503 W  Locust St, Johnson City, TN 37604
SOLDAUG 9, 2023

503 W Locust St
Johnson City, TN 37604

South Side
  • Studio
  • 3,068 sqft
  • Studio
  • 3,068 sqft

$400,000

Last Sold: Aug 9, 2023
6% below list $425K
$130/sqft
Est. Refi. Payment $2,361/mo*

Homes for Sale Near 503 W Locust St

Local Information

map showing home location
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-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from August 09, 2023
MAKE AN OFFER...Investors, here is a home run!! 4 units in the Tree Streets of Johnson City near ETSU and downtown. Three of the four units have been completely remodeled and have tenants. A 1/1 unit still needs updated, demo has been done. There are (2) 2 bed 1 bath and (2) 1 bed 1 bath apartments. The 1/1 rents for $850, the 2/1 in back rents for $975, the 2/1 upstairs rents for $1100 and the unit that needs finished will be $800+ when rented.
(4) new water heaters have been installed, the 3 units that have been remodeled have had the following done; new floors, paint, windows, plumbing, electrical, bathrooms have been redone, all new appliances, added washer & dryer hook ups, brand new split units installed. More parking was also added in the back. Electric is metered separately and paid by the tenants. Water, Trash, and Landscaping are paid by the owner. The 3 vacant units are available for showings with a 24 hour notice (some days/times may be blocked due to tenants schedules), Agent owned. All information contained herein is collected from tax records and other third party sources and is subject to buyer or buyers agent verification.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$130/sqft
Listed
180+ days ago

Home Details for 503 W Locust St

Interior Features

Heating & Cooling
Heating: Heat PumpHas CoolingAir Conditioning: Heat PumpHas HeatingHeating Fuel: Heat Pump
Fireplace & Spa
No Fireplace
Levels, Entrance, & Accessibility
Stories: 2Levels: Two
View
No View

Exterior Features

Exterior Home Features
No Private Pool

Property Information

Year Built
Year Built: 1944
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Quadruplex, Multi Family
Building
Construction Materials: Aluminum SidingNot a New ConstructionDoes Not Include Home Warranty
Property Information
Condition: Updated/RemodeledParcel Number: 054f H 022.00

Price & Status

Price
List Price: $425,000Price Per Sqft: $130/sqft
Status Change & Dates
Off Market Date: Wed Aug 09 2023

Active Status

MLS Status: Closed

Location

Direction & Address
City: Johnson City
School Information
Elementary School: South SideJr High / Middle School: Indian TrailHigh School: Science Hill

Building

Building Area
Building Area: 3068 Square Feet

Lot Information

Lot Area: 10500 sqft

Compensation

Buyer Agency Commission: 2Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 9954575
Last check for updates: 1 day ago
Listed by Jennifer Huss, (423) 946-1078
Watkins Home Team
Bought with: Alexis P Greene, (423) 773-4555, Foundation Realty Group
Source: TVRMLS, MLS#9954575

Price History for 503 W Locust St

DatePriceEventSource
08/09/2023$400,000Sold
TVRMLS #9954575
07/22/2023$425,000Listed For SaleTVRMLS #9954575
04/01/2022$175,000Sold
N/A
03/04/2022$224,900PriceChange
TVRMLS #9933708
03/01/2022$234,800PendingToActiveTVRMLS #9933708
02/16/2022$234,900ContingentTVRMLS #9933708
02/14/2022$234,900PriceChange
TVRMLS #9933708
02/10/2022$249,900Listed For SaleTVRMLS #9933708
12/09/2021$85,000Sold
N/A
06/14/2004$96,500Sold
N/A
06/04/2001$94,500Sold
N/A

Property Taxes and Assessment

Year2022
Tax$2,162
Assessment$139,300
Home facts updated by county records

Comparable Sales for 503 W Locust St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.10
Multi-Family Home
$340,000
01/05/24
-
4,128
0.51
Multi-Family Home
$250,000
05/19/23
-
1,900
0.66
Multi-Family Home
$205,000
11/28/23
-
1,520
0.41
Multi-Family Home
$140,500
07/14/23
-
720
0.77
Multi-Family Home
$480,000
03/15/24
-
-
0.58
Multi-Family Home
$151,000
12/21/23
-
-

Assigned Schools

These are the assigned schools for 503 W Locust St.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about South Side

  • Judyabel43
    "I've lived here in this neighborhood and area all my life and it's so convenient to walk to the VA hospital and kawanis Park and Church and restaurants and shopping is so close and people are veryfriendly and I walk to the park and store with my grandson and pet and neibors watch out for others and have fun at kawanis Park and lots of festivities from ballgames to fireworks and different things. I've ran all over the neighborhood even in the middle of the night chasing my doggie when she gets out and feel safe."
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  • Judyabel43
    "I've lived here in this area my whole life and it's very convenient to walk to the park and stores and friendly and I love this location and it's next to the VA hospital and kawanis Park and Church and restaurants and shopping and people that watch out for you and places to watch ballgames and places for your children to play and watch the fireworks and etc and easy access to work and the hospital and everything "
    1
    Flag
  • Trulia User
    "There are excellent schools and a lot of good playgrounds here. Lots of sidewalks and the neighborhood is mostly one way so you don’t have to worry as much about traffic"
    0
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  • Shelby.baso
    "There are lots of college students and young adults in the area. Most of us keep to ourselves but you’ll see the occasional person walking a dog or going for a jog. Perfect amount of neighborly interaction."
    12
    Flag
  • Tess D.
    "I walk or drive to most places I go. Sometimes I carpool. It feels very safe to go on runs or walk with pets and friends "
    5
    Flag
  • Anthony
    "Many dogs come and play at the South side school playground field. It's a good place to meet neighbors and other dog lovers."
    2
    Flag
  • kristyottinger
    "Can't wait to move back. This neighborhood has a real sense of community. It is has a strong neighborhood association."
    8
    Flag
  • Jon A.
    "The Tree Streets are a beautiful, historic part of Johnson City with lots of friendly people and great areas to walk!"
    0
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  • Maggie H.
    "many dogs in this neighborhood, great streets to walk your dog and a school with an open park. very familur oriented."
    5
    Flag
  • Christy E.
    "Very walkable location...to downtown, to ETSU, to the Tweetsie Trail. Up & coming multi use area. "
    2
    Flag

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The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 503 W Locust St

Off Market Homes Near 503 W Locust St

503 W Locust St, Johnson City, TN 37604 is a studio, 3,068 sqft multi-family built in 1944. 503 W Locust St is located in South Side, Johnson City. This property is not currently available for sale. 503 W Locust St was last sold on Aug 9, 2023 for $400,000 (6% lower than the asking price of $425,000). The current Trulia Estimate for 503 W Locust St is $426,500.