NOT LISTED FOR SALE

101 Sheraton Ln Elizabethton, TN 37643

Estimated Value: $590,000 - $776,550

4 Beds
2.5 Baths
5,094 Sq Ft
$129/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $710,000 $139 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $3,637/month

6 Days on Market

Highlights

  • Open Floorplan
  • Wood Burning Stove
  • Wooded Lot
  • Fireplace in Primary Bedroom
  • Mountainous Lot
  • Wood Flooring

About This Home

As of June 2023

Welcome to your secluded oasis at the end of a private driveway, where tranquility and natural beauty abound. Nestled on 24.92 acres of pristine, wooded land, this remarkable 4-bed, 2-and 1/2 bath cabin offers the perfect blend of privacy, comfort, and convenience. Surrounded by nature and wildlife, yet just a short 15-minute drive away from shopping, dinning, and entertainment. The natural beauty of the charming exterior, showcases a rustic yet elegant design that seamlessly blends into its picturesque surroundings. Step inside, and you'll immediately feel the warm embrace of the cabin's inviting atmosphere. The open-concept main level features a cozy stone fireplace and large windows, flooding the home with natural light. The kitchen offers ample counter space, and an island with seating for casual dining. Or you can use the delightful dining area, where you can savor your meals with friends while taking in the scenic beauty outside. The master suite is a true retreat, boasting a private en-suite bathroom and a private balcony that overlooks the enchanting woodland. Entertaining is a breeze in this cabin, thanks to its generous living spaces and expansive grounds. The sprawling deck is an ideal spot for hosting gatherings or simply enjoying a quiet moment amidst the rustling leaves. Nature enthusiasts will find themselves in paradise, as the property is teeming with wildlife. From deer grazing in the distance to the vibrant colors of local bird species, every day brings the opportunity to witness the wonders of the natural world from the comfort of your own home. Imagine sipping your morning coffee on the deck as you observe the local wildlife. The cabin offers an additional 3 oversized bedrooms, separate office area, and a workshop for the perfect setting to pursue your artistic endeavors or engaging in hands-on projects. There's so much more to discover that simply cannot be described within the limits of this description. Schedule a visit to see it all!

Last Agent to Sell the Property

Brooklynne Arevalo

KW Johnson City License #345603 Listed on: 05/21/2023

KW Johnson City

Last Buyer's Agent

Emily Danner

The Power Agents, LLC License #314289

The Power Agents, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,700

Year Built

  • Built in 1999

Lot Details

  • 24.92 Acre Lot
  • Back Yard Fenced
  • Lot Has A Rolling Slope
  • Mountainous Lot
  • Wooded Lot
  • Property is in good condition

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Cabin
  • Block Foundation
  • Wood Walls
  • Metal Roof
  • Log Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wood Burning Stove
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Living Room with Fireplace
  • 4 Fireplaces
  • Home Office
  • Loft
  • Bonus Room
  • Workshop
  • Utility Room
  • Storage In Attic

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Bathtub
  • Oversized Bathtub in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Fireplace in Basement
  • Workshop

Outdoor Features

  • Balcony
  • Patio
  • Front Porch

Schools

  • Happy Valley Elementary And Middle School
  • Happy Valley High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 081 006.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,700

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Directions: From I-26 E take exit 27. Turn left onto S Roan St. Turn right onto TN-359 N/Okolona Rd. Turn right onto State Hwy 2495/TN. Turn right onto Scioto Rd. Turn left onto Sheraton Ln. Follow pointer signs to the end of Sheraton Lane. GPS will take you to the start of Sheraton lane. Just follow signs up.
  • Prop. Type: Residential
  • Building Stories: 2
  • Year Built: 1999
  • Garage Garage Spaces: 2
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Not In Subdivision
  • Architectural Style: Cabin
  • Unit Levels: Two
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 24.92
  • General Property Description Zoning2: R
  • General Property Description Elementary School3: Happy Valley
  • General Property Description Middle School2: Happy Valley
  • General Property Description High School3: Happy Valley
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • General Property Description Lot Dimensions: 24.92 acres
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 5094.0
  • General Property Description Above Grade SqFt: 2920.0
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring Hardwood: Yes
  • Flooring Tile2: Yes
  • General Property Description Parcel ID2: 081 006.01
  • General Property Description # Fireplaces: 4
  • AC Heat Pump3: Yes
  • General Property Description Stories2: 2
  • TopographyLot Description Rolling Slope: Yes
  • TopographyLot Description Sloped: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Laminate: Yes
  • Other Rooms Laundry: Yes
  • Foundation Block6: Yes
  • Fencing Back Yard: Yes
  • Fireplace Basement3: Yes
  • Other Rooms Bonus Room3: Yes
  • Roof Metal3: Yes
  • Walls Wood3: Yes
  • TopographyLot Description Mountainous: Yes
  • Basement Workshop2: Yes
  • TopographyLot Description Wooded: Yes
  • Levels:Two: Yes
  • Rooms:Office2: Yes
  • Structure Type:House: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Has Basement: Finished, Walk-Out Access, Workshop
  • Flooring: Hardwood, Laminate, Tile
  • Interior Amenities: 2+ Person Tub, Balcony, Eat-in Kitchen, Entrance Foyer, Laminate Counters, Open Floorplan, Pantry, Walk-In Closet(s)
  • Window Features: Insulated Windows
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 2174.0
  • Fireplace Features: Primary Bedroom, Basement, Gas Log, Living Room, Wood Burning Stove, Other, See Remarks
  • Fireplaces: 4
  • Total Bedrooms: 8
  • General Property Description Baths - Full: 2
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Pantry: Yes
  • Appliances Dishwasher: Yes
  • General Property Description Baths - 12: 1
  • Interior Features:Laminate Counters: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Living Room: Yes
  • Other Rooms:Workshop: Yes
  • Basement:Walk-Out Access: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Electric Range: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:Loft: Yes
  • Basement:Basement Finished2: Yes
  • Fireplace:Wood Burning Stove: Yes
  • Interior Features Balcony2: Yes
  • Interior Features:Attic Storage: Yes
  • Fireplace Primary Bedroom2: Yes
  • Interior Features 2 Person Tub: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Metal
  • Exterior Features: Balcony, See Remarks
  • Fencing: Back Yard
  • Acres: 24.92
  • Topography: Mountainous, Rolling Slope, Sloped, Wooded
  • Home Warranty: No
  • Construction Type: Log
  • Foundation Details: Block
  • Patio And Porch Features: Back, Balcony, Front Porch, Rear Patio
  • Window Features:Insulated Windows: Yes
  • PorchPatioDeck Back: Yes
  • PorchPatioDeck Front Porch: Yes
  • Exterior Features:See Remarks23: Yes
  • PorchPatioDeck Rear Patio: Yes
  • Exterior Finish Log2: Yes
  • Exterior Features:Balcony: Yes
  • PorchPatioDeck Balcony3: Yes

