NOT LISTED FOR SALE

518 Ohio Ave Erwin, TN 37650

Estimated Value: $321,000 - $364,755

3 Beds
2 Baths
2,099 Sq Ft
$163/Sq Ft Est. Value

Last Sold May 09, 2024

Last sale price $368,500 $176 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $1,858/month

6 Days on Market

Highlights

  • Dutch Colonial Architecture
  • Central Heating and Cooling System
  • Level Lot
  • No HOA
  • Garage

About This Home

As of May 2024

Beautifully renovated pottery home for sale on Ohio Avenue that has recently undergone some significant improvements.

The owners have taken great pains to maintain the character of the home, yet add modern features and even uncover original features of the home.

The home as several distinct areas to enjoy with light colors and ample sunlight - not limited to the living room, den, dining room, but also the enclosed front porch. There's a very manageable backyard with outdoor seating either on the deck or around the fire pit.

Both bathrooms and the kitchen have been updated. The owners have created a pantry for additional food storage, updated the appliances, and painted more than 90% of the inside of the home. One of the biggest treasures is uncovering the fireplace in the front room.

The home offers off street parking through the alley way, as well as in the renovated garage. There's also additional parking on the property across the street from the alley.

A brand new heating and air unit have been added to the upstairs so the home now has 2 seperate heat and air units, one for each level.

Schedule your showing today - this is a tastefully decorated and updated home that is sure to make a great home for a couple or a family.

All information deemed reliable. Buyer / buyer's agent to verify all information.

Last Agent to Sell the Property

Shane O'Hare

REMAX Checkmate, Inc. Realtors License #353066 Listed on: 03/27/2024

REMAX Checkmate, Inc. Realtors

Last Buyer's Agent

Non Member

Non Member

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1927

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 82' x 170' x 54' x 158'
  • Level Lot
  • Property is in good condition

Parking

  • Garage

Home Design

  • Dutch Colonial Architecture
  • Plaster Walls
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,099 Sq Ft Home
  • 2-Story Property
  • Den with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 031c N 020.00

Home Details

Home Type

Single Family

Year Built

Built in 1927

Lot Details

0.36 Acres

Listing Details

  • Directions: Head southwest on S Main Ave toward Union St  0.1 mi Turn left onto Love St  0.4 mi Turn right onto Ohio Ave
  • Prop. Type: Residential
  • Year Built: 1927
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Not Listed
  • Architectural Style: Dutch Colonial
  • 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: 0.36
  • General Property Description Zoning2: RES
  • General Property Description Elementary School3: Love Chapel
  • General Property Description Middle School2: Unicoi Co
  • General Property Description High School3: Unicoi Co
  • General Property Description HOA YN: No
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 82' x 170' x 54' x 158'
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 2099.0
  • General Property Description Above Grade SqFt: 2099.0
  • AC Central Air: Yes
  • TopographyLot Description Level2: Yes
  • General Property Description Parcel ID2: 031c N 020.00
  • Roof Shingle: Yes
  • Financing FHA: Yes
  • Walls Plaster: Yes
  • Style Dutch Colonial: Yes
  • Levels:Two: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Den
  • General Property Description Baths - Full: 2
  • Fireplace:Den: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Shingle
  • Acres: 0.36
  • Topography: Level
  • Home Warranty: No
  • Construction Type: Vinyl Siding, Plaster, Other
  • Exterior Finish Vinyl Siding: Yes

Garage/Parking

  • Other Structures:Garage(s): Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Zoning: RES
  • Lot Dimensions: 82' x 170' x 54' x 158'
  • Lot Size Sq Ft: 15681.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 031c N 020.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2024
Closed on
May 2, 2024
Sold by
Shetley Robert and Pridgen Dylan
Bought by
Wright Charles T and Wright Frances P
Seller's Agent
Shane O'Hare
REMAX Checkmate, Inc. Realtors
Buyer's Agent
Non Member
Non Member
List Price
$369,900
Sold Price
$368,500
Premium/Discount to List
-$1,400
-0.38%
Views
56
Current Estimated Value
$341,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,561
Avg. Annual Appreciation
-4.03%
Original Mortgage
$313,650
Outstanding Balance
$307,993
Interest Rate
6.79%
Mortgage Type
Credit Line Revolving
Estimated Equity
$33,946

Purchase Details

Listed on
Feb 4, 2022
Closed on
Jun 16, 2022
Sold by
Douglas Swinehart John and Joyce Tiffany
Bought by
Shetley Robert and Pridgen Dylan
Seller's Agent
Shane O'Hare
REMAX Checkmate, Inc. Realtors
Buyer's Agent
Leah McMahan
Crossroads Realty
List Price
$324,900
Sold Price
$280,000
Premium/Discount to List
-$44,900
-13.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.55%
Original Mortgage
$266,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2017
Sold by
Thornberry Lewis C and Thornberry Kathy J
Bought by
Swinehart John Douglas and Swinehart Tiffany Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 1998
Sold by
Frazier Benny C
Bought by
Thronberry Lewis C and Thronberry Kathy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wright Charles T $368,500 None Listed On Document
Shetley Robert $280,000 None Listed On Document
Swinehart John Douglas $140,000 Debbie Tittle
Thronberry Lewis C $87,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Charles T $313,650
Previous Owner Shetley Robert $266,000
Previous Owner Swinehart John Douglas $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/09/2024 05/09/24 Sold $368,500 -0.4% $176 / Sq Ft
04/03/2024 04/03/24 Pending -- -- --
03/27/2024 03/27/24 For Sale $369,900 +32.1% $176 / Sq Ft
06/17/2022 06/17/22 Sold $280,000 0.0% $133 / Sq Ft View Prior Sale
06/17/2022 06/17/22 Off Market $280,000 -- --
04/26/2022 04/26/22 Pending -- -- --
04/04/2022 04/04/22 Price Changed $299,900 -7.7% $143 / Sq Ft
02/03/2022 02/03/22 For Sale $324,900 -- $155 / Sq Ft
Source: Tennessee/Virginia Regional MLS

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
2025 $1,179 $45,175 $8,300 $36,875
2024 $1,179 $45,175 $8,300 $36,875
2023 $1,179 $45,175 $0 $0
2022 $1,763 $45,175 $8,300 $36,875
2021 $1,073 $22,750 $5,475 $17,275
2020 $1,035 $22,750 $5,475 $17,275
2019 $1,035 $22,750 $5,475 $17,275
2018 $944 $22,750 $5,475 $17,275
2017 $940 $22,750 $5,475 $17,275
2016 $950 $23,225 $5,500 $17,725
2015 $874 $23,225 $0 $0
2014 $874 $23,225 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9963697

Tennessee/Virginia Regional MLS

APN: 031C-N-02000-000

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