$440,000
SOLD APR 16, 2026

557 Valley Ave Erwin, TN 37650

4 Beds
4 Baths
3,228 Sq Ft
0.44 Acres Lot

Sale Details

Date Sold: April 16, 2026

$136 Per Sq Ft

12% Below List Price

96 Days on Market

Highlights

  • Mountain View
  • Dutch Colonial Architecture
  • No HOA
  • Recreation Room
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of April 2026

Welcome to your new home! This four-bedroom, four-bath beauty is tucked away in the heart of Erwin, with gorgeous mountain views creating a peaceful backdrop for everyday living. From the moment you arrive, you'll notice the care and character this home offers. Step inside to a warm and welcoming main level featuring a spacious living room, dining room, kitchen with breakfast area, bonus room, one bedroom and full bath, and a large laundry room. The kitchen and bonus room flow effortlessly onto the covered back porch, making entertaining easy and enjoyable. The bonus room is complete with a cozy fireplace with gas logs, perfect for cooler evenings. Upstairs, you'll find the primary bedroom and bath, complemented by a large walk-in closet. Two additional generously sized bedrooms and a full bathroom complete the second level. There is also a large, walk-out floored attic space, offering excellent storage options. The finished basement adds even more flexibility with two large bonus rooms and a full bathroom. A one-car garage with built-in storage cabinets opens to a spacious carport, providing plenty of additional covered parking and storage. Outside, the beautifully landscaped yard is ready to be enjoyed in every season. The backyard features three large outbuildings, ideal for potting plants, hobbies, and storing lawn equipment. This home has been lovingly maintained by its owners and truly has so much to offer. Don't miss the opportunity to see it in person, schedule your private showing today! Buyers and buyer's agent to verify all information.

Last Agent to Sell the Property

Amanda Marr

KW Johnson City License #350564 Listed on: 12/08/2025

KW Johnson City

Last Buyer's Agent

James Condrey

Realty ONE Group Home Team License #360351

Realty ONE Group Home Team

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 19,166 Sq Ft Lot
  • Lot Dimensions are 161 x 120 x 150 x 124
  • Back Yard Fenced
  • Landscaped
  • Level Lot
  • Property is in good condition

Parking

  • 1 Car Garage
  • 2 Carport Spaces
  • Parking Pad
  • Garage Door Opener
  • Driveway

Home Design

  • Dutch Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Den with Fireplace
  • Recreation Room
  • Bonus Room
  • Workshop
  • Utility Room
  • Mountain Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Attic

  • Attic Floors
  • Storage In Attic

Finished Basement

  • Walk-Out Basement
  • Garage Access
  • Exterior Basement Entry

Home Security

  • Intercom
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Shed
  • Pergola
  • Outbuilding

Schools

  • Rock Creek Elementary School
  • Unicoi Co Middle School
  • Unicoi Co High School

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • No Home Owners Association
  • E D Co Subdivision
  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 023l K 013.00
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0.44 Acres

Parking

1

Listing Details

  • Directions: 181 S to exit 18, Turn left onto Main St, Then right onto 17th, Then right onto Spruce, Right onto Chestnut, Then left onto Valley. House is on the left. See sign.
  • Prop. Type: Residential
  • Year Built: 1978
  • Garage Carport Spaces: 2
  • Garage Garage Spaces: 1
  • Property Sub Type: Single Family Residence
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Landscaping
  • Subdivision Name: E D Co
  • Architectural Style: Dutch Colonial
  • 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: 0.44
  • General Property Description Zoning2: R
  • General Property Description Elementary School3: Rock Creek
  • General Property Description Middle School2: Unicoi Co
  • General Property Description High School3: Unicoi Co
  • General Property Description HOA YN: No
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 161 X 120 X 150 X 124
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 3228.0
  • General Property Description Above Grade SqFt: 2621.0
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • Flooring Tile2: Yes
  • General Property Description Parcel ID2: 023l K 013.00
  • General Property Description # Fireplaces: 1
  • Roof Shingle: Yes
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • Other Structures Outbuilding: Yes
  • Other Structures Shed(s): Yes
  • Other Structures Workshop3: Yes
  • View Mountain(s): Yes
  • AC Ceiling Fan(s): Yes
  • TopographyLot Description Sloped: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Laminate: Yes
  • Other Rooms Laundry: Yes
  • Fencing Back Yard: Yes
  • Other Rooms Bonus Room3: Yes
  • Basement Garage Door: Yes
  • Other Rooms Recreation Room: Yes
  • Other Structures Pergola: Yes
  • Other Equipment Intercom2: Yes
  • Style Dutch Colonial: Yes
  • Levels:Two: Yes
  • General Property Description Senior Community YN3: No
  • Structure Type:House: Yes
  • Security Features:Smoke Detector(s): Yes
  • Remarks Misc:userdefined80: Welcome to your new home! This four-bedroom, four-bath beauty is tucked away in the heart of Erwin, with gorgeous mountain views creating a peaceful backdrop for everyday living. From the moment you arrive, you'll notice the care and character this home offers. Step inside to a warm and welcoming main level featuring a spacious living room, dining room, kitchen with breakfast area, bonus room, one bedroom and full bath, and a large laundry room. The kitchen and bonus room flow effortlessly onto the covered back porch, making entertaining easy and enjoyable. The bonus room is complete with a cozy fireplace with gas logs, perfect for cooler evenings. Upstairs, you'll find the primary bedroom and bath, complemented by a large walk-in closet. Two additional generously sized bedrooms and a full bathroom complete the second level. There is also a large, walk-out floored attic space, offering excellent storage options. The finished basement adds even more flexibility with two large bonus rooms and a full bathroom. A one-car garage with built-in storage cabinets opens to a spacious carport, providing plenty of additional covered parking and storage. Outside, the beautifully landscaped yard is ready to be enjoyed in every season. The backyard features three large outbuildings, ideal for potting plants, hobbies, and storing lawn equipment. This home has been lovingly maintained by its owners and truly has so much to offer. Don't miss the opportunity to see it in person, schedule your private showing today! Buyers and buyer's agent to verify all information.
  • Special Features: None

