NOT LISTED FOR SALE

260 Pattie Gap Rd Philadelphia, TN 37846

Estimated Value: $442,000 - $536,000

3 Beds
2 Baths
1,760 Sq Ft
$286/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $445,000 $253 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,819/month

Highlights

  • Barn
  • Mountain View
  • Detached Garage
  • 8.9 Acre Lot
  • Covered Patio or Porch
  • Home Security System

About This Home

As of August 2022

Enjoy country living at it's best! This property has been mostly cleared with trees outlining the boundaries and large barn just waiting to be put to use. The roof on the house is standing seam metal. No exposed fasteners. Exterior walls have 2'' of closed cell foam and fiberglass batt insulation R-25. Attic has 1'' closed cell foam with 22 inches of blown in fiberglass insulation R-45. The floor has hydronic pex piping installed in slab for heating and is ready for heating system. Slab has 1-1/2'' foam board insulation underneath. House heats and cools very efficiently. House also has ADT security system installed. Barn is 36x40 with 3 bays and a 12x20 shop/storage room. Ceiling in barn is 19 ft. Has provisions for 120 volt electric gate(sellers are keeping gate opener/remote).

Last Agent to Sell the Property

Andy Kirkland

Mountains to Lakes Real Estate License #351169 Listed on: 07/27/2022

Last Buyer's Agent

Tim Phillips

Mountains to Lakes Real Estate License #348688

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,681

Year Built

  • Built in 2020

Lot Details

  • 8.9

Parking

  • Detached Garage

Property Views

  • Mountain
  • Countryside Views
  • Forest
  • Seasonal

Home Design

  • Metal Siding

Interior Spaces

  • 1,760 Sq Ft Home
  • Vinyl Clad Windows
  • Home Security System
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Midway Middle School
  • Midway High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Additional Features

  • 8.9 Acre Lot
  • Barn

Listing and Financial Details

  • Property Available on 7/28/22
  • Assessor Parcel Number 120 023.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,681

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Directions: Exit #352, travel south on Hwy 58. Turn left onto Loudon Hwy/TN 72, go 1.88 miles and turn right onto Pattie Gap Rd., then 0.78 miles to 260 Pattie Gap Rd.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2020
  • Lot Size Acres: 8.9
  • Architectural Style: Other
  • Property Attached Yn: No
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Security Alarm, Refrigerator
  • Has Basement: Slab
  • Fireplace: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Other, None

Exterior Features

  • Exterior Features: Windows - Vinyl, Porch - Covered
  • View: Mountain View, Country Setting, Wooded, Seasonal Mountain
  • Construction Type: Metal Siding
  • Other Structures: Storage, Barn(s)

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump
  • Heating Yn: Yes

Schools

  • High School: Midway
  • Middle Or Junior School: Midway

Lot Info

  • Lot Size Sq Ft: 387684.0
  • Parcel #: 120 023.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Available Date: 2022-07-28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2022
Closed on
Aug 26, 2022
Sold by
Shultz and Amy
Bought by
Gray Jeremy D
Seller's Agent
Andy Kirkland
Mountains to Lakes Real Estate
Buyer's Agent
Tim Phillips
Mountains to Lakes Real Estate
List Price
$489,900
Sold Price
$445,000
Premium/Discount to List
-$44,900
-9.17%
Current Estimated Value
$502,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,849
Avg. Annual Appreciation
4.09%
Original Mortgage
$400,500
Outstanding Balance
$383,928
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$118,921

Purchase Details

Listed on
Jul 27, 2022
Closed on
Jun 27, 2022
Sold by
Shultz and Amy
Bought by
Shultz Tevin and Shultz Taylor
Seller's Agent
Andy Kirkland
Mountains to Lakes Real Estate
Buyer's Agent
Tim Phillips
Mountains to Lakes Real Estate
List Price
$489,900
Sold Price
$445,000
Premium/Discount to List
-$44,900
-9.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,500
Outstanding Balance
$383,928
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$118,921

Purchase Details

Closed on
Dec 19, 2016
Sold by
Shultz Matthew W
Bought by
Shultz Matthew W and Shultz Amy

Purchase Details

Closed on
Oct 27, 2014
Sold by
Shultz Ross W
Bought by
Shultz Matthew W

Purchase Details

Closed on
Feb 3, 2014

Purchase Details

Closed on
Jan 18, 2000
Sold by
Charles Rotramel
Bought by
Mitch Pennington

Purchase Details

Closed on
Aug 19, 1999
Sold by
Nancy Taylor
Bought by
Kyle Taylor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,030
Interest Rate
7.58%

Purchase Details

Closed on
Jul 21, 1999
Sold by
David Lowe
Bought by
Nancy Taylor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,030
Interest Rate
7.58%

Purchase Details

Closed on
Jul 8, 1999
Sold by
David Lowe
Bought by
David Lowe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,030
Interest Rate
7.58%

Purchase Details

Closed on
Apr 16, 1999
Sold by
Moore Jessie H and Moore Evelyn
Bought by
Ross Shultz

Purchase Details

Closed on
Apr 25, 1991
Bought by
Moore Jessie H and Moore Evelyn

Purchase Details

Closed on
Dec 31, 1959
Bought by
Moore Jessie H
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
Gray Jeremy D $445,000 Paramount Land Title
Shultz Tevin -- Southeastern Title
Shultz Matthew W -- --
Shultz Matthew W -- --
-- -- --
Mitch Pennington $15,000 --
Kyle Taylor $47,355 --
Nancy Taylor $47,355 --
David Lowe $10,262 --
Ross Shultz $98,000 --
Moore Jessie H -- --
Moore Jessie H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gray Jeremy D $400,500
Previous Owner Shultz Matthew $125,000
Previous Owner Shultz Matthew W $65,000
Previous Owner Moore Jessie H $70,000
Previous Owner Matthew Shultz $45,000
Previous Owner Moore Jessie H $51,030
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2022 08/26/22 Sold $445,000 -9.2% $253 / Sq Ft
07/30/2022 07/30/22 Pending -- -- --
07/28/2022 07/28/22 For Sale $489,900 -- $278 / Sq Ft
07/27/2022 07/27/22 Pending -- -- --
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 $1,681 $70,050 $11,925 $58,125
2023 $555 $70,050 $11,925 $58,125
2022 $1,069 $44,550 $5,275 $39,275
2021 $1,100 $44,550 $5,275 $39,275
2020 $95 $3,825 $3,450 $375
2019 $113 $4,225 $2,875 $1,350
2018 $109 $4,225 $2,875 $1,350
2017 $109 $4,225 $2,875 $1,350
2016 $109 $4,225 $2,875 $1,350
2015 $214 $4,225 $2,875 $1,350
2013 -- $12,150 $11,475 $675
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1200654

East Tennessee REALTORS® MLS

APN: 120-023.00