NOT LISTED FOR SALE

1331 Prospects Way Gray, TN 37615

Spurgeon Neighborhood

Estimated Value: $716,678 - $748,000

4 Beds
3 Baths
3,024 Sq Ft
$242/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $589,900 $195 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,097/month

12 Days on Market

Highlights

  • Home Theater
  • Open Floorplan
  • Recreation Room
  • New Construction
  • Deck
  • Traditional Architecture

About This Home

As of May 2022

If you're looking for a custom, designer feel, attention to detail and upgrades at every turn and convenient Gray location, don't miss this home! With an open concept living space, don't let the main level square footage fool you! The vaulted family room ceiling complemented by a rustic beam is warm and inviting with the fireplace and custom built-ins. It opens up to the kitchen area with island as well as the the main dining space. And don't miss the walk in pantry! The bedrooms are split, with the master suite on one end, and the other two bedrooms and full bath off of the kitchen area. In the basement, you'll find a fourth bedroom and office, as well as a living space that opens to a kitchenette/wet bar. This home is perfect for entertaining, whether you're on the main level watching the big game or in the cozy basement with walkout patio area. (Taxes not yet assessed. Owner/Agent.)

Last Agent to Sell the Property

Melanie Little

KW Johnson City License #334386 Listed on: 01/20/2022

KW Johnson City

Last Buyer's Agent

Corey Tittle

KW Johnson City License #353232

KW Johnson City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,376

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.4 Acre Lot
  • Landscaped
  • Level Lot
  • Property is zoned Res.

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Home Theater
  • Recreation Room
  • Utility Room
  • Washer and Gas Dryer Hookup

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Gray Elementary And Middle School
  • Daniel Boone High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Cable TV Available

Community Details

  • Daniels Ridge Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,376

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Directions: From Bobby Hicks Hwy, take Cox Rd. Left onto Cedar Creek Rd, then right into Daniel's Ridge S/D. Take 1st left onto Prospects Way, home on the left.
  • Prop. Type: Residential
  • Year Built: 2022
  • Garage Garage Spaces: 2
  • Property Sub Type: Single Family Residence
  • Reso Association Amenities: Landscaping
  • Co List Office Mls Id: 612
  • Co List Office Phone: 423-433-6500
  • Subdivision Name: Daniels Ridge
  • Architectural Style: Traditional
  • Unit Levels: One
  • New Construction: Yes
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.4
  • General Property Description Zoning2: Res.
  • General Property Description Elementary School3: Gray
  • General Property Description Middle School2: Gray
  • General Property Description High School3: Daniel Boone
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: IRR
  • General Property Description Home Warranty: Yes
  • General Property Description Total SqFt Finished: 3024.0
  • General Property Description Above Grade SqFt: 1860.0
  • AC Central Air: Yes
  • Appliances Microwave: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 0
  • General Property Description # Fireplaces: 1
  • Roof Shingle: Yes
  • AC Heat Pump3: Yes
  • Interior Features KitchenDining Combo: Yes
  • AC Ceiling Fan(s): Yes
  • TopographyLot Description Sloped: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Laminate: Yes
  • Utilities Cable Available: Yes
  • Foundation Block6: Yes
  • General Property Description HOA Fee: 12.5
  • Property Condition New Construction3: Yes
  • Flooring Ceramic Tile: Yes
  • Other Rooms Recreation Room: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Range, Microwave
  • Has Basement: Full, Partially Finished, Walk-Out Access
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Built-in Features, Granite Counters, Kitchen Island, Kitchen/Dining Combo, Open Floorplan, Pantry, Utility Sink, Walk-In Closet(s), Wet Bar
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1164.0
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Total Bedrooms: 10
  • General Property Description Baths - Full: 3
  • Interior Features:Pantry: Yes
  • Appliances Dishwasher: Yes
  • InteriorFeatures:Utility Sink: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Living Room: Yes
  • Interior Features:Granite Counters: Yes
  • Basement:Partially Finished: Yes
  • Basement:Walk-Out Access: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Kitchen Island: Yes
  • Other Rooms:Utility Room: Yes
  • Full Basement: Yes
  • Appliances:Gas Range: Yes
  • Other Rooms:Media Room: Yes
  • Interior Features:Wet Bar: Yes

Exterior Features

  • Property Condition: New Construction
  • Roof: Shingle
  • Acres: 0.4
  • Topography: Level, Sloped
  • Home Warranty: Yes
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Block
  • Patio And Porch Features: Back, Covered, Deck, Patio
  • Exterior Finish Brick4: Yes
  • Exterior Finish Vinyl Siding: Yes
  • PorchPatioDeck Back: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Deck: Yes
  • PorchPatioDeck Patio: Yes

Garage/Parking

  • Parking Features: Concrete
  • Sq Ft DetailsGarageAttachedSq Ft: 604
  • Sq Ft DetailsGarageTotalSq Ft: 604
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Concrete2: Yes

Utilities

  • Heating: Central, Heat Pump, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association Fee: 12.5
  • Association: Yes

Association/Amenities

  • AmenitiesLandscaping: Yes

Schools

  • Elementary School: Gray
  • High School: Daniel Boone
  • Middle Or Junior School: Gray

Lot Info

  • Zoning: Res.
  • Lot Dimensions: IRR
  • Lot Size Sq Ft: 17424.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2022
Closed on
May 20, 2022
Sold by
M Little & Co Llc
Bought by
Myers Shannon W
Seller's Agent
Melanie Little
KW Johnson City
Buyer's Agent
Corey Tittle
KW Johnson City
List Price
$574,900
Sold Price
$589,900
Premium/Discount to List
$15,000
2.61%
Current Estimated Value
$732,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,020
Avg. Annual Appreciation
6.57%
Original Mortgage
$611,136
Outstanding Balance
$580,566
Interest Rate
5.25%
Estimated Equity
$152,354

Purchase Details

Closed on
Jan 21, 2021
Sold by
Gouge Little And Associates
Bought by
M Little & Co Llc
Source: Public Records

Range of Values:

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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
Myers Shannon W $589,900 New Title Company Name
M Little & Co Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myers Shannon W $611,136
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2022 06/28/22 Off Market $589,900 -- --
05/20/2022 05/20/22 Sold $589,900 +2.6% $195 / Sq Ft
01/20/2022 01/20/22 Pending -- -- --
01/08/2022 01/08/22 For Sale $574,900 -- $190 / Sq Ft
Source: Tennessee/Virginia Regional 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 $2,376 $166,300 $16,050 $150,250
2022 $2,115 $98,350 $14,050 $84,300
2021 $302 $14,050 $14,050 $0
2020 $302 $14,050 $14,050 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9932598

Tennessee/Virginia Regional MLS

APN: 090005N F 02900