Sold for $42,500

Zestimate^®

$42,500

1987 King Springs Rd, Johnson City, TN 37601

2beds

800sqft

Single Family Residence, Residential

Built in 1941

0.31 Acres Lot

$42,500 Zestimate^®

$53/sqft

$1,271 Estimated rent

Home value

$42,500

$40,000 - $45,000

$1,271/mo

Zestimate^® history

Owner options

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$1,271/mo

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$1,271/mo

Rent Zestimate^®

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$198/mo

Est. payment

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$198/mo

Est. payment

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What's special

Investors Special!! This property has great potential. Make your ideas come to life with this ready to improve 2 bedroom home located in Johnson City! Property is labeled as being on septic but we have not found any records of it. There is currently no HAVC so no heating/ac or appliances. Agent has an ownership interest in Owner/Entity. All information deemed reliable but not guaranteed. Buyer/Buyers Agent to verify. The property was purchased via tax sale. Buyer will receive a WARRANTY DEED.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Heating

None, See Remarks

Cooling

None, See Remarks

Appliances

Included: See Remarks

Interior area

Total structure area: 800
Total interior livable area: 800 sqft

Property

Features

Levels: One
Stories: 1

Lot

Size: 0.31 Acres
Dimensions: 130 x 180 IRR
Topography: Rolling Slope

Details

Parcel number: 047k A 008.03
Zoning: R

Construction

Type & style

Home type: SingleFamily
Architectural style: Cottage
Property subtype: Single Family Residence, Residential

Materials

Vinyl Siding
Roof: Shingle

Condition

Fixer
New construction: No
Year built: 1941

Utilities & green energy

Sewer: Septic Tank
Water: Public

Community & HOA

Community

Subdivision: Not In Subdivision

HOA

Has HOA: No

Location

Region: Johnson City

Financial & listing details

Price per square foot: $53/sqft
Tax assessed value: $79,300
Annual tax amount: $432
Date on market: 7/8/2026
Listing terms: Cash

Price history

Date	Event	Price
7/24/2026	Sold	$42,500-14.8%$53/sqft
Source: TVRMLS #9997901 Report a problem
7/15/2026	Pending sale	$49,900$62/sqft
Source: TVRMLS #9997901 Report a problem
7/8/2026	Listed for sale	$49,900$62/sqft
Source: TVRMLS #9997901 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$432	$19,825
2024	$432	$19,825
2023	$432 +7.4%	$19,825
2022	$402	$19,825
2021	--	$19,825 +25.1%
2020	$392	$15,850
2019	$392	$15,850
2018	$392 -0.1%	$15,850
2017	$392 +1%	$15,850
2016	$388 -0.1%	$15,850
2015	$388 -0.5%	$15,850 -0.5%
2014	$390 +5.1%	$15,925 -0.1%
2013	$371 +8.4%	$15,938
2012	$343 -0.1%	$15,938
2011	$343 -5.6%	$15,938
2010	$363 +19.1%	$15,938 +19.1%
2009	$305 +2.7%	$13,379
2008	$297 +5.7%	$13,379
2007	$281	$13,379
2006	$281 -18%	$13,379
2005	$343 +79.2%	$13,379 +79.2%
2004	$191 +15.3%	$7,466
2002	$166	$7,466 -35.6%
2001	--	$11,586 -75%
2000	--	$46,345