NOT LISTED FOR SALE

3097 Arch Rd Cosby, TN 37722

Estimated Value: $197,000 - $343,000

2 Beds
1 Bath
991 Sq Ft
$277/Sq Ft Est. Value

Last Sold June 07, 2021

Last sale price $95,000 $96 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $1,540/month

5 Days on Market

Highlights

  • Mountain View
  • Wooded Lot
  • Den
  • Deck
  • No HOA
  • Covered Patio or Porch

About This Home

As of June 2021

VIEWS VIEWS VIEWS!!! Absolutely amazing views of the Smokies awaits at this 2BR/1BA unfinished cabin. Structure was built in 2005 and needs some TLC, but could possibly make an excellent vacation property or permanent residence. The lot is 5.73 acres in size and has an additional build site already cleared off with magnificent views. There is a recorded easement to access the property from Cove Hollow. Currently, the easement is not used and needs maintenance, but is the best way to get to the cabin that would not require 4-wheel drive. Must have 4-wheel drive to access currently.

Last Agent to Sell the Property

Josh Jenkins

Cosby Real Estate, Inc. License #337345 Listed on: 04/30/2021

Last Buyer's Agent

Josh Jenkins

Cosby Real Estate, Inc. License #337345 Listed on: 04/30/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,004

Year Built

  • Built in 2005

Lot Details

  • 5.73 Acre Lot
  • Steep Slope
  • Wooded Lot

Home Design

  • Block Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 991 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Living Room
  • Den
  • Mountain Views
  • Laundry Room

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Laundry in Basement

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Cosby K-12 Elementary School
  • Cosby Middle School
  • Cosby High School

Utilities

  • No Cooling
  • Heating Available
  • Natural Gas Not Available
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 016.00

Community Details

Overview

  • No Home Owners Association
  • Covered Brdg Co Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,004

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Carport Y N: No
  • Year Built: 2005
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5.73
  • Lot Size: 405/396/500/774
  • Subdivision Name: Covered Brdg Co
  • Directions: From Newport, take TN-32 S towards Cosby. Right on US-321 S then left to stay on US-321 S. Turn right on Middle Creek and follow for 1 mile and Arch Way will be on the left. Follow signs to end of driveway. House will be on the right. You MUST have 4-wheel drive to get up Arch Way.
  • Above Grade Finished Sq Ft: 991.0
  • New Construction: No
  • Structure Type: Cabin
  • Location Tax and Legal:Tax Annual Amount: 1004.2
  • Location Tax and Legal:Tax Year2: 2020
  • Location Tax and Legal:Parcel Number2: 016.00
  • General Property Information:Lot Size Acres: 5.73
  • General Property Information:Lot Size Dimensions: 405/396/500/774
  • General Property Information:Waterfront YN: No
  • Location Tax and Legal:Elementary School: Cosby K-12
  • Location Tax and Legal:Middle Or Junior School2: Cosby (K-12)
  • Location Tax and Legal:High School: Cosby (K-12)
  • General Property Information:Living Area2: 991.0
  • General Property Information:Above Grade Finished Area: 991.0
  • General Property Information:New Construction YN: No
  • General Property Information:Fireplace YN: No
  • General Property Information:Spa YN: No
  • General Property Information:Home Warranty YN: No
  • Additional Dwelling:Additional Dwelling YN: No
  • Foundation Details:Block3: Yes
  • Roof:Shingle: Yes
  • Room Types:Basement3: Yes
  • Room Types:Living Room2: Yes
  • General Property Information:Basement YN: Yes
  • Flooring:Vinyl: Yes
  • Levels:Two: Yes
  • View:Mountain(s): Yes
  • Flooring:Laminate: Yes
  • Utilities:Natural Gas Not Available: Yes
  • Utilities:Unknown Internet: Yes
  • Water Source:Well: Yes
  • Room Types:Den2: Yes
  • Laundry Features:In Basement: Yes
  • Room Types:Laundry: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Laminate, Vinyl, Other
  • Appliances: Electric Water Heater
  • Basement: Block, Full, Unfinished
  • Levels: Two
  • Private Spa: No
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Living Area: 991.0
  • Window Features: Double Pane Windows, Single Pane Windows
  • Basement:Block: Yes
  • Appliances:Electric Water Heater: Yes
  • Full Basement: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Shingle
  • Lot Features: Steep Slope, Wooded
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Foundation Details: Block
  • Other Structures: None
  • Patio And Porch Features: Covered, Deck, Porch
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Double Pane Windows: Yes
  • Construction Materials:Wood Siding: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Porch: Yes
  • Window Features:Single Pane Windows: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Steep Slope: Yes

