NOT LISTED FOR SALE

175 Tilson Rd Erwin, TN 37650

Estimated Value: $326,000 - $565,000

3 Beds
1.5 Baths
1,054 Sq Ft
$445/Sq Ft Est. Value

Last Sold August 21, 2023

Last sale price $495,000 $470 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,622/month

14 Days on Market

Highlights

  • Barn
  • Open Floorplan
  • Partially Wooded Lot
  • 40 Acre Lot
  • Creek or Stream View
  • Wood Flooring

About This Home

As of August 2023

If you have been looking for acreage for a homestead, family compound, or just a place where you can roam around relax and enjoy the beautiful mountain of Northeast TN...you just found it! 40 acres...YES...40 acres with a natural spring and remodeled ranch that is move in ready with 3 bedrooms and 1 1/2 baths, hardwood floors throughout the home. 40 acres is complete with old logging roads that can be used for ATV or hiking, perimeter of the property extends up to the surrounding ridgeline for added privacy, with one side of the property bounded by bald Creek, and its located near the new luxury cabin resort on Coffee Ridge. 30 Minutes from Johnson City and 30 minutes from Asheville. Perfect for the farm life. Perfect mix of rolling lush meadows bordered by tall timbers. 23X40 old tobacco barn still sits on property with small trickling branch. Recent updates include:
Metal roof 2022
Spray foam insulation in attic 2022
Dehumidifier added in crawlspace 2022 and crawlspace was encapsulated
New tankless water heater 2022
Whole house water filtration system for spring water 2022
New well pump 2023
Grading and French drains 2022
Updated electrical
New refrigerator and stove 2022

Internet is through French Broad and fiber gigabit speed is available, water is spring, septic tank and power is through French Broad Electric in Mars Hill, NC being close to the NC line and they will contribute a large amount to pulling power to future homesite. BUYER TO VERIFY ALL INFO.

Last Agent to Sell the Property

Rachel Livingston

Foundation Realty Group License #304205 Listed on: 07/15/2023

Last Buyer's Agent

Stephanie Conner

Crye-Leike Realtors License #256084

Crye-Leike Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $888

Year Built

  • Built in 1960

Lot Details

  • 40 Acre Lot
  • Sloped Lot
  • Partially Wooded Lot
  • Property is in good condition

Parking

  • Gravel Driveway

Property Views

  • Creek or Stream
  • Mountain

Home Design

  • Block Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,054 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Double Pane Windows
  • Living Room with Fireplace
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Temple Hill Elementary School
  • Unicoi Co Middle School
  • Unicoi Co High School

Farming

  • Barn
  • Pasture

Utilities

  • Cooling Available
  • Heating System Uses Wood
  • Heat Pump System
  • Spring water is a source of water for the property
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 055 100.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$888

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Directions: From Johnson City take I-26 South. Take Temple Hill/Welcome Center exit. Turn right on Old Asheville Hwy., approx. 1/2 mile at fork stay left at Spivey Mountain Road, 19W. Approx. 1/2 mile turn left on Coffee Ridge, then left on Tilson Road, See home on the right. NOTE.. Worley Tilson. Rd GPS
  • Prop. Type: Residential
  • Year Built: 1960
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Not In Subdivision
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 40.0
  • General Property Description Zoning2: Res
  • General Property Description Elementary School3: Temple Hill
  • General Property Description Middle School2: Unicoi Co
  • General Property Description High School3: Unicoi Co
  • General Property Description HOA YN: No
  • Property Condition Above Average: Yes
  • General Property Description Lot Dimensions: 40
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1054.0
  • General Property Description Above Grade SqFt: 1054.0
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring Hardwood: Yes
  • Flooring Tile2: Yes
  • General Property Description Parcel ID2: 055 100.00
  • AC Heat Pump3: Yes
  • View Mountain(s): Yes
  • TopographyLot Description Pasture2: Yes
  • TopographyLot Description Sloped: Yes
  • Foundation Block6: Yes
  • View CreekStream: Yes
  • View Water2: Yes
  • Roof Metal3: Yes
  • Other Structures Barn(s): Yes
  • TopographyLot Description Part Wooded: Yes
  • Water Spring: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Has Basement: Crawl Space
  • Flooring: Hardwood, Tile
  • Interior Amenities: Primary Downstairs, Eat-in Kitchen, Kitchen Island, Open Floorplan
  • Window Features: Double Pane Windows
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Total Bedrooms: 6
  • General Property Description Baths - Full: 1
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • General Property Description Baths - 12: 1
  • Fireplace:Living Room: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Kitchen Island: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Metal
  • Other Structures: Barn(s)
  • View: Water, Mountain(s), Creek/Stream
  • Acres: 40.0
  • Topography: Part Wooded, Pasture, Sloped
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Front Porch
  • Exterior Finish Vinyl Siding: Yes
  • Window Features:Double Pane Windows: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Front Porch: Yes

