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117 North Commerce Street

117 North Commerce Street, Johnson City, TN 37604
Commercial in Washington
117 North Commerce Street in Johnson City, TN was first built in 1940 and is 84 years old. This has been categorized as a commercial property type. For those interested in architecture, the building on the property was built in a custom style. It is a single story home. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 117 North Commerce Street has 5,489 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 400 ft and the linear feet between the front and back of the lot is 1,400. In total, the area measurement of the land is 1,742,400 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a flat style roof made of asphalt and ply sheets in a built-up roof style. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. While the interior walls are made of unfinished materials. Walk inside and you'll find flooring throughout the home. As for heating, the home is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 117 North Commerce Street sold most recently in May 23, 2019 for a total of $400,000. If you work out the math, that's approximately a cost of $72.87 per sqft. Before that, the property was also sold for $100,000 in Feb 6, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,756 in taxes each year. The initial year of tax delinquency occurred in 2022. 117 North Commerce Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $45,240. If we break it down further, the land itself was valued at $5,480. Improvements to the property, however, were assessed at a total of $39,760. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20181125 Unit NA
11/25/2018
NA
Studio
-
5499 ft²
$220,000
bedrooms
Studio
bathrooms
-
square feet
5499 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 2
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Masonry
  • Building Style: Custom
  • Exterior Walls Type: Brick
  • Interior Walls Type: Unfinished materials
  • Roof Shape Type: Flat
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,742,400
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 400
  • Total Building Area: 5,489
  • Gross Building Area: 5,489
  • Building Area: 5,489
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 5,489
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Land Acres: 40
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: SCOTTS HEAT & AIR 40 X 139.5

Ownership

  • Current Owner : ADAMS NICK D
  • Current Owner 2: MCKENZIE SPENCER
  • Previous Owner : RICHARD AND KRISTINA NELSON LIVING TRUST
  • Owner Before Previous Owner: SCOTT DWIGHT D

Neighborhood

  • School District Name: Johnson City School District
  • School Tax School District: 90371
  • Census Tract: 060100

Geography

  • Assessors Map Reference: 046N
  • District: 09
  • Parcel: 046N-L-031.00
  • Municipality: JOHNSON CITY
  • Latitude: 36.3176
  • Longitude: -82.3531

    Address

  • Full Address: 117 N Commerce St
  • Address - House Number: 117
  • Street Direction: N
  • Address - Street Name: Commerce
  • Address - Suffix Type: St
  • State: TN
  • City Name: Johnson City
  • Carrier Code: C039
  • 4-Digit Zip Code: 4716
  • Zip Code: 37604

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,756
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 90B01

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $536,250
  • First Open Lien Mortgage Lender: EASTMAN CREDIT UNION
  • First Open Lien Mortgage Recording Date: May 26, 2022
  • First Open Lien Mortgage Loan Amount: $536,250
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2037

    Market Valuation

  • Market Total Value: $113,100
  • Market Land Value: $13,700
  • Market Improvement Value: $99,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $45,240
  • Assessed Land Value: $5,480
  • Assessed Improvements Value: $39,760

    Sales

  • Current Sale Contract Date: May 23, 2019
  • Current Sale Recording Date: May 28, 2019
  • Current Sale Transaction ID: 11609449478
  • Current Sale Price: $400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19008304
  • Previous Sale Recording Date: Feb 13, 2015
  • Previous Sale Contract Date: Feb 06, 2015
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST TENNESSEE BANK NA
  • First Mortgage Transaction Date: May 28, 2019
  • First Mortgage Loan Amount: $340,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: May 23, 2024

About Johnson City



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 117 North Commerce Street located in?
The 117 North Commerce Street is a commercial located in the neighborhood of Washington in Johnson City, Johnson City.
What is the average sales price for listings in 117 North Commerce Street?
The average sales price for units in 117 North Commerce Street is $0 currently.

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