NOT LISTED FOR SALE

490 Hospital Rd Mountain City, TN 37683

Estimated Value: $243,000 - $344,000

-- Bed
3 Baths
1,824 Sq Ft
$163/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $206,000 $113 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,683/month

201 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Two Cooling Systems Mounted To A Wall/Window
  • Ranch Style House
  • Double Pane Windows
  • Shed

About This Home

As of February 2022

Well maintained duplex just outside of Mountain City with leases and tenants in place just ready to add to your investment portfolio! Units are a mirrored image of each other with 2 beds, 1 bath, a spacious living area, kitchen/dining combo, and a stackable washer/dryer each. Paved access all the home home, with each unit having a separate paved drive. Large, gentle yard has a privacy fence with a large storage building out back and a fire pit, as well as attached storage rooms in the rear of the home for each unit. Minutes from Mountain City in a convenient but peaceful setting, these units are sure to stay rented. Or utilize it for yourself and friends/family members starting January 1 if you desire. Newer roof, heat pump, flooring, plumbing mean that you can take ownership and begin utilizing today without dreaded updated and improvements. Come and see today.

Last Agent to Sell the Property

Joel Farthing

Boone Real Estate Listed on: 07/08/2021

Last Buyer's Agent

NONMLS MEMBER

NONMLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $687

Year Built

  • Built in 1990

Lot Details

  • 0.41 Acre Lot
  • Partially Fenced Property

Home Design

  • Duplex
  • Ranch Style House
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,824 Sq Ft Home
  • Double Pane Windows
  • Mountain Views
  • Crawl Space

Kitchen

  • Electric Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shed
  • Outbuilding

Schools

  • Tn Elementary School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Central Air
  • Heat Pump System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 033K C 006.00 000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$687

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.41
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Year Built: 1990
  • Property Sub Type Additional: Duplex,Multi Family
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Window Features: Double Pane Windows

Exterior Features

  • Fencing: Partial
  • View: Mountain(s)
  • View: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Exterior Features: Fence, Out Building(s), Storage
  • Other Structures: Outbuilding, Shed(s)
  • Roof: Asphalt, Shingle

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Heat Pump, 2 Units
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association: No

Schools

  • Elementary School: TN
  • High School: Out of Area

Lot Info

  • Parcel #: 033K C 006.00 000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2

Tax Info

  • Tax Annual Amount: 686.75
  • Tax Book Number: 172/922

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Feb 25, 2022
Sold by
Wade Moretz Ernest and Wade Lynne Peri
Bought by
Bruce William and Bruce Dava Noelle
Seller's Agent
Joel Farthing
Boone Real Estate
Buyer's Agent
NONMLS MEMBER
NONMLS
List Price
$206,000
Sold Price
$206,000
Current Estimated Value
$296,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,457
Avg. Annual Appreciation
11.66%
Original Mortgage
$206,000
Outstanding Balance
$192,013
Interest Rate
3.55%
Mortgage Type
VA
Estimated Equity
$111,058

Purchase Details

Closed on
Jun 12, 2006
Sold by
Mabe Millard J
Bought by
Wade Moretz Ernest

Purchase Details

Closed on
Dec 6, 1990
Bought by
Mabe Millard J

Purchase Details

Closed on
Sep 6, 1988
Bought by
Dowell James Ross and Dowell Frances

Purchase Details

Closed on
Sep 14, 1968
Bought by
Icenhour Joel Everette and Icenhour Margaret M
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
Bruce William $206,000 Walker & Wright
Wade Moretz Ernest $110,000 --
Mabe Millard J $72,500 --
Dowell James Ross $2,500 --
Icenhour Joel Everette -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bruce William $206,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold $206,000 0.0% $113 / Sq Ft
01/26/2022 01/26/22 Pending -- -- --
07/08/2021 07/08/21 For Sale $206,000 -- $113 / Sq Ft
Source: High Country Association of REALTORS®

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 $804 $36,400 $4,625 $31,775
2023 $804 $36,400 $4,625 $31,775
2022 $659 $36,400 $4,625 $31,775
2021 $659 $36,400 $4,625 $31,775
2020 $687 $36,400 $4,625 $31,775
2019 $687 $33,500 $4,625 $28,875
2018 $687 $33,500 $4,625 $28,875
2017 $687 $33,500 $4,625 $28,875
2016 $687 $33,500 $4,625 $28,875
2015 $606 $33,500 $4,625 $28,875
2014 $622 $34,350 $4,625 $29,725
Source: Public Records

Agents Affiliated with this Home

  • Joel Farthing

    Seller's Agent in 2022

    Joel Farthing

    Boone Real Estate

    (828) 773-3384

    261 Total Sales

    Joel Farthing
    Section Image

  • N

    Buyer's Agent in 2022

    NONMLS MEMBER

    NONMLS

    2,470 Total Sales

    NONMLS MEMBER
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 231762

High Country Association of REALTORS®

APN: 033K-C-006.00

Tennessee Johnson County Mountain City 37683

490 Hospital Rd, Mountain City, TN

This home is located at 490 Hospital Rd, Mountain City, TN 37683 since 08 July 2021 and is currently estimated at $296,457, approximately $162 per square foot. This property was built in 1990. 490 Hospital Rd is a home located in Johnson County with nearby schools including Johnson County Middle School, Johnson County High School, and Mountain Youth Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

High Country Association of REALTORS® IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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