NOT LISTED FOR SALE

308 Lamont St Unit all Johnson City, TN 37604

Mountain Home Neighborhood

Estimated Value: $284,000

-- Bed
7 Baths
-- Sq Ft
50 Acres

Last Sold July 24, 2018

Last sale price $155,000

Est. 83% increase in value since last sale

Current estimated payment $1,693/month

53 Days on Market

Highlights

  • Wood Siding
  • South Side Elementary School Rated A
  • No Heating

About This Home

As of July 2018

Great investment opportunity within walking distance to ETSU! 7 units total. Surrounding homes have been beautifully renovated. Great time to remodel and get higher rent, produce even more cash flow. Fantastic location close to everything! Renovations have already begun, brand new 20k roof, and one unit is currently being updated. Great price! Under 25k a unit. Don't miss out! Please do not disturb tenants. Call listing agent for more information.

Last Agent to Sell the Property

PATRICK WATKINS

KW Johnson City License #334189 Listed on: 05/18/2018

Last Buyer's Agent

PATRICK WATKINS

KW Johnson City License #334189 Listed on: 05/18/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,747

Year Built

  • Built in 1935

Lot Details

  • 50

Home Design

  • Wood Siding

Schools

  • South Side Elementary School
  • Indian Trail Middle School
  • Science Hill High School

Utilities

  • No Cooling
  • No Heating

Additional Features

  • 2-Story Property
  • Lot Dimensions are 50 x 145

Listing and Financial Details

  • Assessor Parcel Number 054C F 018.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,747

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Directions: From McDonalds across from ETSU, take Tennessee St. to top of the hill. Go right on Lamont St., house is a few blocks on left.
  • Prop. Type: Residential Income
  • Year Built: 1935
  • Property Sub Type: Multi-Family
  • Unit Levels: Two
  • Location Tax Legal Info Parcel ID: 054C F 018.00
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Zoning2: R 2C
  • General Property Description Elementary School3: South Side
  • General Property Description Middle School2: Indian Trail
  • General Property Description High School3: Science Hill
  • General Property Description Lot Dimensions: 50 X 145
  • General Property Description Stories2: 2
  • General Property Description # Buildings: 1
  • Levels:Two: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Wood Siding
  • Exterior Finish Wood Siding: Yes

Utilities

  • Cooling: None
  • Cooling Y N: No

Schools

  • Elementary School: South Side
  • High School: Science Hill
  • Middle Or Junior School: Indian Trail

Lot Info

  • Zoning: R 2C
  • Lot Dimensions: 50 X 145
  • Parcel #: 054C F 018.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2020
Sold by
Goff Lisa Ann and Goff Benjamin Glen
Bought by
Brown Walter David
Current Estimated Value
$284,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Listed on
May 18, 2018
Closed on
Jul 24, 2018
Sold by
Martin Becky I
Bought by
Goff Lisa Ann and Goff Benjamin Glen
Seller's Agent
PATRICK WATKINS
KW Johnson City
Buyer's Agent
PATRICK WATKINS
KW Johnson City
List Price
$169,000
Sold Price
$155,000
Premium/Discount to List
-$14,000
-8.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.08%
Original Mortgage
$139,500
Interest Rate
4.6%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 29, 2007
Sold by
Diamond Jeffrey S
Bought by
Martin Winston T

Purchase Details

Closed on
Feb 28, 2006
Sold by
Chantry Richard A
Bought by
Diamond Jeffrey S

Purchase Details

Closed on
May 20, 2004
Sold by
Lane Lorraine
Bought by
Chantry Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.88%
Mortgage Type
Commercial

Purchase Details

Closed on
May 14, 2004
Sold by
Lane Lorraine
Bought by
Chantry Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 14, 1992
Bought by
Lane Lorraine
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
Brown Walter David $145,000 None Available
Goff Lisa Ann $155,000 None Available
Martin Winston T $170,000 --
Diamond Jeffrey S $127,000 --
Chantry Richard A $90,000 --
Chantry Richard A $90,000 --
Lane Lorraine $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Walter David $500,000
Closed Brown Walter David $332,000
Closed Brown Walter David $332,000
Previous Owner Goff Lisa Ann $139,500
Previous Owner Lane Lorraine $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2018 07/24/18 Sold $155,000 -8.3% --
07/11/2018 07/11/18 Pending -- -- --
05/18/2018 05/18/18 For Sale $169,000 -- --
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 $1,747 $102,160 $7,440 $94,720
2022 $2,496 $64,320 $6,920 $57,400
2021 $2,496 $64,320 $6,920 $57,400
2020 $2,483 $64,320 $6,920 $57,400
2019 $1,598 $64,320 $6,920 $57,400
2018 $2,867 $67,160 $3,280 $63,880
2017 $2,867 $67,160 $3,280 $63,880
2016 $2,854 $67,160 $3,280 $63,880
2015 $2,586 $67,160 $3,280 $63,880
2014 $2,418 $67,160 $3,280 $63,880
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2018

    PATRICK WATKINS

    KW Johnson City

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 407096

Tennessee/Virginia Regional MLS

APN: 054C-F-018.00

Tennessee Washington County Johnson City 37604 Mountain Home

308 Lamont St Unit all, Johnson City, TN

This home is located at 308 Lamont St Unit all, Johnson City, TN 37604 since 18 May 2018 and is currently estimated at $284,000. This property was built in 1935. 308 Lamont St Unit all is a home located in Washington County with nearby schools including South Side Elementary School, Liberty Bell Middle School, and Indian Trail Middle School.

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