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1505 Seward Drive

1505 Seward Drive, Johnson City, TN 37604
Property in Washington
Sold Apr 16, 2021
$150,000
$150,893 by Preston Construction Co
Mortgage Due Apr 15, 2036
1505 Seward Drive has been categorized by the local assessors in Johnson City, TN as a residential type of property. The building on the property was first built in 1968 and is 56 years old. However, we must point out that the home was most recently renovated and altered in 1984. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1505 Seward Drive has 1,650 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 1,650 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 492,228 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 garage for those who require parking. The garage measured 800 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying a unknown. 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 brick. While the interior walls have been made of paneling. As for the floors, you'll see that the home has flooring throughout. In terms of heating, it is utilizing a radiant heating system. Finally, the property is currently sourcing its water from a municipal system. The building on the property is connected to a sewer system. The property was last sold in Apr 16, 2021 for $150,000. That's $36.59 per sqft. 1505 Seward Drive was last assessed in 2022. The total value of the property was assessed at $69,325. Specifically, the land the property is located on was valued at $69,325. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,689. The initial tax year of delinquency was in 2022. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1984
  • Building Count: 1
  • 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: Paneling
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 1,650
  • Garage Type: Garage
  • Garage Square Area: 800
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 492,228
  • Total Building Area: 4,100
  • Building Area: 1,650
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Radiant
  • Heated Square Feet: 1,650
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SURVEY FOR VICTOR LEONARD
  • Land Acres: 11.3
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: DISTRICT: 8

Ownership

  • Current Owner : PRESTON JOHN RICHARD
  • Current Owner 2: PRESTON HOLLY BARNES
  • Previous Owner : LEONARD DORIS SAYLOR
  • Previous Owner 2: ESTATE OF VICTOR DEAN LEONARD
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Johnson City School District
  • School Tax School District: 90371
  • Census Tract: 060602

Geography

  • Assessors Map Reference: 062B
  • District: 08
  • Parcel: 062B-A-013.00
  • Municipality: JOHNSON CITY
  • Latitude: 36.2912
  • Longitude: -82.3757

    Address

  • Full Address: 1505 Seward Dr
  • Address - House Number: 1505
  • Address - Street Name: Seward
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Johnson City
  • Carrier Code: C032
  • 4-Digit Zip Code: 7141
  • Zip Code: 37604

Valuation

    Tax

  • Total Area: 1,650
  • Tax Year: 2022
  • Tax Amount: $2,689
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 90A01

    Appraisal Valuation

  • Standard Deviation: 0.4605
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 7
  • Final Value: 388,723
  • High Value: 567,733
  • Low Value: 209,712

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,893
  • First Open Lien Mortgage Lender: PRESTON CONSTRUCTION CO
  • First Open Lien Mortgage Recording Date: Apr 16, 2021
  • First Open Lien Mortgage Loan Amount: $150,893
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Apr 15, 2036

    Market Valuation

  • Market Total Value: $277,300
  • Market Land Value: $277,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $69,325
  • Assessed Land Value: $69,325

    Sales

  • Current Sale Contract Date: Apr 16, 2021
  • Current Sale Recording Date: Apr 16, 2021
  • Current Sale Transaction ID: 11831083848
  • Current Sale Price: $150,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21008141

    Last Sale Mortgage

  • First Mortgage Lender: PRESTON CONSTRUCTION CO
  • First Mortgage Transaction Date: Apr 16, 2021
  • First Mortgage Loan Amount: $150,893
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Apr 15, 2036

About Johnson City



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Nearby Rentals

Unit for rent at

$3,350 /mo

  • 5 Beds
  • 3.5 Baths
  • 3,497 ft²
Listing by Samantha Lloyd
Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath

Frequently Asked Questions

What neighborhood is 1505 Seward Drive located in?
The 1505 Seward Drive is a located in the neighborhood of Washington in Johnson City, Johnson City.
What is the average sales price for listings in 1505 Seward Drive?
The average sales price for units in 1505 Seward Drive is $0 currently.

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