$499,850
SOLD DEC 31, 2024
4 Beds
3 Baths
2,620 Sq Ft
5.37 Acres

Recently Sold

$191 Per Sq Ft

7% Below List Price

83 Days on Market

Highlights

  • Barn
  • Gated Community
  • 5.37 Acre Lot
  • Horse Property
  • Scenic Views
  • Deck

About This Home

As of December 2024

This amazing 5.37ac multi family farm property and comes fully fenced with seasonal mountain views. Priced well below current value and possible lease purchase. This exceptional property is located at 220 Walker Rd., Sharps Chapel, TN offers a unique combination of privacy, convenience and amenities all without the constraints of an HOA or deed restrictions. Nestled on 5.37 acres of lush, park like land, this fully fenced estate features a private well, septic system, and an electric gate that opens to a long secluded driveway lined with mature trees. Located near Norris Lake and Chuck Swan State Park, this property is perfect for outdoor enthusiasts, with easy access to hunting areas and horse/quad trails. The main ranch style home boasts 2,620 square feet of living space, including an extra long 2 car garage, a daylight walk out basement with a second kitchen and full bath. Additionally, there is a separate 860 square ft guest house with a third kitchen and an unfinished bathroom. For those in need of additional space, the property includes a 675 square foot metal shop/garage with concrete floors, two roll up doors, and a side man door, along with a 12x10 shed with lights, a brand new 10x40x7'6 greenhouse, and a chicken coop with two extra large free range runs. There's also a baby chicken coop, a one stall barn with a carport, and a 3 acre electric fenced area suitable for large animals. The outdoor amenities are equally impressive, featuring a covered picnic area and a large fire pit with custom log seating perfect for gatherings. There are some unfinished areas. Priced to sell fast. Seller would like to do a rent back if possible while the build their home. Don't miss out on the opportunity to own this extraordinary property. Can be easily converted into a three family property. Lease purchase available wit 20k down and payments of $3900 mo. Seller is Licensed Broker

Last Agent to Sell the Property

Kathleen Martusheff

Realty Star Group SC LLC Listed on: 08/15/2024

Last Buyer's Agent

Kathleen Martusheff

Realty Star Group SC LLC Listed on: 08/15/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,473

Year Built

  • Built in 1998 | Remodeled in 2019

Lot Details

  • 5.37 Acre Lot
  • Fenced
  • Landscaped with Trees

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Driveway

Property Views

  • Scenic Vista
  • Woods
  • Mountain

Home Design

  • Raised Ranch Architecture
  • Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,620 Sq Ft Home
  • 1-Story Property
  • Furnished
  • 2 Fireplaces
  • Wood Burning Stove
  • Great Room
  • Family Room
  • Living Room
  • Office or Studio
  • Bonus Room
  • Alarm System

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Partial Basement
  • Kitchen in Basement

Outdoor Features

  • Horse Property
  • Deck
  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Shed
  • Outbuilding

Farming

  • Barn

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Wood
  • Water Heater
  • Septic Tank

