NOT LISTED FOR SALE

264 Island Rd Kingsport, TN 37664

Estimated Value: $556,000 - $764,000

3 Beds
2.5 Baths
2,795 Sq Ft
$241/Sq Ft Est. Value

Last Sold February 27, 2020

Last sale price $390,000 $140 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,770/month

73 Days on Market

Highlights

  • Barn
  • In Ground Pool
  • Wood Flooring
  • Stables
  • Open Floorplan
  • Main Floor Primary Bedroom

About This Home

As of February 2020

This pretty log home is built with Western Red Cedar on 10.91 acres with a 4-stall horse barn, fenced pasture, a creek, pretty in-ground swimming pool, and hot tub. It has 3 bedrooms and 2.5 baths. There are 2 bedrooms upstairs with a bathroom with double vanity, tub shower and linen closet. Downstairs is the master and the living room and kitchen. The living room has a large stone fireplace with gas logs. The floors throughout are hardwood, except for the kitchen which is tile. There is a powder room off the tiled hall leading from the garage to the kitchen. The laundry area is right next to that. The open concept dream kitchen has quartz countertops, gas stove, dishwasher, soft-close cabinets, island with sink, and a nice bay window with mountain views. There are exposed beams throughout with some intricate detailing. All of the windows are insulated, tilt-outs. The 4-stall barn has a tack room, concrete floors, wood and powder coated steel stall doors and a large sliding entrance door. There is a loading area in the back and pasture all around. The partial wrap-around porch is perfect for relaxing in your rocking chairs and enjoying the mountain views. The back of the house is as pretty as the front with the in-ground pool and hot tub. This property is eligible for 100% USDA financing. Plus, it is in the county so no city taxes. Buyer/Buyers agent to verify all information.

Last Agent to Sell the Property

PAMELA POPE

Park Hill Realty Group, LLC License #299672 Listed on: 11/01/2019

Last Buyer's Agent

Marsha Fandl

Town & Country Realty - Downtown License #264279

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,693

Year Built

  • Built in 2002

Lot Details

  • 10.91 Acre Lot
  • Fenced
  • Landscaped
  • Level Lot
  • Garden
  • Property is in good condition

Parking

  • 3 Car Attached Garage

Home Design

  • Log Cabin
  • Log Walls
  • Shingle Roof
  • Log Siding
  • Stone Veneer

Interior Spaces

  • 2,795 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Washer and Electric Dryer Hookup

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Finished Basement

  • Walk-Out Basement
  • Garage Access
  • Workshop

Outdoor Features

  • In Ground Pool
  • Wrap Around Porch

Schools

  • Indian Springs Elementary School
  • Central Middle School
  • West Ridge High School

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Stables

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 048 076.00

Community Details

Overview

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

Recreation

  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,693

Year Built

Built in 2002

Lot Details

0

Parking

3

Listing Details

  • Directions: From I-81, take Exit 66 toward Kingsport. Turn RIGHT on Island Road (near Cherry Point Animal Hospital). Travel .3 mile and turn RIGHT on concrete driveway with board fences.
  • Prop. Type: Residential
  • Year Built: 2002
  • Garage Garage Spaces: 3
  • Property Sub Type: Single Family Residence
  • Reso Association Amenities: Landscaping, Spa/Hot Tub
  • ResoSpecialListingConditions: In Foreclosure
  • Architectural Style: Log
  • Unit Levels: Two
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: Yes
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 10.91
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Indian Springs
  • General Property Description Middle School2: Central
  • General Property Description High School3: West Ridge
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • General Property Description Lot Dimensions: 10.91 acres
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 2795.0
  • AC Central Air: Yes
  • Appliances Microwave: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • Flooring Tile2: Yes
  • General Property Description Parcel ID2: 048 076.00
  • Roof Shingle: Yes
  • AC Heat Pump3: Yes
  • Pool Features In Ground: Yes
  • Financing FHA: Yes
  • General Property Description Stories2: 2
  • Interior Features KitchenDining Combo: Yes
  • AC Ceiling Fan(s): Yes
  • TopographyLot Description Pasture2: Yes
  • TopographyLot Description Rolling Slope: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Other Structures Barn(s): Yes
  • Fencing Pasture3: Yes
  • Basement Garage Door: Yes
  • Walls Log4: Yes
  • Heating Propane3: Yes
  • Basement Workshop2: Yes
  • Other Structures Stable(s): Yes
  • Style Log3: Yes
  • Levels:Two: Yes
  • Structure Type:House: Yes
  • Special Features: 1028

