NOT LISTED FOR SALE

Estimated Value: $201,000 - $352,547

20.22 Acres
$13,688 Price per Acre
880,783 Sq Ft Lot

Last Sold November 21, 2019

Last sale price $210,000 $583 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,501/month

33 Days on Market

Highlights

  • Water Views
  • Wooded Lot
  • Paved or Partially Paved Lot
  • 20.22 Acre Lot
  • No HOA
  • No Heating

About This Lot

As of November 2019

20.22 Acres; approx. 1,150' frontage on Hwy 41 and approximate 700' depth; Existing Driveway Access; Reliable Water Source; Existing Septic System for 4 units. This beautiful tract overlooks the Tennessee River Gorge (Nickajack Lake), eastwardly, from one of the closest places Hwy 41 comes to the Tennessee River (Public Boat Launch is only 1 mile south). This parcel has multiple building sites and existing driveway access to Hwy 41. An approximate ½ acre site along the frontage is cleared and level. Topography to the rear of the parcel provides approx. 250 ft vertical relief for premium views of the Tennessee River Gorge and control of trees to enhance and maintain the views. Adjacent on two sides to TN River Gorge Trust conserved land (surrounding acreage is approximately 320 acres). A perennial spring flows abundantly and has never run dry in the Seller's generational ownership. This property has a long heritage in the community as the site of ''Pete's'' local store / grocery. Any existing buildings on site will be sold in ''AS-IS'' condition. Survey on file.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $742

Lot Details

  • 20.22 Acre Lot
  • Property fronts a state road
  • Paved or Partially Paved Lot
  • Sloped Lot
  • Wooded Lot

Property Views

  • Water Views

Schools

  • Jasper Elementary School
  • Jasper Middle School
  • Marion Co High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 128 02300 000

Property Details

Property Type

Land

Est. Annual Taxes

$742

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Inclusions: LDBLG
  • ResoPropertyType: Land
  • Attribution Contact: 4235954565
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Pool Private: No
  • Road Frontage Type: State Road
  • Road Surface Type: Paved
  • Topography: SLOPE,WOOD,OTHER
  • View: Water
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling Y N: No
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Lot Info

  • Current Use: Unimproved
  • Lot Features: Sloped, Wooded, Other
  • Lot Size Acres: 20.22
  • Lot Size: 1145 x 711 IRR
  • Lot Size Units: Acres
  • Parcel #: 128 02300 000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 742

MLS Schools

  • Elementary School: Jasper Elementary School
  • High School: Marion Co High School
  • Middle Or Junior School: Jasper Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2019
Closed on
Nov 21, 2019
Sold by
Hutcherson Sandra K and Lee Frederick Johnnie
Bought by
Miles Michael David
List Price
$225,000
Sold Price
$210,000
Premium/Discount to List
-$15,000
-6.67%
Current Estimated Value
$276,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,774
Avg. Annual Appreciation
8.86%
Original Mortgage
$178,500
Outstanding Balance
$125,430
Interest Rate
3.5%
Mortgage Type
Unknown
Estimated Equity
$218,499

Purchase Details

Closed on
Feb 25, 2019
Sold by
The Tennesse River Gorge Trust
Bought by
Lee Hutcherson Sandra K and Lee Frederick Johnnie

Purchase Details

Closed on
Jul 19, 1996
Sold by
Albert Legg
Bought by
Sandra Hutcherson

Purchase Details

Closed on
Jul 27, 1989
Bought by
Legg Albert

Purchase Details

Closed on
Nov 7, 1958
Bought by
Legg Albert

Purchase Details

Closed on
Jan 2, 1900
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Miles Michael David $210,000 Pioneer Title Ins Agcy Inc
Hutcherson Sandra K -- Pioneer Title Ins Agcy Inc
Lee Hutcherson Sandra K -- None Available
Sandra Hutcherson -- --
Sandra Hutcherson -- --
Legg Albert -- --
Legg Albert -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miles Michael David $178,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2019 11/21/19 Sold $210,000 -6.7% $583 / Sq Ft
10/01/2019 10/01/19 Pending -- -- --
08/29/2019 08/29/19 For Sale $225,000 -- $625 / Sq Ft
Source: Realtracs

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 $52 $2,950 $2,950 --
2023 $52 $2,950 $0 $0
2022 $231 $13,150 $13,150 $0
2021 $231 $13,150 $13,150 $0
2020 $578 $13,150 $13,150 $0
2019 $743 $26,650 $26,650 $0
2018 $743 $34,250 $34,250 $0
2017 $743 $34,250 $34,250 $0
2016 $743 $34,250 $0 $0
2015 $717 $34,250 $0 $0
2014 $717 $33,053 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2725202

Realtracs

APN: 128-023.00