NOT LISTED FOR SALE

266 Lautner Rd Bulls Gap, TN 37711

Estimated Value: $88,204 - $134,000

8 Acres
$13,888 Price per Acre
348,480 Sq Ft Lot

Last Sold February 23, 2024

Last sale price $80,000

Est. 39% increase in value since last sale

Current estimated payment $597/month

79 Days on Market

Highlights

  • Mountainous Lot
  • No HOA
  • Level Lot
  • Wooded Lot
  • Separate Outdoor Workshop

About This Lot

As of February 2024

Nestled in the scenic landscape of Northeast Tennessee, this 8-acre property offers a harmonious blend of wooded serenity and open space, creating an ideal backdrop for your future home. The 1750 sq ft block workshop with electricity adds versatility. Boasting 315 feet of road frontage, the property is conveniently located just 2 miles from I-81 and an hour from Gatlinburg. While electricity is available on the road, the installation of a well and septic system is needed. This property is more than just land; it's a canvas for your dreams. With its natural beauty and privacy, it's well-suited for a site built or mobile home, a tranquil vacation retreat, or as an investment opportunity. RV if still available on property being sold separately for $10,000. BUYER/BUYER'S AGENT TO VERIFY ALL INFORMATION.

Last Agent to Sell the Property

Ramona Morrison

Weichert Realtors Saxon Clark KPT License #335600 Listed on: 11/17/2023

Weichert Realtors Saxon Clark KPT

Last Buyer's Agent

Non Member

Non Member

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $164

Lot Details

  • 8 Acre Lot
  • Level Lot
  • Mountainous Lot
  • Cleared Lot
  • Wooded Lot
  • Property is in average condition

Schools

  • Bulls Gap Elementary School
  • Bulls Gap Middle School
  • Cherokee High School

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 161 067.04

Community Details

Overview

  • No Home Owners Association
  • Knight Subdivision

Recreation

  • Separate Outdoor Workshop

Property Details

Property Type

Land

Est. Annual Taxes

$164

Lot Details

0

Listing Details

  • Directions: I-81 towards Knoxville take exit 23 for the US 11E S toward Bulls Gap. Keep right at the fork follow signs to Bulls Gap. Keep straight for 2.3 Miles take a right onto Lautner Rd home is 0.8 miles on the right. See sign.
  • Prop. Type: Land
  • Road Surface Type: Paved
  • Road Frontage Type: 2 Lane Road
  • Subdivision Name: Knight
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 161 067.04
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 8.0
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Bulls Gap Elem
  • General Property Description Middle School2: Bulls Gap
  • General Property Description High School3: Cherokee
  • General Property Description HOA YN: No
  • Lot Features Level3: Yes
  • Other Structures Workshop3: Yes
  • Utilities Electricity Available: Yes
  • TopographyLot Description Cleared: Yes
  • Property Condition Average: Yes
  • Lot Features Rolling Slope2: Yes
  • Lot Features Mountainous2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Property Condition: Average
  • Lot Features: Level, Mountainous, Rolling Slope, Wooded, Cleared, See Remarks
  • Other Structures: Workshop
  • Acres: 8.0
  • Lot Features:Wooded2: Yes

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Well
  • Sewer Septic Tank: Yes
  • Water Well: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Bulls Gap Elem
  • High School: Cherokee
  • Middle Or Junior School: Bulls Gap

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 8 Acres +/-
  • Lot Size Sq Ft: 348480.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 161 067.04
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2023
Closed on
Feb 23, 2024
Sold by
Wheeler Joseph Mitchell and Wheeler Amy Elizabeth
Bought by
Ilges Rod
Seller's Agent
Ramona Morrison
Weichert Realtors Saxon Clark KPT
Buyer's Agent
Non Member
Non Member
List Price
$100,000
Sold Price
$80,000
Premium/Discount to List
-$20,000
-20%
Views
89
Current Estimated Value
$111,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,102
Avg. Annual Appreciation
21.59%
Original Mortgage
$64,000
Interest Rate
6.66%
Mortgage Type
Seller Take Back
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
Ilges Rod $80,000 Tri City Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ilges Rod $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2024 02/23/24 Sold $80,000 -5.9% --
02/05/2024 02/05/24 Pending -- -- --
01/28/2024 01/28/24 Price Changed $85,000 -15.0% --
11/17/2023 11/17/23 For Sale $100,000 -- --
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
2024 $164 $7,075 $6,200 $875
2023 $164 $7,075 $0 $0
2022 $164 $7,075 $6,200 $875
2021 -- $7,075 $6,200 $875
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9959418

Tennessee/Virginia Regional MLS

APN: 037161 06704