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5628 Lamberth Street

5628 Lamberth Street, Kingsport, TN 37664
Property in Sullivan
Sold May 06, 2022
$275,000
$275,000 by New Day Financial Llc
Mortgage Due May 01, 2052
Sold Oct 07, 2021
$85,000
$110,000 by The First Bank & Trust Co
Mortgage Due Oct 04, 2022
Local assessors in Kingsport, TN have categorized 5628 Lamberth Street as a residential type of property. The home was built in 1958 and is 66 years old. It was most recently renovated and altered in 1973. The property's lot size has been calculated to be 35,828 square feet. The linear feet between the front and back of the lot was measured at 1,690 ft and the front of the lot was measured at 2,120 ft. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. 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 5628 Lamberth Street has a total of 1,429 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 partial basement that is 686 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. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. There are 3 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 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 composition shingle. Lots of unknown 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. 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, 5628 Lamberth Street was last sold in Apr 18, 2022 for $275,000. According to our calculations, that's $192.44 per sqft. Prior to that sales transaction, the property was sold for $85,000 in Oct 4, 2021. Current property owners are expected to pay $587 in taxes per year. The property on 5628 Lamberth Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $24,400. To break that down further, the land itself was valued at $6,550. While improvements to the property were assessed at a total of $17,850. 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. 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.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: 1958
  • Effective Year Built: 1973
  • 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: Partial basement
  • Basement Area: 686
  • Garage Type: Carport
  • Parking Space Count: 3
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 35,828
  • Lot Size Depth Feet: 1,690
  • Lot Size Frontage Feet: 2,120
  • Total Building Area: 1,429
  • Building Area: 1,429
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,429
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MYRA HTS SUB
  • Land Acres: 0.822
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 10, COUNTY AREA: A40

Ownership

  • Current Owner : BROOKS JERRY M
  • Previous Owner : VAUGHN RICKY P
  • Owner Before Previous Owner: TOMLINSON LINDA
  • Owner Before Previous Owner 2: WILLIAMS MARY SUE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Sullivan County School District
  • Census Tract: 042200

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 048H
  • District: 10
  • Parcel: 082048H B 01500
  • Lot: 18
  • Latitude: 36.551
  • Longitude: -82.4699

    Address

  • Full Address: 5628 Lamberth Dr
  • Address - House Number: 5628
  • Address - Street Name: Lamberth
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Kingsport
  • Carrier Code: R008
  • 4-Digit Zip Code: 4509
  • Zip Code: 37664

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $587
  • Tax Rate Code Area: 82A00

    Appraisal Valuation

  • Standard Deviation: 0.1301
  • Valuation Date: Feb 01, 2023
  • Confidence Score: 73
  • Final Value: 126,558
  • High Value: 143,023
  • Low Value: 110,092

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $275,000
  • First Open Lien Mortgage Lender: NEW DAY FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: May 06, 2022
  • First Open Lien Mortgage Loan Amount: $275,000
  • 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: May 01, 2052

    Market Valuation

  • Market Total Value: $97,600
  • Market Land Value: $26,200
  • Market Improvement Value: $71,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $24,400
  • Assessed Land Value: $6,550
  • Assessed Improvements Value: $17,850

    Sales

  • Current Sale Contract Date: Apr 18, 2022
  • Current Sale Recording Date: May 06, 2022
  • Current Sale Transaction ID: 11887334044
  • Current Sale Price: $275,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 9489
  • Previous Sale Recording Date: Oct 07, 2021
  • Previous Sale Contract Date: Oct 04, 2021
  • Previous Sale Amount: $85,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW DAY FINANCIAL LLC
  • First Mortgage Transaction Date: May 06, 2022
  • First Mortgage Loan Amount: $275,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: May 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: THE FIRST BANK & TRUST CO
  • Previous Mortgage Transaction Date: Oct 07, 2021
  • Previous Mortgage Loan Amount: $110,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Previous Mortgage Loan Due Date: Oct 04, 2022

About Sullivan



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Frequently Asked Questions

What neighborhood is 5628 Lamberth Street located in?
The 5628 Lamberth Street is a located in the neighborhood of Sullivan in Sullivan, Kingsport.
What is the average sales price for listings in 5628 Lamberth Street?
The average sales price for units in 5628 Lamberth Street is $0 currently.

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