NOT LISTED FOR SALE

523 Lebanon Rd Kingsport, TN 37663

Estimated Value: $207,000 - $356,000

2 Beds
2 Baths
2,312 Sq Ft
$119/Sq Ft Est. Value

Last Sold March 13, 2024

Last sale price $205,000 $89 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,633/month

107 Days on Market

Highlights

  • 1 Fireplace
  • Bonus Room
  • Cottage
  • John Adams Elementary School Rated A
  • No HOA
  • Double Pane Windows

About This Home

As of March 2024

This charming home is Back on the Market at no fault to the Sellers. The Sellers are offering $5,000 towards the Buyers closing costs!

You don't want to miss out on this home! Come and see what this cozy cottage has to offer and make it your HOME! Built in the 1940s nestled on 1.28 acres within city limits, this property offers an abundance of privacy and peace.

Admire true craftsmanship of original hardwood floors, built in shelving surrounding the wood burning/gas fireplace and wooden craftsman door and window trim. Look for the original detail of solid wood doors with glass door knobs and metal hardware plates (these are hard to come by).

Main level living includes two bedrooms with ample amount of natural light. Two updated full bathrooms. Primary ensuite was recently added including a full size walk-in closet, double vanity and freestanding tub. The second level offers an open canvas to use as an office space, home theatre, a guest room or playroom, the opportunities are endless!

The back entrance has a quaint covered sitting area with an accessible wooden ramp. This impressive 1.28-acre lot, offers a mix of garden beds, mature trees and open green space.

Schedule your showing today!

Selling AS IS. All information gathered from Tax Records/Third Party. All info should be verified by Buyer/Buyers Agent. No commission on seller concessions.

Last Agent to Sell the Property

LESLIE BATES

Century 21 Legacy Fort Henry License #362771 Listed on: 12/14/2023

Century 21 Legacy Fort Henry

Last Buyer's Agent

BILLY MILLER

Century 21 Legacy

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1943

Lot Details

  • 1.28 Acre Lot
  • Lot Dimensions are 683.24 x 159.15
  • Level Lot
  • Property is in average condition
  • Property is zoned R 1B

Home Design

  • Cottage
  • Plaster Walls
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,312 Sq Ft Home
  • 2-Story Property
  • Paneling
  • 1 Fireplace
  • Double Pane Windows
  • Bonus Room
  • Washer and Electric Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • John Adams Elementary School
  • Robinson Middle School
  • Dobyns Bennett High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 092n A 040.00

Home Details

Home Type

Single Family

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Directions: From Fort Henry Drive, turn right on Lebanon Rd. Property is .7 miles on left. Listing sign at road.
  • Prop. Type: Residential
  • Year Built: 1943
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Not In Subdivision
  • Architectural Style: Cottage
  • 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: 1.28
  • General Property Description Zoning2: R 1B
  • General Property Description Elementary School3: John Adams
  • General Property Description Middle School2: Robinson
  • General Property Description High School3: Dobyns Bennett
  • General Property Description HOA YN: No
  • Water Public: Yes
  • General Property Description Lot Dimensions: 683.24 x 159.15
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 2312.0
  • General Property Description Above Grade SqFt: 2312.0
  • TopographyLot Description Level2: Yes
  • General Property Description Parcel ID2: 092n A 040.00
  • General Property Description # Fireplaces: 1
  • AC Heat Pump3: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Other Rooms Bonus Room3: Yes
  • Roof Metal3: Yes
  • Walls Paneling: Yes
  • Walls Plaster: Yes
  • Property Condition Average: Yes
  • Levels:Two: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Window Features: Double Pane Windows
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Total Bedrooms: 9
  • General Property Description Baths - Full: 2

Exterior Features

  • Property Condition: Average
  • Roof: Metal
  • Acres: 1.28
  • Topography: Level
  • Home Warranty: No
  • Construction Type: Vinyl Siding, Plaster
  • Exterior Finish Vinyl Siding: Yes
  • Window Features:Double Pane Windows: Yes

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: John Adams
  • High School: Dobyns Bennett
  • Middle Or Junior School: Robinson

Lot Info

  • Zoning: R 1B
  • Lot Dimensions: 683.24 x 159.15
  • Lot Size Sq Ft: 55756.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 092n A 040.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 3523

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2023
Closed on
Mar 13, 2024
Sold by
Morrell Nathanial Chance and Morgan Elizab
Bought by
Costley Allison L and Costley Jerry W
Seller's Agent
LESLIE BATES
Century 21 Legacy Fort Henry
Buyer's Agent
BILLY MILLER
Century 21 Legacy
List Price
$304,900
Sold Price
$205,000
Premium/Discount to List
-$99,900
-32.76%
Views
124
Current Estimated Value
$275,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,442
Avg. Annual Appreciation
25.86%
Original Mortgage
$205,000
Outstanding Balance
$202,266
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$83,209

Purchase Details

Closed on
Aug 24, 2022
Sold by
Elizabeth Moprell Morgan
Bought by
Morrell Nathaniel Chance and Morrell Morgan Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,561
Interest Rate
5.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2010
Sold by
Cooper Clay Carlton
Bought by
Farris John David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4.38%

Purchase Details

Closed on
Jan 11, 2010
Sold by
Cooper Clay Carlton
Bought by
Cooper Amanda D

Purchase Details

Closed on
Sep 22, 2008
Sold by
Cooper Clay Carlton
Bought by
Cooper Amanda D

Purchase Details

Closed on
Apr 24, 2008
Sold by
Cooper Evans Christy
Bought by
Carlton Cooper Clay
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
Costley Allison L $205,000 Reliable Title
Morrell Nathaniel Chance -- None Listed On Document
Farris John David $120,000 --
Cooper Amanda D -- --
Cooper Amanda D -- --
Carlton Cooper Clay -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Costley Allison L $205,000
Previous Owner Morrell Nathaniel Chance $80,561
Previous Owner Carlton Cooper Clay $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2024 03/13/24 Sold $205,000 -10.8% $89 / Sq Ft
01/21/2024 01/21/24 Pending -- -- --
01/12/2024 01/12/24 Price Changed $229,900 -3.2% $99 / Sq Ft
01/08/2024 01/08/24 Price Changed $237,500 -5.0% $103 / Sq Ft
11/20/2023 11/20/23 Price Changed $249,900 -18.0% $108 / Sq Ft
10/05/2023 10/05/23 For Sale $304,900 -- $132 / 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 -- $31,725 $4,875 $26,850
2023 $1,596 $31,725 $4,875 $26,850
2022 $1,596 $36,225 $9,375 $26,850
2021 $1,552 $36,225 $9,375 $26,850
2020 $796 $36,225 $9,375 $26,850
2019 $1,435 $30,975 $9,375 $21,600
2018 $1,402 $30,975 $9,375 $21,600
2017 $1,402 $30,975 $9,375 $21,600
2016 $1,333 $28,675 $9,400 $19,275
2014 $1,254 $28,670 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9957743

Tennessee/Virginia Regional MLS

APN: 092N-A-040.00