
Bought by
Smith Timothy W and Smith Rosa M

Purchase Details

Closed on
Feb 24, 1998
Sold by
Kegley Clarence E
Bought by
Smith Timothy W and Smith Rosa M
Source: Public Records

Range of Values:

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Average Value
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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
Hodge Matthew W $80,000 --
Smith Timothy W -- --
Smith Timothy W $58,227 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Timothy W $71,749
Previous Owner Smith Rosa M $71,219
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $255,000 -3.6% $101 / Sq Ft
06/03/2023 06/03/23 Pending -- -- --
05/16/2023 05/16/23 For Sale $264,444 +230.6% $105 / Sq Ft
10/25/2016 10/25/16 Sold $80,000 -5.9% $74 / Sq Ft
09/24/2016 09/24/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $85,000 -- $79 / 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 -- $19,275 $575 $18,700
2023 $847 $19,275 $575 $18,700
2022 $847 $19,275 $575 $18,700
2021 $847 $19,275 $575 $18,700
2020 $856 $19,275 $575 $18,700
2019 $856 $18,075 $575 $17,500
2018 $852 $18,075 $575 $17,500
2017 $852 $18,075 $575 $17,500
2016 $616 $12,775 $575 $12,200
2014 $581 $12,755 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9951824

Tennessee/Virginia Regional MLS

APN: 021A-E-050.00