$67,000
SOLD JAN 9, 2015

412 Dotson Ln Mountain City, TN 37683

4 Beds
2 Baths
1,904 Sq Ft
0.56 Acres

Recently Sold

$35 Per Sq Ft

36% Below List Price

71 Days on Market

Highlights

  • Deck
  • Sun or Florida Room
  • Patio
  • Main Floor Primary Bedroom
  • Cooling Available
  • Entrance Foyer

About This Home

As of September 2015

Great Peaceful Location Nestled in the Foothills of Upper East Tennessee. Spacious Split Foyer Style home with room to grow!! Popular Open Floor plan with the main level having nice size living room with adjoining kitchen and dining area with access to the enclosed sunroom, Master bedroom and 2nd bedroom with bath. The bottom level with large family room, 2 bedrooms with bath grouped around a center hall. Additional features include 2 BRAND NEW Heat Pumps  one for each level, laundry area, back patio and deck, storage building and pretty mountain views. Great location with year round activities being just minutes to the Pristine Waters of Watauga Lake, approx. 30 mins to Boone, NC with all ski resorts. This one needs some cosmetic TLC  Great buy  come check this one out!

Last Agent to Sell the Property

LISTINGS TRANSFERRED

Mountain Aire Realty, LLC Listed on: 10/05/2014

Last Buyer's Agent

CHRIS MULLINS

Mullins Real Estate & Auction License #302365

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1976

Lot Details

  • 0.56 Acre Lot
  • Level Lot
  • Property is in average condition

Parking

  • Gravel Driveway

Home Design

  • Split Foyer
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Entrance Foyer
  • Combination Kitchen and Dining Room
  • Sun or Florida Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Schools

  • Mountain City Elementary School
  • Johnson Co Middle School
  • Johnson Co High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank

Community Details

  • FHA/VA Approved Complex

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 055J A 002.00

Home Details

Home Type

Single Family

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Directions: Take 421 towards Trade, 1 mile past Food City, turn right on Dotson Lane, see house on left.
  • Prop. Type: Residential
  • Year Built: 1976
  • Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: In Foreclosure
  • Architectural Style: Split Foyer
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: Yes
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.56
  • General Property Description Zoning2: Res
  • General Property Description Elementary School3: Mountain City
  • General Property Description Middle School2: Johnson Co
  • General Property Description High School3: Johnson Co
  • Water Public: Yes
  • General Property Description Lot Dimensions: 123.04 X 200.11 IRR
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1904.0
  • General Property Description Above Grade SqFt: 984.0
  • TopographyLot Description Level2: Yes
  • General Property Description Parcel ID2: 055J A 002.00
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • General Property Description Stories2: 2
  • Interior Features KitchenDining Combo: Yes
  • TopographyLot Description Sloped: Yes
  • Flooring Carpet: Yes
  • Flooring Laminate: Yes
  • Style Split Foyer: Yes
  • Property Condition Average: Yes
  • RoofAsphalt: Yes
  • Structure Type:House: Yes
  • Special Features: 1028

Interior Features

  • Has Basement: Finished, Full
  • Flooring: Carpet, Laminate
  • Interior Amenities: Primary Downstairs, Entrance Foyer, Kitchen/Dining Combo
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 920.0
  • Total Bedrooms: 7
  • General Property Description Baths - Full: 2
  • Interior Features:Entrance Foyer: Yes
  • Full Basement: Yes
  • Basement:Basement Finished2: Yes
  • Interior Features:Primary Downstairs: Yes
  • Other Rooms:Sun Room - Unheated: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Asphalt
  • Acres: 0.56
  • Topography: Level, Sloped
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck, Patio
  • Exterior Finish Vinyl Siding: Yes
  • PorchPatioDeck Deck: Yes
  • PorchPatioDeck Patio: Yes

Garage/Parking

  • Parking Features: Gravel, None
  • Attached Garage: No
  • Parking Features:Gravel: Yes

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Tank
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Schools

  • Elementary School: Mountain City
  • High School: Johnson Co
  • Middle Or Junior School: Johnson Co

Lot Info

  • Zoning: Res
  • Lot Dimensions: 123.04 X 200.11 IRR
  • Lot Size Sq Ft: 24393.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 055J A 002.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2015
Closed on
Sep 24, 2015
Sold by
Mullins Christopher
Bought by
Mann Erica S
Seller's Agent
CHRIS MULLINS
Mullins Real Estate & Auction
Buyer's Agent
CHRIS MULLINS
Mullins Real Estate & Auction
List Price
$119,000
Sold Price
$110,000
Premium/Discount to List
-$9,000
-7.56%
Current Estimated Value
$238,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,496
Avg. Annual Appreciation
8.18%
Original Mortgage
$108,007
Outstanding Balance
$86,672
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$153,400

Purchase Details

Listed on
Oct 5, 2014
Closed on
Dec 16, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Mullins Chris and Mullins Amanda
Seller's Agent
LISTINGS TRANSFERRED
Mountain Aire Realty, LLC
Buyer's Agent
CHRIS MULLINS
Mullins Real Estate & Auction
List Price
$104,900
Sold Price
$67,000
Premium/Discount to List
-$37,900
-36.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
101.03%
Original Mortgage
$55,401
Interest Rate
4.01%
Mortgage Type
Cash

Purchase Details

Closed on
Aug 8, 2014
Bought by
Small Jeanette

Purchase Details

Closed on
Feb 8, 1992
Bought by
Pardue Robert B and Pardue Helen P

Purchase Details

Closed on
Mar 21, 1991
Bought by
Campbell Lynn E and Campbell Shirley

Purchase Details

Closed on
Jan 4, 1986
Bought by
Campbell Lynn E Shirley
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 Type Sale Price Title Company
Warranty Deed $110,000 --
Special Warranty Deed $67,000 --
Trustee Deed -- --
Deed $85,025 --
Warranty Deed $50,000 --
Warranty Deed $100 --
Warranty Deed $37,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $108,007 FHA
Previous Owner $55,401 Cash
Previous Owner $87,200 New Conventional
Previous Owner $30,183 New Conventional
Previous Owner $15,343 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2015 09/24/15 Sold $110,000 -7.6% $58 / Sq Ft
08/07/2015 08/07/15 Pending -- -- --
03/24/2015 03/24/15 For Sale $119,000 +77.6% $63 / Sq Ft
01/09/2015 01/09/15 Sold $67,000 -36.1% $35 / Sq Ft
12/15/2014 12/15/14 Pending -- -- --
10/04/2014 10/04/14 For Sale $104,900 -- $55 / 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 -- $31,400 $5,750 $25,650
2023 $694 $31,400 $5,750 $25,650
2022 $568 $31,400 $5,750 $25,650
2021 $885 $31,400 $5,750 $25,650
2020 $834 $31,400 $5,750 $25,650
2019 $820 $26,375 $5,175 $21,200
2018 $820 $26,075 $5,175 $20,900
2017 $820 $26,075 $5,175 $20,900
2016 $820 $26,075 $5,175 $20,900
2015 $746 $26,075 $5,175 $20,900
2014 $793 $27,725 $5,025 $22,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 354665

Tennessee/Virginia Regional MLS

APN: 055J-A-002.00