NOT LISTED FOR SALE

1608 Olive Way New Market, TN 37820

Estimated Value: $201,000 - $307,000

3 Beds
2 Baths
1,488 Sq Ft
$163/Sq Ft Est. Value

Last Sold September 19, 2014

Last sale price $30,000 $20 Per Sq Ft

Est. 710% increase in value since last sale

Current estimated payment $1,364/month

64 Days on Market

About This Home

As of September 2014

3bd/2ba mobile home on 5.3 acres. This home does need some TLC. This property is eligible under the Freddie Mac First Look Initiative through 7/01/2014: Must be on market for 48 hours before permanent residence offer can be submitted. 20 days on market for investors. There is an old make shift garage that goes with it across from the house. The Barn and white garage behind mobile does not go with this property so please stay away from them owner gets upset

Last Agent to Sell the Property

Merita Gregory

Re/Max Prime Properties Listed on: 06/11/2014

Co-Listed By

Missy Wagner

Re/Max Prime Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $553

Year Built

  • Built in 1999

Lot Details

  • 5.3 Acre Lot

Home Design

  • 1,488 Sq Ft Home
  • Modular or Manufactured Materials

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Well
  • Septic Tank
  • Septic Permit Required

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Foreclosure

Home Details

Home Type

Single Family

Est. Annual Taxes

$553

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1999
  • Zoning: None
  • CoListOfficeEmail: shirleyblair@remax.net
  • Reso Property Sub Type: Single Family Residence
  • Co List Office Mls Id: 152
  • Co List Office Phone: 865-428-1828
  • Co List Office Mls Id: 152
  • ResoSpecialListingConditions: In Foreclosure
  • Subdivision Name: Other
  • Above Grade Finished Sq Ft: 1488.0
  • Garage Yn: No
  • Location Tax and Legal Tax Lot2: 0
  • Location Tax and Legal:Tax Annual Amount: 553.09
  • Location Tax and Legal Tax Year2: 2014
  • General Property Information Lot Size Acres: 5.3
  • General Property Information Above Grade Finished Area: 1488.0
  • General Property Information Bonus Room YN2: No
  • General Property Information Accessory Dwelling Unit YN2: No
  • General Property Information Home Warranty YN: No
  • General Property Information Construction Type2: Mobile
  • Water Source:Well: Yes
  • Sewer Septic Permit Not Found: Yes
  • Special Listing Conditions In Foreclosure: Yes
  • Special Features: 1028
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Street Number Modifier: 1608
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Basement:None3: Yes

Exterior Features

  • Acres: 5.3
  • Home Warranty: No

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Sewer: Septic Tank, Septic Permit Not Found
  • Water Source: Well
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 230868.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 553.09
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2016
Sold by
Helton Sammy D
Bought by
Chamberlain Larry
Current Estimated Value
$243,000

Purchase Details

Listed on
Jun 11, 2014
Closed on
Aug 21, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Helton Sammy D
Seller's Agent
Merita Gregory
Re/Max Prime Properties
List Price
$49,900
Sold Price
$30,000
Premium/Discount to List
-$19,900
-39.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.07%

Purchase Details

Closed on
Sep 4, 2013
Sold by
Chamberlain Rick and Chamberlain Kathy
Bought by
Federal Home Loan Mortgage

Purchase Details

Closed on
Apr 29, 2002
Sold by
Kenneth Ballinger
Bought by
Gary Chamberlain

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.89%

Purchase Details

Closed on
Mar 24, 1980
Bought by
Chamberlain Lewis T Le Chamberlain
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Chamberlain Larry $30,000 --
Helton Sammy D $30,000 --
Federal Home Loan Mortgage $57,200 --
Federal Home Loan Mortgage Corporation $57,193 --
Gary Chamberlain $1,000 --
Chamberlain Lewis T Le Chamberlain -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Chamberlain Lewis T Le Chamberlain --
Previous Owner Rick Chamberlain $65,000
Previous Owner Kathy Chamberlain $58,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2017 12/18/17 Off Market $30,000 -- --
09/19/2014 09/19/14 Sold $30,000 -39.9% $20 / Sq Ft
08/14/2014 08/14/14 Pending -- -- --
06/11/2014 06/11/14 For Sale $49,900 -- $34 / Sq Ft
Source: Great Smoky Mountains Association of REALTORS®

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 $511 $29,900 $9,600 $20,300
2023 $511 $22,225 $0 $0
2022 $487 $22,225 $9,600 $12,625
2021 $487 $22,225 $9,600 $12,625
2020 $487 $22,225 $9,600 $12,625
2019 $487 $22,225 $9,600 $12,625
2018 $523 $22,250 $9,600 $12,650
2017 $532 $22,625 $9,600 $13,025
2016 $532 $22,625 $9,600 $13,025
2015 $532 $22,625 $9,600 $13,025
2014 $532 $22,625 $9,600 $13,025
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Merita Gregory

    RE/MAX

  • M

    Seller Co-Listing Agent in 2014

    Missy Wagner

    RE/MAX

See All Agents

Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 190016

Great Smoky Mountains Association of REALTORS®

APN: 005-073.00

Tennessee Jefferson County New Market 37820

1608 Olive Way, New Market, TN

This home is located at 1608 Olive Way, New Market, TN 37820 since 11 June 2014 and is currently estimated at $243,000, approximately $163 per square foot. This property was built in 1999. 1608 Olive Way is a home located in Jefferson County with nearby schools including Jefferson Montessori School.

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