NOT LISTED FOR SALE

1597 Wallen Town Rd Kyles Ford, TN 37765

Estimated Value: $123,000 - $392,733

2 Beds
1 Bath
755 Sq Ft
$342/Sq Ft Est. Value

Last Sold June 09, 2017

Last sale price $277,000 $367 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $1,467/month

69 Days on Market

Highlights

  • Barn
  • Mountain View
  • Lake, Pond or Stream
  • 121 Acre Lot
  • Creek On Lot
  • Wooded Lot

About This Home

As of June 2017

Move in ready cabin on 121 acres. The locals call this property, ''The Promise Land''. Existing 1910 Cabin is ready for a resident. Use as a get-a-way retreat or build your new home on a high point of this farm and capture it's breathtaking views. Either way, you will have access to 121 acres of recreation and inspirational property. Suitable for livestock, ATV riding. Woodlands,pastures, year round spring fed creeks, bluffs, large waterfall, cave,pond,hilltops,privacy and most of all serenity, located on this property. Lovely 1 acre stocked pond. Barn, chicken coop, root cellar and 130 producing apple and pear trees. MATURE WOOD ON PROPERTY.Not logged to knowledge of present owners,come see these woods! 35 minutes to Rogersville, 90 miles to Knoxville, 95 miles to Gatlinburg.

Last Agent to Sell the Property

Terri Gates

Lake Homes Realty License #325746 Listed on: 01/28/2017

Last Buyer's Agent

Kimberly Young

Creek Country Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $738

Year Built

  • Built in 1910

Lot Details

  • 121 Acre Lot
  • Wooded Lot

Property Views

  • Mountain
  • Countryside Views
  • Forest

Home Design

  • Cabin
  • Wood Siding

Interior Spaces

  • 755 Sq Ft Home
  • 1 Fireplace
  • Crawl Space
  • Home Security System
  • Microwave

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Creek On Lot
  • Lake, Pond or Stream
  • Covered Patio or Porch

Farming

  • Barn

Listing and Financial Details

  • Assessor Parcel Number 012 005.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$738

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Directions: From Rogersville, TN head east on 11W for 1.7 miles to (L) on Highway 70 N/TN-70 fir 5.28 mi. Stay (R) to stay on Hwy 70 . Continue N for 11.3 miles to (R) on Kyles Ford Hwy/TN-33. Kyles Ford Hwy is 0.2 miles past Horton Ford Rd If you reach Alder Rd you've gone a little too far. Take the 1st left onto Wallen Town Rd. If you reach Martha Joe Ln you've gone about 0.5 miles too far Then 1.47 miles Turn right to stay on Wallen Town Rd.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1910
  • Lot Size Acres: 121.0
  • Lot Size: IRR
  • Architectural Style: Cabin
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Security Alarm, Refrigerator, Microwave
  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Flooring: Hardwood, Vinyl

Exterior Features

  • Exterior Features: Porch - Covered
  • View: Mountain View, Country Setting, Wooded
  • Lot Features: Creek, Pond, Wooded
  • Construction Type: Wood Siding
  • Other Structures: Barn(s)

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Lot Info

  • Lot Size Sq Ft: 5270760.0
  • Parcel #: 012 005.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2017
Closed on
Jun 9, 2017
Sold by
Lemay Michael E
Bought by
Correa Arcadio
Seller's Agent
Terri Gates
Lake Homes Realty
Buyer's Agent
Kimberly Young
Creek Country Real Estate
Sold Price
$277,000
Current Estimated Value
$257,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,133
Avg. Annual Appreciation
-2.85%
Original Mortgage
$190,500
Outstanding Balance
$105,385
Interest Rate
4.05%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$113,072

Purchase Details

Closed on
Jul 16, 2015
Sold by
Lemay Michael E
Bought by
Lemay Family Trust

Purchase Details

Closed on
Apr 6, 2006
Bought by
Hileman Lisa

Purchase Details

Closed on
Aug 2, 2005
Sold by
Not Provided
Bought by
Marie Johnson Mack and Marie Nettie

Purchase Details

Closed on
Jul 17, 1998
Bought by
Johnson Wiley

Purchase Details

Closed on
Jan 1, 1962
Bought by
Hall Eva
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
Correa Arcadio $277,000 --
Lemay Family Trust -- --
Hileman Lisa $35,000 --
Marie Johnson Mack -- --
Johnson Wiley $20,000 --
Hall Eva -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Correa Arcadio $190,500
Previous Owner Lemay Michael E $62,045
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2017 06/09/17 Sold $277,000 -- $367 / 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 $738 $33,250 $22,950 $10,300
2023 $738 $33,250 $22,950 $10,300
2022 $738 $33,250 $22,950 $10,300
2021 $552 $24,875 $19,750 $5,125
2020 $552 $24,875 $19,750 $5,125
2019 $552 $24,875 $19,750 $5,125
2018 $552 $24,875 $19,750 $5,125
2017 $225 $24,875 $19,750 $5,125
2016 $194 $8,725 $4,550 $4,175
2015 $194 $8,725 $4,550 $4,175
2014 $194 $8,716 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 989923

East Tennessee REALTORS® MLS

APN: 012-005.00