$425,000
SOLD FEB 27, 2025
5 Beds
4 Baths
3,210 Sq Ft
0.69 Acres

Recently Sold

$132 Per Sq Ft

29% Below List Price

160 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Bonus Room
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of February 2025

2 HOMES FOR THE PRICE OF ONE! This property is perfect as a multigenerational home or Airbnb! There's so much opportunity in this property! The Larger home boasts gleaming hardwood floors, new windows, fresh paint, arched doorways, a primary bedroom on the main level, a second bedroom on the main level, a sunroom, a screened porch, 2-car garage, updated kitchen/bathrooms, and a large main level office! The attached cottage is handicapped accessible with an open floorplan, sunroom, and stainless steel appliances... All with a large, flat yard, a large storage shed, and an adorable playhouse!

Last Agent to Sell the Property

Holli McCray

Greater Impact Realty License #285682 Listed on: 08/02/2024

Last Buyer's Agent

Darrin Perryman

Realty Executives Associates License #348117

Realty Executives Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,463

Year Built

  • Built in 1950

Lot Details

  • 0.69 Acre Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Cottage
  • Frame Construction
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 3,210 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room
  • Formal Dining Room
  • Den
  • Bonus Room
  • Screened Porch
  • Storage Room
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Deck
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Storage Shed

Schools

  • Sterchi Elementary School
  • Gresham Middle School
  • Central High School

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Fountain City Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058OA033
  • Tax Block F

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,463

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Directions: From I-75 take the exit 108 (Merchant Drive) then head east on Merchant Drive & continue onto Cedar Lane, then turn right onto Inskip Rd, to left onto Fair Dr. House will be located on the left. Look for yard sign on property.
  • Property Sub Type: Single Family Residence
  • Prop. Type: Single Family
  • Year Built: 1950
  • Lot Size Acres: 0.69
  • Subdivision Name: Fountain City Heights
  • Architectural Style: Cottage, Traditional
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Appraiser
  • Lot Description:Rolling Slope: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 2179.0
  • General Property Description:SqFt - 2nd Flr Lvl: 1031.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: No
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: Yes
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Siding:Vinyl2: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Hardwood: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Outbuildings:Storage Shed: Yes
  • Floors:Laminate: Yes
  • Siding:Stone3: Yes
  • Floors:Tile2: Yes
  • Heat:Heat Pump3: Yes
  • Dining Area:Formal Dining Area: Yes
  • Dining Area:Breakfast Bar: Yes
  • Outbuildings:Detached Workshop: Yes
  • Location Tax Legal Info:Property Sub-Type: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Basement YN: No
  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Flooring: Laminate, Hardwood, Vinyl, Tile
  • Basement:Crawl Space: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Other Rooms:Extra Storage3: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Wood Burning: Yes
  • Other Rooms:Bedroom Main Level: Yes
  • Other Rooms:DenStudy: Yes

Exterior Features

  • Lot Features: Level, Rolling Slope
  • Construction Type: Stone, Vinyl Siding, Frame
  • Other Structures: Storage, Workshop
  • Construction:Frame: Yes
  • Exterior Features:Deck: Yes
  • Exterior Features:Porch - Screened: Yes
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Cable Available (TV Only): Yes

Garage/Parking

  • GarageParkingGarageSpaces: 2.0
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Off-Street Parking, Detached
  • GarageParking:Off-Street Parking: Yes
  • GarageParking:Detached2: Yes

Utilities

  • Cooling: Central Cooling, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available (TV Only)

Schools

  • Elementary School: Sterchi
  • High School: Central
  • Middle Or Junior School: Gresham

Lot Info

  • Lot Size Sq Ft: 30056.4
  • Parcel #: 058OA033
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2463.18
  • Tax Block: F

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2024
Closed on
Feb 26, 2025
Sold by
Verdeaux Investments Llc
Bought by
Talley Paul and Talley Taylor
Seller's Agent
Holli McCray
Greater Impact Realty
Buyer's Agent
Darrin Perryman
Realty Executives Associates
List Price
$595,000
Sold Price
$425,000
Premium/Discount to List
-$170,000
-28.57%
Views
3232
Current Estimated Value
$426,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,354
Avg. Annual Appreciation
2.06%
Original Mortgage
$403,750
Outstanding Balance
$403,422
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$24,791

Purchase Details

Closed on
Jun 30, 2021
Sold by
Walker Alyson A
Bought by
Verdeaux Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,100
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 13, 1999
Sold by
Walker Robert M and Walker Gladyce O
Bought by
Walker Alyson A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7%
Mortgage Type
Seller Take Back
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $425,000 Southeast Title
Warranty Deed $240,000 Superior Title & Escrow Llc
Warranty Deed $80,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $403,750 New Conventional
Previous Owner $240,100 Commercial
Previous Owner $85,800 New Conventional
Previous Owner $36,000 Credit Line Revolving
Previous Owner $20,000 Credit Line Revolving
Previous Owner $84,500 Unknown
Previous Owner $80,000 Unknown
Previous Owner $60,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2025 02/27/25 Sold $425,000 -3.4% $132 / Sq Ft
01/09/2025 01/09/25 Pending -- -- --
01/08/2025 01/08/25 Price Changed $439,900 -2.2% $137 / Sq Ft
12/20/2024 12/20/24 Price Changed $450,000 -4.2% $140 / Sq Ft
12/06/2024 12/06/24 Price Changed $469,900 -1.1% $146 / Sq Ft
11/25/2024 11/25/24 Price Changed $475,000 -1.0% $148 / Sq Ft
11/19/2024 11/19/24 Price Changed $479,900 -1.1% $150 / Sq Ft
10/16/2024 10/16/24 Price Changed $485,000 -2.0% $151 / Sq Ft
09/30/2024 09/30/24 Price Changed $495,000 -3.9% $154 / Sq Ft
09/08/2024 09/08/24 Price Changed $515,000 -1.9% $160 / Sq Ft
08/28/2024 08/28/24 Price Changed $525,000 -4.5% $164 / Sq Ft
08/21/2024 08/21/24 Price Changed $550,000 -2.7% $171 / Sq Ft
08/15/2024 08/15/24 Price Changed $565,000 -1.7% $176 / Sq Ft
08/09/2024 08/09/24 Price Changed $575,000 -3.4% $179 / Sq Ft
08/02/2024 08/02/24 For Sale $595,000 -- $185 / 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 $2,463 $66,400 $0 $0
2023 $2,463 $66,400 $0 $0
2022 $2,463 $66,400 $0 $0
2021 $1,606 $35,025 $0 $0
2020 $1,606 $35,025 $0 $0
2019 $1,606 $35,025 $0 $0
2018 $1,606 $35,025 $0 $0
2017 $1,606 $35,025 $0 $0
2016 $1,633 $0 $0 $0
2015 $1,633 $0 $0 $0
2014 $1,633 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1271836

East Tennessee REALTORS® MLS

APN: 058OA-033