1024 South Wilcox Drive

Local assessors in Kingsport, TN have categorized 1024 South Wilcox Drive as a commercial type of property. The home was built in 1950 and is 74 years old. It was most recently renovated and altered in 1961. The property's lot size has been calculated to be 13,072 square feet. The linear feet between the front and back of the lot was measured at 1,720 ft and the front of the lot was measured at 760 ft. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C-. The building has a shed style roof that was made of metal. Lots of concrete block were used in the construction of the exterior walls of the home. While the walls in the interior have been made of paneling. As for flooring, was the material of choice during construction. Residents rely on a packaged air conditioning unit for their cooling system. The home's a heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1024 South Wilcox Drive was last sold in Jan 1, 1970 for $100,000. According to our calculations, that's $24.19 per sqft. Current property owners are expected to pay $2,738 in taxes per year. The property on 1024 South Wilcox Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $62,160. To break that down further, the land itself was valued at $17,320. While improvements to the property were assessed at a total of $44,840. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.