NOT LISTED FOR SALE

Estimated Value: $320,000 - $561,254

23.48 Acres
$16,389 Price per Acre
1,022,789 Sq Ft Lot

Last Sold June 30, 2015

Last sale price $525,000 $347 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $2,177/month

111 Days on Market

Highlights

  • 23.48 Acre Lot
  • Creek On Lot
  • Lot Has A Rolling Slope

About This Lot

As of June 2015

Located at the corner of Strawberry Plains Pike and Kennedy Road Features a 2,954 SF Horse Barn with Living Quarters and a large, detached equipment or hay shed; all situated on 23.48 acres Horse barn features (2) stalls with room for (2) additional stalls, a drive-through center hallway, wash bay, tack room and storage Property is level and completely fenced with a gated entrance

Last Agent to Sell the Property

Rob Strickland

Furrow Strickland Real Estate Services License #236001 Listed on: 01/08/2015

Last Buyer's Agent

Sam Shumate

CALLEBS REALTY

CALLEBS REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,152

Lot Details

  • 23.48 Acre Lot
  • Lot Has A Rolling Slope
  • Finished Lot(s)
  • Zoning described as None, Zoned Agricultural

Outdoor Features

  • Creek On Lot

Listing and Financial Details

  • Assessor Parcel Number 084 156

Property Details

Property Type

Land

Est. Annual Taxes

$1,152

Lot Details

0

Listing Details

  • Directions: Traveling east on I-40, take Exit 398 (Strawberry Plains). Turn RIGHT at traffic light and travel 2.3 miles. Turn LEFT on Kennedy Road to property on RIGHT.
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 23.48
  • Lot Size: 23.48
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Creek, Rolling

Lot Info

  • Lot Size Sq Ft: 1022788.8
  • Parcel #: 084 156
  • Zoning Description: None, Zoned Agricultural
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2015
Closed on
Jun 30, 2015
Sold by
Furrow Auction Co
Bought by
Gilreath Kenneth M and Gilreath Tina D
Seller's Agent
Rob Strickland
Furrow Strickland Real Estate Services
Buyer's Agent
Rob Strickland
Furrow Strickland Real Estate Services
Sold Price
$525,000
Current Estimated Value
$384,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$140,186
Avg. Annual Appreciation
-3.00%
Original Mortgage
$393,500
Interest Rate
3.92%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 18, 2006
Sold by
Wallace James B and Wallace Kathy C
Bought by
Furrow Auction Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 2004
Sold by
United Southern Mortgage Co
Bought by
Wallace Kathy C

Purchase Details

Closed on
Oct 21, 1998
Sold by
Wallace James B and Wallace Kathy C
Bought by
United Southern Mtg Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.6%
Mortgage Type
Purchase Money Mortgage
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
Gilreath Kenneth M $525,000 Attorney
Furrow Auction Co $577,792 None Available
Wallace Kathy C -- --
United Southern Mtg Company -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gilreath Kenneth M $393,500
Previous Owner Furrow Auction Co $600,000
Previous Owner United Southern Mtg Company $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2015 06/30/15 Sold $525,000 -- $347 / 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 $1,152 $74,150 $0 $0
2023 $1,152 $74,150 $0 $0
2022 $1,152 $74,150 $0 $0
2021 $1,214 $57,260 $0 $0
2020 $900 $42,475 $0 $0
2019 $900 $42,475 $0 $0
2018 $900 $42,475 $0 $0
2017 $900 $61,300 $0 $0
2016 $878 $0 $0 $0
2015 $878 $0 $0 $0
2014 $878 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 910395

East Tennessee REALTORS® MLS

APN: 084-156