NOT LISTED FOR SALE

5040 Memorial Blvd Kingsport, TN 37664

Estimated Value: $378,000 - $470,000

3 Beds
2.5 Baths
3,278 Sq Ft
$126/Sq Ft Est. Value

Last Sold May 20, 2024

Last sale price $381,700 $116 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,283/month

2 Days on Market

Highlights

  • Recreation Room
  • Heated Sun or Florida Room
  • Home Office
  • Wood Flooring
  • No HOA
  • Front Porch

About This Home

As of May 2024

Discover the perfect blend of comfort and space in this beautiful custom built home, nestled on a generous 1.5-acre lot with no city taxes. Offering over 3200 square feet of versatile living space, this residence features a septic permit for 3 bedrooms but includes 2 flex rooms that could be used for a variety of things, and an additional room that would make a great office space, catering to your unique lifestyle needs.

As you enter, you're greeted by a warm and inviting atmosphere, complemented by a host of modern updates that include a new roof, HVAC system, French drain, and stylish lighting throughout. The layout includes 2 full bathrooms and a convenient half bath off the dining area.

This house has so much space which creates an ideal environment for entertaining and everyday living. Step outside onto the welcoming front porch, the perfect spot for sipping your morning coffee and soaking in the serene surroundings with much privacy.

The spacious double garage provides ample room for vehicles and storage. Additional ventilated storage upstairs ensures that every item has a place.

Outside you will find a vegetable garden, already stocked with fresh veggies that will be ready for harvesting.

Located in the tranquil Indian Springs area, this home combines the appeal of rural living with the convenience of modern amenities, making it a truly exceptional find. Whether you're looking for a family home with room to grow or a peaceful retreat from the city, this property promises to meet all your needs and more. Schedule your visit today and experience firsthand the unique charm and comfort this home has to offer!

Last Agent to Sell the Property

Tracey Crum

KW Johnson City License #365080 Listed on: 04/20/2024

KW Johnson City

Last Buyer's Agent

TIFFANY WATTS

KW Johnson City License #359992

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,250

Year Built

  • Built in 2010

Lot Details

  • 1.51 Acre Lot
  • Lot Dimensions are 211 x 325
  • Level Lot
  • Property is in good condition
  • Property is zoned R1

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,278 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Home Office
  • Recreation Room
  • Bonus Room
  • Heated Sun or Florida Room
  • Wood Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Patio
  • Shed
  • Front Porch

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank

Community Details

  • No Home Owners Association
  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 048g F 001.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,250

Year Built

Built in 2010

Lot Details

0

Parking

2

Listing Details

  • Directions: From Kingsport, take Memorial Blvd towards blountville. Home is on the left directly across from Little Panda Restaurant.
  • Prop. Type: Residential
  • Year Built: 2010
  • Garage Garage Spaces: 2
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Not In Subdivision
  • Architectural Style: Ranch
  • Unit Levels: One and One Half
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 1.51
  • General Property Description Zoning2: R1
  • General Property Description Elementary School3: Indian Springs
  • General Property Description Middle School2: South Central
  • General Property Description High School3: West Ridge
  • General Property Description HOA YN: No
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • General Property Description Lot Dimensions: 211 x 325
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 3278.0
  • General Property Description Above Grade SqFt: 3278.0
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 048g F 001.00
  • Style Ranch: Yes
  • Roof Shingle: Yes
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • General Property Description Stories2: 2
  • Other Structures Shed(s): Yes
  • TopographyLot Description Rolling Slope: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Other Rooms Laundry: Yes
  • Other Rooms Bonus Room3: Yes
  • Other Rooms Recreation Room: Yes
  • Levels One and One Half: Yes
  • Rooms:Office2: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Has Basement: Crawl Space
  • Flooring: Hardwood
  • Window Features: Double Pane Windows
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • General Property Description Baths - Full: 2
  • General Property Description Baths - 12: 1
  • Basement:Crawl Space: Yes
  • Other Rooms:Sun Room - Heated: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Shingle
  • Other Structures: Shed(s)
  • Acres: 1.51
  • Topography: Level, Rolling Slope
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Back, Front Porch
  • Exterior Finish Vinyl Siding: Yes
  • Window Features:Double Pane Windows: Yes
  • PorchPatioDeck Back: Yes
  • PorchPatioDeck Front Porch: Yes

Garage/Parking

  • Garage Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Zoning: R1
  • Lot Dimensions: 211 x 325
  • Lot Size Sq Ft: 65775.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 048g F 001.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2024
Closed on
May 17, 2024
Sold by
Deroche Kelley and Deroche Wayne
Bought by
Harrell Jason Clifton and Harrell Sarah Michelle
Seller's Agent
Tracey Crum
KW Johnson City
Buyer's Agent
TIFFANY WATTS
KW Johnson City
List Price
$378,900
Sold Price
$381,700
Premium/Discount to List
$2,800
0.74%
Views
40
Current Estimated Value
$414,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,607
Avg. Annual Appreciation
5.69%
Original Mortgage
$161,700
Outstanding Balance
$159,407
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$254,900

Purchase Details

Closed on
Aug 15, 2016
Sold by
Goad David L and Goad Carol L
Bought by
Goad Carol L
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
Harrell Jason Clifton $381,700 Unified Title
Goad Carol L -- --
Goad Carol L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harrell Jason Clifton $161,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/20/2024 05/20/24 Sold $381,700 +0.7% $116 / Sq Ft
04/23/2024 04/23/24 Pending -- -- --
04/20/2024 04/20/24 For Sale $378,900 +570.6% $116 / Sq Ft
03/06/2014 03/06/14 Sold $56,500 +25.6% $22 / Sq Ft View Prior Sale
01/17/2014 01/17/14 Pending -- -- --
08/16/2013 08/16/13 For Sale $45,000 -- $17 / 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 $1,250 $50,075 $5,575 $44,500
2023 $1,205 $50,075 $5,575 $44,500
2022 $1,205 $50,075 $5,575 $44,500
2021 $1,205 $50,075 $5,575 $44,500
2020 $1,064 $50,075 $5,575 $44,500
2019 $1,064 $41,400 $4,875 $36,525
2018 $1,056 $41,400 $4,875 $36,525
2017 $1,056 $41,400 $4,875 $36,525
2016 $1,109 $43,075 $4,925 $38,150
2014 $993 $43,088 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9964773

Tennessee/Virginia Regional MLS

APN: 048G-F-001.00