NOT LISTED FOR SALE

502 Hospital Hill Ln Mountain City, TN 37683

Estimated Value: $85,000 - $229,552

3 Beds
1 Bath
1,144 Sq Ft
$147/Sq Ft Est. Value

Last Sold February 07, 2023

Last sale price $55,000 $48 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $930/month

2 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Ceiling Fan
  • Paneling
  • 1-Story Property
  • Baseboard Heating

About This Home

As of February 2023

This property is being sold AS-IS, WHERE-IS. No power is on for inspections. This is a Fixer-Upper and is in need of repairs. Great neighborhood, close to town and can be a great 1st home or rental property.

Last Agent to Sell the Property

Mina Norfleet

KW Johnson City License #326432 Listed on: 01/14/2023

Last Buyer's Agent

Elizabeth King

Weichert Realtors Saxon Clark KPT License #344819

Weichert Realtors Saxon Clark KPT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $448

Year Built

  • Built in 1970

Lot Details

  • Lot Has A Rolling Slope

Home Design

  • Fixer Upper
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Paneling
  • Ceiling Fan
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Block Basement Construction

Parking

  • 1 Carport Space
  • Gravel Driveway

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Baseboard Heating
  • Sewer in Street

Community Details

  • Rolling Hills Subdivision

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 033k 019.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$448

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Directions: From 421 intersection at Food Lion in Mountain City Tennessee take 421 - 3.1miles to Cold Springs Road. Make a right and go 1.2 miles to Hospital Hill Road. Go 0.4 miles to Hospital Hill Lane. Home is on the left, 502 Is on the mailbox. Sign in yard. Call LA for details.
  • Prop. Type: Residential
  • Year Built: 1970
  • Garage Carport Spaces: 1
  • Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: In Foreclosure
  • Subdivision Name: Rolling Hills
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: Yes
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Mountain City
  • General Property Description Middle School2: Johnson Co
  • General Property Description High School3: Johnson Co
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 90 X 128.48 IRR
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1144.0
  • General Property Description Above Grade SqFt: 840.0
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 033k 019.00
  • Roof Composition: Yes
  • AC Ceiling Fan(s): Yes
  • TopographyLot Description Rolling Slope: Yes
  • Water At Road2: Yes
  • Property Condition Fixer: Yes
  • Walls Paneling: Yes
  • Sewer At Road: Yes
  • Basement Block4: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: 1028

Interior Features

  • Has Basement: Block, Walk-Out Access
  • Flooring: Hardwood
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 304.0
  • Total Bedrooms: 6
  • General Property Description Baths - Full: 1
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Property Condition: Fixer
  • Roof: Composition
  • Topography: Rolling Slope
  • Home Warranty: No
  • Construction Type: Other

Garage/Parking

  • Parking Features: Gravel, Parking Spaces
  • Attached Garage: No
  • Parking Features:Gravel: Yes
  • Parking Features:Parking Spaces: Yes

Utilities

  • Heating: Baseboard, Heat Pump
  • Sewer: At Road, Public Sewer
  • Cooling: Ceiling Fan(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: At Road, Public
  • Heating:Heat Pump2: Yes
  • Heating:Baseboard: Yes

Schools

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

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 90 X 128.48 IRR
  • Parcel #: 033k 019.00

Tax Info

  • Tax Book Number: 0003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2023
Sold by
Cornett Aaron
Bought by
Bishop Kristy
Current Estimated Value
$167,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,500
Outstanding Balance
$104,595
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$59,531

Purchase Details

Closed on
Apr 27, 2023
Sold by
Golden Cross Investments Llc
Bought by
Warwick James R and Warwick Deborah F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,500
Outstanding Balance
$104,595
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$59,531

Purchase Details

Listed on
Jan 14, 2023
Closed on
Feb 3, 2023
Sold by
First Community Bank
Bought by
Golden Cross Investmems Llc
Seller's Agent
Mina Norfleet
KW Johnson City
Buyer's Agent
Elizabeth King
Weichert Realtors Saxon Clark KPT
List Price
$69,900
Sold Price
$55,000
Premium/Discount to List
-$14,900
-21.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.03%

Purchase Details

Closed on
Oct 28, 2021
Sold by
Matheson Joyce Cornett
Bought by
Matheson Joyce Cornett

Purchase Details

Closed on
May 13, 2021
Sold by
Johnson County
Bought by
First Community Bank

Purchase Details

Closed on
Jun 23, 2009
Sold by
Bunn Christopher J
Bought by
Bunn Christopher J

Purchase Details

Closed on
Sep 10, 1993
Bought by
Bunn Stephen G and Bunn Imogene D

Purchase Details

Closed on
Sep 21, 1991
Bought by
Goings Dennis and Goings Ella

Purchase Details

Closed on
May 13, 1982
Bought by
Icenhour Myrtle and Icenhour Clyner
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
Bishop Kristy -- None Listed On Document
Bishop Kristy -- None Listed On Document
Bishop Kristy -- None Listed On Document
Bishop Kristy -- None Listed On Document
Warwick James R $157,500 None Listed On Document
Golden Cross Investmems Llc $55,000 --
Matheson Joyce Cornett -- None Listed On Document
First Community Bank $48,750 None Available
Bunn Christopher J -- --
Bunn Christopher J $54,000 --
Bunn Stephen G $24,000 --
Goings Dennis $20,000 --
Icenhour Myrtle -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Warwick James R $107,500
Previous Owner Bunn Family Trust $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2023 02/07/23 Sold $55,000 -21.3% $48 / Sq Ft
01/17/2023 01/17/23 Pending -- -- --
01/14/2023 01/14/23 For Sale $69,900 -- $61 / 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 $448 $20,275 $3,175 $17,100
2023 $448 $20,275 $3,175 $17,100
2022 $367 $20,275 $3,175 $17,100
2021 $367 $20,275 $3,175 $17,100
2020 $351 $20,275 $3,175 $17,100
2019 $351 $17,100 $3,175 $13,925
2018 $351 $17,100 $3,175 $13,925
2017 $351 $17,100 $3,175 $13,925
2016 $351 $17,100 $3,175 $13,925
2015 $310 $17,100 $3,175 $13,925
2014 $333 $18,400 $3,175 $15,225
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Mina Norfleet

    KW Johnson City

  • E

    Buyer's Agent in 2023

    Elizabeth King

    Weichert Realtors Saxon Clark KPT

    (828) 434-0192

    27 Total Sales

    Elizabeth King
    Section Image
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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9947264

Tennessee/Virginia Regional MLS

APN: 033K-B-019.00

Tennessee Johnson County Mountain City 37683

502 Hospital Hill Ln, Mountain City, TN

This home is located at 502 Hospital Hill Ln, Mountain City, TN 37683 since 14 January 2023 and is currently estimated at $167,638, approximately $146 per square foot. This property was built in 1970. 502 Hospital Hill Ln is a home located in Johnson County with nearby schools including Johnson County Middle School, Johnson County High School, and Mountain Youth Academy.

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