NOT LISTED FOR SALE

2990 Shaw Ferry Rd Lenoir City, TN 37772

Estimated Value: $408,000 - $457,000

3 Beds
2 Baths
2,041 Sq Ft
$212/Sq Ft Est. Value

Last Sold January 19, 2024

Last sale price $390,000 $191 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,415/month

13 Days on Market

Highlights

  • 1 Acre Lot
  • Countryside Views
  • Private Lot
  • Craftsman Architecture
  • Deck
  • Cathedral Ceiling

About This Home

As of January 2024

Welcome to 2990 Shaw Ferry Rd, nestled in a charming Lenoir City community, this delightful ranch home boasts three bedrooms, two full bathrooms, a massive family room with a large storage closet, fireplace and over 2,000 square feet of inviting living space. Situated on a generous acre of flat land (we all know that's so hard to find), the residence offers a perfect blend of cozy comfort and spacious tranquility, making it an ideal haven for those seeking a quaint yet roomy abode. Outside we have a welcoming covered front porch, spacious back deck and a detached 2 car garage. Exterior was recently painted, garage had a new roof and gutters installed. Still needs a little love by its new owners, but this house is priced to sell and ideal for anyone that is looking for a little space. Schedule your showing today!

Last Agent to Sell the Property

Teri Jo Fox

The Knox Fox Real Estate Group License #313547 Listed on: 12/06/2023

Last Buyer's Agent

Chris Nolan

Smart Move Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $804

Year Built

  • Built in 1994

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 167x266x162x278
  • Private Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Parking Available
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Craftsman Architecture
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 2,041 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Bay Window
  • Aluminum Window Frames
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Home Office
  • Bonus Room
  • Storage Room
  • Countryside Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Lenoir City Middle School
  • Lenoir City High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank
  • Internet Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 016 254.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$804

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Directions: From Highway 11E/Kingston Pike, turn on Shaw Ferry. Stay straight through stop sign and property will be on the (L). SOP. Or you can come from Martel and property will be on (R).
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1994
  • Lot Size Acres: 1.0
  • Lot Size: 167x266x162x278
  • Architectural Style: Craftsman
  • Property Attached Yn: No
  • General Property Description:Lot Size SqFt: 43560.0
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 2041.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: No
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: Yes
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Fuel:Gas (Natural): Yes
  • Heat:Central: Yes
  • Dining Area:Eat-in Kitchen: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Water:Public: Yes
  • Floors:Laminate: Yes
  • Lot Description:Private: Yes
  • Dining Area:Living RmDining Rm: Yes
  • Floors:Tile2: Yes
  • Misc Features:Cathedral Ceiling: Yes
  • Siding:Wood2: Yes
  • Style:Craftsman: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Smoke Detector, Refrigerator, Microwave
  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Flooring: Laminate, Carpet, Vinyl, Tile, Other
  • Fireplace:Gas Log: Yes
  • Basement:Crawl Space: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:Extra Storage3: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Bedroom Main Level: Yes
  • Other Rooms:DenStudy: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Office: Yes

Exterior Features

  • Exterior Features: Windows - Bay, Windows - Aluminum, Windows - Insulated, Porch - Covered, Deck
  • View: Country Setting
  • Lot Features: Private, Level
  • Construction Type: Wood Siding, Frame
  • Construction:Frame: Yes
  • Exterior Features:Deck: Yes
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Windows - Insulated: Yes
  • Exterior Features:Windows - Bay: Yes
  • Exterior Features:Windows - Aluminum: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 2.0
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage Door Opener, Detached, Side/Rear Entry, Main Level, Off-Street Parking
  • GarageParking:Garage Door Opener: Yes
  • GarageParking:Off-Street Parking: Yes
  • GarageParking:SideRear Entry: Yes
  • GarageParking:Main Level: Yes
  • GarageParking:Detached2: Yes

Utilities

  • Cooling: Central Cooling, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas, Other, Electric
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes

