NOT LISTED FOR SALE

1340 Oak Rd Rutledge, TN 37861

Estimated Value: $69,000 - $122,172

2 Beds
0.5 Bath
1,120 Sq Ft
$89/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $50,000 $45 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $536/month

139 Days on Market

Highlights

  • Barn
  • Wood Burning Stove
  • Wooded Lot
  • View of Trees or Woods
  • Private Lot
  • Traditional Architecture

About This Home

As of June 2024

Renovation Special. Would make a great flip house, rental, or first home time home with some work. House seems to have good bones, but is in need of renovation. Property includes 2 out buildings for extra storage. Convenient to both Rutledge or Jefferson City. Make plans to see this diamond in the rough.

Last Agent to Sell the Property

Simon Newman

Home & Garden Real Estate License #372703 Listed on: 01/06/2024

Last Buyer's Agent

Simon Newman

Home & Garden Real Estate License #372703 Listed on: 01/06/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $143

Year Built

  • Built in 1921

Lot Details

  • 0.49 Acre Lot
  • Private Lot
  • Level Lot
  • Irregular Lot
  • Wooded Lot

Parking

  • 1 Car Detached Garage
  • Assigned Parking

Property Views

  • Woods
  • Countryside Views
  • Forest

Home Design

  • Traditional Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,120 Sq Ft Home
  • Cathedral Ceiling
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Storage
  • Wood Flooring
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • No Kitchen Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 0.5 Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage
  • Storage Shed

Farming

  • Barn

Utilities

  • No Cooling
  • No Heating
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 082 055.02

Home Details

Home Type

Single Family

Est. Annual Taxes

$143

Year Built

Built in 1921

Lot Details

0

Parking

1

Listing Details

  • Directions: From hwy 92 turn left on oak road property is 1.5 miles on right
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1921
  • Lot Size Acres: 0.49
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Lot Description:Rolling Slope: Yes
  • Lot Description:Wooded: Yes
  • View:Wooded2: Yes
  • Lot Description:Irregular Lot: Yes
  • Contract Info:List PriceSqFt2: 57.94
  • General Property Description:Fireplace: Yes
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: No
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: No
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Siding:Vinyl2: Yes
  • Floors:Hardwood: Yes
  • Dining Area:Eat-in Kitchen: Yes
  • Outbuildings:Storage Shed: Yes
  • Lot Description:Private: Yes
  • Misc Features:Cathedral Ceiling: Yes
  • Cooling:None12: Yes
  • Heat:None13: Yes
  • Outbuildings:Barn: Yes
  • Special Features: None

Interior Features

  • Appliances: None
  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Other, Wood Burning, Wood Burning Stove
  • Fireplaces: 1
  • Flooring: Hardwood
  • Basement:Crawl Space: Yes
  • Fireplace:Wood Burning: Yes
  • Appliances:None17: Yes
  • Fireplace:Wood Burning Stove: Yes

Exterior Features

  • Exterior Features: Porch - Covered
  • View: Country Setting, Wooded
  • Lot Features: Private, Wooded, Irregular Lot, Level, Rolling Slope
  • Construction Type: Vinyl Siding, Frame
  • Other Structures: Storage, Barn(s)
  • Construction:Frame: Yes
  • Exterior Features:Porch - Covered: Yes
  • Construction:Other7: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 1.0
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Designated Parking, Detached
  • GarageParking:Designated Parking: Yes
  • GarageParking:Detached2: Yes

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Sewer Septic Tank: Yes
  • Water Well: Yes

Lot Info

  • Lot Size Sq Ft: 21344.4
  • Parcel #: 082 055.02
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2024
Closed on
Jun 13, 2024
Sold by
Middlebrook Denis Keith and Middlebrook Todd
Bought by
Burroughs Wesley Aaron and Todd Krysty L
Seller's Agent
Simon Newman
Home & Garden Real Estate
Buyer's Agent
Simon Newman
Home & Garden Real Estate
List Price
$64,900
Sold Price
$50,000
Premium/Discount to List
-$14,900
-22.96%
Views
403
Current Estimated Value
$99,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,543
Avg. Annual Appreciation
59.24%

Purchase Details

Closed on
Feb 17, 2018
Sold by
Atkins Benny and Nicholson Mark
Bought by
Middlebrook Dennis

Purchase Details

Closed on
Nov 19, 2015
Sold by
Abbott Timothy P
Bought by
Atkins Benny and Atkins Mark Nicholson

Purchase Details

Closed on
Jun 10, 1994
Bought by
Howell James E and Howell Betty

Purchase Details

Closed on
May 11, 1987
Bought by
Olson David M

Purchase Details

Closed on
May 13, 1983
Bought by
Mullins Bruce and Mullins Norma
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Burroughs Wesley Aaron $50,000 American Title
Middlebrook Dennis $20,000 Warranty Title Insurance Co
Atkins Benny -- --
Howell James E $15,000 --
Olson David M $18,000 --
Mullins Bruce -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2024 06/14/24 Sold $50,000 -23.0% $45 / Sq Ft
05/25/2024 05/25/24 Pending -- -- --
04/15/2024 04/15/24 For Sale $64,900 0.0% $58 / Sq Ft
03/28/2024 03/28/24 Pending -- -- --
03/02/2024 03/02/24 For Sale $64,900 0.0% $58 / Sq Ft
02/27/2024 02/27/24 Pending -- -- --
02/26/2024 02/26/24 Price Changed $64,900 -13.4% $58 / Sq Ft
01/06/2024 01/06/24 For Sale $74,900 -- $67 / 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
2025 $143 $11,125 $0 $0
2024 $143 $11,125 $1,500 $9,625
2023 $143 $11,125 $1,500 $9,625
2022 $256 $11,125 $1,500 $9,625
2021 $256 $11,125 $1,500 $9,625
2020 $194 $11,125 $1,500 $9,625
2019 $194 $6,925 $1,325 $5,600
2018 $168 $6,925 $1,325 $5,600
2017 $168 $6,925 $1,325 $5,600
2016 $168 $6,925 $1,325 $5,600
2015 $164 $3,525 $1,325 $2,200
2014 $164 $6,559 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1249459

East Tennessee REALTORS® MLS

APN: 082-055.02