$54,900
SOLD JUL 20, 2018

530 Fairmont Ave Kingsport, TN 37660

2 Beds
1 Bath
1,099 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$50 Per Sq Ft

5 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Cooling Available
  • Ross N. Robinson Middle School Rated A
  • Eat-In Kitchen
  • Bungalow

About This Home

As of October 2019

Quaint Brick Cottage style home with 2 bedrooms and full unfinished basement. Nestled on a corner lot in a peaceful neighborhood and minutes to everything. Traditional floor plan with spacious living room with hardwood floors and fireplace, galley kitchen with dining area, 2 bedrooms with 1 bathroom grouped around a center hall. This home needs some TLC so if you're handy with a Hammer and Paint and youre looking for a DIY home improvement project then check this one out!

Last Agent to Sell the Property

LISTINGS TRANSFERRED

Mountain Aire Realty, LLC Listed on: 06/16/2018

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 55 x 135
  • Level Lot
  • Property is in below average condition

Parking

  • Gravel Driveway

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 1,099 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Interior Basement Entry
  • Block Basement Construction

Outdoor Features

  • Deck

Schools

  • Jackson Elementary School
  • Sevier Middle School
  • Dobyns Bennett High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 045E H 002.00

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Directions: From I-26 take Stone Drive, right on Fairmount, see sign on the right.
  • Prop. Type: Residential
  • Year Built: 1948
  • Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: In Foreclosure
  • Architectural Style: Bungalow
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: Yes
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.17
  • General Property Description Zoning2: RES
  • General Property Description Elementary School3: Jackson
  • General Property Description Middle School2: Sevier
  • General Property Description High School3: Dobyns Bennett
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 55 x 135
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1099.0
  • General Property Description Above Grade SqFt: 1099.0
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 045E H 002.00
  • General Property Description # Fireplaces: 1
  • Roof Shingle: Yes
  • AC Heat Pump3: Yes
  • General Property Description Stories2: 1
  • TopographyLot Description Rolling Slope: Yes
  • TopographyLot Description Sloped: Yes
  • Foundation Block6: Yes
  • Basement Block4: Yes
  • Property Condition Below Average: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: 1028

Interior Features

  • Has Basement: Block, Interior Entry
  • Flooring: Hardwood
  • Interior Amenities: Primary Downstairs, Eat-in Kitchen
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Total Bedrooms: 4
  • General Property Description Baths - Full: 1
  • Interior Features:Eat-in Kitchen: Yes
  • Fireplace:Living Room: Yes
  • Basement:Interior Entry: Yes
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Property Condition: Below Average
  • Roof: Shingle
  • Acres: 0.17
  • Topography: Level, Rolling Slope, Sloped
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Block
  • Patio And Porch Features: Deck
  • Exterior Finish Brick4: Yes
  • PorchPatioDeck Deck: Yes

Garage/Parking

  • Parking Features: Gravel, None
  • Attached Garage: No
  • Parking Features:Gravel: Yes

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Schools

  • Elementary School: Jackson
  • High School: Dobyns Bennett
  • Middle Or Junior School: Sevier

Lot Info

  • Zoning: RES
  • Lot Dimensions: 55 x 135
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 045E H 002.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2019
Closed on
Oct 21, 2019
Sold by
Boggs Joseph A and Boggs Christina A
Bought by
Merriam Alfred W and Merriam Kristina M
Seller's Agent
Kathryn Boggs Metcalf
Conservus Homes
Buyer's Agent
KRISTIAN HEFNER
Southern Dwellings
List Price
$119,900
Sold Price
$118,500
Premium/Discount to List
-$1,400
-1.17%
Current Estimated Value
$184,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,850
Avg. Annual Appreciation
7.57%
Original Mortgage
$118,500
Outstanding Balance
$104,060
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$78,325

Purchase Details

Listed on
Jun 16, 2018
Closed on
Jul 12, 2018
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Boggs Christina A
Seller's Agent
LISTINGS TRANSFERRED
Mountain Aire Realty, LLC
List Price
$54,900
Sold Price
$54,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
85.06%

Purchase Details

Closed on
May 14, 2018
Sold by
Stout John E
Bought by
Quicken Loans Inc and Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 24, 2009
Sold by
Karst Darin E
Bought by
Stout John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,141
Interest Rate
5.36%

Purchase Details

Closed on
Sep 9, 2005
Sold by
Ann Rhoads Patricia
Bought by
Karst Darin E and Karst Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
5.86%
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 Type Sale Price Title Company
Warranty Deed $118,500 Heritage Ttl & Closing Svcs
Special Warranty Deed $54,900 Servicelink Llc
Trustee Deed $48,620 None Available
Deed $71,000 --
Deed $54,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $118,500 New Conventional
Previous Owner $60,000 No Value Available
Previous Owner $68,141 No Value Available
Previous Owner $54,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2019 10/21/19 Sold $118,500 -1.2% $108 / Sq Ft
09/23/2019 09/23/19 Pending -- -- --
08/16/2019 08/16/19 For Sale $119,900 +118.4% $109 / Sq Ft
07/20/2018 07/20/18 Sold $54,900 0.0% $50 / Sq Ft
06/22/2018 06/22/18 Pending -- -- --
06/16/2018 06/16/18 For Sale $54,900 -- $50 / 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 -- $18,850 $2,125 $16,725
2023 $831 $18,850 $2,125 $16,725
2022 $831 $18,850 $2,125 $16,725
2021 $808 $18,850 $2,125 $16,725
2020 $458 $18,850 $2,125 $16,725
2019 $826 $17,825 $2,125 $15,700
2018 $807 $17,825 $2,125 $15,700
2017 $807 $17,825 $2,125 $15,700
2016 $860 $18,525 $2,125 $16,400
2014 $811 $18,530 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 408458

Tennessee/Virginia Regional MLS

APN: 045E-H-002.00