Schools

  • High School: Lenoir City
  • Middle Or Junior School: Lenoir City

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: 016 254.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2023
Closed on
Jan 9, 2024
Sold by
Magnify R/E Borrower Spv I Llc
Bought by
Frangu Floridon and Frangu Amanda N
Seller's Agent
Teri Jo Fox
The Knox Fox Real Estate Group
Buyer's Agent
Chris Nolan
Smart Move Real Estate Services
List Price
$399,900
Sold Price
$390,000
Premium/Discount to List
-$9,900
-2.48%
Views
150
Current Estimated Value
$431,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,849
Avg. Annual Appreciation
6.54%
Original Mortgage
$290,000
Outstanding Balance
$284,875
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$146,974

Purchase Details

Closed on
Apr 13, 2020
Sold by
Magnify Capital Real Estate Fund Lp
Bought by
Magnify Real Estate Borrower Spv 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Listed on
May 28, 2018
Closed on
May 23, 2018
Sold by
Ogle Kimberly M and Hardin Kimberly M
Bought by
Magnify Capital Real Estate Fund Lp
Seller's Agent
Jeanne Gorman
Crye-Leike Realtors
Buyer's Agent
Jeanne Gorman
Crye-Leike Realtors
Sold Price
$1,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.22%

Purchase Details

Listed on
Jun 23, 2015
Closed on
Oct 30, 2015
Sold by
Hamrick Steven J
Bought by
Ogle Kimberly M
Seller's Agent
Nicholas Nicaud
Realty Executives Associates
Buyer's Agent
Nicholas Nicaud
Realty Executives Associates
Sold Price
$216,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.60%
Original Mortgage
$205,485
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2010
Sold by
American General Financial
Bought by
Hamrick Steven J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,734
Interest Rate
4.94%

Purchase Details

Closed on
Jun 26, 2009
Sold by
Davidson Jeffrey
Bought by
American General Financial Svc

Purchase Details

Closed on
Nov 10, 1994
Bought by
Davidson Jeffrey and Davidson April
Source: Public Records

Range of Values:

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Average Value
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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
Frangu Floridon $390,000 Admiral Title Inc
Magnify Real Estate Borrower Spv 1 Llc $230,000 Os National Llc
Magnify Capital Real Estate Fund Lp $213,000 Radiant Title Llc
Ogle Kimberly M $216,300 --
Ogle Kimberly M $216,300 --
Hamrick Steven J $134,000 --
American General Financial Svc $136,401 --
Davidson Jeffrey $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frangu Floridon $290,000
Previous Owner Magnify Real Estate Borrower Spv 1 Llc $50,000,000
Previous Owner Magnify Capital Real Estate Fund Lp $1,293,541
Previous Owner Ogle Kimberly M $205,485
Previous Owner Hamrick Steven J $141,734
Previous Owner Davidson Jeffrey $60,410
Previous Owner Davidson April D $38,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Sold $390,000 -2.5% $191 / Sq Ft
12/20/2023 12/20/23 Pending -- -- --
12/06/2023 12/06/23 For Sale $399,900 0.0% $196 / Sq Ft
07/01/2018 07/01/18 Rented $1,650 0.0% --
05/25/2018 05/25/18 Sold $213,000 -11.2% $89 / Sq Ft
05/04/2018 05/04/18 Pending -- -- --
04/05/2018 04/05/18 For Sale $239,900 +10.9% $100 / Sq Ft
10/30/2015 10/30/15 Sold $216,300 -- $90 / 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 $804 $59,925 $8,200 $51,725
2023 $804 $52,975 $0 $0
2022 $804 $52,975 $8,200 $44,775
2021 $804 $52,975 $8,200 $44,775
2020 $815 $52,975 $8,200 $44,775
2019 $815 $45,200 $8,200 $37,000
2018 $811 $45,200 $8,200 $37,000
2017 $780 $43,275 $8,200 $35,075
2016 $658 $35,400 $6,600 $28,800
2015 $658 $35,400 $6,600 $28,800
2014 -- $35,400 $6,600 $28,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1247487

East Tennessee REALTORS® MLS

APN: 016-254.00