NOT LISTED FOR SALE

2611 Gw Loy Rd New Market, TN 37820

Estimated Value: $240,000 - $858,000

3 Beds
3 Baths
2,400 Sq Ft
$224/Sq Ft Est. Value

Last Sold March 19, 2018

Last sale price $500,000 $208 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,984/month

39 Days on Market

Highlights

  • 67.26 Acre Lot
  • Pond
  • No HOA
  • Mountain View
  • Partially Wooded Lot
  • Covered Patio or Porch

About This Home

As of March 2018

67.26 Acres and Two Homes! The main home is a 2400 square foot rancher that provides three bedrooms, and three full bathrooms. Interior features include an open floor plan, large kitchen, formal dining room and cozy fireplace in the living room. On the outside of the home, a 20' x 30' covered patio and 16' x 28' screened patio are perfect for entertaining guests and relaxation. An attached carport provides shelter for two vehicles, plus there is a detached garage that can hold another three vehicles. The second home is a custom log cabin with 1260 square feet underroof, and the interior has been finished to provide an ideal place for entertainment. There is a spacious loft, a kitchen, one bathroom and a large great room with a cathedral ceiling. The 67 acre property is also home to white tail deer and wild turkeys. Wildlife can frequently be seen stepping out of the woods to graze or get a drink from one of the two ponds. Four outbuildings provide additional storage options. This incredible property would make an excellent equestrian or other large animal farm. It is located within minutes of I-40, I-75 and I-81. Knoxville, Sevierville, Dandridge, Jefferson City and the Great Smoky Mountain National Park are all just a short drive away. Douglas and Cherokee Lakes offer nearly 60,000 of public water for fishing, boating and swimming. There are also pristine rivers with trout and smallmouth within miles of this location. If you are looking for a property that provide ultimate versatility, here it is! Call any Realtor today to schedule your private tour of this magnificent property!

Last Agent to Sell the Property

Mark Jackson

Jackson Real Estate & Auction License #227129 Listed on: 01/11/2018

Last Buyer's Agent

Non Member

Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $680

Year Built

  • Built in 1998

Lot Details

  • 67.26 Acre Lot
  • Fenced Front Yard
  • Level Lot
  • Partially Wooded Lot
  • Property is in average condition
  • Property is zoned AGRI

Parking

  • 3 Car Garage
  • 2 Carport Spaces
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Block Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Living Room with Fireplace
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Pond
  • Covered Patio or Porch
  • Shed
  • Outbuilding

Schools

  • Jefferson High School

Farming

  • Pasture

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number *

Home Details

Home Type

Single Family

Est. Annual Taxes

$680

Year Built

Built in 1998

Lot Details

0

Parking

3

Listing Details

  • Directions: From I-40 at exit 407, go north on Winfield Dunn Parkway until it turns into Snyder Road, go 2.3 miles then turn right onto Hwy 25W S/70 E, go 1.2 miles then turn left onto Russell Gap Road, go 2 miles then turn left onto GW Loy Road, home will be on left, no sign on property
  • Prop. Type: Residential
  • Year Built: 1998
  • Garage Carport Spaces: 2
  • Garage Garage Spaces: 3
  • Property Sub Type: Single Family Residence
  • ResoSecurityFeatures: Smoke Detector(s)
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 67.26
  • General Property Description Zoning2: AGRI
  • General Property Description Elementary School3: Out Of Area
  • General Property Description Middle School2: Out Of Area
  • General Property Description High School3: Jefferson
  • Water Public: Yes
  • General Property Description Lot Dimensions: IRR
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 2400.0
  • General Property Description Above Grade SqFt: 2400.0
  • AC Central Air: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • General Property Description Parcel ID2: *
  • General Property Description # Fireplaces: 1
  • AC Heat Pump3: Yes
  • General Property Description Stories2: 1
  • Other Structures Outbuilding: Yes
  • Other Structures Shed(s): Yes
  • View Mountain(s): Yes
  • AC Ceiling Fan(s): Yes
  • TopographyLot Description Pasture2: Yes
  • TopographyLot Description Rolling Slope: Yes
  • Flooring Laminate: Yes
  • Foundation Block6: Yes
  • Roof Metal3: Yes
  • Flooring Vinyl: Yes
  • Property Condition Average: Yes
  • Basement Block4: Yes
  • Other Structures Storage2: Yes
  • TopographyLot Description Part Wooded: Yes
  • Fencing Front Yard: Yes
  • TopographyLot Description Farm Pond: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Security Features:Smoke Detector(s): Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator
  • Has Basement: Block, Crawl Space
  • Flooring: Laminate, Vinyl
  • Interior Amenities: Primary Downstairs
  • Window Features: Insulated Windows
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room, Prefab
  • Fireplaces: 1
  • Total Bedrooms: 8
  • General Property Description Baths - Full: 3
  • Appliances Dishwasher: Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Living Room: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Primary Downstairs: Yes
  • Fireplace:Pre-Fab: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Metal
  • Other Structures: Outbuilding, Shed(s), Storage
  • View: Mountain(s)
  • Fencing: Front Yard
  • Acres: 67.26
  • Topography: Farm Pond, Level, Part Wooded, Pasture, Rolling Slope
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Foundation Details: Block
  • Patio And Porch Features: Back, Covered, Porch
  • Exterior Finish Wood Siding: Yes
  • Window Features:Insulated Windows: Yes
  • PorchPatioDeck Back: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Porch: Yes

