NOT LISTED FOR SALE

Estimated Value: $242,000 - $306,000

3 Beds
1 Bath
1,352 Sq Ft
$195/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $169,900 $126 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,456/month

28 Days on Market

Highlights

  • 1.62 Acre Lot
  • Deck
  • Wooded Lot
  • Mountain View
  • Private Lot
  • Traditional Architecture

About This Home

As of October 2021

Marvelous and majestic mountain views. Like a scene out of a The Sound of Music, hills so beautiful you'll want to dance. Enjoy 1.6 acres of unrestricted land. Home features open and split floor plan, updated yet rustic feel, with fiber optic internet and cable. New HVAC, updated electric (2018), roof, windows, HVAC less than 9 years old. Country living at its finest! Half a mile from Norris Lake.

Last Agent to Sell the Property

Dustin Teske

Wallace Listed on: 08/25/2021

Last Buyer's Agent

Kim Watts-Sanford

Weichert REALTORS Advantage Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $721

Year Built

  • Built in 1968

Lot Details

  • 1.62 Acre Lot
  • Private Lot
  • Wooded Lot

Parking

  • Off-Street Parking

Property Views

  • Mountain Views
  • Countryside Views

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,352 Sq Ft Home
  • Ventless Fireplace
  • ENERGY STAR Qualified Windows
  • Insulated Windows
  • Aluminum Window Frames
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 027 031.00 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$721

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Directions: Hwy 33 to Sharps Chapel Rd. Go approx 3.5 miles to Right on Lay Hollow Rd. Go 1/4 mile to Left on Grizzell Ridge Rd. Home on Right. Sign on property
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1968
  • Lot Size Acres: 1.62
  • Lot Size: 254x345xiRR
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Smoke Detector, Refrigerator, Microwave, Washer
  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Ventless
  • Fireplaces: 1
  • Flooring: Laminate, Carpet, Vinyl

Exterior Features

  • Exterior Features: Windows - Aluminum, Window - Energy Star, Windows - Insulated, Deck
  • View: Mountain View, Country Setting
  • Lot Features: Private, Wooded
  • Construction Type: Vinyl Siding
  • Other Structures: Storage

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off-Street Parking

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 70567.0
  • Parcel #: 027 031.00 000
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2021
Closed on
Oct 29, 2021
Sold by
Horton Jake B
Bought by
Thayer James Lee and Thayer Ronda D
Seller's Agent
Dustin Teske
Wallace
Buyer's Agent
Kim Watts-Sanford
Weichert REALTORS Advantage Plus
Sold Price
$169,900
Current Estimated Value
$263,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,474
Avg. Annual Appreciation
11.83%
Original Mortgage
$176,016
Outstanding Balance
$161,333
Interest Rate
3.01%
Mortgage Type
VA
Estimated Equity
$102,041

Purchase Details

Listed on
Jul 23, 2018
Closed on
Sep 14, 2018
Sold by
Lay Kenneth and Lay Amber
Bought by
Horton Jake B
Seller's Agent
Jo Anne Owens
Realty Executives Associates
Buyer's Agent
Dustin Teske
RECIPROCAL OFFICE
Sold Price
$98,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.87%
Original Mortgage
$98,900
Interest Rate
4.6%
Mortgage Type
VA

Purchase Details

Listed on
Jul 23, 2018
Closed on
Sep 12, 2018
Sold by
Lay Mary B and Lay Chester D
Bought by
Lay Kenneth
Seller's Agent
Jo Anne Owens
Realty Executives Associates
Buyer's Agent
Dustin Teske
RECIPROCAL OFFICE
Sold Price
$98,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,900
Interest Rate
4.6%
Mortgage Type
VA

Purchase Details

Closed on
Mar 12, 2003
Bought by
Lay Kenneth

Purchase Details

Closed on
Sep 29, 1983
Bought by
Lay Chester D

Purchase Details

Closed on
Jan 3, 1900
Source: Public Records

Range of Values:

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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
Thayer James Lee $169,900 Aspen Title And Escrow Llc
Thayer James Lee $169,900 Aspen Title And Escrow Llc
Horton Jake B $98,900 Superior Title & Escrow Llc
Horton Jake B $98,900 Superior Title & Escrow Llc
Lay Kenneth -- None Available
Lay Kenneth -- None Available
Lay Kenneth $46,200 --
Lay Kenneth $46,200 --
Lay Chester D -- --
Lay Chester D -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thayer James Lee $176,016
Previous Owner Horton Jake B $98,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2021 10/29/21 Sold $169,900 +71.8% $126 / Sq Ft
09/14/2018 09/14/18 Sold $98,900 -- $73 / Sq Ft View Prior Sale
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 $721 $37,975 $4,075 $33,900
2023 $721 $37,975 $4,075 $33,900
2022 $604 $37,975 $4,075 $33,900
2021 $453 $21,150 $2,775 $18,375
2020 $457 $21,375 $2,775 $18,600
2019 $457 $21,375 $2,775 $18,600
2018 $400 $18,275 $2,775 $15,500
2017 $400 $18,675 $3,175 $15,500
2016 $417 $19,200 $5,100 $14,100
2015 $405 $18,650 $5,125 $13,525
2014 $334 $18,642 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1165330

East Tennessee REALTORS® MLS

APN: 027-031.00