NOT LISTED FOR SALE

242 McGhee Ln Jacksboro, TN 37757

Estimated Value: $369,000 - $424,823

3 Beds
2 Baths
2,160 Sq Ft
$185/Sq Ft Est. Value

Last Sold May 24, 2023

Last sale price $335,000 $155 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,210/month

2 Days on Market

Highlights

  • In Ground Pool
  • 1.39 Acre Lot
  • Deck
  • RV Access or Parking
  • Mountain View
  • Private Lot

About This Home

As of May 2023

This home is so welcoming, it is even handicap accessible! With its abundance of natural light and spacious 2,160 square feet. It is laid out extensively on a single level split floor plan so there is lots of room to spread out. Cathedral ceilings throughout the living room, kitchen and huge dining area give the home a generous open feel. Enjoy your morning coffee from your covered front entry porch (lots of room for a hanging swing :) ) or , sit back and relax and watch the sunset over the mountains from your kitchen/ dining area or one of the many decks. Speaking of decks, there is an inground pool and partially covered patio area, all fenced in. The pool needs work and is currently covered. (pool needs new liner, pump and etc). The possibilities are endless!
HUGE detached garage/workshop is built into the side of the hill and also has running water. Bring all your TOYS as you shouldn't have a problem finding storage and a place to work on them with over 1,100 sq feet and tall ceilings. The property is 1.39 acres and has 2 separate entrances, one for the home and one for the detached garage/workshop. Minutes from Norris Lake , ATV trails and shopping. Buyer/Agent to verify all information.

Last Agent to Sell the Property

Rachel Corkins

eXp Realty, LLC License #369207 Listed on: 04/14/2023

Last Buyer's Agent

Steven Hensley

VFL Real Estate, Realty Executives License #345084

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $835

Year Built

  • Built in 2007

Lot Details

  • 1.39 Acre Lot
  • Chain Link Fence
  • Private Lot
  • Level Lot
  • Irregular Lot

Parking

  • 2 Car Detached Garage
  • Off-Street Parking
  • RV Access or Parking

Property Views

  • Mountain Views
  • Countryside Views

Home Design

  • Traditional Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,160 Sq Ft Home
  • Wired For Data
  • Cathedral Ceiling
  • Ceiling Fan
  • Free Standing Fireplace
  • Gas Log Fireplace
  • Vinyl Clad Windows
  • Insulated Windows
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Workshop
  • Storage Room
  • Utility Room
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • In Ground Pool
  • Deck
  • Covered Patio or Porch
  • Separate Outdoor Workshop

Schools

  • Jacksboro Elementary And Middle School
  • Campbell County Comprehensive High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank
  • Internet Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 119C B 048.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$835

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Directions: From I-75 take exit 134 towards Lafollette. Turn right onto Queener Road and go approximately 1.2 miles. Turn right onto Stone Mill Road and go approximately 1 mile. Turn right onto Island Ford Road then turn left on Mount Paran Road. Turn right onto McGhee Lane. Property will be on the right. Sign on the property
  • Property Sub Type: Single Family Residence
  • Prop. Type: Single Family
  • Year Built: 2007
  • Lot Size Acres: 1.39
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Lot Description:Rolling Slope: Yes
  • View:Mountain View: Yes
  • Lot Description:Irregular Lot: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 2160.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: No
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: Yes
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Siding:Vinyl2: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Fuel:Gas (Natural): Yes
  • Heat:Central: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Water:Public: Yes
  • Floors:Laminate: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Lot Description:Private: Yes
  • Floors:Tile2: Yes
  • Dining Area:Formal Dining Area: Yes
  • Misc Features:Cathedral Ceiling: Yes
  • Misc Features:Wired for Internet: Yes
  • Dining Area:Breakfast Bar: Yes
  • Misc Features:Whirlpool Tub: Yes
  • Fireplace Free Standing: Yes
  • Outbuildings:Detached Workshop: Yes
  • Misc Features:Handicap Accessible: Yes
  • Misc Features:Wired for DSL: Yes
  • Location Tax Legal Info:Property Sub-Type: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Handicapped Equipped, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
  • Basement YN: No
  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Free Standing, Gas Log
  • Fireplaces: 1
  • Flooring: Laminate, Tile
  • Interior Amenities: Walk-In Closet(s), Cathedral Ceiling(s), Breakfast Bar
  • Window Features: Windows - Insulated
  • Fireplace:Gas Log: Yes
  • Basement:Crawl Space: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Security Alarm: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:Extra Storage3: Yes
  • Other Rooms:LaundryUtility: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Appliances:Gas Stove: Yes
  • Other Rooms:Workshop: Yes
  • Fireplace:Gas5: Yes
  • Appliances:Handicapped Equipped: Yes

