NOT LISTED FOR SALE

5000 Memorial Blvd Kingsport, TN 37664

Estimated Value: $271,039 - $382,000

3 Beds
3 Baths
2,002 Sq Ft
$155/Sq Ft Est. Value

Last Sold August 26, 2020

Last sale price $365,000 $182 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $1,737/month

125 Days on Market

Highlights

  • Barn
  • Garage Apartment
  • Creek or Stream View
  • Stables
  • Solar Power System
  • Fireplace in Primary Bedroom

About This Home

As of August 2020

Convenient location with acreage! A one of a kind property!!! There are 3 separate dwellings on this property making for flexible multi generational or multi-family living. We have the original main farm house which has 3 bedrooms and 3 full baths, a 1260 sq foot 1 bedroom 1 bath guest/mother in law house and a 560 sq foot detached garage apartment. The main house has almost too many updates to mention. Including new kitchen with granite tops and copper farm sink, new master suite addition, new metal roof and heat pump in 2018, replacement windows and many more. The guest house was built in 2011 and features 1 bedroom and 1 full bath. It bolsters an open floor plan with high ceilings, a large kitchen, screened porch, and is handicap accessible. The detached garage apartment is neatly done as well and has a full kitchen, living area, 1 bedroom and a full bath. Out on the property you have a hay barn with a 4 horse stall barn attached and garden area both with fed by spring water. There is a separate further back on the property with electric and water ran to it. The whole 13.8 is fenced and ready for your animals.Tractor & implements stay with home with an acceptable offer. (All info & insured)

Last Agent to Sell the Property

Angela Rundle

Blue Ridge Properties License #333723 Listed on: 03/09/2020

Last Buyer's Agent

Angela Rundle

Blue Ridge Properties License #333723 Listed on: 03/09/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,234

Year Built

  • Built in 1936 | Remodeled

Lot Details

  • 13.8 Acre Lot
  • Property is Fully Fenced
  • Partially Wooded Lot
  • Garden
  • Property is in good condition
  • Property is zoned Rs

Home Design

  • Farmhouse Style Home
  • Cottage
  • Block Foundation
  • Plaster Walls
  • Metal Roof
  • Metal Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,002 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Screened Porch
  • Creek or Stream Views
  • Pull Down Stairs to Attic

Kitchen

  • Double Oven
  • Electric Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Cedar Closet
  • Walk-In Closet
  • 3 Full Bathrooms
  • Garden Bath

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Heated Basement
  • Interior Basement Entry
  • Stubbed For A Bathroom

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 1 Carport Space
  • Garage Apartment
  • Gravel Driveway

Outdoor Features

  • Patio
  • Shed

Schools

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

Farming

  • Barn
  • Pasture

Utilities

  • Humidifier
  • Central Air
  • Heating System Uses Propane
  • Heat Pump System
  • Hot Water Heating System
  • Power Generator
  • Water Softener is Owned
  • Septic Tank
  • Cable TV Available

