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1420 Belmont Drive

1420 Belmont Drive, Kingsport, TN 37664
Property in Sullivan
Sold Oct 27, 2016
$85,000
$83,460 by Crescent Mortgage
Mortgage Due Nov 01, 2046
Sold Sep 25, 2009
$89,998
$88,367 by Citizens Bank
Mortgage Due Sep 25, 2039
1420 Belmont Drive 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 1955 and is 69 years old. However, we must point out that the home was most recently renovated and altered in 2005. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1420 Belmont Drive has 1,000 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,180 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 5,900 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 carport for those who require parking. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a open porch. 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 C 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 unknown. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. 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. 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. 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, 1420 Belmont Drive was last sold in Oct 24, 2016 for $85,000. According to our calculations, that's $85.00 per sqft. Prior to that sales transaction, the property was sold for $89,998 in Jan 1, 1970. Current property owners are expected to pay $1,038 in taxes per year. The property on 1420 Belmont Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $23,550. To break that down further, the land itself was valued at $2,825. While improvements to the property were assessed at a total of $20,725. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 2005
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,900
  • Lot Size Depth Feet: 1,180
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,000
  • Building Area: 1,000
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,000
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CITY OF KINGSPORT
  • Land Acres: 0.135
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 11, COUNTY AREA: A60

Ownership

  • Current Owner : FREEMAN DENISE R
  • Previous Owner : LYON KIMBERLY J
  • Owner Before Previous Owner: SMITH MATTHEW S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Kingsport City School District
  • School Tax School District: 82380
  • Census Tract: 040300

Geography

  • Assessors Map Reference: 061C
  • District: 11
  • Parcel: 082061C K 04100
  • Block: 194
  • Lot: 44
  • Municipality: KINGSPORT
  • Latitude: 36.5363
  • Longitude: -82.5393

    Address

  • Full Address: 1420 Belmont Dr
  • Address - House Number: 1420
  • Address - Street Name: Belmont
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Kingsport
  • Carrier Code: C052
  • 4-Digit Zip Code: 3003
  • Zip Code: 37664

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,038
  • Tax Rate Code Area: 82A04

    Appraisal Valuation

  • Standard Deviation: 0.1334
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 73
  • Final Value: 98,503
  • High Value: 111,644
  • Low Value: 85,361

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $83,460
  • First Open Lien Mortgage Lender: CRESCENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 27, 2016
  • First Open Lien Mortgage Loan Amount: $83,460
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2046

    Market Valuation

  • Market Total Value: $94,200
  • Market Land Value: $11,300
  • Market Improvement Value: $82,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $23,550
  • Assessed Land Value: $2,825
  • Assessed Improvements Value: $20,725

    Sales

  • Current Sale Contract Date: Oct 24, 2016
  • Current Sale Recording Date: Oct 27, 2016
  • Current Sale Transaction ID: 1858629730
  • Current Sale Price: $85,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 16018273
  • Previous Sale Recording Date: Sep 25, 2009
  • Previous Sale Amount: $89,998
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CRESCENT MORTGAGE
  • First Mortgage Transaction Date: Oct 27, 2016
  • First Mortgage Loan Amount: $83,460
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: CITIZENS BANK
  • Previous Mortgage Transaction Date: Sep 28, 2009
  • Previous Mortgage Loan Amount: $88,367
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Sep 25, 2039

About Kingsport



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Frequently Asked Questions

What neighborhood is 1420 Belmont Drive located in?
The 1420 Belmont Drive is a located in the neighborhood of Sullivan in Kingsport, Kingsport.
What is the average sales price for listings in 1420 Belmont Drive?
The average sales price for units in 1420 Belmont Drive is $0 currently.

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