NOT LISTED FOR SALE

870 Gap Creek Rd Elizabethton, TN 37643

Estimated Value: $148,000 - $231,000

3 Beds
1 Bath
1,350 Sq Ft
$134/Sq Ft Est. Value

Last Sold November 17, 2022

Last sale price $115,000 $85 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $990/month

40 Days on Market

Highlights

  • Mountain View
  • Deck
  • Covered Patio or Porch
  • Chalet
  • Wooded Lot
  • Paneling

About This Home

As of November 2022

BACK ON THE MARKET WITH GENEROUS PRICE REDUCTION!! SELLER IS MOTIVATED AND READY TO SELL!!
Charming home conveniently located on the outskirts of Elizabethton. This adorable abode boasts 3 bedrooms / 1 bath and is sitting on 1.27 acres. Enjoy coffee on the front porch while taking in the beautiful mountain views that surround you. Perfect starter home or investment property. All Appliances convey. Only minutes away from Sycamore Shoals Hospital, all major shops and restaurants, covered bridge, and Watauga Lake (All buyers and/or buyer's agent to verify all info). HOME IS BEING SOLD ''AS IS''

Last Agent to Sell the Property

Ashley Blevins

Century 21 Legacy Fort Henry License #358758 Listed on: 10/11/2022

Last Buyer's Agent

Elizabeth Whittemore

KW Johnson City License #351128

KW Johnson City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $473

Year Built

  • Built in 1930

Lot Details

  • 1.27 Acre Lot
  • Lot Dimensions are 130x418x219x346
  • Level Lot
  • Wooded Lot
  • Property is in average condition
  • Property is zoned R1

Home Design

  • Chalet
  • Fixer Upper
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Paneling
  • Ceiling Fan
  • Mountain Views
  • Partially Finished Basement

Kitchen

  • Convection Oven
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Schools

  • Happy Valley Elementary And Middle School
  • Happy Valley High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Propane
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 048 033.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$473

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Directions: 19E Turn right on Hatcher Lane, slight right on Bob Little Rd, Turn right on Short Coal rd. to Gap creek rd House is on left. 870 Gap Creek Rd.
  • Prop. Type: Residential
  • Year Built: 1930
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Not In Subdivision
  • Architectural Style: Chalet
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 1.27
  • General Property Description Zoning2: R1
  • General Property Description Elementary School3: Happy Valley
  • General Property Description Middle School2: Happy Valley
  • General Property Description High School3: Happy Valley
  • Water Public: Yes
  • General Property Description Lot Dimensions: 130x418x219x346
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1350.0
  • General Property Description Above Grade SqFt: 844.0
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • General Property Description Parcel ID2: 048 033.01
  • Other Structures Shed(s): Yes
  • Roof Composition: Yes
  • View Mountain(s): Yes
  • AC Ceiling Fan(s): Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Other Rooms Laundry: Yes
  • Utilities Cable Available: Yes
  • Excluded From Sale A C Window Units: Yes
  • Property Condition Fixer: Yes
  • Walls Paneling: Yes
  • Property Condition Average: Yes
  • Heating Propane3: Yes
  • TopographyLot Description Wooded: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Convection Oven, Electric Range, Refrigerator
  • Has Basement: Partially Finished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 506.0
  • General Property Description Baths - Full: 1
  • Basement:Partially Finished: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Convection Oven: Yes

Exterior Features

  • Property Condition: Average, Fixer
  • Roof: Composition
  • Other Structures: Shed(s)
  • View: Mountain(s)
  • Acres: 1.27
  • Topography: Level, Wooded
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Patio And Porch Features: Covered, Deck, Side Porch
  • Exterior Finish Wood Siding: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Deck: Yes
  • PorchPatioDeck Side Porch: Yes

Utilities

  • Heating: Propane, See Remarks
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Sewer Septic Tank: Yes
  • Heating:See Remarks10: Yes

Schools

  • Elementary School: Happy Valley
  • High School: Happy Valley
  • Middle Or Junior School: Happy Valley

Lot Info

  • Zoning: R1
  • Lot Dimensions: 130x418x219x346
  • Lot Size Sq Ft: 55321.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 048 033.01
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2022
Closed on
Nov 17, 2022
Sold by
Mullins Travis
Bought by
Heath Clyde
Seller's Agent
Ashley Blevins
Century 21 Legacy Fort Henry
Buyer's Agent
Elizabeth Whittemore
KW Johnson City
List Price
$155,900
Sold Price
$115,000
Premium/Discount to List
-$40,900
-26.23%
Current Estimated Value
$180,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,843
Avg. Annual Appreciation
16.59%
Original Mortgage
$112,575
Outstanding Balance
$109,078
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$71,765

Purchase Details

Closed on
Aug 10, 2020
Sold by
Richardson Gregg
Bought by
Mullins Travis

Purchase Details

Closed on
Jul 29, 1978
Bought by
Trusler Mary Louise and Trusler Lawrence
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
Heath Clyde $118,500 Classic Title
Mullins Travis $50,000 None Available
Trusler Mary Louise -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heath Clyde $112,575
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2022 11/17/22 Sold $115,000 -26.2% $85 / Sq Ft
10/21/2022 10/21/22 Pending -- -- --
09/10/2022 09/10/22 For Sale $155,900 -- $115 / 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 $473 $21,700 $8,550 $13,150
2023 $473 $21,700 $0 $0
2022 $441 $21,700 $8,550 $13,150
2021 $441 $21,700 $8,550 $13,150
2020 $383 $21,700 $8,550 $13,150
2019 $383 $15,500 $7,225 $8,275
2018 $383 $15,500 $7,225 $8,275
2017 $383 $15,500 $7,225 $8,275
2016 $380 $15,500 $7,225 $8,275
2015 $380 $15,500 $7,225 $8,275
2014 $380 $15,525 $7,300 $8,225
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9943321

Tennessee/Virginia Regional MLS

APN: 048-033.01