NOT LISTED FOR SALE

533 Red Cedar Branch Rd Kingsport, TN 37664

Estimated Value: $326,000

42.88 Acres
$7,603 Price per Acre
1,867,853 Sq Ft Lot

Last Sold August 31, 2016

Last sale price $160,533 $125 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,738/month

113 Days on Market

Highlights

  • Barn
  • 42.88 Acre Lot
  • Wooded Lot
  • New Construction
  • Farm
  • No HOA

About This Lot

As of August 2016

BANK FORECLOSURE! Development Potential or built your dream home. Over 42 acres, lots of road frontage; property is mostly fenced pasture with spectacular views. The property backs up to Cooks Valley Subdivision

Last Agent to Sell the Property

Petra Becker

REMAX Checkmate, Inc. Realtors License #298523 Listed on: 04/11/2016

REMAX Checkmate, Inc. Realtors

Last Buyer's Agent

CORY PARSONS

Century 21 Legacy License #332530

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $330

Lot Details

  • 42.88 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Cleared Lot
  • Wooded Lot

Home Design

  • New Construction

Schools

  • Indian Springs Elementary School
  • Central Middle School
  • West Ridge High School

Farming

  • Barn
  • Farm
  • Pasture
  • Livestock

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 062 019.00

Property Details

Property Type

Land

Est. Annual Taxes

$330

Lot Details

0

Listing Details

  • Directions: From Warrior's Path State Park, Fall Creek Rd. to Left on Moody Lane, to Left on Cedar Branch. Follow to property on Left - corner of Cedar Branch & Red Cedar Branch
  • Prop. Type: Land
  • Road Surface Type: Paved
  • Road Frontage Type: 2 Lane Road
  • ResoSpecialListingConditions: In Foreclosure
  • New Construction: Yes
  • Location Tax Legal Info Parcel ID: 062 019.00
  • Contract Info Foreclosure: Yes
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 42.88
  • General Property Description Zoning2: A
  • General Property Description Elementary School3: Indian Springs
  • General Property Description Middle School2: Central
  • General Property Description High School3: West Ridge
  • Lot Features Level3: Yes
  • General Property Description Home Warranty: No
  • Utilities Electricity Available: Yes
  • TopographyLot Description Cleared: Yes
  • Lot Features Pasture4: Yes
  • Permitted Livestock: Yes
  • Water At Road2: Yes
  • Other Structures Barn(s): Yes
  • Property Condition New Construction3: Yes
  • Land Type Farm: Yes
  • Lot Features Sloped2: Yes
  • Other Features Fencing - Partial: Yes
  • Special Features: 1030
  • Property Sub Type: LotsLands

Exterior Features

  • Property Condition: New Construction
  • Lot Features: Level, Pasture, Sloped, Wooded, Cleared
  • Other Structures: Barn(s)
  • Acres: 42.88
  • Home Warranty: No
  • Lot Features:Wooded2: Yes

Utilities

  • Utilities: Electricity Available
  • Water Source: At Road

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Indian Springs
  • High School: West Ridge
  • Middle Or Junior School: Central

Lot Info

  • Zoning: A
  • Lot Dimensions: 42.88 acres
  • Lot Size Sq Ft: 1867852.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 062 019.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2016
Closed on
Aug 31, 2016
Sold by
New Peoples Bank Inc
Bought by
Nelson James S and Nelson Megan R
Seller's Agent
Petra Becker
REMAX Checkmate, Inc. Realtors
Buyer's Agent
CORY PARSONS
Century 21 Legacy
List Price
$199,900
Sold Price
$160,533
Premium/Discount to List
-$39,367
-19.69%
Current Estimated Value
$326,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,467
Avg. Annual Appreciation
7.49%
Original Mortgage
$112,373
Outstanding Balance
$51,959
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$259,041

Purchase Details

Closed on
Jun 28, 2013
Sold by
Stapleton Faye
Bought by
New Peoples Bank Inc

Purchase Details

Closed on
Jan 11, 1999
Sold by
Cecil Hommel and Cecil Beatrice
Bought by
Benjamin Sutton

Purchase Details

Closed on
Jul 7, 1997
Sold by
Cecil Hommel and Cecil Beatrice
Bought by
Rodney Fields
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
Nelson James S $160,533 --
New Peoples Bank Inc $206,153 --
Benjamin Sutton $36,100 --
Rodney Fields $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson James S $112,373
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2016 08/31/16 Sold $160,533 -19.7% $125 / Sq Ft
08/03/2016 08/03/16 Pending -- -- --
04/11/2016 04/11/16 For Sale $199,900 -- $155 / 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 $330 $13,225 $13,025 $200
2023 $318 $13,225 $13,025 $200
2022 $318 $13,225 $13,025 $200
2021 $318 $13,225 $13,025 $200
2020 $299 $13,225 $13,025 $200
2019 $299 $11,625 $11,350 $275
2018 $296 $11,625 $11,350 $275
2017 $296 $11,625 $11,350 $275
2016 $1,247 $48,425 $48,175 $250
2014 $1,117 $48,437 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Petra Becker

    Seller's Agent in 2016

    Petra Becker

    RE/MAX

    (423) 791-9000

    265 Total Sales

    Petra Becker
    Section Image

  • C

    Buyer's Agent in 2016

    CORY PARSONS

    Century 21 Legacy

See All Agents

Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 375539

Tennessee/Virginia Regional MLS

APN: 062-019.00

Tennessee Sullivan County Kingsport 37664

533 Red Cedar Branch Rd, Kingsport, TN

This home is located at 533 Red Cedar Branch Rd, Kingsport, TN 37664 since 11 April 2016 and is currently estimated at $326,000, approximately $253 per square foot. 533 Red Cedar Branch Rd is a home located in Sullivan County with nearby schools including Indian Springs Elementary School, Sullivan Central Middle School, and Shekinah Christian Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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