NOT LISTED FOR SALE

271 Ramey Rd Bristol, TN 37620

Estimated Value: $296,000 - $330,459

4 Beds
3 Baths
2,200 Sq Ft
$140/Sq Ft Est. Value

Last Sold August 16, 2021

Last sale price $225,000 $102 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,791/month

1 Day on Market

Highlights

  • Front Porch
  • Cooling Available
  • 1-Story Property
  • 2 Car Attached Garage
  • Patio
  • Lot Has A Rolling Slope

About This Home

As of August 2021

Looking for a profitable investment in the heart of Bristol? This Duplex has it all. Equipped with 2 units, and the possibility of generating a lucrative return- this property is situated just seconds away from everything in the TriCities, while also being within walking distance to our local parks, and hiking trails as well. Total of 4 bedrooms, 3 full bathrooms, and a breathtaking amount of potential that is truly insurmountable in comparison to other homes on the market! Gross rent is estimated at $2195- you could let the investment cash flow you a few hundred dollars a month or even ''house hack'' it by living in one of the units while renting the other one out to cover your mortgage plus some! With the casino moving into town just down the road, this property could be an incredible AirBnb or even a mix of both long term and short term tenants! Properties like this rarely come up for sale, and to have the ability to basically live for free in a location that is only growing is truly unheard of. Call today before it's too late to schedule your showing! OWNER/AGENT. All information contained herein is collected from third party sources and is believed to be accurate but is also subject to buyer or buyers agent verification.

Last Agent to Sell the Property

Garrett Addington

The Addington Agency Bristol License #337697 Listed on: 07/30/2021

Last Buyer's Agent

Patrick Watkins

Watkins Home Team License #334189

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,311

Year Built

  • Built in 1974

Lot Details

  • 0.51 Acre Lot
  • Lot Has A Rolling Slope
  • Property is in good condition

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,200 Sq Ft Home
  • 1-Story Property

Kitchen

  • Built-In Electric Oven
  • Dishwasher

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Patio
  • Front Porch

Schools

  • Central Middle School
  • Sullivan East High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 035m A 011.00 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,311

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Directions: From State St, take TN-126 W. Turn right onto Ramey Rd.
  • Prop. Type: Residential
  • Year Built: 1974
  • Garage Garage Spaces: 2
  • Property Sub Type: Single Family Residence
  • Architectural Style: Duplex
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.51
  • General Property Description Zoning2: Residential
  • General Property Description Middle School2: Central
  • General Property Description High School3: Sullivan East
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • General Property Description Lot Dimensions: 111.37 X 191 IRR
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 2200.0
  • General Property Description Above Grade SqFt: 2200.0
  • Appliances Refrigerators: Yes
  • General Property Description Parcel ID2: 035m A 011.00 000
  • Roof Shingle: Yes
  • AC Heat Pump3: Yes
  • TopographyLot Description Rolling Slope: Yes
  • Flooring Laminate: Yes
  • Flooring Vinyl: Yes
  • Style Duplex: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Built-In Electric Oven, Dishwasher, Refrigerator
  • Flooring: Laminate, Vinyl
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Total Bedrooms: 11
  • General Property Description Baths - Full: 3
  • Appliances Dishwasher: Yes
  • Appliances:Built-In Electric Oven: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Shingle
  • Acres: 0.51
  • Topography: Rolling Slope
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Front Porch, Rear Patio
  • Exterior Finish Vinyl Siding: Yes
  • PorchPatioDeck Front Porch: Yes
  • PorchPatioDeck Rear Patio: Yes

Garage/Parking

  • Parking Features: Attached
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features:Attached: Yes

Utilities

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

Schools

  • High School: Sullivan East
  • Middle Or Junior School: Central

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 111.37 X 191 IRR
  • Lot Size Sq Ft: 22215.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 035m A 011.00 000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 3454

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2021
Closed on
Aug 16, 2021
Sold by
Powers Joseph and Addington Garrett
Bought by
Howard Diane and Howard Robert
Seller's Agent
Garrett Addington
The Addington Agency Bristol
Buyer's Agent
Patrick Watkins
Watkins Home Team
List Price
$219,900
Sold Price
$225,000
Premium/Discount to List
$5,100
2.32%
Current Estimated Value
$308,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,615
Avg. Annual Appreciation
7.85%

Purchase Details

Listed on
Jul 30, 2021
Closed on
Jul 7, 2021
Sold by
Powers Joseph
Bought by
Powers Joseph and Addington Garrett
Seller's Agent
Garrett Addington
The Addington Agency Bristol
Buyer's Agent
Patrick Watkins
Watkins Home Team
List Price
$219,900
Sold Price
$225,000
Premium/Discount to List
$5,100
2.32%

Purchase Details

Listed on
Jul 30, 2021
Closed on
Jun 25, 2021
Sold by
Yelle Ronald J and Yelle June E
Bought by
Powers Joseph
Seller's Agent
Garrett Addington
The Addington Agency Bristol
Buyer's Agent
Patrick Watkins
Watkins Home Team
List Price
$219,900
Sold Price
$225,000
Premium/Discount to List
$5,100
2.32%

Purchase Details

Closed on
Nov 13, 2018
Sold by
Yelle Ronald J and Yelle June E
Bought by
Yelle Ronald J and Yelle June E

Purchase Details

Closed on
Sep 30, 2011
Sold by
Highlands Un Bank
Bought by
Yelle Ronald J and Yelle June E

Purchase Details

Closed on
Feb 8, 2011

Purchase Details

Closed on
Jun 12, 2002
Sold by
Brown Timothy J
Bought by
Bryant Sharon K
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
Howard Diane $225,000 Evergreen Ttl & Closing Llc
Powers Joseph -- None Available
Powers Joseph $152,000 None Available
Yelle Ronald J -- None Available
Yelle Ronald J $82,000 --
-- $169,400 --
Bryant Sharon K $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bryant Paul David $158,100
Previous Owner Bryant Paul D $102,333
Previous Owner Bryant Paul D $86,250
Previous Owner Timothy Brown $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2021 08/16/21 Sold $225,000 +2.3% $102 / Sq Ft
08/01/2021 08/01/21 Pending -- -- --
07/30/2021 07/30/21 For Sale $219,900 -- $100 / 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 $1,311 $52,500 $5,500 $47,000
2023 $1,263 $52,500 $5,500 $47,000
2022 $1,263 $52,500 $5,500 $47,000
2021 $1,404 $36,475 $5,500 $30,975
2020 $1,382 $58,360 $8,800 $49,560
2019 $1,382 $53,760 $8,800 $44,960
2018 $1,371 $53,760 $8,800 $44,960
2017 $1,371 $53,760 $8,800 $44,960
2016 $1,204 $46,760 $8,800 $37,960
2014 $1,077 $46,728 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9926372

Tennessee/Virginia Regional MLS

APN: 035M-A-011.00