NOT LISTED FOR SALE

121 Frank Shupe Ln Butler, TN 37640

Estimated Value: $268,000 - $366,514

4 Beds
2 Baths
2,200 Sq Ft
$150/Sq Ft Est. Value

Last Sold January 29, 2014

Last sale price $48,500 $22 Per Sq Ft

Est. 581% increase in value since last sale

Current estimated payment $1,833/month

76 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 2 Car Attached Garage
  • Mountainous Lot
  • Rear Porch
  • Cooling Available

About This Home

As of January 2014

Split foyer in private setting. Five minutes from Watauga Lake. Almost 1 acres. This is a Fannie Mae Homepath Property. This property is approved for Homepath Renovation Mortgage financing. All offers must be submitted on homepath.com. All info per tax records. Buyer/Buyer's Agent to verify all information.

Last Agent to Sell the Property

DAVID LOCKMILLER

Coldwell Banker Security Real Estate Listed on: 10/10/2013

Coldwell Banker Security Real Estate

Last Buyer's Agent

JANICE BARKER

Coldwell Banker Security Real Estate License #302517

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,036

Year Built

  • Built in 1997

Lot Details

  • 0.91 Acre Lot
  • Sloped Lot
  • Mountainous Lot
  • Property is in average condition

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Split Foyer
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Insulated Windows
  • Laminate Countertops
  • Finished Basement

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Rear Porch

Schools

  • Doe Elementary School
  • Johnson Co Middle School
  • Johnson Co High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Private Water Source
  • Septic Tank

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 066 027.02

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,036

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Directions: 19E towards Roan Mtn / Hampton, (L) on 321, go by Watauga Lake, (L) on Dugger Hollow, (R) on Pine Orchard, (L) on Frankshupe (sign is hard to see, little white house w/ maroon roof). Home on (L) - see sign.
  • Prop. Type: Residential
  • Year Built: 1997
  • Garage Garage Spaces: 2
  • Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: In Foreclosure
  • Architectural Style: Split Foyer
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: Yes
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.91
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Doe
  • General Property Description Middle School2: Johnson Co
  • General Property Description High School3: Johnson Co
  • General Property Description Lot Dimensions: 0
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 2200.0
  • General Property Description Above Grade SqFt: 1100.0
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 066 027.02
  • AC Heat Pump3: Yes
  • General Property Description Stories2: 1
  • Roof Composition: Yes
  • TopographyLot Description Sloped: Yes
  • Flooring Carpet: Yes
  • Style Split Foyer: Yes
  • Flooring Vinyl: Yes
  • Property Condition Average: Yes
  • TopographyLot Description Mountainous: Yes
  • Water Private: Yes
  • Structure Type:House: Yes
  • Special Features: 1028

Interior Features

  • Has Basement: Finished
  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Laminate Counters
  • Window Features: Insulated Windows
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1100.0
  • Total Bedrooms: 8
  • General Property Description Baths - Full: 2
  • Interior Features:Laminate Counters: Yes
  • Basement:Basement Finished2: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Composition
  • Acres: 0.91
  • Topography: Mountainous, Sloped
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Back, Deck
  • Exterior Finish Vinyl Siding: Yes
  • Window Features:Insulated Windows: Yes
  • PorchPatioDeck Back: Yes
  • PorchPatioDeck Deck: Yes

Garage/Parking

  • Parking Features: Attached, Gravel
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features:Gravel: Yes
  • Parking Features:Attached: Yes

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Tank
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Private
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Schools

  • Elementary School: Doe
  • High School: Johnson Co
  • Middle Or Junior School: Johnson Co

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 0
  • Lot Size Sq Ft: 39639.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 066 027.02
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2013
Closed on
Jan 24, 2014
Sold by
Federal National Mortgage Association
Bought by
Morris Timothy and Morris Sheila
Seller's Agent
DAVID LOCKMILLER
Coldwell Banker Security Real Estate
Buyer's Agent
JANICE BARKER
Coldwell Banker Security Real Estate
List Price
$76,500
Sold Price
$48,500
Premium/Discount to List
-$28,000
-36.6%
Current Estimated Value
$330,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,879
Avg. Annual Appreciation
17.77%
Original Mortgage
$48,500
Interest Rate
4.48%
Mortgage Type
Cash

Purchase Details

Closed on
Jul 10, 2013
Sold by
Wilson Tammy R
Bought by
Federal National Mtg Associati

Purchase Details

Closed on
May 9, 2002
Bought by
Wilson Tammy R

Purchase Details

Closed on
Jul 9, 2001
Bought by
Federal National Mortgage

Purchase Details

Closed on
Sep 5, 1995
Bought by
Stanley Robert L and Stanley Lisa A
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
Morris Timothy $48,500 --
Federal National Mtg Associati $67,585 --
Wilson Tammy R $66,000 --
Federal National Mortgage $58,000 --
Stanley Robert L $6,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Morris Timothy $48,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2014 01/29/14 Sold $48,500 -36.6% $22 / Sq Ft
12/26/2013 12/26/13 Pending -- -- --
10/10/2013 10/10/13 For Sale $76,500 -- $35 / Sq Ft
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
2024 $1,036 $46,900 $2,425 $44,475
2023 $1,036 $46,900 $2,425 $44,475
2022 $849 $46,900 $2,425 $44,475
2021 $849 $46,900 $2,425 $44,475
2020 $890 $46,900 $2,425 $44,475
2019 $890 $43,400 $2,425 $40,975
2018 $890 $43,400 $2,425 $40,975
2017 $890 $43,400 $2,425 $40,975
2016 $790 $38,525 $2,425 $36,100
2015 $697 $38,525 $2,425 $36,100
2014 $687 $37,975 $2,400 $35,575
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 340017

Tennessee/Virginia Regional MLS

APN: 066-027.02