Seller's Agent in 2023
Waylon Meyers
RE/MAX
(865) 278-6993
5 in this area
78 Total Sales
120 Bug Hole Rd Cumberland Gap, TN 37724
Estimated Value: $171,084 - $235,000
3
Beds
2
Baths
1,700
Sq Ft
$118/Sq Ft
Est. Value
Highlights
- 1.36 Acre Lot
- Traditional Architecture
- No HOA
- Deck
- Solid Surface Countertops
- Enclosed Parking
About This Home
As of March 2023A Beautiful Country Charm! 3 bedrooms, 2 bath with 1100 square feet. The potential for this house is off the charts. Features include spacious living room, 2 car garage, laundry room, and a patio that can be transformed for any purpose. House is located conveniently for any situation. Only 2 minutes from LMU campus, 1 minute from Harrogate Park, 7 minutes from Middlesboro, and 10 minutes from Tazewell/New Tazewell. This is a hidden gem located ideally in the heart of Cumberland Gap! Property includes three parcels 041 019.12, 019.13, and 019.14. Please include all three parcels in any offer. Buyer agent to verify all information. MOTIVATED SELLER!
Last Agent to Sell the Property
Re/Max Real Estate Ten Midtown License #367995 Listed on: 08/18/2022
Last Buyer's Agent
Re/Max Real Estate Ten Midtown License #367995 Listed on: 08/18/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $498
Year Built
- Built in 1978
Lot Details
- 1.36 Acre Lot
- Fenced
- Level Lot
Parking
- 2 Car Garage
- Enclosed Parking
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Block Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1-Story Property
- Ceiling Fan
- Metal Fireplace
- Double Pane Windows
- Drapes & Rods
- Living Room
- Fire and Smoke Detector
Kitchen
- Dishwasher
- Solid Surface Countertops
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry on main level
- Washer and Electric Dryer Hookup
Basement
- Block Basement Construction
- Crawl Space
Outdoor Features
- Deck
- Patio
- Porch
Schools
- Ellen Myers Elementary School
- Hy Livesay Middle School
- Cumberland Gap High School
Utilities
- Central Air
- Heat Pump System
- Natural Gas Not Available
- Electric Water Heater
- Septic Tank
- Fiber Optics Available
- Internet Available
- Satellite Dish
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 0.19.12,
Community Details
Overview
- No Home Owners Association
Amenities
- Picnic Area
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 18, 2022
Closed on
Mar 17, 2023
Sold by
Howard Rita
Bought by
Hurst Thomas J and Hurst Jane A
Seller's Agent
Waylon Meyers
Re/Max Real Estate Ten Midtown
Buyer's Agent
Waylon Meyers
Re/Max Real Estate Ten Midtown
List Price
$225,000
Sold Price
$145,000
Premium/Discount to List
-$80,000
-35.56%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,021
Avg. Annual Appreciation
13.06%
Original Mortgage
$140,160
Outstanding Balance
$135,752
Interest Rate
6.12%
Mortgage Type
FHA
Estimated Equity
$64,269
Purchase Details
Closed on
Sep 10, 1980
Bought by
Bailey Ollice R and Bailey Lorenia
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hurst Thomas J | $145,000 | Crossland Title | |
| Bailey Ollice R | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hurst Thomas J | $140,160 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/17/2023 03/17/23 | Sold | $145,000 | -35.6% | $85 / Sq Ft |
| 03/01/2023 03/01/23 | Pending | -- | -- | -- |
| 08/18/2022 08/18/22 | For Sale | $225,000 | -- | $132 / Sq Ft |
Source: Lakeway Area Association of REALTORS®
Tax History Compared to Growth
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 | $504 | $21,550 | $1,700 | $19,850 |
| 2023 | $504 | $21,550 | $1,700 | $19,850 |
| 2022 | $431 | $21,550 | $1,700 | $19,850 |
| 2021 | $360 | $13,975 | $1,650 | $12,325 |
| 2020 | $360 | $13,975 | $1,650 | $12,325 |
| 2019 | $360 | $13,975 | $1,650 | $12,325 |
| 2018 | $360 | $13,975 | $1,650 | $12,325 |
| 2017 | $360 | $13,975 | $1,650 | $12,325 |
| 2016 | $383 | $14,850 | $1,650 | $13,200 |
| 2015 | $368 | $14,850 | $1,650 | $13,200 |
| 2014 | $368 | $14,868 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Waylon Meyers
Map
Source: Lakeway Area Association of REALTORS®
MLS Number: 609448
APN: 041-019.12
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