NOT LISTED FOR SALE

1223 Tunnel Hill Rd SW Cleveland, TN 37311

Estimated Value: $235,000 - $581,000

4 Beds
2.5 Baths
3,800 Sq Ft
$96/Sq Ft Est. Value

Last Sold October 05, 2023

Last sale price $535,000 $141 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $2,037/month

92 Days on Market

Highlights

  • Guest House
  • Stables
  • Above Ground Pool
  • Barn
  • Boarding Facilities
  • Cathedral Ceiling

About This Home

As of October 2023

Your dream property just became available! 12 acres, 13 stall coverall barn, large stocked pond, 2800 square foot house with 4 bedrooms, 2.5 baths, large family room, spacious mud room, eat in Kitchen looking over the farm, formal dining room, and loads of charm and character including beautiful wood moldings throughout. You will also find the cutest barn style studio apartment right across the driveway that has potential for 3 bedrooms. This property is currently an equestrian center with 3 separately fenced paddocks, gorgeous stalls in the barn complete with stall flooring making mucking a breeze. The barn is equipped with several feed rooms/storage areas, electricity, and water. The coverall barn is designed to let natural light in the entire roof making it bright and airy without overhead lighting. This property is surrounded by beauty and the sky is the limit on uses....perhaps a wedding venue, crop farming, the list goes on. The main house had a remodel in the 90's and the apartment just needs some minor finishings and TLC to bring it back to it's glory. The house has an old pool that has not been in service for years and would need complete renovation or taken out. Do not miss out on this one of a kind of property! Make your appointment and come start dreaming of how you would make it yours!

Last Agent to Sell the Property

Chasity Witt

RE/MAX Experience License #363598 Listed on: 08/20/2023

RE/MAX Experience

Last Buyer's Agent

A NON-MEMBER

--NON-MEMBER OFFICE-- License #308195

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,161

Year Built

  • Built in 1961

Lot Details

  • 12 Acre Lot
  • Property fronts a county road
  • Cleared Lot
  • Private Yard

Parking

  • Driveway

Home Design

  • Fixer Upper
  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation
  • Pitched Roof
  • Shingle Roof
  • HardiePlank Type

Interior Spaces

  • 3,800 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Cathedral Ceiling
  • Fireplace
  • Aluminum Window Frames
  • Workshop
  • Storage
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Above Ground Pool
  • Boarding Facilities
  • Enclosed Patio or Porch
  • Shed

Additional Homes

  • Guest House

Schools

  • Black Fox Elementary School
  • Lake Forest Middle School
  • Bradley County High School

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Corral
  • Paddocks
  • Tack Room
  • Trailer Storage
  • Hay Storage
  • Round Pen
  • Stables
  • Arena
  • Riding Trail

Utilities

  • Central Heating and Cooling System
  • Propane
  • Natural Gas Not Available
  • Water Connected
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank
  • Sewer Not Available
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 079 008.04 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,161

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 12.0
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt
  • Directions: from Lee Highway turn on Varnell road for approximately 2.5 miles then left on Black Fox road for .2 miles, then right on Tunnel Hill road for approximately 3 miles to property on Left. SOP
  • Above Grade Finished Sq Ft: 3800.0
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Building Stories: 1
  • Structure Type: House
  • Year Built: 1961
  • General Property Information:Living Area2: 3800.0
  • Appliances Refrigerators: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Electric Oven, Electric Water Heater, Gas Cooktop, Refrigerator
  • Interior Amenities: Split Bedrooms, Storage, Natural Woodwork, Kitchen Island, High Ceilings, Eat-in Kitchen, Cathedral Ceiling(s), Crown Molding
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Living Area: 3800.0
  • Window Features: Aluminum Frames
  • ResoLivingAreaSource: Estimated
  • Appliances Dishwasher: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Appliances:Electric Water Heater: Yes
  • Basement:None2: Yes
  • Community Features:None3: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Storage2: Yes
  • Appliances:Electric Oven: Yes
  • Interior Features:Crown Molding: Yes
  • Interior Features:Natural Woodwork: Yes
  • Appliances:Gas Cooktop: Yes

Exterior Features

  • Roof: Pitched, Shingle
  • Fencing: See Remarks, Full
  • Exterior Features: Storage, Private Yard
  • Lot Features: Pond on Lot, Split Possible, Pasture, Cleared
  • Pool Features: Above Ground
  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick, HardiPlank Type
  • Foundation Details: Block, Brick/Mortar
  • Other Structures: Workshop, Storage, Stable(s), Shed(s), Barn(s), Guest House
  • Patio And Porch Features: Covered, Enclosed, Front Porch, Patio, Screened
  • Property Condition: Fixer, Functional
  • Window Features:Aluminum Frames: Yes
  • Patio And Porch Features:Screened: Yes
  • Lot Features:Pond On Lot: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Private: Yes
  • Patio And Porch Features:Covered: Yes
  • Exterior Features:Storage: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Exterior Features:Private Yard: Yes
  • Construction Materials:HardiPlank Type: Yes
  • Lot Features:Pasture2: Yes
  • Patio And Porch Features:Enclosed: Yes
  • Lot Features:Farm: Yes
  • Lot Features:Agricultural: Yes
  • Lot Features:Split Possible: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes

