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1201 Terrace Drive

1201 Terrace Drive, Johnson City, TN 37604
Property in Washington
Sold Jul 10, 2013
$205,000
$201,286 by Mortgage Research Center Llc
Mortgage
Sold Feb 16, 2005
$100,000
1201 Terrace Drive in Johnson City, TN was first built in 1959 and is 65 years old. Although, the building on the property was most recently renovated and altered in 1999. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a custom style. There are a total of 2 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 1201 Terrace Drive has 2,494 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 linear feet across the front of the lot is 820 ft and the linear feet between the front and back of the lot is 1,640. In total, the area measurement of the land is 3,571,920 square feet.

Learn more about the property and building on this page. There is a screened porch and a patio. The home has a gable or hip style roof made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 565 sqft. There are a total of 2 available parking spaces. 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. Walk into the home itself and you'll find that it is currently being cooled with a packaged air conditioning unit. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 1201 Terrace Drive was last sold in Jul 9, 2013 for $205,000. According to our calculations, that's $67.02 per sqft. Prior to that sales transaction, the property was sold for $100,000 in Jan 1, 1970. Current property owners are expected to pay $2,061 in taxes per year. The property on 1201 Terrace Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $53,100. To break that down further, the land itself was valued at $8,975. While improvements to the property were assessed at a total of $44,125. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1959
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Custom
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 565
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 3,571,920
  • Lot Size Depth Feet: 1,640
  • Lot Size Frontage Feet: 820
  • Total Building Area: 3,059
  • Gross Building Area: 3,115
  • Building Area: 2,494
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 2,494
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BELMONT ACRES SEC G
  • Land Acres: 82
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BELMONT ACRES SEC G PB: 3 PG: 128 LOT: 8 84.6 X 169 IRR

Ownership

  • Current Owner : MAREK GRETA I
  • Previous Owner : MALCOLM JEFFREY C
  • Owner Before Previous Owner: BOGGES BLANKENSHIP DOROTHY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Johnson City School District
  • School Tax School District: 90371
  • Census Tract: 060402

Geography

  • Assessors Map Reference: 045E
  • District: 10
  • Parcel: 045E-B-012.00
  • Lot: 8
  • Municipality: JOHNSON CITY
  • Latitude: 36.3315
  • Longitude: -82.3933

    Address

  • Full Address: 1201 Terrace Dr
  • Address - House Number: 1201
  • Address - Street Name: Terrace
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Johnson City
  • Carrier Code: C019
  • 4-Digit Zip Code: 2922
  • Zip Code: 37604

Valuation

    Tax

  • Total Area: 1,894
  • Tax Year: 2022
  • Tax Amount: $2,061
  • Tax Rate Code Area: 90A01

    Appraisal Valuation

  • Standard Deviation: 0.4748
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 5
  • Final Value: 307,823
  • High Value: 454,004
  • Low Value: 161,641

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $201,286
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Open Lien Mortgage Recording Date: Jul 10, 2013
  • First Open Lien Mortgage Loan Amount: $201,286
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $212,400
  • Market Land Value: $35,900
  • Market Improvement Value: $176,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $53,100
  • Assessed Land Value: $8,975
  • Assessed Improvements Value: $44,125

    Sales

  • Current Sale Contract Date: Jul 09, 2013
  • Current Sale Recording Date: Jul 10, 2013
  • Current Sale Transaction ID: 11442270432
  • Current Sale Price: $205,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 13011992
  • Previous Sale Recording Date: Feb 16, 2005
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Jul 10, 2013
  • First Mortgage Loan Amount: $201,286
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

About Johnson City



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Frequently Asked Questions

What neighborhood is 1201 Terrace Drive located in?
The 1201 Terrace Drive is a located in the neighborhood of Washington in Johnson City, Johnson City.
What is the average sales price for listings in 1201 Terrace Drive?
The average sales price for units in 1201 Terrace Drive is $0 currently.

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