NOT LISTED FOR SALE

160 Lower Towee Ln Reliance, TN 37369

Estimated Value: $228,000 - $284,000

2 Beds
1 Bath
864 Sq Ft
$286/Sq Ft Est. Value

Last Sold June 01, 2021

Last sale price $200,000 $231 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,450/month

12 Days on Market

Highlights

  • RV Access or Parking
  • View of Trees or Woods
  • Private Lot
  • Gated Community
  • A-Frame Home
  • Wooded Lot

About This Home

As of June 2021

SELLER WILL ACCEPT ALL OFFERS UNTIL FRIDAY 4/16/21 AT NOON AND WILL RESPOND BY 9PM. PLEASE PRESENT ALL OFFERS WITH APPROVAL LETTER OR PROOF OF FUNDS.

Charming, Well Maintained & Unique 2 BD/1 BA A-Frame Home nestled on 5.9 acres in a Private Gated Community near the Cherokee National Forest. Furnished, Recently Updated & ready for your personal belongings! Walk inside to High-Vaulted Ceilings, Open Concept Living & a Wall of Windows for tons of Natural Light. Includes Ref, Stove & Built-In MW (still in box). Features like built-in storage & custom trim work make this a one of a kind! BD/Office & Full Bath on main & Open Loft BD upstairs. A Screened-In Porch for relaxing & a Large Private Wood Deck for entertaining! NO Airbnb or rentals less than 30 days. Storage Bldg, Covered Carport, Lawn Mowers & Grill included. Wildlife range from turkey, deer, black bears & bobcats. Minutes from the Hiwassee or Ocoee Rivers for fishing, rafting or tubing. Plenty of outdoor activities!

Last Agent to Sell the Property

Van Garren

Garren Realty, LLC License #348194 Listed on: 04/04/2021

Co-Listed By

Michele Garren

Garren Realty, LLC License #315540

Last Buyer's Agent

Osvaldo Ferrer

NextHome Valley Realty License #358519

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $496

Year Built

  • Built in 1988

Lot Details

  • 5.9 Acre Lot
  • Private Lot
  • Corner Lot
  • Level Lot
  • Wooded Lot

HOA Fees

  • $28 Monthly HOA Fees

Property Views

  • Woods
  • Mountain
  • Countryside Views
  • Forest

Home Design

  • A-Frame Home
  • Block Foundation
  • Slab Foundation
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 864 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Screened Porch
  • Storage

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Parking

  • 1 Car Parking Space
  • RV Access or Parking

Outdoor Features

  • Patio
  • Outdoor Storage
  • Storage Shed
  • Outdoor Gas Grill

Schools

  • Chilhowee Middle School
  • Polk County High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Zoned Heating
  • Shared Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 021 022.07

Community Details

Overview

  • Association fees include water
  • Mandatory home owners association

Additional Features

  • Picnic Area
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$496

Year Built

Built in 1988

Lot Details

0

HOA Fees

$28 per month

Listing Details

  • Directions: From Hwy. 411 TURN onto Hwy 30 East to Reliance. TURN LEFT onto Hwy 315 (Tellico Reliance Rd) Cross the Hiwassee River & drive 4.25 miles. TURN RIGHT onto Towee Pike (Springtown Fire Hall is on left corner). Drive 2.34 miles. TURN RIGHT onto Fingerboard Rd. Drive approx. 1 mile. TURN 2nd RIGHT onto Big Towee Rd. TAKE FIRST RIGHT onto Lower Towee Mountain Drive. Property is on the RIGHT.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1988
  • Lot Size Acres: 5.9
  • Co List Office Mls Id: 3004
  • Co List Office Phone: 865-500-5011
  • Architectural Style: A-Frame
  • Property Attached Yn: No
  • Lot Description:Rolling Slope: Yes
  • Lot Description:Wooded: Yes
  • View:Mountain View: Yes
  • View:Wooded2: Yes
  • Lot Description:Corner Lot: Yes
  • General Property Description:Fireplace: No
  • General Property Description:SqFt - Main Lvl: 576.0
  • General Property Description:SqFt - 2nd Flr Lvl: 288.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: No
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Floors:Carpet: Yes
  • Fuel:Electric: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Outbuildings:Storage Shed: Yes
  • Floors:Laminate: Yes
  • Lot Description:Private: Yes
  • Misc Features:Cathedral Ceiling: Yes
  • Siding:Wood2: Yes
  • Water:Shared Well2: Yes
  • Cooling:Wall Cooling: Yes
  • Special Features: None

