NOT LISTED FOR SALE

2305&2303 Abbott Dr Johnson City, TN 37601

Estimated Value: $224,000 - $300,579

-- Bed
-- Bath
2,064 Sq Ft
$134/Sq Ft Est. Value

Last Sold May 09, 2022

Last sale price $250,000 $121 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,503/month

2 Days on Market

Highlights

  • Deck
  • Attached Garage
  • Bungalow
  • Liberty Bell Middle School Rated A
  • Cooling System Mounted In Outer Wall Opening
  • Central Heating and Cooling System

About This Home

As of May 2022

Attention Investors here is a rare opportunity in this market to own a multi family property in the sought-after Johnson City (Washington County)!! ***Rent out all three or live in one and live house payment free*** Two of the units are 2 bed 1 bath and a stand alone studio with carport. Three units with a lot of potential. One unit is already rented with a great tenant, the studio will be ready for a renter very soon and the third is ready for cosmetic installation.

Last Agent to Sell the Property

Patrick Watkins

Watkins Home Team License #334189 Listed on: 04/01/2022

Last Buyer's Agent

REBECCA RIDEOUT

The Property Experts JC License #330499

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $534

Year Built

  • Built in 1965

Lot Details

  • 0.45 Acre Lot
  • Level Lot
  • Property is in good condition

Home Design

  • Duplex
  • Bungalow
  • Fixer Upper
  • Brick Exterior Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,064 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring
  • Partially Finished Basement

Kitchen

  • Electric Range
  • Dishwasher

Parking

  • Attached Garage
  • 1 Carport Space
  • Gravel Driveway

Outdoor Features

  • Deck

Schools

  • Mountain View Elementary School
  • Liberty Bell Middle School
  • Science Hill High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating and Cooling System

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 055g A 025.05

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$534

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Directions: From exit 24 turn right then right on Milligan HWY to right on Swadley Rd to Right on Abbott Drive. See sign on the right. GPS friendly.
  • Prop. Type: Residential Income
  • Year Built: 1965
  • Garage Carport Spaces: 1
  • Property Sub Type: Multi-Family
  • Subdivision Name: Not In Subdivision
  • Architectural Style: Bungalow, Duplex
  • Unit Levels: Two, One
  • New Construction: No
  • 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: 0.45
  • General Property Description Zoning2: R3
  • General Property Description Elementary School3: Mountain View
  • General Property Description Middle School2: Liberty Bell
  • General Property Description High School3: Science Hill
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: See Acres
  • AC Central Air: Yes
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • TopographyLot Description Rolling Slope: Yes
  • Roof Metal3: Yes
  • Property Condition Fixer: Yes
  • Flooring Vinyl: Yes
  • AC Wall Unit(s): Yes
  • General Property Description # Buildings: 2
  • General Property Description Total Units: 3
  • Style Duplex: Yes
  • Levels:Two: Yes
  • Levels One: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Has Basement: Partially Finished
  • Flooring: Vinyl, Plank
  • Appliances Dishwasher: Yes
  • Basement:Partially Finished: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Property Condition: Above Average, Fixer
  • Roof: Metal
  • Lot Features: Rolling Slope, Level
  • Acres: 0.45
  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Deck
  • Exterior Finish Brick4: Yes
  • Exterior Finish Vinyl Siding: Yes
  • PorchPatioDeck Deck: Yes

Garage/Parking

  • Parking Features: Attached, Carport, Concrete, Gravel
  • Attached Garage: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Concrete2: Yes
  • Parking Features:Carport: Yes

Utilities

  • Heating: See Remarks, Central
  • Sewer: Public Sewer
  • Cooling: Central Air, Wall Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:See Remarks10: Yes

Schools

  • Elementary School: Mountain View
  • High School: Science Hill
  • Middle Or Junior School: Liberty Bell

Lot Info

  • Zoning: R3
  • Lot Dimensions: See Acres
  • Lot Size Sq Ft: 19602.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 055g A 025.05
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2001
Bought by
G & W Properties
Current Estimated Value
$276,895

Purchase Details

Closed on
Jul 5, 2001
Bought by
Bank Of Tennessee
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
G & W Properties $135,000 --
Bank Of Tennessee $125,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2022 05/09/22 Sold $250,000 +19.0% $121 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $210,000 -- $102 / 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 $534 $31,225 $10,000 $21,225
2023 $379 $17,650 $0 $0
2022 $379 $17,650 $10,000 $7,650
2021 $685 $17,650 $10,000 $7,650
2020 $722 $18,700 $11,275 $7,425
2019 $326 $18,700 $11,275 $7,425
2018 $585 $13,700 $7,075 $6,625
2017 $585 $13,700 $7,075 $6,625
2016 $582 $13,700 $7,075 $6,625
2015 $493 $13,700 $7,075 $6,625
2014 $493 $13,700 $7,075 $6,625
Source: Public Records

Agents Affiliated with this Home

  • Patrick Watkins

    Seller's Agent in 2022

    Patrick Watkins

    Watkins Home Team

    (423) 524-8173

    305 Total Sales

    Patrick Watkins
    Section Image

  • R

    Buyer's Agent in 2022

    REBECCA RIDEOUT

    The Property Experts JC

See All Agents

Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9935872

Tennessee/Virginia Regional MLS

APN: 055G-A-025.05

Tennessee Washington County Johnson City 37601

2305&2303 Abbott Dr, Johnson City, TN

Not Listed for Sale

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