NOT LISTED FOR SALE

407 New Midway Rd Kingston, TN 37763

Estimated Value: $81,000 - $242,000

2 Beds
2 Baths
1,215 Sq Ft
$136/Sq Ft Est. Value

Last Sold August 15, 2023

Last sale price $75,000 $62 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $906/month

2 Days on Market

Highlights

  • 1.9 Acre Lot
  • Creek On Lot
  • No HOA
  • Countryside Views
  • Traditional Architecture
  • Enclosed Patio or Porch

About This Home

As of August 2023

1.9 acres east of Kingston with 1945 home that needs major renovations. Renovate the home or build new. Land is unrestricted so mobiles allowed. A 2 bedroom septic system was installed in 2001 and there is city water. Small wet weather creek on the property. The yard is level and makes a pretty homesite. Internet service is through AT&T. This rural location is loved by many with an easy drive to Kingston, Lenoir City or West Knoxville. Property is being sold As is Where is. This is a cash sale only.

Last Agent to Sell the Property

Denise Fritts

Covenant Broker Real Estate, L License #251052 Listed on: 07/24/2023

Last Buyer's Agent

Keith Allison

United Real Estate Solutions

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $473

Year Built

  • Built in 1945

Lot Details

  • 1.9 Acre Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,215 Sq Ft Home
  • Storage
  • Countryside Views
  • Crawl Space
  • Eat-In Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Carport
  • Parking Available

Outdoor Features

  • Creek On Lot
  • Enclosed Patio or Porch
  • Outdoor Storage
  • Storage Shed

Schools

  • Cherokee Middle School
  • Roane County High School

Utilities

  • No Cooling
  • Heating Available
  • Septic Tank
  • Internet Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 070 055.02

Home Details

Home Type

Single Family

Est. Annual Taxes

$473

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Directions: Hwy 70 to New Midway Rd. Property on left just past Meade Rd.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1945
  • Lot Size Acres: 1.9
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • General Property Description:Fireplace: No
  • General Property Description:SqFt - Main Lvl: 1215.0
  • General Property Description:HOA: No
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: No
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Siding:Vinyl2: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Dining Area:Eat-in Kitchen: Yes
  • Misc Features:Internet Available: Yes
  • Water:Public: Yes
  • Outbuildings:Storage Shed: Yes
  • Lot Description:Creek: Yes
  • Cooling:None12: Yes
  • Heat:None13: Yes
  • Special Features: None

Interior Features

  • Has Basement: Crawl Space
  • Fireplace: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Flooring: Carpet, Vinyl
  • Basement:Crawl Space: Yes
  • Fireplace:None15: Yes
  • Appliances:Other18: Yes

Exterior Features

  • Exterior Features: Porch - Enclosed
  • View: Country Setting
  • Lot Features: Creek, Level
  • Construction Type: Vinyl Siding, Frame
  • Other Structures: Storage
  • Construction:Frame: Yes
  • Exterior Features:Porch - Enclosed: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport, Main Level
  • GarageParking:Main Level: Yes
  • GarageParking:Carport: Yes

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None, Electric
  • Heating Yn: No
  • Sewer Septic Tank: Yes

Schools

  • High School: Roane County
  • Middle Or Junior School: Cherokee

Lot Info

  • Lot Size Sq Ft: 82764.0
  • Parcel #: 070 055.02
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2023
Closed on
Aug 15, 2023
Sold by
Alter George
Bought by
Summers Ashley
Seller's Agent
Denise Fritts
Covenant Broker Real Estate, L
Buyer's Agent
Keith Allison
United Real Estate Solutions
List Price
$95,000
Sold Price
$75,000
Premium/Discount to List
-$20,000
-21.05%
Views
96
Current Estimated Value
$165,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,254
Avg. Annual Appreciation
43.20%

Purchase Details

Closed on
Sep 8, 2006
Sold by
Littlefield Suzanne A Trus
Bought by
George Alter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,800
Interest Rate
11.49%

Purchase Details

Closed on
May 13, 2004
Sold by
Tony Epps
Bought by
Epps Tony Living Trust

Purchase Details

Closed on
Feb 1, 2001
Bought by
Epps Tony
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
Summers Ashley $75,000 Foothills Title Services
George Alter $82,000 --
Epps Tony Living Trust -- --
Epps Tony $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Epps Tony $73,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2023 08/15/23 Sold $75,000 -21.1% $62 / Sq Ft
07/27/2023 07/27/23 Pending -- -- --
07/24/2023 07/24/23 For Sale $95,000 -- $78 / Sq Ft
Source: East Tennessee REALTORS® 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 $473 $19,700 $6,425 $13,275
2023 $473 $19,700 $6,425 $13,275
2022 $473 $19,700 $6,425 $13,275
2021 $487 $19,700 $6,425 $13,275
2020 $487 $19,700 $6,425 $13,275
2019 $519 $19,325 $5,150 $14,175
2018 $498 $19,325 $5,150 $14,175
2017 $498 $19,325 $5,150 $14,175
2016 $498 $19,325 $5,150 $14,175
2015 $498 $19,325 $5,150 $14,175
2013 -- $22,375 $5,800 $16,575
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1234200

East Tennessee REALTORS® MLS

APN: 070-055.02