NOT LISTED FOR SALE

247 Smith Ridge Rd Speedwell, TN 37870

Estimated Value: $214,000 - $314,000

3 Beds
1 Bath
1,372 Sq Ft
$193/Sq Ft Est. Value

Last Sold June 17, 2024

Last sale price $270,000 $197 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,488/month

59 Days on Market

Highlights

  • Barn
  • Traditional Architecture
  • Bonus Room
  • Mountain View
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of June 2024

VERY NICE MINI FARM ON 13.1 ACRES. WITH A 1372 SQ. FT. HOME. THE PROPERTY HAS A 1400 SQ.FT. SHOP THAT COULD BE CONVERTED INTO ANOTHER HOME. THIS BUILDING HAS AN ATTACHED SHED ON THE SIDE 10'X50'. THERE ARE TWO BARN AND A POND ON THE PROPERTY PLUS A SMALL STORAGE BUILDING.

Last Agent to Sell the Property

Janice Pratt

AAA Realty, Inc. License #290442 Listed on: 12/11/2023

Last Buyer's Agent

Janice Pratt

AAA Realty, Inc. License #290442 Listed on: 12/11/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $575

Year Built

  • Built in 1945

Lot Details

  • 13.1 Acre Lot
  • Wood Fence
  • Irregular Lot
  • Lot Has A Rolling Slope

Parking

  • 1,500 Car Garage

Property Views

  • Mountain Views
  • Countryside Views

Home Design

  • Traditional Architecture
  • Frame Construction

Interior Spaces

  • 1,372 Sq Ft Home
  • Free Standing Fireplace
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Storage
  • Washer and Dryer Hookup
  • Crawl Space

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Storage Shed

Farming

  • Barn

Utilities

  • No Cooling
  • Zoned Heating
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 078 056.03

Home Details

Home Type

Single Family

Est. Annual Taxes

$575

Year Built

Built in 1945

Lot Details

0

Parking

1500

Listing Details

  • Directions: 9.75 miles West on Highway 63. Turn left onto Watson Ln. Watson Ln is 0.8 miles past Sharp Ln Turn left onto Old Highway 63. Then 0.15 miles take the 1st right onto Aaron Davis Rd. then 1.17 miles turn right onto Back Valley Rd. then 1.54 miles turn left onto Cannery Hollow Rd. Cannery Hollow Rd is 0.2 miles past Greasy Hollow Rd .then 0.88 miles turn right onto Smith Ridge Rd. .5 miles east on Smith Ridge Rd.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1945
  • Lot Size Acres: 13.1
  • 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: 1372.0
  • 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
  • Floors:Carpet: Yes
  • Fuel:Electric: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Outbuildings:Storage Shed: Yes
  • Floors:Laminate: Yes
  • Dining Area:KitchenDining Rm Co: Yes
  • Fireplace Free Standing: Yes
  • Outbuildings:Detached Workshop: Yes
  • Cooling:None12: Yes
  • Outbuildings:Barn: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator
  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Free Standing, Other
  • Fireplaces: 1
  • Flooring: Laminate, Carpet
  • Basement:Crawl Space: Yes
  • Appliances Range: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Fireplace:Other9: Yes

Exterior Features

  • Exterior Features: Fence - Wood, Porch - Covered
  • View: Mountain View, Country Setting
  • Lot Features: Irregular Lot, Rolling Slope
  • Construction Type: Frame
  • Other Structures: Storage, Barn(s), Workshop
  • Construction:Frame: Yes
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Fence - Wood: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 1500.0
  • Garage Spaces: 1500.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other, Electric
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes

Lot Info

  • Lot Size Sq Ft: 570636.0
  • Parcel #: 078 056.03
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2023
Closed on
Jun 14, 2024
Sold by
Smith Kenneth R and Smith Frank Rebecca
Bought by
Bell David H and Brown Dennis R
Seller's Agent
Janice Pratt
AAA Realty, Inc.
Buyer's Agent
Janice Pratt
AAA Realty, Inc.
List Price
$299,900
Sold Price
$270,000
Premium/Discount to List
-$29,900
-9.97%
Views
112
Current Estimated Value
$264,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,198
Avg. Annual Appreciation
3.70%
Original Mortgage
$150,000
Outstanding Balance
$148,351
Interest Rate
7.02%
Mortgage Type
Credit Line Revolving
Estimated Equity
$133,689

Purchase Details

Closed on
Dec 10, 2006
Sold by
Smith Gary S
Bought by
Smith Ronald W

Purchase Details

Closed on
May 2, 2005
Sold by
Smith Gary S
Bought by
Smith Ronald W

Purchase Details

Closed on
Aug 31, 1999
Sold by
Smith Lonnie H
Bought by
Smith Lonnie H and Smith Ruby
Source: Public Records

Range of Values:

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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
Bell David H $270,000 None Listed On Document
Smith Ronald W $2,000 --
Smith Ronald W $40,000 --
Smith Ronald W -- --
Smith Lonnie H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell David H $40,000
Open Bell David H $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2024 06/17/24 Sold $270,000 -10.0% $197 / Sq Ft
02/09/2024 02/09/24 Pending -- -- --
12/11/2023 12/11/23 For Sale $299,900 -- $219 / Sq Ft
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 $575 $24,575 $7,975 $16,600
2023 $575 $24,575 $7,975 $16,600
2022 $492 $24,575 $7,975 $16,600
2021 $536 $20,800 $6,275 $14,525
2020 $536 $20,800 $6,275 $14,525
2019 $536 $20,800 $6,275 $14,525
2018 $536 $20,800 $6,275 $14,525
2017 $536 $20,800 $6,275 $14,525
2016 $565 $21,900 $6,275 $15,625
2015 $543 $21,900 $6,275 $15,625
2014 $543 $17,877 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1247744

East Tennessee REALTORS® MLS

APN: 078-056.03