NOT LISTED FOR SALE

409 Forbes St Kingsport, TN 37665

Estimated Value: $275,000 - $321,980

4 Beds
2 Baths
3,574 Sq Ft
$81/Sq Ft Est. Value

Last Sold October 04, 2019

Last sale price $165,000 $46 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,724/month

7 Days on Market

Highlights

  • Second Kitchen
  • Wood Flooring
  • In-Law or Guest Suite
  • Ross N. Robinson Middle School Rated A
  • Attached Garage
  • Built-In Features

About This Home

As of October 2019

INVESTMENT OPPORTUNITY OF A LIFETIME with 3 homes in 1 !!! Rental potential, multi family living, SO much to offer. The most costly things have already been replaced. Total Square FT = 3574 Price per square foot of living space is a BARGAIN!!1787 SQ FT on ONE LEVEL : 4 BD / 2 Full Baths, Full brick, Brand new windows throughout, Newer roof, New Heat Pump, Full 8 camera security system, Beautiful hard wood floors, Laundry on main, 2 fenced in dog areas, & Large carport. PLUS an ADDITIONAL 1787 SQ FT on LOWER LEVEL with 2-1 BD/1 BATH APTS offering Separate entrances, Lower level laundry area, New Ductless Heat Pumps for each apartment, and abundant parking. Home has complete Radon mitigation system in place. All appliances currently in home to be sold with the property! This one is not a drive by. Ease the financial burden of home buying by letting the apartments pay your mortgage. Make an appointment to check it out TODAY!!!! Buyer/Broker to confirm all information.

Last Agent to Sell the Property

GERI TRENT

Premier Homes & Properties License #345139 Listed on: 08/28/2019

Last Buyer's Agent

Kevin Marsh

KW Johnson City License #282401

KW Johnson City

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • Fenced Front Yard
  • Sloped Lot
  • Property is in average condition
  • Property is zoned R 1B

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Radon Mitigation System

Interior Spaces

  • 3,574 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Paneling
  • Utility Room

Kitchen

  • Second Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • 2 Carport Spaces

Outdoor Features

  • Shed
  • Outbuilding

Schools

  • Kennedy Elementary School
  • Robinson Middle School
  • Dobyns Bennett High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Community Details

  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 0301 E 013.00

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Directions: GPS Friendly...From Lynn Garden Drive Turn onto Gravely Road. Go .04 turn R onto Oak Drive Circle. Go .02 turn R onto Dean Street. In .02 turn R onto Forbes Street. Home in on the Right.
  • Prop. Type: Residential
  • Year Built: 1964
  • Garage Carport Spaces: 2
  • Property Sub Type: Single Family Residence
  • 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: R 1B
  • General Property Description Elementary School3: Kennedy
  • General Property Description Middle School2: Robinson
  • General Property Description High School3: Dobyns Bennett
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 386x170 IRR
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 3574.0
  • AC Central Air: Yes
  • Appliances Microwave: Yes
  • Flooring Hardwood: Yes
  • Flooring Tile2: Yes
  • General Property Description Parcel ID2: 0301 E 013.00
  • Roof Shingle: Yes
  • Financing FHA: Yes
  • Other Structures Outbuilding: Yes
  • Other Structures Shed(s): Yes
  • TopographyLot Description Sloped: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Utilities Cable Connected: Yes
  • Walls Paneling: Yes
  • Property Condition Average: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Other Structures Storage2: Yes
  • Other Rooms In Law Suite: Yes
  • Fencing Front Yard: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Washer
  • Has Basement: Exterior Entry, Finished, Full, Interior Entry, Walk-Out Access
  • Flooring: Hardwood, Tile
  • Interior Amenities: Primary Downstairs, Built-in Features, Radon Mitigation System, Security System, Smoke Detector(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1787.0
  • Total Bedrooms: 4
  • General Property Description Baths - Full: 2
  • InteriorFeatures:Smoke Detector(s): Yes
  • Appliances Dishwasher: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Interior Entry: Yes
  • Basement:Walk-Out Access: Yes
  • Interior Features:Built-in Features: Yes
  • Appliances:Electric Range: Yes
  • Other Rooms:Utility Room: Yes
  • Full Basement: Yes
  • Basement:Basement Finished2: Yes
  • Interior Features Security System2: Yes
  • Interior Features Radon Mitigation System: Yes
  • Interior Features:Primary Downstairs: Yes
  • Other Rooms:_two_nd Kitchen: Yes
  • Other Rooms:Apartment: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Shingle
  • Other Structures: Outbuilding, Shed(s), Storage
  • Fencing: Front Yard
  • Topography: Sloped
  • Home Warranty: No
  • Construction Type: Brick
  • Exterior Finish Brick4: Yes

Garage/Parking

  • Parking Features: Asphalt, Attached
  • Attached Garage: Yes
  • Parking Features:Asphalt2: Yes
  • Parking Features:Attached: Yes

Utilities

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

Schools

  • Elementary School: Kennedy
  • High School: Dobyns Bennett
  • Middle Or Junior School: Robinson

Lot Info

  • Zoning: R 1B
  • Lot Dimensions: 386x170 IRR
  • Parcel #: 0301 E 013.00

Tax Info

  • Tax Book Number: 3167

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2019
Closed on
Oct 4, 2019
Sold by
Haynes Joni E
Bought by
Dykes Darrell Lynn and Dykes Racheal Amelia
Seller's Agent
GERI TRENT
Premier Homes & Properties
Buyer's Agent
Kevin Marsh
KW Johnson City
List Price
$168,500
Sold Price
$165,000
Premium/Discount to List
-$3,500
-2.08%
Current Estimated Value
$290,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,245
Avg. Annual Appreciation
10.29%
Original Mortgage
$162,011
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 24, 2015
Sold by
Starnes Donna L
Bought by
Haynes Brian T and Haynes Joni E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,975
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2015
Sold by
Mccurry Jewel Joan
Bought by
Starnes Donna L and Mccurry Joseph A
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
Dykes Darrell Lynn $165,000 Classic Title Ins Co Inc
Haynes Brian T -- --
Starnes Donna L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dykes Darrell Lynn $161,000
Closed Dykes Darrell Lynn $162,011
Previous Owner Haynes Brian T $50,000
Previous Owner Haynes Brian T $104,975
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2019 10/04/19 Sold $165,000 -2.1% $46 / Sq Ft
09/05/2019 09/05/19 Pending -- -- --
08/28/2019 08/28/19 For Sale $168,500 -- $47 / 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 -- $41,925 $2,725 $39,200
2023 $1,847 $41,925 $2,725 $39,200
2022 $1,847 $41,925 $2,725 $39,200
2021 $1,796 $41,925 $2,725 $39,200
2020 $989 $41,925 $2,725 $39,200
2019 $1,784 $38,500 $2,750 $35,750
2018 $1,742 $38,500 $2,750 $35,750
2017 $1,742 $38,500 $2,750 $35,750
2016 $1,472 $31,700 $2,750 $28,950
2014 $1,387 $31,696 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 426525

Tennessee/Virginia Regional MLS

APN: 030I-E-013.00