NOT LISTED FOR SALE

118 Wood Ln Washburn, TN 37888

Estimated Value: $83,000 - $172,000

2 Beds
1 Bath
852 Sq Ft
$149/Sq Ft Est. Value

Last Sold June 12, 2020

Last sale price $54,500 $64 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $717/month

90 Days on Market

Highlights

  • No HOA
  • Cottage
  • Garage

About This Home

As of June 2020

Here is a great opportunity to buy a 2 BD 1 Bath home in the country. Situated on .46 acre of land with a huge level front yard. Perfect for a vegetable garden and still plenty of room for the kids to play. Looking out from the front porch you see Joppa Mountain with a very peaceful setting. Great fixer upper with so much potential.

Last Agent to Sell the Property

Tracy King

Your Home Sold Guaranteed Real License #302880 Listed on: 02/18/2020

Your Home Sold Guaranteed Real

Last Buyer's Agent

NON-MLS NON-MEMBER

NON MEMBER FIRM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $281

Year Built

  • Built in 1960

Lot Details

  • 0.46

Parking

  • Garage

Home Design

  • 852 Sq Ft Home
  • Cottage

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Well
  • Septic Tank

Additional Features

  • Outbuilding
  • 0.46 Acre Lot

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$281

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1960
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • Co List Office Mls Id: 612
  • Subdivision Name: Other
  • Above Grade Finished Sq Ft: 852.0
  • Architectural Style: Cottage
  • Garage Yn: Yes
  • Reso Other Structures: Outbuilding
  • Location Tax and Legal Tax Lot2: -
  • Location Tax and Legal:Tax Annual Amount: 281.4
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 0.46
  • General Property Information Above Grade Finished Area: 852.0
  • General Property Information Bonus Room YN2: No
  • General Property Information Accessory Dwelling Unit YN2: No
  • General Property Information Home Warranty YN: No
  • General Property Information Construction Type2: Site Built
  • Water Source:Well: Yes
  • Other Structures:Outbuilding: Yes
  • Architectural Style Cottage: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Street Number Modifier: 118
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Acres: 0.46
  • Home Warranty: No

Garage/Parking

  • Attached Garage: No
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 20037.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 281.4
  • Tax Lot: -

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2020
Closed on
Jun 12, 2020
Sold by
Perry Fred A and Perry Lillie M
Bought by
Graves Fleshia and Graves Anthony
Seller's Agent
Tracy King
Your Home Sold Guaranteed Real
Buyer's Agent
NON-MLS NON-MEMBER
NON MEMBER FIRM
List Price
$60,000
Sold Price
$57,500
Premium/Discount to List
-$2,500
-4.17%
Current Estimated Value
$126,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,414
Avg. Annual Appreciation
23.21%
Original Mortgage
$57,500
Outstanding Balance
$51,640
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$119,657

Purchase Details

Closed on
Jul 31, 2014
Sold by
Harris Jonathan W
Bought by
Perry Fred A and Perry Lillie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,130
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 7, 2012
Sold by
Perry Fred Allen
Bought by
Harris Jonathan W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,387
Interest Rate
3.43%
Mortgage Type
Cash

Purchase Details

Closed on
Feb 16, 1990
Bought by
Perry John and Perry Phyllis
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
Graves Fleshia $57,500 None Available
Perry Fred A $48,000 --
Harris Jonathan W $43,500 --
Perry John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graves Fleshia $57,500
Previous Owner Perry Fred A $47,130
Previous Owner Harris Jonathan W $44,387
Previous Owner Perry Fred Allen $61,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2024 05/20/24 Off Market $54,500 -- --
09/10/2020 09/10/20 Off Market $57,500 -- --
06/12/2020 06/12/20 Sold $54,500 -5.2% $64 / Sq Ft
06/12/2020 06/12/20 Sold $57,500 -4.2% $67 / Sq Ft
02/18/2020 02/18/20 For Sale $60,000 -- $70 / Sq Ft
Source: Great Smoky Mountains 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 $327 $13,925 $1,950 $11,975
2023 $327 $13,925 $1,950 $11,975
2022 $320 $13,925 $1,950 $11,975
2021 $320 $13,925 $1,950 $11,975
2020 $281 $13,925 $1,950 $11,975
2019 $281 $10,050 $1,725 $8,325
2018 $243 $10,050 $1,725 $8,325
2017 $243 $10,050 $1,725 $8,325
2016 $243 $10,050 $1,725 $8,325
2015 $277 $10,050 $1,725 $8,325
2014 $277 $11,087 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 226969

Great Smoky Mountains Association of REALTORS®

APN: 065-022.00