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1261 Watauga Street

1261 Watauga Street, Kingsport, TN 37660
House in Sullivan
Sold Feb 23, 2022
$810,000
$460,000 by Evolve Bank & Trust
Mortgage Due Mar 01, 2052
Sold Aug 31, 2010
$730,000
1261 Watauga Street has been categorized by the local assessors in Kingsport, TN as a residential type of property. The building on the property was first built in 1935 and is 89 years old. However, we must point out that the home was most recently renovated and altered in 2000. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1261 Watauga Street has 4,053 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 1,865 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 2,000 ft and across the front of the lot is 1,680 ft. The area measurement of the land has been determined as 33,600 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 588 sqft. According to our sources, there are a total of 2 available parking spaces. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of A- by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of brick. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 1261 Watauga Street sold most recently in Feb 16, 2022 for a total of $810,000. If you work out the math, that's approximately a cost of $199.85 per sqft. Before that, the property was also sold for $730,000 in Jan 1, 1970. 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 $8,611 in taxes each year. 1261 Watauga Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $195,500. If we break it down further, the land itself was valued at $13,650. Improvements to the property, however, were assessed at a total of $181,850. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 2000
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: A-
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,865
  • Garage Type: Detached
  • Garage Square Area: 588
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 33,600
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,680
  • Total Building Area: 4,053
  • Building Area: 4,053
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 4,053
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CITY OF KINGSPORT
  • Land Acres: 0.771
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 11, COUNTY AREA: A60

Ownership

  • Current Owner : CREEDON BENNETT MICHAEL
  • Current Owner 2: CREEDON ELENITA G
  • Previous Owner : DAVID GORDON FRANK AND VIRGINIA FRANK RE
  • Owner Before Previous Owner: CHANDLER DONALD LEE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Kingsport City School District
  • School Tax School District: 82380
  • Census Tract: 040700

Geography

  • Assessors Map Reference: 046N
  • District: 11
  • Parcel: 082046N G 00300
  • Block: 119
  • Lot: P 3
  • Municipality: KINGSPORT
  • Latitude: 36.5445
  • Longitude: -82.5417

    Address

  • Full Address: 1261 Watauga St
  • Address - House Number: 1261
  • Address - Street Name: Watauga
  • Address - Suffix Type: St
  • State: TN
  • City Name: Kingsport
  • Carrier Code: C015
  • 4-Digit Zip Code: 4563
  • Zip Code: 37660

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,611
  • Tax Rate Code Area: 82A04

    Appraisal Valuation

  • Standard Deviation: 0.2667
  • Valuation Date: Feb 01, 2023
  • Confidence Score: 61
  • Final Value: 866,456
  • High Value: 1,097,623
  • Low Value: 635,289

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $460,000
  • First Open Lien Mortgage Lender: EVOLVE BANK & TRUST
  • First Open Lien Mortgage Recording Date: Feb 23, 2022
  • First Open Lien Mortgage Loan Amount: $460,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2052

    Market Valuation

  • Market Total Value: $782,000
  • Market Land Value: $54,600
  • Market Improvement Value: $727,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $195,500
  • Assessed Land Value: $13,650
  • Assessed Improvements Value: $181,850

    Sales

  • Current Sale Contract Date: Feb 16, 2022
  • Current Sale Recording Date: Feb 23, 2022
  • Current Sale Transaction ID: 11880090577
  • Current Sale Price: $810,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3792
  • Previous Sale Recording Date: Aug 31, 2010
  • Previous Sale Amount: $730,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: EVOLVE BANK & TRUST
  • First Mortgage Transaction Date: Feb 23, 2022
  • First Mortgage Loan Amount: $460,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Mar 01, 2052

About Kingsport



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Frequently Asked Questions

What neighborhood is 1261 Watauga Street located in?
The 1261 Watauga Street is a house located in the neighborhood of Sullivan in Kingsport, Kingsport.
What is the average sales price for listings in 1261 Watauga Street?
The average sales price for units in 1261 Watauga Street is $0 currently.

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