Exterior Features

  • Exterior Features: Windows - Vinyl
  • View: Mountain View, Country Setting
  • Lot Features: Private, Irregular Lot, Level, Rolling Slope
  • Pool Features: Pool - Swim (Ingrnd)
  • Construction Type: Vinyl Siding, Frame
  • Other Structures: Workshop
  • Patio And Porch Features: Porch - Covered, Patio, Deck
  • Construction:Frame: Yes
  • Exterior Features:Deck: Yes
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Windows - Insulated: Yes
  • Exterior Features:Windows - Vinyl: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pool - Swim (Ingrnd): Yes

Garage/Parking

  • GarageParkingGarageSpaces: 2.0
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Off-Street Parking, Detached, RV Parking
  • GarageParking:Off-Street Parking: Yes
  • GarageParking:Detached2: Yes
  • GarageParking:RV Parking: Yes

Utilities

  • Cooling: Central Cooling, Ceiling Fan(s)
  • Sewer: Septic Tank
  • Security: Security Alarm, Smoke Detector
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Water Source: Public
  • Sewer Septic Tank: Yes

Schools

  • Elementary School: Jacksboro
  • High School: Campbell County Comprehensive
  • Middle Or Junior School: Jacksboro

Lot Info

  • Lot Size Sq Ft: 60548.4
  • Parcel #: 119C B 048.00

Tax Info

  • Tax Annual Amount: 835.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2023
Closed on
May 24, 2023
Sold by
Smith Jeremy K
Bought by
Phillips Jeffrey David and Phillips Tammy K
Seller's Agent
Rachel Corkins
eXp Realty, LLC
Buyer's Agent
Steven Hensley
VFL Real Estate, Realty Executives
List Price
$350,000
Sold Price
$335,000
Premium/Discount to List
-$15,000
-4.29%
Views
50
Current Estimated Value
$398,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,706
Avg. Annual Appreciation
7.59%
Original Mortgage
$335,000
Outstanding Balance
$325,480
Interest Rate
6.27%
Mortgage Type
VA
Estimated Equity
$73,226

Purchase Details

Closed on
Dec 30, 2019
Sold by
Pitts Larry Charles
Bought by
Black Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,544
Interest Rate
3.73%
Mortgage Type
VA

Purchase Details

Closed on
Oct 2, 1995
Sold by
Mcghee Edward
Bought by
Pitts Larry
Source: Public Records

Range of Values:

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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
Phillips Jeffrey David $335,000 Concord Title
Black Charles $168,500 Certified Title Company
Pitts Larry $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Jeffrey David $335,000
Previous Owner Black Charles $172,544
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/24/2023 05/24/23 Sold $335,000 -4.3% $155 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
04/14/2023 04/14/23 For Sale $350,000 +34.6% $162 / Sq Ft
04/27/2022 04/27/22 Sold $260,000 -- $120 / Sq Ft View Prior Sale
02/02/2022 02/02/22 Pending -- -- --
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 $1,044 $85,875 $8,525 $77,350
2023 $1,015 $49,150 $7,650 $41,500
2022 $835 $40,425 $5,125 $35,300
2021 $835 $40,425 $5,125 $35,300
2020 $818 $40,425 $5,125 $35,300
2019 $835 $40,425 $5,125 $35,300
2018 $824 $36,600 $4,300 $32,300
2017 $824 $36,600 $4,300 $32,300
2016 $824 $36,600 $4,300 $32,300
2015 $728 $36,600 $4,300 $32,300
2014 -- $36,600 $4,300 $32,300
2013 -- $36,600 $4,300 $32,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1223864

East Tennessee REALTORS® MLS

APN: 119C-B-048.00