Check Availability

1540 Carolina Avenue

1540 Carolina Avenue, Kingsport, TN 37664
Property in Sullivan
Sold Aug 05, 2021
Transfer
$87,150 by Pennymac Loan Services Llc
Mortgage Due Jul 01, 2051
Sold May 23, 2018
$89,000
$89,000 by Mortgage Research Center Llc
Mortgage Due Jun 01, 2048
Local assessors in Kingsport, TN have categorized 1540 Carolina Avenue as a residential type of property. The home was built in 1942 and is 82 years old. It was most recently renovated and altered in 1984. The property's lot size has been calculated to be 7,560 square feet. The linear feet between the front and back of the lot was measured at 1,400 ft and the front of the lot was measured at 540 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. If we look only at the heated or air conditioned part of the building, then 1540 Carolina Avenue has a total of 921 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 192 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 576 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 gable or hip style roof that was made of metal. Lots of brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $89,000 in May 21, 2018. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,011 in taxes each year. 1540 Carolina Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $22,950. If we break it down further, the land itself was valued at $3,925. Improvements to the property, however, were assessed at a total of $19,025. 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. 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.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: 1942
  • Effective Year Built: 1984
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 192
  • Garage Type: Detached
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,560
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 540
  • Total Building Area: 921
  • Building Area: 921
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 921
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BAYS VIEW SUB
  • Land Acres: 0.174
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 11, COUNTY AREA: A60

Ownership

  • Current Owner : BUTTS MARK C
  • Current Owner 2: BUTTS TIFFANY NOEL
  • Previous Owner : BUTTS MARK C
  • Owner Before Previous Owner: HUDDLESTON ROBERT
  • Owner Before Previous Owner 2: HUDDLESTON CYNTHIA LYNN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

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

Geography

  • Assessors Map Reference: 061F
  • District: 11
  • Parcel: 082061F F 01100
  • Block: 189
  • Lot: 20
  • Municipality: KINGSPORT
  • Latitude: 36.5333
  • Longitude: -82.5357

    Address

  • Full Address: 1540 Carolina Ave
  • Address - House Number: 1540
  • Address - Street Name: Carolina
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Kingsport
  • Carrier Code: C052
  • 4-Digit Zip Code: 3023
  • Zip Code: 37664

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,011
  • Tax Rate Code Area: 82A04

    Appraisal Valuation

  • Standard Deviation: 0.1334
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 73
  • Final Value: 126,301
  • High Value: 143,150
  • Low Value: 109,451

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $87,150
  • First Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Open Lien Mortgage Recording Date: Aug 05, 2021
  • First Open Lien Mortgage Loan Amount: $87,150
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $91,800
  • Market Land Value: $15,700
  • Market Improvement Value: $76,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $22,950
  • Assessed Land Value: $3,925
  • Assessed Improvements Value: $19,025

    Sales

  • Current Sale Contract Date: Mar 29, 2021
  • Current Sale Recording Date: Aug 05, 2021
  • Current Sale Transaction ID: 11846769480
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 21017421
  • Previous Sale Recording Date: May 23, 2018
  • Previous Sale Contract Date: May 21, 2018
  • Previous Sale Amount: $89,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Mortgage Transaction Date: Aug 05, 2021
  • First Mortgage Loan Amount: $87,150
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • Previous Mortgage Transaction Date: May 23, 2018
  • Previous Mortgage Loan Amount: $89,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jun 01, 2048

About Kingsport



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 1701 North John B Dennis Highway, Kingsport, TN, 37664

$1,000 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
1701 North John B Dennis Highway #16, Kingsport, TN, 37664 Listing by Casey Halsey

Frequently Asked Questions

What neighborhood is 1540 Carolina Avenue located in?
The 1540 Carolina Avenue is a located in the neighborhood of Sullivan in Kingsport, Kingsport.
What is the average sales price for listings in 1540 Carolina Avenue?
The average sales price for units in 1540 Carolina Avenue is $0 currently.

Quantcast