NOT LISTED FOR SALE

113 Sink Hole Rd Tellico Plains, TN 37385

Estimated Value: $536,000 - $632,079

2 Beds
1 Bath
1,716 Sq Ft
$340/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $640,000 $373 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $3,227/month

184 Days on Market

Highlights

  • Barn
  • 47.28 Acre Lot
  • Wood Flooring
  • Horses Allowed On Property
  • Ranch Style House
  • No HOA

About This Home

As of July 2024

Quiet country setting with cleared acreage of gently rolling pasture, perfect for farming, livestock/horses, or several building sites, with ponds and gorgeous mountain view. This property features a modest ranch home built in 1984, and it can be renovated and brought to modern standards. There used to be a mobile home off Sink Hole on this property; buyer will need to verify, but there's the possibility of another build site ready for you. This property has an equipment shed, barn, a detached 2 stall garage and carport. Located off Hwy 68, and just minutes from downtown Tellico Plains, Tellico River (known for world class trout fishing), and Cherokee National Forest. If you are a horse person, there's great trail riding on Star Mountain, Miller Ridge, and other nearby trails. Additional activities in the area include hiking, white water rafting, or kayaking on the Hiawassee and Ocoee, boating and waterfalls, including Bald River Falls. The Charles Hall Museum is in town, swimming in the river, ice cream and bald eagle watching at the Tellico Beach area off the Cherohala Skyway. So many possibilities are available with this property, including subdividing, developing, or farming. Greenbelt tax incentives available.

Last Agent to Sell the Property

Corrina Ashe

Tellico Mountain Realty, LLC License #282253 Listed on: 05/03/2024

Last Buyer's Agent

A NON-MEMBER

--NON-MEMBER OFFICE-- License #308195

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $810

Year Built

  • Built in 1984

Lot Details

  • 47.28 Acre Lot
  • Property fronts a state road
  • Level Lot

Parking

  • 2 Car Garage
  • 1 Carport Space
  • Unpaved Parking
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Permanent Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,716 Sq Ft Home
  • Ceiling Fan
  • Wood Flooring
  • Crawl Space
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Tellico Plains Elementary School
  • Tellico Plains Jr High Middle School
  • Tellico Plains High School

Farming

  • Barn
  • Pasture

Utilities

  • Window Unit Cooling System
  • No Heating
  • Septic Tank

Additional Features

  • Covered Patio or Porch
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 125 03300 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$810

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 47.28
  • Road Frontage Type: State Road
  • Road Surface Type: Paved
  • Directions: rom Cherohala Skyway and Hwy 68 headed north , travel 2.2 miles, turn right onto Sink Hole Rd. Property on left. SOP.
  • Above Grade Finished Sq Ft: 1716.0
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1984
  • General Property Information:Living Area2: 1716.0
  • Appliances Refrigerators: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Crawl Space
  • Appliances: Refrigerator
  • Interior Amenities: Ceiling Fan(s)
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 1716.0
  • ResoLivingAreaSource: PublicRecords
  • Interior Features:Ceiling Fan(s)2: Yes
  • Community Features:None3: Yes
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Metal
  • Fencing: Other
  • Exterior Features: None, Storage
  • Lot Features: Pond on Lot, Level
  • Pool Features: None
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood Siding
  • Foundation Details: Permanent
  • Other Structures: Barn(s), Garage(s)
  • Patio And Porch Features: Covered, Porch
  • Property Condition: Functional
  • Lot Features:Level: Yes
  • Patio And Porch Features:Porch: Yes
  • Lot Features:Rolling Slope: Yes
  • Lot Features:Pond On Lot: Yes
  • Exterior Features:None5: Yes
  • Patio And Porch Features:Covered: Yes
  • Exterior Features:Storage: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.0
  • Garage Spaces: 2.0
  • Parking Features: Unpaved, Off Street
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: No
  • Parking Features:Off Street: Yes
  • Parking Features:Unpaved: Yes
  • Other Structures:Garage(s): Yes

