NOT LISTED FOR SALE

2816 Highway 63 Cumberland Gap, TN 37724

Estimated Value: $332,514 - $627,000

2 Beds
2 Baths
1,860 Sq Ft
$235/Sq Ft Est. Value

Last Sold December 19, 2018

Last sale price $272,500 $147 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,426/month

Highlights

  • 6.3 Acre Lot
  • Deck
  • Traditional Architecture
  • Mountain View
  • Private Lot
  • Wood Flooring

About This Home

As of December 2018

Impressive 2 bedroom,2 bath brick ranch home on 6.3 acres of spectacular land just minutes from LMU main campus. Newer heat and air unit and shingle roof. This home has a massive detached garage that is perfect for parking all your toys and a large deck to enjoy the view of the mountains. This is a must see

Last Agent to Sell the Property

Michael Hensley

REMAX PROFESSIONAL'S License #341344 Listed on: 09/19/2018

REMAX PROFESSIONAL'S

Last Buyer's Agent

Steve Mason

REMAX PROFESSIONAL'S License #315133

REMAX PROFESSIONAL'S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,181

Year Built

  • Built in 1985

Lot Details

  • 6.3 Acre Lot
  • Private Lot

Property Views

  • Mountain Views
  • Countryside Views

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,860 Sq Ft Home
  • Insulated Windows
  • Unfinished Basement
  • Walk-Out Basement
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Separate Outdoor Workshop

Utilities

  • Central Heating and Cooling System

Community Details

  • Valley Glade Subdivision

Listing and Financial Details

  • Assessor Parcel Number 040k A 005.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,181

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Directions: From Harrogate take Hwy 63 for 5.3 miles. House is on the right.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1985
  • Lot Size Acres: 6.3
  • Subdivision Name: Valley Glade
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Has Basement: Unfinished, Walkout
  • Fireplace: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Flooring: Laminate, Carpet, Hardwood

Exterior Features

  • Exterior Features: Windows - Insulated, Porch - Covered, Deck
  • View: Mountain View, Country Setting
  • Lot Features: Private
  • Construction Type: Brick
  • Other Structures: Workshop

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 274427.0
  • Parcel #: 040k A 005.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2018
Closed on
Dec 18, 2018
Sold by
Marcum Patricia and Marcum Particia
Bought by
Schappel Lackey Kathleen
Seller's Agent
Michael Hensley
REMAX PROFESSIONAL'S
Buyer's Agent
Steve Mason
REMAX PROFESSIONAL'S
Sold Price
$272,500
Current Estimated Value
$436,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,379
Avg. Annual Appreciation
5.26%
Original Mortgage
$245,250
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 1985
Bought by
Marcum Earl T and Marcum Patricia

Purchase Details

Closed on
Jan 2, 1980
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
Schappel Lackey Kathleen $272,500 None Available
Marcum Earl T -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schappel Lackey Kathleen $240,000
Closed Schappel Lackey Kathleen $245,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2018 12/19/18 Sold $272,500 -- $147 / 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
2024 $1,181 $50,475 $12,325 $38,150
2023 $1,181 $50,475 $12,325 $38,150
2022 $1,010 $50,475 $12,325 $38,150
2021 $1,092 $42,350 $12,325 $30,025
2020 $1,092 $42,350 $12,325 $30,025
2019 $1,092 $42,350 $12,325 $30,025
2018 $1,092 $42,350 $12,325 $30,025
2017 $1,092 $42,350 $12,325 $30,025
2016 $1,112 $43,100 $12,325 $30,775
2015 $1,069 $43,100 $12,325 $30,775
2014 $1,069 $43,115 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Hensley

    Seller's Agent in 2018

    Michael Hensley

    RE/MAX

    (606) 269-1737

    38 in this area

    194 Total Sales

    Michael Hensley
    Section Image
  • Steve Mason

    Buyer's Agent in 2018

    Steve Mason

    RE/MAX

    (423) 851-1368

    85 in this area

    168 Total Sales

    Steve Mason
    Section Image
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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1056664

East Tennessee REALTORS® MLS

APN: 040K-A-005.00

Tennessee Claiborne County Cumberland Gap 37724

2816 Highway 63, Cumberland Gap, TN

This home is located at 2816 Highway 63, Cumberland Gap, TN 37724 since 19 September 2018 and is currently estimated at $436,879, approximately $234 per square foot. This property was built in 1985. 2816 Highway 63 is a home located in Claiborne County with nearby schools including Tri-State Christian Academy and New Beginning Christian Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

East Tennessee REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.

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