NOT LISTED FOR SALE

1617 Springbrook Rd Alcoa, TN 37701

Estimated Value: $679,000 - $970,643

4 Beds
5 Baths
4,405 Sq Ft
$200/Sq Ft Est. Value

Last Sold December 05, 2022

Last sale price $875,000 $199 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,184/month

5 Days on Market

Highlights

  • Guest House
  • 1.91 Acre Lot
  • Wooded Lot
  • Alcoa Elementary School Rated A-
  • Colonial Architecture
  • Wood Flooring

About This Home

As of December 2022

All the charm, grace and elegance of the historic estate that it is mixed with modern sophistication and luxury -- this one has it all.

Before even getting to the house, it must be noted that this beauty is nestled in the heart of Springbrook. Sitting on a prime, corner lot made up of almost two, full (and oh so rare) acres, her front yard and screened in patio offer unobscured and panoramic views of the park.

Walking beneath the rebuilt and historically accurate front mantle, visitors enter a grand foyer and will immediately see the care and attention applied to this home. It is a perfect balance of the home's historic qualities with accents of the modern applied throughout. From the updated kitchen to the fully refinished bathrooms, accent walls/ceilings, fresh fixtures and refinished floors, it is clear to see that attention has been paid to every detail.

But there is so much more than meets the eye. One might not notice some of the more subtle items - like the new HVAC units, or the new gutters and windows. Chances are that the casual eye would never discover that the entire home has been rewired or that the foundation has been surrounded by a sophisticated waterproofing system 15 feet below ground.

The variety of distinct spaces is unparalleled on this property. The main floor is for the day to day as well as entertaining. The kitchen and dining areas are oversized for expansive living or for hosting guests. The family room flows freely into outdoor space on the screened-in patio. And there are two more patios on the back and opposite ends of the home respectively. Beyond that other patio is an entire apartment above the detached garage that could be guest quarters or could even be rented to generate revenue. The second floor of the big house is entirely living quarters with a Jack and Jill bonus room as icing on the proverbial cake. On the third floor, attic space has been floored for storage and premium insulation added to ensure energy efficiency. Below it all is a finished basement full of flex space that has added almost 1,000 square feet to the home since it last changed hands.

If a picture is worth 1,000 words, then this home is worthy of a novel. Truly, you must see this one for yourself. This piece of local lore is a once in a lifetime opportunity that you simply must not allow to pass.

Last Agent to Sell the Property

Michael Grider

LeConte Realty, LLC License #345267 Listed on: 10/12/2022

Last Buyer's Agent

Julie Spivey

Realty Executives Associates License #291231

Realty Executives Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,485

Year Built

  • Built in 1934

Lot Details

  • 1.91 Acre Lot
  • Lot Dimensions are 232 x 352 x 295 x 299
  • Wooded Lot

Parking

  • 2 Car Garage
  • Parking Available
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Rough-In Plumbing

Interior Spaces

  • 4,405 Sq Ft Home
  • Wood Burning Fireplace
  • Brick Fireplace
  • ENERGY STAR Qualified Windows
  • Screened Porch
  • Partially Finished Basement
  • Walk-Out Basement

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Doors
  • Fire and Smoke Detector

Schools

  • Alcoa Middle School
  • Alcoa High School

Additional Features

  • Patio
  • Guest House
  • Central Heating and Cooling System

Community Details

  • West Springbrook Subdivision

Listing and Financial Details

  • Property Available on 10/15/22
  • Assessor Parcel Number 036E C 007.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,485

Year Built

Built in 1934

Lot Details

0

Parking

2

Listing Details

  • Directions: Alcoa Hwy. to E. Hunt Rd. to right onto Springbrook Rd to home on right.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1934
  • Lot Size Acres: 1.91
  • Lot Size: 232 x 352 x 295 x 299
  • Subdivision Name: West Springbrook
  • Architectural Style: Colonial
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Disposal, Dryer, Gas Stove, Smoke Detector, Self Cleaning Oven, Security Alarm, Refrigerator, Microwave, Washer
  • Has Basement: Partially Finished, Plumbed, Walkout
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Brick, Wood Burning
  • Fireplaces: 1
  • Flooring: Hardwood, Tile

