NOT LISTED FOR SALE

298 Black Mountain Rd Tellico Plains, TN 37385

Estimated Value: $226,000 - $438,000

4 Beds
3 Baths
2,064 Sq Ft
$160/Sq Ft Est. Value

Last Sold March 24, 2023

Last sale price $385,000 $187 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $1,858/month

47 Days on Market

Highlights

  • Mountain View
  • Wood Burning Stove
  • Wooded Lot
  • Deck
  • Private Lot
  • Traditional Architecture

About This Home

As of March 2023

Public Remarks A complete 6-month renovated 4-bedroom, 3 bath home on 6 ac in the mountains. Everything is brand new. New kitchen, laundry, pantry, lighting, flooring, wall finish, trim, windows, three completely new bathrooms, hvac, rebuilt well system, electrical, decks, landscaping, plumbing, doors, and more. Two en-suite primary bedrooms for the multi-generational family. Huge views in the mountains, privacy and peace and nature at every turn, even a small pond, and 15 minutes to Tellico Plains. Live on a mountain top with flat ground for gardens and play, and mature hardwoods and rolling land too. A bonus small shop can be converted into a second living unit for guests

Last Agent to Sell the Property

David Fankhauser

Skyway Realty Land & Homes License #268426 Listed on: 12/30/2022

Last Buyer's Agent

KELLEY THOMPSON

PROFESSIONAL TITLE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $712

Year Built

  • Built in 1990

Lot Details

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

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Cabin
  • Frame Construction

Interior Spaces

  • 2,064 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Circulating Fireplace
  • Vinyl Clad Windows
  • Insulated Windows
  • Combination Dining and Living Room
  • Den
  • Wood Flooring
  • Mountain Views
  • Crawl Space
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Storage
  • Storage Shed

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property Available on 12/31/22
  • Assessor Parcel Number 195 023.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$712

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Directions: Directions. MUST HAVE AGENT WITH YOU FOR ALL SHOWINGS, NO DRIVEBY. From Tellico Plains travel south on SR 68 to right on Ironsburg Rd to straight ahead onto Black Mountain Rd, to the gravel road to the top of the mountain, left approximately 300' to driveway on the right winding down to the circular driveway...home sweet home
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1990
  • Lot Size Acres: 5.95
  • Architectural Style: Cabin, Traditional
  • Property Attached Yn: No
  • Lot Description:Rolling Slope: Yes
  • Lot Description:Wooded: Yes
  • View:Mountain View: Yes
  • General Property Description:Lot Size SqFt: 261359.0
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 2064.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: No
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: No
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Microwave: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Outbuildings:Storage Shed: Yes
  • Lot Description:Private: Yes
  • Dining Area:Living RmDining Rm: Yes
  • Heat:Heat Pump3: Yes
  • Misc Features:Cathedral Ceiling: Yes
  • Special Features: None

Interior Features

  • Appliances: Microwave
  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Flooring: Hardwood
  • Basement:Crawl Space: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Fireplace:Circulating: Yes
  • Fireplace:Wood Burning: Yes
  • Other Rooms:DenStudy: Yes
  • Fireplace:Wood Burning Stove: Yes

Exterior Features

  • Exterior Features: Windows - Vinyl, Windows - Insulated, Porch - Covered, Deck
  • View: Mountain View
  • Lot Features: Private, Wooded
  • Other Structures: Storage
  • Construction:Frame: Yes
  • Exterior Features:Deck: Yes
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Windows - Insulated: Yes
  • Exterior Features:Windows - Vinyl: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off-Street Parking
  • GarageParking:Off-Street Parking: Yes

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes
  • Water Well: Yes

Lot Info

  • Lot Size Sq Ft: 261359.0
  • Parcel #: 195 023.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Available Date: 2022-12-31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2022
Closed on
Mar 24, 2023
Sold by
Victory Improvements Llc
Bought by
Poirier Jeffrey K and Poirier Jeanne M
Seller's Agent
David Fankhauser
Skyway Realty Land & Homes
Buyer's Agent
KELLEY THOMPSON
PROFESSIONAL TITLE
List Price
$419,000
Sold Price
$385,000
Premium/Discount to List
-$34,000
-8.11%
Views
55
Current Estimated Value
$330,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$54,214
Avg. Annual Appreciation
-6.05%

Purchase Details

Listed on
Feb 7, 2022
Closed on
Mar 24, 2022
Sold by
Allen and Sada
Bought by
Victory Improvements Llc
Seller's Agent
Sandra Kuzara
Town & Country - REALTORS Of East TN, Inc.
Buyer's Agent
David Fankhauser
Skyway Realty Land & Homes
List Price
$227,500
Sold Price
$176,500
Premium/Discount to List
-$51,000
-22.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
118.13%

Purchase Details

Closed on
Feb 17, 2016
Sold by
Moyers Gary F
Bought by
Allen Curtis and Allen Sada

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 1994
Bought by
Moyers Gary F and Moyers Mary R

Purchase Details

Closed on
Jun 24, 1992
Bought by
Monahon James E and Monahon Patricia

Purchase Details

Closed on
Feb 1, 1990
Bought by
Monahon James E and Monahon Patricia

Purchase Details

Closed on
Aug 6, 1984
Bought by
Wilson Edward W and Wilson Sarah

Purchase Details

Closed on
Apr 29, 1976
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
Poirier Jeffrey K $385,000 Skyway Title
Victory Improvements Llc $176,500 Skw Title
Allen Curtis $75,000 --
Moyers Gary F $75,000 --
Monahon James E -- --
Monahon James E $15,000 --
Wilson Edward W -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Allen Curtis $40,000
Previous Owner Gary Moyers $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2023 03/24/23 Sold $385,000 -8.1% $187 / Sq Ft
02/17/2023 02/17/23 Pending -- -- --
02/07/2023 02/07/23 For Sale $419,000 0.0% $203 / Sq Ft
02/02/2023 02/02/23 Pending -- -- --
12/31/2022 12/31/22 For Sale $419,000 +137.4% $203 / Sq Ft
03/24/2022 03/24/22 Sold $176,500 -22.4% $86 / Sq Ft
02/17/2022 02/17/22 For Sale $227,500 -- $110 / 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 $712 $46,750 $7,275 $39,475
2023 $712 $46,750 $7,275 $39,475
2022 $801 $35,775 $7,325 $28,450
2021 $757 $33,800 $7,325 $26,475
2020 $757 $33,800 $7,325 $26,475
2019 $669 $33,800 $7,325 $26,475
2018 $669 $33,800 $7,325 $26,475
2017 $694 $33,150 $7,325 $25,825
2016 $671 $32,025 $7,325 $24,700
2015 $671 $32,025 $7,325 $24,700
2014 $671 $32,032 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1214417

East Tennessee REALTORS® MLS

APN: 195-023.00