NOT LISTED FOR SALE

500 Island Rd Kingsport, TN 37664

Estimated Value: $311,839 - $450,000

2.34 Acres
$161,842 Price per Acre
101,930 Sq Ft Lot

Last Sold September 16, 2014

Last sale price $20,000

Est. 1,794% increase in value since last sale

Current estimated payment $2,085/month

12 Days on Market

About This Lot

As of September 2014

New Listing TBA

Last Agent to Sell the Property

Lynn Byrd

Byrd Home Team License #TN 250985,VA 0225064241 Listed on: 07/01/2014

Byrd Home Team

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,098

Lot Details

  • 2.34 Acre Lot
  • Lot Has A Rolling Slope
  • Property is zoned RS

Schools

  • Indian Springs Elementary School
  • Central Middle School
  • West Ridge High School

Utilities

  • Septic Tank

Community Details

  • No Home Owners Association
  • Kingsport Subdivision

Listing and Financial Details

  • Assessor Parcel Number 048 081.05

Property Details

Property Type

Land

Est. Annual Taxes

$1,098

Lot Details

0

Listing Details

  • Directions: From Kingsport Memorial Blvd. to left on Island Rd., property is on the right, look for the RE/MAX signs!
  • Prop. Type: Land
  • Road Frontage Type: City Street
  • Subdivision Name: Kingsport
  • Location Tax Legal Info Parcel ID: 048 081.05
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 2.34
  • General Property Description Zoning2: RS
  • General Property Description Elementary School3: Indian Springs
  • General Property Description Middle School2: Central
  • General Property Description High School3: West Ridge
  • Water Public: Yes
  • Lot Features Rolling Slope2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Rolling Slope
  • Acres: 2.34

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Indian Springs
  • High School: West Ridge
  • Middle Or Junior School: Central

Lot Info

  • Zoning: RS
  • Lot Dimensions: 2.34 Acres
  • Lot Size Sq Ft: 101930.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 048 081.05
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2014
Closed on
Nov 11, 2014
Sold by
Cmh Homes Inc
Bought by
Boyd Gregory A
Seller's Agent
Lynn Byrd
Byrd Home Team
List Price
$20,000
Sold Price
$20,000
Current Estimated Value
$378,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,710
Avg. Annual Appreciation
30.24%
Original Mortgage
$119,454
Outstanding Balance
$91,472
Interest Rate
3.99%
Mortgage Type
FHA
Estimated Equity
$287,238

Purchase Details

Listed on
Jul 1, 2014
Closed on
Sep 15, 2014
Sold by
Michaud Barbara A
Bought by
Cmh Homes Inc
Seller's Agent
Lynn Byrd
Byrd Home Team
List Price
$20,000
Sold Price
$20,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,454
Outstanding Balance
$91,472
Interest Rate
3.99%
Mortgage Type
FHA
Estimated Equity
$287,238

Purchase Details

Closed on
Nov 27, 2012

Purchase Details

Closed on
Mar 27, 2012
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Boyd Gregory A $131,301 --
Cmh Homes Inc $20,000 --
-- $14,000 --
-- $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boyd Gregory A $119,454
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2014 09/16/14 Sold $20,000 0.0% --
07/14/2014 07/14/14 Pending -- -- --
07/01/2014 07/01/14 For Sale $20,000 -- --
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 $1,098 $43,975 $7,325 $36,650
2023 $1,058 $43,975 $7,325 $36,650
2022 $1,058 $43,975 $7,325 $36,650
2021 $1,058 $43,975 $7,325 $36,650
2020 $952 $43,975 $7,325 $36,650
2019 $952 $37,050 $2,850 $34,200
2018 $945 $37,050 $2,850 $34,200
2017 $945 $37,050 $2,850 $34,200
2016 $76 $2,950 $2,850 $100
2014 $68 $2,952 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 350662

Tennessee/Virginia Regional MLS

APN: 048-081.05