NOT LISTED FOR SALE

314 Albemarle Ave Erwin, TN 37650

Estimated Value: $92,000 - $178,056

2 Beds
1 Bath
1,032 Sq Ft
$138/Sq Ft Est. Value

Last Sold March 24, 2016

Last sale price $25,750 $25 Per Sq Ft

Est. 452% increase in value since last sale

Current estimated payment $804/month

27 Days on Market

Highlights

  • Mountain View
  • Traditional Architecture
  • Covered Patio or Porch
  • Deck
  • 1 Fireplace
  • Eat-In Kitchen

About This Home

As of March 2016

314 Albemarle Ave in Erwin. This home offers 2 bedrooms, 1 very large bath, living area, dining area, large kitchen with updated cabinets, Central Heat and Air, updated breaker panel, updated windows, updated metal roof, and new covered deck. Beautiful mountain views and convenient in town location. Walking distance to Intermediate, Middle, and High School. Bank Foreclosure. Special financing options available through Mountain Commerce Bank. Call today for more information or to schedule a private showing.

Last Agent to Sell the Property

LISTINGS TRANSFERRED

Preferred Realty Listed on: 02/12/2016

Co-Listed By

KAREN TIPTON

Preferred Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $632

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 200 x 120
  • Sloped Lot
  • Property is in average condition

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Plaster Walls
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,032 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Double Pane Windows
  • Laminate Flooring
  • Mountain Views
  • Dirt Floor
  • Washer and Gas Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Laminate Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Rock Creek Elementary School
  • Unicoi Co Middle School
  • Unicoi Co High School

Utilities

  • Central Heating and Cooling System

Community Details

  • Crystal Springs Subdivision

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 015.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$632

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Directions: In Erwin traveling south on Main St turn left on Gay St. Stay on Gay St then left on Mohawk. Make a right on Obrien. Stay straight and go up the hill. Obrien turns into Albemarle. Home on the left. See Sign.
  • Prop. Type: Residential
  • Year Built: 1925
  • Property Sub Type: Single Family Residence
  • Co List Office Mls Id: 979
  • Co List Office Phone: 423-743-1900
  • ResoSpecialListingConditions: In Foreclosure
  • Subdivision Name: Crystal Springs
  • Architectural Style: Traditional
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: Yes
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Elementary School3: Rock Creek
  • General Property Description Middle School2: Unicoi Co
  • General Property Description High School3: Unicoi Co
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 200 x 120
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1032.0
  • General Property Description Above Grade SqFt: 1032.0
  • AC Central Air: Yes
  • General Property Description Parcel ID2: 015.00
  • General Property Description # Fireplaces: 1
  • General Property Description Stories2: 1
  • View Mountain(s): Yes
  • TopographyLot Description Sloped: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Laminate: Yes
  • Roof Metal3: Yes
  • Walls Plaster: Yes
  • Property Condition Average: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: 1028

Interior Features

  • Appliances: Electric Range
  • Has Basement: Dirt Floor
  • Flooring: Laminate
  • Interior Amenities: Eat-in Kitchen, Laminate Counters
  • Window Features: Double Pane Windows
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Other, See Remarks
  • Fireplaces: 1
  • Total Bedrooms: 5
  • General Property Description Baths - Full: 1
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:Electric Range: Yes
  • Basement:Dirt Floor: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Metal
  • View: Mountain(s)
  • Topography: Sloped
  • Home Warranty: No
  • Construction Type: Vinyl Siding, Plaster
  • Patio And Porch Features: Covered, Deck
  • Exterior Finish Vinyl Siding: Yes
  • Window Features:Double Pane Windows: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Deck: Yes

Garage/Parking

  • Parking Features: Gravel, None
  • Attached Garage: No
  • Parking Features:Gravel: Yes

Utilities

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

Schools

  • Elementary School: Rock Creek
  • High School: Unicoi Co
  • Middle Or Junior School: Unicoi Co

Lot Info

  • Lot Dimensions: 200 x 120
  • Parcel #: 015.00

Tax Info

  • Tax Book Number: 389

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2016
Closed on
May 13, 2016
Sold by
Grill Valerie
Bought by
Roberts Jerome and Roberts Bernice
Seller's Agent
LISTINGS TRANSFERRED
Preferred Realty
List Price
$39,900
Sold Price
$25,750
Premium/Discount to List
-$14,150
-35.46%
Current Estimated Value
$142,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,264
Avg. Annual Appreciation
19.49%
Original Mortgage
$16,850
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 12, 2016
Closed on
Mar 24, 2016
Sold by
Mountain Commerce Bank
Bought by
Grill Valerie
Seller's Agent
LISTINGS TRANSFERRED
Preferred Realty
List Price
$39,900
Sold Price
$25,750
Premium/Discount to List
-$14,150
-35.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,850
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2015
Sold by
Faust Michael E
Bought by
Mountain Commerce Bank

Purchase Details

Closed on
Feb 19, 2004
Bought by
Faust Michael E and Thompson Glena M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,124
Interest Rate
5.63%

Purchase Details

Closed on
Dec 9, 2003
Sold by
Whitson Dallas G
Bought by
Erwin National Bank

Purchase Details

Closed on
Dec 1, 2003
Sold by
Whitson Dallas and Whitson Wincie
Bought by
Erwin National Bank

Purchase Details

Closed on
May 30, 2002
Sold by
Lewis Mary
Bought by
Whitson Dallas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,075
Interest Rate
6.77%
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
Roberts Jerome $36,850 --
Grill Valerie $25,750 --
Mountain Commerce Bank $47,749 --
Faust Michael E $25,700 --
Erwin National Bank -- --
Erwin National Bank -- --
Whitson Dallas $24,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Roberts Jerome $16,850
Previous Owner Whitson Dallas $23,124
Previous Owner Whitson Dallas $25,075
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2016 03/24/16 Sold $25,750 -35.5% $25 / Sq Ft
03/10/2016 03/10/16 Pending -- -- --
02/11/2016 02/11/16 For Sale $39,900 -- $39 / 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 $632 $24,225 $8,725 $15,500
2023 $632 $24,225 $0 $0
2022 $945 $24,225 $8,725 $15,500
2021 $800 $16,950 $8,725 $8,225
2020 $762 $16,950 $8,725 $8,225
2019 $762 $16,775 $8,725 $8,050
2018 $695 $16,775 $8,725 $8,050
2017 $693 $16,775 $8,725 $8,050
2016 $651 $15,900 $8,750 $7,150
2015 $598 $15,900 $0 $0
2014 $598 $15,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 372796

Tennessee/Virginia Regional MLS

APN: 023M-D-01500-000