Sold
Last Sold Price
10 beds624 sqft
106 V I P Rd, Unit 7, Elizabethton, TN 37601
Multi FamilyProperty Type
0.59 acresLot Size
1971Year Built
$256/sq ftPrice per sq ft
1 carParking Spaces

Description

This property is owned by a religious institution, which pays no taxes. Rents are subsidized by the school and do not reflect current rental market. Nor does the net income reflect property taxes, insurance or interest payments. Utility expenses include water, outside light, Dumpster and electricity for unoccupied units. There are 4 one-bedroom units and 3 two-bedroom units. Two units have w/d connections plus there is a common laundry facility in the basement of the garage apartment.This property is owned by a religious institution, which pays no taxes. Rents are subsidized by the school and do not reflect current rental market. Nor does the net income reflect property taxes, insurance or interest payments. Utility expenses include water, outside light, Dumpster and electricity for unoccupied units. There are 4 one-bedroom units and 3 two-bedroom units. Two units have w/d connections plus there is a common laundry facility in the basement of the garage apartment.
  • Listed by: LORNA CROUCH • Property Executives Johnson City
Listing closed: 11/08/2007 12:00 AM • Source: Tennessee Virginia Regional MLS, MLS#: 251147

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Recent comparable sales

Median sold price

$175,000

Avg days on market

58

Sale-to-list ratio

494.0%

Elizabethton, TN

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Location

Listing Courtesy of Property Executives Johnson City, LORNA CROUCH (423.676.1721)

Sold By NE TN Rental Prop & Sales, Steve Brookins (423.547.2871)

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Property Information for 106 V I P Road, Unit 7

Property Details
  • MLS Type: Multi-Family / Multi-Family
  • Architectural Style: Raised Ranch, Ranch, Traditional
  • Zoning: Multi Family
Building Information
  • Stories: 1
  • Year Built: 1971
  • Lot Size: 0.59 AC / 25,602 SF
Summary
Location and General Information
  • City: Elizabethton
  • County: Carter
  • Directions: Milligan Hwy to right on Okalona and immediate left on Toll Branch. Or through Milligan Campus to Toll Branch - property straight ahead and to the right.
  • Latitude: 36.30
  • Longitude: -82.29
  • Postal Code: 37643
  • State Or Province: TN
  • MLS Area Major: 317 - City of Elizabethton
  • MLS Area Minor: 317 - City of Elizabethton
  • General Property Description : Zoning: Multi Family
Taxes and HOA Information
  • Parcel Number: 030.00
  • Association Fee: 0.0
  • Location Tax Legal Info : City Taxes: $.00
  • Location Tax Legal Info : County Taxes: $.00
School Information
  • High School: Happy Valley
  • Middle Or Junior School: Happy Valley
  • Elementary School: Happy Valley
Parking
  • Garage Spaces: 1.00
  • Attached Garage: Yes
Property
Lot Information
  • Lot Size Dimensions: 102 X 251
  • Lot Size Square Feet: .00
  • Lot Size Acres: 0.0
  • Lot Features: Sloped
  • Lot Size Area: .00
  • General Property Description : Acres: .00
Property and Assessments
  • Property Condition: Above Average
  • Property Type: Multi-Family
  • Year Built: 1971
  • Property Sub Type: Multi-Family
  • Property Type Label: Multi-Family
  • New Construction: No
Utilities
  • Utilities: Cable Available
  • Sewer: Public Sewer, Septic Tank
  • Water Source: Public
  • Electric: True
Interior and Exterior Features
Interior Features
  • # Fireplaces: 0
  • Cooling: Wall Unit(s), Window Unit(s)
  • Interior Features: Smoke Detector(s)
  • Bathrooms Total Decimal: .00
  • Basement: Exterior Entry, Partial
  • Flooring: Vinyl, Carpet
  • Bathrooms Total Integer: 0
  • Bathrooms Total Notational: .00
  • Cooling: Yes
  • Heating: Yes
  • General Property Description : Stories: 1
  • Fireplace: No
  • Appliances: Electric Range, Refrigerator
Exterior Features
  • Construction Materials: Brick
  • Parking Features: Asphalt, Attached, Parking Spaces
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Window Features: Storm Window(s)
  • Heating : Heat Pump: Electric, Baseboard
  • Walls : Drywall: Yes
  • Exterior Finish : Brick: Yes
Multi Family
Multi-Family Information
  • General Property Description : # of Units: 7.00
  • Location Tax Legal Info : Unit #: 7
Income & Expenses Information
  • Income and Expenses : Gross Annual Income: 21000
  • Operating Expense Includes: Repairs and Maint, Water/Sewer, Other, See Remarks
Unit 1
  • Unit 1 : # Units: 1
  • Unit 1 : # Bathrooms: 1.0
  • Unit 1 : # Bedrooms: 2
  • Unit 1 : # Rooms: 4
  • Unit 1 : SqFt: 624
  • Unit 1 : Monthly Rent: 275
Unit 2
  • Unit 2 : # Units: 2
  • Unit 2 : # Rooms: 6
  • Unit 2 : # Bedrooms: 2
  • Unit 2 : # Bathrooms: 2.00
  • Unit 2 : Monthly Rent: 275
Unit 3
  • Unit 3 : # Units: 4
  • Unit 3 : # Rooms: 12
  • Unit 3 : # Bedrooms: 6
  • Unit 3 : # Bathrooms: 4.0
  • Unit 3 : Monthly Rent: 275

Property History for 106 V I P Road, Unit 7

DateEvent & SourcePriceAppreciation
Nov 8, 2007

Closed

Tennessee Virginia Regional MLS #251147

$160,000—
Aug 10, 2007

Contract - Not Showing

Tennessee Virginia Regional MLS #251147

—
Jul 27, 2007

Listed (Active)

Tennessee Virginia Regional MLS #251147

$175,000—
DateEvent & SourcePrice
11/08/2007

Closed

Tennessee Virginia Regional MLS #251147

$160,000
08/10/2007

Contract - Not Showing

Tennessee Virginia Regional MLS #251147

—
07/27/2007

Listed (Active)

Tennessee Virginia Regional MLS #251147

$175,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 106 V I P Road, Unit 7

This home is within Elizabethton School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
West Side Elementary School
PublicK to 5

T A Dugger Junior High School
Public6 to 8

Elizabethton High School
Public9 to 12

Harold McCormick Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 106 V I P Road, Unit 7, Elizabethton, TN 37601
$160,000
10
–
624
25,602
$120,000
–
2
1,908
47,045
$22,000
–
–
–
91,040
$16,000
–
–
–
87,120
$9,000
–
–
–
91,040
$295,000
6
–
3,525
23,522

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Property Executives Johnson City, LORNA CROUCH (423.676.1721)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MTRMLS, Inc. All Rights Reserved. Last updated: 10/02/2023 07:27 PM