NOT LISTED FOR SALE

Estimated Value: $1,085,000 - $1,486,608

3 Beds
3.5 Baths
3,742 Sq Ft
$329/Sq Ft Est. Value

Last Sold November 25, 2019

Last sale price $563,500 $151 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $6,801/month

55 Days on Market

Highlights

  • Lake View
  • 2.89 Acre Lot
  • Wood Flooring
  • Hardin Valley Elementary School Rated A-
  • Private Lot
  • Main Floor Primary Bedroom

About This Home

As of November 2019

HIGHLY MOTIVATED SELLERS! BRING OFFERS! NEARLY 3 ACRES LOCATED AT MELTON HILL LAKE WITH WATER FRONTAGE & BOAT DOCK - Enjoy the best that Melton Hill Lake has to offer, near one of the widest sections of the lake with the most incredible views! This home is perfect for entertaining with an open kitchen featuring granite countertops, gas cooktop, and 2 stainless steel fridges. The natural wood floors and ceiling inside compliments the beautiful nature that surrounds you outside. Enjoy outdoor living with 2 massive porches, or spend your day down at the dock enjoying the lake life. You will feel like you're in the Smoky Mountains, yet it is so convenient to I-40, Turkey Creek shopping, and all Hardin Valley schools. YouTube Search: ''2937 W Gallaher Ferry Rd'' to enjoy more lake living. Dock is permitted for 10x24 fixed or floating. If you're looking for perfect lake living then you've come to the right spot. New roof put on back in May, 2019. Buyer to verify all square footage. Home appraised for $740,000 about a year ago.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,010

Year Built

  • Built in 2007

Lot Details

  • 2.89 Acre Lot
  • Private Lot

Parking

  • 4 Car Garage

Home Design

  • Cottage

Interior Spaces

  • 3,742 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Wood Flooring
  • Lake Views
  • Washer and Electric Dryer Hookup
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Schools

  • Hardin Valley Elementary School
  • Hardin Valley Middle School
  • Hardin Valley Academy High School

Utilities

  • Central Heating and Cooling System

Community Details

  • Goose Landing Resub Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,010

Year Built

Built in 2007

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 2007
  • Unit Levels: Three Or More
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Interior Amenities: Primary Bedroom Main Floor
  • Appliances: Dishwasher, Refrigerator, Oven
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Wood
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Has Basement: Unfinished
  • Building Area Units: Square Feet
  • Living Area: 3742
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Other
  • Pool Private: No
  • View: Lake
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Total Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Other, Private
  • Lot Size Acres: 2.89
  • Lot Size Units: Acres
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 4010

MLS Schools

  • Elementary School: Hardin Valley Elementary
  • High School: Hardin Valley Academy
  • Middle Or Junior School: Hardin Valley Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2019
Closed on
Nov 25, 2019
Sold by
Jollay Lloyd J and Jollay Stacy L
Bought by
Sitton Wilfred and Sitton Michelle
List Price
$660,000
Sold Price
$563,500
Premium/Discount to List
-$96,500
-14.62%
Current Estimated Value
$1,232,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$669,152
Avg. Annual Appreciation
13.84%
Original Mortgage
$450,800
Outstanding Balance
$395,728
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$836,924

Purchase Details

Closed on
Nov 18, 2005
Sold by
Huston Samuel M and Huston Chrysty A
Bought by
Jollay Lloyd J and Jollay Stacy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,142
Interest Rate
5.9%
Mortgage Type
Fannie Mae Freddie Mac
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
Sitton Wilfred $563,500 Concord Title
Jollay Lloyd J $172,380 Knox Title Insurance Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sitton Wilfred $450,800
Previous Owner Jollay Lloyd J $155,142
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2019 11/25/19 Sold $563,500 -14.6% $151 / Sq Ft
10/02/2019 10/02/19 Pending -- -- --
08/08/2019 08/08/19 For Sale $660,000 -- $176 / Sq Ft
Source: Realtracs

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 $3,820 $245,800 $0 $0
2024 $3,820 $245,800 $0 $0
2023 $3,820 $245,800 $0 $0
2022 $3,820 $245,800 $0 $0
2021 $4,073 $192,125 $0 $0
2020 $4,073 $192,125 $0 $0
2019 $4,073 $192,125 $0 $0
2018 $4,073 $192,125 $0 $0
2017 $4,073 $192,125 $0 $0
2016 $3,625 $0 $0 $0
2015 $3,625 $0 $0 $0
2014 $3,625 $0 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2849479

Realtracs

APN: 116-00810