NOT LISTED FOR SALE

505 Washington St Erwin, TN 37650

Estimated Value: $154,000 - $195,000

2 Beds
2 Baths
1,400 Sq Ft
$127/Sq Ft Est. Value

Last Sold February 03, 2021

Last sale price $95,000 $68 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,012/month

12 Days on Market

Highlights

  • Front Porch
  • 1-Story Property
  • Level Lot
  • Double Pane Windows
  • Central Air
  • Wood Siding

About This Home

As of February 2021

Competitively Priced! Sold AS-IS. Two bedroom, two bath cottage offering open floor plan. Large covered front porch. Sun room overlooking the back yard that has several ornamental trees. Would be ideal starter home or for someone downsizing. Flood insurance is required if financed. All information contained herein deemed reliable but not guaranteed should be verified by the buyer/buyer's agent.

Last Agent to Sell the Property

Scott Metcalf

REMAX Checkmate, Inc. Realtors License #300248 Listed on: 12/17/2020

REMAX Checkmate, Inc. Realtors

Last Buyer's Agent

Wade Freeman

Coldwell Banker Security Real Estate License #346941

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $599

Year Built

  • Built in 1986

Lot Details

  • Lot Dimensions are 50x150
  • Level Lot
  • Property is in good condition
  • Property is zoned R1

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outbuilding
  • Front Porch

Schools

  • Love Chapel Elementary School
  • Unicoi Co Middle School
  • Unicoi Co High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Septic Tank

Community Details

  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 031g C 021.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$599

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Directions: I-26 to exit 40. Left at end of ramp onto Jackson Love Highway, Left onto Carolina Ave, Right onto Washington Street. House on the left.
  • Prop. Type: Residential
  • Year Built: 1986
  • Property Sub Type: Single Family Residence
  • 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 Zoning2: R1
  • General Property Description Elementary School3: Love Chapel
  • General Property Description Middle School2: Unicoi Co
  • General Property Description High School3: Unicoi Co
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • General Property Description Lot Dimensions: 50x150
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1400.0
  • AC Central Air: Yes
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • General Property Description Parcel ID2: 031g C 021.00
  • Financing FHA: Yes
  • Other Structures Outbuilding: Yes
  • Roof Composition: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Window Features: Double Pane Windows
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Total Bedrooms: 6
  • General Property Description Baths - Full: 2
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Composition
  • Other Structures: Outbuilding
  • Topography: Level
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Patio And Porch Features: Front Porch
  • Exterior Finish Wood Siding: Yes
  • Window Features:Double Pane Windows: Yes
  • PorchPatioDeck Front Porch: Yes

Utilities

  • Heating: Electric, Heat Pump, Natural Gas
  • Sewer: Septic Tank
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric: Yes
  • Heating:Natural Gas2: Yes

Schools

  • Elementary School: Love Chapel
  • High School: Unicoi Co
  • Middle Or Junior School: Unicoi Co

Lot Info

  • Zoning: R1
  • Lot Dimensions: 50x150
  • Parcel #: 031g C 021.00

Tax Info

  • Tax Book Number: 404

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2020
Closed on
Jan 26, 2021
Sold by
Sell Elizabeth K and Sell Karen
Bought by
Townsend Derrick and Townsend Samantha
Seller's Agent
Scott Metcalf
REMAX Checkmate, Inc. Realtors
Buyer's Agent
Wade Freeman
Coldwell Banker Security Real Estate
List Price
$98,000
Sold Price
$95,000
Premium/Discount to List
-$3,000
-3.06%
Current Estimated Value
$178,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,008
Avg. Annual Appreciation
14.63%
Original Mortgage
$95,000
Outstanding Balance
$85,211
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$92,797

Purchase Details

Listed on
Apr 13, 2017
Closed on
Jun 20, 2017
Sold by
Collins Jabies
Bought by
Sell Elizabeth K
Seller's Agent
Transfer Listings
Signature Properties Kpt
Buyer's Agent
Scott Metcalf
REMAX Checkmate, Inc. Realtors
List Price
$89,900
Sold Price
$78,000
Premium/Discount to List
-$11,900
-13.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.58%

Purchase Details

Closed on
Nov 22, 2002
Sold by
Nielsen Kimberly
Bought by
Collins Jabies W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.3%

Purchase Details

Closed on
Sep 10, 1997
Sold by
Higgins Hazel B And
Bought by
Nielsen Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
7.56%

Purchase Details

Closed on
Jan 20, 1993
Bought by
Higgins Hazel B and Higgins Elke Leigh Elke Leigh
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
Townsend Derrick $95,000 Debbie Title
Sell Elizabeth K $78,000 None Available
Collins Jabies W $55,000 --
Nielsen Robert $42,000 --
Higgins Hazel B $39,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Townsend Derrick $95,000
Closed Townsend Derrick $95,000
Previous Owner Higgins Hazel B $55,000
Previous Owner Higgins Hazel B $28,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2021 02/03/21 Sold $95,000 -3.1% $68 / Sq Ft
12/30/2020 12/30/20 Pending -- -- --
12/17/2020 12/17/20 For Sale $98,000 +25.6% $70 / Sq Ft
06/20/2017 06/20/17 Sold $78,000 -13.2% $58 / Sq Ft
05/15/2017 05/15/17 Pending -- -- --
04/13/2017 04/13/17 For Sale $89,900 -- $67 / 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 $599 $22,950 $2,500 $20,450
2023 $599 $22,950 $0 $0
2022 $895 $22,950 $2,500 $20,450
2021 $824 $17,475 $2,500 $14,975
2020 $794 $17,475 $2,500 $14,975
2019 $794 $17,475 $2,500 $14,975
2018 $724 $17,475 $2,500 $14,975
2017 $722 $17,475 $2,500 $14,975
2016 $700 $17,100 $2,500 $14,600
2015 $644 $17,100 $0 $0
2014 $644 $17,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9916599

Tennessee/Virginia Regional MLS

APN: 031G-C-02100-000