NOT LISTED FOR SALE

1525 Bruce Gap Rd Caryville, TN 37714

Estimated Value: $116,000 - $277,000

1 Bed
1.5 Baths
1,378 Sq Ft
$145/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $100,000 $73 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $900/month

1 Day on Market

Highlights

  • Guest House
  • Wood Burning Stove
  • 1 Fireplace
  • Mountain View
  • Main Floor Primary Bedroom
  • Sun or Florida Room

About This Home

As of April 2024

* The last deal fell through due to no fault of the home or sellers * Are you in search of an investment opportunity? I've got precisely what you're seeking! This home is conveniently located near ATV trails, just a brief 3-minute ATV ride along an ATV approved road - no trailering required! Additionally, it's a mere 3 minutes away from the interstate - I-75, making it an excellent option for short-term or long-term rentals. Currently, the house consists of one bedroom, but there's ample room to easily add a second or even a third bedroom. The kitchen, living room, and family room are all generously sized. Originally the structure started as a mobile home, but you'd never guess its origins from the interior. It underwent a complete renovation, with a complete overhaul that took place in the late 90s, right down to the bare studs. The only remaining aspect of the mobile home is the metal frame underneath, which is why this will be a cash-only sale. Situated on nearly half an acre of land, there's another building on the property that was formerly used as a dog grooming business. This 288 sqft structure could serve as additional sleeping quarters, storage space, or even accommodate another small business. The possibilities for this property are truly endless! You'll find yourself just minutes away from Cove Lake State Park, Norris Lake, ATV trails, and the interstate, with downtown Knoxville only a 30-minute drive away. Come discover what East Tennessee mountains have to offer. Don't miss out - call today to schedule your private tour!

Last Agent to Sell the Property

Gage Dople

Wallace License #362622 Listed on: 04/05/2024

Wallace

Last Buyer's Agent

Kim Isenberg

Realty Executives Associates License #264004

Realty Executives Associates

Property Details

Home Type

  • Manufactured Home

Year Built

  • Built in 1970

Lot Details

  • 0.49 Acre Lot
  • Level Lot
  • Irregular Lot

Parking

  • Off-Street Parking

Property Views

  • Mountain Views
  • Countryside Views

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,378 Sq Ft Home
  • 1 Fireplace
  • Wood Burning Stove
  • Vinyl Clad Windows
  • Aluminum Window Frames
  • Family Room
  • Sun or Florida Room
  • Crawl Space
  • Eat-In Kitchen

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Utilities

  • Zoned Heating and Cooling System
  • Internet Available

Additional Features

  • Separate Outdoor Workshop
  • Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 120B A 005.00

Property Details

Home Type

Manufactured Home

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Directions: Take exit 134 from I-75. Turn L oto TN-63. Travel 0.6 miles then turn R onto Bruce Gap Rd. Property is on the R with SOP. GPS is accurate.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1970
  • Lot Size Acres: 0.49
  • Architectural Style: Manufactured
  • Property Attached Yn: No
  • View:Mountain View: Yes
  • Lot Description:Irregular Lot: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 1378.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: No
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: No
  • AtchdDtchd Type:Detached: Yes
  • Siding:Vinyl2: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Dining Area:Eat-in Kitchen: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Floors:Laminate: Yes
  • Floors:Tile2: Yes
  • Style:Manufactured: Yes
  • Outbuildings:Detached Workshop: Yes
  • Outbuildings:Guest House: Yes
  • Special Features: None

Interior Features

  • Appliances: None
  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Wood Burning Stove
  • Fireplaces: 1
  • Flooring: Laminate, Vinyl, Tile
  • Basement:Crawl Space: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Sunroom: Yes
  • Appliances:None17: Yes
  • Fireplace:Wood Burning Stove: Yes

Exterior Features

  • Exterior Features: Windows - Aluminum, Windows - Vinyl
  • View: Mountain View, Country Setting
  • Lot Features: Irregular Lot, Level
  • Construction Type: Vinyl Siding, Frame
  • Other Structures: Workshop, Guest House
  • Construction:Frame: Yes
  • Exterior Features:Windows - Vinyl: Yes
  • Exterior Features:Windows - Aluminum: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off-Street Parking
  • GarageParking:Off-Street Parking: Yes

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 21344.4
  • Parcel #: 120B A 005.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2024
Closed on
Apr 12, 2024
Sold by
Lindsay Sonia and Lawson Richard
Bought by
Comaromi Ionel and Comaromi Jennalee Carra
Seller's Agent
Gage Dople
Wallace
Buyer's Agent
Kim Isenberg
Realty Executives Associates
List Price
$115,000
Sold Price
$100,000
Premium/Discount to List
-$15,000
-13.04%
Views
27
Current Estimated Value
$158,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,045
Avg. Annual Appreciation
5.79%

Purchase Details

Closed on
Apr 12, 2019
Sold by
Lawson Leon and Lawson Wilma Louise
Bought by
Lindsay Sonia and Lawson Richard

Purchase Details

Closed on
May 27, 1977
Bought by
Lawson Leon and Wilma Louise
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
Comaromi Ionel $100,000 Troutman Title
Lindsay Sonia -- None Available
Lawson Leon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robert Lay $58,157
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Sold $100,000 -13.0% $73 / Sq Ft
04/07/2024 04/07/24 Pending -- -- --
04/05/2024 04/05/24 For Sale $115,000 -- $83 / 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
2024 -- $35,800 $6,025 $29,775
2023 $415 $20,100 $4,900 $15,200
2022 $92 $20,100 $4,900 $15,200
2021 $92 $20,100 $4,900 $15,200
2020 $90 $20,100 $4,900 $15,200
2019 $355 $20,100 $4,900 $15,200
2018 $353 $18,300 $4,325 $13,975
2017 $353 $18,300 $4,325 $13,975
2016 $353 $18,300 $4,325 $13,975
2015 $364 $18,300 $4,325 $13,975
2014 -- $18,300 $4,325 $13,975
2013 -- $18,300 $4,325 $13,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1258257

East Tennessee REALTORS® MLS

APN: 120B-A-005.00