$135,000
SOLD APR 18, 2024

392 Government Rd Bristol, TN 37620

2 Beds
2 Baths
1,314 Sq Ft
0.53 Acres

Recently Sold

$103 Per Sq Ft

13% Below List Price

151 Days on Market

Highlights

  • Fishing
  • Community Lake
  • Partially Wooded Lot
  • Mountain View
  • Wood Burning Stove
  • Wood Flooring

About This Home

As of November 2024

Investors take a look! This is a perfect opportunity to have your weekend getaway! This charming cottage features 2 bedrooms and 2 bathrooms, providing a cozy and comfortable living space. With 1,314 square feet of interior space, it's perfect for a weekend getaway, or a forever home to retreat. The cottage boasts rustic yet modern amenities, including a fireplace, and a spacious front porch for enjoying the surrounding wildlife. Minutes from beautiful South Holston Lake. Also on the property is a 50 amp service, water, and sewer hookups for an RV. This property is eligible for low to no money down renovation loans, FHA, VA, and conventional loans all apply! All information to be verified by buyers agent. Property lines shown in photo are approximate. Propane tanks do not convey. Property being sold in as-is condition.

Last Agent to Sell the Property

Tim Hensley

Arbella Properties FB License #370561 Listed on: 03/14/2024

Last Buyer's Agent

Leah McMahan

Crossroads Realty License #263654

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $258

Year Built

  • Built in 1974

Lot Details

  • 0.53 Acre Lot
  • Level Lot
  • Partially Wooded Lot
  • Property is in average condition

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Cabin
  • Wood Walls
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding
  • Stone Exterior Construction
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 1,314 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Wood Burning Stove
  • Double Pane Windows
  • Living Room with Fireplace
  • Mountain Views
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Soaking Tub
  • Oversized Bathtub in Primary Bathroom

Outdoor Features

  • Front Porch

Schools

  • Emmett Elementary School
  • Sullivan East Middle School
  • Sullivan East High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 009 025.00

Community Details

Overview

  • No Home Owners Association
  • Community Lake

Recreation

  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$258

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Directions: From I-81 take exit 17 onto SR-75 towards Abingdon. Turn right onto Cummings St. Turn left onto Green Springs Chruch Rd. Continue on Denton Valley Rd. Take a slight right turn onto Offset Rd. Turn left onto Government Rd. The destination is on your left. See sign in yard.
  • Prop. Type: Residential
  • Year Built: 1974
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Not In Subdivision
  • Architectural Style: Cabin, Cottage
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.53
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Emmett
  • General Property Description Middle School2: Sullivan East
  • General Property Description High School3: Sullivan East
  • General Property Description HOA YN: No
  • Water Public: Yes
  • General Property Description Lot Dimensions: See Acerage
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1314.0
  • General Property Description Above Grade SqFt: 1314.0
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 009 025.00
  • Roof Shingle: Yes
  • Roof Composition: Yes
  • View Mountain(s): Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Excluded From Sale A C Window Units: Yes
  • Walls Paneling: Yes
  • Property Condition Average: Yes
  • Walls Wood3: Yes
  • Flooring Ceramic Tile: Yes
  • TopographyLot Description Part Wooded: Yes
  • Heating Propane3: Yes
  • Community Features Fishing2: Yes
  • Foundation Concrete Perimeter: Yes
  • Flooring Concrete4: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Flooring: Ceramic Tile, Concrete, Hardwood
  • Interior Amenities: 2+ Person Tub, Laminate Counters, Pantry, Soaking Tub
  • Window Features: Double Pane Windows
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Wood Burning Stove
  • Total Bedrooms: 6
  • General Property Description Baths - Full: 2
  • Interior Features:Pantry: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Laminate Counters: Yes
  • Interior Features:Soaking Tub: Yes
  • Fireplace:Living Room: Yes
  • Appliances:Electric Range: Yes
  • Community Features:Lake: Yes
  • Fireplace:Wood Burning Stove: Yes
  • Interior Features 2 Person Tub: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Composition, Shingle
  • View: Mountain(s)
  • Acres: 0.53
  • Topography: Level, Part Wooded
  • Home Warranty: No
  • Construction Type: Stone, Vinyl Siding
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Front Porch
  • Exterior Finish Vinyl Siding: Yes
  • Window Features:Double Pane Windows: Yes
  • PorchPatioDeck Front Porch: Yes
  • Exterior Finish Stone5: Yes

