NOT LISTED FOR SALE

2531 Looney Rd Parrottsville, TN 37843

Estimated Value: $239,000 - $371,362

56.8 Acres
$5,363 Price per Acre
2,474,208 Sq Ft Lot

Last Sold November 25, 2019

Last sale price $125,000

Est. 144% increase in value since last sale

Current estimated payment $1,744/month

96 Days on Market

Highlights

  • Barn
  • No HOA
  • Steep Slope
  • 56.8 Acre Lot
  • Partially Fenced Property

About This Lot

As of November 2019

Land like this is hard to find!!!! 56+ acres of unrestricted land. Abandoned doublewide on property has no value. Fronts both sides of Looney Rd. This property use to be an Alpaca Farm. Barn with stalls and 2 ponds that are both spring fed. This beautiful piece of property could be used to build your dream home on.

Last Agent to Sell the Property

Keith Keller

Keller Realty and Auction License #243004 Listed on: 07/18/2019

Last Buyer's Agent

Keith Keller

Keller Realty and Auction License #243004 Listed on: 07/18/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $987

Lot Details

  • 56.8 Acre Lot
  • Partially Fenced Property
  • Steep Slope

Farming

  • Barn

Utilities

  • Well
  • Septic Tank

Community Details

Overview

  • No Home Owners Association

Recreation

  • Outbuilding

Property Details

Property Type

Land

Est. Annual Taxes

$987

Lot Details

0

Listing Details

  • Property Type: Land
  • Zoning: None
  • Reso Property Sub Type: Farm
  • ResoLotFeatures: Gentle Sloping, Rolling Slope, Steep Slope
  • Co List Office Mls Id: 615
  • Subdivision Name: Other
  • Reso Other Structures: Barn(s), Outbuilding
  • Location Tax and Legal Tax Lot2: N/A
  • Location Tax and Legal:Tax Annual Amount: 987.0
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Lot Size Acres: 56.8
  • Water Source:Well: Yes
  • Other Structures:Outbuilding: Yes
  • Fencing:Partial2: Yes
  • Other Structures:Barn(s): Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 2531
  • Possible Use: Farm, Manufactured Home, Single Family

Exterior Features

  • Fencing: Partial
  • Acres: 56.8
  • Lot Features:Rolling Slope: Yes
  • Lot Features:Steep Slope: Yes
  • Lot Features:Gentle Sloping: Yes

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Name: N/A
  • Association: No

Lot Info

  • Lot Size Sq Ft: 2474208.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 987.0
  • Tax Lot: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2020
Sold by
Vincent Gail
Bought by
Faulkner Cheyenne and Wilson Daniel
Current Estimated Value
$304,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Outstanding Balance
$107,448
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$201,037

Purchase Details

Closed on
Apr 6, 1994

Purchase Details

Closed on
Oct 30, 1991
Bought by
Harris Janice K and Harris Gail C Vincent
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
Faulkner Cheyenne $125,000 Blue Ridge Title Company Llc
-- $3,500 --
Harris Janice K $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faulkner Cheyenne $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2020 02/23/20 Off Market $125,000 -- --
11/25/2019 11/25/19 Sold $125,000 -13.8% --
07/18/2019 07/18/19 For Sale $145,000 -- --
Source: Great Smoky Mountains 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 $1,004 $39,225 $16,500 $22,725
2023 $1,004 $39,225 $16,500 $22,725
2022 $1,006 $39,225 $16,500 $22,725
2021 $1,006 $39,225 $16,500 $22,725
2020 $988 $39,225 $16,500 $22,725
2019 $988 $34,900 $15,375 $19,525
2018 $988 $34,900 $15,375 $19,525
2017 $1,012 $34,900 $15,375 $19,525
2016 $903 $34,900 $15,375 $19,525
2015 $901 $34,900 $15,375 $19,525
2014 $901 $34,900 $15,375 $19,525
2013 $901 $37,525 $13,375 $24,150
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2019

    Keith Keller

    Keller Realty and Auction

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 223608

Great Smoky Mountains Association of REALTORS®

APN: 022-018.00

Tennessee Cocke County Parrottsville 37843

2531 Looney Rd, Parrottsville, TN

This home is located at 2531 Looney Rd, Parrottsville, TN 37843 since 18 July 2019 and is currently estimated at $304,591. 2531 Looney Rd is a home located in Cocke County with nearby schools including Parrottsville Elementary School and Cocke County High School.

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