2721 E Oakland Ave Johnson City, TN 37601
3.46
Acres
$115,318
Price per Acre
150,718
Sq Ft Lot
Highlights
- Mountain View
- No HOA
- Level Lot
- Fairmont Elementary School Rated A
About This Lot
As of October 2024Prime Development opportunity with 250' Road Frontage. Zoned RO-1 (HIGH DENSITY RESIDENTIAL-PROFESSIONAL OFFICE DISTRICT) which provides tremendous flexibility and is currently tied to a concept plan featuring a 10,000 soft office building and 20 residential condos/apartments. Convenient location and land has been cleared. Offers Great mountain views and Flexibility! Buyer/Buyer's agent to verify all MLS info.
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,028
Year Built
- 1950
Lot Details
- 3.46 Acre Lot
- Level Lot
- Cleared Lot
- Property is in good condition
- Property is zoned RO-1
Property Views
- Mountain Views
Schools
- Fairmont Elementary School
- Indian Trail Middle School
- Science Hill High School
Utilities
- Underground Utilities
- Cable TV Available
Community Details
- No Home Owners Association
- Not Listed Subdivision
Listing and Financial Details
- Assessor Parcel Number 038b B 032.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 29, 2024
Closed on
Oct 31, 2024
Sold by
Mcbride Raymond Lee
Bought by
Dg Holdings Llc
Seller's Agent
Greg Cox
BERKSHIRE HATHAWAY GREG COX REAL ESTATE
Buyer's Agent
Greg Cox
BERKSHIRE HATHAWAY GREG COX REAL ESTATE
List Price
$499,000
Sold Price
$399,000
Premium/Discount to List
-$100,000
-20.04%
Total Days on Market
69
Views
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,384
Avg. Annual Appreciation
-4.87%
Original Mortgage
$1,673,022
Outstanding Balance
$1,547,246
Interest Rate
6.78%
Mortgage Type
Construction
Estimated Equity
-$1,159,630
Purchase Details
Listed on
Oct 24, 2019
Closed on
Oct 24, 2019
Sold by
Kb Toska Llc
Bought by
Mcbride Raymond Lee
Seller's Agent
Jay Goodson
REMAX CHECKMATE, INC. REALTORS
Buyer's Agent
Greg Cox
BERKSHIRE HATHAWAY GREG COX REAL ESTATE
List Price
$260,000
Sold Price
$260,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.91%
Original Mortgage
$208,000
Interest Rate
3.5%
Mortgage Type
Construction
Purchase Details
Closed on
Jun 27, 2016
Sold by
Ayeb Abdelbassett
Bought by
Ayeb Abdelbassett
Purchase Details
Closed on
Sep 8, 2015
Sold by
Shipley Jackie
Bought by
Ayeb Abdelbassett
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
3.97%
Mortgage Type
New Conventional
Similar Properties in Johnson City, TN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $399,000 | None Listed On Document | |
| Warranty Deed | $399,000 | None Listed On Document | |
| Warranty Deed | $260,000 | Tri City Title Company Inc | |
| Quit Claim Deed | -- | Tri City Title Company Inc | |
| Warranty Deed | $53,000 | -- | |
| Warranty Deed | $155,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,673,022 | Construction | |
| Previous Owner | $615,000 | New Conventional | |
| Previous Owner | $208,000 | Construction | |
| Previous Owner | $35,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/30/2024 10/30/24 | Sold | $399,000 | -20.0% | $329 / Sq Ft |
| 07/08/2024 07/08/24 | Pending | -- | -- | -- |
| 04/29/2024 04/29/24 | For Sale | $499,000 | +91.9% | $412 / Sq Ft |
| 10/24/2019 10/24/19 | Sold | $260,000 | 0.0% | $215 / Sq Ft |
| 10/24/2019 10/24/19 | Pending | -- | -- | -- |
| 10/24/2019 10/24/19 | For Sale | $260,000 | -- | $215 / Sq Ft |
Source: Tennessee/Virginia Regional MLS
Tax History Compared to Growth
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 | $1,028 | $120,150 | $120,150 | -- |
| 2023 | $2,481 | $115,400 | $0 | $0 |
| 2022 | $4,477 | $115,400 | $115,400 | $0 |
| 2021 | $4,478 | $115,400 | $115,400 | $0 |
| 2020 | $4,802 | $124,400 | $115,400 | $9,000 |
| 2019 | $2,792 | $124,400 | $115,400 | $9,000 |
| 2018 | $5,009 | $117,300 | $109,900 | $7,400 |
| 2017 | $5,009 | $117,300 | $109,900 | $7,400 |
| 2016 | $2,244 | $117,300 | $109,900 | $7,400 |
| 2015 | $1,868 | $52,800 | $45,400 | $7,400 |
| 2014 | $1,868 | $51,900 | $44,500 | $7,400 |
Source: Public Records
Agents Affiliated with this Home
-
Greg Cox
G
Seller's Agent in 2024
Greg Cox
BERKSHIRE HATHAWAY GREG COX REAL ESTATE
(423) 791-3331
178 Total Sales
-
Jay Goodson
Seller's Agent in 2019
Jay Goodson
RE/MAX
(423) 612-3035
45 Total Sales
Map
Source: Tennessee/Virginia Regional MLS
MLS Number: 9965140
APN: 038B-B-032.00
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