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1359 Milligan Highway

1359 Milligan Highway, Johnson City, TN 37601
Property in Carter
Sold Dec 10, 2021
$162,000
$162,000 by Mortgage Research Center Llc
Mortgage Due Dec 01, 2051
Sold Feb 10, 2017
$80,000
1359 Milligan Highway 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 1936 and is 88 years old. However, we must point out that the home was most recently renovated and altered in 1997. Residents will have access to 2 full bathrooms. 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, 1359 Milligan Highway has 1,402 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 partial basement that is 674 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 linear feet between the front and back of the lot is 2,320 ft and across the front of the lot is 730 ft. The area measurement of the land has been determined as 3,179,880 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a custom style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a unknown and 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 unknown. While the interior walls have been made of paneling. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. The building on the property is connected to a sewer 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, 1359 Milligan Highway sold most recently in Nov 30, 2021 for a total of $162,000. If you work out the math, that's approximately a cost of $78.03 per sqft. Before that, the property was also sold for $80,000 in Feb 8, 2017. 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 $974 in taxes each year. 1359 Milligan Highway was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $29,525. If we break it down further, the land itself was valued at $4,825. Improvements to the property, however, were assessed at a total of $24,700. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Custom
  • 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: Partial basement
  • Basement Area: 674
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,179,880
  • Lot Size Depth Feet: 2,320
  • Lot Size Frontage Feet: 730
  • Total Building Area: 2,076
  • Gross Building Area: 2,076
  • Building Area: 1,402
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,402
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 73
  • Standard Land Use Code: Single family residential
  • State Land Use Code: Pipeline or right-of-way
  • Legal Description 1: 85X235

Ownership

  • Current Owner : KEGLEY BRANDON
  • Current Owner 2: KEGLEY SHEA
  • Previous Owner : JACKSON DAVID JAMES
  • Owner Before Previous Owner: PRESNELL BILLIE JOHN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Elizabethton City School District
  • School Tax School District: 10233
  • Census Tract: 070900

Geography

  • Assessors Map Reference: 055K
  • District: 05
  • Parcel: 055K-C-027.00
  • Municipality: CARTER - ELIZABETHTON
  • Latitude: 36.2976
  • Longitude: -82.3146

    Address

  • Full Address: 1359 Milligan Hwy
  • Address - House Number: 1359
  • Address - Street Name: Milligan
  • Address - Suffix Type: Hwy
  • State: TN
  • City Name: Johnson City
  • Carrier Code: R008
  • 4-Digit Zip Code: 5517
  • Zip Code: 37601

Valuation

    Tax

  • Total Area: 1,402
  • Tax Year: 2023
  • Tax Amount: $974
  • Tax Rate Code Area: 10A01

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 418,749
  • High Value: 611,011
  • Low Value: 226,486

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $178,450
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Open Lien Mortgage Recording Date: Dec 10, 2021
  • First Open Lien Mortgage Loan Amount: $162,000
  • 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: Dec 01, 2051
  • Second Open Lien Mortgage Lender: SECRETARY OF VETERANS AFFAIRS
  • Second Open Lien Mortgage Recording Date: Oct 30, 2023
  • Second Open Lien Mortgage Loan Amount: $16,450
  • Second Open Lien Mortgage Term: 457
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: VA
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2061

    Market Valuation

  • Market Total Value: $118,100
  • Market Land Value: $19,300
  • Market Improvement Value: $98,800

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $29,525
  • Assessed Land Value: $4,825
  • Assessed Improvements Value: $24,700

    Sales

  • Current Sale Contract Date: Nov 30, 2021
  • Current Sale Recording Date: Dec 10, 2021
  • Current Sale Transaction ID: 11873549345
  • Current Sale Price: $162,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21009367
  • Previous Sale Recording Date: Feb 10, 2017
  • Previous Sale Contract Date: Feb 08, 2017
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Dec 10, 2021
  • First Mortgage Loan Amount: $162,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Dec 01, 2051

About Elizabethton



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1359 Milligan Highway located in?
The 1359 Milligan Highway is a located in the neighborhood of Carter in Elizabethton, Johnson City.
What is the average sales price for listings in 1359 Milligan Highway?
The average sales price for units in 1359 Milligan Highway is $0 currently.

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