NOT LISTED FOR SALE

391 Lynn Ave Kingsport, TN 37665

Lynn Garden Neighborhood
-- Bed
-- Bath
-- Sq Ft
1967 Built

Last Sold March 07, 2019

Last sale price $110,000

15 Days on Market

Highlights

  • Paneling
  • Window Unit Cooling System
  • Radiant Ceiling
  • Ross N. Robinson Middle School Rated A
  • Carpet

About This Home

As of March 2019

This is a great little apt complex located in Kingsport,TN. Owner has completed several upgrades to the property over the years and shows well. New roof and well as one unit renovated throughout. Gross potential rent is $18,480-5%vac-$288 garbage-$1100 insurance-$830 taxes=Net operating income $15,338 for a 13%cap.

Last Agent to Sell the Property

Brian Whidden

Sperry CGA Whidden Properties License #294566 Listed on: 01/25/2019

Last Buyer's Agent

MARNE DRINNON

Hurd Realty, LLC License #304626

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • Lot Dimensions are 62x133

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Shingle Roof
  • Masonite

Interior Spaces

  • 2-Story Property
  • Paneling
  • Basement

Flooring

  • Parquet
  • Carpet
  • Laminate

Schools

  • Kennedy Elementary School
  • Sevier Middle School
  • Dobyns Bennett High School

Utilities

  • Window Unit Cooling System
  • Radiant Ceiling

Community Details

  • Utility Expense $288
  • Operating Expense $1,930
  • Gross Income $18,480
  • Net Operating Income $15,338

Listing and Financial Details

  • Assessor Parcel Number 029L C 064.00

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Directions: GPS ,391 Lynn Ave, Kingsport,TN 37665
  • Prop. Type: Residential Income
  • Year Built: 1967
  • IncomeAndExpensesAnnualUtilityExpenses: 288
  • Property Sub Type: Quadruplex
  • Unit Levels: Two
  • Location Tax Legal Info Parcel ID: 029L C 064.00
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Zoning2: multi fam
  • General Property Description Elementary School3: Kennedy
  • General Property Description Middle School2: Sevier
  • General Property Description High School3: Dobyns Bennett
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 62x133
  • Appliances Refrigerators: Yes
  • Roof Shingle: Yes
  • General Property Description Stories2: 2
  • Flooring Carpet: Yes
  • Flooring Laminate: Yes
  • Exterior Finish Masonite: Yes
  • Excluded From Sale A C Window Units: Yes
  • Walls Paneling: Yes
  • Flooring Parquet: Yes
  • General Property Description # Buildings: 1
  • Levels:Two: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator
  • Has Basement: Concrete
  • Flooring: Parquet, Carpet, Laminate
  • Basement:Concrete3: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Brick, Masonite
  • Exterior Finish Brick4: Yes

Utilities

  • Heating: Radiant Ceiling
  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Radiant Ceiling: Yes

Schools

  • Elementary School: Kennedy
  • High School: Dobyns Bennett
  • Middle Or Junior School: Sevier

Lot Info

  • Zoning: multi fam
  • Lot Dimensions: 62x133
  • Parcel #: 029L C 064.00

Multi Family

  • Annual Gross Income: 18480.0
  • Vacancy Allowance Rate: 5.0

Range of Values:

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

Property History

Date Event Price Change Sq Ft Price
03/07/2019 03/07/19 Sold $110,000 -4.3% --
02/10/2019 02/10/19 Pending -- -- --
01/25/2019 01/25/19 For Sale $114,900 +34.4% --
12/06/2013 12/06/13 Sold $85,500 -22.3% --
09/24/2013 09/24/13 Pending -- -- --
06/17/2013 06/17/13 For Sale $110,000 -- --
Source: Tennessee/Virginia Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Brian Whidden

    Sperry CGA Whidden Properties

    (423) 791-0536

    1 Total Sale

    Brian Whidden
    Section Image

  • M

    Buyer's Agent in 2019

    MARNE DRINNON

    Hurd Realty, LLC

    (423) 202-2277

    36 Total Sales

    MARNE DRINNON
    Section Image

  • J

    Seller's Agent in 2013

    JOHN CHILDRESS

    Blue Ridge Properties

  • W

    Buyer's Agent in 2013

    William Lizzio

    RE/MAX Preferred

    (423) 791-0191

    10 Total Sales

    William Lizzio
    Section Image
See All Agents

Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 416960

Tennessee/Virginia Regional MLS
Tennessee Sullivan County Kingsport 37660 Lynn Garden

391 Lynn Ave, Kingsport, TN

This home is located at 391 Lynn Ave, Kingsport, TN 37665 since 25 January 2019. This property was built in 1967. 391 Lynn Ave is a home located in Sullivan County with nearby schools including John F. Kennedy Elementary School, Ross N. Robinson Middle School, and Dobyns-Bennett High School.

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