NOT LISTED FOR SALE

197 E Elm St La Follette, TN 37766

Estimated Value: $44,000 - $127,000

3 Beds
1 Bath
1,176 Sq Ft
$72/Sq Ft Est. Value

Last Sold April 18, 2022

Last sale price $36,850 $31 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $466/month

50 Days on Market

Highlights

  • Traditional Architecture
  • Outdoor Storage
  • Central Heating and Cooling System

About This Home

As of April 2022

Investor Special! Great fix and flip or fix and rent candidate. Three bedroom and one bathroom house with great bones and a fenced yard that needs a total rehab on the inside. Excellent potential and instant equity! Sold As-Is. Owner/Agent.

Last Agent to Sell the Property

Justin Treadwell

The Real Estate Firm, Inc. License #352024 Listed on: 02/02/2022

The Real Estate Firm, Inc.

Last Buyer's Agent

Jami Wilson

Baisley Hometown Realty, LLC License #334654

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $140

Year Built

  • Built in 1972

Lot Details

  • 5,663 Sq Ft Lot
  • Chain Link Fence

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,176 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Outdoor Storage
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 085N B 036.00 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$140

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Directions: Downtown La Follette to South Indiana Avenue. Right on East Elm Street. House on Right.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1972
  • Lot Size Acres: 0.13
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: None
  • Has Basement: Crawl Space
  • Fireplace: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Other, None

Exterior Features

  • Exterior Features: Fence - Chain
  • Other Structures: Storage

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off-Street Parking

Utilities

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

Lot Info

  • Lot Size Sq Ft: 5662.8
  • Parcel #: 085N B 036.00 000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 140.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2022
Closed on
Apr 18, 2022
Sold by
Rnbtn Llc
Bought by
6S Management Llc
Seller's Agent
Justin Treadwell
The Real Estate Firm, Inc.
Buyer's Agent
Jami Wilson
Baisley Hometown Realty, LLC
List Price
$49,900
Sold Price
$36,850
Premium/Discount to List
-$13,050
-26.15%
Current Estimated Value
$84,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,415
Avg. Annual Appreciation
22.62%
Original Mortgage
$78,000
Interest Rate
4.17%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 23, 2021
Sold by
Marlow Gary and Marlow Kathy
Bought by
Rhbtn Llc

Purchase Details

Closed on
Sep 3, 2015
Sold by
Marlow Kathy
Bought by
Marlow Gary

Purchase Details

Closed on
Mar 18, 2010
Sold by
Silcox John
Bought by
Marlow Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,196
Interest Rate
4.99%

Purchase Details

Closed on
Jul 23, 2005
Sold by
Marlow Gary and Marlow Kathy
Bought by
Silcox John

Purchase Details

Closed on
Aug 13, 2004
Bought by
Marlow Gary Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,600
Interest Rate
5.97%

Purchase Details

Closed on
May 7, 1990
Bought by
Marlow Evelyn

Purchase Details

Closed on
Apr 21, 1989
Bought by
Mcmanus Walter and Mcmanus Lorene

Purchase Details

Closed on
Sep 11, 1987
Bought by
Nease Dallas and Nease Mary

Purchase Details

Closed on
May 28, 1987

Purchase Details

Closed on
Jun 13, 1974
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
6S Management Llc $36,851 New Title Company Name
Rhbtn Llc $10,001 None Available
Marlow Gary -- --
Marlow Gary $54,495 --
Silcox John $57,355 --
Marlow Gary Kathy $44,500 --
Marlow Evelyn $37,500 --
Mcmanus Walter $30,000 --
Nease Dallas -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 6S Mangement Llc $129,375
Closed 6S Management Llc $78,000
Previous Owner Marlow Gary $56,196
Previous Owner Gary Marlow $40,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2022 04/18/22 Sold $36,850 -7.6% $31 / Sq Ft
03/23/2022 03/23/22 Price Changed $39,900 -20.0% $34 / Sq Ft
02/02/2022 02/02/22 For Sale $49,900 -- $42 / 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 -- $7,150 $2,100 $5,050
2023 $128 $3,800 $1,500 $2,300
2022 $125 $3,800 $1,500 $2,300
2021 $364 $3,800 $1,500 $2,300
2020 $357 $10,825 $1,500 $9,325
2019 $364 $10,825 $1,500 $9,325
2018 $375 $10,575 $1,050 $9,525
2017 $375 $10,575 $1,050 $9,525
2016 $375 $10,575 $1,050 $9,525
2015 $347 $10,575 $1,050 $9,525
2014 -- $10,575 $1,050 $9,525
2013 -- $10,575 $1,050 $9,525
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1179498

East Tennessee REALTORS® MLS

APN: 085N-B-036.00