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Sold for $370,000
  • $370,000

    2588 Carters Valley Rd, Surgoinsville, TN 37873

    2beds
    4baths
    2,880sqft
    Multi Family
    Built in 2002
    -- sqft lot
    $-- Zestimate®
    $128/sqft
    $1,530 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,530/mo

    Zestimate® history
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    What's special

    Live. Work. Invest. A Truly One-of-a-Kind Opportunity in Northeast Tennessee! If you've been searching for a property that offers flexibility, income potential, and room to dream big, then this is it. Just 20 minutes from Kingsport and under an hour to Bristol Motor Speedway, this rare multi-use property combines residential comfort with commercial capability on 5 acres of level to gently rolling land in a private, wooded setting. The standout feature is the 30x60 insulated commercial post-frame building (built in 2020), currently operating as a retail space. It includes a full bathroom, washer/dryer hookup, and two oversized garage doors (8' and 10') ideal for deliveries, workshop use, or vehicle storage. A 39' RV lean-to with 30-amp service, water, and sewer connects to the building, along with an additional 28' equipment lean-to, offering excellent potential for business use, storage, rental conversion, or event space. A charming tiny house built in 2023 adds immediate versatility with a full bath, kitchenette, living area with wall heater and window A/C, an 8'x10' sleeping loft, 4'x10' storage loft, covered front porch, and spacious deck--perfect for guests or a short-term rental. Two dedicated camper hookups (30-amp and 50-amp), both with water access, provide additional income or guest accommodations. At the center of the property sits a well-maintained 2-bedroom, 2-bath doublewide that is comfortable and move-in ready. Mature trees and wooded portions of the acreage provide privacy and a peaceful natural backdrop, while the original log residence and multiple barns/outbuildings offer additional storage, restoration, or repurposing potential. With residential, commercial, and income-producing possibilities in one location, this property delivers versatility rarely found in today's market. Schedule your showing to see the potential for yourself. The business can be purchased separately plus inventory!

    Zillow last checked:

    Listing updated:

    Listed by:

    Holly Humphrey 423-741-3400,

    Summit Properties,

    Kelly West 423-612-0084,

    Summit Properties

    Bought with:

    Non Member

    Non Member

    Source: TVRMLS,MLS#: 9991890

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 4
    Heating
    • Heat Pump
    Cooling
    • Heat Pump, Window Unit(s)
    Appliances
    • Included: Dishwasher, Electric Range, Microwave, Refrigerator
    • Laundry: Electric Dryer Hookup, Washer Hookup
    Features
    • Flooring: Carpet, Concrete, Laminate
    Interior area
    • Total structure area: 2,880
    • Total interior livable area: 2,880 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: RV Access/Parking, Driveway, Gravel
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Side Porch
    • Exterior features: Playground, See Remarks
    Lot
    • Size: 5 Acres
    • Topography: Wooded, Rolling Slope, Cleared
    Details
    • Additional structures: Garage(s), Guest House, Outbuilding, Second Residence, Shed(s), Storage, Workshop
    • Parcel number: 030 043.00
    • Zoning: Commercial/Res

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: See Remarks
    • Property subtype: Multi Family
    Materials
    • Metal Siding, Vinyl Siding, See Remarks
    • Roof: Metal
    Condition
    • Average
    • New construction: No
    • Year built: 2002

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public

    Community & neighborhood

    Location
    • Region: Surgoinsville
    • Subdivision: Not Listed

    Other

    Other facts
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    5/15/2026Sold$370,000-7.3%$128/sqft
    Source: TVRMLS #9991890 Report a problem
    3/16/2026Pending sale$399,000$139/sqft
    Source: TVRMLS #9991889 Report a problem
    3/5/2026Listed for sale$399,000$139/sqft
    Source: TVRMLS #9991889 Report a problem
    2/1/2026Listing removed$399,000$139/sqft
    Source: TVRMLS #9983966 Report a problem
    12/22/2025Price change$399,000-0.3%$139/sqft
    Source: TVRMLS #9983966 Report a problem
    11/26/2025Price change$400,000-4.3%$139/sqft
    Source: TVRMLS #9983966 Report a problem
    11/10/2025Price change$418,000-0.2%$145/sqft
    Source: TVRMLS #9983911 Report a problem
    11/1/2025Price change$419,000-0.2%$145/sqft
    Source: TVRMLS #9983966 Report a problem
    10/20/2025Price change$420,000-1.2%$146/sqft
    Source: TVRMLS #9983966 Report a problem
    10/13/2025Price change$425,000-3.6%$148/sqft
    Source: TVRMLS #9983911 Report a problem
    10/7/2025Price change$441,000-0.5%$153/sqft
    Source: TVRMLS #9983911 Report a problem
    9/25/2025Price change$443,000-0.4%$154/sqft
    Source: TVRMLS #9983911 Report a problem
    9/18/2025Price change$445,000-1.1%$155/sqft
    Source: TVRMLS #9983966 Report a problem
    9/4/2025Price change$450,000-3.2%$156/sqft
    Source: TVRMLS #9983911 Report a problem
    8/18/2025Price change$465,000-2.1%$161/sqft
    Source: TVRMLS #9983911 Report a problem
    8/1/2025Listed for sale$475,000+666.1%$165/sqft
    Source: TVRMLS #9983911 Report a problem
    2/20/2019Sold$62,000-11.3%$22/sqft
    Source: TVRMLS #410639 Report a problem
    2/1/2019Pending sale$69,900$24/sqft
    Source: SPRING MOUNTAIN REALTY, PLLC #579557 Report a problem
    11/21/2018Price change$69,900-5.5%$24/sqft
    Source: SPRING MOUNTAIN REALTY, PLLC #579557 Report a problem
    8/1/2018Listed for sale$74,000+5.4%$26/sqft
    Source: SPRING MOUNTAIN REALTY, PLLC #579557 Report a problem
    6/14/2018Sold$70,200+77.3%$24/sqft
    Source: Public Record Report a problem
    7/10/2017Sold$39,600$14/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$697 $27,300
    2024$697 +9.9%$27,300
    2023$635 -36.8%$27,300 -37%
    2022$1,005 $43,350
    2021-- $43,350 +55.4%
    2020$707 $27,900
    2019$707 +81.5%$27,900 +81.5%
    2018$389 +0.1%$15,375
    2017$389 $15,375
    2016$389 +2.6%$15,375
    2015$379 -2.7%$15,375 -2.7%
    2014$389 +5.3%$15,800 +0.1%
    2013$370 -0.2%$15,780
    2012$371 +0.2%$15,780
    2011$370 $15,780
    2010-- $15,780 -0.2%
    2009$428 +3.6%$15,814
    2008$413 -21.4%$15,814 -21.4%
    2007$525 +49%$20,130 +34.8%
    2006$353 -11.9%$14,938
    2005$400 +55.2%$14,938 +46.5%
    2004$258 +5%$10,199
    2002$246 $10,199
    2001-- $10,199 -75%
    2000-- $40,794

    Find assessor info on the county website

    Neighborhood: 37873

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Surgoinsville
    • Middle: Surgoinsville
    • High: Volunteer

    Source: TVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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