Seller's Agent in 2024
Amy Davis
Alliance Sotheby's International
(865) 254-4687
3 in this area
138 Total Sales
3168 W Gallaher Ferry Rd Knoxville, TN 37932
Hardin Valley NeighborhoodEstimated Value: $1,400,000 - $2,160,755
5
Beds
5.5
Baths
5,750
Sq Ft
$315/Sq Ft
Est. Value
Highlights
- Boathouse
- Lake Front
- Solar Power System
- Hardin Valley Elementary School Rated A-
- Docks
- 10.58 Acre Lot
About This Home
As of April 2024Priced below recent appraisal and owner is still offering financing as low as 4.8%. This Private, Gated, Architect-Designed Multigenerational Country Lakefront Estate is offered below comparables as the remodeling continues. The price will increase as the major projects are completed such as windows, doors and a new master suite on the main level. A list of improvements since acquisition includes: 2000ft of concrete driveway with large turn-arounds at the road, the workshop, and at the lakeside, a full-function communicating front gate, septic upgrade from 3-bedroom home to 6-bedroom home, 900-sqft woodworking shop with its own septic, which can be used as a anything from a recreation building to a stunning space to store and display collections, full-gut remodel of the 1100-sqft Master Retreat was completed in 2023. It includes 360-degree windows for fresh air, heated natural stone marble floors, showers and shelving spaces, a 400-sqft covered wrap-around 2nd story balcony with French entry doors in both the bathroom and in the bedroom, and a 400-sqft private loft study. The HVAC was gutted and replaced with two 5-ton Waterfurnace Series 7 geothermal heat pumps in 2022. A 750-sqft poured concrete basement was added in 2022 to serve the second geothermal unit and the solar mechanical equipment. This structure features a full bathroom, 450-sqft of rough shelved storage, and 300-sqft safe room/vault space. Finally, the solar installation, which handles all of the property's electrical needs: The installation provides as much as $4,500 of free electricity. For those not interested in solar power, the fully off-grid system can be abandoned with the switch of a circuit breaker, as municipal power from LCUB is maintained on the property. An automatic transfer switch will flip the electricity seamlessly from Solar to LCUB as desired. The system has been in operation since 2017 with a battery installation in 2019. All components benefit from a 10-year manufacturer's warranty, and are managed for a cost by Lloyd's Electric, the MSA's premier commercial/industrial electrical contractor.
The space is complete and lived-in as it is, and it is lovely. It features a full gut remodel of the main kitchen in 2014, which includes oversized cabinets, Wolf/Sub Zero appliances, and an open, yet intimate floorplan. All of the bathrooms were fully remodeled in 2023, which included all new plumbing, fixtures, and natural stone marble shower surrounds, floors, and vanity tops. The ongoing construction includes: Planning and construction of a master retreat on the main floor, scheduling and planning replacement of all windows and doors, a bathroom installation at lakeside, and removal of the EIFS stucco to be replaced by brick. Hundreds of smaller projects have been completed over the last year. Yet, the remaining projects are significant, and they are ongoing. As the projects progress to completion, their cost will be incorporated into the listed price of the property. As it stands, significant discounts were applied to the listing price to accommodate the end user that might want to save money on their next home purchase in exchange for doing the work at their own convenience.
Last Agent to Sell the Property
Alliance Sotheby's International License #337841 Listed on: 08/21/2023
Last Buyer's Agent
April Ganser
Realty 360 Properties
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,096
Year Built
- Built in 1998
Lot Details
- 10.58 Acre Lot
- Lake Front
- Landscaped Professionally
- Private Lot
- Wooded Lot
Parking
- 3 Car Attached Garage
- Parking Available
- Side or Rear Entrance to Parking
- Garage Door Opener
Property Views
- Lake
- Woods
- Forest
- Seasonal
Home Design
- Contemporary Architecture
- Block Foundation
- Frame Construction
- Synthetic Stucco Exterior
Interior Spaces
- 5,750 Sq Ft Home
- Wet Bar
- Living Quarters
- Central Vacuum
- Wired For Data
- Cathedral Ceiling
- Ceiling Fan
- 2 Fireplaces
- Gas Fireplace
- Vinyl Clad Windows
- Insulated Windows
- Wood Frame Window
- ENERGY STAR Qualified Doors
- Great Room
- Family Room
- Living Room
- Breakfast Room
- Formal Dining Room
- Home Office
- Recreation Room
- Bonus Room
- Workshop
- Storage Room
- Keeping Room
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Self-Cleaning Oven
- Stove
- Microwave
- Dishwasher
