NOT LISTED FOR SALE

Estimated Value: $576,000 - $802,000

3 Beds
3.5 Baths
3,471 Sq Ft
$187/Sq Ft Est. Value

Last Sold July 14, 2022

Last sale price $586,500 $169 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,664/month

3 Days on Market

Highlights

  • 16.9 Acre Lot
  • Deck
  • Traditional Architecture
  • Countryside Views
  • Wood Burning Stove
  • Cathedral Ceiling

About This Home

As of July 2022

As you drive into this property it feels like you have entered a picturesque southern style estate.This uniquely designed all brick home boasts over 3400 square feet of living space.
You will not be able to resist the wraparound porch providing different views and vistas in every direction.The kitchen, dining and family rooms are the heart of this home with French doors that open up to views of a delightful fountain and the lovely grounds. With over 16 acres of beautifully rolling land that includes 5 fruit trees, fenced pasture and a few wooded acres you have the perfect combination of a small farm and personal estate. There is even a 50amp RV hook-up and pump, 2 storage sheds and an older small out building.

Co-Listed By

Eleanor Cippel

EXP Realty, LLC2 License #338572

Last Buyer's Agent

Nicholas Nicaud

Realty Executives Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,585

Year Built

  • Built in 1994

Lot Details

  • 16.9 Acre Lot
  • Lot Has A Rolling Slope

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 3,471 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Gas Log Fireplace
  • Stone Fireplace
  • Drapes & Rods
  • Great Room
  • Family Room
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Storage Room
  • Washer and Dryer Hookup
  • Countryside Views
  • Unfinished Basement

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Storage
  • Storage Shed

Utilities

  • Zoned Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number Portion of 072 076.05

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,585

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Directions: North on Tazewell Pike into Luttrell, turn left onto Hwy 61 to left on Bower Hollow Rd to left on Ridge Crest to right onto Merritt Lane. SOP
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1994
  • Lot Size Acres: 16.9
  • Lot Size: Approximately 16.9 acres
  • Co List Office Mls Id: 2939
  • Co List Office Phone: 888-519-5113
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Lot Description:Rolling Slope: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 2211.0
  • General Property Description:SqFt - Down Lvl: 602.0
  • General Property Description:SqFt - 2nd Flr Lvl: 1260.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: No
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: No
  • AtchdDtchd Type:Detached: Yes
  • Siding:Vinyl2: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Outbuildings:Storage Shed: Yes
  • Floors:Laminate: Yes
  • Siding:Brick2: Yes
  • Floors:Tile2: Yes
  • Dining Area:Formal Dining Area: Yes
  • Misc Features:Cathedral Ceiling: Yes
  • Misc Features:Drapes: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Self Cleaning Oven, Refrigerator, Microwave
  • Has Basement: Unfinished
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Flooring: Laminate, Carpet, Hardwood, Tile
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Other Rooms:Extra Storage3: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Other Rooms:Family Room: Yes
  • Misc Features:Island in Kitchen: Yes
  • Basement:Unfinished: Yes
  • Other Rooms:Split Bedroom: Yes
  • Fireplace:Stone2: Yes
  • Fireplace:Wood Burning Stove: Yes

Exterior Features

  • Exterior Features: Porch - Covered, Deck
  • View: Country Setting
  • Construction Type: Vinyl Siding, Brick
  • Other Structures: Storage
  • Exterior Features:Deck: Yes
  • Exterior Features:Porch - Covered: Yes
  • Construction:Frame - Brick: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage Door Opener, Attached, Side/Rear Entry, Main Level
  • GarageParking:Attached2: Yes
  • GarageParking:Garage Door Opener: Yes
  • GarageParking:SideRear Entry: Yes
  • GarageParking:Main Level: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 736164.0
  • Parcel #: Portion of 072 076.05
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2022
Closed on
Jul 14, 2022
Sold by
Weiford David W and Weiford Naomi
Bought by
Bokum Daniel and Bokum Song H
Buyer's Agent
Nicholas Nicaud
Realty Executives Associates
List Price
$124,900
Sold Price
$586,500
Premium/Discount to List
$461,600
369.58%
Current Estimated Value
$648,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,693
Avg. Annual Appreciation
3.27%
Original Mortgage
$360,000
Outstanding Balance
$307,122
Interest Rate
4.81%
Mortgage Type
Balloon
Estimated Equity
$341,071

Purchase Details

Listed on
Dec 28, 2012
Closed on
Apr 17, 2013
Sold by
Federal National Mortgage Association
Bought by
Weiford David W
Seller's Agent
Ashley Tatum
Webb Properties, LLC
Buyer's Agent
Lainey Jones
ReMax First
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.57%
Original Mortgage
$183,000
Interest Rate
3.56%
Mortgage Type
Cash

Purchase Details

Closed on
Aug 21, 2012
Sold by
Merritt Paul P
Bought by
Federal National Mtg Associati and O Fannie Mae C

Purchase Details

Closed on
Apr 1, 1992
Bought by
Merritt Paul
Source: Public Records

Range of Values:

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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
Bokum Daniel $586,486 Concord Title
Bokum Daniel $586,486 Concord Title
Weiford David W $275,000 --
Weiford David W $275,000 --
Federal National Mtg Associati $306,727 --
Federal National Mtg Associati $306,727 --
Merritt Paul -- --
Merritt Paul -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bokurn Daniel $360,000
Previous Owner Weiford David W $183,000
Previous Owner Merritt Paul P $360,000
Previous Owner Merritt Paul P $67,000
Previous Owner Merritt Dollie J $287,500
Previous Owner Merritt Paul P $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2022 07/14/22 Sold $586,500 -2.2% $169 / Sq Ft
06/03/2022 06/03/22 Price Changed $599,900 +380.3% $173 / Sq Ft
06/03/2022 06/03/22 For Sale $124,900 -54.6% $36 / Sq Ft
05/02/2013 05/02/13 Sold $275,000 -- $84 / 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 $1,585 $83,400 $5,275 $78,125
2023 $1,585 $83,400 $5,275 $78,125
2022 $1,326 $83,400 $5,275 $78,125
2021 $1,301 $60,775 $5,250 $55,525
2020 $1,301 $60,775 $5,250 $55,525
2019 $1,301 $60,775 $5,250 $55,525
2018 $1,301 $60,775 $5,250 $55,525
2017 $1,301 $60,775 $5,250 $55,525
2016 $1,250 $57,625 $5,150 $52,475
2015 $1,031 $57,625 $5,150 $52,475
2014 $1,026 $57,318 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1193988

East Tennessee REALTORS® MLS

APN: 072-076.05