NOT LISTED FOR SALE

2005 Masters Ln Erwin, TN 37650

Estimated Value: $190,210 - $241,000

2 Beds
1 Bath
1,137 Sq Ft
$190/Sq Ft Est. Value

Last Sold April 15, 2021

Last sale price $150,000 $132 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,176/month

29 Days on Market

Highlights

  • Mountain View
  • Partially Wooded Lot
  • Wood Flooring
  • Wood Burning Stove
  • Traditional Architecture
  • Covered Patio or Porch

About This Home

As of April 2021

First-time offered to the public in over 27 years!! This beautiful and well maintained two bedroom, one bath 1928 rock-home has gorgeous mountain views in both directions and 2 (+/-) ACRES. Home is connected to utility water but can easily be converted back to the NATURAL SPRING WELL located on the property. Natural gas is also available, if desired. Newly refinished HARDWOOD flooring throughout, fresh paint, linoleum, and refinished stone fire-place to keep you cozy warm in the winter. Newer roof, freshly painted exterior/gutters, AND an installed OUTDOOR GRILL for all your summer cookout needs. Like Fruit? Have your own mini orchard with a granny smith apple, Georgia peach, pear and two black walnut trees! Several mature trees on property. Walk-under crawl space provides for dry storage to store all your canned food and can be easily converted for more rooms. Small outbuilding with carport also included for all your storage needs. Call to schedule a showing today! All information deemed reliable but not guaranteed, Buyer/buyers agents to verify all information herein.

Last Agent to Sell the Property

MICHAEL PETERSON

Hurd Realty, LLC License #350759 Listed on: 01/13/2021

Co-Listed By

AARON PETERSON

Hurd Realty, LLC License #341062

Last Buyer's Agent

Adam Evans

Park Hill Realty Group, LLC License #355483

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1938 | Remodeled

Lot Details

  • 1.7 Acre Lot
  • Level Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Property is in average condition

Home Design

  • Traditional Architecture
  • Stone Foundation
  • Metal Roof
  • Stone Exterior Construction
  • Stone

Interior Spaces

  • 1,137 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Self Contained Fireplace Unit Or Insert
  • Stone Fireplace
  • Double Pane Windows
  • Living Room
  • Dining Room
  • Mountain Views
  • Fire and Smoke Detector
  • Laminate Countertops
  • Washer and Electric Dryer Hookup

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Soaking Tub
  • Shower Only

Partially Finished Basement

  • Walk-Out Basement
  • Dirt Floor
  • Crawl Space

Parking

  • Detached Garage
  • 1 Carport Space
  • Gravel Driveway
  • Dirt Driveway

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage
  • Outbuilding
  • Outdoor Grill

Schools

  • Love Chapel Elementary School
  • Unicoi Co Middle School
  • Unicoi Co High School

Utilities

  • No Cooling
  • Heating Available
  • Spring water is a source of water for the property
  • Well
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 039 027.00

Home Details

Home Type

Single Family

Year Built

Built in 1938 | Remodeled

Lot Details

0

Listing Details

  • Directions: From Jackson love exit, turn right onto Mountain View St., then turn right on again on Chestoa Pike. Follow for about a mile until you see directional sign on left. Turn left onto Masters lane. House is on the right.. (Directionals placed throughout).
  • Prop. Type: Residential
  • Year Built: 1938
  • Garage Carport Spaces: 1
  • Property Sub Type: Single Family Residence
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Phone: 423-491-8335
  • Architectural Style: Traditional
  • 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: 1.7
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Love Chapel
  • General Property Description Middle School2: Unicoi Co
  • General Property Description High School3: Unicoi Co
  • Water Public: Yes
  • General Property Description Lot Dimensions: 87000+/-
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1137.0
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 039 027.00
  • General Property Description Stories2: 1
  • Other Structures Outbuilding: Yes
  • Interior Features Shower Only: Yes
  • View Mountain(s): Yes
  • AC Ceiling Fan(s): Yes
  • TopographyLot Description Sloped: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Laminate: Yes
  • TopographyLot Description Cleared: Yes
  • Roof Metal3: Yes
  • Property Condition Average: Yes
  • Rooms Living Room2: Yes
  • Other Structures Storage2: Yes
  • Sewer Private Sewer: Yes
  • TopographyLot Description Part Wooded: Yes
  • Water Spring: Yes
  • Foundation Stone4: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Security Features:Smoke Detector(s): Yes
  • Special Features: None

