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313 Arbor Terrace

313 Arbor Terrace, Kingsport, TN 37660
House in Sullivan
Sold May 21, 2020
$141,000
$37,000 by Eastman Cu
Mortgage Due Jun 01, 2035
Sold Jun 05, 2007
$125,000
$78,000 by Eastman Cu
Mortgage Due Jun 19, 2037
Local assessors in Kingsport, TN have categorized 313 Arbor Terrace as a residential type of property. The home was built in 1992 and is 32 years old. It was most recently renovated and altered in 2009. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. As for the restroom situation, there are 3 full bathrooms. There are also 3 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 313 Arbor Terrace has a total of 1,206 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 unknown for those who need a place to park their vehicle. The garage on the property is 240 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 - B. The building has a gable or hip style roof that was made of composition shingle. 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 and it is being fueled with gas. 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, 313 Arbor Terrace was last sold in May 21, 2020 for $141,000. According to our calculations, that's $116.92 per sqft. Prior to that sales transaction, the property was sold for $125,000 in Jan 1, 1970. Current property owners are expected to pay $1,477 in taxes per year. The property on 313 Arbor Terrace was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $33,550. To break that down further, the land itself was valued at $4,125. While improvements to the property were assessed at a total of $29,425. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1992
  • Effective Year Built: 2009
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Condo
  • Exterior Walls Type: Brick
  • 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 Square Area: 240
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,206
  • Building Area: 1,206
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,206
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: THE ARBOR PHASE 1
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : QUILLEN NANCY J
  • Previous Owner : KIRBY PATSY SWIFT
  • Previous Owner 2: CHILDRESS BANNER G
  • Owner Before Previous Owner: ELLIOTT LUCILE B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School Tax School District: 82380
  • Census Tract: 041400

Geography

  • Assessors Map Reference: 075K
  • District: 13
  • Parcel: 082075K B 00100C007
  • Block: D
  • Lot: D3
  • Municipality: KINGSPORT
  • Latitude: 36.5068
  • Longitude: -82.5826

    Address

  • Full Address: 313 Arbor Ter
  • Address - House Number: 313
  • Address - Street Name: Arbor
  • Address - Suffix Type: Ter
  • State: TN
  • City Name: Kingsport
  • Carrier Code: R015
  • 4-Digit Zip Code: 7598
  • Zip Code: 37660

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,477
  • Tax Rate Code Area: 82A04

    Appraisal Valuation

  • Standard Deviation: 0.2544
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 64
  • Final Value: 212,583
  • High Value: 266,670
  • Low Value: 158,495

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $37,000
  • First Open Lien Mortgage Lender: EASTMAN CU
  • First Open Lien Mortgage Recording Date: May 21, 2020
  • First Open Lien Mortgage Loan Amount: $37,000
  • 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, 2035

    Market Valuation

  • Market Total Value: $134,200
  • Market Land Value: $16,500
  • Market Improvement Value: $117,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $33,550
  • Assessed Land Value: $4,125
  • Assessed Improvements Value: $29,425

    Sales

  • Current Sale Contract Date: May 21, 2020
  • Current Sale Recording Date: May 21, 2020
  • Current Sale Transaction ID: 11762008866
  • Current Sale Price: $141,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20009467
  • Previous Sale Recording Date: Jun 05, 2007
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: EASTMAN CU
  • First Mortgage Transaction Date: May 21, 2020
  • First Mortgage Loan Amount: $37,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: EASTMAN CU
  • Previous Mortgage Transaction Date: Jun 20, 2007
  • Previous Mortgage Loan Amount: $78,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jun 19, 2037

About Kingsport



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Frequently Asked Questions

What neighborhood is 313 Arbor Terrace located in?
The 313 Arbor Terrace is a house located in the neighborhood of Sullivan in Kingsport, Kingsport.
What is the average sales price for listings in 313 Arbor Terrace?
The average sales price for units in 313 Arbor Terrace is $142,900 , or $118/sqft. currently.

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