NOT LISTED FOR SALE

262 Old Island Trail Kingsport, TN 37664

Estimated Value: $497,000 - $714,000

0.29 Acre
$2,023,386 Price per Acre
12,632 Sq Ft Lot

Last Sold June 10, 2016

Last sale price $48,900

Est. 1,100% increase in value since last sale

Current estimated payment $3,504/month

63 Days on Market

Highlights

  • Golf Course View
  • Thomas Jefferson Elementary School Rated A-
  • Level Lot

About This Lot

As of June 2016

MOVING TO KINGSPORT? Consider the Old Island neighborhood, centrally located to all cities and conveniences. Gorgeous rolling mountain views in an established neighborhood overlooking the groomed greens of Crockett Ridge Golf Course heaven! Old Island is a mature neighborhood in the award-winning Kingsport City School District. Got 12 minutes? You can go to the Pavilion shopping center on Stone Drive or the brand new Pinnacle shopping campus, which features all the new retailers, restaurants and entertainment in the region. Need to catch a flight? TriCities Airport is only 12 minutes away. Bristol and Kingsport Medical Centers are a 12- minute drive. Work in Johnson City, Bristol or Kingsport? A short 20- minute drive gets you there on time. Convenience is only part of the of the Old Island charm. The landscaped, park-like entrance welcomes you when you come home to your prestige home, built by our local builder and craftsmen. Over 60 homes have already been built. They are home to Kingsports newest families or locals who have upgraded their lifestyle needs. Stay fit and healthy with over a mile of sidewalks for that daily walk or perhaps a round of golf. Old Island has a few choice building lots available- all with fabulous views and settings. Homes currently under construction range from $350,000 to $600,000. Available lots range from 1/4 acre to over 5 acres, allowing you to select your own lot and plan. Our builder can provide a custom package to fit your lifestyle. Our builder will consider your current home to trade so you avoid the challenge, time and expense of selling your home before you can buy in beautiful Old Island. We offer the most convenient neighborhood in the area, making it easy to change your lifestyle, move to Kingsport, and live in the luxury neighborhood of your dreams. Visit Old Island today and see for yourself why everyone is taking about how wonderful Old Island is and, just maybe, build your dream home!

Last Agent to Sell the Property

Amy Patterson

Conservus Homes License #246163 Listed on: 03/08/2016

Last Buyer's Agent

RON WARRICK

Conservus Homes

Property Details

Property Type

  • Land

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 65 x 185
  • Level Lot
  • Property is zoned RS

HOA Fees

  • $34 Monthly HOA Fees

Schools

  • Jefferson Elementary School
  • Robinson Middle School
  • Dobyns Bennett High School

Additional Features

  • Golf Course Views
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 007.00

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$34 per month

Listing Details

  • Directions: Convenient to Kingsport or Bristol - located in the Indian Springs area of the City of Kingsport. From John B Dennis Hwy, take Memorial Blvd four miles to Island Road, left on Island Road for one mile to Old Island entrance on left. From Bristol, located 7 minutes from I-81, Exit 66.
  • Prop. Type: Land
  • Road Frontage Type: City Street
  • Location Tax Legal Info Parcel ID: 007.00
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.29
  • General Property Description Zoning2: RS
  • General Property Description Elementary School3: Jefferson
  • General Property Description Middle School2: Robinson
  • General Property Description High School3: Dobyns Bennett
  • Lot Features Level3: Yes
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • Utilities Electricity Available: Yes
  • General Property Description HOA Fee: 34.0
  • Lot Features Sloped2: Yes
  • Utilities Underground Utilities: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Level, Sloped
  • View: Golf Course
  • Acres: 0.29
  • Lot FeaturesView:Golf Course: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 34.0
  • Association: Yes

Schools

  • Elementary School: Jefferson
  • High School: Dobyns Bennett
  • Middle Or Junior School: Robinson

Lot Info

  • Zoning: RS
  • Lot Dimensions: 65 x 185
  • Lot Size Sq Ft: 12632.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 007.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2016
Closed on
Jun 10, 2016
Sold by
Lifestyle Development Co Llc
Bought by
Stavrakoglou Peter A and Stavrakoglou Maureen P
Seller's Agent
Amy Patterson
Conservus Homes
Buyer's Agent
RON WARRICK
Conservus Homes
List Price
$44,900
Sold Price
$48,900
Premium/Discount to List
$4,000
8.91%
Current Estimated Value
$586,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$537,882
Avg. Annual Appreciation
30.29%

Purchase Details

Closed on
Mar 31, 2010
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
Stavrakoglou Peter A $48,900 --
-- $951,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2016 06/10/16 Sold $48,900 +8.9% --
05/11/2016 05/11/16 Pending -- -- --
03/08/2016 03/08/16 For Sale $44,900 -- --
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 -- $104,575 $11,850 $92,725
2023 $4,606 $104,575 $11,850 $92,725
2022 $4,606 $104,575 $11,850 $92,725
2021 $4,480 $104,575 $11,850 $92,725
2020 $2,500 $104,575 $11,850 $92,725
2019 $4,508 $97,275 $11,125 $86,150
2018 $2,456 $97,275 $11,125 $86,150
2017 $504 $11,125 $11,125 $0
2016 $518 $11,150 $11,150 $0
2014 $488 $11,148 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 373794

Tennessee/Virginia Regional MLS

APN: 032M-B-007.00