S
Seller's Agent in 2025
Stephanie Goebbel
Dalton Wade, Inc
(423) 737-8705
32 Total Sales
616 W Main St Jonesborough, TN 37659
4.55
Acres
$157,143
Price per Acre
198,198
Sq Ft Lot
Highlights
- River Front
- No HOA
- Level Lot
- Creek or Stream View
- Shed
About This Lot
As of May 2025First time on the market in nearly a century! Great development opportunity with many possibilities. This property has been in the Cochran family for generations. Approximately 4.55 acres with 527 feet of road frontage on Main Street in downtown Jonesborough. Property consists of two parcels, with the larger parcel zoned commercial and the smaller parcel zoned residential. There are structures on the property that have little or no value. Some information from third parties must be verified by the buyer and buyer's agent.
Last Agent to Sell the Property
Dalton Wade, Inc License #246022 Listed on: 08/16/2024
Last Buyer's Agent
Jodie Simpson
C/B Saunders Realty
Property Details
Property Type
- Land
Est. Annual Taxes
- $261
Lot Details
- 4.55 Acre Lot
- River Front
- Level Lot
- Property is in average condition
- Property is zoned Comm/Resident
Schools
- Jonesborough Elementary And Middle School
- David Crockett High School
Additional Features
- Creek or Stream Views
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 059e A 009.00
Community Details
Overview
- No Home Owners Association
Recreation
- Shed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 16, 2024
Closed on
May 7, 2025
Sold by
Cochran Dwayne
Bought by
Patel Gunvantlal and Patel Minaben
Seller's Agent
Stephanie Goebbel
Dalton Wade, Inc
Buyer's Agent
Jodie Simpson
C/B Saunders Realty
List Price
$2,850,000
Sold Price
$715,000
Premium/Discount to List
-$2,135,000
-74.91%
Views
33
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
624.90%
Original Mortgage
$615,000
Outstanding Balance
$612,865
Interest Rate
5.89%
Mortgage Type
Seller Take Back
Estimated Equity
$470,973
Purchase Details
Closed on
Sep 14, 1981
Bought by
Cochran H H H and Cochran Jean
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $715,000 | None Listed On Document | |
| Warranty Deed | $50,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $615,000 | Seller Take Back | |
| Previous Owner | $150,400 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/15/2025 05/15/25 | For Sale | $3,250,000 | +354.5% | -- |
| 05/07/2025 05/07/25 | Sold | $715,000 | -74.9% | $515 / Sq Ft |
| 04/18/2025 04/18/25 | Pending | -- | -- | -- |
| 08/16/2024 08/16/24 | For Sale | $2,850,000 | -- | $2,052 / Sq Ft |
Source: Tennessee/Virginia Regional MLS
Tax History Compared to Growth
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 | $261 | $15,250 | $15,000 | $250 |
| 2022 | $240 | $11,175 | $11,000 | $175 |
| 2021 | $374 | $11,175 | $11,000 | $175 |
| 2020 | $374 | $11,175 | $11,000 | $175 |
| 2019 | $529 | $11,175 | $11,000 | $175 |
| 2018 | $745 | $20,175 | $7,500 | $12,675 |
| 2017 | $745 | $20,175 | $7,500 | $12,675 |
| 2016 | $745 | $20,175 | $7,500 | $12,675 |
| 2015 | $664 | $20,175 | $7,500 | $12,675 |
| 2014 | $664 | $20,175 | $7,500 | $12,675 |
Source: Public Records
Agents Affiliated with this Home
-
Stephanie Goebbel
-
J
Buyer's Agent in 2025
Jodie Simpson
C/B Saunders Realty
-
L
Buyer's Agent in 2025
LARRY THOMAS
EXCEL REALTY TRUST, INC.
Map
Source: Tennessee/Virginia Regional MLS
MLS Number: 9970004
APN: 059E-A-009.00
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