NOT LISTED FOR SALE

1509 Low Gap Rd Sparta, TN 38583

Estimated Value: $501,000 - $604,000

4 Beds
2.5 Baths
2,300 Sq Ft
$236/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $530,000 $230 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,946/month

Highlights

  • Barn
  • Spa
  • RV Access or Parking
  • Horse Property
  • Home fronts a creek
  • Newly Painted Property

About This Home

As of February 2024

Nestled on 5.15 unrestricted acres in Sparta, this home offers the serenity of your very own creek and spring.Inside, you'll find spacious living- 4 large bedrooms, 2.5 bathrooms, and office.The hardwood floors, vinyl floors, and plush carpeting add a touch of luxury, while the jet tub and walk-in closets provide comfort and convenience.Step outside onto the extra-large covered back deck, where you can soak in the country views.The covered front porch is perfect for morning coffee or evening sunsets, and the circle driveway offers convenient access. The fire pit area is perfect for gatherings, and on cooler nights, cozy up by the gas log fireplace inside.This property also features several outbuildings for all your storage needs.For those who appreciate a solid foundation, the 1300 sqft basement with ICF poured walls ensures extra stability and temperature regulation.Full basement is ready to be finished to add potential theater room, bedrooms home gym, and bathrooms.

Last Agent to Sell the Property

Robbie Porter

The Real Estate Collective Sparta Brokerage Phone: 9318378371 License #358204 Listed on: 01/08/2024

Last Buyer's Agent

Madison Summers

The Real Estate Collective Sparta License #368610

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,137

Year Built

  • Built in 2004

Lot Details

  • 5.15 Acre Lot
  • Home fronts a creek
  • Landscaped with Trees

Home Design

  • Newly Painted Property
  • Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,300 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Laundry on main level
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Spa Bath

Parking

  • Detached Garage
  • RV Access or Parking

Outdoor Features

  • Spa
  • Horse Property

Farming

  • Barn

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 023.03

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,137

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Attribution Contact: 9318378371
  • Directions: From WCCH: Head east on Bockman Way, continue on Crossville Highway, then right on Old Bon Air Rd, right on Low Gap Rd. Home will be on the left.
  • Unit Levels: Two
  • Prop. Type: Residential
  • Year Built: 2004
  • Property Sub Type: Site Built
  • Horses: Yes
  • Lot Size Acres: 5.15
  • Lot Size: 5.15 acres
  • Subdivision Name: None
  • Half Bathrooms: 1
  • Carport Y N: No
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Refrigerator, Electric Range, Microwave
  • Flooring: Hardwood, Tile
  • Interior Amenities: New Paint, Ceiling Fan(s), Walk-In Closet(s)
  • Spa Features: Bath
  • Private Spa: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: One, Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2300
  • Window Features: Double Pane Windows

Exterior Features

  • Exterior Features: Horses Allowed
  • Roof: Metal
  • Lot Features: Horse Property, Trees
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: Creek
  • Construction Type: Frame, Vinyl Siding
  • Other Structures: Barn(s)
  • Patio And Porch Features: Covered, Deck

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Access/Parking, Detached

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers, Volunteer Electric
  • Heating: Natural Gas, Central
  • Sewer: Septic Tank
  • Gas Company: MTNG
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Natural Gas Connected, Cable Connected
  • Water Source: Public, BonDeCroft

Condo/Co-op/Association

  • Association: No

Lot Info

  • Farm Land Area Units: Square Feet
  • Parcel #: 023.03
  • Irrigation Water Rights: No

Tax Info

  • Tax Annual Amount: 1137.24
  • Tax Map Number: 070

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2024
Closed on
Feb 22, 2024
Sold by
Pionke Wayne and Pionke Sarah
Bought by
Walloch Morgan and Eubanks James Allen
Seller's Agent
Robbie Porter
The Real Estate Collective Sparta
Buyer's Agent
Madison Summers
The Real Estate Collective Sparta
List Price
$530,000
Sold Price
$530,000
Views
62
Current Estimated Value
$542,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,606
Avg. Annual Appreciation
1.29%
Original Mortgage
$180,000
Outstanding Balance
$176,497
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$366,109

Purchase Details

Listed on
Mar 24, 2017
Closed on
Feb 12, 2018
Sold by
Floyd Shaun T
Bought by
Pionke Wayne and Pionke Sarah
Seller's Agent
Elijah Castelli
Elevate Real Estate
Buyer's Agent
Elijah Castelli
Elevate Real Estate
Sold Price
$214,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.18%
Original Mortgage
$171,600
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2003
Sold by
James Geszvain and James Virginia
Bought by
Floyd Shaun T

Purchase Details

Closed on
Mar 23, 1998
Sold by
Eric Holman and Eric Debbie
Bought by
Gesvain James A and Gesvain Virginia

Purchase Details

Closed on
Sep 29, 1997
Sold by
Tenn Land & Capital
Bought by
Eric Holman and Eric Debbie

Purchase Details

Closed on
Sep 15, 1997
Sold by
Tennessee Land & Capital
Bought by
Pamela Crawford

Purchase Details

Closed on
Apr 8, 1997
Bought by
Land Tennessee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Walloch Morgan $530,000 None Listed On Document
Walloch Morgan $530,000 None Listed On Document
Pionke Wayne $214,500 None Available
Floyd Shaun T $20,000 --
Gesvain James A $15,000 --
Eric Holman $12,500 --
Pamela Crawford $12,500 --
Land Tennessee $20,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walloch Morgan $180,000
Closed Walloch Morgan $180,000
Previous Owner Pionke Wayne $171,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/23/2024 02/23/24 Sold $530,000 0.0% $230 / Sq Ft
01/08/2024 01/08/24 For Sale $530,000 +147.1% $230 / Sq Ft
02/12/2018 02/12/18 Sold $214,500 0.0% $84 / Sq Ft View Prior Sale
01/01/1970 01/01/70 Off Market $214,500 -- --
Source: Upper Cumberland Association of 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
2025 $1,137 $133,900 $0 $0
2024 $1,137 $55,475 $14,300 $41,175
2023 $1,137 $55,475 $14,300 $41,175
2022 $1,137 $55,475 $14,300 $41,175
2021 $1,137 $55,475 $14,300 $41,175
2020 $1,137 $55,475 $14,300 $41,175
2019 $999 $48,725 $12,625 $36,100
2018 $990 $48,725 $12,625 $36,100
2017 $990 $48,275 $12,625 $35,650
2016 $990 $48,275 $12,625 $35,650
2015 $893 $48,275 $12,625 $35,650
2014 -- $48,275 $12,625 $35,650
2013 -- $46,725 $12,625 $34,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Cumberland Association of REALTORS®

MLS Number: 225058

Upper Cumberland Association of REALTORS®

APN: 070-023.03