NOT LISTED FOR SALE

107 Lyman Brown Rd Fall Branch, TN 37656

Estimated Value: $338,000 - $599,014

3 Beds
2 Baths
1,960 Sq Ft
$228/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $300,000 $153 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,620/month

8 Days on Market

Highlights

  • Barn
  • Mountain View
  • Wood Flooring
  • 41.6 Acre Lot
  • Pond
  • Community Spa

About This Home

As of January 2020

Take a look at this beautiful 41.6 acre farm conveniently located in the Fall Branch area near Interstate 81. The farm features 2 homes (105 & 107 Lyman Brown Rd.). The nice double wide home has 3 BR/2 BA, with a den addition and hardwood floors. It also features a double, detached garage! 105 Lyman Brown is a 1900s era 2-story farmhouse with 4BR/2BA. The interior needs renovation, but has a newer metal roof. The home has great potential!! There are large barns and equipment sheds on the property, and it also features a large pond and a creek. The farm has been recently surveyed and the homes CAN be sold separately if you're interested only in the land. There is an additional site for another home with hookups already in place. The farm has been in the family for over 100 years and is being sold only due to health reasons.

Last Listed By

Dan Moneyhun

SLATER AUCTION & REALTY GROUP Listed on: 11/04/2019

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,704

Year Built

  • Built in 1978

Lot Details

  • 41.6 Acre Lot
  • Fenced
  • Level Lot
  • Property is in average condition

Home Design

  • Block Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,960 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Mountain Views
  • Home Security System
  • Electric Range
  • Washer and Electric Dryer Hookup

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Pond
  • Covered patio or porch
  • Shed
  • Outbuilding

Schools

  • Fall Branch Elementary And Middle School
  • Daniel Boone High School

Farming

  • Barn
  • Pasture

Mobile Home

  • Manufactured Home

Utilities

  • Cooling Available
  • Heating System Uses Propane
  • Heat Pump System
  • Shared Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 025 031.01

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Community Spa

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,704

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Directions: GPS friendly. From I81, take exit 50, South on Hwy. 93 for approx. 2 miles to Halls Crossroad (just past Pizza Plus). Go straight (Hwy. 81/TN 81) for approx . 1/2 mi. to left onto Kincheloe Rd., go approx. 1 mile, farm starts on the right. (Turn right up Lyman Brown Rd. for homes) See signs.
  • Prop. Type: Residential
  • Year Built: 1978
  • Body Type: Double Wide
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Not In Subdivision
  • Unit Levels: One
  • New Construction: No
  • Appliances Refrigerators: Yes
  • Structure Type:Manufactured House: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Flooring: Hardwood, Laminate
  • Interior Amenities: Security System
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Fireplace:Gas Log: Yes
  • Fireplace:Living Room: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Metal
  • Other Structures: Barn(s), Outbuilding, Shed(s)
  • View: Mountain(s)
  • Exterior Features: See Remarks
  • Fencing: Pasture
  • Acres: 41.6
  • Topography: Farm Pond, Bottom Land, Level, Pasture, Rolling Slope, Sloped
  • Home Warranty: No
  • Construction Type: Vinyl Siding, Other
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Front Porch
  • Exterior Features:See Remarks23: Yes

Garage/Parking

  • Parking Features: Concrete
  • Sq Ft DetailsGarageDetachedSq Ft: 576
  • Sq Ft DetailsGarageTotalSq Ft: 576
  • Attached Garage: No
  • Parking Features:Concrete2: Yes

Utilities

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

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Exterior Amenities:SpaHot Tub: Yes

Schools

  • Elementary School: Fall Branch
  • High School: Daniel Boone
  • Middle Or Junior School: Fall Branch

Lot Info

  • Zoning: Agricultural
  • Lot Dimensions: see acres
  • Lot Size Sq Ft: 1812096.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 025 031.01
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2019
Closed on
Jan 31, 2020
Sold by
Brown David R
Bought by
Yeager Marie E and Andre Merza Andre
Seller's Agent
Dan Moneyhun
SLATER AUCTION & REALTY GROUP
Buyer's Agent
MATT FLEENOR
KW Johnson City
List Price
$299,000
Sold Price
$300,000
Premium/Discount to List
$1,000
0.33%
Total Days on Market
8
Current Estimated Value
$447,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,005
Avg. Annual Appreciation
10.16%
Original Mortgage
$150,000
Interest Rate
3.7%
Mortgage Type
New Conventional

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
Yeager Marie E $100,000 None Available
Yeager Marie E $200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yeager Marie E $65,000
Open Yeager Marie $472,375
Closed Yeager Marie $472,375
Closed Yeager Marie E $150,000
Closed Yeager Marie E $95,000
Previous Owner Brown David R $61,923
Previous Owner Brown David R $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2020 01/31/20 Sold $300,000 +0.3% $153 / Sq Ft
11/13/2019 11/13/19 Pending -- -- --
11/04/2019 11/04/19 For Sale $299,000 -- $153 / 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 $1,704 $99,675 $34,450 $65,225
2022 $1,228 $57,125 $25,825 $31,300
2021 $1,228 $57,125 $25,825 $31,300
2020 $1,216 $57,125 $25,825 $31,300
2019 $1,152 $56,550 $25,250 $31,300
2018 $1,152 $48,400 $25,575 $22,825
2017 $1,152 $48,400 $25,575 $22,825
2016 $1,152 $48,400 $25,575 $22,825
2015 $958 $48,400 $25,575 $22,825
2014 $958 $48,400 $25,575 $22,825
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9901668

Tennessee/Virginia Regional MLS

APN: 025-031.01