NOT LISTED FOR SALE

245 Tim Stephens Ln Gainesboro, TN 38562

Estimated Value: $116,000 - $151,000

1 Bed
1 Bath
507 Sq Ft
$262/Sq Ft Est. Value

Last Sold October 30, 2023

Last sale price $105,000 $207 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $756/month

Highlights

  • Home fronts a pond
  • Newly Painted Property
  • Cooling Available
  • River View
  • No HOA
  • Landscaped with Trees

About This Home

As of October 2023

Historic hunting cabin updated for your perfect vacation home nestled in the heart of Tennessee. 5 surveyed, mountain top acres and a fully heated/air conditioned 1br/1br cabin already onsite with city power and water! The property has 2 rain waterfalls, spring fed pond with Koi fish, bamboo garden planted, RV space with outdoor H2O pump and 2 acres overlooking the Cumberland River with a switchback created for riverfront view homesite! The cabin onsite comes fully furnished with upscale dcor, queen bed and queen pull out couch to sleep 4 in air conditioned comfort! All new furniture, appliances, and brand new washer dryer combo stays for turnkey buying experience! Great off grid potential and private county maintained road leading to your cabin just outside historic Gainesboro and 10 minutes from Cummins Falls State Park. Motivated seller! Land financing, construction loan, cash offers, and owner financing available with 65k down and remainder over 3 years with NO interest!

Last Agent to Sell the Property

Brenda Blaeser

First Realty Company Brokerage Phone: 9315281573 License #348141 Listed on: 08/01/2023

Last Buyer's Agent

Brenda Blaeser

First Realty Company Brokerage Phone: 9315281573 License #348141 Listed on: 08/01/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $374

Year Built

  • Built in 2012

Lot Details

  • 5 Acre Lot
  • Home fronts a pond
  • Landscaped with Trees

Home Design

  • Newly Painted Property
  • Frame Construction
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 507 Sq Ft Home
  • 1-Story Property
  • River Views
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Heating Available
  • Natural Gas Not Available
  • Electric Water Heater
  • Engineered Septic
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 068.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$374

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Attribution Contact: 9315281573
  • Directions: Highway 56 towards Gainesboro, continue on Free State Rd, left on Buck Branch, turn left on Tim Stephens, property on left with sign.
  • Unit Levels: One
  • Prop. Type: Residential
  • Year Built: 2012
  • Property Sub Type: Site Built w/Acreage
  • Lot Size Acres: 5
  • Lot Size: 5 AC
  • Subdivision Name: None
  • Carport Y N: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Electric Oven, Refrigerator, Electric Range, Microwave, Washer, Dryer
  • Has Basement: Crawl Space
  • Flooring: Vinyl
  • Interior Amenities: New Paint
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 507
  • Window Features: Double Pane Windows

Exterior Features

  • Roof: Metal
  • Lot Features: Trees
  • View: Cordell Hull, Cumberland River, Water
  • View: Yes
  • Waterfront Features: Pond, Cordell Hull, Cumberland River
  • Waterfront: Yes
  • Disclosures: Lead Paint Disclosure
  • Construction Type: Frame, Metal Siding
  • Patio And Porch Features: Porch, Covered

Garage/Parking

  • Attached Garage: No

Utilities

  • Electric: Circuit Breakers, UCEMC
  • Heating: Electric
  • Sewer: Septic Tank, Engineered Septic
  • Gas Company: N/A
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Natural Gas Not Available
  • Water Source: Public, Jackson Co. Utility

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 217799
  • Farm Land Area Units: Square Feet
  • Parcel #: 068.00
  • Irrigation Water Rights: No

Tax Info

  • Tax Annual Amount: 373.85
  • Tax Book Number: 99
  • Tax Map Number: 044

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2023
Closed on
Oct 27, 2023
Sold by
Stiers Luke
Bought by
Butterfield Jeff Linn and Butterfield Audra Janine
Seller's Agent
Brenda Blaeser
First Realty Company
Buyer's Agent
Brenda Blaeser
First Realty Company
List Price
$135,000
Sold Price
$105,000
Premium/Discount to List
-$30,000
-22.22%
Views
361
Current Estimated Value
$132,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,659
Avg. Annual Appreciation
3.29%
Original Mortgage
$40,000
Outstanding Balance
$26,810
Interest Rate
7.19%
Mortgage Type
Seller Take Back
Estimated Equity
$84,636

Purchase Details

Listed on
Jul 29, 2020
Closed on
Oct 20, 2020
Sold by
Mcintosh Arnold
Bought by
Stiers Luke
Seller's Agent
Brenda Blaeser
First Realty Company
Buyer's Agent
Brenda Blaeser
First Realty Company
Sold Price
$64,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.60%
Original Mortgage
$24,000
Interest Rate
2.8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 6, 2018
Sold by
Spohn Shawn D
Bought by
Mcintosh Arnold

Purchase Details

Closed on
Oct 5, 2018
Sold by
Flynn Gary and Smith Flynn Jacqueline Lea
Bought by
Mcintosh Arnold

Purchase Details

Closed on
Feb 3, 2018
Sold by
Smith Beaureguard and Smith Kara
Bought by
Spohn Shawn D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,001
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2017
Sold by
Smith Fred Wayne and Flynn Jacqueline
Bought by
Smith Beaureguard and Smith Kara

Purchase Details

Closed on
Apr 5, 2017
Sold by
Smith James E
Bought by
Smith Fred Kaye Jacqueline James H

Purchase Details

Closed on
Oct 4, 1991
Bought by
West Larry

Purchase Details

Closed on
Oct 6, 1972
Source: Public Records

Range of Values:

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Average Value
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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
Butterfield Jeff Linn $105,000 Integrity Title
Stiers Luke $64,250 None Available
Mcintosh Arnold -- None Available
Mcintosh Arnold $10,000 None Available
Spohn Shawn D $16,401 None Available
Smith Beaureguard -- None Available
Smith Fred Kaye Jacqueline James H -- --
West Larry $46,400 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butterfield Jeff Linn $40,000
Previous Owner Stiers Luke $24,000
Previous Owner Spohn Shawn D $16,001
Closed Mcintosh Arnold $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2023 10/30/23 Sold $105,000 -4.5% $207 / Sq Ft
09/29/2023 09/29/23 Price Changed $109,900 -8.3% $217 / Sq Ft
08/31/2023 08/31/23 Price Changed $119,900 -11.2% $236 / Sq Ft
08/01/2023 08/01/23 For Sale $135,000 +110.1% $266 / Sq Ft
08/01/2023 08/01/23 Pending -- -- --
10/20/2020 10/20/20 Sold $64,250 0.0% $127 / Sq Ft
01/01/1970 01/01/70 Off Market $64,250 -- --
Source: Upper Cumberland 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 $424 $16,625 $8,750 $7,875
2023 $424 $16,625 $8,750 $7,875
2022 $374 $16,625 $8,750 $7,875
2021 $374 $16,625 $8,750 $7,875
2020 $244 $16,625 $8,750 $7,875
2019 $244 $8,750 $8,750 $0
2018 $244 $8,750 $8,750 $0
2017 $244 $8,750 $8,750 $0
2016 $244 $8,750 $8,750 $0
2015 $249 $8,750 $8,750 $0
2014 -- $6,250 $6,250 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Cumberland Association of REALTORS®

MLS Number: 220341

Upper Cumberland Association of REALTORS®

APN: 044-068.00