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1501 Kensington Place

1501 Kensington Place, Johnson City, TN 37615
Property in Washington
Sold Sep 27, 2016
$123,500
$104,975 by Eastman Cu
Mortgage Due Oct 01, 2046
Local assessors in Johnson City, TN have categorized 1501 Kensington Place as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 1,104 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1501 Kensington Place has a total of 1,152 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 390 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 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. The property was last sold in Sep 15, 2016 for $123,500. That's $107.20 per sqft. 1501 Kensington Place was last assessed in 2022. The total value of the property was assessed at $28,500. Specifically, the land the property is located on was valued at $4,600. While improvements on the property were assessed at a total of $23,900. 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 $613. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: B-
  • Building Style: Townhouse
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Square Area: 390
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,104
  • Total Building Area: 1,152
  • Building Area: 1,152
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,152
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: KENSINGTON PLACE PH 2
  • Land Acres: 0.025
  • Standard Land Use Code: Townhouse (residential)

Ownership

  • Current Owner : BURT JAMES ALLEN
  • Current Owner 2: BURT CATHERINE LILLAH
  • Previous Owner : CASKEY BRIAN D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Washington County School District
  • Census Tract: 061500

Geography

  • Assessors Map Reference: 012H
  • District: 12
  • Parcel: 090012H G 02600C000
  • Latitude: 36.4205
  • Longitude: -82.4696

    Address

  • Full Address: 1501 Kensington Pl
  • Address - House Number: 1501
  • Address - Street Name: Kensington
  • Address - Suffix Type: Pl
  • State: TN
  • City Name: Johnson City
  • Carrier Code: R039
  • 4-Digit Zip Code: 6226
  • Zip Code: 37615

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $613
  • Tax Rate Code Area: 90A00

    Appraisal Valuation

  • Standard Deviation: 0.127
  • Valuation Date: Mar 22, 2023
  • Confidence Score: 74
  • Final Value: 164,647
  • High Value: 185,560
  • Low Value: 143,733

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $176,975
  • First Open Lien Mortgage Lender: EASTMAN CU
  • First Open Lien Mortgage Recording Date: Sep 27, 2016
  • First Open Lien Mortgage Loan Amount: $104,975
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2046
  • Second Open Lien Mortgage Lender: EASTMAN CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Jul 18, 2022
  • Second Open Lien Mortgage Loan Amount: $72,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jul 12, 2037

    Market Valuation

  • Market Total Value: $114,000
  • Market Land Value: $18,400
  • Market Improvement Value: $95,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $28,500
  • Assessed Land Value: $4,600
  • Assessed Improvements Value: $23,900

    Sales

  • Current Sale Contract Date: Sep 15, 2016
  • Current Sale Recording Date: Sep 27, 2016
  • Current Sale Transaction ID: 1833161878
  • Current Sale Price: $123,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 16015658

    Last Sale Mortgage

  • First Mortgage Lender: EASTMAN CU
  • First Mortgage Transaction Date: Sep 27, 2016
  • First Mortgage Loan Amount: $104,975
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2046

About Gray



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Frequently Asked Questions

What neighborhood is 1501 Kensington Place located in?
The 1501 Kensington Place is a located in the neighborhood of Washington in Gray, Johnson City.
What is the average sales price for listings in 1501 Kensington Place?
The average sales price for units in 1501 Kensington Place is $0 currently.

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