Garage/Parking

  • Parking Features: Driveway, Attached, Garage Door Opener, Gravel, See Remarks
  • Sq Ft DetailsGarageAttachedSq Ft: 528
  • Sq Ft DetailsGarageTotalSq Ft: 528
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:See Remarks22: Yes

Utilities

  • Heating: Fireplace(s), Heat Pump
  • Sewer: Septic Tank
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Heating:Fireplace(s): Yes
  • Sewer Septic Tank: Yes

Schools

  • Elementary School: Happy Valley
  • High School: Happy Valley
  • Middle Or Junior School: Happy Valley

Lot Info

  • Zoning: R
  • Lot Dimensions: 24.92 acres
  • Lot Size Sq Ft: 1085515.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 081 006.01
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 249

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2023
Closed on
Jun 28, 2023
Sold by
Bermudez Andrew Ryan and Bermudez Chrystal Lynn
Bought by
Kolb Timothy Matthew and Kolb Ashley Lauren
Seller's Agent
Brooklynne Arevalo
KW Johnson City
Buyer's Agent
Emily Danner
The Power Agents, LLC
List Price
$695,000
Sold Price
$710,000
Premium/Discount to List
$15,000
2.16%
Current Estimated Value
$656,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$53,483
Avg. Annual Appreciation
-3.39%
Original Mortgage
$568,000
Outstanding Balance
$553,414
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$103,103

Purchase Details

Closed on
Jul 29, 2016
Sold by
James A
Bought by
Bermudez Andrew Ryan and Bermudez Chrystal Lynn

Purchase Details

Listed on
Jun 6, 2015
Closed on
Apr 22, 2016
Sold by
Barnett Vester R
Bought by
Bermudez Andrew Ryan and Bermudez Chrystal Lynn
Seller's Agent
CC MILHORN
KW Johnson City
Buyer's Agent
Jay Crockett
REMAX Checkmate, Inc. Realtors
List Price
$350,000
Sold Price
$232,500
Premium/Discount to List
-$117,500
-33.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.60%
Original Mortgage
$186,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2011
Sold by
Barnett Vester Robin
Bought by
Barnett James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,500
Interest Rate
4.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 2, 1993
Bought by
Barnett Vester R and Barnett Vickie L

Purchase Details

Closed on
Feb 21, 1992
Bought by
Coleman Ralph and Coleman Vennie
Source: Public Records

Range of Values:

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Average Value
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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
Kolb Timothy Matthew $710,000 None Listed On Document
Bermudez Andrew Ryan $25,000 --
Bermudez Andrew Ryan $232,500 --
Barnett James A $35,000 --
Barnett Vester R $22,000 --
Coleman Ralph $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kolb Timothy Matthew $568,000
Previous Owner Bermudez Andrew Ryan $186,000
Previous Owner Barnett James A $31,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2023 06/30/23 Sold $710,000 +2.2% $139 / Sq Ft
05/28/2023 05/28/23 Pending -- -- --
05/21/2023 05/21/23 For Sale $695,000 +198.9% $136 / Sq Ft
04/22/2016 04/22/16 Sold $232,500 -33.6% $80 / Sq Ft View Prior Sale
03/11/2016 03/11/16 Pending -- -- --
06/05/2015 06/05/15 For Sale $350,000 -- $120 / Sq Ft
Source: Tennessee/Virginia Regional 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 $1,700 $77,975 $6,675 $71,300
2023 $1,700 $77,975 $0 $0
2022 $1,583 $77,975 $6,675 $71,300
2021 $1,583 $77,975 $6,675 $71,300
2020 $1,670 $77,975 $6,675 $71,300
2019 $1,514 $61,300 $5,500 $55,800
2018 $1,514 $61,300 $5,500 $55,800
2017 $1,486 $60,150 $4,350 $55,800
2016 $1,649 $60,150 $4,350 $55,800
2015 $1,649 $67,325 $11,525 $55,800
2014 $1,806 $73,700 $12,125 $61,575
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9952030

Tennessee/Virginia Regional MLS

APN: 081-006.01