Interior Features

  • Appliances: See Remarks
  • Has Basement: Concrete, Crawl Space, Dirt Floor, Partially Finished, Walk-Out Access, See Remarks
  • Flooring: Hardwood, Laminate
  • Interior Amenities: Laminate Counters, Remodeled, Shower Only, Soaking Tub, See Remarks
  • Window Features: Double Pane Windows
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Insert, Stone
  • General Property Description Baths - Full: 1
  • InteriorFeatures:Remodeled: Yes
  • Interior Features:Laminate Counters: Yes
  • Interior Features:Soaking Tub: Yes
  • Basement:Partially Finished: Yes
  • Basement:Walk-Out Access: Yes
  • Basement:Crawl Space: Yes
  • Basement:Concrete3: Yes
  • Other Rooms:Dining Room: Yes
  • Fireplace:Stone2: Yes
  • Basement:Dirt Floor: Yes
  • Fireplace:Fireplace Insert: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Metal
  • Other Structures: Outbuilding, Storage
  • View: Mountain(s)
  • Exterior Features: Outdoor Grill, See Remarks
  • Acres: 1.7
  • Topography: Bottom Land, Cleared, Level, Part Wooded, Sloped, See Remarks
  • Home Warranty: No
  • Construction Type: Stone, See Remarks
  • Foundation Details: Stone
  • Patio And Porch Features: Covered, Front Porch, Patio, See Remarks
  • Window Features:Double Pane Windows: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Front Porch: Yes
  • Exterior Features:See Remarks23: Yes
  • Exterior Finish Stone5: Yes
  • PorchPatioDeck Patio: Yes
  • Exterior Features:Outdoor Grill: Yes

Garage/Parking

  • Parking Features: Unpaved, Deeded, Carport, Detached, Gravel
  • Attached Garage: No
  • Parking Features:Gravel: Yes
  • Parking Features:Carport: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Parking Spaces: Yes
  • Parking Features:Dirt: Yes

Utilities

  • Heating: Electric, Wood Stove
  • Sewer: Private Sewer
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Ceiling Fan(s), None
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Source: Public, Spring, Well
  • Heating:Electric: Yes
  • Heating:Wood Stove: Yes
  • Water Well: Yes

Schools

  • Elementary School: Love Chapel
  • High School: Unicoi Co
  • Middle Or Junior School: Unicoi Co

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 87000+/-
  • Lot Size Sq Ft: 74052.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 039 027.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2021
Sold by
Williams Charlotte
Bought by
Williams Kaitlyn and Shelton Marcy
Current Estimated Value
$215,553

Purchase Details

Listed on
Jan 13, 2021
Closed on
Apr 15, 2021
Sold by
Williams Charlotte
Bought by
Aldridge Timothy S
Seller's Agent
MICHAEL PETERSON
Hurd Realty, LLC
Buyer's Agent
Adam Evans
Park Hill Realty Group, LLC
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.02%
Original Mortgage
$155,400
Outstanding Balance
$139,698
Interest Rate
3%
Mortgage Type
VA
Estimated Equity
$75,855

Purchase Details

Closed on
Jan 14, 2004
Bought by
Williams Robert and Williams Charlotte

Purchase Details

Closed on
Oct 19, 1993
Bought by
Williams Robert and Williams Charlotte

Purchase Details

Closed on
Apr 23, 1991
Bought by
Affeld Robert M and Affeld Barbara S

Purchase Details

Closed on
Oct 10, 1989
Bought by
Masters Jack C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Williams Kaitlyn -- Debbie Title
Aldridge Timothy S $150,000 New Title Company Name
Aldridge Timothy S $150,000 Commonwealth Title Svcs Inc
Williams Robert $3,000 --
Williams Robert $45,000 --
Affeld Robert M $40,000 --
Masters Jack C $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aldridge Timothy S $155,400
Closed Aldridge Timothy S $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2021 04/15/21 Sold $150,000 0.0% $132 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $150,000 -- $132 / 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
2025 $568 $21,775 $9,750 $12,025
2024 $568 $21,775 $9,750 $12,025
2023 $568 $21,775 $0 $0
2022 $512 $21,775 $9,750 $12,025
2021 $577 $20,225 $12,500 $7,725
2020 $543 $20,225 $12,500 $7,725
2019 $543 $20,225 $12,500 $7,725
2018 $543 $20,225 $12,500 $7,725
2017 $543 $20,225 $12,500 $7,725
2016 $536 $19,975 $11,450 $8,525
2015 $536 $19,975 $0 $0
2014 $536 $19,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9917230

Tennessee/Virginia Regional MLS

APN: 039-02700-000