NOT LISTED FOR SALE

1040 County Road 116 Riceville, TN 37370

Estimated Value: $579,000 - $960,000

3 Beds
3 Baths
2,533 Sq Ft
$287/Sq Ft Est. Value

About This Home

This home is located at 1040 County Road 116, Riceville, TN 37370 and is currently estimated at $727,414, approximately $287 per square foot. 1040 County Road 116 is a home located in McMinn County.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2024
Sold by
Nunnery Janice Charlene
Bought by
Garrett Jacob and Garrett Shannon
Current Estimated Value
$741,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,000
Outstanding Balance
$295,662
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$459,529

Purchase Details

Closed on
Jun 19, 2020
Sold by
Nunnery Janice Charlene and Nunnery James W
Bought by
Garrett Jacob and Garrett Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,750
Interest Rate
3.2%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 25, 2001
Sold by
Love and Elizabeth
Bought by
Evans James E

Purchase Details

Closed on
Oct 5, 1989
Bought by
Lee Danny L and Lee Susan H
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Garrett Jacob $339,000 Reliance Title
Garrett Jacob $339,000 Reliance Title
Garrett Jacob $470,000 Equititle Inc
Evans James E $335,000 --
Lee Danny L $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garrett Jacob $339,000
Closed Garrett Jacob $339,000
Previous Owner Garrett Jacob $420,750
Previous Owner Nunnery James W $50,000
Previous Owner Nunnery James W $60,000
Previous Owner Nunnery James W $50,000
Source: Public Records

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 $1,513 $139,750 $58,125 $81,625
2023 $1,513 $139,750 $58,125 $81,625
2022 $1,588 $102,650 $48,250 $54,400
2021 $1,588 $102,650 $48,250 $54,400
2020 $1,342 $102,650 $48,250 $54,400
2019 $1,342 $86,725 $33,900 $52,825
2018 $1,342 $86,725 $33,900 $52,825
2017 $1,250 $77,350 $33,750 $43,600
2016 $1,250 $77,350 $33,750 $43,600
2015 -- $77,350 $33,750 $43,600
2014 $1,250 $77,347 $0 $0
Source: Public Records

Map

Tennessee Mcminn County Riceville 37370

1040 County Road 116, Riceville, TN

This home is located at 1040 County Road 116, Riceville, TN 37370 and is currently estimated at $727,414, approximately $287 per square foot. 1040 County Road 116 is a home located in McMinn County.

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