NOT LISTED FOR SALE

124 Summit Dr Speedwell, TN 37870

Estimated Value: $193,628 - $229,000

2 Beds
1 Bath
1,008 Sq Ft
$204/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $163,250 $162 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,181/month

35 Days on Market

Highlights

  • Mountain View
  • Traditional Architecture
  • No HOA
  • Deck
  • Wood Flooring
  • Wood Frame Window

About This Home

As of February 2024

Looking for a cozy and affordable home in a scenic location? Look no further than this charming 2 bedroom, 1 bathroom split level house with a partially finished basement and a two car carport. Enjoy the stunning mountain view from your living room or your back deck. The basement offers plenty of storage space and potential for additional living area. The property has a spacious lot and is conveniently located close to schools, shops, and parks. Don't miss this opportunity to own your dream home!

Last Agent to Sell the Property

Russell Tribell

Fathom Realty TN LLC Brokerage Phone: 423-869-5111 License #347800 Listed on: 12/12/2023

Fathom Realty TN LLC

Last Buyer's Agent

Beth Combs

Turn Key Realty License #334752

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $768

Year Built

  • Built in 1991

Lot Details

  • 0.56 Acre Lot
  • Level Lot

Property Views

  • Mountain Views
  • Countryside Views

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • Ceiling Fan
  • Wood Frame Window
  • Combination Kitchen and Dining Room
  • Storage
  • Washer and Dryer Hookup
  • Storm Doors
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Partially Finished Basement

  • Sealed Crawl Space
  • Crawl Space

Parking

  • 2 Car Parking Spaces
  • Parking Available
  • Side or Rear Entrance to Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Outdoor Storage
  • Storage Shed

Schools

  • H Y Livesay Middle School
  • Cumberland Gap High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • Internet Available

Community Details

  • No Home Owners Association
  • Powell Valley View Subdivision

Listing and Financial Details

  • Assessor Parcel Number 053P A 032.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$768

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Directions: Fom Harrogate go west on 63 approx 6.6 miles; turn left on Red Hill Cir; then right on Back Valley Rd; go approx a mile turn left on Summit Dr. then home is on right. SOP
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1991
  • Lot Size Acres: 0.56
  • Subdivision Name: Powell Valley View
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Attribution Contact: 423-869-5111
  • Lot Description:Rolling Slope: Yes
  • View:Mountain View: Yes
  • General Property Description:Lot Size SqFt: 24394.0
  • General Property Description:Fireplace: No
  • General Property Description:SqFt - Main Lvl: 1008.0
  • General Property Description:HOA: No
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: No
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Siding:Vinyl2: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Hardwood: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Water:Public: Yes
  • Outbuildings:Storage Shed: Yes
  • Dining Area:KitchenDining Rm Co: Yes
  • Floors:Tile2: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Has Basement: Crawl Space Sealed, Partially Finished
  • Fireplace: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Other
  • Flooring: Hardwood, Vinyl, Tile
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Basement:Crawl Space Sealed: Yes
  • Basement:Partially Finished: Yes
  • Fireplace:Other9: Yes

Exterior Features

  • Exterior Features: Windows - Wood, Deck, Doors - Storm
  • View: Mountain View, Country Setting
  • Lot Features: Level, Rolling Slope
  • Construction Type: Vinyl Siding, Brick, Frame
  • Other Structures: Storage
  • Construction:Frame: Yes
  • Exterior Features:Deck: Yes
  • Construction:Brick5: Yes
  • Exterior Features:Windows - Wood: Yes
  • Exterior Features:Doors - Storm: Yes

Garage/Parking

  • GarageParkingCarportSpaces: 2.0
  • Attached Garage: No
  • Parking Features: Side/Rear Entry, Main Level, Off-Street Parking
  • GarageParking:Off-Street Parking: Yes
  • GarageParking:SideRear Entry: Yes
  • GarageParking:Main Level: Yes

Utilities

  • Cooling: Central Cooling, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes
  • Water Well: Yes

Schools

  • High School: Cumberland Gap
  • Middle Or Junior School: H Y Livesay

Lot Info

  • Lot Size Sq Ft: 24394.0
  • Parcel #: 053P A 032.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2023
Closed on
Feb 23, 2024
Sold by
Mcmurry Samuel Adam and Mccoy Michi
Bought by
Helmer Peter and Rohde Wesley
Seller's Agent
Russell Tribell
Fathom Realty TN LLC
Buyer's Agent
Beth Combs
Turn Key Realty
List Price
$189,900
Sold Price
$163,250
Premium/Discount to List
-$26,650
-14.03%
Views
64
Current Estimated Value
$205,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,157
Avg. Annual Appreciation
16.20%
Original Mortgage
$146,461
Outstanding Balance
$144,154
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$61,253

Purchase Details

Listed on
Feb 5, 2021
Closed on
Apr 15, 2021
Sold by
Wilder Linda Gayle
Bought by
Mcmurry Adam and Mccoy Michi
Seller's Agent
Hazle Spurlock
Turn Key Realty
Buyer's Agent
Russell Tribell
Fathom Realty TN LLC
Sold Price
$132,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.57%
Original Mortgage
$128,876
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2019
Sold by
Wilder Roger Dean
Bought by
Wilder Linda Gayle

Purchase Details

Closed on
Jan 10, 2013
Sold by
Wilder Linda
Bought by
Wilder Roger Dean

Purchase Details

Closed on
Dec 10, 1990
Bought by
Wilder Roger Dean and Wilder Linda

Purchase Details

Closed on
Jan 1, 1982

Purchase Details

Closed on
Jan 2, 1978

Purchase Details

Closed on
Jan 4, 1977

Purchase Details

Closed on
Jan 3, 1900
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
Helmer Peter $163,250 None Listed On Document
Mcmurry Adam $132,500 None Available
Wilder Linda Gayle -- None Available
Wilder Roger Dean -- --
Wilder Roger Dean $5,000 --
-- $4,500 --
-- -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Helmer Peter $146,461
Previous Owner Mcmurry Adam $128,876
Previous Owner Wilder Roger Dean $40,000
Previous Owner Dean Wilder Roger $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $163,250 -14.0% $162 / Sq Ft
01/17/2024 01/17/24 Pending -- -- --
12/12/2023 12/12/23 For Sale $189,900 +43.3% $188 / Sq Ft
04/15/2021 04/15/21 Sold $132,500 -- $131 / 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 $768 $32,800 $3,550 $29,250
2023 $768 $32,800 $3,550 $29,250
2022 $656 $32,800 $3,550 $29,250
2021 $464 $18,000 $2,450 $15,550
2020 $464 $18,000 $2,450 $15,550
2019 $464 $18,000 $2,450 $15,550
2018 $464 $18,000 $2,450 $15,550
2017 $464 $18,000 $2,450 $15,550
2016 $500 $19,375 $2,450 $16,925
2015 $481 $19,375 $2,450 $16,925
2014 $481 $19,372 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1247892

East Tennessee REALTORS® MLS

APN: 053P-A-032.00