NOT LISTED FOR SALE

1 W Farrell St Niota, TN 37826

Estimated Value: $284,000 - $322,000

0.28 Acre
$1,082,768 Price per Acre
12,197 Sq Ft Lot

Last Sold July 18, 2024

Last sale price $25,000 $9 Per Sq Ft

Est. 1,101% increase in value since last sale

Current estimated payment $1,731/month

27 Days on Market

About This Lot

As of July 2024

With minimal ground work to be done, this level grassy lot is practically ready for your new Home! At .28 of an acre, this corner lot spans an entire city block from Farrell St to Ocoee St. With natural gas, water, and sewer available at the road, all you have to do is pick the spot for your new Home! If you like the feel of a nostalgic community offering small town living, this is the place for you! Home to TN's oldest Train Depot and nicknamed ''Socktown'' in honor of Crescent Hosiery Mill of 1902, Niota's events and proximity to Athens, Sweetwater, Loudon and Knoxville by I-75 make small town life convenient and desirable.

Last Agent to Sell the Property

Lynn Patterson

Realty Executives Main Street License #355888 Listed on: 04/17/2024

Realty Executives Main Street

Last Buyer's Agent

Darren Miller

eXp Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,126

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 60 x 200
  • Rural Setting
  • Corner Lot
  • Cleared Lot
  • Finished Lot(s)
  • Zoning described as None, Zoned Residential

Utilities

  • Gas Available

Listing and Financial Details

  • Assessor Parcel Number 033L D 022.00

Property Details

Property Type

Land

Est. Annual Taxes

$1,126

Lot Details

0

Listing Details

  • Directions: From Hwy 11 Niota, at the Marathon Gas Station, turn onto Burn Rd. Stay straight on Burn Rd until the corner of Burn and Farrell St. Property is the entire block from Farrell St to Ocoee St. Sign on Property.
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 0.28
  • Lot Size: 60 x 200
  • Utilities Available:Electricity4: Yes
  • Utilities Available:Gas3: Yes
  • Utilities Available:Water5: Yes
  • General Property Description:Lot Size SqFt: 12000.0
  • Property Sub-Type:Rural: Yes
  • Property Sub-Type:Single Family2: Yes
  • Utilities Available:Sewer6: Yes
  • Lot Description:Corner Lot: Yes
  • Topography:Cleared: Yes
  • Property Sub-Type:Mobile Home2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Corner Lot
  • Topography: {"Level":true,"Cleared":true}
  • Road Frontage Paved: Yes

Lot Info

  • Lot Size Sq Ft: 12000.0
  • Parcel #: 033L D 022.00
  • Zoning Description: None, Zoned Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 78.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2020
Closed on
Dec 14, 2020
Sold by
Mcgraw Daniel W and Mcgraw Anna K
Bought by
Shaw Brianna and Meadows Matthew
Seller's Agent
Dustin Sherlin
Realty ONE Group Experts
List Price
$174,900
Sold Price
$178,500
Premium/Discount to List
$3,600
2.06%
Current Estimated Value
$300,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,874
Avg. Annual Appreciation
12.07%
Original Mortgage
$175,266
Outstanding Balance
$157,026
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$146,149

Purchase Details

Closed on
Dec 7, 2016
Sold by
Carman Alice M
Bought by
Mcgraw Daniel W and Mcgraw Anna K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,600
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2015
Sold by
Mcphail Williard
Bought by
Carman Alice M

Purchase Details

Closed on
Nov 28, 2005
Sold by
Lonas Neenah S
Bought by
Carman Alice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.1%

Purchase Details

Closed on
Mar 5, 1987
Bought by
Mccoll Nancy Lones

Purchase Details

Closed on
Dec 1, 1983

Purchase Details

Closed on
Jun 7, 1946
Bought by
Lones Homer and Lones Effie
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Shaw Brianna $178,500 Equititle Inc
Mcgraw Daniel W $124,500 --
Carman Alice M -- --
Carman Alice M $115,000 --
Mccoll Nancy Lones -- --
-- -- --
Lones Homer -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meadows Matthew $49,000
Open Shaw Brianna $175,266
Previous Owner Mcgraw Daniel W $99,600
Previous Owner Carman Alice M $90,000
Previous Owner Carman Alice M $92,000
Previous Owner Carman Alice M $23,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2024 07/18/24 Sold $25,000 -10.7% $9 / Sq Ft
05/15/2024 05/15/24 Pending -- -- --
05/08/2024 05/08/24 For Sale $28,000 0.0% $10 / Sq Ft
04/18/2024 04/18/24 Pending -- -- --
04/17/2024 04/17/24 For Sale $28,000 -84.3% $10 / Sq Ft
12/14/2020 12/14/20 Sold $178,500 +2.1% $90 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
10/23/2020 10/23/20 For Sale $174,900 -- $88 / Sq Ft
Source: East Tennessee REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

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 $1,126 $57,875 $13,500 $44,375
2023 $1,126 $57,875 $13,500 $44,375
2022 $933 $31,525 $1,800 $29,725
2021 $869 $31,525 $1,800 $29,725
2020 $869 $31,525 $1,800 $29,725
2019 $861 $31,225 $1,800 $29,425
2018 $798 $31,225 $1,800 $29,425
2017 $825 $31,300 $2,750 $28,550
2016 $824 $31,300 $2,750 $28,550
2015 -- $31,300 $2,750 $28,550
2014 $824 $31,304 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1259646

East Tennessee REALTORS® MLS

APN: 033L-D-033.00