Community Details

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,473

Year Built

Built in 1998 | Remodeled in 2019

Lot Details

0

Parking

2

Listing Details

  • Basement Walkout: Yes
  • BuildingCommunityGated: Yes
  • Equestrian Property: Yes
  • ExteriorCoveredPorch: Yes
  • ExteriorDeck: Yes
  • ExteriorFence: Yes
  • ExteriorOpenPorch: Yes
  • ExteriorPatio: Yes
  • FloorCarpet: Yes
  • FloorHardwood: Yes
  • FloorVinyl: Yes
  • HasCentralAC: Yes
  • HeatFuelElectric: Yes
  • HeatFuelWood: Yes
  • HeatTypeForcedAir: Yes
  • InteriorAlarm: Yes
  • InteriorAmps: 0
  • IsFurnished: Yes
  • KitchenCounterType: Granite
  • LastPriceValue: 499500
  • Lot Size Acres: 5.37
  • Number Of Stories: 1
  • OutbuildingBarn: Yes
  • OutbuildingGeneral: Yes
  • OutbuildingGreenhouse: Yes
  • OutbuildingGuestHouse: Yes
  • OutbuildingOffice: Yes
  • OutbuildingShed: Yes
  • OutbuildingWorkshop: Yes
  • PercentageOfTaxThatIsDeductable: 0
  • PropertyCity: Sharps Chapel
  • PropertyTownship: Sharps Chapel
  • Prop. Type: Residential
  • PropertyZipCode: 37866
  • PropertyZoneType: 100
  • RenovationComments: kitchen granite, Hardwood flooring, guest house
  • Renovation Year: 2019
  • ResidentialStyle: Raised Ranch
  • RoofMetal: Yes
  • En Suite Room: Yes
  • Family Room: Yes
  • First Floor Bathroom: Yes
  • First Floor Master Bedroom: Yes
  • Room for Pool: Yes
  • Great Room: Yes
  • Kitchen: Yes
  • Laundry Room: Yes
  • Primary Bedroom: Yes
  • Private Guest Room: Yes
  • Walk In Closet: Yes
  • SForSaleAndRForRental: S
  • SidingVinyl: Yes
  • StoveWood: Yes
  • USStateAbbreviation: TN
  • ViewMountain: Yes
  • ViewPrivate: Yes
  • ViewScenic: Yes
  • ViewWooded: Yes
  • WaterSourceType: Private Well
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Renovated: 2019

Interior Features

  • ApplianceDishwasher: Yes
  • ApplianceDryer: Yes
  • ApplianceGarbageDisposal: Yes
  • ApplianceHotWaterHeater: Yes
  • ApplianceMicrowave: Yes
  • ApplianceOven: Yes
  • ApplianceRefrigerator: Yes
  • ApplianceStainlessSteel: Yes
  • ApplianceWasher: Yes
  • BasementAreaSquareFootage: 680
  • Basement Bathrooms: Yes
  • BasementKitchen: Yes
  • BasementPartlyFinished: Yes
  • Basement Type: Partial
  • Kitchen Type: Pass-Through
  • Fireplaces: 2
  • Number of Rooms: 10
  • Bonus Room: Yes
  • Rec Room Den: Yes
  • Living Room: Yes
  • AboveArea Sq Ft: 2620

Exterior Features

  • Construction Type: Frame
  • Trees: Yes

Garage/Parking

  • BasementGarage: Yes
  • Driveway: Yes
  • Garage Type: Attached
  • Numberof Garage Spaces: 2

Utilities

  • Sewer Type: Private Septic
  • Utilities: 1

Condo/Co-op/Association

  • Units in Building: 0

Schools

  • School District: Union County
  • School District: Union County

Lot Info

  • Number Of Lots: 0

Multi Family

  • Unit Number of Bedrooms: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2024
Closed on
Dec 23, 2024
Sold by
Martusheff Nikolai Andronich and Martusheff Kathleen
Bought by
Ochoa Kenneth J and Ochoa Lisa N
Seller's Agent
Kathleen Martusheff
Realty Star Group SC LLC
Buyer's Agent
Kathleen Martusheff
Realty Star Group SC LLC
List Price
$539,000
Sold Price
$499,850
Premium/Discount to List
-$39,150
-7.26%
Views
84
Current Estimated Value
$471,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,490
Avg. Annual Appreciation
-6.99%
Original Mortgage
$70,806
Outstanding Balance
$69,530
Interest Rate
6.84%
Mortgage Type
Credit Line Revolving
Estimated Equity
$401,830

Purchase Details

Listed on
Nov 9, 2023
Closed on
Apr 1, 2024
Sold by
Hajje Vanessa
Bought by
Martusheff Nikolai Andronich and Martusheff Kathleen
Seller's Agent
Terri Gates
Lake Homes Realty
Buyer's Agent
Kathleen Martusheff
Realty Star Group SC, LLC
List Price
$440,000
Sold Price
$425,536
Premium/Discount to List
-$14,464
-3.29%
Views
56

