NOT LISTED FOR SALE

240 Greasy Cove Rd Cosby, TN 37722

Estimated Value: $266,000 - $347,222

3 Beds
1.5 Baths
1,356 Sq Ft
$223/Sq Ft Est. Value

Last Sold September 16, 2021

Last sale price $159,000 $117 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $1,721/month

Highlights

  • Mountain View
  • Covered Patio or Porch
  • Paneling
  • Sun or Florida Room
  • 1 Car Attached Garage
  • Central Air

About This Home

As of September 2021

GREAT BARGAIN FOR THIS 3 BR/1.5 BA 1356 SQ FT BRICK BASEMENT RANCH HOME ON 5 ACRES IN COSBY OFFERING NATIONAL PARK VIEWS! GREAT LOCATION FOR OVERNITE RENTAL POTENTIAL, AIR BNB, 2ND HOME OR PRIVATE RESIDENCE. TREMENDOUS INCOME POTENTIAL W/EASY ACCESS CAPTURING THE RENTAL MARKET ON ''THE PEACEFUL SIDE OF THE SMOKIES!'' BUILT IN 1974, HOME COULD USE COSMETIC UPDATING YET ALREADY OFFERS MANY EXPENSIVE NEWER UPDATES SUCH AS METAL ROOF (2018), HVAC (2016), DOUBLE PANE TILT WINDOWS (2017), SLIDING & STORM DOORS (2018). W/SELECTIVE TREE REMOVAL THE VIEWS WOULD BE SPECTACULAR! IN A PARK LIKE SETTING SURROUNDED BY A CANOPY OF MATURE HARDWOOD & SPRAWLING OAK TREES W/AMPLE SHADE & PRIVACY. PRIVATE WELL W/FIBER OPTIC HI-SPEED INTERNET, CELL SERVICE & UTILITY WATER AVAILABLE. 5 MILES FROM I-40 & CLOSE PROXIMITY TO EASTERN ENTRANCE TO THE GREAT SMOKY MTN NATIONAL PARK (BIG CREEK & COSBY CAMPGROUNDS) APPALACHIAN TRAIL, WHITEWATER RAFTING, GATLINBURG, PIGEON FORGE & DOLLYWOOD! WELCOME TO TENNESSEE!!! DRONE PICTURES USED IN LISTING.

Last Agent to Sell the Property

Rae Massey

Massey Realty License #311729 Listed on: 08/18/2021

Last Buyer's Agent

Rae Massey

Massey Realty License #311729 Listed on: 08/18/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $996

Year Built

  • Built in 1974

Lot Details

  • 4.98 Acre Lot
  • Lot Dimensions are 487x667x361x456
  • Lot Has A Rolling Slope
  • Property is in average condition

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • 1,356 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Fireplace Features Masonry
  • Window Treatments
  • Living Room with Fireplace
  • Sun or Florida Room
  • Mountain Views
  • Unfinished Basement
  • Walk-Out Basement
  • Cooktop
  • Washer and Electric Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Cosby Elementary School
  • Newport Grammar Middle School
  • Cosby High School

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 103 063.00 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$996

