NOT LISTED FOR SALE

1529 Salem Loop Rd Greenback, TN 37742

Estimated Value: $247,000 - $872,000

2 Beds
1 Bath
832 Sq Ft
$747/Sq Ft Est. Value

Last Sold May 11, 2023

Last sale price $560,000 $673 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,263/month

27 Days on Market

Highlights

  • Barn
  • 15.09 Acre Lot
  • Wood Flooring
  • View of Trees or Woods
  • Private Lot
  • No HOA

About This Home

As of May 2023

Discover this charming 2-bedroom, 1-bath cabin, loft barn, and storage building, all nestled on 15 acres of serene East Tennessee property. Located on a quaint rural country road and surrounded by farms, this peaceful retreat neighbors a 1,000+ acre property with a conservation easement.

While the cabin does require some remodeling to realize its full potential, it presents a unique opportunity for buyers to create their dream home, an overnight rental, or even build a second home on top of the hill at the rear of the property, which boasts fantastic mountain views. The property features rolling pastures and mature trees, creating a picturesque setting.

Conveniently situated just a 15-minute drive from downtown Maryville, this rare find is perfect for those seeking a project with immense rewards. The property currently enjoys greenbelt status, providing a favorable tax rate. Professional photos are on their way—don't miss out on this exceptional opportunity! No mobile/modular homes. Residential use only. Owner Financing Considered.

Last Agent to Sell the Property

Harry McIntosh

LeConte Realty, LLC License #306574 Listed on: 04/03/2023

Last Buyer's Agent

Julie Nelson

Coldwell Banker Nelson Realtor License #005278

Coldwell Banker Nelson Realtor

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $352

Year Built

  • Built in 1953

Lot Details

  • 15.09 Acre Lot
  • Private Lot
  • Lot Has A Rolling Slope

Parking

  • Off-Street Parking

Property Views

  • Woods
  • Mountain
  • Countryside Views
  • Forest

Home Design

  • Log Cabin
  • Log Siding

Interior Spaces

  • 832 Sq Ft Home
  • Brick Fireplace

Kitchen

  • Eat-In Kitchen
  • No Kitchen Appliances

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop

Schools

  • Union Grove Middle School
  • William Blount High School

Farming

  • Barn

Utilities

  • No Cooling
  • No Heating
  • Well
  • Septic Tank
  • Internet Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 077 001.02

Home Details

Home Type

Single Family

Est. Annual Taxes

$352

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Directions: From downtown Maryville take 321 West, drive 1.3 miles to left onto Foothills Mall Dr, right onto Morganton Rd. In 5.5 miles turn right onto Walker Rd, left onto Salem Loop Rd. Property on left. Sign on property.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1953
  • Lot Size Acres: 15.09
  • Architectural Style: Cabin, Log
  • Property Attached Yn: No
  • Lot Description:Rolling Slope: Yes
  • View:Mountain View: Yes
  • View:Wooded2: Yes
  • Contract Info:List PriceSqFt2: 661.05
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 832.0
  • 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
  • Floors:Hardwood: Yes
  • Floors:Vinyl: Yes
  • Dining Area:Eat-in Kitchen: Yes
  • Misc Features:Internet Available: Yes
  • Lot Description:Private: Yes
  • Outbuildings:Detached Workshop: Yes
  • Cooling:None12: Yes
  • Heat:None13: Yes
  • Outbuildings:Barn: Yes
  • Style:Log3: Yes
  • Siding:Log2: Yes
  • Special Features: None

Interior Features

  • Appliances: None
  • Has Basement: None
  • Fireplace: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Brick
  • Fireplaces: 1
  • Flooring: Hardwood, Vinyl
  • Appliances:None17: Yes
  • Fireplace:Brick3: Yes
  • Basement:None14: Yes

Exterior Features

  • Exterior Features: Patio, Porch - Covered
  • View: Mountain View, Country Setting, Wooded
  • Lot Features: Private, Rolling Slope
  • Construction Type: Log
  • Other Structures: Barn(s), Workshop
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Patio: Yes
  • Construction:Log: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Sewer Septic Tank: Yes
  • Water Well: Yes

Schools

  • High School: William Blount
  • Middle Or Junior School: Union Grove

Lot Info

  • Lot Size Sq Ft: 657320.4
  • Parcel #: 077 001.02
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 351.98

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2023
Closed on
May 9, 2023
Sold by
Knippen Declaration Of Trust
Bought by
Tinker Enterprises Inc
Seller's Agent
Harry McIntosh
LeConte Realty, LLC
Buyer's Agent
Julie Nelson
Coldwell Banker Nelson Realtor
List Price
$550,000
Sold Price
$560,000
Premium/Discount to List
$10,000
1.82%
Views
115
Current Estimated Value
$621,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,906
Avg. Annual Appreciation
3.94%

Purchase Details

Closed on
Oct 2, 2003
Bought by
Knippen Jay Terry and Knippen Sandra Jeanne
Source: Public Records
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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
Tinker Enterprises Inc $560,000 None Listed On Document
Knippen Jay Terry $158,400 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2023 05/11/23 Sold $560,000 +1.8% $673 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
04/03/2023 04/03/23 For Sale $550,000 -- $661 / Sq Ft
Source: East Tennessee REALTORS® MLS

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 $357 $22,425 $18,475 $3,950
2024 $357 $22,425 $18,475 $3,950
2023 $357 $22,425 $18,475 $3,950
2022 $352 $14,250 $11,750 $2,500
2021 $352 $14,250 $11,750 $2,500
2020 $352 $14,250 $11,750 $2,500
2019 $352 $14,250 $11,750 $2,500
2018 $330 $13,375 $11,625 $1,750
2017 $330 $13,375 $11,625 $1,750
2016 $330 $13,375 $11,625 $1,750
2015 $288 $13,375 $11,625 $1,750
2014 $259 $13,375 $11,625 $1,750
2013 $259 $12,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1222604

East Tennessee REALTORS® MLS

APN: 077-001.02