NOT LISTED FOR SALE

229 Wolfe Dr Farner, TN 37333

Estimated Value: $472,886

3 Beds
2 Baths
1,915 Sq Ft
$247/Sq Ft Est. Value

Last Sold December 22, 2020

Last sale price $294,000 $154 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,590/month

9 Days on Market

Highlights

  • Countryside Views
  • Wooded Lot
  • Wood Flooring
  • Private Lot
  • Traditional Architecture
  • 2 Fireplaces

About This Home

As of December 2020

Exquisitely private, spacious, well built & maintained brick ranch home nestled in the heart of 18 mostly wooded acres. This comfortable, move-in ready home is on the highest part of the property with a flat to gently rolling yard. The warm and inviting living room has a large stone fireplace. There is a wonderful sun-room with full length windows, a vaulted ceiling and a free standing gas log fireplace. The main bathroom has a jetted tub and two separate sinks plus lots of storage. All appliances stay. There is a 30' X 40' free span barn / workshop as well. The property is unrestricted. There's is also a small field for your critters, if you wish. This property is located a few miles from the Hiwassee River, and very close to the Cherokee National Forest. Additional septic at field City water is available at the driveway entrance. The well water is so good that the owners have never wanted to change over to city water. The 1,200 square foot outbuilding would make a great garage, workshop or barn. It has a water spigot, a thick concrete floor and could easily have the electric hooked up. The free span construction allows plenty of open space to use as you see fit.
This location allows easy access to Georgia and North Carolina, as well.

Last Agent to Sell the Property

Nancy Davila

Tellico Mountain Realty, LLC License #259363 Listed on: 10/25/2020

Last Buyer's Agent

Non Member Non Member

Non-Member Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1971

Lot Details

  • 18 Acre Lot
  • Private Lot
  • Wooded Lot

Parking

  • Attached Garage

Property Views

  • Countryside Views
  • Seasonal Views

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,915 Sq Ft Home
  • 2 Fireplaces
  • Ventless Fireplace
  • Stone Fireplace
  • ENERGY STAR Qualified Windows
  • Insulated Windows
  • Crawl Space

Kitchen

  • Self-Cleaning Oven
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 052 060.00

Home Details

Home Type

Single Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Directions: From Tellico Plains, take Highway 68 south 21.4 miles, turn right onto Wolfe Drive and go 1. mi. At the top of the hill, property is straight ahead and the driveway goes up the hill on the right.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1971
  • Lot Size Acres: 18.0
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Smoke Detector, Self Cleaning Oven, Security Alarm, Refrigerator
  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Stone, Ventless
  • Fireplaces: 2
  • Flooring: Carpet, Hardwood, Tile

Exterior Features

  • Exterior Features: Window - Energy Star, Windows - Insulated, Porch - Covered
  • View: Country Setting, Seasonal Mountain
  • Lot Features: Private, Wooded
  • Construction Type: Brick
  • Other Structures: Workshop

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Other, Attached

Utilities

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

Lot Info

  • Lot Size Sq Ft: 784077.0
  • Parcel #: 052 060.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2020
Closed on
Dec 22, 2020
Sold by
Rymer Earnest L and Rymer Kay F
Bought by
Miles Allen W and Miles Susan D
Seller's Agent
Nancy Davila
Tellico Mountain Realty, LLC
Buyer's Agent
Non Member Non Member
Non-Member Office
Sold Price
$294,000
Current Estimated Value
$472,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,886
Avg. Annual Appreciation
7.55%
Original Mortgage
$24,000
Interest Rate
2.7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 1, 1974
Bought by
Rymer Earnest L and Rymer Kay F

Purchase Details

Closed on
Jan 2, 1900
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Miles Allen W $294,000 None Available
Rymer Earnest L -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Miles Allen W $24,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2020 12/22/20 Sold $294,000 -- $154 / 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 $1,340 $75,225 $28,475 $46,750
2024 $1,340 $79,300 $32,550 $46,750
2023 $1,340 $79,300 $0 $0
2022 $1,333 $53,075 $23,925 $29,150
2021 $1,333 $53,075 $23,925 $29,150
2020 $1,333 $53,075 $23,925 $29,150
2019 $1,333 $53,075 $23,925 $29,150
2018 $1,333 $53,075 $23,925 $29,150
2017 $1,278 $50,675 $22,075 $28,600
2016 $1,217 $50,675 $22,075 $28,600
2015 $1,217 $50,675 $22,075 $28,600
2014 $1,218 $50,688 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1133927

East Tennessee REALTORS® MLS

APN: 052-060.00