NOT LISTED FOR SALE

117 Basin Rd Erwin, TN 37650

Estimated Value: $151,286 - $196,000

25.22 Acres
$6,885 Price per Acre
1,098,583 Sq Ft Lot

Last Sold April 28, 2023

Last sale price $140,000

Est. 24% increase in value since last sale

Current estimated payment $922/month

88 Days on Market

Highlights

  • 25.22 Acre Lot
  • Farm
  • Pasture
  • Mountain View
  • Wooded Lot
  • Greenbelt

About This Lot

As of April 2023

Power was just was added to this 25+ Acres. Also there is 2014 5th wheel camper on the property if buy would be interested in purchasing with land. Great for farming, hunting or building your dream home with space to spread out. 20x24 outbuilding recently built. 'Some information in this listing may have been obtained from a 3rd party and/or tax records and must be verified before assuming accurate. Buyer(s) must verify all information.'

Last Agent to Sell the Property

Cody Tipton

Century 21 Heritage License #353826 Listed on: 03/20/2023

Last Buyer's Agent

KATELYN VACHON

Century 21 Legacy

Property Details

Property Type

  • Land

Lot Details

  • 25.22 Acre Lot
  • Steep Slope
  • Wooded Lot
  • Property is zoned agricultural

Property Views

  • Mountain Views

Schools

  • Unicoi Elementary School
  • Unicoi Co Middle School
  • Unicoi Co High School

Farming

  • Farm
  • Pasture

Utilities

  • Water Not Available
  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number 060 063.01

Community Details

Overview

  • Greenbelt

Recreation

  • Outbuilding

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Directions: From I-26 east, take exit 46 toward Clear Bridge Road, turn right onto Access Road, turn left on Clear Branch Road, Turn left onto Tilson Mountain Road, right on Coffee Ridge Road, right on Basin Rd., see sign.
  • Prop. Type: Land
  • Subdivision Name: Not Listed
  • Location Tax Legal Info Parcel ID: 060 063.01
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 25.22
  • General Property Description Zoning2: agricultural
  • General Property Description Elementary School3: Unicoi
  • General Property Description Middle School2: Unicoi Co
  • General Property Description High School3: Unicoi Co
  • Other Structures Outbuilding: Yes
  • View Mountain(s): Yes
  • Lot Features Pasture4: Yes
  • Sewer None16: Yes
  • Water None17: Yes
  • Land Type Farm: Yes
  • Lot Features Steep Slope2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Greenbelt, Pasture, Steep Slope, Wooded
  • Other Structures: Outbuilding
  • View: Mountain(s)
  • Acres: 25.22
  • Lot Features:Wooded2: Yes
  • Lot Features:Greenbelt: Yes

Utilities

  • Sewer: None
  • Water Source: None

Schools

  • Elementary School: Unicoi
  • High School: Unicoi Co
  • Middle Or Junior School: Unicoi Co

Lot Info

  • Zoning: agricultural
  • Lot Dimensions: 25.22
  • Lot Size Sq Ft: 1098583.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 060 063.01
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2023
Closed on
Apr 18, 2023
Sold by
Stone Daniel
Bought by
Mitchell Joe Jesse
Seller's Agent
Cody Tipton
Century 21 Heritage
Buyer's Agent
KATELYN VACHON
Century 21 Legacy
List Price
$200,000
Sold Price
$140,000
Premium/Discount to List
-$60,000
-30%
Current Estimated Value
$173,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,643
Avg. Annual Appreciation
8.47%

Purchase Details

Closed on
Jul 26, 2021
Sold by
Willis Howard and Willis Mary
Bought by
Stone Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
2.96%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 15, 2018
Sold by
Reach Eric D
Bought by
Wills Howard and Wills Mary

Purchase Details

Closed on
Dec 1, 2005
Sold by
Howard Willis
Bought by
Dennis Wall

Purchase Details

Closed on
Jul 3, 2001
Sold by
Howard Willis
Bought by
Gregory Burgess

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,750
Interest Rate
7.23%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mitchell Joe Jesse $139,557 East Tennessee Title & Escrow
Stone Daniel $190,000 Classic Title Ins Co Inc
Wills Howard $223,523 Debbie Title
Dennis Wall $35,000 --
Gregory Burgess $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stone Daniel $170,000
Previous Owner Gregory Burgess $128,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2023 04/28/23 Sold $140,000 -30.0% --
03/26/2023 03/26/23 Pending -- -- --
12/27/2022 12/27/22 For Sale $200,000 -- --
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
2025 -- $5,525 $4,850 $675
2024 $144 $5,525 $4,850 $675
2023 $144 $5,525 $0 $0
2022 $149 $6,350 $5,675 $675
2021 $163 $5,725 $4,550 $1,175
2020 $175 $5,725 $4,550 $1,175
2019 $175 $5,725 $4,550 $1,175
2018 $175 $6,525 $5,350 $1,175
2017 $175 $6,525 $5,350 $1,175
2016 $145 $5,400 $4,225 $1,175
2015 -- $5,400 $0 $0
2014 -- $5,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Cody Tipton

    Century 21 Heritage

  • K

    Buyer's Agent in 2023

    KATELYN VACHON

    Century 21 Legacy

See All Agents

Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9946762

Tennessee/Virginia Regional MLS

APN: 060-06301-000

Tennessee Unicoi County Erwin 37650

117 Basin Rd, Erwin, TN

Not Listed for Sale

Lots

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