NOT LISTED FOR SALE

6020 Gap Creek Rd Bulls Gap, TN 37711

Estimated Value: $53,055 - $199,000

0.22 Acre
$720,518 Price per Acre
9,583 Sq Ft Lot

Last Sold April 17, 2023

Last sale price $10,000 $9 Per Sq Ft

Est. 1,485% increase in value since last sale

Current estimated payment $863/month

196 Days on Market

Highlights

  • Pasture Views
  • Livestock
  • Level Lot

About This Lot

As of April 2023

Looking for country living? Enjoy the rural environment and still be only minutes from I-81! Surrounded by beautiful countryside on a quiet street, this level 0.22 +/- acre tract, once the site of a quaint homestead, is prime for redevelopment. Zoned A-1, this property allows for single-family dwellings, mobile homes, or agriculture, among other permitted uses. Bring your vision and turn this diamond in the rough into your vision of home! Water and electricity are available at the road. Real estate is being sold on the premise that the dwelling and accessory buildings have no value. Property being Sold As-Is, complete with any and all personal property. Per TDEC - lot size will not allow for new permitted septic system. Condition of existing septic system is unknown. All information herein is deemed to be reliable but not guaranteed. Buyer/Buyer's Agent to verify any and all information.

Last Agent to Sell the Property

RILEY ALISON

Red Door Agency License #337260 Listed on: 04/05/2023

Last Buyer's Agent

Neko Mantooth

RE/MAX Real Estate Professionals License #301649

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $75

Lot Details

  • 9,583 Sq Ft Lot
  • Level Lot
  • Property is in below average condition
  • Property is zoned A-1

Property Views

  • Pasture
  • Mountain

Schools

  • Baileyton Elementary School
  • North Greene Middle School
  • North Greene High School

Additional Features

  • Outbuilding
  • Livestock

Listing and Financial Details

  • Assessor Parcel Number 040 009.02

Property Details

Property Type

Land

Est. Annual Taxes

$75

Lot Details

0

Listing Details

  • Directions: From Kingsport, take I-81 to exit 30 for TN-70 N, left onto Gap Creek Road, property is on left in 1.6 miles. Address is GPS friendly.
  • Prop. Type: Land
  • Road Surface Type: Paved
  • Road Frontage Type: 2 Lane Road
  • Subdivision Name: Not In Subdivision
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 040 009.02
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.22
  • General Property Description Zoning2: A-1
  • General Property Description Elementary School3: Baileyton
  • General Property Description Middle School2: North Greene
  • General Property Description High School3: North Greene
  • Lot Features Level3: Yes
  • Water Public: Yes
  • General Property Description Home Warranty: No
  • Other Structures Outbuilding: Yes
  • View Mountain(s): Yes
  • Utilities Electricity Available: Yes
  • General Property Description Lot Size SqFt: 9583.0
  • Permitted Livestock: Yes
  • Water At Road2: Yes
  • Property Condition Poor: Yes
  • View Pasture6: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Property Condition: Poor
  • Lot Features: Level, See Remarks
  • Other Structures: Outbuilding
  • View: Mountain(s), Pasture
  • Acres: 0.22
  • Home Warranty: No

Utilities

  • Sewer: See Remarks
  • Utilities: Electricity Available
  • Water Source: At Road, Public

Schools

  • Elementary School: Baileyton
  • High School: North Greene
  • Middle Or Junior School: North Greene

Lot Info

  • Zoning: A-1
  • Lot Dimensions: 124.75X77 IRR
  • Lot Size Sq Ft: 9583.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 040 009.02
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2023
Closed on
Apr 13, 2023
Sold by
Elmore Paul B
Bought by
Scarbro Philip and Scarbro Melissa
Seller's Agent
RILEY ALISON
Red Door Agency
Buyer's Agent
Neko Mantooth
RE/MAX Real Estate Professionals
List Price
$19,990
Sold Price
$10,000
Premium/Discount to List
-$9,990
-49.97%
Current Estimated Value
$158,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,514
Avg. Annual Appreciation
216.25%

Purchase Details

Closed on
Aug 17, 2014
Sold by
Elmore Paul B
Bought by
Elmore Paul B

Purchase Details

Closed on
Oct 26, 2004
Sold by
Elmore Paul B
Bought by
Elmore Paul B
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Scarbro Philip $10,000 Mumpower Title
Elmore Paul B -- --
Elmore Paul B -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2023 04/17/23 Sold $10,000 -50.0% $9 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
10/02/2022 10/02/22 For Sale $19,990 -- $19 / 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 $75 $4,525 $2,375 $2,150
2023 $85 $4,525 $0 $0
2022 $5,800 $2,875 $1,700 $1,175
2021 $58 $2,875 $1,700 $1,175
2020 $58 $2,875 $1,700 $1,175
2019 $58 $2,875 $1,700 $1,175
2018 $58 $2,875 $1,700 $1,175
2017 $55 $2,800 $1,700 $1,100
2016 $52 $2,800 $1,700 $1,100
2015 $52 $2,800 $1,700 $1,100
2014 $52 $2,800 $1,700 $1,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9944117

Tennessee/Virginia Regional MLS

APN: 040-009.02