NOT LISTED FOR SALE

1387 Welcome Valley Rd Benton, TN 37307

Estimated Value: $255,000 - $422,000

3 Beds
2 Baths
2,880 Sq Ft
$116/Sq Ft Est. Value

Last Sold January 17, 2014

Last sale price $50,000 $17 Per Sq Ft

Est. 567% increase in value since last sale

Current estimated payment $1,896/month

19 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • No HOA
  • Open Floorplan
  • Main Floor Primary Bedroom
  • Covered Patio or Porch

About This Home

As of January 2014

Your own private retreat! This home offers three bedrooms, two baths on an acre. Full open basement with kitchen, Living room and bedrooms. Upstairs features a master suite and walk out leading to your own in the ground pool. Very private setting. Come see today!!

Last Agent to Sell the Property

Wayne Sherlin

Sherlin Realty Group Listed on: 11/28/2013

Last Buyer's Agent

Barbara Carver

Coldwell Banker Nelson Realtor License #261221

Coldwell Banker Nelson Realtor

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $703

Year Built

  • Built in 1985

Lot Details

  • 1.6 Acre Lot

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • 2,880 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Family Room
  • Dining Room
  • No Kitchen Appliances
  • Washer and Gas Dryer Hookup
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Outdoor Features

  • In Ground Pool
  • Deck
  • Covered Patio or Porch
  • Outbuilding

Schools

  • Benton Elementary School
  • Chilhowee Middle School
  • Polk County High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 055 008.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$703

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.6
  • Lot Size: 1.6
  • Subdivision Name: None
  • Directions: Head southeast on Hwy 64 E, left onto Welcome Valley Rd Destination will be on the left
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Living Area: 2880.0
  • New Construction: No
  • Year Built: 1985
  • Cooling:Electric: Yes
  • Percent Basement Finished: Yes
  • Location Tax and Legal Parcel Number2: 055 008.00
  • Location Tax and Legal Elementary School: Benton Elementary
  • Location Tax and Legal Middle Or Junior School2: Chilhowee Middle
  • Location Tax and Legal High School: Polk County High School
  • Location Tax and Legal:Tax Annual Amount: 703.0
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Grazing Permits BLM YN3: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 1.6
  • General Property Information Lot Size Square Feet2: 69696.0
  • General Property Information Lot Size Dimensions: 1.6
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Interior Features Tub Shower Combo: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Pool Features In Ground: Yes
  • Other Structures:Out Building: Yes
  • Brick and Stone Features All Brick: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Water Source:Well: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: None
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Open Floorplan, Primary Downstairs, Tub/shower Combo, Walk-In Closet(s)
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:None2: Yes

Exterior Features

  • Pool Features: In Ground
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick
  • Other Structures: Outbuilding
  • Patio And Porch Features: Covered, Deck, Patio
  • Roof: Metal
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Covered: Yes
  • ConstructionSiding:Roof Metal: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • General Property Information:Garage YN: No
  • Parking Features:Off Street: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Benton Elementary
  • High School: Polk County High School
  • Middle Or Junior School: Chilhowee Middle

Lot Info

  • Lot Size Sq Ft: 69696.0
  • Additional Parcels: No
  • Parcel #: 055 008.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 703.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2013
Closed on
Jan 10, 2014
Sold by
Citibank Na Trustee
Bought by
Speegle Kendall O
Seller's Agent
Wayne Sherlin
Sherlin Realty Group
Buyer's Agent
Barbara Carver
Coldwell Banker Nelson Realtor
List Price
$54,450
Sold Price
$50,000
Premium/Discount to List
-$4,450
-8.17%
Current Estimated Value
$333,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,283
Avg. Annual Appreciation
17.75%

Purchase Details

Closed on
Oct 31, 2013
Bought by
Jpmorgan Chase Bank

Purchase Details

Closed on
Sep 24, 2004
Bought by
Hollifield Roark Amy Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.71%

Purchase Details

Closed on
Feb 20, 2004
Bought by
Hollifield Jack and Hollifield Shirley

Purchase Details

Closed on
Dec 16, 2002
Bought by
First Tennessee Bank Na

Purchase Details

Closed on
Jul 30, 1991
Bought by
Stohldrier Rhonda

Purchase Details

Closed on
Jun 8, 1990
Bought by
Rogers Randy L

Purchase Details

Closed on
Feb 13, 1984
Bought by
Rogers Randy L and Rogers Bridgett A
Source: Public Records

Range of Values:

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Average Value
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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
Speegle Kendall O $53,550 --
Jpmorgan Chase Bank $55,400 --
Citibank Na Trustee $55,414 --
Hollifield Roark Amy Irene $79,500 --
Hollifield Jack $79,500 --
First Tennessee Bank Na $23,593 --
Stohldrier Rhonda -- --
Rogers Randy L -- --
Rogers Randy L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Paul K $15,000
Previous Owner Hollifield Roark Amy Irene $144,500
Previous Owner Roark Amy I $35,000
Previous Owner Roark Amy I $85,000
Previous Owner Roark Amy H $80,500
Previous Owner Vancor Richard D $23,000
Previous Owner Vancor Richard D $66,041
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2014 01/17/14 Sold $50,000 -8.2% $17 / Sq Ft
12/16/2013 12/16/13 Pending -- -- --
11/27/2013 11/27/13 For Sale $54,450 -- $19 / Sq Ft
Source: Greater Chattanooga REALTORS®

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 $993 $58,750 $3,300 $55,450
2023 $993 $58,750 $0 $0
2022 $747 $29,725 $3,300 $26,425
2021 $747 $29,725 $3,300 $26,425
2020 $747 $29,725 $3,300 $26,425
2019 $747 $29,725 $3,300 $26,425
2018 $748 $29,775 $3,300 $26,475
2017 $765 $30,350 $3,550 $26,800
2016 $729 $30,350 $3,550 $26,800
2015 $729 $30,350 $3,550 $26,800
2014 $729 $30,339 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2014

    Wayne Sherlin

    Sherlin Realty Group

  • B

    Buyer's Agent in 2014

    Barbara Carver

    Coldwell Banker Nelson Realtor

    (865) 982-0500

    80 Total Sales

    Barbara Carver
    Section Image

  • J

    Buyer's Agent in 2014

    JERRY GILREATH

    DON SLAUGHTER REALTOR

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1203771

Greater Chattanooga REALTORS®

APN: 055-008.00

Tennessee Polk County Benton 37307

1387 Welcome Valley Rd, Benton, TN

This home is located at 1387 Welcome Valley Rd, Benton, TN 37307 since 28 November 2013 and is currently estimated at $333,283, approximately $115 per square foot. This property was built in 1985. 1387 Welcome Valley Rd is a home located in Polk County.

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