NOT LISTED FOR SALE

112 Gap Creek Rd Cumberland Gap, TN 37724

Estimated Value: $116,422 - $142,000

2 Beds
1 Bath
980 Sq Ft
$135/Sq Ft Est. Value

Last Sold November 06, 2023

Last sale price $125,995 $129 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $745/month

38 Days on Market

Highlights

  • Countryside Views
  • Traditional Architecture
  • Bonus Room
  • Deck
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of November 2023

Located in the Powell Valley area of Cumberland Gap TN you will find this 2 bedroom 1 bath home. This home features lots of updates along with a bonus room and a Fully equipped eat-in kitchen.

Last Agent to Sell the Property

Nichole Goins

Heartland Real Estate, LLC License #282093 Listed on: 08/31/2023

Last Buyer's Agent

Thomas Cornelison

Southern Charm Homes License #372067

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $284

Year Built

  • Built in 1950

Lot Details

  • 0.53 Acre Lot
  • Lot Has A Rolling Slope

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Frame Construction

Interior Spaces

  • 980 Sq Ft Home
  • Bonus Room
  • Storage
  • Countryside Views
  • Crawl Space
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Deck
  • Outdoor Storage
  • Storage Shed

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Private Water Source
  • Tankless Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 041 090.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$284

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Directions: From Hwy 63 turn onto Providence Rd, turn onto Gap Creek Rd, house will be on right.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1950
  • Lot Size Acres: 0.53
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Lot Description:Rolling Slope: Yes
  • General Property Description:Fireplace: No
  • General Property Description:SqFt - Main Lvl: 980.0
  • General Property Description:HOA: No
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: Yes
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Fuel:Electric: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Outbuildings:Storage Shed: Yes
  • Floors:Laminate: Yes
  • Water:Private2: Yes
  • Heat:Heat Pump3: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Tankless Wtr Htr, Refrigerator
  • Has Basement: Crawl Space
  • Fireplace: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Flooring: Laminate, Carpet
  • Basement:Crawl Space: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Fireplace:None15: Yes
  • Other Rooms:Bedroom Main Level: Yes
  • Appliances:Tankless Wtr Htr: Yes

Exterior Features

  • Exterior Features: Deck
  • View: Country Setting, Other
  • Lot Features: Rolling Slope
  • Construction Type: Frame
  • Other Structures: Storage
  • Construction:Frame: Yes
  • Exterior Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off-Street Parking, Other
  • GarageParking:Off-Street Parking: Yes
  • GarageParking:Other17: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 23086.8
  • Parcel #: 041 090.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2023
Closed on
Nov 6, 2023
Sold by
Barnabei Tabatha and Barnabei James
Bought by
Sharp Charles Hubert and Sharp Jessica Danielle
Seller's Agent
Nichole Goins
Heartland Real Estate, LLC
Buyer's Agent
Thomas Cornelison
Southern Charm Homes
List Price
$134,500
Sold Price
$125,995
Premium/Discount to List
-$8,505
-6.32%
Views
134
Current Estimated Value
$132,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,611
Avg. Annual Appreciation
2.87%
Original Mortgage
$127,267
Outstanding Balance
$125,187
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$7,419

Purchase Details

Closed on
May 22, 2008
Sold by
Sterl Lawson
Bought by
Bolton William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
5.75%

Purchase Details

Closed on
Oct 18, 2006
Sold by
Sterl Lawson
Bought by
Lawson Dewey

Purchase Details

Closed on
Oct 17, 2006
Sold by
Lawson Dewey
Bought by
Steryl Lawson

Purchase Details

Closed on
Jan 1, 1953
Bought by
Lawson Walter and Lawson Margretta
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
Sharp Charles Hubert $125,994 None Listed On Document
Bolton William $30,000 --
Lawson Dewey -- --
Steryl Lawson -- --
Lawson Dewey -- --
Lawson Walter -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharp Charles Hubert $127,267
Previous Owner Lawson Walter $34,000
Previous Owner Jay Upton $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2023 11/06/23 Sold $125,995 -6.3% $129 / Sq Ft
10/09/2023 10/09/23 Pending -- -- --
08/31/2023 08/31/23 For Sale $134,500 -- $137 / 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 $284 $12,125 $1,550 $10,575
2023 $284 $12,125 $1,550 $10,575
2022 $243 $12,125 $1,550 $10,575
2021 $226 $8,775 $1,450 $7,325
2020 $226 $8,775 $1,450 $7,325
2019 $226 $8,775 $1,450 $7,325
2018 $226 $8,775 $1,450 $7,325
2017 $226 $8,775 $1,450 $7,325
2016 $232 $9,000 $1,450 $7,550
2015 $223 $9,000 $1,450 $7,550
2014 $223 $9,006 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2023

    Nichole Goins

    Heartland Real Estate, LLC

    (865) 585-3647

    31 in this area

    60 Total Sales

    Nichole Goins
    Section Image

  • T

    Buyer's Agent in 2023

    Thomas Cornelison

    Southern Charm Homes

    Section Image
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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1238348

East Tennessee REALTORS® MLS

APN: 041-090.00

Tennessee Claiborne County Cumberland Gap 37724

112 Gap Creek Rd, Cumberland Gap, TN

This home is located at 112 Gap Creek Rd, Cumberland Gap, TN 37724 since 31 August 2023 and is currently estimated at $132,606, approximately $135 per square foot. This property was built in 1950. 112 Gap Creek Rd is a home located in Claiborne County with nearby schools including Tri-State Christian Academy, New Beginning Christian Academy, and J. Frank White Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

East Tennessee REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.

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