NOT LISTED FOR SALE

1963 Corbin Lake Rd Rutledge, TN 37861

Estimated Value: $149,000 - $228,958

54 Acres
$3,579 Price per Acre
2,336,994 Sq Ft Lot

Last Sold October 28, 2016

Last sale price $91,210

Est. 110% increase in value since last sale

Current estimated payment $1,101/month

102 Days on Market

Highlights

  • 53.65 Acre Lot
  • Views
  • No Heating
  • Wooded Lot
  • Lot Has A Rolling Slope

About This Lot

As of October 2016

WHERE DO YOU FIND 53+ ACRES OF BEAUTIFUL WOODED & PASTURE LAND FOR ONLY $199,900 IN THIS MARKET? THIS LARGE ACREAGE TRACT FEATURES MANY POSSIBILITIES - BUILD YOUR DREAM HOME OR DEVELOP THIS LAND FOR A SUBDIVISION OR CAMPGROUND! CONVENIENTLY LOCATED NEAR SCHOOLS, DOWNTOWN AREA, LAKES & CLOSE TO KNOXVILLE! DON'T LET THIS 53+ ACRES WITH RIDING TRAILS, SPRINGS & WONDERFUL BUILDING SITES SLIP AWAY AT THIS PRICE!

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $339

Lot Details

  • 53.65 Acre Lot
  • Property fronts a county road
  • Lot Has A Rolling Slope
  • Wooded Lot

Interior Spaces

  • Property has 3 Levels
  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 066 01201 000

Property Details

Property Type

Land

Est. Annual Taxes

$339

Lot Details

0

Listing Details

  • Prop. Type: Farm
  • Habitable Residence: No
  • Unit Levels: Three Or More
  • ResoPropertyType: Farm
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Fireplace: No
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet

Exterior Features

  • Pool Private: No
  • Road Frontage Type: County Road
  • Road Surface Type: Other
  • View: Mountain(s)
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Cooling Y N: No
  • Heating Yn: No

Lot Info

  • Lot Features: Private, Rolling Slope, Wooded, Other
  • Lot Size Acres: 53.65
  • Lot Size: 53.653 acres
  • Lot Size Units: Acres
  • Parcel #: 066 01201 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 339

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2016
Closed on
Oct 25, 2016
Sold by
Hill Carla M Stout
Bought by
Hightower Chadwick D and Hightower Shea G
List Price
$199,900
Sold Price
$91,210
Premium/Discount to List
-$108,690
-54.37%
Current Estimated Value
$191,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,780
Avg. Annual Appreciation
8.96%
Original Mortgage
$77,529
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 1995
Bought by
Hill William V and Hill Carla

Purchase Details

Closed on
Apr 25, 1992
Source: Public Records

Range of Values:

Collateral Analytics

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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
Hightower Chadwick D $91,210 --
Hill William V $24,800 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hightower Shea Graves $300,000
Closed Hightower Chadwick D $77,529
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2016 10/28/16 Sold $91,210 -54.4% --
10/04/2016 10/04/16 Pending -- -- --
06/24/2016 06/24/16 For Sale $199,900 -- --
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 $379 $16,125 $10,700 $5,425
2023 $379 $16,125 $10,700 $5,425
2022 $370 $16,125 $10,700 $5,425
2021 $370 $16,125 $10,700 $5,425
2020 $398 $16,125 $10,700 $5,425
2019 $398 $14,200 $10,375 $3,825
2018 $344 $14,200 $10,375 $3,825
2017 $693 $14,200 $10,375 $3,825
2016 $693 $28,650 $24,825 $3,825
2015 $798 $13,575 $9,750 $3,825
2014 $798 $31,904 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2881466

Realtracs

APN: 066-012.01