Year Built

Built in 1974

Lot Details

0

Parking

1

Listing Details

  • Directions: FROM I-40 EXIT# 440 (COSBY/GATLINBURG EXIT) GO HWY 73 SW TOWARD GATLINBURG FOR 2 MILES, LEFT ON HWY 321, LEFT ON GREASY COVE 5/10 MILE TO DRIVEWAY ON LEFT. FROM GATLINBURG GO HWY 321 NORTH APPROX 21 MILES, RIGHT ON GREASY COVE RD APPROX 5/10 MILE TO DRIVEWAY ON LHS, SIGN!
  • Prop. Type: Residential
  • Year Built: 1974
  • Garage Garage Spaces: 1
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Not In Subdivision
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 4.98
  • General Property Description Zoning2: None
  • General Property Description Elementary School3: Cosby
  • General Property Description Middle School2: Newport Grammar
  • General Property Description High School3: Cosby
  • Water Public: Yes
  • General Property Description Lot Dimensions: 487x667x361x456
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1356.0
  • General Property Description Above Grade SqFt: 1356.0
  • AC Central Air: Yes
  • General Property Description Parcel ID2: 103 063.00 000
  • General Property Description # Fireplaces: 1
  • Style Ranch: Yes
  • AC Heat Pump3: Yes
  • General Property Description Stories2: 1
  • View Mountain(s): Yes
  • TopographyLot Description Rolling Slope: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Utilities Cable Available: Yes
  • Window Features Window Treatment-Some: Yes
  • Roof Metal3: Yes
  • Flooring Vinyl: Yes
  • Walls Paneling: Yes
  • Property Condition Average: Yes
  • Fireplace Masonry: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Cooktop
  • Has Basement: Unfinished, Walk-Out Access
  • Flooring: Carpet, Vinyl
  • Window Features: Window Treatment-Some
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Masonry
  • Fireplaces: 1
  • Total Bedrooms: 7
  • General Property Description Baths - Full: 1
  • General Property Description Baths - 12: 1
  • Fireplace:Living Room: Yes
  • Basement:Walk-Out Access: Yes
  • Appliances:Cooktop: Yes
  • Basement:Unfinished: Yes
  • Other Rooms:Sun Room - Unheated: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Metal
  • View: Mountain(s)
  • Acres: 4.98
  • Topography: Rolling Slope
  • Home Warranty: No
  • Construction Type: Brick
  • Patio And Porch Features: Covered, Porch
  • Exterior Finish Brick4: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Porch: Yes

Garage/Parking

  • Parking Features: Attached
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features:Attached: Yes

Utilities

  • Heating: Electric, Heat Pump
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric: Yes

Schools

  • Elementary School: Cosby
  • High School: Cosby
  • Middle Or Junior School: Newport Grammar

Lot Info

  • Zoning: None
  • Lot Dimensions: 487x667x361x456
  • Lot Size Sq Ft: 216928.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 103 063.00 000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 1408

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Sep 16, 2021
Sold by
Ogle Linda G
Bought by
Hefner Robert Chadwick and Hefner Melissa L
Seller's Agent
Rae Massey
Massey Realty
Buyer's Agent
Rae Massey
Massey Realty
List Price
$159,000
Sold Price
$159,000
Current Estimated Value
$303,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,056
Avg. Annual Appreciation
17.55%
Original Mortgage
$160,538
Outstanding Balance
$146,503
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$156,553

Purchase Details

Closed on
Jul 11, 2014
Sold by
Ogle Linda G
Bought by
Ogle Linda G and Ogle Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
2.9%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Sep 12, 2005
Sold by
Ogle Wayne
Bought by
Stovall Roger
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
Hefner Robert Chadwick $159,000 Accommodation
Ogle Linda G -- --
Stovall Roger $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hefner Robert Chadwick $160,538
Previous Owner Ogle Linda G $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2021 09/16/21 Sold $159,000 0.0% $117 / Sq Ft
08/19/2021 08/19/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $159,000 -- $117 / Sq Ft
Source: Tennessee/Virginia Regional 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 $996 $38,900 $11,700 $27,200
2023 $996 $38,900 $11,700 $27,200
2022 $998 $38,900 $11,700 $27,200
2021 $998 $38,900 $11,700 $27,200
2020 $1,045 $38,900 $11,700 $27,200
2019 $1,045 $36,925 $12,375 $24,550
2018 $1,045 $36,925 $12,375 $24,550
2017 $1,071 $36,925 $12,375 $24,550
2016 $955 $36,925 $12,375 $24,550
2015 $916 $36,925 $12,375 $24,550
2014 $916 $36,925 $12,375 $24,550
2013 $916 $38,175 $10,475 $27,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9927354

Tennessee/Virginia Regional MLS

APN: 103-063.00