NOT LISTED FOR SALE

40 Fountain (Lot #11) Ct Johnson City, TN 37604

Cherokee Neighborhood

Estimated Value: $457,000 - $522,461

0.35 Acre
$1,403,186 Price per Acre
15,246 Sq Ft Lot

Last Sold June 30, 2022

Last sale price $58,500

Est. 740% increase in value since last sale

Current estimated payment $2,855/month

404 Days on Market

Highlights

  • Mountain View
  • Cherokee Elementary School Rated A-
  • Level Lot

About This Lot

As of June 2022

ONLY 7 LOTS AVAILABLE - PICK YOUR LOT TODAY: Can't find your dream home in today's market? Just build it !! Here is where you begin, on this beautiful lot that is less than 4 miles from JCMC & VA Hospitals, less than 3 miles from ETSU and within minutes from shopping, dining and some of the best hiking trails around. You have the convenience of the city, while enjoying a glimpse of the country. This lot is located on a cul-de-sac street and offers all underground utilities including sewer, water and electricity. Buyer/Buyer's agent to verify all information herein. Restrictions for Fountain Court S/D are available.

Last Agent to Sell the Property

Lisa Russell

Debby Gibson Real Estate License #272553 Listed on: 05/08/2021

Last Buyer's Agent

Kristy Weber

Property Executives Johnson City License #30868

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,208

Lot Details

  • 0.35 Acre Lot
  • Level Lot
  • Cleared Lot

Schools

  • Cherokee Elementary School
  • Indian Trail Middle School
  • Science Hill High School

Additional Features

  • Mountain Views
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 062g B 001.06 000

Property Details

Property Type

Land

Est. Annual Taxes

$2,208

Lot Details

0

Listing Details

  • Directions: From University Parkway take Cherokee Rd. towards Lamar, travel 1.6 miles turn LEFT onto Triangle Rd. Take 1st RIGHT onto Fork Lane and then immediate RIGHT onto Fountain Ct. Lot #11 will be on your Right.. See sign.
  • Prop. Type: Land
  • Road Surface Type: Paved
  • Road Frontage Type: 2 Lane Road
  • Location Tax Legal Info Parcel ID: 062g B 001.06 000
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.35
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Cherokee
  • General Property Description Middle School2: Indian Trail
  • General Property Description High School3: Science Hill
  • Lot Features Level3: Yes
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • View Mountain(s): Yes
  • TopographyLot Description Cleared: Yes
  • General Property Description Lot Size SqFt: 15040.0
  • Lot Features Rolling Slope2: Yes
  • Utilities Underground Utilities: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Level, Rolling Slope, Cleared
  • View: Mountain(s)
  • Acres: 0.35

Utilities

  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Schools

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

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 100x150.47 IRR
  • Lot Size Sq Ft: 15040.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 062g B 001.06 000
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2024
Sold by
Ingenuity Llc
Bought by
Lane Stephanie N
Current Estimated Value
$491,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,122
Outstanding Balance
$409,216
Interest Rate
6.63%
Mortgage Type
FHA
Estimated Equity
$83,582

Purchase Details

Listed on
May 8, 2021
Closed on
Jun 30, 2022
Sold by
Eric Ward
Bought by
Ingenuity Llc
Seller's Agent
Lisa Russell
Debby Gibson Real Estate
Buyer's Agent
Kristy Weber
Property Executives Johnson City
List Price
$59,500
Sold Price
$58,500
Premium/Discount to List
-$1,000
-1.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
95.45%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Lane Stephanie N $460,000 Express Title & Closing
Ingenuity Llc $58,500 Carrier And Hickie
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lane Stephanie N $414,122
Previous Owner Ingenuity Llc $436,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $58,500 0.0% --
06/30/2022 06/30/22 Off Market $58,500 -- --
06/15/2022 06/15/22 Pending -- -- --
05/07/2021 05/07/21 For Sale $59,500 -- --
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 $2,208 $129,100 $10,625 $118,475
2022 $188 $8,750 $8,750 $0
2021 $340 $8,750 $8,750 $0
2020 $338 $8,750 $8,750 $0
2019 $134 $8,750 $8,750 $0
2018 $240 $5,625 $5,625 $0
2017 $240 $5,625 $5,625 $0
2016 $239 $5,625 $5,625 $0
2015 $202 $5,625 $5,625 $0
2014 $202 $5,625 $5,625 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9922166

Tennessee/Virginia Regional MLS

APN: 062G-B-001.06