NOT LISTED FOR SALE

200 Gibson Ln Speedwell, TN 37870

Estimated Value: $70,000 - $136,000

0.8 Acres
$134,691 Price per Acre
34,848 Sq Ft Lot

Sale Details

Date Sold: March 3, 2023

Last sale price $50,000 $25 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $588 / mo

294 Days on Market

About This Lot

As of March 2023

1 acre unrestricted land with utilities on site. Located in Speedwell, Tennessee with beautiful mountain views within 8 minutes of Harrogate. Older home on property has no value and is sold as is.

Last Agent to Sell the Property

Beth Combs

Turn Key Realty License #334752 Listed on: 04/30/2022

Last Buyer's Agent

Dawn Risner

Turn Key Realty License #323407

Property Details

Property Type

  • Land

Lot Details

  • 34,848 Sq Ft Lot
  • Property fronts a private road
  • Property fronts a county road
  • Rural Setting
  • Irregular Lot
  • Cleared Lot
  • Finished Lot(s)
  • Zoning described as None, Zoned Residential

Property Views

  • Mountain Views
  • Countryside Views

Utilities

  • Septic System

Community Details

  • Ralston Rarm Subdivision

Listing and Financial Details

  • Assessor Parcel Number 040040.02

Property Details

Property Type

Land

Lot Details

0.8 Acres

Listing Details

  • Directions: From US-25E S / TN-32 Cumberland Gap Pkwy in Harrogate, Tennessee Take TN-63 / Highway 63 towards Speedwell/LaFollette. Turn right onto Tiger Mart Rd and then immediately turn left onto Town Creek Rd, Turn right onto Gibson Ln 200 Gibson Ln is on the right cross concrete bridge.
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 0.8
  • Lot Size: .
  • Subdivision Name: Ralston Rarm
  • Attribution Contact: 423-869-5111
  • Improvements:Utilities on Site: Yes
  • View:Mountain View: Yes
  • Utilities Available:Electricity4: Yes
  • Utilities Available:Water5: Yes
  • Property Sub-Type:Rural: Yes
  • Property Sub-Type:Single Family2: Yes
  • Road Frontage:County4: Yes
  • Lot Description:Irregular Lot: Yes
  • Road Frontage:Private3: Yes
  • Topography:Cleared: Yes
  • Improvements:Septic Installed: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Country Setting, Mountain View
  • Topography: {"Cleared":true}
  • Road Frontage Paved: Yes

Lot Info

  • Lot Size Sq Ft: 34848.0
  • Parcel #: 040040.02
  • Zoning Description: None, Zoned Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2022
Closed on
Mar 31, 2023
Sold by
Shiflet Joe and Livin Bonnie
Bought by
Ball Patrick and Ball Andrea Brooke
Seller's Agent
Beth Combs
Turn Key Realty
Buyer's Agent
Dawn Risner
Turn Key Realty
List Price
$95,500
Sold Price
$50,000
Premium/Discount to List
-$45,500
-47.64%
Views
18
Current Estimated Value
$107,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,753
Avg. Annual Appreciation
27.80%
Original Mortgage
$37,500
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2008
Sold by
Shiflet Harold
Bought by
Shiflet Joe S Liv Rev Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,000
Interest Rate
5.97%
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Ball Patrick $50,000 Limestone Title
Shiflet Joe S Liv Rev Trust $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ball Patrick $37,500
Previous Owner Shiflet Joe S Liv Rev Trust $33,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2023 03/03/23 Sold $50,000 -10.6% $25 / Sq Ft
02/19/2023 02/19/23 Pending -- -- --
02/14/2023 02/14/23 Price Changed $55,900 -26.9% $28 / Sq Ft
11/01/2022 11/01/22 Price Changed $76,500 -19.9% $38 / Sq Ft
04/30/2022 04/30/22 For Sale $95,500 -- $47 / Sq Ft
Source: East Tennessee REALTORS® MLS

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
2025 $189 $8,075 $2,600 $5,475
2024 $189 $8,075 $2,600 $5,475
2023 $189 $8,075 $2,600 $5,475
2022 $167 $8,350 $2,875 $5,475
2021 $172 $6,675 $3,000 $3,675
2020 $172 $6,675 $3,000 $3,675
2019 $172 $6,675 $3,000 $3,675
2018 $172 $6,675 $3,000 $3,675
2017 $172 $6,675 $3,000 $3,675
2016 $334 $12,950 $3,000 $9,950
2015 $321 $12,950 $3,000 $9,950
2014 $321 $12,954 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1189572

East Tennessee REALTORS® MLS

APN: 040-040.02

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