NOT LISTED FOR SALE

2494 Highway 163 Riceville, TN 37370

Estimated Value: $429,000 - $473,000

3 Beds
2.5 Baths
2,360 Sq Ft
$191/Sq Ft Est. Value

Last Sold January 12, 2023

Last sale price $360,000 $153 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,534/month

159 Days on Market

Highlights

  • Water Views
  • No HOA
  • Cooling Available
  • 27.16 Acre Lot
  • 2 Car Attached Garage
  • Central Heating

About This Home

As of January 2023

HANDYMAN'S DREAM! Over 27 acres convenient to both Athens and Cleveland. All brick rancher with tons of space inside and out, the possibilities are endless! Property backs up to Chestuee Creek with year round water. House needs a little work but the bones are great. COME MAKE THIS BEAUTIFUL PROPERTY “HOME”!

Last Agent to Sell the Property

Darren Miller

eXp Realty, LLC License #332611 Listed on: 08/06/2022

eXp Realty, LLC

Co-Listed By

Richard 'Richie' Goodenow

eXp Realty, LLC License #360347

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $914

Year Built

  • Built in 1975

Lot Details

  • 27.16 Acre Lot

Parking

  • 2 Car Attached Garage
  • 3 Carport Spaces

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2,360 Sq Ft Home
  • Property has 3 Levels
  • Carpet
  • Water Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Mountain View Elementary
  • Central High School

Utilities

  • Cooling Available
  • Central Heating
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 131 03400 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$914

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1975
  • Unit Levels: Three Or More
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Other
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Building Area Units: Square Feet
  • Living Area: 2360
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Brick
  • Pool Private: No
  • Roof: Shingle
  • View: Water
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 3
  • Carport Y N: Yes
  • Covered Parking Spaces: 5
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 5

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 27.16
  • Lot Size: 1578x691x1237x18x121x700x
  • Lot Size Units: Acres
  • Parcel #: 131 03400 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 914

MLS Schools

  • Elementary School: Mountain View Elementary
  • High School: Central High School
  • Middle Or Junior School: Mountain View Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2022
Closed on
Jan 12, 2023
Sold by
Coulter Gregory Edmund
Bought by
Bishop David Arthur and Bishop Katherine Stelzman
Seller's Agent
Darren Miller
eXp Realty, LLC
List Price
$475,000
Sold Price
$360,000
Premium/Discount to List
-$115,000
-24.21%
Current Estimated Value
$451,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,000
Avg. Annual Appreciation
9.46%
Original Mortgage
$195,000
Outstanding Balance
$189,095
Interest Rate
6.33%
Estimated Equity
$267,905

Purchase Details

Closed on
Apr 25, 1986
Bought by
Akins Thurman and Akins Margi

Purchase Details

Closed on
Jan 1, 1982

Purchase Details

Closed on
Jan 1, 1979
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
Bishop David Arthur $360,000 Realty Title
Akins Thurman -- --
-- $100 --
-- $69,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bishop David Arthur $195,000
Previous Owner Coulter Delbert E $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2023 01/12/23 Sold $360,000 -24.2% $153 / Sq Ft
01/12/2023 01/12/23 Pending -- -- --
08/06/2022 08/06/22 For Sale $475,000 -- $201 / Sq Ft
Source: Realtracs

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 $967 $89,375 $10,425 $78,950
2023 $969 $89,375 $10,425 $78,950
2022 $914 $59,100 $9,925 $49,175
2021 $914 $59,100 $9,925 $49,175
2020 $914 $59,100 $9,925 $49,175
2019 $914 $59,100 $9,925 $49,175
2018 $914 $59,100 $9,925 $49,175
2017 $851 $52,700 $8,975 $43,725
2016 $851 $52,700 $8,975 $43,725
2015 -- $52,700 $8,975 $43,725
2014 $851 $52,682 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Darren Miller

    Seller's Agent in 2023

    Darren Miller

    eXp Realty, LLC

    (423) 284-6897

    1,120 Total Sales

    Darren Miller
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Map

Source: Realtracs

MLS Number: 2537155

Realtracs

APN: 131-034.00

Tennessee Mcminn County Riceville 37370

2494 Highway 163, Riceville, TN

This home is located at 2494 Highway 163, Riceville, TN 37370 since 06 August 2022 and is currently estimated at $451,000, approximately $191 per square foot. This property was built in 1975. 2494 Highway 163 is a home located in McMinn County.

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