NOT LISTED FOR SALE

2356 Highway 63 Cumberland Gap, TN 37724

Estimated Value: $228,074 - $424,000

-- Bed
-- Bath
-- Sq Ft
0.66 Acres

Last Sold September 08, 2021

Last sale price $185,000

Est. 67% increase in value since last sale

Current estimated payment $1,762/month

35 Days on Market

About This Home

As of September 2021

This has a Duplex with top finished and rented. Also a garage in rear as a repair shop also rented. Land goes all the way back and borders Pearman Rd.

Last Agent to Sell the Property

Nancy Maiden

Mountain Realty License #270475 Listed on: 05/20/2021

Mountain Realty

Last Buyer's Agent

John Martin

Fletcher Bright Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $938

Year Built

  • Built in 1993

Lot Details

  • 0.66

Home Design

  • Brick Exterior Construction

Flooring

  • Laminate Flooring

Utilities

  • Zoned Heating
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 040 020.06/040 020 08/040 088 04

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$938

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Directions: Hwy. 25E turn on Hwy.63 go about 3.6mile property on R
  • Prop. Type: Multi-Family
  • Year Built: 1993
  • Lot Size: 3.4 Ac.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: None
  • Flooring: Laminate

Exterior Features

  • Construction Type: Brick

Utilities

  • Heating: Heat Pump
  • Heating Yn: Yes

Lot Info

  • Parcel #: 040 020.06/040 020 08/040 088 04

Multi Family

  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Sep 3, 2021
Sold by
Russell Tony and Russell Mischelle
Bought by
Ousley Bobby Joe
Seller's Agent
Nancy Maiden
Mountain Realty
Buyer's Agent
Nancy Maiden
Realty Network, Inc
Sold Price
$185,000
Current Estimated Value
$309,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,066
Avg. Annual Appreciation
14.22%
Original Mortgage
$190,000
Outstanding Balance
$174,759
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$138,047

Purchase Details

Closed on
Apr 25, 2013
Sold by
Bussell Mischelle
Bought by
Bussell Shaun Anthony and Bussell Joshua Blake

Purchase Details

Closed on
Feb 2, 1993
Bought by
Bussell Tony and Bussell Mischelle

Purchase Details

Closed on
Oct 11, 1988
Bought by
Gordon Joann

Purchase Details

Closed on
May 13, 1986

Purchase Details

Closed on
Jan 1, 1986
Bought by
Keck Carl and Jo Ann

Purchase Details

Closed on
Jan 2, 1978

Purchase Details

Closed on
Jan 1, 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
Ousley Bobby Joe $185,000 None Available
Bussell Shaun Anthony $184,700 --
Bussell Tony $20,000 --
Gordon Joann -- --
-- $28,000 --
Keck Carl -- --
-- -- --
-- $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ousley Bobby Joe $190,000
Previous Owner Bussell Tony $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2021 09/08/21 Sold $185,000 -- --
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 $938 $40,100 $4,650 $35,450
2023 $938 $40,100 $4,650 $35,450
2022 $802 $40,100 $4,650 $35,450
2021 $789 $30,600 $4,500 $26,100
2020 $789 $30,600 $4,500 $26,100
2019 $789 $30,600 $4,500 $26,100
2018 $789 $30,600 $4,500 $26,100
2017 $789 $30,600 $4,500 $26,100
2016 $858 $33,250 $4,500 $28,750
2015 $825 $33,250 $4,500 $28,750
2014 $825 $33,247 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1153621

East Tennessee REALTORS® MLS

APN: 040-088.04