NOT LISTED FOR SALE

140 Mooresburg Springs Rd Mooresburg, TN 37811

Estimated Value: $243,210 - $314,000

84.23 Acres
$3,308 Price per Acre
3,669,059 Sq Ft Lot

Last Sold March 24, 2020

Last sale price $150,000 $170 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,506/month

154 Days on Market

Highlights

  • Barn
  • Creek or Stream View
  • Wooded Lot
  • 84.23 Acre Lot
  • Farm
  • No HOA

About This Lot

As of March 2020

Private 84.23 acre parcel with NO restrictions. Less than 5 minutes to Cherokee Lake! Several great building sites offering mountain views. Spring, creek, and electric on property. Several old buildings and barn are present. Numerous ATV trails on property. Ideal place to build a home, have a garden, and be able to hunt on your own property. Minutes off of Hwy 31 and less than a 10 minute drive to Highway 11W. Manufactured homes, mobile homes, tiny homes, RV's -- all are allowed. Call agent to accompany. Adjoining 66.97 acre parcel available.

Last Agent to Sell the Property

Amy Shrader

REMAX Real Estate Ten of Morristown License #324868 Listed on: 09/24/2019

REMAX Real Estate Ten of Morristown

Last Buyer's Agent

Non Member

Non Member

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $251

Lot Details

  • 84.23 Acre Lot
  • Steep Slope
  • Wooded Lot
  • Property is in average condition
  • Property is zoned Farm

Property Views

  • Creek or Stream Views

Farming

  • Barn
  • Farm
  • Pasture
  • Livestock

Utilities

  • Private Water Source
  • Septic Tank

Community Details

  • No Home Owners Association
  • Greenbelt

Listing and Financial Details

  • Assessor Parcel Number 121 007.00

Property Details

Property Type

Land

Est. Annual Taxes

$251

Lot Details

0

Listing Details

  • Directions: Highway 11W South to right on Hwy 31N. 2.3 miles to left on Mooresburg Springs. Approx 1 mile and turn right on Lura Rd. Property starts out mainly to left of gravel road and then opens up on both sides.
  • Prop. Type: Land
  • Road Surface Type: Paved
  • Road Frontage Type: 2 Lane Road
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 121 007.00
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 84.23
  • General Property Description Zoning2: Farm
  • General Property Description Elementary School3: Out Of Area
  • General Property Description Middle School2: Out Of Area
  • General Property Description High School3: Out Of Area
  • General Property Description Home Warranty: No
  • Utilities Electricity Available: Yes
  • View CreekStream: Yes
  • Lot Features Pasture4: Yes
  • Permitted Livestock: Yes
  • Property Condition Average: Yes
  • Other Structures Barn(s): Yes
  • Lot Features Rolling Slope2: Yes
  • Other Features Pasture5: Yes
  • Land Type Farm: Yes
  • Lot Features Steep Slope2: Yes
  • Water Private: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Property Condition: Average
  • Lot Features: Greenbelt, Pasture, Rolling Slope, Steep Slope, Wooded
  • Other Structures: Barn(s)
  • View: Creek/Stream
  • Acres: 84.23
  • Home Warranty: No
  • Lot Features:Wooded2: Yes
  • Lot Features:Greenbelt: Yes

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Private
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Out Of Area
  • High School: Out Of Area
  • Middle Or Junior School: Out Of Area

Lot Info

  • Zoning: Farm
  • Lot Dimensions: IRR
  • Lot Size Sq Ft: 3669058.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 121 007.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2019
Closed on
Mar 23, 2020
Sold by
Solomon Dale J and Costner Kimberly Solomon
Bought by
Whitley Jamie S and Whitley Meling M
Seller's Agent
Amy Shrader
REMAX Real Estate Ten of Morristown
Buyer's Agent
Non Member
Non Member
List Price
$184,900
Sold Price
$150,000
Premium/Discount to List
-$34,900
-18.88%
Current Estimated Value
$278,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,605
Avg. Annual Appreciation
9.26%

Purchase Details

Closed on
Nov 15, 1985
Bought by
Solomon Lura Edna

Purchase Details

Closed on
Oct 4, 1968
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
Whitley Jamie S $150,000 None Available
Solomon Lura Edna -- --
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2020 03/24/20 Sold $150,000 -18.9% $170 / Sq Ft
02/25/2020 02/25/20 Pending -- -- --
09/23/2019 09/23/19 For Sale $184,900 -- $210 / 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 $251 $9,825 $9,825 --
2023 $228 $9,825 $0 $0
2022 $228 $9,825 $9,825 $0
2021 $213 $9,825 $9,825 $0
2020 $1,250 $9,825 $9,825 $0
2019 $1,250 $49,375 $48,700 $675
2018 $1,250 $49,375 $48,700 $675
2017 $1,250 $49,375 $48,700 $675
2016 $1,250 $49,375 $48,700 $675
2015 $1,217 $49,375 $48,700 $675
2014 $1,181 $47,900 $47,350 $550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 427633

Tennessee/Virginia Regional MLS

APN: 121-007.00