NOT LISTED FOR SALE

1246 N Wright Rd Alcoa, TN 37701

Estimated Value: $303,000 - $373,000

3 Beds
2.5 Baths
1,572 Sq Ft
$214/Sq Ft Est. Value

Last Sold February 23, 2017

Last sale price $171,900 $109 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,961/month

23 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Separate Formal Living Room
  • Alcoa Elementary School Rated A-
  • Main Floor Primary Bedroom
  • 3-minute walk to Alcoa Little League Park

About This Home

As of February 2017

Step in to this beautiful Craftsman style new construction in Alcoa City school district featuring master bedroom on main level, kitchen with shaker style cabinets, island and pantry, large family room, powder room and utility room. Colors are tasteful and contemporary with dark hardwood floors, white cabinetry, gray paint, and granite. Upstairs has two spacious bedrooms and another bathroom. Contact listing agent for construction timeline. Buyer to verify sq footage.

Last Agent to Sell the Property

Tracy Southard

Realty Executives Associates Brokerage Phone: 8655666092 License #330277 Listed on: 10/03/2016

Realty Executives Associates

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 75 x 109
  • Level Lot

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,572 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Separate Formal Living Room
  • Crawl Space
  • Fire and Smoke Detector
  • Washer and Electric Dryer Hookup

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Schools

  • Alcoa Elementary School
  • Alcoa Middle School
  • Alcoa High School

Utilities

  • Central Air
  • Heat Pump System

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2016
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Year Built Details: EXIST
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bedroom Main Floor
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Oven
  • Fireplace: No
  • Flooring: Carpet, Wood, Vinyl
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Crawl Space
  • Building Area Units: Square Feet
  • Living Area: 1572
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Vinyl Siding, Other, Brick
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Attached

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Smoke Detector(s)
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Other, Level
  • Lot Size Acres: 0.18
  • Lot Size: 75 X 109
  • Lot Size Units: Acres
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

MLS Schools

  • Elementary School: Alcoa Elementary
  • High School: Alcoa High School
  • Middle Or Junior School: Alcoa Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2016
Closed on
Feb 23, 2017
Sold by
Wallace Investments Llc
Bought by
Knight Taylor M and Knight Victoria
Seller's Agent
Tracy Southard
Realty Executives Associates
List Price
$169,900
Sold Price
$171,900
Premium/Discount to List
$2,000
1.18%
Current Estimated Value
$336,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,262
Avg. Annual Appreciation
7.88%
Original Mortgage
$168,785
Outstanding Balance
$138,437
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$197,725

Purchase Details

Closed on
May 5, 2016
Sold by
Lyons Leslie D
Bought by
Wallace Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,400
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 1992
Bought by
Lyons Leslie D

Purchase Details

Closed on
Jun 1, 1959
Bought by
Drake Earl and Drake Ethel
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Knight Taylor M $171,900 --
Wallace Investments Llc $8,000 --
Wallace Investments Llc $8,000 --
Lyons Leslie D $35,000 --
Drake Earl -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knight Taylor M $168,785
Previous Owner Wallace Investments Llc $740,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2017 02/23/17 Sold $171,900 +1.2% $109 / Sq Ft
10/26/2016 10/26/16 Pending -- -- --
10/03/2016 10/03/16 For Sale $169,900 -- $108 / Sq Ft
Source: Realtracs

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
2025 -- $72,975 $0 $0
2024 $2,393 $72,975 $9,575 $63,400
2023 $2,393 $72,975 $9,575 $63,400
2022 $2,122 $44,775 $5,325 $39,450
2021 $2,122 $44,775 $5,325 $39,450
2020 $2,122 $44,775 $5,325 $39,450
2019 $2,122 $44,775 $5,325 $39,450
2018 $1,645 $37,125 $5,325 $31,800
2017 $1,437 $37,125 $5,325 $31,800
2016 $857 $5,325 $5,325 $0
2015 $795 $19,350 $5,325 $14,025
2014 $885 $19,350 $5,325 $14,025
2013 $885 $21,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2881144

Realtracs

APN: 036E-K-044.00