NOT LISTED FOR SALE

308 Lamont St Johnson City, TN 37604

Mountain Home Neighborhood

Estimated Value: $284,000

-- Bed
7 Baths
-- Sq Ft
50 Acres

Last Sold January 02, 2020

Last sale price $145,000

Est. 96% increase in value since last sale

Current estimated payment $1,693/month

342 Days on Market

Highlights

  • Window Unit Cooling System
  • Level Lot
  • Heating Available
  • South Side Elementary School Rated A

About This Home

As of January 2020

Fantastic investment opportunity within walking distance to ETSU! All exterior work has been completed. New 20k roof, brand new siding, gutters, beautiful new windows! 6 units total with a rental potential after completion around 4k a month. Tons of wonderful character left in this 1935 beauty, just waiting to be finished the way you choose. So much potential here, could be converted back into a single family home or just convert the main and top level into one living space. You could have two rental units with entrances from back road. Rent downstairs and live in the main levels, or just keep it as 5 single units... So many options! In this convenient location, it won't last long! Call today to schedule a showing!

Last Agent to Sell the Property

PATRICK WATKINS

KW Johnson City License #334189 Listed on: 11/18/2018

Last Buyer's Agent

WILLIAM HUNTER

KW Johnson City License #343361

KW Johnson City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,747

Year Built

  • Built in 1935

Lot Details

  • Lot Dimensions are 50 x 145
  • Level Lot

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property

Schools

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

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Cable TV Available

Community Details

  • 6 Units
  • Johnson City Land Subdivision

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
  • Subdivision Name: Johnson City Land
  • 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
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 50 X 145
  • TopographyLot Description Level2: Yes
  • Roof Shingle: Yes
  • General Property Description Stories2: 2
  • Utilities Cable Available: Yes
  • Excluded From Sale A C Window Units: Yes
  • General Property Description # Buildings: 1
  • General Property Description Total Units: 6
  • Levels:Two: Yes
  • Special Features: None

Exterior Features

  • Roof: Shingle
  • Lot Features: Level
  • Exterior Features: Sidewalk
  • Construction Type: Vinyl Siding
  • Exterior Finish Vinyl Siding: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Water Source: Public

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

Listed on
Nov 18, 2018
Closed on
Jan 3, 2020
Sold by
Goff Lisa Ann and Goff Benjamin Glen
Bought by
Brown Walter David
Seller's Agent
PATRICK WATKINS
KW Johnson City
Buyer's Agent
WILLIAM HUNTER
KW Johnson City
List Price
$255,000
Sold Price
$145,000
Premium/Discount to List
-$110,000
-43.14%
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.
Estimated Appreciation
$139,000
Avg. Annual Appreciation
14.16%
Original Mortgage
$332,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 24, 2018
Sold by
Martin Becky I
Bought by
Goff Lisa Ann and Goff Benjamin Glen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
01/02/2020 01/02/20 Sold $145,000 -43.1% --
10/27/2019 10/27/19 Pending -- -- --
11/18/2018 11/18/18 For Sale $255,000 -- --
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 2020

    PATRICK WATKINS

    KW Johnson City

  • W

    Buyer's Agent in 2020

    WILLIAM HUNTER

    KW Johnson City

    (814) 594-2762

    92 Total Sales

    WILLIAM HUNTER
    Section Image
See All Agents

Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 415052

Tennessee/Virginia Regional MLS

APN: 054C-F-018.00

Tennessee Washington County Johnson City 37604 Mountain Home

308 Lamont St, Johnson City, TN

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

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Tennessee/Virginia Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to the firm whose website is being visited
Listing information is deemed reliable, but not guaranteed.

Nearby Homes