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.59%
Original Mortgage
$425,536
Interest Rate
6.74%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 27, 2020
Closed on
Dec 18, 2020
Sold by
Thompson Deborah A and Peavy Derrick O
Bought by
Hajje Vanessa
Seller's Agent
Melinda Davis
Lakeside Realty, LLC
Buyer's Agent
Tyler Moyers
Realty Group
Sold Price
$280,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.39%

Purchase Details

Closed on
Aug 16, 2016
Sold by
Thompson Deborah A
Bought by
Thompson Deborah A Peavy Derrick O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2006
Sold by
George Timothy L
Bought by
Cowell Julie L

Purchase Details

Closed on
Jun 30, 2006
Bought by
Thompson Deborah A

Purchase Details

Closed on
Jun 9, 2006
Sold by
Bates Dennis Unmarried
Bought by
George Timothy L

Purchase Details

Closed on
Nov 10, 2005
Sold by
Cox John B
Bought by
Bates Dennis Unmarried

Purchase Details

Closed on
Nov 7, 2005
Sold by
Cox John B
Bought by
Jones Arnold

Purchase Details

Closed on
Oct 25, 2005
Bought by
Carmichael John W Lawson G Noel
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 $499,850 Southland Residential Title
Warranty Deed $499,850 Southland Residential Title
Warranty Deed $425,536 None Listed On Document
Warranty Deed $285,000 None Available
Warranty Deed $285,000 None Available
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Deed $48,000 --
Deed $48,000 --
Warranty Deed $173,000 --
Warranty Deed $173,000 --
Deed $33,000 --
Deed $33,000 --
Deed $36,300 --
Deed $36,300 --
Deed $37,400 --
Deed $37,400 --
Warranty Deed $264,000 --
Warranty Deed $264,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $70,806 Credit Line Revolving
Closed $70,806 Credit Line Revolving
Previous Owner $425,536 New Conventional
Previous Owner $115,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/31/2024 12/31/24 Sold $499,850 0.0% $191 / Sq Ft
11/06/2024 11/06/24 Pending -- -- --
11/01/2024 11/01/24 Price Changed $499,850 -7.3% $191 / Sq Ft
10/30/2024 10/30/24 Price Changed $539,000 0.0% $206 / Sq Ft
10/30/2024 10/30/24 For Sale $539,000 -1.8% $206 / Sq Ft
09/24/2024 09/24/24 Off Market $549,000 -- --
09/17/2024 09/17/24 For Sale $549,000 0.0% $210 / Sq Ft
09/12/2024 09/12/24 Off Market $549,000 -- --
09/04/2024 09/04/24 Price Changed $549,000 -0.2% $210 / Sq Ft
09/03/2024 09/03/24 For Sale $550,000 0.0% $210 / Sq Ft
09/02/2024 09/02/24 Off Market $550,000 -- --
08/15/2024 08/15/24 For Sale $550,000 +29.2% $210 / Sq Ft
03/29/2024 03/29/24 Sold $425,536 -3.3% $162 / Sq Ft View Prior Sale
11/16/2023 11/16/23 Pending -- -- --
11/09/2023 11/09/23 For Sale $440,000 +57.1% $168 / Sq Ft
11/30/2020 11/30/20 Sold $280,000 -- $107 / Sq Ft View Prior Sale
Source: My State 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 $1,473 $77,550 $8,525 $69,025
2023 $0 $77,550 $8,525 $69,025
2022 $1,233 $77,550 $8,525 $69,025
2021 $1,007 $47,075 $5,200 $41,875
2020 $1,007 $47,075 $5,200 $41,875
2019 $1,007 $47,075 $5,200 $41,875
2018 $1,007 $47,075 $5,200 $41,875
2017 $1,007 $47,075 $5,200 $41,875
2016 $968 $44,600 $5,875 $38,725
2015 $968 $44,600 $5,875 $38,725
2014 $798 $44,623 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: My State MLS

MLS Number: 11330533

APN: 014-021.13