NOT LISTED FOR SALE

309 Academy St Erwin, TN 37650

Estimated Value: $178,000 - $218,000

3 Beds
1 Bath
1,064 Sq Ft
$187/Sq Ft Est. Value

Last Sold October 25, 2022

Last sale price $125,000 $117 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,114/month

35 Days on Market

Highlights

  • Mud Room
  • Home Office
  • Porch
  • Cottage
  • 1 Car Detached Garage
  • 1-minute walk to Veterans Memorial Park

About This Home

As of October 2022

New on the market. This updated and restored 3 bed 1 bath cottage right in the beautiful town of Erwin Tennessee with incredible mountain view that the town is so famous for. If you are searching for the small town vibe and looking for a slower pace of living then look no further. Erwin offers a lifestyle not many places can in the year 2022. The home itself sits on a mostly level lot with all city utilities currently on site. The home offers a virtually brand new HVAC system and also a newer roof. The interior of the home offers a large kitchen and open floor plan that is perfect for families of all sizes and all living quarters on the same level. The lower level of the home boasts a large covered patio perfect for weekend cookouts and warm summer evenings watching the sun set over small town America as well as an unfinished basement that is virtually a blank canvas and offers a ton of potential to its next owner. Also found on the property is a detached garage that offers great additional storage. Homes like this one with this much to offer rarely hit the market and do not last long. This is the opportunity you've been waiting for.

Last Agent to Sell the Property

Skyler Cantrell

Clinch Mountain Realty & Auction Co. License #356129 Listed on: 06/21/2022

Last Buyer's Agent

Skyler Cantrell

Clinch Mountain Realty & Auction Co. License #356129 Listed on: 06/21/2022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1915

Lot Details

  • 5,227 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Cleared Lot
  • Property is in average condition
  • Property is zoned R 3

Parking

  • 1 Car Detached Garage

Home Design

  • Cottage
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 1,064 Sq Ft Home
  • 1-Story Property
  • Mud Room
  • Home Office
  • Laminate Flooring
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Basement

  • Dirt Floor
  • Block Basement Construction

Outdoor Features

  • Patio
  • Shed
  • Outbuilding
  • Porch

Schools

  • Unicoi Elementary School
  • Unicoi Co Middle School
  • Erwin High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Satellite Dish

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 031c A 031.00

Home Details

Home Type

Single Family

Year Built

Built in 1915

Lot Details

0

Parking

1

Listing Details

  • Directions: From I26 turn onto Jackson Love Hwy and turn left onto Carolina Ave. From there turn left onto Academy St and house will be located on your right. Look for sign in front.
  • Prop. Type: Residential
  • Year Built: 1915
  • Garage Garage Spaces: 1
  • Property Sub Type: Single Family Residence
  • Reso Association Amenities: Landscaping
  • Subdivision Name: Not Listed
  • Architectural Style: Cottage
  • 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: 0.12
  • General Property Description Zoning2: R 3
  • General Property Description Elementary School3: Unicoi
  • General Property Description Middle School2: Unicoi Co
  • General Property Description High School3: Erwin High School
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 50/103/50/102
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1064.0
  • General Property Description Above Grade SqFt: 1064.0
  • AC Central Air: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • General Property Description Parcel ID2: 031c A 031.00
  • Roof Shingle: Yes
  • Financing FHA: Yes
  • Other Structures Outbuilding: Yes
  • Other Structures Shed(s): Yes
  • Other Equipment Satellite Dish: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Laminate: Yes
  • Other Rooms Laundry: Yes
  • Foundation Block6: Yes
  • TopographyLot Description Cleared: Yes
  • Property Condition Average: Yes
  • Basement Block4: Yes
  • Levels One: Yes
  • Rooms:Office2: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Other Equipment: Satellite Dish
  • Appliances: Microwave, Refrigerator
  • Has Basement: Block, Concrete, Dirt Floor
  • Flooring: Laminate
  • Interior Amenities: See Remarks
  • Window Features: Single Pane Windows
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • General Property Description Baths - Full: 1
  • Basement:Concrete3: Yes
  • Basement:Dirt Floor: Yes
  • Other Rooms:Mud Room: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Shingle
  • Other Structures: Outbuilding, Shed(s)
  • Acres: 0.12
  • Topography: Cleared, Level
  • Home Warranty: No
  • Construction Type: See Remarks
  • Foundation Details: Block
  • Patio And Porch Features: Patio, Porch
  • PorchPatioDeck Porch: Yes
  • Window Features:Single Pane Windows: Yes
  • PorchPatioDeck Patio: Yes

Garage/Parking

  • Parking Features: Detached
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Detached: Yes

Utilities

  • Heating: Central, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • AmenitiesLandscaping: Yes

Schools

  • Elementary School: Unicoi
  • High School: Erwin High School
  • Middle Or Junior School: Unicoi Co

Lot Info

  • Zoning: R 3
  • Lot Dimensions: 50/103/50/102
  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 031c A 031.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2022
Sold by
Dillingham and Jessica
Bought by
Faverio Alessia Marie and Thacker Cameron James
Current Estimated Value
$199,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,950
Outstanding Balance
$124,855
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$74,442

Purchase Details

Listed on
Jan 21, 2020
Closed on
Mar 9, 2020
Sold by
Martin Mcinturff J and Martin Robert Allen
Bought by
Dillingham Dane and Dillingham Jessica
Seller's Agent
Alan McInturff
The Brokers Realty & Auction
Buyer's Agent
ELENA CROW
KW Johnson City
List Price
$127,900
Sold Price
$125,000
Premium/Discount to List
-$2,900
-2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.36%
Original Mortgage
$128,282
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2011
Sold by
Martin Robert Allen
Bought by
Martin Robert Allen and Martin Alan Mcinturff

Purchase Details

Closed on
Aug 24, 2007
Sold by
Nanney Clara Sue
Bought by
Martin Robert Allen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Faverio Alessia Marie $135,000 None Listed On Document
Dillingham Dane $125,000 Classic Title Ins Co Inc
Martin Robert Allen $28,000 --
Martin Robert Allen $59,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faverio Alessia Marie $130,950
Previous Owner Dillingham Dane $128,282
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2022 10/25/22 Sold $125,000 -21.9% $117 / Sq Ft
07/27/2022 07/27/22 Pending -- -- --
06/21/2022 06/21/22 For Sale $160,000 +28.0% $150 / Sq Ft
03/09/2020 03/09/20 Sold $125,000 -2.3% $93 / Sq Ft View Prior Sale
01/31/2020 01/31/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $127,900 -- $95 / 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
2025 $841 $32,225 $3,200 $29,025
2024 $841 $32,225 $3,200 $29,025
2023 $841 $32,225 $0 $0
2022 $1,257 $32,225 $3,200 $29,025
2021 $742 $15,725 $2,125 $13,600
2020 $715 $15,725 $2,125 $13,600
2019 $715 $15,725 $2,125 $13,600
2018 $652 $15,725 $2,125 $13,600
2017 $650 $15,725 $2,125 $13,600
2016 $714 $17,425 $2,125 $15,300
2015 $656 $17,425 $0 $0
2014 $656 $17,425 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9939635

Tennessee/Virginia Regional MLS

APN: 031C-A-03100-000