NOT LISTED FOR SALE

405 Sequoyah Dr Kingsport, TN 37660

Estimated Value: $90,000 - $136,000

3 Beds
1 Bath
1,066 Sq Ft
$103/Sq Ft Est. Value

Last Sold July 06, 2020

Last sale price $47,500 $45 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $621/month

1 Day on Market

Highlights

  • Cooling Available
  • Utility Room
  • Level Lot
  • Ross N. Robinson Middle School Rated A
  • Concrete Flooring
  • Heat Pump System

About This Home

As of July 2020

Priced below tax appraisal and the perfect opportunity to invest in property located in downtown Kingsport. This single unit duplex features 3 bedrooms, 1 bath, eat in kitchen with stainless range and dishwasher, heat
pump, flat lot and Kingsport City amenities. Not to mention within walking distance to restaurants, banking, downtown shopping and medical care. KATS route stops are also nearby. No steps and could easily be
modified to comply with ADA regulations. Little yard work and an outdoor storage shed that remains. Previously utilized as rental property yielding $675 monthly rental income. Inspections for buyers punch list
only as this home is being sold ''AS IS.'' Information taken from tax records and deemed reliable, however buyers and buyer's agent are to confirm all information contained within this listing.

Last Agent to Sell the Property

CHARITY MURPHY

Weichert Realtors Saxon Clark KPT License #347324 Listed on: 06/20/2020

Last Buyer's Agent

Charity Murphy

Elevation Real Estate & Property Group License #347324

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1943

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot
  • Property is zoned R2

Home Design

  • Fixer Upper
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,066 Sq Ft Home
  • Utility Room
  • Washer and Electric Dryer Hookup
  • Pull Down Stairs to Attic

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Parquet
  • Carpet
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling Available
  • Heat Pump System

Additional Features

  • Outbuilding
  • Flood Zone Lot

Community Details

  • Cherokee Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 046h F 033.00

Home Details

Home Type

Single Family

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Directions: From 11-W/West Stone Drive: Right onto Clinchfield Street. Left onto Sequoyah Drive. 405 Sequoyah Drive on left.
  • Prop. Type: Residential
  • Year Built: 1943
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Cherokee Village
  • Architectural Style: Duplex
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.18
  • General Property Description Zoning2: R2
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 50 x 159.72 IRR
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1066.0
  • TopographyLot Description Level2: Yes
  • General Property Description Parcel ID2: 046h F 033.00
  • AC Heat Pump3: Yes
  • Other Structures Outbuilding: Yes
  • Roof Composition: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Property Condition Fixer: Yes
  • Flooring Vinyl: Yes
  • Attic Pull Down Stairs: Yes
  • Flooring Parquet: Yes
  • Flooring Concrete4: Yes
  • TopographyLot Description Flood Zone2: Yes
  • Style Duplex: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range
  • Flooring: Carpet, Concrete, Parquet, Vinyl
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 5
  • General Property Description Baths - Full: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Other Rooms:Utility Room: Yes

Exterior Features

  • Property Condition: Fixer
  • Roof: Composition
  • Other Structures: Outbuilding
  • Acres: 0.18
  • Topography: Flood Zone, Level
  • Home Warranty: No
  • Construction Type: Brick
  • Exterior Finish Brick4: Yes

Garage/Parking

  • Parking Features: Asphalt, Parking Spaces
  • Attached Garage: No
  • Parking Features:Asphalt2: Yes
  • Parking Features:Parking Spaces: Yes

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Lot Info

  • Zoning: R2
  • Lot Dimensions: 50 x 159.72 IRR
  • Lot Size Sq Ft: 7840.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 046h F 033.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 2923C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2020
Closed on
Jul 6, 2020
Sold by
Fuqua Rebecca L
Bought by
Mccloud Michael Dustin
Seller's Agent
CHARITY MURPHY
Weichert Realtors Saxon Clark KPT
Buyer's Agent
Charity Murphy
Elevation Real Estate & Property Group
List Price
$55,000
Sold Price
$47,500
Premium/Discount to List
-$7,500
-13.64%
Current Estimated Value
$109,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,425
Avg. Annual Appreciation
17.15%

Purchase Details

Closed on
Nov 5, 2010
Sold by
Woodby Jennifer V Morales
Bought by
Fuqua Rebecca L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,400
Interest Rate
4.33%

Purchase Details

Closed on
Dec 22, 2003
Sold by
Skinner Wendell L and Skinner Rachel W
Bought by
Morales Jennifer V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,103
Interest Rate
5.82%

Purchase Details

Closed on
Nov 20, 1998
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
Mccloud Michael Dustin $47,500 None Available
Fuqua Rebecca L $54,900 --
Morales Jennifer V $45,000 --
-- $21,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner -- $57,400
Previous Owner -- $45,103
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2020 07/06/20 Sold $47,500 -13.6% $45 / Sq Ft
06/22/2020 06/22/20 Pending -- -- --
06/20/2020 06/20/20 For Sale $55,000 -- $52 / 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 -- $10,975 $3,075 $7,900
2023 $483 $10,975 $3,075 $7,900
2022 $483 $10,975 $3,075 $7,900
2021 $470 $10,975 $3,075 $7,900
2020 $418 $10,975 $3,075 $7,900
2019 $754 $16,275 $3,075 $13,200
2018 $736 $16,275 $3,075 $13,200
2017 $736 $16,275 $3,075 $13,200
2016 $647 $13,925 $1,675 $12,250
2014 $609 $13,915 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9909398

Tennessee/Virginia Regional MLS

APN: 046H-F-033.00