NOT LISTED FOR SALE

10508 Highway 131 Washburn, TN 37888

Estimated Value: $198,000 - $279,000

4 Beds
1 Bath
1,866 Sq Ft
$135/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $246,000 $132 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,440/month

3 Days on Market

Highlights

  • Countryside Views
  • Wood Flooring
  • No HOA
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Covered Patio or Porch

About This Home

As of October 2023

1800+ SF home on 5 acres in peaceful country setting. Property is unrestricted. Home features a fireplace w/gas insert, 3 propane tanks, detached garage & carport. TLC needed. Land lays well and offers a great garden spot, small field, or area for animals. Multiple outbuildings, detached garage and carport. The house is on public water but also has a spring on the property with the outside spigots hooked up to it. Contingent upon seller finding suitable house.

Last Agent to Sell the Property

Tammie Hill

Realty Executives Associates License #260196 Listed on: 08/31/2023

Realty Executives Associates

Last Buyer's Agent

Non Member Non Member

Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $789

Year Built

  • Built in 1953

Lot Details

  • 5.4 Acre Lot
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,866 Sq Ft Home
  • Self Contained Fireplace Unit Or Insert
  • Combination Kitchen and Dining Room
  • Storage
  • Countryside Views
  • Unfinished Basement

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage
  • Storage Shed

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Spring water is a source of water for the property
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 056 014.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$789

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Directions: North on Tazewell Pike to Left on Hwy 61, continue straight on Hwy 131, property on right.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1953
  • Lot Size Acres: 5.4
  • Lot Size: 772x416xirr
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • General Property Description:Lot Size SqFt: 235223.0
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 1866.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: No
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: No
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Siding:Vinyl2: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Hardwood: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Water:Public: Yes
  • Outbuildings:Storage Shed: Yes
  • Floors:Laminate: Yes
  • Dining Area:KitchenDining Rm Co: Yes
  • Water:Spring: Yes
  • Fireplace Insert: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator
  • Has Basement: Unfinished
  • Fireplace: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Insert
  • Fireplaces: 1
  • Flooring: Laminate, Hardwood, Vinyl
  • Appliances Range: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Exterior Features: Porch - Covered
  • View: Country Setting
  • Lot Features: Level
  • Construction Type: Vinyl Siding, Frame
  • Other Structures: Storage
  • Construction:Frame: Yes
  • Exterior Features:Porch - Covered: Yes

Garage/Parking

  • GarageParkingCarportSpaces: 1.0
  • GarageParkingGarageSpaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Detached
  • GarageParking:Attached2: Yes
  • GarageParking:Detached2: Yes

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Propane, Electric
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes

Lot Info

  • Lot Size Sq Ft: 235223.0
  • Parcel #: 056 014.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2023
Closed on
Oct 27, 2023
Sold by
Glenn Billy R and Spurling Veda Lynn
Bought by
Chamberlain Holly Marie and Chamberlain Jimmy Leo
Seller's Agent
Tammie Hill
Realty Executives Associates
Buyer's Agent
Non Member Non Member
Non-Member Office
List Price
$249,900
Sold Price
$246,000
Premium/Discount to List
-$3,900
-1.56%
Views
25
Current Estimated Value
$252,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,195
Avg. Annual Appreciation
14.53%

Purchase Details

Closed on
Oct 24, 2017
Sold by
Petre Anna Lee and Petre Richard E
Bought by
Glenn Veda L & Billy R % Mortgage Solutions O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,697
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 31, 2011
Sold by
Petre Anna Lee
Bought by
Petre Anna Lee
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
Chamberlain Holly Marie $246,000 Crossland Title
Glenn Veda L & Billy R % Mortgage Solutions O $99,500 --
Gelenn Veda L $17,002,709 Independence Title & Escrow
Petre Anna Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Glenn Billy R $35,000
Previous Owner Gelenn Veda L $97,697
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $246,000 -1.6% $132 / Sq Ft
09/04/2023 09/04/23 Pending -- -- --
08/31/2023 08/31/23 For Sale $249,900 -- $134 / 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 $789 $33,575 $11,225 $22,350
2023 $789 $33,575 $11,225 $22,350
2022 $771 $33,575 $11,225 $22,350
2021 $771 $33,575 $11,225 $22,350
2020 $739 $33,575 $11,225 $22,350
2019 $739 $26,400 $7,725 $18,675
2018 $639 $26,400 $7,725 $18,675
2017 $639 $26,400 $7,725 $18,675
2016 $639 $26,400 $7,725 $18,675
2015 $669 $26,400 $7,725 $18,675
2014 $669 $26,741 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1238318

East Tennessee REALTORS® MLS

APN: 056-014.00