NOT LISTED FOR SALE

289 Summit Dr Speedwell, TN 37870

Estimated Value: $211,849 - $271,000

3 Beds
1 Bath
1,120 Sq Ft
$216/Sq Ft Est. Value

Last Sold June 17, 2020

Last sale price $137,500 $123 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,329/month

151 Days on Market

Highlights

  • View of Trees or Woods
  • Wooded Lot
  • No HOA
  • Private Lot
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of June 2020

Beautiful log home nestled in a quiet escape with seasonal mountain views. Conveniently located and can travel to town, shopping, doctors or the lake within 20 minutes! Start your summer off right by barbecuing on a huge front covered porch with amazing views. 3 Bedrooms with 1 Bath on a little under an acre. Open concept kitchen and living room. 1 car attached garage with plenty of storage. Storage building stays with home. MOTIVATED SELLERS!

Last Agent to Sell the Property

Samantha Sturgill

Century 21 Virginia Wilder Real Estate License #341828 Listed on: 12/07/2019

Last Buyer's Agent

Scott Branscome

Action Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1994

Lot Details

  • 0.75 Acre Lot
  • Private Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Parking

  • 1 Car Garage

Property Views

  • Woods
  • Mountain
  • Countryside Views
  • Forest
  • Seasonal

Home Design

  • Log Cabin
  • Log Siding

Interior Spaces

  • 1,120 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Stone Fireplace
  • Combination Kitchen and Dining Room
  • Storage
  • Crawl Space
  • No Kitchen Appliances

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage
  • Storage Shed

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Internet Available

Community Details

  • No Home Owners Association
  • Elbert Hunley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 053 075.05

Home Details

Home Type

Single Family

Year Built

Built in 1994

Lot Details

0

Parking

1

Listing Details

  • Directions: Turn right onto Highway 63/TN-63. Turn left onto Old Highway 63. Stay straight to go onto Red Hill Cir. Turn right onto Back Valley Rd. Turn left onto Summit Dr. Travel .4 miles and you will arrive.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1994
  • Lot Size Acres: 0.75
  • Subdivision Name: Elbert Hunley
  • Architectural Style: Cabin, Log
  • Property Attached Yn: No
  • Lot Description:Rolling Slope: Yes
  • Lot Description:Wooded: Yes
  • View:Wooded2: Yes
  • Contract Info:List PriceSqFt2: 125.0
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 1120.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: No
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: No
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Water:Public: Yes
  • Outbuildings:Storage Shed: Yes
  • Dining Area:KitchenDining Rm Co: Yes
  • Lot Description:Private: Yes
  • Style:Log3: Yes
  • Siding:Log2: Yes
  • View:Seasonal Mountain: Yes
  • Special Features: None

Interior Features

  • Appliances: None
  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Stone, Wood Burning
  • Fireplaces: 1
  • Flooring: Carpet, Hardwood
  • ResoLivingAreaSource: Owner
  • Fireplace:Gas Log: Yes
  • Basement:Crawl Space: Yes
  • Other Rooms:LaundryUtility: Yes
  • Fireplace:Wood Burning: Yes
  • Appliances:None17: Yes
  • Fireplace:Stone2: Yes

Exterior Features

  • Exterior Features: Porch - Covered
  • View: Country Setting, Wooded, Seasonal Mountain, Other
  • Lot Features: Private, Wooded
  • Construction Type: Log
  • Other Structures: Storage
  • Exterior Features:Porch - Covered: Yes
  • Construction:Log: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 1.0
  • Garage Spaces: 1.0

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes

Lot Info

  • Lot Size Sq Ft: 32670.0
  • Parcel #: 053 075.05
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2019
Closed on
Jun 17, 2020
Sold by
Cornett Thomas A and Cornett April D
Bought by
Dreger Michael A and Dreger Nereida
Seller's Agent
Samantha Sturgill
Century 21 Virginia Wilder Real Estate
Buyer's Agent
Scott Branscome
Action Realty
Sold Price
$137,500
Current Estimated Value
$241,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,212
Avg. Annual Appreciation
10.64%

Purchase Details

Closed on
Sep 30, 2009
Sold by
Long James
Bought by
Cornett Thomas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,342
Interest Rate
5.05%

Purchase Details

Closed on
May 2, 1994
Bought by
Long James and Long Sheri
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Dreger Michael A $137,500 East Tennessee T&E Svcs Inc
Cornett Thomas A $105,000 --
Long James $6,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Long James $114,342
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2020 06/17/20 Sold $137,500 -- $123 / 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 $775 $33,100 $0 $0
2024 $775 $33,100 $3,125 $29,975
2023 $775 $33,100 $3,125 $29,975
2022 $662 $33,100 $3,125 $29,975
2021 $626 $24,275 $3,175 $21,100
2020 $626 $24,275 $3,175 $21,100
2019 $626 $24,275 $3,175 $21,100
2018 $626 $24,275 $3,175 $21,100
2017 $626 $24,275 $3,175 $21,100
2016 $657 $25,475 $3,175 $22,300
2015 $632 $25,475 $3,175 $22,300
2014 $632 $24,733 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1102533

East Tennessee REALTORS® MLS

APN: 053-075.05