Utilities

  • Heating: None
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Sewer: Septic Tank
  • Laundry Features: Laundry Room
  • Cooling Y N: Yes
  • Heating Yn: No
  • Utilities: Water Connected, Electricity Connected
  • Water Source: Public
  • Heating:None8: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • Horse Amenities:Pasture: Yes
  • Horse Amenities:Barn: Yes

Schools

  • Elementary School: Tellico Plains
  • High School: Tellico Plains
  • Middle Or Junior School: Tellico Plains Jr High

Lot Info

  • Horse Amenities: Barn, Pasture
  • Lot Size Sq Ft: 2059509.0
  • Parcel #: 125 03300 000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 809.62
  • Tax Book Number: 281

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2024
Closed on
Jul 19, 2024
Sold by
Russell Tony Eugene and Russell Patricia K
Bought by
Roberts Edward and Roberts Melissa
Seller's Agent
Corrina Ashe
Tellico Mountain Realty, LLC
Buyer's Agent
A NON-MEMBER
--NON-MEMBER OFFICE--
List Price
$829,900
Sold Price
$640,000
Premium/Discount to List
-$189,900
-22.88%
Views
152
Current Estimated Value
$583,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$56,980
Avg. Annual Appreciation
-8.13%
Original Mortgage
$500,000
Outstanding Balance
$494,283
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$88,737

Purchase Details

Closed on
Feb 23, 2012
Sold by
Russell Tony Eugene
Bought by
Saunders Mary Jane

Purchase Details

Closed on
Dec 10, 2002
Sold by
Eugene Russell Tony
Bought by
Howard Russell Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.01%
Source: Public Records

Range of Values:

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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
Roberts Edward $640,000 None Listed On Document
Saunders Mary Jane $75,000 --
Howard Russell Joe -- --
Eugene Russell Tony -- --
Eugene Russell Tony -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roberts Edward $500,000
Previous Owner Russell Tony Eugene $117,500
Previous Owner Eugene Russell Tony $70,000
Previous Owner Russell Tony E $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2024 07/19/24 Sold $640,000 -22.9% $373 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
05/03/2024 05/03/24 For Sale $829,900 0.0% $484 / Sq Ft
05/03/2024 05/03/24 Pending -- -- --
03/22/2024 03/22/24 Price Changed $829,900 -2.4% $484 / Sq Ft
11/03/2023 11/03/23 For Sale $850,000 -- $495 / Sq Ft
Source: River Counties Association of REALTORS®

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 $684 $44,925 $13,050 $31,875
2023 $684 $44,925 $13,050 $31,875
2022 $810 $36,150 $12,500 $23,650
2021 $833 $37,200 $13,550 $23,650
2020 $997 $44,525 $13,550 $30,975
2019 $782 $39,500 $11,950 $27,550
2018 $782 $39,500 $11,950 $27,550
2017 $747 $35,650 $10,975 $24,675
2016 $747 $35,650 $10,975 $24,675
2015 $747 $35,650 $10,975 $24,675
2014 $742 $35,409 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Corrina Ashe

    Tellico Mountain Realty, LLC

    Section Image

  • A

    Buyer's Agent in 2024

    A NON-MEMBER

    --NON-MEMBER OFFICE--

See All Agents

Map

Source: River Counties Association of REALTORS®

MLS Number: 20237954

River Counties Association of REALTORS®

APN: 125-033.00

Tennessee Monroe County Tellico Plains 37385

113 Sink Hole Rd, Tellico Plains, TN

This home is located at 113 Sink Hole Rd, Tellico Plains, TN 37385 since 03 May 2024 and is currently estimated at $583,020, approximately $339 per square foot. This property was built in 1984. 113 Sink Hole Rd is a home located in Monroe County with nearby schools including Tellico Plains Elementary School, Tellico Plains Junior High School, and Tellico Plains High School.

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