NOT LISTED FOR SALE

3124 Mountain Rd Whitesburg, TN 37891

Estimated Value: $295,000 - $701,000

54 Acres
$8,089 Price per Acre
2,336,123 Sq Ft Lot

Last Sold April 10, 2017

Last sale price $330,000 $374 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,422/month

12 Days on Market

Highlights

  • Barn
  • No HOA
  • Level Lot
  • 53.63 Acre Lot
  • Fenced

About This Lot

As of April 2017

If you are looking for great property-this is it-Over 53 acres of beautiful farm land. Has 2 Barns, a large equipment barn and several other sheds-It also has a 2 bedroom-1 bath home on it that is currently rented for 550 a month. This is a must see property.

Last Agent to Sell the Property

Norma Elkins

Elite Realty Group License #311601 Listed on: 01/26/2017

Co-Listed By

MITCHELL ELKINS

Elite Realty Group License #336244

Last Buyer's Agent

Andy Bolger

Weichert, REALTORS - Tiger Real Estate License #329149

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $614

Lot Details

  • 53.63 Acre Lot
  • Fenced
  • Level Lot

Farming

  • Barn

Utilities

  • Private Water Source
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 027.11

Community Details

Overview

  • No Home Owners Association

Recreation

  • Outbuilding

Property Details

Property Type

Land

Est. Annual Taxes

$614

Lot Details

0

Listing Details

  • Possible Use: Farm, Livestock, Subdevelopment
  • Fencing: Fenced
  • Property Sub Type: Farm
  • Prop. Type: Land
  • Lot Size Acres: 53.63
  • Lot Size: 0/0/0/0
  • Subdivision Name: None
  • Directions: From Morristown, take I-81 N toward Bristol-Take Exit 15 and turn L onto Fish Hatchery Rd-Then R onto Union Grove Rd-then R onto Warrensburg Rd-then L onto Mountain Rd-Property is on your Left.
  • Location Tax and Legal:Tax Annual Amount: 614.41
  • Location Tax and Legal:Tax Year2: 2016
  • Location Tax and Legal:Parcel Number2: 027.11
  • General Property Information:Lot Size Acres: 53.63
  • General Property Information:Lot Size Dimensions: 0/0/0/0
  • General Property Information:Waterfront YN: No
  • Utilities:Electricity Available: Yes
  • Fencing:Fenced: Yes
  • Water Source:Private5: Yes
  • Water Source:Well: Yes
  • Other Structures:Barn(s): Yes
  • Other Structures:Corral(s)2: Yes
  • Other Structures:Outbuilding: Yes
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Level, Subdivided, Livestock Permitted Improvement
  • Waterfront: No
  • Other Structures: Barn(s), Corral(s), Outbuilding
  • Lot Features:Level: Yes
  • Lot Features:Subdivided: Yes
  • Lot Features:Livestock Permitted Improvement: Yes

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Fee Frequency: Monthly

Lot Info

  • Current Use: Livestock, Pasture
  • Horse Amenities: Boarding Facilities
  • Lot Size Sq Ft: 2336122.8
  • Parcel #: 027.11
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 614.41
  • Tax Map Number: 037
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2017
Closed on
Apr 10, 2017
Sold by
Martin William E
Bought by
Southerland Charles and Southerland Teresa
Seller's Agent
Norma Elkins
Elite Realty Group
Buyer's Agent
Andy Bolger
Weichert, REALTORS - Tiger Real Estate
List Price
$339,900
Sold Price
$330,000
Premium/Discount to List
-$9,900
-2.91%
Current Estimated Value
$433,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,828
Avg. Annual Appreciation
3.33%
Original Mortgage
$275,000
Outstanding Balance
$231,531
Interest Rate
4.21%
Mortgage Type
Unknown
Estimated Equity
$202,297

Purchase Details

Closed on
Nov 30, 1998
Bought by
Martin William E and Martin Dorothy

Purchase Details

Closed on
Mar 26, 1956
Bought by
Barnard Garrett and Barnard Lorene
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
Southerland Charles $330,000 --
Martin William E $138,000 --
Barnard Garrett -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Southerland Charles $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2017 04/10/17 Sold $330,000 -2.9% $374 / Sq Ft
02/07/2017 02/07/17 Pending -- -- --
01/26/2017 01/26/17 For Sale $339,900 -- $385 / 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 $690 $35,025 $18,525 $16,500
2023 $690 $35,025 $0 $0
2022 $690 $35,025 $18,525 $16,500
2021 $690 $35,025 $18,525 $16,500
2020 $690 $35,025 $18,525 $16,500
2019 $658 $30,875 $14,800 $16,075
2018 $658 $30,875 $14,800 $16,075
2017 $658 $30,875 $14,800 $16,075
2016 $614 $30,875 $14,800 $16,075
2015 $571 $30,875 $14,800 $16,075
2014 -- $30,875 $14,800 $16,075
2013 -- $31,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 571596

Lakeway Area Association of REALTORS®

APN: 037-027.11