Utilities

  • Heating: Central
  • Cooling: Central Air
  • Sewer: Septic Tank
  • Laundry Features: Main Level, Laundry Room
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Propane, High Speed Internet Available, Water Not Available, Water Connected, Sewer Not Available, Natural Gas Not Available, Electricity Available
  • Water Source: Private, 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
  • Horse Amenities:Hay Storage: Yes
  • Horse Amenities:Tack Room: Yes
  • Horse Amenities:Pasture: Yes
  • Horse Amenities:Barn: Yes
  • Horse Amenities:Riding Trail: Yes
  • Horse Amenities:Trailer Storage: Yes
  • Horse Amenities:Corral(s): Yes
  • Horse Amenities:Arena: Yes
  • Horse Amenities:Boarding Facilities: Yes
  • Horse Amenities:Paddocks: Yes
  • Horse Amenities:Round Pen: Yes
  • Horse Amenities:Stable(s): Yes

Schools

  • Elementary School: Black Fox
  • High School: Bradley County
  • Middle Or Junior School: Lake Forest

Lot Info

  • Current Use: Vacant, Farm, Horses, Livestock, Pasture
  • Horse Amenities: Arena, Barn, Boarding Facilities, Corral(s), Hay Storage, Paddocks, Pasture, Riding Trail, Round Pen, Stable(s), Tack Room, Trailer Storage
  • Lot Size Sq Ft: 522720.0
  • Parcel #: 079 008.04 000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1161.0
  • Tax Book Number: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2023
Closed on
Oct 5, 2023
Sold by
Price Emily Shelton
Bought by
Soares Olga Vasilievna K
Seller's Agent
Chasity Witt
RE/MAX Experience
Buyer's Agent
A NON-MEMBER
--NON-MEMBER OFFICE--
List Price
$550,000
Sold Price
$535,000
Premium/Discount to List
-$15,000
-2.73%
Views
271
Current Estimated Value
$364,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$170,306
Avg. Annual Appreciation
-15.00%
Original Mortgage
$508,250
Outstanding Balance
$500,706
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
-$107,168

Purchase Details

Closed on
Jul 10, 2023
Sold by
Poteet B Darlene
Bought by
Price Emily Shelton

Purchase Details

Closed on
Jun 5, 2018
Sold by
Poteet Steven and Poteet Betty Darlene
Bought by
Cleveland Properties Llc

Purchase Details

Closed on
Jun 27, 2003
Sold by
Lawson Evert
Bought by
Millians Len

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
5.43%

Purchase Details

Closed on
Nov 16, 2000
Sold by
Sefcik George S and Sefcik Kathleen
Bought by
Poteet Steve B

Purchase Details

Closed on
Nov 17, 1995
Sold by
Cameron Kelly
Bought by
Vickers Kesha

Purchase Details

Closed on
Oct 10, 1995
Bought by
Cameron Kelly

Purchase Details

Closed on
Oct 9, 1995
Bought by
Caldwell Eric
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
Soares Olga Vasilievna K $535,000 Cleveland Abstract & Title
Price Emily Shelton $100 None Listed On Document
Cleveland Properties Llc $191,000 Cleveland Abstract
Millians Len $12,000 --
Poteet Steve B $8,300 --
Vickers Kesha $25,920 --
Cameron Kelly $27,000 --
Caldwell Eric $93,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soares Olga Vasilievna K $508,250
Previous Owner Quigley Robert S $1,575,000
Previous Owner Poteet Steven B $83,074
Previous Owner Steve Poteet $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2023 10/05/23 Sold $535,000 -2.7% $141 / Sq Ft
09/07/2023 09/07/23 Pending -- -- --
08/20/2023 08/20/23 For Sale $550,000 0.0% $145 / Sq Ft
08/13/2023 08/13/23 Pending -- -- --
08/10/2023 08/10/23 For Sale $550,000 0.0% $145 / Sq Ft
06/09/2023 06/09/23 Pending -- -- --
06/06/2023 06/06/23 For Sale $550,000 -- $145 / Sq Ft
Source: River Counties 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 $603 $33,650 $13,325 $20,325
2023 $767 $42,775 $15,950 $26,825
2022 $767 $42,775 $15,950 $26,825
2021 $767 $42,775 $0 $0
2020 $549 $42,775 $0 $0
2019 $549 $24,700 $0 $0
2018 $519 $0 $0 $0
2017 $840 $0 $0 $0
2016 $840 $0 $0 $0
2015 $812 $0 $0 $0
2014 $552 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: River Counties Association of REALTORS®

MLS Number: 20235710

River Counties Association of REALTORS®

APN: 079-008.00