NOT LISTED FOR SALE

1516 Spring St Powell, TN 37849

Estimated Value: $131,134 - $240,000

0.23 Acre
$866,452 Price per Acre
10,424 Sq Ft Lot

Last Sold September 20, 2022

Last sale price $42,000 $50 Per Sq Ft

Est. 374% increase in value since last sale

Current estimated payment $1,081/month

About This Lot

As of September 2022

Building lot in the heart of Powell. This lot has an older 1930's home on property. Zoned CA with water, sewer & gas available.

Last Agent to Sell the Property

Laura Bailey

The Bailey Group, Realty Executives License #217619 Listed on: 09/07/2022

The Bailey Group, Realty Executives

Last Buyer's Agent

Laura Bailey

Realty Executives Associates, Inc.

Property Details

Property Type

  • Land

Lot Details

  • 10,424 Sq Ft Lot
  • Finished Lot(s)
  • Zoning described as None, Zoned Commercial

Listing and Financial Details

  • Assessor Parcel Number 056KC006

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Directions: I-75 N to Emory Rd exit 112, L/Emory R/Spring St lot on left.
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 0.23
  • Lot Size: 49x200xIrr
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Lot Size Sq Ft: 10424.0
  • Parcel #: 056KC006
  • Zoning Description: None, Zoned Commercial
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2022
Closed on
Sep 20, 2022
Sold by
Elkins Bart K and Elkins Cindy S
Bought by
Payne Cory L and Payne Alexandra D
Seller's Agent
Laura Bailey
The Bailey Group, Realty Executives
Buyer's Agent
Laura Bailey
Realty Executives Associates, Inc.
List Price
$50,000
Sold Price
$42,000
Premium/Discount to List
-$8,000
-16%
Current Estimated Value
$199,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,284
Avg. Annual Appreciation
60.52%

Purchase Details

Closed on
Oct 8, 2015
Sold by
Campbell Roy Kennetgh and Campbell Janet L
Bought by
Elkins Bart K and Elkins Cindy S

Purchase Details

Closed on
Jul 7, 2014
Sold by
Wooten Norma Jean
Bought by
Campbell Roy Kenneth and Campbell Janet I

Purchase Details

Closed on
Aug 27, 2007
Sold by
Bumgardner Wanda Lee
Bought by
Wooten Norma Jean
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Payne Cory L $42,000 None Listed On Document
Elkins Bart K $32,000 Attorney
Campbell Roy Kenneth $15,000 None Available
Wooten Norma Jean -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2022 09/20/22 Sold $42,000 -16.0% $50 / Sq Ft
09/07/2022 09/07/22 For Sale $50,000 -- $60 / Sq Ft
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
2025 $484 $31,125 $0 $0
2024 $484 $31,125 $0 $0
2023 $484 $31,125 $0 $0
2022 $484 $31,125 $0 $0
2021 $175 $8,250 $0 $0
2020 $175 $8,250 $0 $0
2019 $175 $8,250 $0 $0
2018 $175 $8,250 $0 $0
2017 $175 $8,250 $0 $0
2016 $186 $0 $0 $0
2015 $186 $0 $0 $0
2014 $186 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Laura Bailey

    Seller's Agent in 2022

    Laura Bailey

    The Bailey Group, Realty Executives

    (865) 599-1199

    113 in this area

    302 Total Sales

    Laura Bailey
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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1205225

East Tennessee REALTORS® MLS

APN: 056KC-006

Tennessee Knox County Powell 37849

1516 Spring St, Powell, TN

Not Listed for Sale

Lots

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

East Tennessee REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.

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