NOT LISTED FOR SALE

300 Willis Cove Rd Erwin, TN 37650

Estimated Value: $797,000 - $1,456,095

88 Acres
$12,802 Price per Acre
3,833,280 Sq Ft Lot

Last Sold May 25, 2012

Last sale price $300,000 $340 Per Sq Ft

Est. 284% increase in value since last sale

Current estimated payment $6,774/month

695 Days on Market

Highlights

  • 88 Acre Lot
  • Mountainous Lot
  • Wooded Lot
  • Creek or Stream View
  • Farm
  • No HOA

About This Lot

As of May 2012

multiple pin #s. @ tracts of very private and pristine mountain Land. Own an entire cove where the only man made sound is an occasional airplane. The ultimate in privacy. This tract has an old house of little value w/ several small mountain meadows. Watch wildlife, hike,and smell the wild flowers from this piece of heaven. The location is near Spivey Creek at a cool mountain elevatio yet you are only a few minutes from Johnson City or Asheville. Call for your private showing as it can not be appreciated from the road. Owner Financing available.

Last Agent to Sell the Property

Jeffrey Allen

Carolina Tennessee Land Co. License #306250 Listed on: 06/14/2010

Last Buyer's Agent

Jeffrey Allen

Carolina Tennessee Land Co. License #306250 Listed on: 06/14/2010

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,620

Lot Details

  • 88 Acre Lot
  • Mountainous Lot
  • Wooded Lot
  • Property is in good condition
  • Property is zoned RA

Property Views

  • Creek or Stream
  • Mountain

Schools

  • Temple Hill Elementary School
  • Unicoi Co Middle School
  • Unicoi Co High School

Farming

  • Farm
  • Livestock

Utilities

  • Water Not Available
  • Well
  • Septic Tank
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 055097.00

Property Details

Property Type

Land

Est. Annual Taxes

$5,620

Lot Details

0

Listing Details

  • Directions: from Johnson City take I-26 to Temple Hill Exit (#43) turn left to Old 23 the rt 1 mi. to left on 19w. go 1 mi. then rt on Willis cove then 1 mi to sign on rt.
  • Prop. Type: Land
  • Road Surface Type: Gravel
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 055097.00
  • Contract Info Foreclosure: No
  • General Property Description Acres: 88.0
  • General Property Description Zoning2: RA
  • General Property Description Elementary School3: Temple Hill
  • General Property Description Middle School2: Unicoi Co
  • General Property Description High School3: Unicoi Co
  • Property Condition Above Average: Yes
  • View Mountain(s): Yes
  • Utilities Electricity Available: Yes
  • View CreekStream: Yes
  • Permitted Livestock: Yes
  • Sewer None16: Yes
  • Water None17: Yes
  • Land Type Farm: Yes
  • Lot Features Mountainous2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Property Condition: Above Average
  • Lot Features: Mountainous, Wooded, Other
  • View: Creek/Stream, Mountain(s)
  • Acres: 88.0
  • Lot Features:Wooded2: Yes

Utilities

  • Sewer: Septic Tank, None
  • Utilities: Electricity Available
  • Water Source: Well, None
  • Sewer Septic Tank: Yes
  • Water Well: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Temple Hill
  • High School: Unicoi Co
  • Middle Or Junior School: Unicoi Co

Lot Info

  • Zoning: RA
  • Lot Dimensions: irr.
  • Lot Size Sq Ft: 3833280.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 055097.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2018
Sold by
Logan S Cove Llc
Bought by
Smith Kenneth Michael and Smith Julie Ann
Current Estimated Value
$1,151,804

Purchase Details

Listed on
Jun 14, 2010
Closed on
May 21, 2012
Sold by
Sutton Paul B
Bought by
Logans Cove Llc
Seller's Agent
Jeffrey Allen
Carolina Tennessee Land Co.
Buyer's Agent
Jeffrey Allen
Carolina Tennessee Land Co.
List Price
$529,000
Sold Price
$300,000
Premium/Discount to List
-$229,000
-43.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.53%
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
Smith Kenneth Michael -- None Available
Logans Cove Llc $300,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2012 05/25/12 Sold $300,000 -43.3% $340 / Sq Ft
05/10/2012 05/10/12 Pending -- -- --
06/14/2010 06/14/10 For Sale $529,000 -- $600 / Sq Ft
Source: Tennessee/Virginia Regional 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 $5,620 $215,300 $20,600 $194,700
2023 $0 $215,300 $0 $0
2022 $4,803 $204,350 $20,600 $183,750
2021 $4,543 $159,200 $17,075 $142,125
2020 $4,273 $159,200 $17,075 $142,125
2019 $4,273 $159,200 $17,075 $142,125
2018 $4,273 $159,200 $17,075 $142,125
2017 $4,273 $159,200 $17,075 $142,125
2016 $3,885 $144,775 $48,425 $96,350
2015 $1,237 $46,100 $0 $0
2014 $1,237 $46,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jeffrey Allen

    Carolina Tennessee Land Co.

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 295328

Tennessee/Virginia Regional MLS

APN: 055-09700-000

Tennessee Unicoi County Erwin 37650

300 Willis Cove Rd, Erwin, TN

This home is located at 300 Willis Cove Rd, Erwin, TN 37650 since 14 June 2010 and is currently estimated at $1,126,548, approximately $1,277 per square foot. 300 Willis Cove Rd is a home located in Unicoi County with nearby schools including Temple Hill Elementary School, Unicoi County Middle School, and Unicoi County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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