Garage/Parking

  • Parking Features: Attached, Detached, Garage Door Opener, Gravel
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features:Gravel: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Detached: Yes

Utilities

  • Heating: Central, Electric, Heat Pump
  • Sewer: Septic Tank
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public, Well
  • Heating:Central: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric: Yes
  • Water Well: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Out Of Area
  • High School: Jefferson
  • Middle Or Junior School: Out Of Area

Lot Info

  • Zoning: AGRI
  • Lot Dimensions: IRR
  • Lot Size Sq Ft: 2929845.6
  • ResoLotSizeUnits: Acres
  • Parcel #: *
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 1047

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2010
Sold by
Hatmaker Gary L
Bought by
Summers Ken
Current Estimated Value
$537,117

Purchase Details

Closed on
Nov 3, 2005
Sold by
Terwilliger Richard A
Bought by
Hatmaker Gary L

Purchase Details

Closed on
Jun 26, 2001
Sold by
Troy Taylor
Bought by
Richard Terwilliger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
7.17%

Purchase Details

Closed on
Oct 14, 1997
Sold by
Taylor Troy L and Taylor Laurie A
Bought by
Robert Kingdon

Purchase Details

Closed on
Nov 22, 1995
Sold by
Cannon Roy H and Seal Esther Seal
Bought by
Troy Taylor

Purchase Details

Closed on
Aug 22, 1970
Bought by
Cannon Velma Frazier and Cannon Roy H
Source: Public Records

Range of Values:

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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
Summers Ken -- --
Hatmaker Gary L $280,000 --
Richard Terwilliger $240,000 --
Robert Kingdon $10,000 --
Troy Taylor $100,000 --
Cannon Velma Frazier -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Summers Kenneth E $65,000
Previous Owner Cannon Velma Frazier $204,000
Previous Owner Troy Taylor $79,000
Previous Owner Troy Taylor $61,492
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2019 06/17/19 Off Market $500,000 -- --
03/19/2018 03/19/18 Sold $500,000 0.0% $208 / Sq Ft
03/19/2018 03/19/18 Sold $500,000 0.0% $208 / Sq Ft
03/19/2018 03/19/18 Sold $500,000 -5.7% $208 / Sq Ft
02/20/2018 02/20/18 Pending -- -- --
02/20/2018 02/20/18 Pending -- -- --
01/11/2018 01/11/18 For Sale $530,000 0.0% $221 / Sq Ft
01/11/2018 01/11/18 For Sale $530,000 -- $221 / Sq Ft
Source: Tennessee/Virginia Regional 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
2025 $680 $38,225 $24,000 $14,225
2023 $680 $29,575 $0 $0
2022 $648 $29,575 $17,650 $11,925
2021 $648 $29,575 $17,650 $11,925
2020 $648 $29,575 $17,650 $11,925
2019 $648 $29,575 $17,650 $11,925
2018 $296 $12,600 $11,650 $950
2017 $296 $12,600 $11,650 $950
2016 $296 $12,600 $11,650 $950
2015 $296 $12,600 $11,650 $950
2014 $296 $12,600 $11,650 $950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 401181

Tennessee/Virginia Regional MLS

APN: 054-064.00