NOT LISTED FOR SALE

241 County Road 31 Riceville, TN 37370

Estimated Value: $502,000 - $595,000

4 Beds
2 Baths
3,009 Sq Ft
$178/Sq Ft Est. Value

Last Sold May 25, 2022

Last sale price $410,000 $136 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,916/month

36 Days on Market

Highlights

  • Fruit Trees
  • No HOA
  • Eat-In Kitchen
  • Ranch Style House
  • Porch
  • Tile Flooring

About This Home

As of May 2022

Enjoy country living close to the city. The 4BR 2B brick ranch located on 11.87 acres provides plenty of space for entertaining as well as a lot of area to play for small children and pets. HVAC unit is about 4 yrs old. Schedule your showing today to see everything this charming home has to offer.

Last Agent to Sell the Property

Markietta Munck

RE/MAX Experience License #295807 Listed on: 03/04/2022

RE/MAX Experience

Last Buyer's Agent

Melinda Ramage

eXp Realty - Cleveland License #363707

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,074

Year Built

  • Built in 1960

Lot Details

  • 11.87 Acre Lot
  • Lot Dimensions are 682x778
  • Lot Has A Rolling Slope
  • Fruit Trees

Home Design

  • Ranch Style House
  • Metal Roof

Interior Spaces

  • 3,009 Sq Ft Home
  • Blinds
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Carport Spaces
  • Driveway

Outdoor Features

  • Porch

Schools

  • Calhoun Elementary And Middle School
  • Mcminn County High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • None Subdivision

Listing and Financial Details

  • Assessor Parcel Number 103 089.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,074

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 11.87
  • Lot Size: 682x778
  • Subdivision Name: --NONE--
  • Directions: US-11 N / TN-2 / N Lee Hwy, Turn left onto County Road 31, Straight about 1/2 mile house on right.
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Garage Yn: No
  • Year Built: 1960
  • General Property Information:Living Area2: 3009.0
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Interior Amenities: Kitchen Island, Eat-in Kitchen
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Carpet, Tile
  • Living Area: 3009.0
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Kitchen Island: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Eat-in Kitchen: Yes

Exterior Features

  • Roof: Metal
  • Lot Features: Fruit Trees
  • View: None
  • Patio And Porch Features: Porch
  • Patio And Porch Features:Porch: Yes
  • Lot Features:Rolling Slope: Yes
  • Window Features:Blinds: Yes
  • Exterior Features:Fruit Trees: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.0
  • Parking Features: Driveway, Gravel
  • General Property Information:Garage YN: No
  • General Property Information:Attached Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes

Utilities

  • Heating: Central
  • Cooling: Central Air
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Calhoun
  • High School: McMinn County
  • Middle Or Junior School: Calhoun

Lot Info

  • Lot Size Sq Ft: 517057.2
  • Parcel #: 103 089.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1074.32
  • Tax Book Number: 21N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2022
Closed on
May 24, 2022
Sold by
Adams Nathan E
Bought by
Wolff Dawn and Wolff Daniel T
Seller's Agent
Markietta Munck
RE/MAX Experience
Buyer's Agent
Melinda Ramage
eXp Realty - Cleveland
List Price
$369,900
Sold Price
$410,000
Premium/Discount to List
$40,100
10.84%
Current Estimated Value
$534,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,464
Avg. Annual Appreciation
9.54%
Original Mortgage
$402,573
Outstanding Balance
$385,685
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$169,675

Purchase Details

Listed on
Jun 7, 2018
Closed on
Jul 27, 2018
Sold by
Farrar Sandra M
Bought by
Adams Nathan E and Adams Julieta N
Seller's Agent
Paul Avratin
Keller Williams Realty
Buyer's Agent
Amy Sparrow
Keller Williams Realty
List Price
$299,900
Sold Price
$285,000
Premium/Discount to List
-$14,900
-4.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.96%
Original Mortgage
$279,837
Interest Rate
4.6%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 8, 1995
Sold by
Hutsell Ted M
Bought by
Farrar Sandra
Source: Public Records

Range of Values:

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Average Value
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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
Wolff Dawn $4,000 Riverside Title
Adams Nathan E $285,000 --
Farrar Sandra $127,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolff Dawn $402,573
Previous Owner Adams Nathan E $279,837
Previous Owner Farrar Sandra M $152,250
Previous Owner Farrar Sandra M $154,410
Previous Owner Farrar Chester M $70,000
Previous Owner Farrar Chester M $94,565
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2022 05/25/22 Sold $410,000 +10.8% $136 / Sq Ft
03/04/2022 03/04/22 For Sale $369,900 +29.8% $123 / Sq Ft
07/27/2018 07/27/18 Sold $285,000 -5.0% $95 / Sq Ft
06/12/2018 06/12/18 Pending -- -- --
06/07/2018 06/07/18 For Sale $299,900 -- $100 / Sq Ft
Source: River Counties Association of REALTORS®

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 $1,122 $103,625 $15,875 $87,750
2023 $1,122 $103,625 $15,875 $87,750
2022 $1,074 $69,425 $15,875 $53,550
2021 $1,074 $69,450 $15,875 $53,575
2020 $1,074 $69,450 $15,875 $53,575
2019 $1,074 $69,450 $15,875 $53,575
2018 $1,074 $69,450 $15,875 $53,575
2017 $967 $59,575 $17,375 $42,200
2016 $962 $59,575 $17,375 $42,200
2015 -- $59,575 $17,375 $42,200
2014 $963 $59,598 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: River Counties Association of REALTORS®

MLS Number: 20221033

River Counties Association of REALTORS®

APN: 103-089.00