NOT LISTED FOR SALE

714 Maple Oak Ln Kingsport, TN 37660

Estimated Value: $268,000 - $335,369

-- Bed
4 Baths
2,240 Sq Ft
$134/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $294,000 $131 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,791/month

29 Days on Market

Highlights

  • Double Pane Windows
  • Level Lot
  • Vinyl Flooring
  • Abraham Lincoln Elementary School Rated A-

About This Home

As of September 2022

Completely remodeled 4 unit complex in downtown Kingsport. This building features 4 one bedroom one bathroom units that are all currently rented (outside of one unit being owner occupied). Each unit has its own 12000 BTU 230 Volt (1 ton) mini split for heating and cooling. Units rent for $650 per month as well as a back parking space that the owner rents to a local business for $40 per month. Price reflects the ability to immediately cash flow on this property.

Last Agent to Sell the Property

Chris McMeans

Century 21 Legacy Fort Henry License #314995 Listed on: 07/04/2022

Century 21 Legacy Fort Henry

Last Buyer's Agent

Kelly Johnson

Fathom Realty License #358306

Fathom Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1933

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 50 x 138.32
  • Level Lot
  • Property is in good condition

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,240 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Vinyl Flooring
  • Range

Schools

  • Lincoln Elementary School
  • Sevier Middle School
  • Dobyns Bennett High School

Community Details

  • 4 Units
  • City Of Kingsport Subdivision
  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 046o B 043.00
  • Tax Block 65

Property Details

Home Type

Multi-Family

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Directions: Center St.to right on Mapleoak Dr., building on left, see sign. (GPS Friendly)
  • Prop. Type: Residential Income
  • Year Built: 1933
  • Property Sub Type: Multi-Family
  • Subdivision Name: City Of Kingsport
  • Unit Levels: Two
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 046o B 043.00
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.19
  • General Property Description Zoning2: Commercial
  • General Property Description Elementary School3: Lincoln
  • General Property Description Middle School2: Sevier
  • General Property Description High School3: Dobyns Bennett
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 50 X 138.32
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Roof Shingle: Yes
  • Financing FHA: Yes
  • General Property Description Stories2: 2
  • Location Tax Legal Info Block: 65
  • Flooring Vinyl: Yes
  • General Property Description # Buildings: 1
  • General Property Description Total Units: 4
  • General Property Description Home Warranty2: No
  • Levels:Two: Yes
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator
  • Flooring: Vinyl, Plank
  • Window Features: Double Pane Windows
  • Appliances Range: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Shingle
  • Lot Features: Level
  • Acres: 0.19
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Exterior Finish Vinyl Siding: Yes
  • Window Features:Double Pane Windows: Yes

Utilities

  • Heating: See Remarks
  • Sewer: Public Sewer
  • Cooling: See Remarks
  • Water Source: Public
  • Heating:See Remarks10: Yes

Schools

  • Elementary School: Lincoln
  • High School: Dobyns Bennett
  • Middle Or Junior School: Sevier

Lot Info

  • Zoning: Commercial
  • Lot Dimensions: 50 X 138.32
  • Lot Size Sq Ft: 8276.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 046o B 043.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2022
Closed on
Sep 30, 2022
Sold by
Beck Cameron G
Bought by
Holbrook Robert and Sanders Justin
Seller's Agent
Chris McMeans
Century 21 Legacy Fort Henry
Buyer's Agent
Kelly Johnson
Fathom Realty
List Price
$300,000
Sold Price
$294,000
Premium/Discount to List
-$6,000
-2%
Current Estimated Value
$303,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,941
Avg. Annual Appreciation
1.78%
Original Mortgage
$249,900
Outstanding Balance
$221,653
Interest Rate
5.75%
Mortgage Type
Balloon
Estimated Equity
$87,530

Purchase Details

Listed on
Apr 29, 2021
Closed on
Jun 25, 2021
Sold by
Pendleton Matthew and Pendleton Andrea
Bought by
Beck Cameron G
Seller's Agent
ANDREA PENDLETON
Century 21 Legacy Fort Henry
Buyer's Agent
DeAnne McKenzie
KW Johnson City
List Price
$300,000
Sold Price
$250,000
Premium/Discount to List
-$50,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.62%
Original Mortgage
$245,471
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 13, 2020
Sold by
Dmk Properties Inc
Bought by
Pendleton Matthew and Pendleton Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2008
Sold by
Burnham Gail J
Bought by
Hickman Mark S

Purchase Details

Closed on
Oct 20, 2006
Sold by
Paul Welborn
Bought by
Burnham James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6.31%
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
Holbrook Robert $294,000 Patriot Title
Beck Cameron G $250,000 None Available
Pendleton Matthew $87,500 None Available
Hickman Mark S $67,900 --
Burnham James R $96,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holbrook Robert $249,900
Previous Owner Beck Cameron G $245,471
Previous Owner Pendleton Matthew $73,500
Previous Owner Burnham James R $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $294,000 -2.0% $131 / Sq Ft
08/03/2022 08/03/22 Pending -- -- --
07/04/2022 07/04/22 For Sale $300,000 +20.0% $134 / Sq Ft
06/25/2021 06/25/21 Sold $250,000 -16.7% $112 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $300,000 -- $134 / 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 -- $34,520 $2,640 $31,880
2023 $1,521 $34,520 $2,640 $31,880
2022 $1,521 $34,520 $2,640 $31,880
2021 $1,479 $34,520 $2,640 $31,880
2020 $970 $34,520 $2,640 $31,880
2019 $1,749 $37,760 $2,640 $35,120
2018 $1,709 $37,760 $2,640 $35,120
2017 $1,709 $37,760 $2,640 $35,120
2016 $1,702 $36,640 $2,640 $34,000
2014 $1,603 $36,627 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9940287

Tennessee/Virginia Regional MLS

APN: 046O-B-043.00