NOT LISTED FOR SALE

5028 Memorial Blvd Kingsport, TN 37664

Estimated Value: $285,000 - $440,000

5 Beds
2 Baths
2,604 Sq Ft
$133/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $160,000 $61 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $1,900/month

173 Days on Market

Highlights

  • RV Access or Parking
  • Wood Flooring
  • Workshop
  • Craftsman Architecture
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of February 2020

This brick home has character! As you walk onto the front porch, you will see a swing and a countryside view. When you walk in the front door you will immediately see that the hardwood floors throughout are gorgeous. The dining room and living room will be perfect for entertaining.The doorways have beautiful detail. There's a full kitchen that has plenty of space. The addition to the home is a perfect second master bedroom that has a full bathroom and walk-in closet. The laundry room is spacious. There's a back deck that is great for grilling out. When you go upstairs, you will see three bedrooms that would be perfect for guests, family, friends, or could be used as an office. Don't miss this opportunity to own a home that has been well maintained and updated. 5 potential Bedrooms but septic permit says only permitted for 3 bedrooms Buyer/Buyer's agent to verify all information. Information is reliable but not guaranteed.

Last Agent to Sell the Property

Scott Smith

RE/MAX Preferred License #327793 Listed on: 08/01/2019

Co-Listed By

Christa Bard

RE/MAX Preferred License #348931

Last Buyer's Agent

Tina Carney

Prudential Realtycenter.Com License #301336

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $988

Year Built

  • Built in 1927 | Remodeled

Lot Details

  • 0.67 Acre Lot
  • Fenced Front Yard
  • Landscaped
  • Level Lot
  • Property is in good condition
  • Property is zoned Residential 1

Parking

  • 2 Car Detached Garage
  • RV Access or Parking

Home Design

  • Craftsman Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,604 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Workshop

Kitchen

  • Built-In Gas Oven
  • Cooktop
  • Dishwasher
  • Trash Compactor

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Block Basement Construction
  • Workshop

Outdoor Features

  • Shed
  • Outbuilding

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Septic Tank

Community Details

  • No Home Owners Association
  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 048G F 009.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$988

Year Built

Built in 1927 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Directions: From I-81 take exit 66 towards Kingsport. Continue onto Memorial Blvd for a few miles. Destination on the right. See sign.
  • Prop. Type: Residential
  • Year Built: 1927
  • Garage Garage Spaces: 2
  • Property Sub Type: Single Family Residence
  • Reso Association Amenities: Landscaping
  • Co List Office Phone: 423-282-1817
  • Architectural Style: Craftsman
  • Unit Levels: Two
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.67
  • General Property Description Zoning2: Residential 1
  • 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: 29495.20c sf
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 2604.0
  • AC Central Air: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 048G F 009.00
  • Roof Shingle: Yes
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • Other Structures Outbuilding: Yes
  • Other Structures Shed(s): Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Other Rooms Laundry: Yes
  • Foundation Block6: Yes
  • Window Features Window Treatment-Some: Yes
  • Basement Block4: Yes
  • Other Structures Storage2: Yes
  • Fencing Front Yard: Yes
  • Basement Workshop2: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Fireplace Ornamental: Yes
  • Levels:Two: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Built-In Electric Oven, Built-In Gas Oven, Cooktop, Dishwasher, Trash Compactor
  • Has Basement: Block, Exterior Entry, Interior Entry, Walk-Out Access, Workshop
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Primary Downstairs, Remodeled, Walk-In Closet(s)
  • Window Features: Window Treatment-Some
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Living Room, Ornamental
  • General Property Description Baths - Full: 2
  • Appliances Dishwasher: Yes
  • InteriorFeatures:Remodeled: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace:Living Room: Yes
  • Other Rooms:Workshop: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Interior Entry: Yes
  • Basement:Walk-Out Access: Yes
  • Appliances:Built-In Electric Oven: Yes
  • Appliances:Cooktop: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Built-In Gas Oven: Yes
  • Appliances:Trash Compactor: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Shingle
  • Other Structures: Outbuilding, Shed(s), Storage
  • Fencing: Front Yard
  • Acres: 0.67
  • Topography: Level
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Block
  • Exterior Finish Brick4: Yes
  • Exterior Finish Vinyl Siding: Yes

Garage/Parking

  • Parking Features: Asphalt, Detached, RV Parking
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:RV Parking: Yes
  • Parking Features:Asphalt2: Yes
  • Parking Features:Detached: Yes

Utilities

  • Heating: Central, Heat Pump
  • Sewer: Septic Tank
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • AmenitiesLandscaping: Yes

Schools

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

Lot Info

  • Zoning: Residential 1
  • Lot Dimensions: 29495.20c sf
  • Lot Size Sq Ft: 29185.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 048G F 009.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2018
Sold by
Arp David Lee and Arp Lisa Kay
Bought by
Arp David Lee and Arp Lisa Kay
Current Estimated Value
$345,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Outstanding Balance
$92,220
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$253,483

Purchase Details

Closed on
Feb 27, 2015
Sold by
Arp Ray
Bought by
Arp David Lee and Arp Lisa Kay

Purchase Details

Closed on
Jan 10, 2014
Sold by
Goad David L
Bought by
Arp Ray and Arp Rosalee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,460
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 20, 2004
Sold by
Pew Rita P
Bought by
Goad David L

Purchase Details

Closed on
Jul 13, 2004
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
Arp David Lee -- None Available
Arp David Lee -- --
Arp Ray $85,000 --
Goad David L $27,000 --
-- $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arp David Lee $109,000
Previous Owner Arp Ray $83,460
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2020 02/28/20 Sold $160,000 -20.0% $61 / Sq Ft
01/22/2020 01/22/20 Pending -- -- --
08/01/2019 08/01/19 For Sale $199,900 -- $77 / 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 $988 $39,575 $3,300 $36,275
2023 $952 $39,575 $3,300 $36,275
2022 $952 $39,575 $3,300 $36,275
2021 $952 $39,575 $3,300 $36,275
2020 $774 $39,575 $3,300 $36,275
2019 $774 $30,125 $2,875 $27,250
2018 $768 $30,125 $2,875 $27,250
2017 $768 $30,125 $2,875 $27,250
2016 $728 $28,250 $2,875 $25,375
2014 -- $28,254 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 425292

Tennessee/Virginia Regional MLS

APN: 048G-F-009.00