NOT LISTED FOR SALE

1262 E Russell Gap Rd New Market, TN 37820

Estimated Value: $157,000 - $321,000

14.7 Acres
$17,950 Price per Acre
640,332 Sq Ft Lot

Last Sold December 21, 2022

Last sale price $250,000

Est. 6% increase in value since last sale

Current estimated payment $1,486/month

60 Days on Market

Highlights

  • Creek On Lot
  • Wooded Lot
  • Lot Has A Rolling Slope

About This Lot

As of December 2022

Motivated seller with a great piece of property, unrestricted. Level to rolling land. It has a shed/barn on it. Condition Unknown. At the top of the hill there is a 180 degree view of the Smoky Mountains. The property is a perfect location within minutes to Sevierville, Pigeon Forge, Knoxville. Build your dream home, bring your livestock or develop a subdivision. The potential is endless. The area is growing at Exit 407 especially with the new Buckees and so much more.

Last Agent to Sell the Property

Brigitte Short

Hammontree Real Estate License #286886 Listed on: 10/05/2022

Last Buyer's Agent

Brigitte Short

Day & Associates

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $583

Lot Details

  • 14.7 Acre Lot
  • Lot Dimensions are 735x998x545x1147
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Finished Lot(s)
  • Zoning described as Zoned Residential

Outdoor Features

  • Creek On Lot

Listing and Financial Details

  • Assessor Parcel Number 054 067.00

Property Details

Property Type

Land

Est. Annual Taxes

$583

Lot Details

0

Listing Details

  • Directions: Going East on I-40 Take Exit 407, turn left on Snyder Rd. Go to Intersection of 25W turn right. Go approx 1 1/2 mile turn left onto Russell Gap Rd. Go approx 1 1/2 mile to property on left. Sign on property.
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 14.7
  • Lot Size: 735x998x545x1147
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Creek, Rolling, Wooded

Lot Info

  • Lot Size Sq Ft: 640332.0
  • Parcel #: 054 067.00
  • Zoning Description: Zoned Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2022
Closed on
Dec 19, 2022
Sold by
Benton Katrina
Bought by
Moriarty Brenden S and Moriarty Terry L
Seller's Agent
Brigitte Short
Hammontree Real Estate
Buyer's Agent
Brigitte Short
Day & Associates
List Price
$440,000
Sold Price
$250,000
Premium/Discount to List
-$190,000
-43.18%
Views
6
Current Estimated Value
$263,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,859
Avg. Annual Appreciation
-2.49%

Purchase Details

Closed on
Oct 23, 2003
Sold by
Jones Tommy L
Bought by
Katrina Benton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,570
Interest Rate
6%

Purchase Details

Closed on
Oct 21, 2003
Bought by
Benton Katrina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,570
Interest Rate
6%

Purchase Details

Closed on
Sep 13, 1991
Bought by
Jones Tommy and Barbara Le Jones Leon

Purchase Details

Closed on
Feb 22, 1963
Bought by
Jones Tommy and Barbara Jean
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Moriarty Brenden S $250,000 --
Katrina Benton $69,375 --
Benton Katrina $69,400 --
Jones Tommy $5,000 --
Jones Tommy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Tommy $58,570
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2022 12/21/22 Sold $250,000 -32.0% --
12/05/2022 12/05/22 Pending -- -- --
11/21/2022 11/21/22 Price Changed $367,500 -16.5% --
10/05/2022 10/05/22 For Sale $440,000 -- --
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
2023 $583 $25,350 $0 $0
2022 $555 $25,350 $25,025 $325
2021 $555 $25,350 $25,025 $325
2020 $555 $25,350 $25,025 $325
2019 $555 $25,350 $25,025 $325
2018 $592 $25,200 $25,025 $175
2017 $592 $25,200 $25,025 $175
2016 $592 $25,200 $25,025 $175
2015 $592 $25,200 $25,025 $175
2014 $592 $25,200 $25,025 $175
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Brigitte Short

    Hammontree Real Estate

    (865) 573-0145

    22 Total Sales

    Brigitte Short
    Section Image

  • P

    Buyer's Agent in 2022

    PAUL L. KYGER

    ABSOLUTE REALTY CO.

  • P

    Buyer's Agent in 2022

    PHYLLIS FOX

    RE/MAX PREFERRED REALTY

See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1208148

East Tennessee REALTORS® MLS

APN: 054-067.00

Tennessee Jefferson County New Market 37820

1262 E Russell Gap Rd, New Market, TN

This home is located at 1262 E Russell Gap Rd, New Market, TN 37820 since 05 October 2022 and is currently estimated at $263,859. 1262 E Russell Gap Rd is a home located in Jefferson County.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

East Tennessee REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.

Nearby Homes