Exterior Features

  • Exterior Features: Window - Energy Star, Patio, Porch - Screened, Doors - Storm
  • Lot Features: Wooded
  • Construction Type: Other, Brick
  • Other Structures: Guest House

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage Door Opener, Attached, Detached, Side/Rear Entry, Main Level, Off-Street Parking

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Schools

  • High School: Alcoa
  • Middle Or Junior School: Alcoa

Lot Info

  • Lot Size Sq Ft: 83199.0
  • Parcel #: 036E C 007.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Available Date: 2022-10-15

Tax Info

  • Tax Annual Amount: 2484.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2022
Closed on
Dec 5, 2022
Sold by
Phillips Heather
Bought by
Ferguson Rodney R and Ferguson Sara Noel
Seller's Agent
Michael Grider
LeConte Realty, LLC
Buyer's Agent
Julie Spivey
Realty Executives Associates
List Price
$875,000
Sold Price
$875,000
Views
6
Current Estimated Value
$881,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,161
Avg. Annual Appreciation
0.23%
Original Mortgage
$400,000
Outstanding Balance
$387,596
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$493,565

Purchase Details

Listed on
Dec 7, 2018
Closed on
Jan 10, 2019
Sold by
Sennett John W
Bought by
Phillips Heather
Seller's Agent
Melissa Stuart
LeConte Realty, LLC
Buyer's Agent
Sam Winterbotham
Realty Executives Associates
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.61%
Original Mortgage
$550,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 30, 2017
Closed on
Jun 5, 2018
Sold by
Sennett John W
Bought by
Talley David M and Talley W
Seller's Agent
Karla Sells-gourley
Keller Williams
List Price
$529,000
Sold Price
$426,315
Premium/Discount to List
-$102,685
-19.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.89%
Original Mortgage
$326,315
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2010
Sold by
Karow Colleen M
Bought by
Sennett John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,920
Interest Rate
4.83%

Purchase Details

Closed on
Jul 22, 2005
Sold by
Brenda Binder W
Bought by
Karow Erwin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.51%

Purchase Details

Closed on
Apr 30, 1984
Bought by
Binder Brenda W Myers
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ferguson Rodney R -- Independence Title
Phillips Heather $550,000 --
Talley David M $426,315 --
Sennett John $399,900 --
Karow Erwin C $375,000 --
Binder Brenda W Myers $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferguson Rodney R $400,000
Previous Owner Phillips Heather $550,000
Previous Owner Talley David M $326,315
Previous Owner Binder Brenda W Myers $319,920
Previous Owner Binder Brenda W Myers $150,000
Previous Owner Binder Brenda W Myers $245,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/05/2022 12/05/22 Sold $875,000 0.0% $199 / Sq Ft
10/21/2022 10/21/22 Pending -- -- --
10/15/2022 10/15/22 For Sale $875,000 +59.1% $199 / Sq Ft
10/12/2022 10/12/22 Pending -- -- --
01/09/2019 01/09/19 Sold $550,000 +29.0% $153 / Sq Ft View Prior Sale
06/05/2018 06/05/18 Sold $426,315 -19.4% $119 / Sq Ft View Prior Sale
04/03/2018 04/03/18 Pending -- -- --
10/30/2017 10/30/17 For Sale $529,000 -- $147 / 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
2025 -- $207,875 $22,500 $185,375
2024 $6,818 $207,875 $22,500 $185,375
2023 $6,818 $207,875 $22,500 $185,375
2022 $5,188 $109,450 $18,750 $90,700
2021 $5,188 $109,450 $18,750 $90,700
2020 $5,188 $109,450 $18,750 $90,700
2019 $5,188 $109,450 $18,750 $90,700
2018 $4,555 $102,825 $20,625 $82,200
2017 $4,555 $102,825 $20,625 $82,200
2016 $4,555 $102,825 $20,625 $82,200
2015 $4,226 $102,825 $20,625 $82,200
2014 $4,393 $102,825 $20,625 $82,200
2013 $4,393 $106,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1208817

East Tennessee REALTORS® MLS

APN: 036E-C-007.00