NOT LISTED FOR SALE

408 Walnut St Erwin, TN 37650

Estimated Value: $113,000 - $172,000

2 Beds
2 Baths
949 Sq Ft
$143/Sq Ft Est. Value

Last Sold January 10, 2020

Last sale price $55,500 $58 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $753/month

39 Days on Market

Highlights

  • Cottage
  • Shed
  • Power Generator
  • Covered Patio or Porch
  • Central Heating and Cooling System
  • Property is Fully Fenced

About This Home

As of January 2020

Cozy 1 Story Cottage with two bedrooms and two baths, right in the heart of Erwin. The home features newer laminate wood flooring and a new refrigerator and stove. The home has a low maintenance lot that is fenced. There is a 1 car detached garage and also an additional storage building. The home is wired for a Generator. The home is being sold ''As Is''. All information contained herein deemed reliable but not guaranteed, should be verified by the buyer/buyer's agent. Sq Ft Apprx.

Last Agent to Sell the Property

MARGARET TOWNSON

Property Executives Johnson City License #343488 Listed on: 11/07/2019

Last Buyer's Agent

Aaron Peterson

Hurd Realty, LLC License #341062

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 50 x 153
  • Property is Fully Fenced
  • Level Lot
  • Cleared Lot
  • Property is in average condition
  • Property is zoned B 2

Parking

  • 1 Car Garage

Home Design

  • Cottage
  • Plaster Walls
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 949 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Crawl Space

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Shed
  • Outbuilding

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Power Generator

Listing and Financial Details

  • Assessor Parcel Number 031F H 012.00

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Directions: I26E, take Exit 37, left onto Jonesborough Rd, Right onto N. Main Ave., Left onto Love St., Right onto Carolina Ave, Left onto Watauga Ave, and Left onto Walnut St, Home is on the Right
  • Prop. Type: Residential
  • Year Built: 1920
  • Garage Garage Spaces: 1
  • Property Sub Type: Single Family Residence
  • Architectural Style: 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 Zoning2: B 2
  • 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: 50 x 153
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 949.0
  • AC Central Air: Yes
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • General Property Description Parcel ID2: 031F H 012.00
  • General Property Description Stories2: 1
  • Other Structures Outbuilding: Yes
  • Other Structures Shed(s): Yes
  • Flooring Laminate: Yes
  • TopographyLot Description Cleared: Yes
  • Roof Metal3: Yes
  • Walls Plaster: Yes
  • Property Condition Average: Yes
  • Other Structures Storage2: Yes
  • Fencing Full2: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Other Equipment Generator: Yes
  • Special Features: None

Interior Features

  • Other Equipment: Generator
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Has Basement: Crawl Space
  • Flooring: Laminate
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • General Property Description Baths - Full: 2
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Metal
  • Other Structures: Outbuilding, Shed(s), Storage
  • Exterior Features: Other
  • Fencing: Full
  • Topography: Cleared, Level
  • Home Warranty: No
  • Construction Type: Vinyl Siding, Plaster
  • Patio And Porch Features: Covered, Front Porch
  • Exterior Finish Vinyl Siding: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Front Porch: Yes

Garage/Parking

  • Parking Features: Concrete
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Concrete2: Yes

Utilities

  • Heating: Central, Natural Gas
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Natural Gas2: Yes

Schools

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

Lot Info

  • Zoning: B 2
  • Lot Dimensions: 50 x 153
  • Parcel #: 031F H 012.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2019
Closed on
Jan 10, 2020
Sold by
Sullins Ava R and Garves Donna L
Bought by
Peterson Michael D and Peterson Charlene S
Seller's Agent
MARGARET TOWNSON
Property Executives Johnson City
Buyer's Agent
Aaron Peterson
Hurd Realty, LLC
List Price
$69,900
Sold Price
$55,500
Premium/Discount to List
-$14,400
-20.6%
Current Estimated Value
$135,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,091
Avg. Annual Appreciation
16.17%

Purchase Details

Closed on
Feb 23, 2007
Sold by
Barnett Leonard
Bought by
Sullins Douglas
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Peterson Michael D $55,500 Debbie Title
Sullins Douglas $65,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2020 01/10/20 Sold $55,500 -20.6% $58 / Sq Ft
12/17/2019 12/17/19 Pending -- -- --
11/07/2019 11/07/19 For Sale $69,900 -- $74 / 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
2025 $517 $19,800 $3,125 $16,675
2024 $517 $19,800 $3,125 $16,675
2023 $517 $19,800 $0 $0
2022 $772 $19,800 $3,125 $16,675
2021 $730 $15,475 $2,500 $12,975
2020 $703 $15,475 $2,500 $12,975
2019 $703 $15,475 $2,500 $12,975
2018 $641 $15,475 $2,500 $12,975
2017 $639 $15,475 $2,500 $12,975
2016 $670 $16,375 $2,500 $13,875
2015 $616 $16,375 $0 $0
2014 $616 $16,375 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9901861

Tennessee/Virginia Regional MLS

APN: 031F-H-01200-000