NOT LISTED FOR SALE

240 Fite Rd Watertown, TN 37184

Estimated Value: $476,000 - $704,138

5.78 Acres
$105,888 Price per Acre
251,777 Sq Ft Lot

Last Sold January 07, 2022

Last sale price $232,500

Est. 163% increase in value since last sale

Current estimated payment $3,427/month

43 Days on Market

Highlights

  • 5.78 Acre Lot
  • No HOA
  • No Heating
  • Watertown Elementary School Rated A-
  • Views

About This Lot

As of January 2022

Beautiful 5.78 acre track, offering long range views with a 30' X 40' shop. Shop has concrete floors, 14ft walls, 12ft tall overhead door and pedestrian door. The property has a 3 bedroom soil site and offers a wonderful hilltop building site that will allow for a basement foundation if desired. County water tap is already in place and natural gas service is available. Limited restrictions apply, see attached documents.

Last Agent to Sell the Property

Stephen Casey

UpTown Tennessee Realtors, Inc. Brokerage Phone: 4049314096 License #344525 Listed on: 10/31/2021

Last Buyer's Agent

Michele Savage

Penix & Spicer Real Estate & Auction, LLC License #294807

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $465

Lot Details

  • 5.78 Acre Lot
  • Property fronts a county road

Schools

  • Watertown Elementary School
  • Watertown Middle School
  • Watertown High School

Additional Features

  • Property Views

Community Details

  • No Home Owners Association
  • Robinson & Mckee Subdivision

Listing and Financial Details

  • Assessor Parcel Number 128 05215 000

Property Details

Property Type

Land

Est. Annual Taxes

$465

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Inclusions: LDBLG
  • ResoPropertyType: Land
  • Attribution Contact: 4049314096
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Pool Private: No
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt
  • Topography: ROLLI,SLOPE
  • View: Valley
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Sewer: Septic Tank Available
  • Water Source: Private
  • Cooling Y N: No
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Res
  • Current Use: Residential
  • Lot Size Acres: 5.78
  • Lot Size Units: Acres
  • Parcel #: 128 05215 000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 465

MLS Schools

  • Elementary School: Watertown Elementary
  • High School: Watertown High School
  • Middle Or Junior School: Watertown Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2021
Closed on
Jan 7, 2022
Sold by
Casey Stephen A
Bought by
Posey Robert M and Posey Rachel B
Seller's Agent
Stephen Casey
UpTown Tennessee Realtors, Inc.
Buyer's Agent
Michele Savage
Penix & Spicer Real Estate & Auction, LLC
List Price
$245,000
Sold Price
$232,500
Premium/Discount to List
-$12,500
-5.1%
Current Estimated Value
$612,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$379,535
Avg. Annual Appreciation
31.32%

Purchase Details

Closed on
Jan 5, 2018
Sold by
Battenberg Tammy and Battenberg Michael
Bought by
Casey Stephen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
May 13, 2003
Bought by
Battenberg Tammy Etvir Michael
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
Posey Robert M $232,500 None Available
Casey Stephen A $65,500 None Available
Battenberg Tammy Etvir Michael $41,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Posey Robert M $115,672
Open Posey Robert M $568,500
Previous Owner Casey Stephen A $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2022 01/07/22 Sold $232,500 -5.1% --
12/14/2021 12/14/21 Pending -- -- --
10/31/2021 10/31/21 For Sale $245,000 -- --
Source: Realtracs

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 $2,344 $122,800 $18,300 $104,500
2022 $465 $24,375 $18,300 $6,075
2021 $465 $24,375 $18,300 $6,075
2020 $472 $24,375 $18,300 $6,075
2019 $337 $13,375 $13,375 $0
2018 $337 $13,375 $13,375 $0
2017 $337 $13,375 $13,375 $0
2016 $337 $13,375 $13,375 $0
2015 $344 $13,375 $13,375 $0
2014 -- $12,845 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2304561

Realtracs

APN: 128-052.15