NOT LISTED FOR SALE

246 Stevenson Hill Rd Kingsport, TN 37663

Estimated Value: $764,579

62.8 Acres
$12,175 Price per Acre
2,735,568 Sq Ft Lot

Last Sold February 24, 2023

Last sale price $630,000

Est. 21% increase in value since last sale

Current estimated payment $4,108/month

36 Days on Market

Highlights

  • 62.8 Acre Lot
  • Farm
  • Wooded Lot
  • Creek or Stream View
  • Secluded Lot
  • Shed

About This Lot

As of February 2023

How can one piece of property have everything? It can when it is 63 acres in the beautiful Mountains of East Tennessee featuring rolling fields of hay, hilltop views, a gentle stream flowing through, is surrounded by beautiful woods and is full of nature. This unique find is located very conveniently to Tri-Cities Airport, nestled in between Bristol (The Birthplace of Country Music and home to the Bristol Casino/Future Hard Rock Casino) and Kingsport, TN. Easily accessible to all the happenings in the Tri-cities area. The current sellers have added a gravel entrance, water tap at the property entrance, and a gate at one of the entrances. Public utilities are at the street (would require a septic system). Located in the Green belt. This is one you don't want to let get by you. As lovely as the photos are, it is more beautiful in person!
Information is deemed reliable. Buyer and Buyer Agent to verify all information.

Last Agent to Sell the Property

Denise Myers

Hurd Realty, LLC License #358632 Listed on: 12/17/2022

Last Buyer's Agent

Brian Hullette

Conservus Homes License #280990

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $652

Lot Details

  • 62.8 Acre Lot
  • Secluded Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is in good condition
  • Property is zoned A1

Schools

  • Holston Elementary School
  • Central Middle School
  • West Ridge High School

Additional Features

  • Creek or Stream Views
  • Farm
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 107 034.01
  • Tax Block 1

Community Details

Overview

  • Greenbelt

Recreation

  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$652

Lot Details

0

Listing Details

  • Directions: I-81 to exit 63 toward the airport. Exit onto Highway 75 toward Gray. Turn right on Stevenson Hill Road, Property is located on the right 0.3 of a mile. Look for the Red Gate. There is no listing sign. You can access the other fields from the entrance near the house before the red gate.
  • Prop. Type: Land
  • Road Surface Type: Paved
  • Road Frontage Type: 2 Lane Road
  • Subdivision Name: Not In Subdivision
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 107 034.01
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 62.8
  • General Property Description Zoning2: A1
  • General Property Description Elementary School3: Holston
  • General Property Description Middle School2: Central
  • General Property Description High School3: West Ridge
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • General Property Description Home Warranty: No
  • Other Structures Shed(s): Yes
  • Location Tax Legal Info Block: 1
  • Utilities Electricity Available: Yes
  • View CreekStream: Yes
  • Water At Road2: Yes
  • Lot Features Rolling Slope2: Yes
  • Land Type Farm: Yes
  • Lot Features Sloped2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Property Condition: Above Average
  • Lot Features: Greenbelt, Rolling Slope, Secluded, Sloped, Wooded, See Remarks
  • Other Structures: Shed(s)
  • View: Creek/Stream
  • Acres: 62.8
  • Home Warranty: No
  • Lot Features:Wooded2: Yes
  • Lot Features:Greenbelt: Yes
  • Lot Features:Secluded: Yes

Utilities

  • Sewer: Septic Tank, See Remarks
  • Utilities: Electricity Available
  • Water Source: At Road, Public
  • Sewer Septic Tank: Yes

Schools

  • Elementary School: Holston
  • High School: West Ridge
  • Middle Or Junior School: Central

Lot Info

  • Zoning: A1
  • Lot Dimensions: 62.8 ac
  • Lot Size Sq Ft: 2735568.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 107 034.01
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2022
Closed on
Feb 24, 2023
Sold by
Marshall Wendy D and Marshall Timothy M
Bought by
Murphy James P and Murphy Charlene
Seller's Agent
Denise Myers
Hurd Realty, LLC
Buyer's Agent
Brian Hullette
Conservus Homes
List Price
$670,000
Sold Price
$630,000
Premium/Discount to List
-$40,000
-5.97%
Current Estimated Value
$764,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,579
Avg. Annual Appreciation
6.56%
Original Mortgage
$488,750
Outstanding Balance
$303,652
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$439,074

Purchase Details

Listed on
Aug 19, 2022
Closed on
Sep 13, 2022
Sold by
Martha Ann Duncan Smith Living Trust
Bought by
Marshall Wendy D and Marshall Timothy M
Seller's Agent
Colette George
Blue Ridge Properties
Buyer's Agent
Denise Myers
Hurd Realty, LLC
List Price
$550,000
Sold Price
$540,000
Premium/Discount to List
-$10,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.85%
Original Mortgage
$432,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 1998
Sold by
Duncan Smith Martha Ann
Bought by
Mike Baugess

Purchase Details

Closed on
Mar 3, 1995
Sold by
Duncan Smith Martha Ann
Bought by
Philip Henry
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Murphy James P $630,000 Mumpower Title
Marshall Wendy D $540,000 --
Mike Baugess $23,400 --
Philip Henry $1,020 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy James P $488,750
Previous Owner Marshall Wendy D $432,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $630,000 -6.0% --
01/23/2023 01/23/23 Pending -- -- --
12/17/2022 12/17/22 For Sale $670,000 +24.1% --
09/13/2022 09/13/22 Sold $540,000 0.0% --
09/13/2022 09/13/22 Off Market $540,000 -- --
08/20/2022 08/20/22 Pending -- -- --
08/19/2022 08/19/22 For Sale $550,000 -- --
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 $652 $26,100 $24,950 $1,150
2023 $628 $82,700 $81,550 $1,150
2022 $628 $26,100 $24,950 $1,150
2021 $628 $26,100 $24,950 $1,150
2020 $629 $26,100 $24,950 $1,150
2019 $629 $24,475 $22,525 $1,950
2018 $624 $24,475 $22,525 $1,950
2017 $624 $24,475 $22,525 $1,950
2016 $518 $20,100 $18,200 $1,900
2014 -- $20,116 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9946586

Tennessee/Virginia Regional MLS

APN: 107-034.01