$570,000
SOLD DEC 5, 2022

218 Coffey Ln Rutledge, TN 37861

3 Beds
3.5 Baths
2,496 Sq Ft
12.28 Acres

Recently Sold

$228 Per Sq Ft

9% Below List Price

83 Days on Market

Highlights

  • Barn
  • Contemporary Architecture
  • Wooded Lot
  • Mountain View
  • Private Lot
  • Wood Flooring

About This Home

As of May 2024

Southern charm and hospitality awaits you with this gracious homestead situated over 12 acres of UNRESTRICTED land with gorgeous Mountain Views around! This distinct property features an Open Concept Floor Plan with a beautiful Cathedral ceiling in the main Living Room, surrounded by a warm and inviting stone gas fireplace. Main floor offers 3 bedrooms and 2 full bathrooms. Custom kitchen includes granite countertops and marble backsplash. Generously sized Master bedroom with mountain views right out the window, walk-in closet and walk-in shower. Hardwood and tile flooring, central vacuum throughout the house, double pane windows and so much more. Upstairs bonus room could be used as an additional bedroom/playroom that has its own half bath that is also plumbed for a shower. Finished walkout basement has 4 extra rooms which the possibilities are endless and can be used as rooms, theater room, office, and/or full custom bathroom. Partially-finished kitchen in the basement and a washer and dryer connection for a second laundry. Walkout through a lower level garage that includes a wood/coal burning furnace that can heat the entire home. Enjoy the beautiful outdoors with covered front and back porches, rain or shine! Part of the property is fenced for farming that includes a barn and a coop. This stunning property is a chance to homestead and enjoy the beautiful East Tennessee. Don't miss out on this unique and beautiful home!

Last Agent to Sell the Property

Daniella Rotar

eXp Realty, LLC License #365680 Listed on: 07/07/2022

Last Buyer's Agent

Joshua Grigsby

ReMax First License #331326

ReMax First

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,052

Year Built

  • Built in 2014

Lot Details

  • 12.28 Acre Lot
  • Private Lot
  • Irregular Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Rough-In Plumbing

Interior Spaces

  • 2,496 Sq Ft Home
  • Central Vacuum
  • Wired For Data
  • Fireplace Features Masonry
  • Gas Fireplace
  • Family Room
  • Formal Dining Room
  • Bonus Room
  • Storage Room
  • Mountain Views

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Partially Finished Basement

  • Walk-Out Basement
  • Stubbed For A Bathroom

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Septic Tank

Additional Features

  • Covered Patio or Porch
  • Barn

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property Available on 7/11/22
  • Assessor Parcel Number 049 052.07

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,052

Year Built

Built in 2014

Lot Details

0

Parking

2

Listing Details

  • Directions: Take I-40 East until exit 392 onto Rutledge Pike, continue straight then turn left onto Coffey Ln. House on the right.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2014
  • Lot Size Acres: 12.28
  • Lot Size: Irregular
  • Architectural Style: Other, Contemporary
  • Property Attached Yn: No
  • Lot Description:Wooded: Yes
  • View:Mountain View: Yes
  • General Property Description:Lot Size SqFt: 534915.0
  • Lot Description:Irregular Lot: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 1996.0
  • General Property Description:SqFt - 2nd Flr Lvl: 500.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: No
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: Yes
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Water:Public: Yes
  • Lot Description:Private: Yes
  • Dining Area:Living RmDining Rm: Yes
  • Siding:Brick2: Yes
  • Floors:Tile2: Yes
  • Basement Walkout: Yes
  • Heat:Heat Pump3: Yes
  • Dining Area:Formal Dining Area: Yes
  • Misc Features:Wired for Internet: Yes
  • Outbuildings:Barn: Yes
  • Special Features: None

Interior Features

  • Appliances: Central Vacuum, Dishwasher, Refrigerator, Microwave
  • Has Basement: Partially Finished, Plumbed, Walkout
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Masonry
  • Fireplaces: 1
  • Flooring: Hardwood, Tile
  • ResoLivingAreaSource: Owner
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Other Rooms:Extra Storage3: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Other Rooms:Family Room: Yes
  • Basement:Plumbed: Yes
  • Basement:Partially Finished: Yes
  • Other Rooms:Bedroom Main Level: Yes
  • Misc Features:Island in Kitchen: Yes
  • Appliances:Central Vacuum: Yes
  • Fireplace:Gas5: Yes
  • Fireplace:Masonry2: Yes

Exterior Features

  • Exterior Features: Porch - Covered
  • View: Mountain View
  • Lot Features: Private, Wooded, Irregular Lot
  • Construction Type: Brick
  • Other Structures: Barn(s)
  • Exterior Features:Porch - Covered: Yes
  • Construction:Brick5: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage Door Opener, Attached, Side/Rear Entry, Main Level
  • GarageParking:Attached2: Yes
  • GarageParking:Garage Door Opener: Yes
  • GarageParking:SideRear Entry: Yes
  • GarageParking:Main Level: Yes

