Seller's Agent in 2022
Ed Gwinn
RE/MAX
81 Total Sales
3536 W Walnut St Johnson City, TN 37604
Estimated Value: $273,000 - $403,000
--
Bed
2
Baths
3,686
Sq Ft
$98/Sq Ft
Est. Value
Highlights
- Deck
- Central Heating and Cooling System
- Level Lot
- Wood Flooring
- Privacy Fence
About This Home
As of May 2022INCOME PROPERTY. This income producing property consists of two buildings. The first building is the old ''Midway Market'' building. This old store has been converted into two apartments. The first is a modern 2BR/1BA apartment that rents for $1,095 and includes water, power and gas. The second is a 1BR/1BA unit that rents for $995 and includes water, power and gas. The units have a newer kitchen and bathroom, concrete floors and a large fireplace. This building is on its own septic system. The second building is a 1764sf modular home which was renovated a few years back. It sits on the back of the property. This building is on its own separate septic system as well. It currently rents for $1,495 and includes water, power and gas. There is some possibilities for rent increases. Currently all properties are leased and occupied.
Last Agent to Sell the Property
REMAX Checkmate, Inc. Realtors License #313057 Listed on: 10/20/2021
Last Buyer's Agent
HOLLY HUMPHREY
Greater Impact Realty Kingsport License #336635, 0225252017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $892
Year Built
- Built in 1940
Lot Details
- 1.11 Acre Lot
- Privacy Fence
- Level Lot
- Cleared Lot
- Property is in average condition
Parking
- Gravel Driveway
Home Design
- Brick Exterior Construction
- Slab Foundation
- Vinyl Siding
Interior Spaces
- 3,686 Sq Ft Home
- Living Room with Fireplace
- Washer and Electric Dryer Hookup
Kitchen
- Electric Range
- Microwave
- Dishwasher
Flooring
- Wood
- Concrete
- Tile
Outdoor Features
- Deck
Schools
- Cherokee Elementary School
- Indian Trail Middle School
- Science Hill High School
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Septic Tank
- Private Sewer
Listing and Financial Details
- Assessor Parcel Number 053j A 015.00 000
Community Details
Overview
- 2 Buildings
- 3 Units
- Not Listed Subdivision
Building Details
- Gross Income $36,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 23, 2018
Sold by
Oraha Alaa K and Flathau Bonnie R
Bought by
Carter Marvin G
Current Estimated Value
Purchase Details
Closed on
Nov 16, 2016
Sold by
Bair Richard H
Bought by
Carter Marvin G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.52%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Carter Marvin G | -- | None Available | |
| Carter Marvin G | $70,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Carter Marvin G | $50,000 | |
| Previous Owner | Bair Richard H | $51,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/03/2022 05/03/22 | Sold | $330,000 | -12.0% | $90 / Sq Ft |
| 02/08/2022 02/08/22 | Pending | -- | -- | -- |
| 10/20/2021 10/20/21 | For Sale | $375,000 | -- | $102 / 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 | $892 | $52,175 | $10,500 | $41,675 |
| 2022 | $658 | $30,600 | $8,400 | $22,200 |
| 2021 | $658 | $30,600 | $8,400 | $22,200 |
| 2020 | $658 | $30,600 | $8,400 | $22,200 |
| 2019 | $794 | $30,600 | $8,400 | $22,200 |
| 2018 | $794 | $33,360 | $12,960 | $20,400 |
| 2017 | $794 | $33,360 | $12,960 | $20,400 |
| 2016 | $794 | $33,360 | $12,960 | $20,400 |
| 2015 | $660 | $33,360 | $12,960 | $20,400 |
| 2014 | $660 | $33,360 | $12,960 | $20,400 |
Source: Public Records
Agents Affiliated with this Home
-
-
H
Buyer's Agent in 2022
HOLLY HUMPHREY
Greater Impact Realty Kingsport
Map
Source: Tennessee/Virginia Regional MLS
MLS Number: 9930130
APN: 053J-A-015.00
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