NOT LISTED FOR SALE

155 Bailey Hollow Rd Erwin, TN 37650

Banner Hill Neighborhood

Estimated Value: $376,000 - $438,000

3 Beds
2 Baths
1,620 Sq Ft
$246/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $230,000 $142 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,217/month

57 Days on Market

Highlights

  • Barn
  • Creek or Stream View
  • Cooling Available
  • 2.5 Acre Lot
  • Heated Sun or Florida Room
  • Living Room

About This Home

As of August 2020

Beautiful setting for this 3 bedroom 2 bath home on 2 1/2 acres, just outside the city. Home features large rooms throughout. Living room (12 X 14), Dining room (12 x 14). Kitchen has gas range, dishwasher, refrigerator and tile counter tops. Custom built cabinets. Sunroom with tile floors and lots of windows. Master bedroom is a huge 16 x 18 w/double closet. 2 full baths, one with shower only and one with tub and shower. New heat pump added within the past month. Gas heat and gas water heater. Attic fan. 2 car oversized garage with wood stove, storage, cabinets and freezer. Pantry with lots of shelves. Large outbuilding with electricity, divided into two sections, one for storage and one for woodworking. Two 2 car carports and barn. Small creek along side of the property. Fruit orchard off to the side of the lot with peach trees. Paved drive. Great location.

Last Agent to Sell the Property

Lena Falls

Realty Solutions License #248302 Listed on: 05/14/2020

Last Buyer's Agent

Thomas House

REMAX Checkmate, Inc. Realtors License #352409

REMAX Checkmate, Inc. Realtors

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1995

Lot Details

  • 2.5 Acre Lot
  • Level Lot
  • Cleared Lot
  • Property is in good condition
  • Property is zoned RS

Parking

  • Carport

Home Design

  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,620 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Heated Sun or Florida Room
  • Sun or Florida Room
  • Creek or Stream Views
  • Home Security System

Kitchen

  • Gas Range
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Shed
  • Outbuilding

Farming

  • Barn

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Private Sewer
  • Cable TV Available

Community Details

  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 031o C 003.01

Home Details

Home Type

Single Family

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Directions: I-26 to Jackson Love Exit take Jackson Love Hwy. heading toward Erwin. Turn Right onto Love Station Rd. Right onto Chestoa Pike then left onto Bailey Hollow Rd. The home is on the left. Sign and pointer signs
  • Prop. Type: Residential
  • Year Built: 1995
  • Property Sub Type: Single Family Residence
  • Bathroom 1 Level: First
  • Bathroom 2 Level: First
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • ResoSecurityFeatures: Security System
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 2.5
  • General Property Description Zoning2: RS
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • General Property Description Lot Dimensions: 2.5 Acres
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1620.0
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • General Property Description Parcel ID2: 031o C 003.01
  • Style Ranch: Yes
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • General Property Description Stories2: 1
  • Other Structures Outbuilding: Yes
  • Other Structures Shed(s): Yes
  • Roof Composition: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Other Rooms Laundry: Yes
  • Utilities Cable Connected: Yes
  • TopographyLot Description Cleared: Yes
  • View CreekStream: Yes
  • Flooring Vinyl: Yes
  • Other Structures Barn(s): Yes
  • Foundation Slab: Yes
  • Rooms Living Room2: Yes
  • Primary Bedroom Level: First
  • Sewer Private Sewer: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Security Features:Security System2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Entrance Foyer, Laminate Counters
  • Window Features: Insulated Windows
  • Bedroom 3 Level: First
  • Sunroom Level: First
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • General Property Description Baths - Full: 2
  • Appliances Dishwasher: Yes
  • Interior Features:Laminate Counters: Yes
  • Interior Features:Entrance Foyer: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Sun Room - Heated: Yes
  • Appliances:Gas Range: Yes
  • Other Rooms:Sunroom: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Composition
  • Other Structures: Barn(s), Outbuilding, Shed(s)
  • View: Creek/Stream
  • Acres: 2.5
  • Topography: Cleared, Level
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Exterior Finish Vinyl Siding: Yes
  • Window Features:Insulated Windows: Yes

Garage/Parking

  • Parking Features: Deeded, Asphalt, Carport
  • Attached Garage: No
  • Parking Features:Asphalt2: Yes
  • Parking Features:Carport: Yes
  • Parking Features:Parking Spaces: Yes

Utilities

  • Heating: Heat Pump, Natural Gas
  • Sewer: Private Sewer
  • Utilities: Cable Connected
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Heating:Natural Gas2: Yes

Lot Info

  • Zoning: RS
  • Lot Dimensions: 2.5 Acres
  • Lot Size Sq Ft: 108900.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 031o C 003.01
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2020
Closed on
Aug 14, 2020
Sold by
Brown Talmadge and Brown Velma F
Bought by
Wood Jeffrey Byron
Seller's Agent
Lena Falls
Realty Solutions
Buyer's Agent
Thomas House
REMAX Checkmate, Inc. Realtors
List Price
$250,000
Sold Price
$230,000
Premium/Discount to List
-$20,000
-8%
Current Estimated Value
$399,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,121
Avg. Annual Appreciation
10.75%
Original Mortgage
$207,000
Outstanding Balance
$182,443
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$216,678
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
Wood Jeffrey Byron $230,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wood Jeffrey Byron $207,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2020 08/14/20 Sold $230,000 -8.0% $142 / Sq Ft
07/11/2020 07/11/20 Pending -- -- --
05/14/2020 05/14/20 For Sale $250,000 -- $154 / Sq Ft
Source: Tennessee/Virginia Regional 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 $1,561 $59,800 $21,650 $38,150
2024 $1,561 $59,800 $21,650 $38,150
2023 $1,561 $59,800 $0 $0
2022 $1,406 $59,800 $21,650 $38,150
2021 $1,024 $35,875 $12,125 $23,750
2020 $963 $35,875 $12,125 $23,750
2019 $963 $35,875 $12,125 $23,750
2018 $963 $35,875 $12,125 $23,750
2017 $963 $35,875 $12,125 $23,750
2016 $962 $35,850 $12,200 $23,650
Source: Public Records

Agents Affiliated with this Home

  • Lena Falls

    Seller's Agent in 2020

    Lena Falls

    Realty Solutions

    (423) 328-4819

    1 in this area

    94 Total Sales

    Lena Falls
    Section Image

  • T

    Buyer's Agent in 2020

    Thomas House

    RE/MAX

    Section Image
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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9907938

Tennessee/Virginia Regional MLS

APN: 031O-C-00301-000

Tennessee Unicoi County Erwin 37650 Banner Hill

155 Bailey Hollow Rd, Erwin, TN

Not Listed for Sale

Detached

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