Interior Features

  • Other Equipment: Intercom
  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Refrigerator, Trash Compactor
  • Has Basement: Exterior Entry, Finished, Garage Door, Walk-Out Access
  • Flooring: Hardwood, Laminate, Tile
  • Interior Amenities: Central Vacuum, Eat-in Kitchen, Entrance Foyer, Pantry, Walk-In Closet(s)
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 607.0
  • Fireplace Features: Den, Gas Log
  • Fireplaces: 1
  • General Property Description Baths - Full: 4
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Pantry: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace:Gas Log: Yes
  • Other Rooms:Workshop: Yes
  • Fireplace:Den: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Walk-Out Access: Yes
  • Interior Features:Entrance Foyer: Yes
  • Appliances:Electric Range: Yes
  • Other Rooms:Utility Room: Yes
  • Attic Features:Attic Floored: Yes
  • Basement:Basement Finished2: Yes
  • Interior Features:Attic Storage: Yes
  • Interior Features:Central Vacuum: Yes
  • Appliances:Trash Compactor: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Shingle
  • Other Structures: Outbuilding, Pergola, Shed(s), Workshop
  • View: Mountain(s)
  • Exterior Features: Other
  • Fencing: Back Yard
  • Acres: 0.44
  • Topography: Level, Sloped
  • Home Warranty: No
  • Construction Type: Brick
  • Patio And Porch Features: Back, Covered, Front Porch, Rear Porch
  • Exterior Finish Brick4: Yes
  • PorchPatioDeck Back: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Front Porch: Yes
  • PorchPatioDeck Rear Porch: Yes

Garage/Parking

  • Parking Features: Driveway, Carport, Garage Door Opener, Parking Pad
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Carport: Yes
  • Parking Features:Parking Pad: Yes

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Ceiling Fan(s), Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • AmenitiesLandscaping: Yes

Schools

  • Elementary School: Rock Creek
  • High School: Unicoi Co
  • Middle Or Junior School: Unicoi Co

Lot Info

  • Zoning: R
  • Lot Dimensions: 161 X 120 X 150 X 124
  • Lot Size Sq Ft: 19166.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 023l K 013.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2025
Closed on
Apr 16, 2026
Sold by
Laws George and Laws Gertha M
Bought by
Marruquin Leigh and Marruquin Miguel
Seller's Agent
Amanda Marr
KW Johnson City
Buyer's Agent
James Condrey
Realty ONE Group Home Team
List Price
$499,999
Sold Price
$440,000
Premium/Discount to List
-$59,999
-12%
Views
83

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
73.18%
Original Mortgage
$352,000
Outstanding Balance
$352,000
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$105,243

Purchase Details

Closed on
Jul 24, 2003
Sold by
Williams Luther and Williams Lois
Bought by
Laws George A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,500
Interest Rate
5.24%

Purchase Details

Closed on
Apr 19, 2001
Sold by
Bennett Troy
Bought by
Williams Luther

Purchase Details

Closed on
Jan 7, 1997
Bought by
Bennett Troy J and Bennett Louise

Purchase Details

Closed on
Dec 12, 1996
Sold by
Holly Lawrence
Bought by
Bennett Troy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $440,000 Malcolm Title Llc
Deed $170,000 --
Deed $138,000 --
Warranty Deed $100 --
Deed $111,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $352,000 New Conventional
Previous Owner $144,500 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2026 04/16/26 Sold $440,000 -6.4% $136 / Sq Ft
03/14/2026 03/14/26 Pending -- -- --
02/06/2026 02/06/26 Price Changed $470,000 -6.0% $146 / Sq Ft
12/08/2025 12/08/25 For Sale $499,999 -- $155 / Sq Ft
Source: Tennessee/Virginia Regional MLS

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
2025 $1,615 $61,875 $9,300 $52,575
2024 $1,615 $61,875 $9,300 $52,575
2023 $1,615 $61,875 $0 $0
2022 $2,414 $61,875 $9,300 $52,575
2021 $2,399 $50,875 $9,300 $41,575
2020 $2,312 $50,875 $9,300 $41,575
2019 $2,312 $50,875 $9,300 $41,575
2018 $2,109 $50,875 $9,300 $41,575
2017 $2,101 $50,875 $9,300 $41,575
2016 $2,021 $49,375 $9,300 $40,075
2015 $1,759 $46,750 $0 $0
2014 $1,759 $46,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9989065

Tennessee/Virginia Regional MLS

APN: 023L-K-01300-000

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