NOT LISTED FOR SALE

256 Payne Loop Tellico Plains, TN 37385

Estimated Value: $138,000 - $240,850

3 Beds
1 Bath
1,479 Sq Ft
$124/Sq Ft Est. Value

Last Sold December 07, 2012

Last sale price $32,500 $22 Per Sq Ft

Est. 466% increase in value since last sale

Current estimated payment $1,016/month

62 Days on Market

Highlights

  • Creek On Lot
  • No HOA
  • Log Cabin
  • Main Floor Primary Bedroom
  • Covered Patio or Porch
  • Cooling Available

About This Home

As of December 2012

3 bedroom 1 Bath log exterior, metal roof, new vinyl windows, covered front porch, master on main, washer/dryer connections, creek bordering property on 1.50 acres level acres. Days 1-7: Offers will not be reviewed Days 8-12: Offers ONLY from NSP buyers, Municipalities, Non-profit organizations and Owner-occupants will be reviewed. Days 13+: We will consider offers from all buyers.

Last Agent to Sell the Property

Lisa Hunt

Realty Executives Associates License #277350 Listed on: 10/05/2012

Realty Executives Associates

Last Buyer's Agent

Sandra Martin

Crye-Leike, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $525

Year Built

  • Built in 1988

Lot Details

  • 1.5 Acre Lot
  • Level Lot

Parking

  • No Garage

Home Design

  • Log Cabin
  • Log Siding

Interior Spaces

  • 1,479 Sq Ft Home
  • Ceiling Fan
  • Vinyl Clad Windows
  • Basement
  • Crawl Space

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Creek On Lot
  • Covered Patio or Porch

Utilities

  • Cooling Available
  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 116 026.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$525

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Directions: Tellico Plains take Hwy 68 towards Madisonville right onto Reagan Valley Rd to right onto Payne Loop Rd first home on left.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1988
  • Lot Size Acres: 1.5
  • Subdivision Name: N/A
  • Architectural Style: Log
  • General Property Description:SqFt - Main Lvl: 1479.0
  • General Property Description:Basement: Yes
  • General Property Description:Extra Storage: No
  • Cooling:Ceiling Fan(s): Yes
  • Fuel:Electric: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Lot Description:Creek: Yes
  • General Property Description:New Construction: Under Roof
  • Heat:None13: Yes
  • Style:Log3: Yes
  • Siding:Log2: Yes
  • Special Features: None

Interior Features

  • Has Basement: Crawl Space
  • Fireplace: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Other
  • Basement:Crawl Space: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes

Exterior Features

  • Exterior Features: Windows - Vinyl, Porch - Covered
  • View: Other
  • Lot Features: Creek, Level
  • Construction Type: Log
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Windows - Vinyl: Yes
  • Construction:Log: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: None
  • GarageParking:None18: Yes

Utilities

  • Cooling: Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: None, Electric
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 65340.0
  • Parcel #: 116 026.01
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2012
Closed on
Nov 23, 2012
Sold by
Wells Fargo Financial Tenn
Bought by
Best Justin
Seller's Agent
Lisa Hunt
Realty Executives Associates
Buyer's Agent
Lisa Hunt
Realty Executives Associates
Sold Price
$32,500
Current Estimated Value
$183,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,463
Avg. Annual Appreciation
14.42%

Purchase Details

Closed on
Jan 16, 2012
Bought by
Wells Fargo Financial Tn

Purchase Details

Closed on
May 4, 2006
Sold by
Etal Brannon Alma
Bought by
Etal Brannon David Dean

Purchase Details

Closed on
Feb 3, 2005
Sold by
Etal Walker Reed
Bought by
Reed Walker Adam

Purchase Details

Closed on
Feb 1, 2005
Sold by
Tammy Walker
Bought by
Reed Walker Adam

Purchase Details

Closed on
Nov 18, 2004
Sold by
Etal Walker Reed
Bought by
Reed Walker Adam

Purchase Details

Closed on
Oct 3, 1981
Bought by
Walker Reed and Walker Tammy
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
Best Justin $32,500 --
Wells Fargo Financial Tn -- --
Etal Brannon David Dean $8,500 --
Reed Walker Adam $20,000 --
Reed Walker Adam $20,000 --
Reed Walker Adam $20,000 --
Walker Reed -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2012 12/07/12 Sold $32,500 -- $22 / 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 $525 $34,475 $5,200 $29,275
2023 $525 $34,475 $5,200 $29,275
2022 $494 $22,075 $4,350 $17,725
2021 $494 $22,075 $4,350 $17,725
2020 $494 $22,075 $4,350 $17,725
2019 $405 $20,475 $4,350 $16,125
2018 $405 $20,475 $4,350 $16,125
2017 $360 $17,200 $2,825 $14,375
2016 $360 $17,200 $2,825 $14,375
2015 $360 $17,200 $2,825 $14,375
2014 $360 $17,190 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Hunt

    Seller's Agent in 2012

    Lisa Hunt

    Realty Executives Associates

    (423) 807-7653

    88 Total Sales

    Lisa Hunt
    Section Image

  • S

    Buyer's Agent in 2012

    Sandra Martin

    Crye-Leike, REALTORS

See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 818741

East Tennessee REALTORS® MLS

APN: 116-026.01

Tennessee Monroe County Tellico Plains 37385

256 Payne Loop, Tellico Plains, TN

This home is located at 256 Payne Loop, Tellico Plains, TN 37385 since 05 October 2012 and is currently estimated at $183,963, approximately $124 per square foot. This property was built in 1988. 256 Payne Loop is a home located in Monroe County with nearby schools including Tellico Plains Elementary School, Tellico Plains Junior High School, and Tellico Plains High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

East Tennessee REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.

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