NOT LISTED FOR SALE

1480 Reagan Valley Rd Tellico Plains, TN 37385

Estimated Value: $237,000 - $298,561

5.02 Acres
$52,418 Price per Acre
218,671 Sq Ft Lot

Last Sold July 13, 2017

Last sale price $35,000

Est. 652% increase in value since last sale

Current estimated payment $1,499/month

Highlights

  • Mountain View
  • Cul-De-Sac
  • Lot Has A Rolling Slope

About This Lot

As of July 2017

MLS# 20172771. Top of the mountain with big views and complete privacy in this secure planned development with underground power to each site, city water, high speed internet and paved roads. Originally 12 estate parcels, few remain. Convenient to Tellico Plains and Madisonville, but out in the beautiful countryside.

Last Agent to Sell the Property

David Fankhauser

Skyway Realty Land & Homes License #268426 Listed on: 05/19/2017

Last Buyer's Agent

David Fankhauser

Skyway Realty Land & Homes License #268426 Listed on: 05/19/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $992

Lot Details

  • 5.02 Acre Lot
  • Cul-De-Sac
  • Lot Has A Rolling Slope
  • Finished Lot(s)

HOA Fees

  • $25 Monthly HOA Fees

Property Views

  • Mountain Views

Community Details

  • Red Mountain Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 116 022.07

Property Details

Property Type

Land

Est. Annual Taxes

$992

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Directions: From Tellico Plains, take Fairview Rd, then take left on Reagan Valley Rd to the property on left. You will see 3 rail fence and gate. Call Agent for gate combo. Through the gate, take left road and go to end. Property is on the right.
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 5.02
  • Lot Size: 5.02 ac
  • Subdivision Name: Red Mountain Cove
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountain View
  • Lot Features: Cul-De-Sac, Rolling
  • Topography: {"Partially Cleared":true}

Condo/Co-op/Association

  • Association Fee: 25.0
  • Association Fee Frequency: Monthly

Lot Info

  • Lot Size Sq Ft: 218671.2
  • Parcel #: 116 022.07
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2017
Closed on
Jul 13, 2017
Sold by
Carrandi Ivan and Cardonne Marlene
Bought by
Anderson Teresa J
Seller's Agent
David Fankhauser
Skyway Realty Land & Homes
Buyer's Agent
David Fankhauser
Skyway Realty Land & Homes
Sold Price
$35,000
Current Estimated Value
$263,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,140
Avg. Annual Appreciation
27.78%

Purchase Details

Closed on
Nov 8, 2007
Bought by
Carrandi Ivan Marlene
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
Anderson Teresa J $35,000 None Available
Carrandi Ivan Marlene $79,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2017 07/13/17 Sold $35,000 -- --
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
2024 $992 $65,175 $19,900 $45,275
2023 $992 $65,175 $19,900 $45,275
2022 $1,314 $58,675 $8,850 $49,825
2021 $1,314 $58,675 $8,850 $49,825
2020 $1,314 $58,675 $8,850 $49,825
2019 $1,162 $58,675 $8,850 $49,825
2018 $1,162 $58,675 $8,850 $49,825
2017 $134 $6,400 $6,400 $0
2016 $134 $6,400 $6,400 $0
2015 $134 $6,400 $6,400 $0
2014 $134 $6,393 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1003256

East Tennessee REALTORS® MLS

APN: 116-022.07