NOT LISTED FOR SALE

313 Academy St Erwin, TN 37650

Estimated Value: $176,734 - $202,000

2 Beds
1 Bath
1,024 Sq Ft
$184/Sq Ft Est. Value

Last Sold November 30, 2017

Last sale price $107,000 $104 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,064/month

33 Days on Market

Highlights

  • Wood Flooring
  • Screened Porch
  • Laundry Room
  • Granite Countertops
  • Cottage
  • 1-minute walk to Veterans Memorial Park

About This Home

As of November 2017

Adorable cottage recently remodeled throughout! New kitchen featuring: new cabinets, granite counter tops, nice sink & faucet, new flooring & all new stainless appliances! Plus all new windows throughout the home too! New paint & light fixtures throughout, plus the bathroom has been updated too. New architectural shingles & package system heat & air unit, & hot-water heater added in 2009.Old charm plus beautiful original hardwood floors throughout. Custom designed additional features: lovely (12 x 14) screened in back porch, with a nice (12 x 10) heated & cooled laundry/shelved storage room, & partially floored attic access. Underneath the laundry/storage is an additional (12 x 10) nice storage room off the (12 x14) lower patio & a basement area currently used as a workshop, owner will clean out the basement asp. Motion sensor flood lights in back, new landscaping just added! Easy access via I-26 to Asheville, Johnson City or surrounding areas or take a leisure walk to downtown Erwin.

Last Agent to Sell the Property

Karen Shelton- Tenn

Property Executives Johnson City License #300115 Listed on: 09/06/2017

Last Buyer's Agent

Karen Shelton- Tenn

Property Executives Johnson City License #300115 Listed on: 09/06/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $732

Year Built

  • Built in 1920 | Remodeled

Lot Details

  • Lot Dimensions are 50 x 100
  • Level Lot
  • Property is in good condition

Home Design

  • Cottage
  • Plaster Walls
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,024 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Insulated Windows
  • Screened Porch
  • Exterior Basement Entry

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Attic

  • Attic Floors
  • Pull Down Stairs to Attic

Outdoor Features

  • Patio

Schools

  • Love Chapel Elementary School
  • Unicoi Co Middle School
  • Unicoi Co High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Community Details

  • E L Co Subdivision

Listing and Financial Details

  • Assessor Parcel Number 031C A 030.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$732

Year Built

Built in 1920 | Remodeled

Lot Details

0

Listing Details

  • Directions: From Main St. in Downtown Erwin head toward Love St. but stay straight on South Main turn left onto Academy. The home is on the left across from Veteran's Park.
  • Prop. Type: Residential
  • Year Built: 1920
  • Property Sub Type: Single Family Residence
  • Subdivision Name: E L Co
  • Architectural Style: Cottage
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Zoning2: residential
  • General Property Description Elementary School3: Love Chapel
  • General Property Description Middle School2: Unicoi Co
  • General Property Description High School3: Unicoi Co
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 50 x 100
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1024.0
  • General Property Description Above Grade SqFt: 1024.0
  • AC Central Air: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 031C A 030.00
  • Roof Shingle: Yes
  • General Property Description Stories2: 1
  • TopographyLot Description Sloped: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Laminate: Yes
  • Other Rooms Laundry: Yes
  • Walls Plaster: Yes
  • Attic Partial Floor: Yes
  • Attic Pull Down Stairs: Yes
  • Fireplace Ornamental: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Has Basement: Exterior Entry
  • Flooring: Hardwood, Laminate
  • Interior Amenities: Granite Counters, Remodeled
  • Window Features: Insulated Windows
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Ornamental
  • Total Bedrooms: 6
  • General Property Description Baths - Full: 1
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • InteriorFeatures:Remodeled: Yes
  • Interior Features:Granite Counters: Yes
  • Basement:Exterior Entry: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Shingle
  • Topography: Level, Sloped
  • Home Warranty: No
  • Construction Type: Vinyl Siding, Plaster
  • Patio And Porch Features: Back, Covered, Front Patio, Front Porch, Screened
  • Exterior Finish Vinyl Siding: Yes
  • Window Features:Insulated Windows: Yes
  • PorchPatioDeck Back: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Front Patio: Yes
  • PorchPatioDeck Front Porch: Yes
  • PorchPatioDeck Screened: Yes

Utilities

  • Heating: Central, Electric, Heat Pump
  • 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:Heat Pump2: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Schools

  • Elementary School: Love Chapel
  • High School: Unicoi Co
  • Middle Or Junior School: Unicoi Co

Lot Info

  • Zoning: residential
  • Lot Dimensions: 50 x 100
  • Parcel #: 031C A 030.00

Tax Info

  • Tax Book Number: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2017
Closed on
Nov 30, 2017
Sold by
Hepburn James Clayton and Hepburn Lydia Gay
Bought by
Adcock Tammy L
Seller's Agent
Karen Shelton- Tenn
Property Executives Johnson City
Buyer's Agent
Karen Shelton- Tenn
Property Executives Johnson City
List Price
$110,000
Sold Price
$107,000
Premium/Discount to List
-$3,000
-2.73%
Current Estimated Value
$188,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,434
Avg. Annual Appreciation
7.47%
Original Mortgage
$95,326
Outstanding Balance
$80,890
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$107,544

Purchase Details

Closed on
Sep 29, 2006
Sold by
Moughon Gordon
Bought by
Moughon Joel G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
6.36%

Purchase Details

Closed on
Sep 16, 2006
Bought by
Hepburn James Clayton and Hepburn Lydia Gay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
6.36%

Purchase Details

Closed on
Feb 5, 1999
Bought by
Moughon Gordon & Mary Custodians For Children

Purchase Details

Closed on
Aug 12, 1997
Sold by
Yates Leonard
Bought by
Moore Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,065
Interest Rate
7.65%

Purchase Details

Closed on
Jun 14, 1991
Bought by
Yates Leonard and Yates Rosie Yates
Source: Public Records

Range of Values:

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Average Value
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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
Adcock Tammy L $107,000 Multiple
Moughon Joel G -- --
Hepburn James Clayton $60,000 --
Moughon Gordon & Mary Custodians For Children $52,400 --
Moore Steven $42,000 --
Yates Leonard $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adcock Tammy L $95,326
Previous Owner Yates Leonard $54,000
Previous Owner Yates Leonard $42,065
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2017 11/30/17 Sold $107,000 -2.7% $104 / Sq Ft
10/10/2017 10/10/17 Pending -- -- --
09/06/2017 09/06/17 For Sale $110,000 -- $107 / 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
2024 $732 $28,050 $3,200 $24,850
2023 $732 $28,050 $0 $0
2022 $1,094 $28,050 $3,200 $24,850
2021 $1,036 $21,975 $2,125 $19,850
2020 $999 $21,975 $2,125 $19,850
2019 $999 $21,975 $2,125 $19,850
2018 $757 $18,250 $2,125 $16,125
2017 $754 $18,250 $2,125 $16,125
2016 $779 $19,025 $2,125 $16,900
2015 $716 $19,025 $0 $0
2014 $716 $19,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 396818

Tennessee/Virginia Regional MLS

APN: 031C-A-03000-000