NOT LISTED FOR SALE

Estimated Value: $93,096 - $115,000

2 Beds
1 Bath
1,104 Sq Ft
$96/Sq Ft Est. Value

Last Sold April 01, 2019

Last sale price $30,000 $27 Per Sq Ft

Est. 255% increase in value since last sale

Current estimated payment $581/month

359 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • Landscaped
  • Cooling Available
  • 1-Story Property
  • Heat Pump System

About This Home

As of April 2019

Located just a few blocks back of downtown Pennington Gap and within walking distance to stores, theater and restaurants this home represents a tremendous value for your family.Make your appointment for a private showing today! Buyers and buyers agent to verify all information contained in this listing.

Last Agent to Sell the Property

Chris Ward

Century 21 Bennett & Edwards License #0225103759 Listed on: 03/16/2018

Century 21 Bennett & Edwards

Last Buyer's Agent

KAREN FRANKS

Century 21 Bennett & Edwards

Century 21 Bennett & Edwards

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1931

Lot Details

  • Landscaped
  • Sloped Lot
  • Property is in average condition

Parking

  • Gravel Driveway

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Metal Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,104 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Exterior Basement Entry
  • Dirt Floor

Schools

  • Elk Knob Elementary School
  • Pennington Middle School
  • Lee Co High School

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • Property has a Home Owners Association
  • FHA/VA Approved Complex

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 6706-1

Home Details

Home Type

Single Family

Year Built

Built in 1931

Lot Details

1.42 Acres

Listing Details

  • Directions: From East Morgan avenue turn onto Duff street travel700 feet home on right sign in yard
  • Prop. Type: Residential
  • Year Built: 1931
  • Property Sub Type: Single Family Residence
  • Reso Association Amenities: Landscaping
  • ResoSpecialListingConditions: In Foreclosure
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: Yes
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Elk Knob
  • General Property Description Middle School2: Pennington
  • General Property Description High School3: Lee Co
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 1 Lot
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1104.0
  • General Property Description Above Grade SqFt: 1104.0
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 6706-1
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • Roof Composition: Yes
  • TopographyLot Description Sloped: Yes
  • Other Rooms Laundry: Yes
  • Roof Metal3: Yes
  • Flooring Vinyl: Yes
  • Property Condition Average: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: 1028

Interior Features

  • Has Basement: Dirt Floor, Exterior Entry
  • Flooring: Hardwood, Vinyl
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • General Property Description Baths - Full: 1
  • Basement:Exterior Entry: Yes
  • Basement:Dirt Floor: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Composition, Metal
  • Topography: Sloped
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Brick, Vinyl Siding
  • Exterior Finish Brick4: Yes
  • Exterior Finish Vinyl Siding: Yes
  • Exterior Finish Aluminum Siding: Yes

Garage/Parking

  • Parking Features: Gravel
  • Attached Garage: No
  • Parking Features:Gravel: Yes

Utilities

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

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • AmenitiesLandscaping: Yes

Schools

  • Elementary School: Elk Knob
  • High School: Lee Co
  • Middle Or Junior School: Pennington

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 1 Lot
  • Parcel #: 6706-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2018
Closed on
Apr 1, 2019
Sold by
Powell Valley Service Corporation
Bought by
Pease Thomas Allen and Pease Karen Denise
Seller's Agent
Chris Ward
Century 21 Bennett & Edwards
Buyer's Agent
KAREN FRANKS
Century 21 Bennett & Edwards
List Price
$48,333
Sold Price
$30,000
Premium/Discount to List
-$18,333
-37.93%
Current Estimated Value
$106,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,524
Avg. Annual Appreciation
20.22%
Original Mortgage
$40,000
Outstanding Balance
$35,095
Interest Rate
4.3%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$71,429
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Pease Thomas Allen $30,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pease Thomas Allen $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2019 04/01/19 Sold $30,000 -37.9% $27 / Sq Ft
03/11/2019 03/11/19 Pending -- -- --
03/16/2018 03/16/18 For Sale $48,333 -- $44 / Sq Ft
Source: Tennessee/Virginia Regional MLS

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 $397 $57,500 $22,500 $35,000
2024 $292 $39,500 $22,000 $17,500
2023 $244 $39,500 $22,000 $17,500
2022 $244 $39,500 $22,000 $17,500
2021 $244 $39,500 $22,000 $17,500
2020 $244 $81,700 $22,000 $59,700
2019 $244 $39,500 $22,000 $17,500
2018 $244 $39,500 $22,000 $17,500
2017 $244 $39,500 $22,000 $17,500
2016 $244 $39,500 $22,000 $17,500
2015 -- $37,700 $22,000 $15,700
2013 -- $37,700 $22,000 $15,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 403949

Tennessee/Virginia Regional MLS

APN: 23E-(8)-17

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