- Kitchen Island
- Trash Compactor
- Disposal
Flooring
- Wood
- Radiant Floor
- Marble
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- Walk-in Shower
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Recreation or Family Area in Basement
Home Security
- Alarm System
- Intercom
- Fire and Smoke Detector
Eco-Friendly Details
- Solar Power System
- Solar Heating System
- Heating system powered by active solar
Outdoor Features
- Access To Lake
- Boathouse
- Docks
- Dock Permitted
- Pond
- Lake, Pond or Stream
- Balcony
- Deck
- Covered Patio or Porch
- Separate Outdoor Workshop
- Outdoor Storage
- Storage Shed
- Storm Cellar or Shelter
- Outdoor Gas Grill
Schools
- Hardin Valley Elementary And Middle School
- Hardin Valley Academy High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Propane
- Heat Pump System
- Geothermal Heating and Cooling
- Well
- Tankless Water Heater
- Septic Tank
- Internet Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 115 015
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 21, 2023
Closed on
Apr 4, 2024
Sold by
Gullo Michael
Bought by
Fatah Emam Elhak Abdel and Fatah Anna Elizabeth
Seller's Agent
Amy Davis
Alliance Sotheby's International
Buyer's Agent
April Ganser
Realty 360 Properties
List Price
$2,300,000
Sold Price
$1,975,000
Premium/Discount to List
-$325,000
-14.13%
Views
316
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$164,061
Avg. Annual Appreciation
-4.97%
Original Mortgage
$1,580,000
Outstanding Balance
$1,542,478
Interest Rate
4.99%
Mortgage Type
Seller Take Back
Estimated Equity
$268,461
Purchase Details
Listed on
Jul 8, 2012
Closed on
Jun 10, 2013
Sold by
Blevins Thomas M and Blevins Barbara S
Bought by
Gullo Michael
Seller's Agent
Judy Teasley
Keller Williams Realty
Buyer's Agent
Judy Teasley
Keller Williams Realty
Sold Price
$925,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%
Purchase Details
Closed on
Jan 23, 2012
Sold by
Blevins Thomas M and Blevins Barbara S
Bought by
Blevins Thomas M and Blevins Barbara S
Purchase Details
Closed on
Jun 26, 2000
Sold by
Flagstar Bank Fsb
Bought by
Blevins Thomas M and Blevins Barbara S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
7.87%
Mortgage Type
Construction
Purchase Details
Closed on
Apr 14, 2000
Sold by
Velasquez Juan and Velasquez Deborah M
Bought by
Flagstar Bank Fsb
Purchase Details
Closed on
Mar 20, 1996
Sold by
Narten Alfred H
Bought by
Deborah Velasquez
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fatah Emam Elhak Abdel | $1,975,000 | First Priority Title | |
| Gullo Michael | $925,000 | Concord Title | |
| Blevins Thomas M | -- | None Available | |
| Blevins Thomas M | $399,900 | -- | |
| Flagstar Bank Fsb | $445,000 | -- | |
| Deborah Velasquez | $149,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fatah Emam Elhak Abdel | $1,580,000 | |
| Previous Owner | Blevins Thomas M | $440,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/04/2024 04/04/24 | Sold | $1,975,000 | -17.5% | $343 / Sq Ft | |
| 03/05/2024 03/05/24 | Pending | -- | -- | -- | |
| 01/06/2024 01/06/24 | Price Changed | $2,394,000 | +0.2% | $416 / Sq Ft | |
| 11/09/2023 11/09/23 | Price Changed | $2,389,000 | +1.7% | $415 / Sq Ft | |
| 09/18/2023 09/18/23 | Price Changed | $2,350,000 | +2.2% | $409 / Sq Ft | |
| 08/21/2023 08/21/23 | For Sale | $2,300,000 | +148.6% | $400 / Sq Ft | |
| 06/10/2013 06/10/13 | Sold | $925,000 | -- | $180 / Sq Ft | View Prior Sale |
Source: East Tennessee REALTORS® MLS
Tax History Compared to Growth
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 | $5,247 | $337,625 | $0 | $0 |
| 2024 | $5,247 | $337,625 | $0 | $0 |
| 2023 | $5,247 | $337,625 | $0 | $0 |
| 2022 | $5,096 | $327,900 | $0 | $0 |
| 2021 | $5,285 | $249,275 | $0 | $0 |
| 2020 | $5,285 | $249,275 | $0 | $0 |
| 2019 | $5,285 | $249,275 | $0 | $0 |
| 2018 | $5,285 | $249,275 | $0 | $0 |
| 2017 | $5,285 | $249,275 | $0 | $0 |
| 2016 | $4,041 | $0 | $0 | $0 |
| 2015 | $4,041 | $0 | $0 | $0 |
| 2014 | $4,041 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Amy Davis
-
A
Buyer's Agent in 2024
April Ganser
Realty 360 Properties
-
April Ganser-Belew
A
Buyer's Agent in 2024
April Ganser-Belew
Realty Executives Associates
(615) 934-1908
2 in this area
120 Total Sales
-
Carl Young
Buyer Co-Listing Agent in 2024
Carl Young
Young Marketing Group, Realty Executives
(865) 281-1321
25 in this area
1,078 Total Sales
-
Judy Teasley
Seller's Agent in 2013
Judy Teasley
Keller Williams Realty
(865) 694-5904
5 in this area
146 Total Sales
-
G
Buyer's Agent in 2013
Greg Gilbert
Crye-Leike Realtors New Homes
Map
Source: East Tennessee REALTORS® MLS
MLS Number: 1237218
APN: 115-015
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.
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