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump, Electric
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes

Lot Info

  • Lot Size Sq Ft: 534915.0
  • Parcel #: 049 052.07
  • ResoLotSizeUnits: Acres

Rental Info

  • Available Date: 2022-07-11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2024
Closed on
May 28, 2024
Sold by
Mabe Kenneth J and Mabe Teresa
Bought by
Reid Bradley Scott and Reid Haley Raquel
Seller's Agent
Brittany Grigsby
ReMax First
Buyer's Agent
Courtney Mcghee
Keller Williams
List Price
$750,000
Sold Price
$730,000
Premium/Discount to List
-$20,000
-2.67%
Views
72
Current Estimated Value
$687,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,759
Avg. Annual Appreciation
-4.03%
Original Mortgage
$584,000
Outstanding Balance
$578,804
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$112,374

Purchase Details

Listed on
Jul 7, 2022
Closed on
Dec 5, 2022
Sold by
Baraiac Corneliu
Bought by
Mabe Kenneth J and Mabe Teresa
Seller's Agent
Daniella Rotar
eXp Realty, LLC
Buyer's Agent
Joshua Grigsby
ReMax First
List Price
$625,000
Sold Price
$570,000
Premium/Discount to List
-$55,000
-8.8%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.20%
Original Mortgage
$378,979
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 22, 2021
Closed on
Jul 23, 2021
Sold by
Johnson J R J and Johnson Stacy
Bought by
Baraiac Narcis and Baraiac Corneliu
Seller's Agent
Chris Cutshaw
Crye-Leike Premier Real Estate LLC
Buyer's Agent
IAN CULLEN
Tennessee Valley Appraisal Services
List Price
$424,900
Sold Price
$435,100
Premium/Discount to List
$10,200
2.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.69%
Original Mortgage
$391,590
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2016
Sold by
Johnson J R J and Johnson Stacy S
Bought by
Johnson J R J and Johnson Stacy S

Purchase Details

Closed on
Aug 23, 2013
Sold by
Daniel Dirk
Bought by
Johnson J R and Johnson Stacy S

Purchase Details

Closed on
Jun 5, 2004
Bought by
Dirk Daniel and Johnson Jesse

Purchase Details

Closed on
Nov 2, 2001
Bought by
Williams Steve
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $730,000 Knoxville Title
Warranty Deed $570,000 Superior Title
Warranty Deed -- --
Warranty Deed $435,100 Aspen Title & Escrow Llc
Warranty Deed $4,600 --
Quit Claim Deed $4,000 --
Warranty Deed $22,500 --
Warranty Deed $15,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $584,000 New Conventional
Previous Owner $378,979 New Conventional
Previous Owner $391,590 New Conventional
Previous Owner $240,000 New Conventional
Previous Owner $258,000 New Conventional
Previous Owner $218,809 Farmers Home Administration
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2024 05/30/24 Sold $730,000 -2.7% $157 / Sq Ft
04/26/2024 04/26/24 Pending -- -- --
03/29/2024 03/29/24 For Sale $750,000 +31.6% $162 / Sq Ft
12/05/2022 12/05/22 Sold $570,000 -7.9% $228 / Sq Ft
10/03/2022 10/03/22 Pending -- -- --
09/08/2022 09/08/22 Price Changed $619,000 -1.0% $248 / Sq Ft
09/08/2022 09/08/22 For Sale $625,000 +9.6% $250 / Sq Ft
09/06/2022 09/06/22 Off Market $570,000 -- --
07/25/2022 07/25/22 Price Changed $625,000 -7.4% $250 / Sq Ft
07/18/2022 07/18/22 Price Changed $674,900 -3.4% $270 / Sq Ft
07/11/2022 07/11/22 For Sale $699,000 +60.7% $280 / Sq Ft
07/07/2022 07/07/22 Pending -- -- --
08/30/2021 08/30/21 Sold $435,100 +2.4% $175 / Sq Ft
07/31/2021 07/31/21 Pending -- -- --
05/22/2021 05/22/21 For Sale $424,900 -- $171 / 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 $2,052 $87,300 $22,950 $64,350
2023 $2,052 $86,150 $22,950 $63,200
2022 $1,979 $86,150 $22,950 $63,200
2021 $1,768 $86,150 $22,950 $63,200
2020 $1,852 $76,975 $13,775 $63,200
2019 $1,852 $66,125 $13,775 $52,350
2018 $1,600 $66,125 $13,775 $52,350
2017 $1,600 $66,125 $13,775 $52,350
2016 $1,600 $66,125 $13,775 $52,350
2015 $1,456 $64,725 $12,375 $52,350
2014 $1,456 $58,226 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1198249

East Tennessee REALTORS® MLS

APN: 049-052.07