NOT LISTED FOR SALE

2970 Arch Rd Cosby, TN 37722

Estimated Value: $106,000 - $120,000

2 Beds
1 Bath
581 Sq Ft
$199/Sq Ft Est. Value

Last Sold October 10, 2018

Last sale price $35,000 $60 Per Sq Ft

Est. 234% increase in value since last sale

Current estimated payment $656/month

46 Days on Market

About This Home

As of October 2018

Own your own little cabin in the mountains. Needs some TLC, but could be a little gem.

Last Agent to Sell the Property

TIM THOMAS

Cosby Real Estate, Inc. License #301943 Listed on: 07/30/2018

Last Buyer's Agent

TIM THOMAS

Cosby Real Estate, Inc. License #301943 Listed on: 07/30/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $206

Year Built

  • Built in 1984

Lot Details

  • 1 Acre Lot
  • Property fronts an easement

Home Design

  • 581 Sq Ft Home
  • Cottage

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Septic Tank
  • Septic Permit Required

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$206

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1984
  • Zoning: None
  • Reso Property Sub Type: Single Family Residence
  • Road Frontage Type: Easement
  • Road Surface Type: Gravel
  • Co List Office Mls Id: 64
  • Subdivision Name: Other
  • Above Grade Finished Sq Ft: 581.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Location Tax and Legal Tax Lot2: 0
  • Location Tax and Legal:Tax Annual Amount: 205.9
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Lot Size Acres: 1.0
  • General Property Information Above Grade Finished Area: 581.0
  • General Property Information Bonus Room YN2: No
  • General Property Information Accessory Dwelling Unit YN2: No
  • General Property Information Home Warranty YN: No
  • General Property Information Construction Type2: Site Built
  • Road Surface Type Gravel2: Yes
  • Sewer Septic Permit Not Found: Yes
  • Architectural Style Cottage: Yes
  • Road Frontage Type:Easement: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Street Number Modifier: 2970
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Acres: 1.0
  • Home Warranty: No

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Sewer: Septic Tank, Septic Permit Not Found
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 205.9
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2025
Sold by
Matti Kenneth and Matti Melinda L
Bought by
Gong Zhanpeng
Current Estimated Value
$116,976

Purchase Details

Closed on
Dec 12, 2024
Sold by
Rakestraw Ashley
Bought by
Matti Kenneth and Matti Melinda L

Purchase Details

Closed on
Apr 29, 2021
Sold by
Rakestraw Rick and Rakestraw Becky
Bought by
Rakestraw Ashley

Purchase Details

Listed on
Jul 30, 2018
Closed on
Oct 10, 2018
Sold by
Matti Kenneth and Matti Melinda L
Bought by
Rakestraw Rick and Rakestraw Becky
Seller's Agent
TIM THOMAS
Cosby Real Estate, Inc.
Buyer's Agent
TIM THOMAS
Cosby Real Estate, Inc.
List Price
$49,000
Sold Price
$35,000
Premium/Discount to List
-$14,000
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.58%
Original Mortgage
$31,500
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 9, 2009
Sold by
Bailey Kenneth Darwin
Bought by
Matti Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
5.29%
Mortgage Type
Cash
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
Gong Zhanpeng $120,000 Melrose Title
Matti Kenneth $28,900 None Listed On Document
Matti Kenneth $28,900 None Listed On Document
Rakestraw Ashley -- None Available
Rakestraw Rick $35,000 Tennessee Land Title
Matti Kenneth $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rakestraw Rick $31,500
Previous Owner Matti Kenneth $18,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2020 01/08/20 Off Market $35,000 -- --
10/10/2018 10/10/18 Sold $35,000 -28.6% $60 / Sq Ft
09/14/2018 09/14/18 Pending -- -- --
07/30/2018 07/30/18 For Sale $49,000 -- $84 / Sq Ft
Source: Great Smoky Mountains Association of REALTORS®

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 $185 $7,225 $2,250 $4,975
2023 $185 $7,225 $2,250 $4,975
2022 $185 $7,225 $2,250 $4,975
2021 $185 $7,225 $2,250 $4,975
2020 $185 $7,225 $2,250 $4,975
2019 $201 $7,100 $2,250 $4,850
2018 $201 $7,100 $2,250 $4,850
2017 $206 $7,100 $2,250 $4,850
2016 $184 $7,100 $2,250 $4,850
2015 $189 $7,100 $2,250 $4,850
2014 $189 $7,100 $2,250 $4,850
2013 $189 $7,875 $2,875 $5,000
Source: Public Records

Agents Affiliated with this Home

  • TIM THOMAS

    Seller's Agent in 2018

    TIM THOMAS

    Cosby Real Estate, Inc.

    (865) 617-0848

    33 Total Sales

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 218138

Great Smoky Mountains Association of REALTORS®

APN: 093-088.25

Tennessee Cocke County Cosby 37722

2970 Arch Rd, Cosby, TN

This home is located at 2970 Arch Rd, Cosby, TN 37722 since 30 July 2018 and is currently estimated at $115,732, approximately $199 per square foot. This property was built in 1984. 2970 Arch Rd is a home located in Cocke County with nearby schools including Cosby Elementary School and Cosby High School.

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