NOT LISTED FOR SALE

2092 New Corinth Rd Rutledge, TN 37861

Estimated Value: $260,678 - $340,000

6.93 Acres
$43,892 Price per Acre
301,871 Sq Ft Lot

Last Sold December 13, 2023

Last sale price $280,000

Est. 9% increase in value since last sale

Current estimated payment $1,660/month

319 Days on Market

Highlights

  • Mountain View
  • Lake, Pond or Stream
  • Lot Has A Rolling Slope
  • Pond
  • Wooded Lot

About This Lot

As of December 2023

Beautiful tract of easy rolling land has multiple building sites & a view of ''yonder'' mountains in the background. INCLUDED IS A 60 x 40 BLOCK BUILDING with walls of poured concrete and metal roof. Floors are 2 ft thick concrete with radiant heat, propane heater and the 500 gallon propane tank conveys as well as the Ingersoll Air Compressor. Each end of building has commercial chain-driven doors that a semi could drive through. Seller had a small apartment built with a bathroom, kitchenette and bedroom with cedar lined walls. Electrical is a 250 AMP service is underground. Swann security system also conveys. Back of building has 60 x 10 covered lean to. Currently 2 infrastructure driveways on New Corinth Rd and back of property has access on Williams Ridge Rd . Well and Septic service. Seller just installed a new well pump, electrical and water lines in 2023 service building. There is a pond in front of building. Note that metal roof had leaks (screws were not sealed) and staining on ceiling in various places. If you are looking for a workshop, maybe convert building into a barndominium, privacy, no restrictions, then this property is worth looking at. Personal Property inside building DOES NOT CONVEY.

Last Agent to Sell the Property

Pamala Poteat

Realty Executives Associates License #321905 Listed on: 11/27/2022

Realty Executives Associates

Last Buyer's Agent

Non Member Non Member

Non-Member Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $647

Lot Details

  • 6.93 Acre Lot
  • Property fronts a county road
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Wooded Lot
  • Finished Lot(s)
  • Zoning described as Zoned Residential

Parking

  • Driveway

Property Views

  • Mountain Views
  • Countryside Views

Outdoor Features

  • Pond
  • Lake, Pond or Stream

Utilities

  • Septic System
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 080 024.02

Property Details

Property Type

Land

Est. Annual Taxes

$647

Lot Details

0

Listing Details

  • Directions: Take Rutledge Pike and beyond Blaine, you will turn right onto Owl Hole Gap to New Corinth Rd. Property has two infrastructure driveways to the large building. Best Driveway is where real estate sign is located.
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 6.93
  • Lot Size: irr
  • Topography:Rolling: Yes
  • Improvements:Utilities on Site: Yes
  • Lot Description:Rolling Slope: Yes
  • Lot Description:Wooded: Yes
  • View:Mountain View: Yes
  • Utilities Available:Electricity4: Yes
  • Utilities Available:Telephone5: Yes
  • Property Sub-Type:Single Family2: Yes
  • Road Frontage:County4: Yes
  • Lot Description:Irregular Lot: Yes
  • Topography:Cleared: Yes
  • Improvements:Driveway3: Yes
  • Improvements:Septic Installed: Yes
  • Property Sub-Type:Farm2: Yes
  • Road Access:Private Road: Yes
  • Lot Description:Pond: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Country Setting, Mountain View
  • Lot Features: Pond, Rolling, Wooded, Irregular Lot, Rolling Slope
  • Topography: {"Level":true,"Cleared":true}
  • Road Frontage Paved: Yes

Lot Info

  • Lot Size Sq Ft: 301870.8
  • Parcel #: 080 024.02
  • Zoning Description: Zoned Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2022
Closed on
Dec 13, 2023
Sold by
Ward Aaron J and Carson Henry M
Bought by
Schlaff Daniel and Schlaff Diane
Seller's Agent
Pamala Poteat
Realty Executives Associates
Buyer's Agent
Non Member Non Member
Non-Member Office
List Price
$400,000
Sold Price
$280,000
Premium/Discount to List
-$120,000
-30%
Views
412
Current Estimated Value
$304,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,170
Avg. Annual Appreciation
6.94%

Purchase Details

Closed on
Mar 15, 2022
Sold by
Carson Henry M
Bought by
Ward Aaron J and Carson Henry M

Purchase Details

Closed on
Apr 27, 2015
Sold by
Carson Henry and Carson Frances
Bought by
Carson Henry Le Kathy D Parton Rm

Purchase Details

Closed on
Sep 26, 2002
Sold by
Sexton Janice
Bought by
Sexton Charles L
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
Schlaff Daniel $280,000 Stewart Title
Ward Aaron J -- Burts Robert M
Carson Henry Le Kathy D Parton Rm -- --
Sexton Charles L $15,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2023 12/13/23 Sold $280,000 -11.1% --
10/13/2023 10/13/23 Pending -- -- --
09/11/2023 09/11/23 Price Changed $315,000 -4.5% --
07/19/2023 07/19/23 Price Changed $330,000 -2.9% --
05/27/2023 05/27/23 Price Changed $340,000 -2.9% --
01/25/2023 01/25/23 Price Changed $350,000 -6.7% --
12/27/2022 12/27/22 Price Changed $375,000 -6.3% --
11/27/2022 11/27/22 For Sale $400,000 -- --
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 $647 $27,550 $14,700 $12,850
2023 $647 $27,550 $14,700 $12,850
2022 $633 $27,550 $14,700 $12,850
2021 $633 $27,550 $14,700 $12,850
2020 $729 $27,550 $14,700 $12,850
2019 $729 $26,050 $14,700 $11,350
2018 $630 $26,050 $14,700 $11,350
2017 $630 $26,050 $14,700 $11,350
2016 $630 $26,050 $14,700 $11,350
2015 $567 $26,050 $14,700 $11,350
2014 $567 $22,661 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1212600

East Tennessee REALTORS® MLS

APN: 080-024.02