NOT LISTED FOR SALE

124 Fred Russell Ln Speedwell, TN 37870

Estimated Value: $271,087 - $316,000

3 Beds
2.5 Baths
1,914 Sq Ft
$149/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $220,000 $115 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,614/month

91 Days on Market

Highlights

  • Mountain View
  • Traditional Architecture
  • Bonus Room
  • Deck
  • Main Floor Primary Bedroom
  • Great Room

About This Home

As of October 2022

PANORAMIC VIEWS; LOCATED ON APPROX 1 ACRE THIS 3/4 BEDROOM HOME HAS FIREPLACE; OPEN LIVING KITCHEN AREA; LARGE LAUNDRY WITH SHOWER; VINYL OUTSIDE PLUS 2 CAR DETACHED GARAGE. BEDROOMS ON FIRST FLOOR WITH BONUS UPSTAIRS. COVERED FRONT PORCH WAITING FOR THE ROCKING CHAIRS. CENTRAL H/A

Last Agent to Sell the Property

Janice Pratt

AAA Realty, Inc. License #290442 Listed on: 05/10/2022

Last Buyer's Agent

Rachel Rhea

R & R Realty Company License #315928

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,036

Year Built

  • Built in 1997

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 248x200
  • Cul-De-Sac
  • Irregular Lot

Property Views

  • Mountain Views
  • Countryside Views

Home Design

  • Traditional Architecture
  • Frame Construction
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,914 Sq Ft Home
  • Fireplace Features Masonry
  • ENERGY STAR Qualified Windows
  • Insulated Windows
  • ENERGY STAR Qualified Doors
  • Great Room
  • Open Floorplan
  • Bonus Room
  • Storage
  • Crawl Space
  • Fire and Smoke Detector
  • Eat-In Kitchen

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • Detached Garage
  • Parking Available

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Russell Springs 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 077M A 010.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,036

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Directions: TAKE HWY 63 WEST ABOUT 12 MILES LEFT ON RUSSELL HILL RD; LEFT ON BACK VALLEY RD; RIGHT ON ELIZABETH RUSSELL LANE LEFT ON FRED RUSSELL LANE HOUSE ON RIGHT (YOU CAN ALSO GO ON BACK VALLEY RD AND TURN LEFT ON ELIZABETH RUSSELL)
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1997
  • Lot Size Acres: 1.0
  • Lot Size: 248x200
  • Subdivision Name: Russell Springs 2
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • View:Mountain View: Yes
  • General Property Description:Lot Size SqFt: 43560.0
  • Lot Description:Cul-De-Sac: Yes
  • Lot Description:Irregular Lot: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 1472.0
  • General Property Description:SqFt - 2nd Flr Lvl: 442.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: No
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: Yes
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Siding:Vinyl2: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Dining Area:Eat-in Kitchen: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Water:Public: Yes
  • Floors:Laminate: Yes
  • Dining Area:KitchenDining Rm Co: Yes
  • Dining Area:Living RmDining Rm: Yes
  • Heat:Heat Pump3: Yes
  • Siding:Wood2: Yes
  • Special Features: None

Interior Features

  • Appliances: Smoke Detector
  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Flooring: Laminate, Carpet, Vinyl
  • Basement:Crawl Space: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Other Rooms:Bedroom Main Level: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Masonry2: Yes

Exterior Features

  • Exterior Features: Window - Energy Star, Windows - Insulated, Porch - Covered, Deck, Doors - Energy Star
  • View: Mountain View, Country Setting
  • Lot Features: Cul-De-Sac
  • Construction Type: Vinyl Siding, Wood Siding
  • Construction:Frame: Yes
  • Exterior Features:Deck: Yes
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Windows - Insulated: Yes
  • Exterior Features:Doors - Energy Star: Yes
  • Exterior Features:Window - Energy Star: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached, Main Level
  • GarageParking:Main Level: Yes
  • GarageParking:Detached2: Yes

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: 077M A 010.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2022
Closed on
Oct 28, 2022
Sold by
Jackson Ray and Broughton Carol
Bought by
Mast Shane M
Seller's Agent
Janice Pratt
AAA Realty, Inc.
Buyer's Agent
Rachel Rhea
R & R Realty Company
List Price
$249,900
Sold Price
$220,000
Premium/Discount to List
-$29,900
-11.96%
Views
10
Current Estimated Value
$279,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,114
Avg. Annual Appreciation
8.98%
Original Mortgage
$13,200
Outstanding Balance
$473
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$279,154

Purchase Details

Listed on
Oct 17, 2016
Closed on
Nov 5, 2018
Sold by
Commercial Bank
Bought by
Jackson Ray and Jackson Roxanna
Seller's Agent
Jan Miller
Action Realty
Buyer's Agent
Jan Miller
Action Realty
Sold Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.13%
Original Mortgage
$147,500
Interest Rate
4.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 28, 2016
Sold by
Nash James Mitchell
Bought by
Commercial Bank

Purchase Details

Closed on
Aug 14, 1997
Sold by
Harris Lloyd B and Harris Haskel
Bought by
Mitchell James

Purchase Details

Closed on
Aug 5, 1997
Bought by
Nash James Mitchell and Nash Edna Maria
Source: Public Records

Range of Values:

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Average Value
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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
Mast Shane M $220,000 Genesis Real Estate Title
Jackson Ray $145,000 None Available
Commercial Bank $137,080 --
Mitchell James $8,950 --
Nash James Mitchell $9,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mast Shane M $13,200
Open Mast Shane M $216,015
Previous Owner Jackson Ray $147,500
Previous Owner Mitchell Nash James $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $220,000 -8.3% $115 / Sq Ft
08/10/2022 08/10/22 Pending -- -- --
07/11/2022 07/11/22 Price Changed $239,900 -4.0% $125 / Sq Ft
05/10/2022 05/10/22 For Sale $249,900 +72.3% $131 / Sq Ft
11/15/2018 11/15/18 Sold $145,000 -- $76 / Sq Ft
Source: East Tennessee REALTORS® 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 $44,275 $2,375 $41,900
2023 $1,036 $44,275 $2,375 $41,900
2022 $886 $44,275 $2,375 $41,900
2021 $882 $34,225 $2,625 $31,600
2020 $882 $34,225 $2,625 $31,600
2019 $882 $34,225 $2,625 $31,600
2018 $882 $34,225 $2,625 $31,600
2017 $882 $34,225 $2,625 $31,600
2016 $809 $31,375 $2,625 $28,750
2015 $778 $31,375 $2,625 $28,750
2014 $778 $31,369 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1190766

East Tennessee REALTORS® MLS

APN: 077M-A-010.00