NOT LISTED FOR SALE

2450 W Allens Bridge Rd Greeneville, TN 37743

Estimated Value: $728,000

35.89 Acres
$20,284 Price per Acre
1,563,368 Sq Ft Lot

Last Sold February 26, 2021

Last sale price $775,000 $316 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $4,588/month

616 Days on Market

Highlights

  • River Front
  • Farm
  • Pasture
  • 35.89 Acre Lot
  • No HOA
  • Greenbelt

About This Lot

As of February 2021

Enjoy swimming, fishing, canoeing and kayaking on one of the calmest parts of the Nolichuckey river with beautiful bluffs as a back drop. The current owner has improved the property so that it now offers a pristine beach which has been reinforced to prevent erosion from flooding. The acreage is on greenbelt with approximately 3 miles of pvc fencing creating 4 separate pastures with a service road in between. Perfect for horses! Also included are the gorgeous mountain and river views, a cabin at the river and a partially finished main house (2004). The house has epay hardwood decking, copper metal roof, two bathrooms tiled with some fixtures in place and some flooring down. Plans are available but up to new owner to complete. 1000' of river frontage, septic system in place, public water and two deep wells, and then there is the stone work! Hand stacked river rock and flagstone walls, patios, steps and plateaus. So much to describe, you have to see it in person. Possible development potential, some deed restrictions will be placed on the property at the time of sale.

Last Agent to Sell the Property

Megan Pierce

Century 21 Legacy - Greeneville License #346936 Listed on: 01/08/2021

Century 21 Legacy - Greeneville

Last Buyer's Agent

Non Member

Non Member

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,244

Lot Details

  • 35.89 Acre Lot
  • River Front

Property Views

  • Water
  • Mountain

Schools

  • Nolichuckey Elementary School
  • Nolichucky Middle School
  • South Greene High School

Farming

  • Farm
  • Pasture
  • Livestock

Utilities

  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Greenbelt

Listing and Financial Details

  • Assessor Parcel Number 004.05,046.00,046.08

Property Details

Property Type

Land

Est. Annual Taxes

$1,244

Lot Details

0

Listing Details

  • Directions: From Greeneville, Hwy 70S (Asheville Hwy) to right on West Allens Bridge Rd. Property 2.4 miles on right just past log cabin complex.
  • Prop. Type: Land
  • Road Surface Type: Paved
  • Road Frontage Type: 2 Lane Road
  • Location Tax Legal Info Parcel ID: 004.05,046.00,046.08
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 35.89
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Nolichuckey
  • General Property Description Middle School2: Nolichucky
  • General Property Description High School3: South Greene
  • Water Public: Yes
  • View Mountain(s): Yes
  • Utilities Electricity Available: Yes
  • View Water2: Yes
  • Lot Features Pasture4: Yes
  • Permitted Livestock: Yes
  • Other Features Pasture5: Yes
  • Land Type Farm: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Greenbelt, Pasture
  • View: Mountain(s), Water
  • Waterfront Features: River Front
  • Acres: 35.89
  • Waterfront: Yes
  • Lot Features:Greenbelt: Yes
  • Waterfront Features:River Front: Yes

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, Other, See Remarks
  • Water Source: Public, Well
  • Sewer Septic Tank: Yes
  • Water Well: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Nolichuckey
  • High School: South Greene
  • Middle Or Junior School: Nolichucky

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 35.89 acres
  • Lot Size Sq Ft: 1563368.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 004.05,046.00,046.08
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2021
Closed on
Feb 23, 2021
Sold by
Wallack David
Bought by
Baker Kenneth F and Baker Maureen R
Seller's Agent
Megan Pierce
Century 21 Legacy - Greeneville
Buyer's Agent
Non Member
Non Member
List Price
$975,000
Sold Price
$775,000
Premium/Discount to List
-$200,000
-20.51%
Current Estimated Value
$728,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,000
Original Mortgage
$841,500
Outstanding Balance
$754,345
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 19, 2005
Sold by
Greene Jerry B
Bought by
Wallack David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.59%
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
Baker Kenneth F $775,000 None Available
Wallack David $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Kenneth F $841,500
Previous Owner Wallack David $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2021 02/26/21 Sold $775,000 -20.5% $316 / Sq Ft
01/16/2021 01/16/21 Pending -- -- --
05/10/2019 05/10/19 For Sale $975,000 -- $397 / 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
2020 $1,244 $61,775 $8,700 $53,075
2019 -- $61,775 $8,700 $53,075
2018 -- $61,775 $8,700 $53,075
2017 -- $59,875 $8,475 $51,400
2016 -- $67,325 $8,475 $58,850
2015 -- $67,325 $8,475 $58,850
2014 -- $67,325 $8,475 $58,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 421473

Tennessee/Virginia Regional MLS

APN: 156-004.05