NOT LISTED FOR SALE

246 Falls Rd Hampton, TN 37658

Estimated Value: $176,220 - $246,000

2 Beds
1.5 Baths
1,248 Sq Ft
$168/Sq Ft Est. Value

Last Sold June 24, 2016

Last sale price $75,000 $60 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $1,132/month

76 Days on Market

Highlights

  • Barn
  • Creek or Stream View
  • Covered Patio or Porch
  • Stables
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of June 2016

"Rustic Style Home" Nestled on 7 level acres and bordered by a rushing Creek in the foothills of Upper East Tennessee. The land is simply beautiful with the perfect mix of Tall Timbers and lush meadows with abundance of wildlife. The home has Copper Kettle Charm with character plus! The home features a Cozy Living room, galley style kitchen with rustic style cabinets, 2 bedrooms with 1 full bathroom and half bath off the 2nd bedroom, laundry area, utility room, 2 car garage. The home has a newer metal roof and Brand New Heat Pump with the electric service just updated. Additional features include 2 outbuildings plus a 2 stall barn so bring your horses. You better come running on this one! This setting cannot be duplicated!

Last Agent to Sell the Property

LISTINGS TRANSFERRED

Mountain Aire Realty, LLC Listed on: 02/11/2016

Last Buyer's Agent

Deborah Sutherland

Mountain Aire Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 7.18 Acre Lot
  • Level Lot
  • Garden
  • Property is in average condition

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,248 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Utility Room
  • Creek or Stream Views
  • Crawl Space

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Covered Patio or Porch
  • Shed
  • Outbuilding

Schools

  • Hampton Elementary And Middle School
  • Hampton High School

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Stables

Utilities

  • Cooling Available
  • Heat Pump System
  • Shared Well
  • Septic Tank

Community Details

  • FHA/VA Approved Complex

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 096 046.01

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Directions: Take Hwy 19E towards Roan Mountain, turn right on Simerly Creek (Hwy 173), turn left on Fairview Road, turn right on Falls Road, stay right at fork, see sign on the right.
  • Prop. Type: Residential
  • Year Built: 1947
  • Garage Garage Spaces: 2
  • Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: In Foreclosure
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: Yes
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 7.18
  • General Property Description Zoning2: RES
  • General Property Description Elementary School3: Hampton
  • General Property Description Middle School2: Hampton
  • General Property Description High School3: Hampton
  • General Property Description Lot Dimensions: 7.18
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1248.0
  • General Property Description Above Grade SqFt: 1248.0
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 096 046.01
  • Style Ranch: Yes
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • General Property Description Stories2: 1
  • Other Structures Outbuilding: Yes
  • Other Structures Shed(s): Yes
  • TopographyLot Description Pasture2: Yes
  • Flooring Carpet: Yes
  • View CreekStream: Yes
  • Roof Metal3: Yes
  • Property Condition Average: Yes
  • Other Structures Barn(s): Yes
  • Other Structures Storage2: Yes
  • Other Structures Stable(s): Yes
  • Water Shared Well2: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: 1028

Interior Features

  • Has Basement: Crawl Space
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Entrance Foyer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • General Property Description Baths - Full: 1
  • General Property Description Baths - 12: 1
  • Interior Features:Entrance Foyer: Yes
  • Basement:Crawl Space: Yes
  • Other Rooms:Utility Room: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Metal
  • Other Structures: Stable(s), Barn(s), Outbuilding, Shed(s), Storage
  • View: Creek/Stream
  • Exterior Features: Garden
  • Acres: 7.18
  • Topography: Level, Pasture
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Patio And Porch Features: Back, Covered
  • Exterior Finish Wood Siding: Yes
  • Exterior Features:Garden: Yes
  • PorchPatioDeck Back: Yes
  • PorchPatioDeck Covered: Yes

Garage/Parking

  • Parking Features: Attached, Gravel
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features:Gravel: Yes
  • Parking Features:Attached: Yes

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Tank
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Shared Well
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Schools

  • Elementary School: Hampton
  • High School: Hampton
  • Middle Or Junior School: Hampton

Lot Info

  • Zoning: RES
  • Lot Dimensions: 7.18
  • Lot Size Sq Ft: 312760.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 096 046.01
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2016
Closed on
May 5, 2016
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Lunsford Michael A
Seller's Agent
LISTINGS TRANSFERRED
Mountain Aire Realty, LLC
Buyer's Agent
Deborah Sutherland
Mountain Aire Realty, LLC
List Price
$144,900
Sold Price
$75,000
Premium/Discount to List
-$69,900
-48.24%
Current Estimated Value
$209,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,805
Avg. Annual Appreciation
11.37%
Original Mortgage
$71,250
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2015
Sold by
Rice John Edward Estate
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 23, 2015
Sold by
Rice John Edward Estate
Bought by
Security Federal Bank

Purchase Details

Closed on
May 27, 1987
Bought by
Rice John Edward

Purchase Details

Closed on
Sep 26, 1983
Bought by
Royalty Dale
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lunsford Michael A $75,000 --
Federal Home Loan Mortgage Corporation $85,000 --
Security Federal Bank $34,000 --
Rice John Edward $47,000 --
Royalty Dale -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lunsford Michael A $71,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2016 06/24/16 Sold $75,000 -48.2% $60 / Sq Ft
04/28/2016 04/28/16 Pending -- -- --
02/11/2016 02/11/16 For Sale $144,900 -- $116 / 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
2025 $435 $20,725 $9,725 $11,000
2024 $435 $19,975 $9,725 $10,250
2023 $435 $19,975 $0 $0
2022 $405 $19,975 $9,725 $10,250
2021 $405 $19,975 $9,725 $10,250
2020 $403 $19,975 $9,725 $10,250
2019 $390 $15,775 $7,175 $8,600
2018 $390 $15,775 $7,175 $8,600
2017 $390 $15,775 $7,175 $8,600
2016 $386 $15,775 $7,175 $8,600
2015 $386 $15,775 $7,175 $8,600
2014 $386 $15,775 $7,175 $8,600
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    LISTINGS TRANSFERRED

    Mountain Aire Realty, LLC

  • D

    Buyer's Agent in 2016

    Deborah Sutherland

    Mountain Aire Realty, LLC

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 372797

Tennessee/Virginia Regional MLS

APN: 096-046.01

Tennessee Carter County Hampton 37658

246 Falls Rd, Hampton, TN

Not Listed for Sale

Detached

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