NOT LISTED FOR SALE

401 Academy St Erwin, TN 37650

Estimated Value: $158,000 - $229,000

2 Beds
2 Baths
1,424 Sq Ft
$137/Sq Ft Est. Value

Last Sold November 14, 2016

Last sale price $35,000 $25 Per Sq Ft

Est. 457% increase in value since last sale

Current estimated payment $1,075/month

238 Days on Market

Highlights

  • Cottage
  • Central Heating and Cooling System
  • 2-minute walk to Veterans Memorial Park
  • Paneling
  • Level Lot

About This Home

As of November 2016

Convenient to downtown Erwin, this 2-bedroom, 2-bath cottage offers comfortable living. Large master bedroom and bath. large private back yard. Buyer/buyer's agent to verify info.

Last Agent to Sell the Property

Gordon Newman

Century 21 Legacy - Greeneville License #TN# 294973 VA # 0225197251 Listed on: 02/12/2016

Century 21 Legacy - Greeneville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $535

Year Built

  • Built in 1915

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot
  • Property is in below average condition

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,424 Sq Ft Home
  • 2-Story Property
  • Paneling

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Love Chapel Elementary School
  • Unicoi Co Middle School
  • Unicoi Co High School

Utilities

  • Central Heating and Cooling System

Community Details

  • FHA/VA Approved Complex

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 001.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$535

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Directions: Turn right on Main St., bear left on Love St., right onto S. Elm. to Academy.
  • Prop. Type: Residential
  • Year Built: 1915
  • Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: In Foreclosure
  • Architectural Style: Cottage
  • Unit Levels: Two
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: Yes
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.21
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Love Chapel
  • General Property Description Middle School2: Unicoi Co
  • General Property Description High School3: Unicoi Co
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: +/- .21 Acres
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1424.0
  • General Property Description Above Grade SqFt: 1424.0
  • AC Central Air: Yes
  • TopographyLot Description Level2: Yes
  • General Property Description Parcel ID2: 001.00
  • Roof Shingle: Yes
  • Financing FHA: Yes
  • General Property Description Stories2: 2
  • Walls Paneling: Yes
  • Property Condition Below Average: Yes
  • Levels:Two: Yes
  • Structure Type:House: Yes
  • Special Features: 1028

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Total Bedrooms: 6
  • General Property Description Baths - Full: 2

Exterior Features

  • Property Condition: Below Average
  • Roof: Shingle
  • Acres: 0.21
  • Topography: Level
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Exterior Finish Vinyl Siding: Yes

Garage/Parking

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

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Schools

  • Elementary School: Love Chapel
  • High School: Unicoi Co
  • Middle Or Junior School: Unicoi Co

Lot Info

  • Zoning: Residential
  • Lot Dimensions: +/- .21 Acres
  • Lot Size Sq Ft: 9147.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 001.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2016
Closed on
Nov 14, 2016
Sold by
Secretary Of Housing And U
Bought by
Senn Lilly A
Seller's Agent
Gordon Newman
Century 21 Legacy - Greeneville
List Price
$64,900
Sold Price
$35,000
Premium/Discount to List
-$29,900
-46.07%
Current Estimated Value
$194,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,990
Avg. Annual Appreciation
21.16%

Purchase Details

Closed on
Jan 5, 2016
Sold by
Tennessee Housing Development Agency
Bought by
Secretary Of Housing And Urban Developme and C/O Information Systems Networks Crop

Purchase Details

Closed on
May 21, 2010
Sold by
Daniel Mary E
Bought by
Jackson Bryan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,704
Interest Rate
5.35%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 26, 2007
Sold by
Keller Brian K
Bought by
Duke Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,000
Interest Rate
6.29%

Purchase Details

Closed on
Feb 17, 1995
Bought by
Keller Brian K and Keller Tammy E
Source: Public Records

Range of Values:

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Average Value
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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
Senn Lilly A $35,000 --
Secretary Of Housing And Urban Developme -- --
Jackson Bryan D $89,900 --
Duke Mary E $71,000 --
Keller Brian K $45,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Keller Brian K $88,704
Previous Owner Keller Brian K $71,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2016 11/14/16 Sold $35,000 -46.1% $25 / Sq Ft
10/07/2016 10/07/16 Pending -- -- --
02/11/2016 02/11/16 For Sale $64,900 -- $46 / 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 $535 $20,500 $6,000 $14,500
2023 $535 $20,500 $0 $0
2022 $800 $20,500 $6,000 $14,500
2021 $735 $15,600 $4,000 $11,600
2020 $709 $15,600 $4,000 $11,600
2019 $709 $15,600 $4,000 $11,600
2018 $647 $15,600 $4,000 $11,600
2017 $645 $15,600 $4,000 $11,600
2016 $854 $20,875 $4,000 $16,875
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 372841

Tennessee/Virginia Regional MLS

APN: 031C-B-00100-000