NOT LISTED FOR SALE

1156 Overlook Trail Spring City, TN 37381

Estimated Value: $100,000 - $234,216

3 Beds
1 Bath
912 Sq Ft
$199/Sq Ft Est. Value

Last Sold February 14, 2012

Last sale price $29,000 $32 Per Sq Ft

Est. 524% increase in value since last sale

Current estimated payment $1,025/month

77 Days on Market

Highlights

  • Wooded Lot
  • Eat-In Kitchen
  • Living Room
  • No HOA
  • Bathtub with Shower
  • 1-Story Property

About This Home

As of February 2012

A 3 bedroom 1 bath homes sitting on 13.41 acres. If you are looking for privacy with a view, this is it. This is perfect for full-time living or a weekend getaway. All offers are subject to Seller's approval. Every offer submitted to Seller shall have the seller's form of Addendum attached and signed by prospective buyer.

Last Agent to Sell the Property

Peggy Evans

Richard W. Smith and Associate Listed on: 11/15/2011

Last Buyer's Agent

Alicia Campbell

Richard W. Smith and Associate License #320728

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $398

Year Built

  • Built in 2003

Lot Details

  • Gentle Sloping Lot
  • Wooded Lot

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 912 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Utility Room
  • Basement
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Free-Standing Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Outdoor Features

  • Outbuilding

Schools

  • Bledsoe County Elementary School
  • Bledsoe County Middle School
  • Bledsoe County High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Sequatchie Valley Overlook Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 025

Home Details

Home Type

Single Family

Est. Annual Taxes

$398

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 13.41 ACRE
  • Subdivision Name: Sequatchie Valley Overlook
  • Directions: From Hwy 127 turn onto Hwy 30 East. Go to the top of the mountain and go Left onto Summer City Road. Turn Left onto Lowes Gap Road, turn Right on Overlook Trail. Home is on the Right, with Sign on the property.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 912.0
  • New Construction: No
  • Structure Type: Free Standing Building
  • Year Built: 2003
  • Cooling:Electric: Yes
  • Appliances Refrigerators: Yes
  • Location Tax and Legal Parcel Number2: 025
  • Location Tax and Legal Elementary School: Bledsoe County Elementary
  • Location Tax and Legal Middle Or Junior School2: Bledsoe County Middle
  • Location Tax and Legal High School: Bledsoe County High
  • Location Tax and Legal:Tax Annual Amount: 398.0
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Grazing Permits BLM YN3: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Dimensions: 13.41 ACRE
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Utilities:Electricity Available: Yes
  • Cooling:Central Air: Yes
  • Interior Features Tub Shower Combo: Yes
  • Roof:Shingle: Yes
  • Levels:One: Yes
  • Other Structures:Out Building: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Water Source:Well: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: Refrigerator, Free-Standing Electric Range
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Tub/shower Combo
  • Basement:Crawl Space: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Community Features:None4: Yes

Exterior Features

  • Lot Features: Gentle Sloping, Sloped, Wooded
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Other Structures: Outbuilding
  • Roof: Shingle
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Gentle Sloping: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Sloped: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Well
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Bledsoe County Elementary
  • High School: Bledsoe County High
  • Middle Or Junior School: Bledsoe County Middle

Lot Info

  • Additional Parcels: No
  • Parcel #: 025

Tax Info

  • Tax Annual Amount: 398.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2013
Sold by
Dunnaway Aileen
Bought by
Elser Lewis W and Elser Cathy C
Current Estimated Value
$181,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,822
Outstanding Balance
$46,031
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$167,447

Purchase Details

Listed on
Nov 15, 2011
Closed on
Feb 2, 2012
Sold by
Citifinancial Inc
Bought by
Dunnaway Aileen
Seller's Agent
Peggy Evans
Richard W. Smith and Associate
Buyer's Agent
Alicia Campbell
Richard W. Smith and Associate
List Price
$59,900
Sold Price
$29,000
Premium/Discount to List
-$30,900
-51.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.89%

Purchase Details

Closed on
Jul 21, 2011
Sold by
Carmichael Terry L
Bought by
Citifinancial Inc

Purchase Details

Closed on
Oct 12, 2002
Sold by
Hucks Lacy K
Bought by
Carmichael Terry L

Purchase Details

Closed on
Sep 10, 2002
Bought by
Carmichael Terry L and Carmichael Judy A Carmichael
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
Elser Lewis W $65,000 --
Dunnaway Aileen $29,000 --
Citifinancial Inc $42,593 --
Carmichael Terry L $26,752 --
Carmichael Terry L $26,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elser Lewis W $63,822
Previous Owner Carmichael Terry L $15,884
Previous Owner Carmichael Terry L $106,727
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2012 02/14/12 Sold $29,000 -51.6% $32 / Sq Ft
01/30/2012 01/30/12 Pending -- -- --
11/14/2011 11/14/11 For Sale $59,900 -- $66 / Sq Ft
Source: Greater Chattanooga 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 $467 $22,625 $5,100 $17,525
2023 $467 $22,625 $5,100 $17,525
2022 $424 $22,625 $5,100 $17,525
2021 $506 $21,200 $4,875 $16,325
2020 $506 $21,200 $4,875 $16,325
2019 $506 $21,200 $4,875 $16,325
2018 $468 $21,200 $4,875 $16,325
2017 $436 $19,775 $4,875 $14,900
2016 $471 $20,775 $6,975 $13,800
2015 $460 $20,775 $6,975 $13,800
2014 $460 $20,775 $6,975 $13,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1170745

Greater Chattanooga REALTORS®

APN: 025-152.00