NOT LISTED FOR SALE

1351 Old Highway 48 N Cumberland Furnace, TN 37051

Estimated Value: $151,896 - $250,000

5.14 Acres
$35,355 Price per Acre
223,898 Sq Ft Lot

Last Sold April 12, 2024

Last sale price $138,000

Est. 32% increase in value since last sale

Current estimated payment $999/month

102 Days on Market

Highlights

  • Hilly Lot
  • Valley View
  • Paved or Partially Paved Lot
  • Charlotte Elementary School Rated 9+
  • No HOA
  • Lot Has A Rolling Slope

About This Lot

As of April 2024

Rolling Hill side lot with multiple options for building sites.Mobile home allowed, Currently has Off Grid Cabin with solar equipment for electric. Does have city water provided by Vanleer water Dept, Also has power poles in place for electricity. Awesome Homestead opportunity. Cabin includes wood stove and propane cook stove. Also has mini-split Air conditioning that runs from solar. Clearings in the wooded portion of the property also. This could be a perfect sanctuary for a wildlife lover or nature lover!! Fiber internet soon to be available. Seller accepting offers while under contract pending funding

Last Agent to Sell the Property

Timothy Southerland

Rolling Hills Realty Brokerage Phone: 6157201568 License #366633 Listed on: 11/23/2023

Last Buyer's Agent

Debbie Guthery-Owen

Pinnacle Point Properties & Development License #265057

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $138

Lot Details

  • 5.14 Acre Lot
  • Property fronts a county road
  • Paved or Partially Paved Lot
  • Lot Has A Rolling Slope
  • Hilly Lot

Schools

  • Charlotte Elementary School
  • Charlotte Middle School
  • Creek Wood High School

Additional Features

  • Valley Views
  • Septic Tank

Community Details

  • No Home Owners Association
  • County Subdivision

Listing and Financial Details

  • Assessor Parcel Number 038 01504 000

Property Details

Property Type

Land

Est. Annual Taxes

$138

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Inclusions: EQUIP,LDBLG
  • ResoPropertyType: Land
  • Attribution Contact: 6157201568
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Other Equipment: Other

Exterior Features

  • Pool Private: No
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Topography: HILLY,ROLLI
  • View: Valley
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: No
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: none
  • Current Use: Residential
  • Lot Features: Hilly, Rolling Slope
  • Lot Size Acres: 5.14
  • Lot Size: 5.14
  • Lot Size Units: Acres
  • Parcel #: 038 01504 000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 138

MLS Schools

  • Elementary School: Charlotte Elementary
  • High School: Creek Wood High School
  • Middle Or Junior School: Charlotte Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2023
Closed on
Apr 12, 2024
Sold by
Vandeusen Joseph R
Bought by
Hansen Laura and Hansen Tom
Seller's Agent
Timothy Southerland
Rolling Hills Realty
Buyer's Agent
Debbie Guthery-Owen
Pinnacle Point Properties & Development
List Price
$160,000
Sold Price
$138,000
Premium/Discount to List
-$22,000
-13.75%
Views
222
Current Estimated Value
$181,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,724
Avg. Annual Appreciation
19.71%

Purchase Details

Listed on
Sep 16, 2022
Closed on
Nov 28, 2022
Sold by
Southerland Tim
Bought by
Vandeusen Joseph R
Seller's Agent
Timothy Southerland
Rolling Hills Realty
Buyer's Agent
Donald Martin
Haus Realty & Management LLC
List Price
$169,900
Sold Price
$145,000
Premium/Discount to List
-$24,900
-14.66%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.55%
Original Mortgage
$123,249
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 29, 2016
Closed on
Jul 25, 2016
Sold by
May And Fizer Land Partner
Bought by
Southerland Tim
Seller's Agent
Melissa Schmittou
Rolling Hills Realty
Buyer's Agent
Melissa Schmittou
Rolling Hills Realty
List Price
$499,999
Sold Price
$24,900
Premium/Discount to List
-$475,099
-95.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.98%
Original Mortgage
$22,400
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 25, 2015
Closed on
Feb 25, 2016
Sold by
Hayes Odie Michael
Bought by
May & Fizer Land Partnership
Seller's Agent
Melissa Schmittou
Rolling Hills Realty
Buyer's Agent
Melissa Schmittou
Rolling Hills Realty
List Price
$30,000
Sold Price
$18,000
Premium/Discount to List
-$12,000
-40%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
120.66%

Purchase Details

Closed on
Apr 5, 1999
Sold by
Hayes Dorothy Sue
Bought by
Hayes Odie Michael

Purchase Details

Closed on
Jun 6, 1997
Sold by
Fiser Carroll
Bought by
Hayes Dorothy

Purchase Details

Closed on
Oct 7, 1993
Bought by
Fiser Carroll
Source: Public Records

Range of Values:

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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
Hansen Laura $138,000 None Listed On Document
Hansen Laura $138,000 None Listed On Document
Vandeusen Joseph R $145,000 --
Southerland Tim $24,900 --
May & Fizer Land Partnership $18,000 --
Hayes Odie Michael $2,000 --
Hayes Dorothy $5,000 --
Fiser Carroll $5,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vandeusen Joseph R $123,249
Previous Owner Southerland Tim $22,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/12/2024 04/12/24 Sold $138,000 -10.4% --
03/05/2024 03/05/24 Pending -- -- --
02/10/2024 02/10/24 Price Changed $154,000 -3.8% --
11/23/2023 11/23/23 For Sale $160,000 +10.3% --
11/28/2022 11/28/22 Sold $145,000 0.0% $558 / Sq Ft View Prior Sale
11/28/2022 11/28/22 Sold $145,000 -9.3% -- View Prior Sale
11/09/2022 11/09/22 Pending -- -- --
11/09/2022 11/09/22 Pending -- -- --
10/24/2022 10/24/22 Price Changed $159,900 0.0% $615 / Sq Ft
10/24/2022 10/24/22 Price Changed $159,900 -3.0% --
09/30/2022 09/30/22 Price Changed $164,900 0.0% --
09/30/2022 09/30/22 Price Changed $164,900 -2.9% $634 / Sq Ft
09/17/2022 09/17/22 For Sale $169,900 0.0% $653 / Sq Ft
08/25/2022 08/25/22 Price Changed $169,900 -5.6% --
08/12/2022 08/12/22 Price Changed $179,900 -5.3% --
06/10/2022 06/10/22 Price Changed $189,900 -4.6% --
05/17/2022 05/17/22 For Sale $199,000 +1005.6% --
10/04/2018 10/04/18 Off Market $18,000 -- --
08/01/2018 08/01/18 Off Market $24,900 -- --
07/19/2018 07/19/18 For Sale $499,999 +1566.7% --
10/18/2017 10/18/17 For Sale $30,000 +20.5% --
07/25/2016 07/25/16 Sold $24,900 +38.3% -- View Prior Sale
02/25/2016 02/25/16 Sold $18,000 -- -- View Prior Sale
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 $555 $32,850 $0 $0
2024 $555 $32,850 $25,875 $6,975
2023 $259 $11,025 $5,875 $5,150
2022 $259 $5,875 $5,875 $0
2021 $138 $5,875 $5,875 $0
2020 $138 $5,875 $5,875 $0
2019 $138 $5,875 $5,875 $0
2018 $196 $7,250 $7,250 $0
2017 $196 $7,250 $7,250 $0
2016 $196 $7,250 $7,250 $0
2015 $210 $7,250 $7,250 $0
2014 $210 $7,250 $7,250 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2592270

Realtracs

APN: 038-015.04