Additional Features

  • Solar Power System
  • Stables

Listing and Financial Details

  • Assessor Parcel Number 048g C 009.10

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,234

Year Built

Built in 1936 | Remodeled

Lot Details

0

Listing Details

  • Directions: From Kingsport take Memorial Blvd beside the Fort Henry Mall. Go approximately 5 miles. The property is on the left at the flashing light located at the Cooks Valley Rd intersection
  • Prop. Type: Residential
  • Year Built: 1936
  • Garage Carport Spaces: 1
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage, Farm House
  • 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 Acres: 13.8
  • 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
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • General Property Description Lot Dimensions: 0
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 2002.0
  • AC Central Air: Yes
  • Appliances Refrigerators: Yes
  • Flooring Hardwood: Yes
  • Flooring Tile2: Yes
  • General Property Description Parcel ID2: 048g C 009.10
  • General Property Description # Fireplaces: 2
  • AC Heat Pump3: Yes
  • Other Structures Shed(s): Yes
  • AC Ceiling Fan(s): Yes
  • TopographyLot Description Pasture2: Yes
  • Flooring Carpet: Yes
  • Utilities Cable Available: Yes
  • Foundation Block6: Yes
  • Basement Heated2: Yes
  • View CreekStream: Yes
  • Roof Metal3: Yes
  • Walls Plaster: Yes
  • Other Structures Barn(s): Yes
  • Fencing Pasture3: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Water Softeners: Yes
  • Attic Pull Down Stairs: Yes
  • Other Structures Storage2: Yes
  • TopographyLot Description Part Wooded: Yes
  • Heating Propane3: Yes
  • Fencing Full2: Yes
  • Foundation Concrete Perimeter: Yes
  • Other Structures Stable(s): Yes
  • Roof Solar Panels: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Double Oven, Dryer, Electric Range, Humidifier, Range, Refrigerator, Washer, Water Softener, Water Softener Owned
  • Has Basement: Concrete, Heated, Interior Entry, Partially Finished, Plumbed
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Cedar Closet(s), Garden Tub, Generator, Granite Counters, Remodeled, Restored, Smoke Detector(s), Storm Door(s), Walk-In Closet(s)
  • Window Features: Double Pane Windows
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 292.0
  • Fireplace Features: Primary Bedroom, Living Room
  • Fireplaces: 2
  • General Property Description Baths - Full: 3
  • InteriorFeatures:Smoke Detector(s): Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • InteriorFeatures:Remodeled: Yes
  • Interior Features Restored: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace:Living Room: Yes
  • Interior Features:Granite Counters: Yes
  • Basement:Interior Entry: Yes
  • Basement:Partially Finished: Yes
  • Appliances:Electric Range: Yes
  • InteriorFeatures:Storm Door(s): Yes
  • Basement:Concrete3: Yes
  • Appliances:Water Softener-Owned: Yes
  • Appliances:Double Oven: Yes
  • Interior Features Garden Tub: Yes
  • Basement:Plumbed: Yes
  • InteriorFeatures:Generator: Yes
  • InteriorFeatures:Cedar Closet(s): Yes
  • Fireplace Primary Bedroom2: Yes
  • Other Rooms:Apartment: Yes
  • Appliances:Humidifier: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Metal, Solar Panels
  • Other Structures: Stable(s), Barn(s), Shed(s), Storage
  • View: Creek/Stream
  • Exterior Features: Garden, Pasture
  • Fencing: Full, Pasture
  • Acres: 13.8
  • Topography: Part Wooded, Pasture
  • Home Warranty: No
  • Construction Type: Metal Siding, Vinyl Siding, Plaster
  • Foundation Details: Block, Concrete Perimeter
  • Patio And Porch Features: Back, Front Porch, Rear Porch, Screened, Side Porch
  • Exterior Finish Vinyl Siding: Yes
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Garden: Yes
  • Exterior Features:Pasture: Yes
  • PorchPatioDeck Back: Yes
  • PorchPatioDeck Front Porch: Yes
  • PorchPatioDeck Rear Porch: Yes
  • PorchPatioDeck Screened: Yes
  • PorchPatioDeck Side Porch: Yes
  • Exterior Finish Metal Siding: Yes

Garage/Parking

  • Parking Features: Asphalt, Gravel
  • Attached Garage: No
  • Parking Features:Gravel: Yes
  • Parking Features:Asphalt2: Yes
  • Other Rooms:Garage Apartment: Yes

Utilities

  • Heating: Electric, Fireplace(s), Heat Pump, Hot Water, Propane
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Heating:Fireplace(s): Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric: Yes
  • Heating:Hot Water: Yes

Schools

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

Lot Info

  • Zoning: Rs
  • Lot Dimensions: 0
  • Lot Size Sq Ft: 601128.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 048g C 009.10
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2020
Closed on
Aug 24, 2020
Sold by
Duncan Stephen R and Duncan Kelly S
Bought by
Cresci Brandy E and Cresci Mark A
Seller's Agent
Angela Rundle
Blue Ridge Properties
Buyer's Agent
Angela Rundle
Blue Ridge Properties
List Price
$399,900
Sold Price
$365,000
Premium/Discount to List
-$34,900
-8.73%
Current Estimated Value
$310,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$54,490
Avg. Annual Appreciation
-3.08%
Original Mortgage
$190,400
Outstanding Balance
$151,914
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$158,596

Purchase Details

Closed on
May 18, 2007
Sold by
David Bridwell
Bought by
Duncan Stephen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.12%

Purchase Details

Closed on
Feb 27, 2006
Sold by
David Bridwell
Bought by
George Smith
Source: Public Records

Range of Values:

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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
Cresci Brandy E $365,000 Reliable Title & Escrow Llc
Duncan Stephen R $150,000 --
George Smith $5,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cresci Brandy E $190,400
Previous Owner George Smith $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2020 08/26/20 Sold $365,000 -8.7% $182 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
03/09/2020 03/09/20 For Sale $399,900 -- $200 / 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 $1,234 $49,425 $17,700 $31,725
2023 $1,189 $49,425 $17,700 $31,725
2022 $1,189 $49,425 $17,700 $31,725
2021 $1,189 $49,425 $17,700 $31,725
2020 $1,141 $49,425 $17,700 $31,725
2019 $1,141 $44,400 $15,375 $29,025
2018 $1,132 $44,400 $15,375 $29,025
2017 $1,132 $44,400 $15,375 $29,025
2016 $1,089 $42,300 $15,375 $26,925
2014 $922 $39,993 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9905635

Tennessee/Virginia Regional MLS

APN: 048G-C-009.10