7 months on rocket

550 Mill Creek Rd, Kingsport, TN, 37664

$470,000

19.00 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
MLS #9957362
Lot Size19.00 Acres
StatusActive

About 550 Mill Creek Rd

Nestled in the scenic Sullivan Gardens of Kingsport, TN, lies a remarkable opportunity — a family-owned farm since 1952, spanning 19 acres of rolling hills, serene pastures, and the tranquil sounds of Mill Creek meandering across the property. This gem of a property presents both a testament to Kingsport's storied past and a canvas for its promising future. For potential homeowners seeking the foundation for their dream residence, look no further. This property offers not one, but two pristine home sites, each around an acre in size, located across the street from the main farm. Together, they paint a compelling vision of rural living, all within arm's reach of modern amenities. Features and Highlights: - **Historic Significance:** A treasured piece of Kingsport history, this farm has served as pastoral fields for livestock since the 1950s. - **Natural Beauty:** Embrace the serene ambiance with the babbling Mill Creek, lush green pastures, and the picturesque rolling hills. - **Agricultural Potential:** An ideal setting for those inspired by homesteading or sustainable farming. - **Structural Landmarks:** The property boasts an old barn that echoes its rich history, while the two separate lots hint at the potential for future developments. - **Tax Benefits:** Situated in the county, future owners can anticipate county-only taxes. While a touch of site work and clearing may be needed to fully realize its potential and restore the once thriving farm, the opportunities are boundless. Whether you envision a grand estate tucked away for utmost privacy or multiple homes designed for family living, this property adapts to your dream. Seize this unique opportunity to continue the legacy of this land, whether through modern homes, agricultural pursuits, or a blend of both. Let Sullivan Gardens be the backdrop to your next chapter

Property Details

Property Features

Listing Office:

  • Office Name: Century 21 Legacy Col Hgts
  • Office Phone: (423) 239-6112
  • Listing Agent: Chris McMeans

Lot Features

Lot Information:

  • Lot Size: 19.00 Acres

Other

Directions Information:

  • Directions: Sullivan Gardens to left on Mill Creek. Property is on both sides of the road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $470,000

Tax Information:

  • Annual Amount: $17
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Kingsport, TN.

Med. Sold Price

$253K

Med. Price/SqFt

$149

Avg. Days On Market

69

# of Sold Homes

116

550 Mill Creek Rd vs Kingsport

219 DAYS ON ROCKET

+150 Days

$470,000

+$217K More

KEY TAKEAWAY

This property is $217K more than the Median Sold Price in Kingsport, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Tennessee/Virginia Regional MLS
  • MLS Number: #9957362

Listing Office:

  • Office Name: Century 21 Legacy Col Hgts
  • Office Phone: (423) 239-6112
  • Listing Agent: Chris McMeans

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 Homefront.com shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright© 2024 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: 5/2/2024, 9:20:40 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$17$1,025
2019$17$675
2018$17$675
2017$15$675

History based on county public records data.

Payment Calculator

$2,413

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,476

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NMLS#3030

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-5019523
8
/10
  • John Adams Elementary School

  • 2727 Edinburgh Channel Rd

  • 1.56 miles

  • Public District Grades PK-5

school-card-donut-5019524
8
/10
  • Rock Springs Elementary School

  • 1238 Moreland Dr

  • 3.91 miles

  • Public District Grades PK-5

school-card-donut-5019525
9
/10
  • Miller Perry Elementary School

  • 904 Fordtown Rd

  • 4.58 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,064. Typical income of Kingsport, TN residents is between $35k-100k annually. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 550 Mill Creek Rd

What is the listing price of this property?

The listing price of 550 Mill Creek Rd property is $470,000.

What type of property is this?

The property 550 Mill Creek Rd is land located in Kingsport, Tennessee, 37664.

Is this property for sale now?

Active Listing: 550 Mill Creek 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 $17 (source: MLS/based on county public records data).

How much acreage is this property?

The property 550 Mill Creek Rd is 19.00 acres.
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Rocket HomesTennesseeSullivan CountyKingsport37664550 Mill Creek Rd

This home is located at 550 Mill Creek Rd in Kingsport, TN and zip code 37664. This home sits on a 19.00 acre lot. It has been listed on Rocket Homes since September 26, 2023 and is currently priced at $470,000.

In April 2024 more than 25 listings in Kingsport, TN were sold above the asking price. During the same period more than 28 listings were sold at asking price, while more than 63 were sold below. The number of homes for sale in Kingsport, TN decreased by 3.4% between March 2024 and April 2024. The median list price of listings available in April 2024 was $253,000, while the average time on the real estate market was 69 days.

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

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