Garage/Parking

  • Garage Yn: No
  • Attached Garage: No
  • Parking Features: Gravel
  • General Property Information:Garage YN: No
  • General Property Information:Carport YN: No
  • Parking Features:Gravel: Yes

Utilities

  • Cooling: None
  • Heating: Other
  • Sewer: Septic Tank
  • Laundry Features: In Basement
  • Cooling Y N: No
  • Heating Yn: Yes
  • Utilities: Natural Gas Not Available, Unknown Internet
  • Sewer Septic Tank: Yes
  • Heating:Other18: Yes

Condo/Co-op/Association

  • Amenities: Laundry
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • Horse Amenities:None10: Yes

Schools

  • Elementary School: Cosby K-12
  • High School: Cosby (K-12)
  • Middle Or Junior School: Cosby (K-12)

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 249598.8
  • Parcel #: 016.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1004.2
  • Tax Map Number: 093N
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2021
Closed on
Jun 4, 2021
Sold by
Gagliano Emanuel and Gagliano Shirley
Bought by
Mehr Chris
Seller's Agent
Josh Jenkins
Cosby Real Estate, Inc.
Buyer's Agent
Josh Jenkins
Cosby Real Estate, Inc.
List Price
$99,900
Sold Price
$95,000
Premium/Discount to List
-$4,900
-4.9%
Current Estimated Value
$265,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,882
Avg. Annual Appreciation
25.94%

Purchase Details

Closed on
Sep 4, 2020
Sold by
Rakestraw Rick and Rakestraw Becky
Bought by
Gagliano Emanuel and Gagliano Shirley

Purchase Details

Closed on
Jan 10, 2018
Sold by
Gagliano Emanuel and Gagliano Shirley
Bought by
Rakestraw Rick and Rakestraw Becky

Purchase Details

Closed on
Dec 18, 2003
Sold by
Jackson Gary B and Jackson Linda
Bought by
Bailey Kenneth D

Purchase Details

Closed on
Jun 6, 1994
Bought by
Snoddy Garry E

Purchase Details

Closed on
Nov 1, 1988
Bought by
Webb Larry
Source: Public Records

Range of Values:

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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
Mehr Chris $95,000 None Available
Gagliano Emanuel $86,000 None Available
Rakestraw Rick $110,000 Maryville Title Agency
Bailey Kenneth D $5,000 --
Snoddy Garry E $19,500 --
Webb Larry $8,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2021 06/07/21 Sold $95,000 -4.9% $96 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $99,900 -- $101 / Sq Ft
Source: Lakeway Area 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 $1,002 $39,150 $13,975 $25,175
2023 $0 $39,150 $13,975 $25,175
2022 $1,004 $39,150 $13,975 $25,175
2021 $1,004 $39,150 $13,975 $25,175
2020 $1,004 $39,150 $13,975 $25,175
2019 $364 $12,875 $12,875 $0
2018 $364 $12,875 $12,875 $0
2017 $373 $12,875 $12,875 $0
2016 $333 $12,875 $12,875 $0
2015 $327 $12,875 $12,875 $0
2014 $327 $12,875 $12,875 $0
2013 $327 $13,625 $13,625 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 601616

Lakeway Area Association of REALTORS®

APN: 093M-E-016.00