NOT LISTED FOR SALE

521 Chadwell Rd Unit 1 2 Kingsport, TN 37660

Bloomingdale Neighborhood

Estimated Value: $165,000 - $235,000

-- Bed
2 Baths
-- Sq Ft
0.53 Acres

Last Sold August 28, 2018

Last sale price $82,450

Est. 137% increase in value since last sale

Current estimated payment $1,174/month

146 Days on Market

Highlights

  • Eat-In Kitchen
  • Paneling
  • Shed
  • Double Pane Windows
  • Cooling Available
  • Level Lot

About This Home

As of August 2018

521 Chadwell Road....one level brick duplex, remodeled, two bedrooms each, each with laundry room, eat in kitchen with range and refrigerator, new heat pumps, newer roof, new floor covering, new bathtubs and commodes, new interior doors, each with parking pads, ready for new tenants, no work to do, great investment property with minimum upkeep....list price $115,000.....MLS 403 (rental income before remodel was $910.00 per month, should be $1200 monthly after remodel)

Last Agent to Sell the Property

Frank Marsh

KW Kingsport License #218974 Listed on: 03/16/2018

KW Kingsport

Last Buyer's Agent

Doug Watkins

Wallace License #262592

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $932

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • Lot Dimensions are 110x233
  • Level Lot

Parking

  • Parking Pad

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Paneling
  • Double Pane Windows
  • Washer and Gas Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Outdoor Features

  • Shed
  • Outbuilding

Schools

  • Ketron Elementary And Middle School
  • West Ridge High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank

Community Details

  • L T Ketron Farm Subdivision

Listing and Financial Details

  • Assessor Parcel Number 22.50

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$932

Year Built

Built in 1974 | Remodeled

Lot Details

0

Listing Details

  • Directions: John B Dennis right on Chadwell Road, apx 1 mile property on left or Bloomingdale Road left on Chadwell Road, apx 1 mile property on right
  • Prop. Type: Residential Income
  • Year Built: 1974
  • Property Sub Type: Duplex
  • Subdivision Name: L T Ketron Farm
  • Architectural Style: Duplex
  • Appliances Refrigerators: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Flooring: Vinyl, Carpet, Laminate
  • Interior Amenities: Eat-in Kitchen, Laminate Counters, Remodeled
  • Window Features: Double Pane Windows
  • Interior Features:Eat-in Kitchen: Yes
  • InteriorFeatures:Remodeled: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Roof: Composition
  • Lot Features: Sloped, Level
  • Other Structures: Outbuilding, Shed(s), Storage
  • Construction Type: Brick
  • Foundation Details: Slab
  • Window Features:Double Pane Windows: Yes

Garage/Parking

  • Parking Features: Concrete, Parking Pad
  • Attached Garage: No
  • Parking Features:Concrete2: Yes
  • Parking Features:Parking Pad: Yes

Utilities

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

Schools

  • Elementary School: Ketron
  • High School: West Ridge
  • Middle Or Junior School: Ketron

Lot Info

  • Zoning: CM
  • Lot Dimensions: 110x233
  • Parcel #: 22.50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2018
Closed on
Aug 28, 2018
Sold by
Elijah Living Trust
Bought by
Butler Housing Llc
Seller's Agent
Frank Marsh
KW Kingsport
Buyer's Agent
Doug Watkins
Wallace
List Price
$115,000
Sold Price
$82,450
Premium/Discount to List
-$32,550
-28.3%
Total Days on Market
146
Current Estimated Value
$195,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,881
Avg. Annual Appreciation
14.14%
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
Butler Housing Llc $82,450 Express Title & Closing Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2018 08/28/18 Sold $82,450 -28.3% --
08/10/2018 08/10/18 Pending -- -- --
03/16/2018 03/16/18 For Sale $115,000 -- --
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 $932 $37,320 $9,440 $27,880
2023 $898 $37,320 $9,440 $27,880
2022 $898 $37,320 $9,440 $27,880
2021 $898 $37,320 $9,440 $27,880
2020 $980 $37,320 $9,440 $27,880
2019 $980 $38,120 $9,440 $28,680
2018 $972 $38,120 $9,440 $28,680
2017 $972 $38,120 $9,440 $28,680
2016 $1,020 $39,600 $9,440 $30,160
2014 $913 $39,582 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 403783

Tennessee/Virginia Regional MLS

APN: 014K-A-022.50