NOT LISTED FOR SALE

231 Fritts Rd Lancing, TN 37770

Estimated Value: $241,000 - $301,281

3 Beds
2 Baths
2,400 Sq Ft
$113/Sq Ft Est. Value

Last Sold October 26, 2023

Last sale price $210,000 $88 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,613/month

3 Days on Market

Highlights

  • Barn
  • Deck
  • Traditional Architecture
  • Countryside Views
  • Wooded Lot
  • No HOA

About This Home

As of October 2023

Can you say opportunity. This is a foreclosure that has suffered from neglect. It has cosmetic issues as well as needing to be cleaned and debris removed. Purchase it now at the discount price before the clean-up begins. Great OPPORTUNITY

Bring a flash light to look as the power is off and there is a walk out basement with very little lighting.

Part of the photos are actual photos of the real estate but were taken prior to the property being trashed. Also, there are current photos to see just how bad the previous residents left the home. There will need to be clean up and minor cosmetic repairs to return this home to it's previous glamour.

Last Agent to Sell the Property

Jeff Green

Green Acres Real Estate & Auct License #269003 Listed on: 09/29/2023

Last Buyer's Agent

KELLY BLASSINGAME

NLMNLM License #00270799

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,140

Year Built

  • Built in 1986

Lot Details

  • 20.01 Acre Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 2,400 Sq Ft Home
  • Storage
  • Washer and Dryer Hookup
  • Laminate Flooring
  • Countryside Views
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Covered patio or porch

Farming

  • Barn

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Richard S Grimes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 096 003.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,140

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Directions: 231 Fritts Rd
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1986
  • Lot Size Acres: 20.01
  • Subdivision Name: Richard S Grimes
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Lot Description:Rolling Slope: Yes
  • Lot Description:Wooded: Yes
  • General Property Description:Fireplace: No
  • General Property Description:SqFt - Main Lvl: 1248.0
  • General Property Description:SqFt - Down Lvl: 1248.0
  • General Property Description:HOA: No
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: No
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Central Cooling: Yes
  • Fuel:Electric: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Water:Public: Yes
  • Floors:Laminate: Yes
  • Heat:Forced Air: Yes
  • Outbuildings:Barn: Yes
  • Special Features: None

Interior Features

  • Appliances: None
  • Has Basement: Partially Finished
  • Fireplace: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Flooring: Laminate
  • Fireplace:None15: Yes
  • Basement:Partially Finished: Yes
  • Appliances:None17: Yes

Exterior Features

  • Exterior Features: Porch - Covered, Deck
  • View: Country Setting
  • Lot Features: Wooded, Rolling Slope
  • Construction Type: Block, Frame
  • Other Structures: Barn(s)
  • Construction:Frame: Yes
  • Exterior Features:Deck: Yes
  • Exterior Features:Porch - Covered: Yes
  • Construction:Block2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other, Off-Street Parking
  • GarageParking:Off-Street Parking: Yes

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Forced Air, Electric
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes

Lot Info

  • Lot Size Sq Ft: 871635.6
  • Parcel #: 096 003.01
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
Oct 26, 2023
Sold by
Farm Credit Mid America Flca
Bought by
Weaver Kenneth and Weaver Frank Susan
Seller's Agent
Jeff Green
Green Acres Real Estate & Auct
Buyer's Agent
KELLY BLASSINGAME
NLMNLM
List Price
$199,900
Sold Price
$210,000
Premium/Discount to List
$10,100
5.05%
Total Days on Market
3
Views
83
Current Estimated Value
$270,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,320
Avg. Annual Appreciation
16.79%

Purchase Details

Closed on
Apr 11, 2023
Sold by
Ciiurchwell Larry R
Bought by
Farm Credit Mid America Flca

Purchase Details

Closed on
Oct 22, 2007
Sold by
Spence James L
Bought by
Deborah Tamboso

Purchase Details

Closed on
Jul 31, 1992
Bought by
Spence James L and Spence Victoria

Purchase Details

Closed on
May 2, 1991
Bought by
Kreis Richard F

Purchase Details

Closed on
May 1, 1991
Bought by
Kreis Richard F

Purchase Details

Closed on
Jul 15, 1986
Bought by
Kreis Richard F and Kreis Rhonda K

Purchase Details

Closed on
Nov 10, 1979
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 Buyer Sale Price Title Company
Weaver Kenneth $210,000 Capstone Title
Farm Credit Mid America Flca $111,680 None Listed On Document
Deborah Tamboso $145,000 --
Spence James L $69,500 --
Kreis Richard F -- --
Kreis Richard F -- --
Kreis Richard F -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tamboso Nick $152,327
Previous Owner Spence James L $47,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2023 10/26/23 Sold $210,000 +5.1% $88 / Sq Ft
10/03/2023 10/03/23 Pending -- -- --
09/29/2023 09/29/23 For Sale $199,900 -- $83 / 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 $1,140 $41,925 $17,775 $24,150
2023 $797 $41,925 $17,775 $24,150
2022 $765 $28,125 $5,150 $22,975
2021 $765 $28,125 $5,150 $22,975
2020 $794 $28,125 $5,150 $22,975
2019 $794 $24,275 $4,200 $20,075
2018 $794 $24,275 $4,200 $20,075
2017 $767 $24,275 $4,200 $20,075
2016 $767 $24,275 $4,200 $20,075
2015 $753 $24,275 $4,200 $20,075
2014 $808 $26,075 $3,725 $22,350
2013 $809 $26,081 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1241291

East Tennessee REALTORS® MLS

APN: 096-003.01