Garage/Parking

  • Parking Features: Gravel
  • Attached Garage: No
  • Parking Features:Gravel: Yes

Utilities

  • Heating: Fireplace(s), Heat Pump, Wood
  • Sewer: Septic Tank
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Spring
  • Heating:Heat Pump2: Yes
  • Heating:Fireplace(s): Yes
  • Sewer Septic Tank: Yes
  • Heating:Wood: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Temple Hill
  • High School: Unicoi Co
  • Middle Or Junior School: Unicoi Co

Lot Info

  • Zoning: Res
  • Lot Dimensions: 40
  • Lot Size Sq Ft: 1742400.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 055 100.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 457

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2023
Closed on
Aug 21, 2023
Sold by
Wiley Michael Dresner and Wiley Audrey Lynn
Bought by
Gorman Laurel
Seller's Agent
Rachel Livingston
Foundation Realty Group
Buyer's Agent
Stephanie Conner
Crye-Leike Realtors
List Price
$499,900
Sold Price
$495,000
Premium/Discount to List
-$4,900
-0.98%
Current Estimated Value
$468,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,462
Avg. Annual Appreciation
-2.68%

Purchase Details

Listed on
Feb 7, 2022
Closed on
Mar 11, 2022
Sold by
Cary Hopson Amos
Bought by
Wiley Michael Dresner and Wiley Audrey Lynn
Seller's Agent
Beau Hicks
Tri-Cities Realty, Inc.
Buyer's Agent
Rachel Livingston
Foundation Realty Group
List Price
$307,890
Sold Price
$312,890
Premium/Discount to List
$5,000
1.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.21%
Original Mortgage
$295,698
Interest Rate
3.92%
Mortgage Type
Balloon

Purchase Details

Listed on
Apr 24, 2020
Closed on
Jun 19, 2020
Sold by
Hill Of Spring
Bought by
Hopson Amos Cary
Seller's Agent
DEBORAH SUTHERLAND
Collins & Co. Realtors & Auctioneers
Buyer's Agent
DEBORAH SUTHERLAND
Collins & Co. Realtors & Auctioneers
List Price
$297,500
Sold Price
$240,000
Premium/Discount to List
-$57,500
-19.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.67%
Original Mortgage
$228,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2013
Sold by
Wilson Carolyn
Bought by
Hill Of Spring Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
3.44%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 12, 2005
Sold by
Jo Tilson Betty
Bought by
Carolyn Wilson

Purchase Details

Closed on
Jul 5, 2005
Sold by
James Treadway
Bought by
Tennessee State Of
Source: Public Records

Range of Values:

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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
Gorman Laurel $495,000 None Listed On Document
Wiley Michael Dresner $312,890 None Listed On Document
Hopson Amos Cary $240,000 None Available
Hill Of Spring Llc $165,000 --
Carolyn Wilson -- --
Tennessee State Of -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wiley Michael Dresner $295,698
Previous Owner Hopson Amos Cary $228,000
Previous Owner Hill Of Spring Llc $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2023 08/21/23 Sold $495,000 -1.0% $470 / Sq Ft
07/30/2023 07/30/23 Pending -- -- --
07/15/2023 07/15/23 For Sale $499,900 +59.8% $474 / Sq Ft
03/11/2022 03/11/22 Sold $312,890 +1.6% $297 / Sq Ft
02/08/2022 02/08/22 Pending -- -- --
02/07/2022 02/07/22 For Sale $307,890 +28.3% $292 / Sq Ft
06/23/2020 06/23/20 Sold $240,000 -19.3% $228 / Sq Ft
05/10/2020 05/10/20 Pending -- -- --
09/20/2019 09/20/19 For Sale $297,500 -- $282 / Sq Ft
Source: Tennessee/Virginia Regional 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 $888 $34,025 $8,225 $25,800
2023 $888 $34,025 $0 $0
2022 $777 $33,050 $8,225 $24,825
2021 $753 $26,400 $18,275 $8,125
2020 $709 $26,400 $18,275 $8,125
2019 $709 $26,400 $18,275 $8,125
2018 $709 $26,400 $18,275 $8,125
2017 $709 $26,400 $18,275 $8,125
2016 $696 $25,950 $18,550 $7,400
2015 $696 $25,950 $0 $0
2014 $696 $25,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9954315

Tennessee/Virginia Regional MLS

APN: 055-10000-000