1615 Otter Falls Rd Sewanee, TN 37375
Estimated Value: $390,000 - $503,000
2
Beds
2
Baths
1,600
Sq Ft
$281/Sq Ft
Est. Value
Highlights
- Wooded Lot
- No HOA
- Central Heating
- Wood Flooring
- Cooling Available
- 2 Car Garage
About This Home
As of December 2023ONLINE ONLY! Preview: Sunday, Oct. 29 from 2-4 PM. Ends: Tuesday, Nov. 7 @ 7 PM CST. Your Future Mountain Retreat Awaits! Don’t miss this rare opportunity to own a 1600 SF 2 BR, 2 bath custom-built home with expandable upstairs in Sewanee situated on a wooded one-acre lot. This Cypress wood home has many custom features such as casement windows, 10’ ceilings, wide bamboo flooring, custom-built cabinets, tile baths w/heated floors, granite countertops, solid wood interior doors, gas fireplace, and a wet bar! This home is connected to natural gas & fiber. Enjoy watching the birds & wildlife from your large covered back porch! There is a lg detached 2 car garage that has a gardening room w/a sink, & a really nice 800 SF apartment above it that you could either rent or have add'l space for guests. This beautiful home is convenient to Sewanee, the University of the South, hiking trails, fine dining, & the interstate. Just a short drive away from Chattanooga!
Last Listed By
Maples Realty & Auction Co. Brokerage Phone: 6154824788 License #224767 Listed on: 10/16/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,512
Year Built
- Built in 2014
Lot Details
- 1.1 Acre Lot
- Wooded Lot
Parking
- 2 Car Garage
Home Design
- Wood Siding
Interior Spaces
- 1,600 Sq Ft Home
- Property has 1 Level
- Gas Fireplace
- Crawl Space
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Schools
- Sewanee Elementary School
- South Middle School
- Franklin Co High School
Utilities
- Cooling Available
- Central Heating
- Heating System Uses Natural Gas
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 060 09200 000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 16, 2023
Closed on
Dec 6, 2023
Sold by
Cason Thomas Sally
Bought by
David R Friebus And Deloris P Friebus Revocab and Friebus
Seller's Agent
Betsy Maples
Maples Realty & Auction Co.
Buyer's Agent
Betsy Maples
Maples Realty & Auction Co.
List Price
$451,000
Sold Price
$451,000
Total Days on Market
22
Views
77
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,410
Avg. Annual Appreciation
-1.15%
Original Mortgage
$65,000
Outstanding Balance
$64,285
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$379,381
Purchase Details
Closed on
Aug 14, 2012
Sold by
Thomas Sally Cason
Bought by
Otter Falls Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,520
Interest Rate
3.68%
Mortgage Type
Commercial
Purchase Details
Closed on
May 24, 2011
Sold by
Sargent Roy
Bought by
Thomas Sally Cason
Purchase Details
Closed on
May 11, 2006
Sold by
Household Financial Center
Bought by
Sargent Roy
Purchase Details
Closed on
Feb 23, 2006
Bought by
Household Financial Center Inc
Purchase Details
Closed on
Mar 10, 1995
Sold by
Caldwell Mary Ellen
Bought by
Haney Sam D
Purchase Details
Closed on
Apr 4, 1983
Bought by
Ladd Jackie and Ladd Barbara
Purchase Details
Closed on
Dec 31, 1981
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Sewanee, TN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| David R Friebus And Deloris P Friebus Revocab | $451,000 | Bankers Title & Escrow | |
| Otter Falls Llc | $12,700 | -- | |
| Thomas Sally Cason | $30,000 | -- | |
| Sargent Roy | $20,000 | -- | |
| Household Financial Center Inc | $34,100 | -- | |
| Haney Sam D | $30,000 | -- | |
| Ladd Jackie | -- | -- | |
| -- | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | David R Friebus And Deloris P Friebus Revocab | $65,000 | |
| Previous Owner | Thomas Sally Cason | $125,000 | |
| Previous Owner | Thomas Sally Cason | $9,485 | |
| Previous Owner | Thomas Sally Cason | $40,520 | |
| Previous Owner | Haney Sam D | $40,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/07/2023 12/07/23 | Sold | $451,000 | 0.0% | $282 / Sq Ft |
| 11/07/2023 11/07/23 | Pending | -- | -- | -- |
| 10/16/2023 10/16/23 | For Sale | $451,000 | -- | $282 / Sq Ft |
Source: Realtracs
Tax History Compared to Growth
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 | $1,220 | $61,150 | $5,050 | $56,100 |
| 2023 | $1,609 | $61,150 | $5,050 | $56,100 |
| 2022 | $1,512 | $80,625 | $5,050 | $75,575 |
| 2021 | $1,575 | $80,625 | $5,050 | $75,575 |
| 2020 | $1,575 | $54,725 | $4,100 | $50,625 |
| 2019 | $1,575 | $54,725 | $4,100 | $50,625 |
| 2018 | $1,500 | $56,100 | $4,100 | $52,000 |
| 2017 | $1,500 | $56,100 | $4,100 | $52,000 |
| 2016 | $1,177 | $44,025 | $3,450 | $40,575 |
| 2015 | $1,177 | $44,025 | $3,450 | $40,575 |
| 2014 | $513 | $19,189 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Betsy Maples
Seller's Agent in 2023
Betsy Maples
Maples Realty & Auction Co.
(615) 482-4788
29 Total Sales
Map
Source: Realtracs
MLS Number: 2582132
APN: 060-092.00
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