Garage/Parking

  • Parking Features: Driveway, Gravel
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Fishing, Lake
  • Association: No

Schools

  • Elementary School: Emmett
  • High School: Sullivan East
  • Middle Or Junior School: Sullivan East

Lot Info

  • Zoning: Residential
  • Lot Dimensions: See Acerage
  • Lot Size Sq Ft: 23086.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 009 025.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 3218

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2024
Closed on
Nov 25, 2024
Sold by
Stimmell Jacob Sidney and Pulley Tammy Lee
Bought by
Cook Stacy
Seller's Agent
Sheila Ryan
Century 21 Legacy
Buyer's Agent
Non Member
Non Member
List Price
$165,000
Sold Price
$170,000
Premium/Discount to List
$5,000
3.03%
Views
52
Current Estimated Value
$164,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,331
Avg. Annual Appreciation
-4.54%
Original Mortgage
$166,920
Outstanding Balance
$166,290
Interest Rate
6.32%
Mortgage Type
FHA
Estimated Equity
-$1,735

Purchase Details

Listed on
Mar 14, 2024
Closed on
Apr 18, 2024
Sold by
Bourne Barry and Bourne Allesha
Bought by
Stimmell Jacob Sidney and Pulley Tammy Lee
Seller's Agent
Tim Hensley
Arbella Properties FB
Buyer's Agent
Leah McMahan
Crossroads Realty
List Price
$155,000
Sold Price
$135,000
Premium/Discount to List
-$20,000
-12.9%
Views
82

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.92%
Original Mortgage
$85,000
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 21, 2016
Closed on
Sep 28, 2016
Sold by
Fv I Inc
Bought by
Bourne Barry K
Seller's Agent
Ashley Foran
Southeastern Properties
Buyer's Agent
Janie Barron
Arbella Properties JC
List Price
$24,900
Sold Price
$14,000
Premium/Discount to List
-$10,900
-43.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.17%

Purchase Details

Closed on
Jul 8, 2016
Sold by
Warner Carville L
Bought by
Fv-I Inc

Purchase Details

Closed on
Jul 19, 2006
Sold by
Warner Carville L
Bought by
Warner Carville L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
12.05%

Purchase Details

Closed on
Apr 10, 2006
Sold by
Warner Carville L
Bought by
Warner Carville L and Warner Phyllis B

Purchase Details

Closed on
Aug 29, 1989
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Unity Title
Warranty Deed -- Unity Title
Warranty Deed $135,000 Foundation Title
Special Warranty Deed $14,000 --
Trustee Deed -- --
Deed -- --
Deed -- --
Warranty Deed $6,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $166,920 FHA
Closed $166,920 FHA
Previous Owner $85,000 New Conventional
Previous Owner $84,000 No Value Available
Previous Owner $60,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2024 11/25/24 Sold $170,000 +3.0% $129 / Sq Ft
10/22/2024 10/22/24 Pending -- -- --
10/08/2024 10/08/24 For Sale $165,000 +22.2% $126 / Sq Ft
04/18/2024 04/18/24 Sold $135,000 -12.9% $103 / Sq Ft
03/20/2024 03/20/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $155,000 0.0% $118 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
02/07/2024 02/07/24 Price Changed $155,000 -11.4% $118 / Sq Ft
11/12/2023 11/12/23 Price Changed $175,000 -10.3% $133 / Sq Ft
10/20/2023 10/20/23 For Sale $195,000 +1292.9% $148 / Sq Ft
10/14/2016 10/14/16 Sold $14,000 -43.8% $12 / Sq Ft
10/13/2016 10/13/16 Pending -- -- --
07/21/2016 07/21/16 For Sale $24,900 -- $21 / 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 $258 $10,350 $1,550 $8,800
2023 $249 $10,350 $1,550 $8,800
2022 $249 $10,350 $1,550 $8,800
2021 $249 $10,350 $1,550 $8,800
2020 $260 $10,350 $1,550 $8,800
2019 $260 $10,125 $1,550 $8,575
2018 $258 $10,125 $1,550 $8,575
2017 $258 $10,125 $1,550 $8,575
2016 $270 $10,475 $1,050 $9,425
2014 -- $10,458 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9958324

Tennessee/Virginia Regional MLS

APN: 009-025.00