NOT LISTED FOR SALE

5368 Memorial Blvd Kingsport, TN 37664

Estimated Value: $215,000 - $278,000

2 Beds
2 Baths
1,248 Sq Ft
$187/Sq Ft Est. Value

Last Sold May 31, 2016

Last sale price $86,000 $69 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $1,279/month

168 Days on Market

Highlights

  • Recreation Room
  • Home Office
  • Paneling
  • Mud Room
  • Covered Patio or Porch
  • Cooling Available

About This Home

As of May 2016

Charming 2 bed, 2 bath ranch home that has been lovingly updated over the last few years. Everything on one level, custom built in 1987, with many new updates: New Trek decking (1 yr), Carrier heat pump (4yrs), new Pella glass door, vinyl porch railing and architectural roof (4yrs) with 30 yr warranty installed by Vanderpool Roofing. Open floor plan includes large living room, kitchen with lots of Aristokraft cherry cabinets, 2 bed with baths, laundry room located in master bed. Extra room is used as a utility closet with extra cabinets. Large den with new laminate flooring could be used as a 3rd bedroom or office space. All appliances and washer/dryer will remain. Very nice detached storage barn has electrical usage and could be used as an office space. Great location, minutes from interstate, all Tri-Cities, airport. Wonderful mountain views from covered front porch. This house is ready for its next family.

Last Agent to Sell the Property

JANE ROOP

Town & Country Realty - Downtown Listed on: 10/30/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $615

Year Built

  • Built in 1987

Lot Details

  • Lot Dimensions are 248.96x234.08
  • Landscaped
  • Sloped Lot
  • Garden
  • Property is in good condition

Parking

  • Parking Pad

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,248 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Insulated Windows
  • Mud Room
  • Home Office
  • Recreation Room
  • Crawl Space
  • Storm Doors

Kitchen

  • Electric Range
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Shed
  • Outbuilding

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 015.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$615

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Directions: From Kingsport to Memorial Blvd. house sets across road from Fall Creek Rd. Sign on property.
  • Prop. Type: Residential
  • Year Built: 1987
  • Property Sub Type: Single Family Residence
  • Reso Association Amenities: Landscaping
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Zoning2: RES
  • General Property Description Elementary School3: Indian Springs
  • General Property Description Middle School2: Central
  • General Property Description High School3: West Ridge
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • General Property Description Lot Dimensions: 248.96x234.08
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1248.0
  • General Property Description Above Grade SqFt: 1248.0
  • Appliances Refrigerators: Yes
  • General Property Description Parcel ID2: 015.00
  • Style Ranch: Yes
  • Roof Shingle: Yes
  • AC Heat Pump3: Yes
  • General Property Description Stories2: 1
  • Other Structures Outbuilding: Yes
  • Other Structures Shed(s): Yes
  • TopographyLot Description Sloped: Yes
  • Flooring Carpet: Yes
  • Flooring Laminate: Yes
  • Walls Paneling: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Other Structures Storage2: Yes
  • Other Rooms Recreation Room: Yes
  • Levels One: Yes
  • Rooms:Office2: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Range, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Flooring: Carpet, Laminate
  • Interior Amenities: Primary Downstairs, Laminate Counters, Pantry
  • Window Features: Insulated Windows
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • General Property Description Baths - Full: 2
  • Interior Features:Pantry: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Primary Downstairs: Yes
  • Other Rooms:Mud Room: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Shingle
  • Other Structures: Outbuilding, Shed(s), Storage
  • Exterior Features: Garden
  • Topography: Sloped
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Covered, Front Patio, Front Porch, Porch
  • Exterior Finish Vinyl Siding: Yes
  • Window Features:Insulated Windows: Yes
  • Exterior Features:Garden: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Front Patio: Yes
  • PorchPatioDeck Front Porch: Yes
  • PorchPatioDeck Porch: Yes
  • Door Features:Storm Door(s): Yes

Garage/Parking

  • Parking Features: Deeded, Asphalt, Parking Pad
  • Attached Garage: No
  • Parking Features:Asphalt2: Yes
  • Parking Features:Parking Spaces: Yes
  • Parking Features:Parking Pad: Yes

Utilities

  • Heating: Electric, Heat Pump
  • Sewer: Septic Tank
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • AmenitiesLandscaping: Yes

Schools

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

Lot Info

  • Zoning: RES
  • Lot Dimensions: 248.96x234.08
  • Parcel #: 015.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2015
Closed on
May 31, 2016
Sold by
Ramey Nannie Estate
Bought by
Pence Michael T
Seller's Agent
JANE ROOP
Town & Country Realty - Downtown
List Price
$92,000
Sold Price
$86,000
Premium/Discount to List
-$6,000
-6.52%
Current Estimated Value
$233,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,489
Avg. Annual Appreciation
11.20%
Original Mortgage
$88,431
Outstanding Balance
$70,473
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$163,016
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
Pence Michael T $86,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pence Michael T $88,431
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2016 05/31/16 Sold $86,000 -6.5% $69 / Sq Ft
04/15/2016 04/15/16 Pending -- -- --
10/29/2015 10/29/15 For Sale $92,000 -- $74 / 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 $615 $24,650 $3,450 $21,200
2023 $593 $24,650 $3,450 $21,200
2022 $593 $24,650 $3,450 $21,200
2021 $593 $24,650 $3,450 $21,200
2020 $589 $24,650 $3,450 $21,200
2019 $589 $22,900 $3,025 $19,875
2018 $584 $22,900 $3,025 $19,875
2017 $584 $22,900 $3,025 $19,875
2016 $545 $21,150 $3,025 $18,125
2014 $487 $21,143 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 369708

Tennessee/Virginia Regional MLS

APN: 048L-C-015.00