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  • $120,000

    231 Gay St, Erwin, TN 37650

    3beds
    1,250sqft
    Single Family Residence, Residential
    Built in 1910
    3,920 Square Feet Lot
    $120,000 Zestimate®
    $96/sqft
    $1,564 Estimated rent

    Home value

    $120,000

    Estimated sales range

    Not available

    $1,564/mo

    Zestimate® history
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    What's special

    Seller Incentives Available! Seller offering closing costs and/or a decorating allowance, making this an excellent opportunity for first-time homebuyers or investors. Located in downtown Erwin, this 1,250-square-foot home is ready for its next owner. With solid potential and room for improvements, it's ideal for buyers looking to build equity through updates and renovations while enjoying the benefits of homeownership. Whether you're a handy homeowner seeking a live-in project or an investor looking for your next rehab opportunity, this property offers tremendous upside. Its location and layout also make it a strong candidate for a short-term rental or income-producing investment. Don't miss this affordable opportunity to create value and make this property your own!

    Zillow last checked:

    Listing updated:

    Listed by:

    Paulette Biggers 615-859-0563,

    simpliHOM

    Bought with:

    Nonmls

    Realtracs, Inc.

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3186302MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bedrooms: 3
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: None
    • Laundry: Electric Dryer Hookup, Washer Hookup
    Features
    • High Speed Internet
    • Flooring: Wood, Vinyl
    • Basement: Full,Unfinished
    Interior area
    • Total structure area: 1,250
    • Total interior livable area: 1,250 sqft
    • Finished area above ground: 1,250

    Property

    Parking
    • Parking features: On Street, Unassigned
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Fencing: Partial
    • Has view: Yes
    • View description: City, Mountain(s)
    Lot
    • Size: 3,920 Square Feet
    • Dimensions: 33 x 110M
    • Features: Level
    • Topography: Level
    Details
    • Parcel number: 023N A 01300 000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence, Residential
    Materials
    • Aluminum Siding
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Water Available

    Community & HOA

    Community
    • Subdivision: None
    HOA
    • Has HOA: No
    Location
    • Region: Erwin

    Financial & listing details

    • Price per square foot: $96/sqft
    • Tax assessed value: $87,800
    • Annual tax amount: $913
    • Date on market: 7/22/2026

    Price history

    DateEventPrice
    8/24/2026Sold$120,000-24.5%$96/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3186302 Report a problem
    7/29/2026Pending sale$159,000$127/sqft
    Source: East Tennessee Realtors #1339180 Report a problem
    7/29/2026Contingent$159,000$127/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3186302 Report a problem
    7/22/2026Listed for sale$159,000$127/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3186302 Report a problem
    7/15/2026Pending sale$159,000$127/sqft
    Source: East Tennessee Realtors #1339180 Report a problem
    7/13/2026Contingent$159,000$127/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3186302 Report a problem
    5/1/2026Listed for sale$159,000+78.7%$127/sqft
    Source: East Tennessee Realtors #1339180 Report a problem
    9/27/2017Listing removed$89,000$71/sqft
    Source: THE BROKERS REALTY & AUCTION, INC. #393615 Report a problem
    9/13/2017Price change$89,000-6.3%$71/sqft
    Source: THE BROKERS REALTY & AUCTION, INC. #393615 Report a problem
    6/26/2017Listed for sale$95,000+85.9%$76/sqft
    Source: THE BROKERS REALTY & AUCTION, INC. #393615 Report a problem
    9/12/2002Sold$51,100+7.6%$41/sqft
    Source: Public Record Report a problem
    8/29/2000Sold$47,500$38/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$913 $21,950
    2024$913 $21,950
    2023$913 +6.7%$21,950
    2022$856 +94.2%$21,950 +42.1%
    2021$441 -39.5%$15,450
    2020$729 +10%$15,450 +6%
    2019$663 +9.6%$14,575
    2018$604 +0.4%$14,575
    2017$602 -1.3%$14,575 -2.2%
    2016$610 $14,900
    2015$610 +8.8%$14,900
    2014$561 +4.2%$14,900
    2013$538 $14,900
    2012$538 +3.9%$14,900 +0.7%
    2011$518 +9.3%$14,800
    2010$474 -0.2%$14,800 -0.2%
    2009$474 +7.2%$14,825
    2007$443 -1.6%$14,825 +20%
    2006$450 $12,350
    2005$450 $12,350
    2004$450 $12,350
    2002$450 $12,350
    2001-- $12,350 +36.8%
    2000-- $9,025
    1999-- $9,025
    Find assessor info on the county website

    Neighborhood: 37650

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Rock Creek Elementary
    • Middle: Unicoi Co Middle School
    • High: Unicoi Co High School

    Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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