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228 Moreland Drive

228 Moreland Drive, Kingsport, TN 37660
Multifamily in Sullivan
1 Units For Sale
Unit for sale at 228 Moreland Drive, Kingsport, TN 37660

$219,500

  • Studio
  • 2,372 ft²
228 Moreland Drive, Kingsport, TN 37660 Listing by Kelly Johnson

228 Moreland Drive in Kingsport, TN was first built in 1977 and is 47 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 228 Moreland Drive has 1,809 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 basement is 1,809 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 860 ft and the linear feet between the front and back of the lot is 4,260. In total, the area measurement of the land is 36,636 square feet.

Learn more about the property and building on this page. There is a porch. The home has a gable or hip style roof made of metal. Water for the property is sourced from a municipal system. The property is connected to a sewer system. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of unknown. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. As for heating, the home is utilizing a radiant 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, 228 Moreland Drive sold most recently in Apr 9, 2021 for a total of $115,500. If you work out the math, that's approximately a cost of $63.85 per sqft. Before that, the property was also sold for $81,500 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 $0 in taxes each year. The initial year of tax delinquency occurred in 2018. 228 Moreland Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $49,560. If we break it down further, the land itself was valued at $8,840. Improvements to the property, however, were assessed at a total of $40,720. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20201011
10/11/2020
Studio
-
1472 ft²
$135,000
bedrooms
Studio
bathrooms
-
square feet
1472 ft²
$115,500 -14.44%
04/12/2021
-
JIM RIGSBY
20200224
02/24/2020
Studio
-
1472 ft²
$135,000
bedrooms
Studio
bathrooms
-
square feet
1472 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Duplex
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 3
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 1,809
  • Parking Space Count: 0
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 36,636
  • Lot Size Depth Feet: 4,260
  • Lot Size Frontage Feet: 860
  • Total Building Area: 1,809
  • Building Area: 1,809
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Radiant
  • Heated Square Feet: 1,809
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.841
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: DISTRICT: 13, COUNTY AREA: A60

Ownership

  • Current Owner : POLLINATE INVESTMENTS LLC
  • Previous Owner : MEADE ROBERT W
  • Previous Owner 2: MEADE BEVERLY L
  • Owner Before Previous Owner: HARKLEROAD JACK R
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sullivan County School District
  • Census Tract: 041400

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 076B
  • District: 13
  • Parcel: 082076B A 04100
  • Latitude: 36.5173
  • Longitude: -82.5541

    Address

  • Full Address: 228 Moreland Dr
  • Address - House Number: 228
  • Address - Street Name: Moreland
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Kingsport
  • Carrier Code: R015
  • 4-Digit Zip Code: 5490
  • Zip Code: 37660

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 82A00

    Appraisal Valuation

  • Standard Deviation: 0.0992
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 90
  • Final Value: 215,703
  • High Value: 237,112
  • Low Value: 194,294

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $392,400
  • First Open Lien Mortgage Lender: EASTMAN CU
  • First Open Lien Mortgage Recording Date: Apr 12, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $392,400
  • First Open Lien Mortgage Term: 228
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: May 01, 2040

    Market Valuation

  • Market Total Value: $123,900
  • Market Land Value: $22,100
  • Market Improvement Value: $101,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $49,560
  • Assessed Land Value: $8,840
  • Assessed Improvements Value: $40,720

    Sales

  • Current Sale Contract Date: Apr 09, 2021
  • Current Sale Recording Date: Apr 12, 2021
  • Current Sale Transaction ID: 11830545476
  • Current Sale Price: $115,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21008013
  • Previous Sale Recording Date: Jun 23, 2006
  • Previous Sale Amount: $81,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: EASTMAN CU
  • First Mortgage Transaction Date: Apr 12, 2021
  • First Mortgage Loan Amount: $392,400
  • First Mortgage Terms: 228
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: May 01, 2040

    Financing

  • First Mortgage Financing Type: Variable

About Sullivan



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Frequently Asked Questions

What neighborhood is 228 Moreland Drive located in?
The 228 Moreland Drive is a multifamily located in the neighborhood of Sullivan in Sullivan, Kingsport.
How many listings are currently for sale in 228 Moreland Drive?
There is one unit for sale right now.
What is the average sales price for listings in 228 Moreland Drive?
The average sales price for units in 228 Moreland Drive is $135,000 , or $92/sqft. currently.

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