NOT LISTED FOR SALE

503 W Magnolia Ave Johnson City, TN 37604

South Side Johnson City Neighborhood

Estimated Value: $166,000 - $288,143

2 Beds
2 Baths
1,416 Sq Ft
$168/Sq Ft Est. Value

Last Sold June 02, 2023

Last sale price $235,000 $166 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,335/month

1 Day on Market

Highlights

  • Mountain View
  • Granite Countertops
  • Lot Has A Rolling Slope
  • South Side Elementary School Rated A
  • Central Heating and Cooling System
  • Gas Log Fireplace

About This Home

As of June 2023

Convenient to ETSU, JCMC, VA, and downtown Johnson City! Minutes from I 26. Would make a great short or long term rental. Perfect for a small family or college students. This newly remodeled home has a brand new kitchen with stainless appliances, new cabinets, and granite countertops. Each level has a full bath. Both baths have been completely updated with tile showers in both. New flooring throughout the house, gas log fireplace, nice yard, and mountain views from the large wrap around deck. Move in ready! Owner/Agent

Last Agent to Sell the Property

Luke Siele

Greater Impact Realty Jonesborough License #370825 Listed on: 05/10/2023

Last Buyer's Agent

Karen Jenkins

RE/MAX Preferred License #336180

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $834

Year Built

  • Built in 1920 | Remodeled

Lot Details

  • Lot Dimensions are 50x150
  • Lot Has A Rolling Slope
  • Property is zoned r2

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Mountain Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • South Side Elementary School
  • Liberty Bell Middle School
  • Science Hill High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 054l B 020.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$834

Year Built

Built in 1920 | Remodeled

Lot Details

0

Listing Details

  • Directions: From I26 take exit 24 towards Johnson City. Left on University Pkwy, right on Knox, left on Magnolia. House is on the left.
  • Prop. Type: Residential
  • Year Built: 1920
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Not In Subdivision
  • 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 Zoning2: r2
  • General Property Description Elementary School3: South Side
  • General Property Description Middle School2: Liberty Bell
  • General Property Description High School3: Science Hill
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 50x150
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1416.0
  • General Property Description Above Grade SqFt: 954.0
  • AC Central Air: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • General Property Description Parcel ID2: 054l B 020.00
  • General Property Description # Fireplaces: 1
  • Roof Shingle: Yes
  • Financing FHA: Yes
  • General Property Description Stories2: 2
  • View Mountain(s): Yes
  • TopographyLot Description Rolling Slope: Yes
  • Utilities Cable Connected: Yes
  • Property Condition UpdatedRemodeled: Yes
  • Levels:Two: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Interior Amenities: Granite Counters, Remodeled
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 462.0
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 9
  • General Property Description Baths - Full: 2
  • Appliances Dishwasher: Yes
  • InteriorFeatures:Remodeled: Yes
  • Fireplace:Gas Log: Yes
  • Interior Features:Granite Counters: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Property Condition: Updated/Remodeled
  • Roof: Shingle
  • View: Mountain(s)
  • Topography: Rolling Slope
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Exterior Finish Vinyl Siding: Yes

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Cable Connected
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Schools

  • Elementary School: South Side
  • High School: Science Hill
  • Middle Or Junior School: Liberty Bell

Lot Info

  • Zoning: r2
  • Lot Dimensions: 50x150
  • Parcel #: 054l B 020.00

Tax Info

  • Tax Book Number: 1108

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2023
Closed on
Jun 2, 2023
Sold by
Siele Luke
Bought by
Koons Matthew
Seller's Agent
Luke Siele
Greater Impact Realty Jonesborough
Buyer's Agent
Karen Jenkins
RE/MAX Preferred
List Price
$234,900
Sold Price
$235,000
Premium/Discount to List
$100
0.04%
Views
19
Current Estimated Value
$237,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,536
Avg. Annual Appreciation
-0.97%
Original Mortgage
$188,000
Outstanding Balance
$183,959
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$45,890

Purchase Details

Listed on
Jul 28, 2022
Closed on
Aug 15, 2022
Sold by
Cross Iii Rice H
Bought by
Siele Luke
Seller's Agent
EMILY JONES
RE/MAX Preferred
Buyer's Agent
Shana Wilcox
Century 21 Legacy
List Price
$145,000
Sold Price
$122,500
Premium/Discount to List
-$22,500
-15.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
125.77%

Purchase Details

Closed on
Feb 12, 1986

Purchase Details

Closed on
Jan 1, 1981
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
Koons Matthew $235,000 Mumpower Title & Closing
Siele Luke $122,500 Law Office Of W Derek Malcolm
-- $11,500 --
-- $17,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koons Matthew $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2023 06/02/23 Sold $235,000 0.0% $166 / Sq Ft
05/11/2023 05/11/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $234,900 +91.8% $166 / Sq Ft
08/15/2022 08/15/22 Sold $122,500 -15.5% $143 / Sq Ft
07/30/2022 07/30/22 Pending -- -- --
07/28/2022 07/28/22 For Sale $145,000 -- $169 / 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 $834 $48,800 $7,825 $40,975
2023 $564 $26,250 $0 $0
2022 $564 $26,250 $3,125 $23,125
2021 $1,019 $26,250 $3,125 $23,125
2020 $1,013 $26,250 $3,125 $23,125
2019 $442 $26,250 $3,125 $23,125
2018 $793 $18,575 $3,125 $15,450
2017 $793 $18,575 $3,125 $15,450
2016 $789 $18,575 $3,125 $15,450
2015 $669 $18,575 $3,125 $15,450
2014 $669 $18,575 $3,125 $15,450
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Luke Siele

    Greater Impact Realty Jonesborough

  • K

    Buyer's Agent in 2023

    Karen Jenkins

    RE/MAX Preferred

    (423) 202-1623

    1 in this area

    73 Total Sales

    Karen Jenkins
    Section Image

  • E

    Seller's Agent in 2022

    EMILY JONES

    RE/MAX Preferred

  • Shana Wilcox

    Buyer's Agent in 2022

    Shana Wilcox

    Century 21 Legacy

    (423) 330-2174

    1 in this area

    242 Total Sales

    Shana Wilcox
    Section Image
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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9951599

Tennessee/Virginia Regional MLS

APN: 054L-B-020.00

Tennessee Washington County Johnson City 37604 South Side Johnson City

503 W Magnolia Ave, Johnson City, TN

This home is located at 503 W Magnolia Ave, Johnson City, TN 37604 since 10 May 2023 and is currently estimated at $237,536, approximately $167 per square foot. This property was built in 1920. 503 W Magnolia Ave is a home located in Washington County with nearby schools including South Side Elementary School, Liberty Bell Middle School, and Indian Trail Middle School.

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