NOT LISTED FOR SALE

224 Bob Payne Rd Tellico Plains, TN 37385

Estimated Value: $226,759 - $235,000

2 Beds
1 Bath
768 Sq Ft
$302/Sq Ft Est. Value

Last Sold March 11, 2021

Last sale price $159,900 $208 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,281/month

Highlights

  • Mountain View
  • Private Lot
  • Log Cabin
  • Deck
  • Covered Patio or Porch
  • Separate Outdoor Workshop

About This Home

As of March 2021

There's plenty of view property around Tellico Plains, and this cabin has a panoramic view of the mountains to the east and south. Small and cozy, with 2 bedrooms, a bath, and a combined kitchen/dining/living area. Easily maintained but you'll want to be sitting on the porch, looking at the view, that will always be yours. A large utility building, and an equipment shelter, plus an outdoor shower for those hot summer days. It's at the end of the road for privacy.

Last Agent to Sell the Property

Elizabeth Hannan

Skyway Realty Land & Homes License #225660 Listed on: 02/03/2021

Last Buyer's Agent

Fyke Fisher

Skyway Realty Land & Homes License #358881

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $615

Year Built

  • Built in 2003

Lot Details

  • 2.1 Acre Lot
  • Cul-De-Sac
  • Private Lot

Parking

  • Detached Garage

Property Views

  • Mountain Views
  • Countryside Views

Home Design

  • Log Cabin
  • Log Siding

Interior Spaces

  • 768 Sq Ft Home
  • Free Standing Fireplace
  • Aluminum Window Frames
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Separate Outdoor Workshop

Schools

  • Tellico Plains High School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 116 028.03

Home Details

Home Type

Single Family

Est. Annual Taxes

$615

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Directions: From Tellico Plains, go north on 68, right on Sinkhole, right on Cagle, left on Bob Payne, follow road all the way to end. Driveway is steep. Mailbox 229 is before 224 - stay to last drive and stay right on drive.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2003
  • Lot Size Acres: 2.1
  • Lot Size: 416x345.7x332.13x216.87irr
  • Architectural Style: Log
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Refrigerator
  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Other, Free Standing
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Windows - Aluminum, Porch - Covered, Deck
  • View: Mountain View, Country Setting
  • Lot Features: Cul-De-Sac, Private
  • Construction Type: Log
  • Other Structures: Workshop

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes

Schools

  • High School: Tellico Plains

Lot Info

  • Lot Size Sq Ft: 91476.0
  • Parcel #: 116 028.03
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2024
Sold by
Thompson William Barry and Rowley Donald L
Bought by
Thompson William Barry and Rowley Donald L
Current Estimated Value
$231,940

Purchase Details

Listed on
Feb 3, 2021
Closed on
Mar 8, 2021
Sold by
Stutzman Michelle
Bought by
Thompson William Barry and Rowley Donald L
Seller's Agent
Elizabeth Hannan
Skyway Realty Land & Homes
Buyer's Agent
Fyke Fisher
Skyway Realty Land & Homes
Sold Price
$159,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.42%
Original Mortgage
$155,103
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 21, 2015
Closed on
Jun 24, 2016
Sold by
Steger Sandra P
Bought by
Stutzman Michelle
Seller's Agent
Elizabeth Hannan
Skyway Realty Land & Homes
Buyer's Agent
Elizabeth Hannan
Skyway Realty Land & Homes
Sold Price
$119,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%

Purchase Details

Closed on
Jun 4, 2002
Bought by
Steger John T and Steger S

Purchase Details

Closed on
Sep 7, 1978
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
Thompson William Barry -- None Listed On Document
Thompson William Barry $159,900 None Available
Stutzman Michelle $119,900 --
Steger John T $5,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thompson William Barry $155,103
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/11/2021 03/11/21 Sold $159,900 +33.4% $208 / Sq Ft
06/24/2016 06/24/16 Sold $119,900 -- $156 / Sq Ft View Prior Sale
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 $615 $40,400 $4,175 $36,225
2023 $615 $40,400 $4,175 $36,225
2022 $559 $24,975 $2,700 $22,275
2021 $559 $24,975 $2,700 $22,275
2020 $559 $24,975 $2,700 $22,275
2019 $445 $22,475 $2,700 $19,775
2018 $445 $22,475 $2,700 $19,775
2017 $412 $19,650 $2,700 $16,950
2016 $412 $19,650 $2,700 $16,950
2015 $57 $2,700 $2,700 $0
2014 $57 $2,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Hannan

    Seller's Agent in 2021

    Elizabeth Hannan

    Skyway Realty Land & Homes

    (423) 261-5506

    45 Total Sales

    Elizabeth Hannan
    Section Image

  • F

    Buyer's Agent in 2021

    Fyke Fisher

    Skyway Realty Land & Homes

    (423) 488-6252

    58 Total Sales

    Fyke Fisher
    Section Image

  • T

    Buyer's Agent in 2016

    Teresa Groves

    Home Builders Association

See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1141833

East Tennessee REALTORS® MLS

APN: 116-028.03

Tennessee Monroe County Tellico Plains 37385

224 Bob Payne Rd, Tellico Plains, TN

This home is located at 224 Bob Payne Rd, Tellico Plains, TN 37385 since 03 February 2021 and is currently estimated at $231,940, approximately $302 per square foot. This property was built in 2003. 224 Bob Payne Rd is a home located in Monroe County with nearby schools including Tellico Plains Elementary School, Tellico Plains Junior High School, and Tellico Plains High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

East Tennessee REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.

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