NOT LISTED FOR SALE

156 Gatewood Rd Surgoinsville, TN 37873

Estimated Value: $141,547 - $146,000

3 Beds
1 Bath
1,188 Sq Ft
$120/Sq Ft Est. Value

Last Sold April 12, 2017

Last sale price $64,500 $54 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $826/month

168 Days on Market

Highlights

  • No HOA
  • Paneling
  • Shed
  • Covered Patio or Porch
  • Cooling Available
  • Combination Kitchen and Dining Room

About This Home

As of April 2017

Motivated seller! Make an offer. Three bedroom one bath home in a great location with a partial finished addition. This home has an updated HVAC system, a wood stove, a large open kitchen, laundry on the main level, a nice covered shed and other outbuildings including a partial basement for storage. This home is on 1.96+/- acres with a nice level lot that boarders HWY 11W for potential commercial possibilities. You can drive across the property to HWy 11W or take Gatewood Rd. There is a nice well maintained house that sits across from this home to add to its value. This home needs some work and is being sold "as is" It will only qualify for a cash transaction or a conventional loan.

Last Agent to Sell the Property

BRIAN GIVENS

A Team Real Estate Professionals License #00314841 Listed on: 10/03/2016

Last Buyer's Agent

LARISSA WAY

Blue Ridge Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $563

Year Built

  • Built in 1942

Lot Details

  • 1.96 Acre Lot
  • Level Lot
  • Property is in below average condition

Parking

  • Gravel Driveway

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,188 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Combination Kitchen and Dining Room
  • Exterior Basement Entry

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Shed
  • Outbuilding

Schools

  • Surgoinsville Elementary And Middle School
  • Volunteer High School

Utilities

  • Cooling Available
  • Heating System Uses Wood
  • Heat Pump System
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 049.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$563

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Directions: From HWY 11W its the lot to the left of Pizza Plus in Surgoinsville. You can take drive off the Hwy or go to the next Rd and turn onto Gatewood then right to the home on the right. See large sign.
  • Prop. Type: Residential
  • Year Built: 1942
  • Property Sub Type: Single Family Residence
  • 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: 1.96
  • General Property Description Zoning2: R
  • General Property Description Elementary School3: Surgoinsville
  • General Property Description Middle School2: Surgoinsville
  • General Property Description High School3: Volunteer
  • Water Public: Yes
  • General Property Description Lot Dimensions: see acres
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1188.0
  • General Property Description Above Grade SqFt: 1188.0
  • TopographyLot Description Level2: Yes
  • General Property Description Parcel ID2: 049.00
  • Style Ranch: Yes
  • AC Heat Pump3: Yes
  • General Property Description Stories2: 1
  • Other Structures Outbuilding: Yes
  • Other Structures Shed(s): Yes
  • Interior Features KitchenDining Combo: Yes
  • Flooring Carpet: Yes
  • Flooring Vinyl: Yes
  • Walls Paneling: Yes
  • Other Structures Storage2: Yes
  • RoofAsphalt: Yes
  • Property Condition Below Average: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Has Basement: Exterior Entry
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Primary Downstairs, Kitchen/Dining Combo
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • General Property Description Baths - Full: 1
  • Basement:Exterior Entry: Yes
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Property Condition: Below Average
  • Roof: Asphalt
  • Other Structures: Outbuilding, Shed(s), Storage
  • Acres: 1.96
  • Topography: Level
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Back, Covered
  • Exterior Finish Brick4: Yes
  • Exterior Finish Vinyl Siding: Yes
  • PorchPatioDeck Back: Yes
  • PorchPatioDeck Covered: Yes

Garage/Parking

  • Parking Features: Gravel
  • Attached Garage: No
  • Parking Features:Gravel: Yes

Utilities

  • Heating: Heat Pump, Wood
  • Sewer: Septic Tank
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Wood: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Surgoinsville
  • High School: Volunteer
  • Middle Or Junior School: Surgoinsville

Lot Info

  • Zoning: R
  • Lot Dimensions: see acres
  • Lot Size Sq Ft: 85377.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 049.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 401

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2024
Sold by
Burton Amanda
Bought by
Burton Joyce Ann and Burton Joshua C
Current Estimated Value
$142,887

Purchase Details

Listed on
Oct 3, 2016
Closed on
Apr 12, 2017
Bought by
Burton Joyce Ann and Burton Joshua C
Seller's Agent
BRIAN GIVENS
A Team Real Estate Professionals
Buyer's Agent
LARISSA WAY
Blue Ridge Properties
List Price
$70,000
Sold Price
$64,500
Premium/Discount to List
-$5,500
-7.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.70%
Original Mortgage
$51,600
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2008
Sold by
Ferrell Tony A
Bought by
Ferrell Tony A

Purchase Details

Closed on
Jun 24, 1998
Sold by
Oscar Gatewood
Bought by
Tony Ferrell

Purchase Details

Closed on
Sep 10, 1982

Purchase Details

Closed on
Oct 6, 1964
Bought by
Gatewood Oscar and Gatewood Matilda

Purchase Details

Closed on
Jan 10, 1930
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
Burton Joyce Ann -- None Listed On Document
Burton Joyce Ann $64,500 --
Ferrell Tony A -- --
Tony Ferrell $45,000 --
-- -- --
Gatewood Oscar -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burton Joyce Ann $51,600
Previous Owner Ferrell Tony A $63,000
Previous Owner Ferrell Tony A $59,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2017 04/12/17 Sold $64,500 -7.9% $54 / Sq Ft
03/21/2017 03/21/17 Pending -- -- --
10/03/2016 10/03/16 For Sale $70,000 -- $59 / 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
2024 $563 $22,050 $3,925 $18,125
2023 $726 $22,050 $0 $0
2022 $724 $22,050 $3,925 $18,125
2021 $691 $22,050 $3,925 $18,125
2020 $658 $22,050 $3,925 $18,125
2019 $658 $17,625 $3,925 $13,700
2018 $658 $17,625 $3,925 $13,700
2017 $658 $17,625 $3,925 $13,700
2016 $658 $17,625 $3,925 $13,700
2015 $646 $17,625 $3,925 $13,700
2014 $748 $20,400 $3,925 $16,475
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 383456

Tennessee/Virginia Regional MLS

APN: 054-049.00