Interior Features

  • Appliances: Dishwasher, Gas Range, Microwave
  • Has Basement: Finished, Garage Door, Walk-Out Access, Workshop
  • Flooring: Hardwood, Tile
  • Interior Amenities: Primary Downstairs, Kitchen Island, Kitchen/Dining Combo, Open Floorplan, Solid Surface Counters
  • Window Features: Insulated Windows
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 522.0
  • Fireplace Features: Gas Log, Living Room
  • General Property Description Baths - Full: 2
  • Interior Features:Solid Surface Counters: Yes
  • Appliances Dishwasher: Yes
  • General Property Description Baths - 12: 1
  • Fireplace:Gas Log: Yes
  • Fireplace:Living Room: Yes
  • Basement:Walk-Out Access: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Kitchen Island: Yes
  • Basement:Basement Finished2: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Shingle
  • Other Structures: Stable(s), Barn(s)
  • Exterior Features: Garden
  • Fencing: Pasture
  • Pool Features: In Ground
  • Acres: 10.91
  • Topography: Level, Pasture, Rolling Slope
  • Home Warranty: No
  • Construction Type: Log, Stone Veneer
  • Patio And Porch Features: Covered, Front Porch, Rear Porch, Wrap Around
  • Window Features:Insulated Windows: Yes
  • Exterior Features:Garden: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Front Porch: Yes
  • Exterior Finish Stone Veneer: Yes
  • PorchPatioDeck Rear Porch: Yes
  • Exterior Finish Log2: Yes
  • PorchPatioDeck Wrap Around: Yes

Garage/Parking

  • Parking Features: Attached, Concrete, Parking Spaces
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features:Attached: Yes
  • Parking Features:Concrete2: Yes
  • Parking Features:Parking Spaces: Yes

Utilities

  • Heating: Central, Electric, Heat Pump, Propane
  • Sewer: Septic Tank
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • AmenitiesLandscaping: Yes
  • Exterior Amenities:SpaHot Tub: Yes

Schools

  • Elementary School: Indian Springs
  • High School: West Ridge
  • Middle Or Junior School: Central

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 10.91 acres
  • Lot Size Sq Ft: 475239.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 048 076.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2019
Closed on
Feb 27, 2020
Sold by
Appalachian Community Fcu
Bought by
Crawford Billy Joe and Crawford Donna L
Seller's Agent
PAMELA POPE
Park Hill Realty Group, LLC
Buyer's Agent
Marsha Fandl
Town & Country Realty - Downtown
List Price
$475,000
Sold Price
$390,000
Premium/Discount to List
-$85,000
-17.89%
Current Estimated Value
$674,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,153
Avg. Annual Appreciation
10.13%
Original Mortgage
$390,000
Outstanding Balance
$346,053
Interest Rate
3.6%
Mortgage Type
VA
Estimated Equity
$328,100

Purchase Details

Closed on
Sep 18, 2019
Sold by
Mcghee George T and Mcghee Christy G
Bought by
Appalachian Community Fcu

Purchase Details

Closed on
Aug 2, 2010
Sold by
Anthony Jennifer R
Bought by
Mcghee Christy G

Purchase Details

Closed on
Dec 1, 2006
Sold by
Don Bumgardner
Bought by
Anthony Jennifer R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,000
Interest Rate
6.29%

Purchase Details

Closed on
May 4, 2005
Sold by
Sharon Bumgardner
Bought by
Don Bumgardner

Purchase Details

Closed on
Jul 12, 2001
Sold by
Linda Burrows
Bought by
Don Bumgardner
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
Crawford Billy Joe $390,000 Reliable Title & Escrow Llc
Appalachian Community Fcu $471,043 None Available
Mcghee Christy G $433,500 --
Anthony Jennifer R $423,000 --
Don Bumgardner -- --
Don Bumgardner $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crawford Billy Joe $390,000
Previous Owner Don Bumgardner $338,000
Previous Owner Don Bumgardner $63,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2020 02/27/20 Sold $390,000 -17.9% $140 / Sq Ft
01/13/2020 01/13/20 Pending -- -- --
10/31/2019 10/31/19 For Sale $475,000 -- $170 / 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 $2,693 $107,875 $25,400 $82,475
2023 $2,596 $107,875 $25,400 $82,475
2022 $2,596 $107,875 $25,400 $82,475
2021 $2,596 $107,875 $25,400 $82,475
2020 $2,659 $107,875 $25,400 $82,475
2019 $2,659 $103,475 $21,750 $81,725
2018 $2,639 $103,475 $21,750 $81,725
2017 $2,639 $103,475 $21,750 $81,725
2016 $2,701 $104,875 $21,750 $83,125
2014 -- $104,873 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 429227

Tennessee/Virginia Regional MLS

APN: 048-076.00