NOT LISTED FOR SALE

2247 Simpson Rd Loudon, TN 37774

Estimated Value: $767,000 - $1,745,584

3 Beds
2 Baths
2,500 Sq Ft
$503/Sq Ft Est. Value

Last Sold July 31, 2014

Last sale price $464,000 $186 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $6,962/month

293 Days on Market

Highlights

  • 67.78 Acre Lot
  • Wooded Lot
  • 2 Fireplaces
  • Mountain View
  • Traditional Architecture
  • No HOA

About This Home

As of July 2014

Gentlemen farm with large all brick - walkout basement ranch. Home on approx. 67.78 acres. About 41 cleared acres are in hay and balance in beautiful trees. Great view from home that needs a little cosmetic TLC. First time on market - buy low priced acreage and get a home included. Located between Loudon and Tellico Village.

Last Agent to Sell the Property

Elby Loyd

Re/Max At The Lakes Listed on: 08/26/2013

Last Buyer's Agent

Elby Loyd

Unknown Office

Unknown Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,477

Year Built

  • Built in 1970

Lot Details

  • 67.78 Acre Lot
  • Wooded Lot

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,500 Sq Ft Home
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Brick Fireplace
  • Mountain Views
  • Finished Basement
  • Walk-Out Basement

Flooring

  • Carpet
  • Slate Flooring
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 050 212.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,477

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Directions: From Knoxville - I-40 W, I-75S, exit 72, left on 72, pass 3 lights, left on Steekee School Road, R on Simpson Road for approx 1/10th mile to gate on left. SOP
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1970
  • Lot Size Acres: 67.78
  • Lot Size: IRR
  • Subdivision Name: n/a
  • Architectural Style: Traditional
  • Special Features: None

Interior Features

  • Has Basement: Finished, Partially Finished, Walkout
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Brick, Wood Burning
  • Fireplaces: 2
  • Flooring: Carpet, Vinyl, Slate

Exterior Features

  • View: Mountain View
  • Lot Features: Wooded
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached, 2 Car Garage

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 2952496.8
  • Parcel #: 050 212.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2025
Sold by
Lowrance Matthew D and Lowrance April N
Bought by
Lowrance Family Revocable Trust and Lowrance
Current Estimated Value
$1,256,292

Purchase Details

Closed on
Oct 29, 2015
Sold by
Simpson Janice G and Simpson Gail
Bought by
Lowrance April N and Lowrance Matthew D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$715,717
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$715,717
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 26, 2013
Closed on
Jul 31, 2014
Sold by
Simpson Terry Lynn
Bought by
Lowrance Matthew D and Lowrance April N
Seller's Agent
Elby Loyd
Re/Max At The Lakes
Buyer's Agent
Elby Loyd
Unknown Office
Sold Price
$464,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.26%

Purchase Details

Closed on
Jun 23, 2008
Bought by
Simpson Terry Lynn
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
Lowrance Family Revocable Trust -- None Listed On Document
Lowrance April N -- --
-- -- --
Lowrance Matthew D $464,000 --
Simpson Terry Lynn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lowrance April N $715,717
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2014 07/31/14 Sold $464,000 -- $186 / 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
2025 $4,477 $307,150 $27,300 $279,850
2023 $4,477 $294,875 $0 $0
2022 $4,477 $294,875 $27,300 $267,575
2021 $4,477 $294,875 $27,300 $267,575
2020 $4,346 $294,875 $27,300 $267,575
2019 $4,323 $239,675 $25,125 $214,550
2018 $4,323 $239,675 $25,125 $214,550
2017 $3,368 $239,675 $25,125 $214,550
2016 $1,193 $64,175 $20,950 $43,225
2015 $1,193 $64,175 $20,950 $43,225
2014 $1,193 $64,175 $20,950 $43,225
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2014

    Elby Loyd

    Re/Max At The Lakes

See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 859229

East Tennessee REALTORS® MLS

APN: 050-212.00

Tennessee Loudon County Loudon 37774

2247 Simpson Rd, Loudon, TN

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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