NOT LISTED FOR SALE

Estimated Value: $909,000 - $1,943,195

7.01 Acres
$188,502 Price per Acre
305,356 Sq Ft Lot

Last Sold May 15, 2019

Last sale price $510,000

Est. 159% increase in value since last sale

Current estimated payment $7,351/month

165 Days on Market

Highlights

  • Lake Front
  • 7.01 Acre Lot
  • Private Lot
  • Hardin Valley Elementary School Rated A-
  • Countryside Views
  • Wooded Lot

About This Lot

As of May 2019

Gorgeous 7.01 acres with amazing views of Melton Hill Lake. Located in the heart of Hardin Valley, wooded & private with lake views and close proximity to Pellissippi Parkway, West Knoxville, Farragut & Oak Ridge. The property offers a gently rolling home site with great custom build potential for the right buyer with a vision. Basement lot. TVA has permitted for a dry slip. See docs in MLS. 2738 and 2732 West Gallaher Ferry have been divided into 4.65 & 2.36 parcels but sellers have decided to sell together. It's a MUST SEE to truly captivate what this property has to offer. Follow the gravel drive from West Gallaher Ferry to your private oasis in the back.

Last Agent to Sell the Property

Kriston Wilson

Realty Executives Associates License #327828 Listed on: 10/16/2018

Realty Executives Associates

Last Buyer's Agent

Dawn Walsh

Realty 360 License #340808

Realty 360

Property Details

Property Type

  • Land

Lot Details

  • 7.01 Acre Lot
  • Lake Front
  • Private Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Finished Lot(s)
  • Zoning described as Other, Zoned Residential

Property Views

  • Countryside Views
  • Forest Views

Listing and Financial Details

  • Assessor Parcel Number 1161a00902

Community Details

Overview

  • J Herron's Place Subdivision

Recreation

  • Access To Lake

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Directions: From Pellissippi Parkway-Take Hardin Valley Exit. Turn left onto Hardin Valley. Follow to left on Hickory Creek Road. Turn right onto West Gallaher Ferry Road. 1.5 miles and destination is on your right. *Plat Map attached in docs section. Sign and directional at property.
  • Prop. Type: Lots & Acreage
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 7.01
  • Lot Size: 7.01 acres
  • Subdivision Name: J Herron's Place
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Country Setting, Wooded
  • Lot Features: Lake Access, Lakefront, Private, Rolling, Waterfront Access, Wooded
  • Topography: {"Partially Cleared":true}

Lot Info

  • Lot Size Sq Ft: 303176.0
  • Parcel #: 1161a00902
  • Zoning Description: Other, Zoned Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2018
Closed on
May 15, 2019
Sold by
Hamilton William Kane and Hamilton Laura L
Bought by
Schulte Jonathan and Schulte Kristen
Seller's Agent
Kriston Wilson
Realty Executives Associates
Buyer's Agent
Dawn Walsh
Realty 360
Sold Price
$510,000
Current Estimated Value
$1,321,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$811,398
Avg. Annual Appreciation
15.59%
Original Mortgage
$382,500
Outstanding Balance
$334,212
Interest Rate
4%
Mortgage Type
Commercial
Estimated Equity
$987,186
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schulte Jonathan $510,000 Southeastern Ttl & Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schulte Jonathan $382,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2019 05/15/19 Sold $510,000 -- --
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 $4,813 $309,725 $0 $0
2024 $4,813 $309,725 $0 $0
2023 $4,813 $309,725 $0 $0
2022 $4,813 $309,725 $0 $0
2021 $2,337 $110,250 $0 $0
2020 $1,395 $65,800 $0 $0
2019 $1,395 $65,800 $0 $0
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1059457

East Tennessee REALTORS® MLS

APN: 116IA-00902