new - 4 days on rocket

1966 King Springs Rd, Johnson City, TN, 37601

$350,000

Home List Price

$4,156*

Closing Credit

0 Baths
House

Location

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1966 King Springs Rd, Johnson City$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingRV Access/Parking, Driveway, Asphalt, Detached, Gravel, Parking Pad, Shared Driveway
Year Built1991
HeatingHeat Pump
CoolingHeat Pump
MLS #9974855
Lot Size1.55 Acres
StatusActive

About 1966 King Springs Rd

Small Trailer Park with Incredible Investment Potential - Discover a unique investment opportunity with this small trailer park located on over 1.5 acres of prime land. Situated at 1966 & 1972 King Springs Rd., this property is fully rented and generates a steady income, with exciting potential for expansion and additional revenue streams. Property Features: - Doublewide Mobile Home (1966 King Springs Rd.): - 3 bedrooms, 2 bathrooms - Currently rented for $1,400/month - Connected to public water & sewer - Singlewide Mobile Home #1 (1972 #1 King Springs Rd.): - 2 bedrooms, 2 bathrooms - Currently rented for $1,200/month - Singlewide Mobile Home #2 (1972 #2 King Springs Rd.): - 2 bedrooms, 1 bathroom - Currently rented for $1,000/month - RV on Property: - Currently rented for $500/month - Site-Built Home: - In need of renovation but offers excellent potential for conversion into a 1-bedroom, 1-bathroom rental unit. Income Potential: - Current Monthly Income: $4,100 - Future Potential Income: - Renovated home - Additional mobile home spots: Potential for 2-3 units Additional Highlights: - Public water access serves the entire property. - Public sewer connected to doublewide - Utilities (electric and water) are included in current rental rates. - Ample land for adding additional units, creating an expanded trailer park, or increasing rental income. This property offers an established income stream with the flexibility to grow even further. Whether you're a seasoned investor or just entering the rental market, this is a rare opportunity to own a fully occupied trailer park with high demand and untapped potential. Schedule your showing today to explore this incredible investment opportunity!Buyer/Buyer's Agent to verify all info.

Property Details

Property Features

Property Information:

  • Architectural Style: See Remarks
  • Year Built: 1991

Listing Office:

  • Office Name: Evans & Evans Real Estate
  • Office Phone: (423) 282-1817
  • Listing Agent: Stephen Nemeth

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Flooring Type: Luxury Vinyl, Carpet, Laminate

Exterior Features

Exterior Information:

  • Exterior: Porch Front

Parking Information:

  • Attached Garage: No
  • Parking: RV Access/Parking, Driveway, Asphalt, Detached, Gravel, Parking Pad, Shared Driveway

Lot Features

Lot Information:

  • Lot: Rolling/Hilly, Level
  • Lot Size: 1.55 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: From Milligan Highway, turn on to King Springs Rd. See property on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000

Tax Information:

  • Annual Amount: $164
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Johnson City, TN.

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Johnson City, TN

City

Med. Sold Price

$302.4K

Med. Price/SqFt

$179

Avg. Days On Market

81

# of Sold Homes

70

1966 King Springs Rd vs Johnson City

4 DAYS ON ROCKET

-77 Days

$350,000

+$47.5K More

KEY TAKEAWAY

This property is $47.5K more than the Median Sold Price in Johnson City, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Tennessee/Virginia Regional MLS
  • MLS Number: #9974855

Listing Office:

  • Office Name: Evans & Evans Real Estate
  • Office Phone: (423) 282-1817
  • Listing Agent: Stephen Nemeth

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Tennessee Virginia Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this brokerl, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright© 2025 Tennessee Virginia Regional MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/11/2025, 1:21:05 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 17, 2019Home Sold
$39,000

Tax History

YEARPROP. TAXASSESSMENT
2020$164$10,350
2019$164$6,650
2018$164$6,650
2017$165$6,725

History based on county public records data.

Payment Calculator

$1,814

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1932298
5
/10

  • Mountain View Elementary School

  • 907 King Springs Rd

  • 1.16 miles

  • Public District Grades PK-4

school-card-donut-1932299
8
/10

  • Happy Valley Elementary School

  • 1840 Milligan Hwy

  • 1.74 miles

  • Public District Grades PK-4

school-card-donut-1932300
5
/10

  • North Side Elementary School

  • 1000 N Roan St

  • 2.52 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,248. Residents of Johnson City, TN typically earn less than $35k each year. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Johnson City, TN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Johnson City, TN?

Johnson City's housing market is diverse, offering a mix of single-family homes, apartments, and townhouses to accommodate a range of preferences. The architectural styles vary, with a notable presence of traditional and craftsman designs. A significant portion of the homes were constructed during a development boom from the late 20th century to the early 2000s. The homeownership rate in Johnson City is robust, with a majority of residents owning their homes, while a smaller percentage are renters.

Is Johnson City, TN a good place to live?

Johnson City prides itself on a community-oriented atmosphere, with a blend of urban and suburban elements that contribute to its unique character. The city is celebrated for its annual festivals and events that highlight the local culture and foster a sense of togetherness among residents. The presence of parks and recreational areas adds to the city's charm, providing spaces for leisure and community engagement.

Are things conveniently located in Johnson City, TN?

The community is served by a comprehensive educational system, including a number of public and private schools that cater to various educational needs. Healthcare facilities in Johnson City are equipped to offer a range of services, from primary care to specialized treatments. The city also features a public library system that supports the educational and informational needs of its residents. Retail and dining options reflect the local culture, with an assortment of establishments that cater to a variety of tastes and preferences.

What does the transportation in Johnson City, TN look like?

Transportation in Johnson City includes a network of roads and highways that facilitate travel and commuting within the city and to neighboring areas. Public transit options are available, providing residents with alternatives to private vehicle use. The city's walkability varies by area, with certain neighborhoods being more pedestrian-friendly than others. Bike paths and lanes are also present, promoting cycling as a viable mode of transport. Ride-sharing services are operational in the city, offering additional transportation choices for residents and visitors.

Frequently Asked Questions About 1966 King Springs Rd

What is the listing price of this property?

The listing price of 1966 King Springs Rd property is $350,000.

What type of property is this?

The property 1966 King Springs Rd is a house located in Johnson City, Tennessee, 37601.

Is this property for sale now?

Active Listing: 1966 King Springs Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $164 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 17, 2019 for $39,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 1966 King Springs Rd is 1991.

Rocket Homes›Tennessee›Washington County›Johnson City›37601›1966 King Springs Rd

This home is located at 1966 King Springs Rd in Johnson City, TN and zip code 37601. This home, which was built in 1991, sits on a 1.55 acre lot. It has been listed on Rocket Homes since January 07, 2025 and is currently priced at $350,000.

Over 9 listings were sold over their listed price in December 2024 in Johnson City, TN. In the same period over 46 listings were sold below the listed price and 15 listings were sold for the listed price. Between November 2024 and December 2024, Johnson City, TN real estate market has seen decrease in the number of listings by 13.3%. In December 2024 median list price was $302,407 and the average listing age was 81 days.

From Rocket Homes Real Estate and based on county public records data.

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