NOT LISTED FOR SALE

1023 Palmer Hollow Rd Bybee, TN 37713

Estimated Value: $278,000

3 Beds
2 Baths
1,098 Sq Ft
$253/Sq Ft Est. Value

Last Sold March 15, 2021

Last sale price $27,000 $25 Per Sq Ft

Est. 930% increase in value since last sale

Current estimated payment $1,537/month

56 Days on Market

Highlights

  • Waterfront
  • Wood Burning Stove
  • No HOA
  • Deck
  • Wooded Lot
  • Covered Patio or Porch

About This Home

As of March 2021

Rustic 3BR/2BA fixer-upper resting on Palmer Creek ready to make your own! Located just 20 min from Newport and I-40. House is currently on a shared well agreement with adjoining property.

Last Agent to Sell the Property

Josh Jenkins

Cosby Real Estate, Inc. License #337345 Listed on: 12/18/2020

Last Buyer's Agent

Josh Jenkins

Cosby Real Estate, Inc. License #337345 Listed on: 12/18/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2011

Lot Details

  • 3.71 Acre Lot
  • Waterfront
  • Level Lot
  • Wooded Lot

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,098 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Metal Fireplace
  • Double Pane Windows
  • Living Room
  • Basement
  • Crawl Space
  • Fire and Smoke Detector
  • Dishwasher

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Window Unit Cooling System
  • Heating System Uses Wood
  • Natural Gas Not Available
  • Shared Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number A033.00

Home Details

Home Type

Single Family

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Carport Y N: No
  • Year Built: 2011
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.71
  • Lot Size: 709/287/465/357
  • Water Body Name: Other
  • Subdivision Name: Other
  • Directions: From downtown Newport, take U.S. 321-N for 2 miles and turn left on TN-160. Follow TN-160 for 3.2 miles then turn right onto Fowlers Grove Road. Take Fowlers Grove for 3.4 miles then turn right onto Palmer Hollow Road. Home will be on right in approx. 1.0 mile. Sign is in yard.
  • Above Grade Finished Sq Ft: 1230.0
  • New Construction: No
  • Location Tax and Legal:Tax Annual Amount: 833.44
  • Location Tax and Legal:Tax Year2: 2019
  • Location Tax and Legal:Parcel Number2: A033.00
  • General Property Information:Lot Size Acres: 3.71
  • General Property Information:Lot Size Dimensions: 709/287/465/357
  • General Property Information:Waterfront YN: Yes
  • General Property Information:Living Area2: 1098.0
  • General Property Information:Above Grade Finished Area: 1230.0
  • General Property Information:New Construction YN: No
  • General Property Information:Fireplace YN: No
  • General Property Information:Spa YN: No
  • General Property Information:Home Warranty YN: No
  • Additional Dwelling:Additional Dwelling YN: No
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Room Types:Living Room2: Yes
  • General Property Information:Basement YN: Yes
  • Flooring:Vinyl: Yes
  • Levels:Two: Yes
  • Security Features:Smoke Detector(s): Yes
  • Flooring:Laminate: Yes
  • Utilities:Natural Gas Not Available: Yes
  • Utilities:Unknown Internet: Yes
  • Laundry Features:Main Level: Yes
  • Cooling:Window Unit(s): Yes
  • Water Source:Shared Well: Yes
  • Room Types:Laundry: Yes
  • Roof:Metal: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Laminate, Vinyl
  • Appliances: Dishwasher, Electric Water Heater
  • Basement: Crawl Space
  • Levels: Two
  • Private Spa: No
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Metal, Wood Burning Stove, Other
  • Fireplace: No
  • Living Area: 1098.0
  • Window Features: Double Pane Windows
  • Appliances Dishwasher: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Other13: Yes
  • Fireplace Features:Wood Burning Stove: Yes

Exterior Features

  • Roof: Shingle
  • Lot Features: Level, Steep Slope, Wooded, Other
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Block, Vinyl Siding
  • Patio And Porch Features: Covered, Deck
  • Construction Materials:Block2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Level: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Double Pane Windows: Yes
  • Patio And Porch Features:Covered2: Yes
  • Lot Features:Other21: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Steep Slope: Yes

Garage/Parking

  • Garage Yn: No
  • Attached Garage: No
  • Parking Features: Gravel
  • General Property Information:Garage YN: No
  • General Property Information:Carport YN: No
  • Parking Features:Gravel: Yes

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wood, Wood Stove
  • Sewer: Septic Tank
  • Laundry Features: Electric Dryer Hookup, Main Level, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Natural Gas Not Available, Unknown Internet
  • Sewer Septic Tank: Yes
  • Heating:Wood Stove: Yes
  • Heating:Wood3: Yes

Condo/Co-op/Association

  • Amenities: Laundry
  • Association Fee Frequency: Monthly
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Fee Frequency: Monthly

Lot Info

  • Lot Size Sq Ft: 161607.6
  • Parcel #: A033.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 833.44
  • Tax Map Number: 020N
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2020
Closed on
Mar 15, 2021
Sold by
Seymore Tamara
Bought by
Igarza Yunaisi Rey and Garcia Jose L
Seller's Agent
Josh Jenkins
Cosby Real Estate, Inc.
Buyer's Agent
Josh Jenkins
Cosby Real Estate, Inc.
List Price
$39,900
Sold Price
$27,000
Premium/Discount to List
-$12,900
-32.33%
Current Estimated Value
$278,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,000
Avg. Annual Appreciation
66.76%

Purchase Details

Closed on
Nov 17, 2017
Sold by
Commercial Bank
Bought by
Seymore Tamara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,865
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 2016
Sold by
Sparks Rosella
Bought by
Commercial Bank

Purchase Details

Closed on
Jun 15, 2007
Sold by
Bryant Ricky
Bought by
Sparks Rosella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,550
Interest Rate
6.16%
Mortgage Type
Cash

Purchase Details

Closed on
Aug 8, 2005
Sold by
Winchester David S
Bought by
Bryant Ricky

Purchase Details

Closed on
Mar 15, 2005
Bought by
Bryant Ricky

Purchase Details

Closed on
Jun 7, 2004
Sold by
Bryant Ricky
Bought by
David Winchester S

Purchase Details

Closed on
Mar 30, 2004
Sold by
Downs Frank L
Bought by
Bryant Ricky
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
Igarza Yunaisi Rey $27,000 Colonial Title Group Inc
Seymore Tamara $18,000 None Available
Commercial Bank $13,949 --
Sparks Rosella $26,400 --
Bryant Ricky $28,200 --
Bryant Ricky $28,200 --
David Winchester S $28,200 --
Bryant Ricky $25,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Seymore Tamara $20,865
Previous Owner Bryant Ricky $24,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2021 03/15/21 Sold $27,000 -32.3% $25 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
12/18/2020 12/18/20 For Sale $39,900 -- $36 / Sq Ft
Source: Lakeway Area Association of REALTORS®

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 $754 $29,450 $10,025 $19,425
2023 $754 $29,450 $10,025 $19,425
2022 $755 $29,450 $10,025 $19,425
2021 $755 $29,450 $10,025 $19,425
2020 $752 $29,450 $10,025 $19,425
2019 $752 $26,575 $7,525 $19,050
2018 $752 $26,575 $7,525 $19,050
2017 $771 $26,575 $7,525 $19,050
2016 $688 $26,575 $7,525 $19,050
2015 $707 $26,575 $7,525 $19,050
2014 $707 $26,575 $7,525 $19,050
2013 $707 $29,450 $8,675 $20,775
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 591514

Lakeway Area Association of REALTORS®

APN: 020N-A-033.00