NOT LISTED FOR SALE

520 Walnut St Erwin, TN 37650

Estimated Value: $155,000 - $245,698

3 Beds
1.5 Baths
1,792 Sq Ft
$113/Sq Ft Est. Value

Last Sold April 29, 2019

Last sale price $76,500 $43 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $1,131/month

24 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • 1 Car Detached Garage
  • No HOA
  • Covered Patio or Porch
  • Central Heating and Cooling System

About This Home

As of April 2019

A Great Investment opportunity in the Town of Erwin. Good Curb Appeal, needs work. There is a one car detached garage, nice level lot, some fencing. Harwood floors, family room, kitchen combination.

Last Agent to Sell the Property

Bill Harold

North East Tennessee Real Estate, LLC License #57128 Listed on: 03/07/2019

Last Buyer's Agent

MICHAEL BAKER

The Brokers Realty & Auction License #333409

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $805

Year Built

  • Built in 1917

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 80x110
  • Level Lot
  • Property is in below average condition

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Home Design

  • Cottage
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,792 Sq Ft Home
  • 1.5-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Unicoi Elementary School
  • Unicoi Co Middle School
  • Unicoi Co High School

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 031F G 002.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$805

Year Built

Built in 1917

Lot Details

0

Parking

1

Listing Details

  • Directions: GPS Friendly.
  • Prop. Type: Residential
  • Year Built: 1917
  • Garage Garage Spaces: 1
  • Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: In Foreclosure
  • Architectural Style: Cottage
  • Unit Levels: One and One Half
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: Yes
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.2
  • General Property Description Zoning2: R
  • General Property Description Elementary School3: Unicoi
  • General Property Description Middle School2: Unicoi Co
  • General Property Description High School3: Unicoi Co
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 80X110
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1792.0
  • AC Central Air: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 031F G 002.00
  • Roof Composition: Yes
  • Property Condition Below Average: Yes
  • Levels One and One Half: Yes
  • Structure Type:House: Yes
  • Special Features: 1028

Interior Features

  • Flooring: Hardwood
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 5
  • General Property Description Baths - Full: 1
  • General Property Description Baths - 12: 1

Exterior Features

  • Property Condition: Below Average
  • Roof: Composition
  • Acres: 0.2
  • Topography: Level
  • Home Warranty: No
  • Construction Type: Frame
  • Patio And Porch Features: Covered, Front Patio
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Front Patio: Yes
  • Exterior Finish Frame: Yes

Garage/Parking

  • Parking Features: Detached, Gravel
  • Sq Ft DetailsGarageDetachedSq Ft: 240
  • Sq Ft DetailsGarageTotalSq Ft: 240
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Gravel: Yes
  • Parking Features:Detached: 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: Unicoi
  • High School: Unicoi Co
  • Middle Or Junior School: Unicoi Co

Lot Info

  • Zoning: R
  • Lot Dimensions: 80X110
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 031F G 002.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2019
Closed on
Apr 8, 2019
Sold by
Cit Mortgage Loan Trust
Bought by
Tipton Julie D
Seller's Agent
Bill Harold
North East Tennessee Real Estate, LLC
Buyer's Agent
MICHAEL BAKER
The Brokers Realty & Auction
List Price
$52,000
Sold Price
$76,500
Premium/Discount to List
$24,500
47.12%
Current Estimated Value
$202,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,425
Avg. Annual Appreciation
16.19%

Purchase Details

Closed on
Nov 27, 2018
Sold by
White Dwight G and Brewington Lisa
Bought by
The Bank Of New York Mellon and Cit Mortgage Loan Trust 2007 1

Purchase Details

Closed on
Oct 17, 2006
Sold by
Necessary James M
Bought by
White Dwight G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
6.45%

Purchase Details

Closed on
Sep 20, 1991
Bought by
Necessary James M and Necessary Shirley D

Purchase Details

Closed on
Mar 6, 1989
Bought by
Bennett Troy J and Bennett Louise
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
Tipton Julie D $76,500 Servicelink Llc
The Bank Of New York Mellon $99,995 None Available
White Dwight G $106,000 --
Necessary James M $58,000 --
Bennett Troy J $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bennett Troy J $106,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2019 04/29/19 Sold $76,500 +47.1% $43 / Sq Ft
04/01/2019 04/01/19 Pending -- -- --
03/07/2019 03/07/19 For Sale $52,000 -- $29 / 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 $805 $30,850 $3,550 $27,300
2023 $771 $29,550 $0 $0
2022 $1,153 $29,550 $3,550 $26,000
2021 $1,241 $26,300 $3,550 $22,750
2020 $1,196 $26,300 $3,550 $22,750
2019 $1,196 $26,300 $3,550 $22,750
2018 $1,091 $26,300 $3,550 $22,750
2017 $1,087 $26,300 $3,550 $22,750
2016 $1,085 $26,500 $3,550 $22,950
2015 $997 $26,500 $0 $0
2014 $997 $26,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 418399

Tennessee/Virginia Regional MLS

APN: 031F-G-00200-000