NOT LISTED FOR SALE

2303 Abbott Dr Johnson City, TN 37601

Estimated Value: $129,000 - $255,000

-- Bed
2 Baths
1,472 Sq Ft
$124/Sq Ft Est. Value

Last Sold May 11, 2018

Last sale price $72,000 $49 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $1,020/month

5 Days on Market

Highlights

  • Traditional Architecture
  • Front Porch
  • Eat-In Kitchen
  • Liberty Bell Middle School Rated A
  • Attached Garage
  • Paneling

About This Home

As of May 2018

Investors, bring your checkbooks! This two unit property is already rented for positive cash flow. Two buildings, ample yard, and convenient to South Johnson City, Erwin, and Milligan. Perfect for students or you live in one and rent out the other. Basement has been rented as apartment before and can be updated with new plumbing to make this a 3 unit rental. Priced to sell as seller says BRING OFFERS!

Last Agent to Sell the Property

Lynn Byrd

Byrd Home Team License #TN 250985,VA 0225064241 Listed on: 04/03/2018

Byrd Home Team

Co-Listed By

Scott Vaughn

Byrd Home Team License #344898

Last Buyer's Agent

PATRICK WATKINS

KW Johnson City License #334189

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $709

Year Built

  • Built in 1967

Lot Details

  • 0.54 Acre Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Block Foundation
  • Composition Roof
  • Masonite

Interior Spaces

  • 2-Story Property
  • Paneling
  • Block Basement Construction
  • Washer and Gas Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Parking

  • Attached Garage
  • 1 Carport Space

Outdoor Features

  • Patio
  • Front Porch

Schools

  • Mountain View Elementary School
  • Indian Trail Middle School
  • Science Hill High School

Utilities

  • Window Unit Cooling System
  • Heat Pump System
  • Baseboard Heating
  • Cable TV Available

Community Details

  • 2 Buildings

Listing and Financial Details

  • Assessor Parcel Number 055G A 025.05

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$709

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Directions: I26 to Exit 24 toward Elizabethton, take the Milligan Hwy exit, right on Milligan Hwy, right on Swadley, right on Abbott, properties on the right, WELCOME!
  • Prop. Type: Residential Income
  • Year Built: 1967
  • Garage Carport Spaces: 1
  • Property Sub Type: Other
  • Co List Office Phone: 423-247-8121
  • Architectural Style: Traditional
  • Unit Levels: Two, One
  • Location Tax Legal Info Parcel ID: 055G A 025.05
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.54
  • General Property Description Zoning2: Commercial
  • General Property Description Elementary School3: Mountain View
  • General Property Description Middle School2: Indian Trail
  • General Property Description High School3: Science Hill
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 0.54 Acres
  • TopographyLot Description Level2: Yes
  • Roof Composition: Yes
  • TopographyLot Description Sloped: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Flooring Laminate: Yes
  • Utilities Cable Available: Yes
  • Foundation Block6: Yes
  • Exterior Finish Masonite: Yes
  • Excluded From Sale A C Window Units: Yes
  • Walls Paneling: Yes
  • Basement Block4: Yes
  • Flooring Ceramic Tile: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • General Property Description # Buildings: 2
  • Levels:Two: Yes
  • Levels One: Yes
  • Special Features: None

Interior Features

  • Has Basement: Block
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Interior Amenities: Eat-in Kitchen, Laminate Counters
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Laminate Counters: Yes

Exterior Features

  • Roof: Composition
  • Lot Features: Sloped, Level
  • Acres: 0.54
  • Construction Type: Block, Masonite
  • Foundation Details: Block
  • Patio And Porch Features: Front Patio, Front Porch
  • PorchPatioDeck Front Patio: Yes
  • PorchPatioDeck Front Porch: Yes

Garage/Parking

  • Parking Features: Asphalt, Attached
  • Attached Garage: Yes
  • Parking Features:Asphalt2: Yes
  • Parking Features:Attached: Yes

Utilities

  • Heating: Heat Pump, Baseboard
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Heating:Baseboard: Yes

Schools

  • Elementary School: Mountain View
  • High School: Science Hill
  • Middle Or Junior School: Indian Trail

Lot Info

  • Zoning: Commercial
  • Lot Dimensions: 0.54 Acres
  • Lot Size Sq Ft: 23522.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 055G A 025.05
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2018
Closed on
May 14, 2018
Sold by
Joseph K Tolley
Bought by
Kidner Kenneth and Kidner Karen
Seller's Agent
Lynn Byrd
Byrd Home Team
Buyer's Agent
PATRICK WATKINS
KW Johnson City
List Price
$74,900
Sold Price
$72,000
Premium/Discount to List
-$2,900
-3.87%
Current Estimated Value
$182,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,491
Avg. Annual Appreciation
13.07%
Original Mortgage
$57,600
Outstanding Balance
$49,766
Interest Rate
4.55%
Estimated Equity
$132,725
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kidner Kenneth $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kidner Kenneth $57,600
Closed Kidner Kenneth --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2018 05/11/18 Sold $72,000 -3.9% $49 / Sq Ft
04/09/2018 04/09/18 Pending -- -- --
04/03/2018 04/03/18 For Sale $74,900 -- $51 / 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 $709 $41,480 -- $41,480
2023 $556 $25,880 $0 $0
2022 $556 $25,880 $0 $25,880
2021 $1,004 $25,880 $0 $25,880
2020 $872 $22,600 $0 $22,600
2019 $442 $22,600 $0 $22,600
2018 $793 $18,560 $0 $18,560
2017 $793 $18,560 $0 $18,560
2016 $789 $18,560 $0 $18,560
2015 $668 $18,560 $0 $18,560
2014 $668 $18,560 $0 $18,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 404602

Tennessee/Virginia Regional MLS

APN: 055G-A-025.05-001