NOT LISTED FOR SALE

643 Ohio Ave Erwin, TN 37650

Estimated Value: $175,000 - $191,000

2 Beds
1.5 Baths
1,120 Sq Ft
$162/Sq Ft Est. Value

Last Sold August 29, 2016

Last sale price $78,795 $70 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $1,009/month

75 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • 1-Story Property
  • Porch
  • Bungalow
  • Combination Kitchen and Dining Room

About This Home

As of August 2016

Charming bungalow style one level home in the heart of the town of Erwin, TN. Home features 2 bedrooms, 1 1/2 baths and large kitchen and good sized living room. Home sits on level lot and convenient location to all of the town of Erwin. Some updates have been done but still has room to put your own personal touches on it. There is a waiting period before offers can be submitted. All offers must have proof of funds or pre-approval letter and copy of earnest money check in order to be submitted to seller. Buyer and or buyer's agent to verify all info. taken from tax records and must be verified for accuracy. Home is sold in "as is" condition. Property was built prior to 1978 and lead based paint could potentially exist. Subject to errors and omissions.

Last Agent to Sell the Property

Ashley Foran

Southeastern Properties License #0225086504 Listed on: 06/14/2016

Co-Listed By

Audra Alexander

Southeastern Properties License #0225085963

Last Buyer's Agent

Scott Metcalf

REMAX Checkmate, Inc. Realtors License #300248

REMAX Checkmate, Inc. Realtors

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1917

Lot Details

  • Lot Dimensions are 75 x 110
  • Level Lot
  • Property is in average condition

Parking

  • Gravel Driveway

Home Design

  • Bungalow
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Laminate Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms

Basement

  • Exterior Basement Entry
  • Dirt Floor

Outdoor Features

  • Porch

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 031F G 004.00

Home Details

Home Type

Single Family

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Directions: Erwin to left on Love Street to right on Ohio Ave see sign and home on left.
  • Prop. Type: Residential
  • Year Built: 1917
  • Property Sub Type: Single Family Residence
  • Co List Office Phone: 276-466-2201
  • ResoSpecialListingConditions: In Foreclosure
  • Architectural Style: Bungalow
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: Yes
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Zoning2: R
  • 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: 75 X 110
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1120.0
  • General Property Description Above Grade SqFt: 1120.0
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 031F G 004.00
  • AC Heat Pump3: Yes
  • Roof Composition: Yes
  • Interior Features KitchenDining Combo: Yes
  • Utilities Cable Available: Yes
  • Property Condition Average: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: 1028

Interior Features

  • Has Basement: Dirt Floor, Exterior Entry
  • Flooring: Hardwood, Other, See Remarks
  • Interior Amenities: Kitchen/Dining Combo, Laminate Counters
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • General Property Description Baths - Full: 1
  • General Property Description Baths - 12: 1
  • Interior Features:Laminate Counters: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Dirt Floor: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Composition
  • Topography: Level
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Porch
  • Exterior Finish Vinyl Siding: Yes
  • PorchPatioDeck Porch: Yes

Garage/Parking

  • Parking Features: Gravel, None
  • Attached Garage: No
  • Parking Features:Gravel: Yes

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Schools

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

Lot Info

  • Zoning: R
  • Lot Dimensions: 75 X 110
  • Parcel #: 031F G 004.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2016
Closed on
Aug 18, 2016
Sold by
Secretary Of Veterans Affa
Bought by
Bailey Chad Morgan
Seller's Agent
Ashley Foran
Southeastern Properties
Buyer's Agent
Scott Metcalf
REMAX Checkmate, Inc. Realtors
List Price
$75,000
Sold Price
$78,795
Premium/Discount to List
$3,795
5.06%
Current Estimated Value
$181,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,567
Avg. Annual Appreciation
9.32%
Original Mortgage
$80,295
Outstanding Balance
$63,718
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$117,644

Purchase Details

Closed on
May 10, 2016
Sold by
Pringle Barbara A
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Oct 11, 2006
Sold by
Kip Lemmon Joseph
Bought by
Pringle Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.45%
Mortgage Type
VA

Purchase Details

Closed on
Jul 29, 1996
Sold by
Owens Karen Evir
Bought by
Lemmon Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,200
Interest Rate
8.26%

Purchase Details

Closed on
Aug 29, 1992
Bought by
Owens Karen Evir Bryant K

Purchase Details

Closed on
Apr 19, 1990
Bought by
Mathes Scott
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bailey Chad Morgan $78,795 --
Secretary Of Veterans Affairs -- --
Pringle Barbara A $105,000 --
Lemmon Joseph $49,000 --
Owens Karen Evir Bryant K $45,000 --
Mathes Scott $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Chad Morgan $80,295
Previous Owner Mathes Scott $85,000
Previous Owner Mathes Scott $39,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2016 08/29/16 Sold $78,795 +5.1% $70 / Sq Ft
08/29/2016 08/29/16 Pending -- -- --
06/14/2016 06/14/16 For Sale $75,000 -- $67 / 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
2025 $741 $28,400 $4,600 $23,800
2024 $741 $28,400 $4,600 $23,800
2023 $741 $28,400 $0 $0
2022 $1,109 $28,400 $4,600 $23,800
2021 $1,172 $24,850 $4,600 $20,250
2020 $1,130 $24,850 $4,600 $20,250
2019 $1,130 $24,850 $4,600 $20,250
2018 $1,025 $24,725 $4,600 $20,125
2017 $1,022 $24,725 $4,600 $20,125
2016 $1,086 $26,525 $4,600 $21,925
2015 $998 $26,525 $0 $0
2014 $998 $26,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 378764

Tennessee/Virginia Regional MLS

APN: 031F-G-00400-000