NOT LISTED FOR SALE

2665 Seven Knobs Rd Gainesboro, TN 38562

Estimated Value: $245,000 - $333,000

2 Beds
1.5 Baths
1,248 Sq Ft
$220/Sq Ft Est. Value

Last Sold November 18, 2024

Last sale price $250,000 $200 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,424/month

1 Day on Market

Highlights

  • View of Trees or Woods
  • Pond
  • Wooded Lot
  • Private Lot
  • Lake, Pond or Stream
  • Traditional Architecture

About This Home

As of November 2024

Welcome to 2665 Seven Knobs Rd in beautiful Gainesboro TN. This 2 bedroom 1 and a half bath cedar siding home sits on 20.01 unrestricted acres. Looking for your forever Homestead, hunting or just want to get away then you just found it. Peace and quiet in a private setting on dead end road approx 3 open acres the remainder is wooded. Property offers a small water fall and small pond. Home offers living room and a den that could be used as a 3rd bedroom. Large detached 30'x40' garage with extra wide 12ft tall door. Plus an older shed. A few peach trees still remain in the old orchard. Empty propane tank stays with the property

Last Agent to Sell the Property

Elaina Morgan

True Blue Realty License #315326 Listed on: 09/16/2024

Last Buyer's Agent

Chena Morris

The Real Estate Collective License #349778

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 20.01 Acre Lot
  • Private Lot
  • Irregular Lot
  • Wooded Lot

Parking

  • 4 Car Detached Garage

Property Views

  • Woods
  • Mountain
  • Countryside Views
  • Forest

Home Design

  • 1,248 Sq Ft Home
  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Wood Siding

Kitchen

  • Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Pond
  • Lake, Pond or Stream
  • Covered Patio or Porch
  • Outdoor Storage
  • Storage Shed

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 061 028.03

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Parking

4

Listing Details

  • Directions: I 40 west to exit 280, Go North on Hwy 56, Cross over Hwy 70 , R beside StaLo Market, Go approximately 6 miles at the Y(dead end sign) turn left.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1930
  • Lot Size Acres: 20.01
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Lot Description:Wooded: Yes
  • View:Mountain View: Yes
  • View:Wooded2: Yes
  • Lot Description:Irregular Lot: Yes
  • Contract Info:List PriceSqFt2: 200.32
  • General Property Description:Fireplace: No
  • General Property Description:SqFt - Main Lvl: 1248.0
  • General Property Description:HOA: No
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: No
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Hardwood: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Refrigerators: Yes
  • Water:Public: Yes
  • Outbuildings:Storage Shed: Yes
  • Lot Description:Private: Yes
  • Siding:Wood2: Yes
  • Cooling:Window Unit(s): Yes
  • Lot Description:Pond: Yes
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator
  • Has Basement: Slab
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Flooring: Hardwood, Vinyl
  • Appliances Range: Yes
  • Fireplace:None15: Yes
  • Basement:Slab: Yes

Exterior Features

  • Exterior Features: Porch - Covered
  • View: Mountain View, Country Setting, Wooded
  • Lot Features: Private, Pond, Wooded, Irregular Lot
  • Construction Type: Wood Siding, Frame
  • Other Structures: Storage
  • Construction:Frame: Yes
  • Exterior Features:Porch - Covered: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 4.0
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features: Detached
  • GarageParking:Detached2: Yes

Utilities

  • Cooling: Central Cooling, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Propane, Electric
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes

Lot Info

  • Lot Size Sq Ft: 871635.6
  • Parcel #: 061 028.03
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2024
Closed on
Nov 18, 2024
Sold by
Davis Vickie and Davis Donald
Bought by
Spears Karen Lee and Spears Gerald Cecil
Seller's Agent
Elaina Morgan
True Blue Realty
Buyer's Agent
Chena Morris
The Real Estate Collective
List Price
$250,000
Sold Price
$250,000
Views
32
Current Estimated Value
$258,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,218
Avg. Annual Appreciation
8.67%
Original Mortgage
$160,000
Outstanding Balance
$158,191
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$115,752

Purchase Details

Closed on
May 22, 2007
Sold by
Ruth Crumley
Bought by
Donald Davis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,800
Interest Rate
6.16%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Spears Karen Lee $250,000 None Listed On Document
Spears Karen Lee $250,000 None Listed On Document
Spears Karen Lee $250,000 None Listed On Document
Donald Davis $124,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spears Karen Lee $160,000
Closed Spears Karen Lee $160,000
Previous Owner Donald Davis $117,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2024 11/18/24 Sold $250,000 0.0% $200 / Sq Ft
09/17/2024 09/17/24 Pending -- -- --
09/16/2024 09/16/24 For Sale $250,000 -- $200 / 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
2025 $799 $26,475 $0 $0
2024 $799 $31,350 $9,175 $22,175
2023 $799 $31,350 $9,175 $22,175
2022 $705 $31,350 $9,175 $22,175
2021 $705 $31,350 $9,175 $22,175
2020 $595 $31,350 $9,175 $22,175
2019 $595 $21,325 $8,875 $12,450
2018 $595 $21,325 $8,875 $12,450
2017 $467 $16,750 $8,875 $7,875
2016 $468 $16,750 $8,875 $7,875
2015 $477 $16,750 $8,875 $7,875
2014 $452 $15,850 $8,250 $7,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1276631

East Tennessee REALTORS® MLS

APN: 061-028.03