NOT LISTED FOR SALE

Estimated Value: $319,000 - $474,013

Studio
-- Bath
3,076 Sq Ft
$126/Sq Ft Est. Value

Sale Details

Date Sold: June 17, 2022

Last sale price $195,000 $63 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,246 / mo

1 Day on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Window Unit Cooling System
  • Lake Ridge Elementary School Rated A
  • Paneling
  • Baseboard Heating

About This Home

As of June 2022

Investors Dream! The main level of this brick rancher has 3 bedrooms, 2 full baths and sits on almost an acre lot. Downstairs has 2 separate rental units. Each downstairs unit has 1 bedroom, a full bath, and a kitchen open to the living room. Upstairs could rent for $1500 per month and each downstairs unit, with some TLC,$500-600 each. Down stairs units need work but upstairs is rental ready. New metal roof and plenty of parking in the large yard. Home is being sold AS IS. Electric and water on 1 bill, not separated by unit. No heat pump/central air. Air is window unit a/c and heat is baseboard. Come see this great investment today!

Last Agent to Sell the Property

Kim Keith

REMAX Checkmate, Inc. Realtors License #331169 Listed on: 05/24/2022

REMAX Checkmate, Inc. Realtors

Last Buyer's Agent

Mark and Kelley Townsend

KW Johnson City License #366164

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 37,026 Sq Ft Lot
  • Level Lot
  • Property is in below average condition

Home Design

  • Fixer Upper
  • Brick Exterior Construction
  • Block Foundation
  • Metal Roof

Interior Spaces

  • 3,076 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Laminate Countertops

Flooring

  • Wood
  • Laminate

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Schools

  • Lake Ridge Elementary School
  • Indian Trail Middle School
  • Science Hill High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 030h D 031.00

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0.85 Acres

Listing Details

  • Directions: From Johnson City take the Bristol Hwy to left onto Timberlake Rd. Go straight at the stop sign, home on the left, see sign. GPS friendly
  • Prop. Type: Residential Income
  • Year Built: 1968
  • Property Sub Type: Multi-Family
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 030h D 031.00
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.85
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Lake Ridge
  • 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: 150 X 300 irr
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • Style Ranch: Yes
  • General Property Description Stories2: 1
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Laminate: Yes
  • Foundation Block6: Yes
  • Roof Metal3: Yes
  • Excluded From Sale A C Window Units: Yes
  • Property Condition Fixer: Yes
  • Walls Paneling: Yes
  • Basement Block4: Yes
  • Property Condition Below Average: Yes
  • General Property Description # Buildings: 1
  • General Property Description Total Units: 3
  • General Property Description Home Warranty2: No
  • Levels One: Yes
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Electric Range, Refrigerator
  • Has Basement: Block, Full
  • Flooring: Hardwood, Laminate
  • Interior Amenities: Eat-in Kitchen, Laminate Counters
  • Window Features: Single Pane Windows
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Cooktop: Yes
  • Full Basement: Yes

Exterior Features

  • Property Condition: Below Average, Fixer
  • Roof: Metal
  • Lot Features: Level
  • Acres: 0.85
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Block
  • Exterior Finish Brick4: Yes
  • Window Features:Single Pane Windows: Yes

Garage/Parking

  • Parking Features: Parking Spaces
  • Attached Garage: No
  • Parking Features:Parking Spaces: Yes

Utilities

  • Heating: Baseboard
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes

Schools

  • Elementary School: Lake Ridge
  • High School: Science Hill
  • Middle Or Junior School: Indian Trail

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 150 X 300 irr
  • Lot Size Sq Ft: 37026.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 030h D 031.00
  • ResoLotSizeUnits: Acres

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2026
Sold by
Bought by
Current Estimated Value
$386,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,125
Outstanding Balance
$342,469
Interest Rate
6.23%
Mortgage Type
VA
Estimated Equity
$44,034

Purchase Details

Listed on
May 24, 2022
Closed on
Jun 15, 2022
Sold by
Bought by
Seller's Agent
Kim Keith
REMAX Checkmate, Inc. Realtors
Buyer's Agent
Mark and Kelley Townsend
KW Johnson City
List Price
$225,000
Sold Price
$195,000
Premium/Discount to List
-$30,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.88%

Purchase Details

Closed on
Jun 8, 2021
Sold by
Bought by

Purchase Details

Closed on
Nov 17, 2016
Sold by
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$355,000 Seeley Title
$195,000 Patriot Title
-- None Available
$79,200 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $344,125
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/17/2022 06/17/22 Sold $195,000 -13.3% $63 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $225,000 -- $73 / Sq Ft
Source: Tennessee/Virginia Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,458 $85,275 $16,200 $69,075
2024 $1,458 $85,275 $16,200 $69,075
2022 $1,002 $46,600 $14,400 $32,200
2021 $1,808 $46,600 $14,400 $32,200
2020 $2,401 $62,200 $23,040 $39,160
2019 $1,216 $62,200 $23,040 $39,160
2018 $2,181 $51,080 $18,640 $32,440
2017 $2,181 $51,080 $18,640 $32,440
2016 $2,171 $51,080 $18,640 $32,440
2015 $1,839 $51,080 $18,640 $32,440
2014 $1,839 $51,080 $18,640 $32,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9938305

Tennessee/Virginia Regional MLS

APN: 030H-D-031.00

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