Interior Features

  • Appliances: Gas Grill, Microwave, Range, Refrigerator, Self Cleaning Oven
  • Has Basement: Slab
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Flooring: Laminate, Carpet
  • Appliances Range: Yes
  • Fireplace:None15: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Other Rooms:Bedroom Main Level: Yes
  • Appliances:Gas Grill: Yes
  • Basement:Slab: Yes

Exterior Features

  • Exterior Features: Patio, Porch - Screened
  • View: Mountain View, Country Setting, Wooded
  • Lot Features: Private, Wooded, Corner Lot, Level, Rolling Slope
  • Construction Type: Wood Siding, Block, Frame
  • Other Structures: Storage
  • Construction:Frame: Yes
  • Exterior Features:Porch - Screened: Yes
  • Construction:Block2: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • GarageParkingCarportSpaces: 1.0
  • Attached Garage: No
  • Parking Features: RV Parking
  • GarageParking:RV Parking: Yes

Utilities

  • Cooling: Wall Cooling, Ceiling Fan(s)
  • Security: Gated Community
  • Cooling Y N: Yes
  • Heating: Other, Electric
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Fee: 330.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Association/Amenities

  • Community Amenities:Gated Community: Yes
  • Community Amenities:PicnicBarbeque Area: Yes
  • Association Fee Incl:Water3: Yes

Fee Information

  • Association Fee Includes: Water

Schools

  • High School: Polk County
  • Middle Or Junior School: Chilhowee

Lot Info

  • Lot Size Sq Ft: 257004.0
  • Parcel #: 021 022.07
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2021
Closed on
Jun 1, 2021
Sold by
Hamby Willard Jesse and Hamby Jennifer S
Bought by
Schmidt Paxton and Schmidt Catherine
Seller's Agent
Van Garren
Garren Realty, LLC
Buyer's Agent
Osvaldo Ferrer
NextHome Valley Realty
Sold Price
$200,000
Total Days on Market
12
Current Estimated Value
$247,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,031
Avg. Annual Appreciation
8.25%
Original Mortgage
$190,000
Outstanding Balance
$173,513
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$101,755

Purchase Details

Closed on
Aug 23, 2004
Sold by
Eugene Frazier
Bought by
Jesse Hamby Willard

Purchase Details

Closed on
Jul 19, 2000
Sold by
Hall Jerry D
Bought by
Thomas Cummings

Purchase Details

Closed on
Mar 30, 1988
Bought by
Frazier Eugene and Frazier Cathie A

Purchase Details

Closed on
Dec 30, 1987

Purchase Details

Closed on
Jan 1, 1986
Source: Public Records

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Range of Values:

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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
Schmidt Paxton $200,000 Radiant Title Llc
Schmidt Paxton $200,000 New Title Company Name
Jesse Hamby Willard $70,000 --
Thomas Cummings -- --
Frazier Eugene $7,400 --
-- -- --
-- $7,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Paxton $190,000
Closed Schmidt Paxton $190,000
Previous Owner Hamby Willard J $66,250
Previous Owner Hamby Willard J $13,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $200,000 -- $231 / 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 $496 $29,375 $6,200 $23,175
2023 $496 $29,375 $0 $0
2022 $447 $17,775 $6,200 $11,575
2021 $447 $17,775 $6,200 $11,575
2020 $447 $17,775 $6,200 $11,575
2019 $447 $17,775 $6,200 $11,575
2018 $447 $17,775 $6,200 $11,575
2017 $418 $16,575 $5,050 $11,525
2016 $398 $16,575 $5,050 $11,525
2015 $398 $16,575 $5,050 $11,525
2014 $398 $16,571 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1143562

East Tennessee REALTORS® MLS

APN: 021-022.07