NOT LISTED FOR SALE

316 W Locust St Johnson City, TN 37604

South Side Johnson City Neighborhood

Estimated Value: $250,000 - $312,707

-- Bed
-- Bath
-- Sq Ft
10,062 Sq Ft Lot

Last Sold August 23, 2012

Last sale price $115,000

Est. 141% increase in value since last sale

Current estimated payment $1,564/month

53 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • Level Lot
  • South Side Elementary School Rated A
  • Central Heating and Cooling System
  • 5-minute walk to Powell Square Park

About This Home

As of August 2012

Great Investment Opportunity!!! Homes in the Historic Tree Streets District rent well to college students, med students, and pharmacy students. Don't miss this chance to get 3 rental units for this VERY LOW Purchase Price!! 3 Bedrooms in the main house. 1 Efficiency apartment in the back. 1 garage apartment. Now is the time to invest in your future with rental property!!

Last Agent to Sell the Property

Colin Johnson

KW Johnson City License #281993 Listed on: 05/17/2012

KW Johnson City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,239

Year Built

  • Built in 1915

Lot Details

  • Lot Dimensions are 66.5 x 150
  • Level Lot
  • Historic Home

Home Design

  • Cottage
  • Composition Roof
  • Wood Siding

Kitchen

  • Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Schools

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

Utilities

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

Community Details

  • 2 Buildings

Listing and Financial Details

  • Assessor Parcel Number 054D B 031.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,239

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Directions: University Parkway to Buffalo Street. Left on W. Locust. See sign.
  • Prop. Type: Residential Income
  • Year Built: 1915
  • Property Sub Type: Other
  • Architectural Style: Cottage, Historic
  • Location Tax Legal Info Parcel ID: 054D B 031.00
  • Contract Info Foreclosure: No
  • General Property Description Zoning2: RO1
  • 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: 66.5 x 150
  • AC Central Air: Yes
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • Roof Composition: Yes
  • Flooring Carpet: Yes
  • Style Historic: Yes
  • Flooring Vinyl: Yes
  • General Property Description # Buildings: 2
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator
  • Flooring: Vinyl, Carpet, Hardwood
  • Appliances Range: Yes

Exterior Features

  • Roof: Composition
  • Lot Features: Level
  • Construction Type: Wood Siding
  • Exterior Finish Wood Siding: Yes

Utilities

  • Heating: Natural Gas, Central
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Natural Gas2: Yes

Schools

  • Elementary School: South Side
  • High School: Science Hill
  • Middle Or Junior School: Indian Trail

Lot Info

  • Zoning: RO1
  • Lot Dimensions: 66.5 x 150
  • Parcel #: 054D B 031.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2018
Sold by
Smith Leah Jobe and Jobe Leah
Bought by
Douglas Benny E
Current Estimated Value
$277,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$105,723
Interest Rate
4.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$171,704

Purchase Details

Listed on
May 17, 2012
Closed on
Aug 23, 2012
Sold by
Burleson William Wesley
Bought by
Jobe Leah
Seller's Agent
Colin Johnson
KW Johnson City
List Price
$125,000
Sold Price
$115,000
Premium/Discount to List
-$10,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%

Purchase Details

Closed on
Jun 7, 2005
Sold by
Soleau Marsha C
Bought by
Burleson William Wesley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.66%

Purchase Details

Closed on
Jul 22, 1989
Bought by
Sinnott Monica M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Douglas Benny E $127,500 None Available
Jobe Leah $115,000 --
Burleson William Wesley $100,000 --
Sinnott Monica M $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Douglas Benny E $120,000
Previous Owner Sinnott Monica M $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2012 08/23/12 Sold $115,000 -8.0% --
07/10/2012 07/10/12 Pending -- -- --
05/17/2012 05/17/12 For Sale $125,000 -- --
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 $1,239 $72,450 $7,025 $65,425
2022 $905 $42,075 $5,025 $37,050
2021 $1,301 $33,525 $5,025 $28,500
2020 $1,294 $33,525 $5,025 $28,500
2019 $728 $33,525 $5,025 $28,500
2018 $1,306 $30,575 $5,025 $25,550
2017 $1,306 $30,575 $5,025 $25,550
2016 $1,300 $30,575 $5,025 $25,550
2015 $1,101 $30,575 $5,025 $25,550
2014 $1,101 $30,575 $5,025 $25,550
Source: Public Records

Agents Affiliated with this Home

  • Colin Johnson

    Seller's Agent in 2012

    Colin Johnson

    KW Johnson City

    (423) 247-5510

    4 in this area

    230 Total Sales

    Colin Johnson
    Section Image
See All Agents

Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 320518

Tennessee/Virginia Regional MLS

APN: 054D-B-031.00

Tennessee Washington County Johnson City 37604 South Side Johnson City

316 W Locust St, Johnson City, TN

Not Listed for Sale

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