Seller's Agent in 2023
Todd Henon
Greater Downtown Realty dba Keller Williams Realty
(423) 413-4507
700 Total Sales
0 State Route 30 Unit RTC2383187 Spencer, TN 38585
Estimated Value: $981,234
465
Acres
$2,110
Price per Acre
20,255,400
Sq Ft Lot
Highlights
- 465 Acre Lot
- Paved or Partially Paved Lot
- No Heating
- Wooded Lot
About This Lot
As of June 2023PRIME RECREATIONAL RETREAT - 465+/- acres bordering FALL CREEK FALLS STATE PARK. Rare property that offers a world of opportunity. Deer stands throughout the property and wildlife including whitetail deer, wild turkey, and upland fowl make this property an ideal hunting ground. BUILD your retreat: 3 building envelopes have been reserved for home sites, barn sites and pond sites. Property is enrolled in a Conservation Easement. From the west, enjoy mountain and valley views of the surrounding state-protected lands. Owner has invested in gated entrance and well-maintained roadways including gravel, culverts, and concrete headwalls. Utilities available at the street. Convenient to popular Caney Fork River, with property water features including creeks, streams, waterfalls. Significant road frontage on Hwy 30 for easy access. Rural, yet not remote = 15 min. east of Spencer, TN and across from Volunteer Fire Dept. Station. 22 minutes to Pikeville, 40 minutes to Dunlap, 1.25 hours to Downtown Chattanooga and 1.5 hours to Nashville. Neighboring Fall Creek Falls State Park, situated on over 29,000 acres, is an outdoor enthusiasts' playground with some of the area's best hiking and camping, golf, and waterfalls. Fall Creek Falls itself is one of the highest waterfalls in the eastern United States. Property borders the Grandview Lodge at Fall Creek Falls, offering vacation rentals and possible future resort homes. Surveys on file - 2 parcels of record being sold as one: 037 032.00 and 037 035.00. *Property is currently enrolled in the Greenbelt. Should Purchaser choose to remove the property from the Greenbelt, Purchaser to be responsible for the payment of any rollback taxes. Any and all property lines on photos are simulated and are approximate. Buyers to verify acreage, restrictions, property corners, property lines and all matters deemed important to purchaser.
Last Agent to Sell the Property
Greater Downtown Realty dba Keller Williams Realty License #280357 Listed on: 05/06/2022
Last Buyer's Agent
Greater Downtown Realty dba Keller Williams Realty License #280357 Listed on: 05/06/2022
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,323
Lot Details
- 465 Acre Lot
- Property fronts a county road
- Paved or Partially Paved Lot
- Wooded Lot
Interior Spaces
- Property has 3 Levels
Schools
- Spencer Elementary School
- Van Buren Co High Middle School
- Van Buren Co High School
Listing and Financial Details
- Assessor Parcel Number 037 03200 000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 6, 2022
Closed on
Jul 28, 2023
Sold by
Dematteo Damian M
Bought by
Dd Land Company Llc
Seller's Agent
Todd Henon
Greater Downtown Realty dba Keller Williams Realty
Buyer's Agent
Todd Henon
Greater Downtown Realty dba Keller Williams Realty
List Price
$999,000
Sold Price
$930,000
Premium/Discount to List
-$69,000
-6.91%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,234
Avg. Annual Appreciation
1.75%
Purchase Details
Closed on
Oct 31, 2018
Sold by
Varner Bradley A and Tumlin Dennis R
Bought by
Fall Creek Falls Reserve Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,020
Interest Rate
4.5%
Mortgage Type
Unknown
Purchase Details
Closed on
Oct 2, 2018
Sold by
Cane Creek Partners Llc
Bought by
Varner Bradley A and Tumlin Dennis R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,020
Interest Rate
4.5%
Mortgage Type
Unknown
Purchase Details
Closed on
Dec 26, 2012
Purchase Details
Closed on
Dec 9, 2011
Sold by
Tennessee Land
Bought by
Cane Creek Partners Llc
Purchase Details
Closed on
Mar 30, 2007
Bought by
Tumlin Dennis
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dd Land Company Llc | -- | None Listed On Document | |
| Fall Creek Falls Reserve Llc | $330,000 | None Available | |
| Varner Bradley A | $121,009 | None Available | |
| -- | -- | -- | |
| Cane Creek Partners Llc | -- | -- | |
| Tumlin Dennis | $1,379,200 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Varner Bradley A | $171,020 | |
| Previous Owner | Tennessee Land & Development | $1,455,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/29/2023 06/29/23 | Sold | $930,000 | -6.9% | -- |
| 05/26/2023 05/26/23 | Pending | -- | -- | -- |
| 03/20/2023 03/20/23 | For Sale | $999,000 | +7.4% | -- |
| 02/28/2023 02/28/23 | Off Market | $930,000 | -- | -- |
| 04/21/2022 04/21/22 | For Sale | $999,000 | -- | -- |
Source: Realtracs
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,000 | $41,650 | $41,650 | $0 |
| 2023 | $1,000 | $41,650 | $41,650 | $0 |
| 2022 | $1,000 | $41,650 | $41,650 | $0 |
| 2021 | $1,000 | $41,650 | $41,650 | $0 |
| 2020 | $845 | $41,650 | $41,650 | $0 |
| 2019 | $707 | $30,600 | $30,600 | $0 |
| 2018 | $592 | $30,600 | $30,600 | $0 |
| 2017 | $592 | $30,650 | $30,650 | $0 |
| 2016 | $592 | $30,650 | $30,650 | $0 |
| 2015 | $592 | $30,650 | $30,650 | $0 |
| 2014 | $2,383 | $30,650 | $30,650 | $0 |
| 2013 | $2,383 | $130,205 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Realtracs
MLS Number: 2383187
APN: 037-032.00
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