Seller's Agent in 2021
Gordon Newman
Century 21 Legacy - Greeneville
(423) 335-6133
39 Total Sales
312 Arbutus Ave Kingsport, TN 37660
Estimated Value: $83,000 - $152,122
2
Beds
2
Baths
995
Sq Ft
$124/Sq Ft
Est. Value
Highlights
- Ranch Style House
- 3 Car Detached Garage
- Living Room
- Ross N. Robinson Middle School Rated A
- Cooling Available
- Dining Room
About This Home
As of March 2021This Ranch is only minutes from Kingsport - combining style, workmanship, and materials. One level with two BR.
Two bath. Great wood cabinets in kitchen and BA. Buyer/buyer's agent to verify info. FHA IE Subject to appraisal. HUD homes are sold 'As Is'. Pre 1978 properties to include LBP (lead based paint) notice. EHO. Seller may contribute up to 3% for buyer's closing costs upon buyer request. Owner is US Dept. of HUD. Seller makes no representations or warranties as to property condition. HUD case # 481-406349
Last Agent to Sell the Property
Century 21 Legacy - Greeneville License #TN# 294973 VA # 0225197251 Listed on: 03/02/2021
Last Buyer's Agent
Michelle Laughlin
Aspire Real Estate License #353150
Home Details
Home Type
- Single Family
Year Built
- Built in 1947
Lot Details
- 7,405 Sq Ft Lot
- Level Lot
- Property is in average condition
Parking
- 3 Car Detached Garage
Home Design
- Ranch Style House
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 995 Sq Ft Home
- Living Room
- Dining Room
- Crawl Space
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Schools
- Jackson Elementary School
- Sevier Middle School
- Dobyns Bennett High School
Utilities
- Cooling Available
- Heat Pump System
Community Details
- Bloomington Heights Subdivision
- FHA/VA Approved Complex
Listing and Financial Details
- Foreclosure
- Assessor Parcel Number 046c A 011.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 2, 2021
Closed on
Mar 9, 2021
Sold by
Secretary Of Housing And Urban Dev
Bought by
Shepard Justin
Seller's Agent
Gordon Newman
Century 21 Legacy - Greeneville
Buyer's Agent
Michelle Laughlin
Aspire Real Estate
List Price
$70,000
Sold Price
$50,000
Premium/Discount to List
-$20,000
-28.57%
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
$73,281
Avg. Annual Appreciation
23.98%
Original Mortgage
$37,600
Outstanding Balance
$28,821
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$101,867
Purchase Details
Closed on
May 29, 2020
Sold by
Tennessee Housing Development Agency
Bought by
Secretary Of Housing & Urban Development
Purchase Details
Closed on
Jan 8, 2020
Sold by
Childress Craig S
Bought by
Tennessee Housing Development Agency
Purchase Details
Closed on
Sep 18, 2019
Sold by
Childress Craig S
Bought by
Tennessee Housing Development Agency
Purchase Details
Listed on
May 4, 2017
Closed on
Jun 27, 2017
Sold by
Sultan Mark L and Sultan Bonnie L
Bought by
Childress Craig S
Seller's Agent
KELLY MORAN
KW Johnson City
Buyer's Agent
PATRICK WATKINS
KW Johnson City
List Price
$69,900
Sold Price
$71,900
Premium/Discount to List
$2,000
2.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%
Original Mortgage
$59,706
Interest Rate
4.62%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 17, 2006
Sold by
Burks Paul H
Bought by
Sultan Mark L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
6.04%
Purchase Details
Closed on
Dec 7, 2004
Sold by
Smiley Hazel U
Bought by
Burks Paul H
Purchase Details
Closed on
Dec 1, 1994
Sold by
Debby Wood
Bought by
Ballard Smiley
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shepard Justin | $50,000 | Evergreen Ttl & Closing Llc | |
| Secretary Of Housing & Urban Development | -- | None Available | |
| Tennessee Housing Development Agency | $57,720 | None Available | |
| Tennessee Housing Development Agency | $57,720 | None Available | |
| Childress Craig S | $71,900 | None Available | |
| Sultan Mark L | $60,000 | -- | |
| Burks Paul H | $45,000 | -- | |
| Ballard Smiley | $50,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shepard Justin | $37,600 | |
| Previous Owner | Childress Craig S | $59,706 | |
| Previous Owner | Ballard Smiley | $57,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/12/2021 03/12/21 | Sold | $50,000 | -28.6% | $50 / Sq Ft |
| 03/02/2021 03/02/21 | Pending | -- | -- | -- |
| 09/02/2020 09/02/20 | For Sale | $70,000 | -2.6% | $70 / Sq Ft |
| 06/27/2017 06/27/17 | Sold | $71,900 | +2.9% | $74 / Sq Ft |
| 05/10/2017 05/10/17 | Pending | -- | -- | -- |
| 05/04/2017 05/04/17 | For Sale | $69,900 | -- | $71 / 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 | -- | $18,925 | $3,100 | $15,825 |
| 2023 | $833 | $18,925 | $3,100 | $15,825 |
| 2022 | $833 | $18,925 | $3,100 | $15,825 |
| 2021 | $811 | $18,925 | $3,100 | $15,825 |
| 2020 | $260 | $18,925 | $3,100 | $15,825 |
| 2019 | $791 | $0 | $0 | $0 |
| 2018 | $772 | $17,075 | $3,100 | $13,975 |
| 2017 | $772 | $17,075 | $3,100 | $13,975 |
| 2016 | $644 | $13,850 | $1,575 | $12,275 |
| 2014 | $606 | $13,861 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Gordon Newman
-
M
Buyer's Agent in 2021
Michelle Laughlin
Aspire Real Estate
-
K
Seller's Agent in 2017
KELLY MORAN
KW Johnson City
-
P
Buyer's Agent in 2017
PATRICK WATKINS
KW Johnson City
Map
Source: Tennessee/Virginia Regional MLS
MLS Number: 9912548
APN: 046C-A-011.00
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