NOT LISTED FOR SALE

538 South St Erwin, TN 37650

Estimated Value: $259,000 - $312,000

3 Beds
3 Baths
2,442 Sq Ft
$119/Sq Ft Est. Value

Last Sold May 30, 2019

Last sale price $127,500 $52 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $1,692/month

10 Days on Market

Highlights

  • 2 Car Detached Garage
  • Central Heating and Cooling System
  • Historic Home
  • Paneling
  • Level Lot
  • 1-Story Property

About This Home

As of May 2019

In Erwin +/- .39-acre lot with beautiful views. Spacious with a convenient eight-room two story floor plan: Living room/dining room ; kitchen with nice wood-finish cabinets; master BR with BA with nice wood-finish cabinet and walls, ;two other BRs; hall BA with nice wood-finish cabinet; and utility room. Buyer/buyer's agent to verify info. FHA IE. Subject to appraisal. HUD homes are sold "As Is". Seller makes no representations or warranties as to property condition. Pre 1978 properties to include LBP (lead based paint) notice. EHO. Property is owned by US Dept of HUD. HUD Case Number 481-376855 . Seller may contribute up to 3% for buyer's closing costs upon buyer request.

Last Agent to Sell the Property

Gordon Newman

Century 21 Legacy - Greeneville License #TN# 294973 VA # 0225197251 Listed on: 03/14/2019

Century 21 Legacy - Greeneville

Last Buyer's Agent

JOSHUA TIPTON

The Brokers Realty & Auction License #325931

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,376

Year Built

  • Built in 1911

Lot Details

  • 0.39 Acre Lot
  • Level Lot
  • Historic Home
  • Property is in below average condition
  • Property is zoned Res.R2

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,442 Sq Ft Home
  • 1-Story Property
  • Paneling

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Basement

  • Dirt Floor
  • Crawl Space

Schools

  • Love Chapel Elementary School
  • Unicoi Co Middle School
  • Unicoi Co High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • FHA/VA Approved Complex

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 031C M 010.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,376

Year Built

Built in 1911

Lot Details

0

Parking

2

Listing Details

  • Directions: RIGHT ON MAIN ST, LEFT AT LOVE ST, RIGHT ON OHIO AVE, RIGHT ON KENTUCKY,LEFT AT SOUTH STREET.
  • Prop. Type: Residential
  • Year Built: 1911
  • Garage Garage Spaces: 2
  • Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: In Foreclosure
  • Architectural Style: Historic
  • Unit Levels: Two
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: Yes
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.39
  • General Property Description Zoning2: Res.R2
  • General Property Description Elementary School3: Love Chapel
  • General Property Description Middle School2: Unicoi Co
  • General Property Description High School3: Unicoi Co
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: +/- .39 Acres
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 2442.0
  • General Property Description Above Grade SqFt: 2442.0
  • AC Central Air: Yes
  • TopographyLot Description Level2: Yes
  • General Property Description Parcel ID2: 031C M 010.00
  • Roof Shingle: Yes
  • Financing FHA: Yes
  • General Property Description Stories2: 1
  • Style Historic: Yes
  • Walls Paneling: Yes
  • Property Condition Below Average: Yes
  • Levels:Two: Yes
  • Structure Type:House: Yes
  • Special Features: 1028

Interior Features

  • Has Basement: Crawl Space, Dirt Floor
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Total Bedrooms: 8
  • General Property Description Baths - Full: 3
  • Basement:Crawl Space: Yes
  • Basement:Dirt Floor: Yes

Exterior Features

  • Property Condition: Below Average
  • Roof: Shingle
  • Acres: 0.39
  • Topography: Level
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Exterior Finish Vinyl Siding: Yes

Garage/Parking

  • Parking Features: Deeded, Detached, Gravel
  • Sq Ft DetailsGarageDetachedSq Ft: 784
  • Sq Ft DetailsGarageTotalSq Ft: 784
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Gravel: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Parking Spaces: Yes

Utilities

  • Heating: Central, Natural Gas
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Natural Gas2: Yes

Schools

  • Elementary School: Love Chapel
  • High School: Unicoi Co
  • Middle Or Junior School: Unicoi Co

Lot Info

  • Zoning: Res.R2
  • Lot Dimensions: +/- .39 Acres
  • Lot Size Sq Ft: 16988.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 031C M 010.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2019
Closed on
May 30, 2019
Sold by
Secretary Of Hsng & Urban Dev Of Wa Dc
Bought by
Eller Darlene and Eller William
Seller's Agent
Gordon Newman
Century 21 Legacy - Greeneville
Buyer's Agent
JOSHUA TIPTON
The Brokers Realty & Auction
List Price
$120,000
Sold Price
$127,500
Premium/Discount to List
$7,500
6.25%
Current Estimated Value
$289,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,067
Avg. Annual Appreciation
14.02%
Original Mortgage
$116,758
Outstanding Balance
$102,912
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$186,655

Purchase Details

Closed on
Apr 20, 2018
Sold by
Mackie Wolf Zientz and Mackie Mann P
Bought by
New Penn Financial Llc and Shellpoint Mortgage Servicing

Purchase Details

Closed on
Apr 10, 2018
Sold by
New Penn Financial Llc
Bought by
The Secretary Of Housing & Lrban Develop

Purchase Details

Closed on
Apr 13, 1994
Bought by
Randolph Jon A
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
Eller Darlene $127,500 Reliable Title & Escrow Llc
New Penn Financial Llc $135,300 None Available
The Secretary Of Housing & Lrban Develop -- None Available
Randolph Jon A $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eller Darlene $116,758
Previous Owner Randolph Jon A $141,974
Previous Owner Randolph Jon A $140,114
Previous Owner Randolph Jon A $153,823
Previous Owner Randolph Jon A $52,000
Previous Owner Randolph Jon Alan $60,000
Previous Owner Randolph Jon $36,878
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2019 05/30/19 Sold $127,500 +6.3% $52 / Sq Ft
03/25/2019 03/25/19 Pending -- -- --
03/14/2019 03/14/19 For Sale $120,000 -- $49 / 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 $1,376 $52,700 $7,850 $44,850
2023 $1,376 $52,700 $0 $0
2022 $2,056 $52,700 $7,850 $44,850
2021 $1,299 $27,525 $5,225 $22,300
2020 $1,252 $27,525 $5,225 $22,300
2019 $1,252 $27,525 $5,225 $22,300
2018 $1,141 $27,525 $5,225 $22,300
2017 $1,137 $27,525 $5,225 $22,300
2016 $930 $22,725 $5,225 $17,500
2015 $855 $22,725 $0 $0
2014 $855 $22,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 418651

Tennessee/Virginia Regional MLS

APN: 031C-M-01000-000