NOT LISTED FOR SALE

324 Welch Ln New Tazewell, TN 37825

Estimated Value: $296,000 - $670,000

3 Beds
2 Baths
1,568 Sq Ft
$306/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $399,900 $255 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,668/month

10 Days on Market

Highlights

  • Barn
  • 45.6 Acre Lot
  • Traditional Architecture
  • View of Trees or Woods
  • Wooded Lot
  • Wood Flooring

About This Home

As of October 2021

Beautiful East Tenn. farm on a mountain ridge perfect for outdoorsmen and wilflife lovers! A hunters retreat! This well maintained 3 bedroon/2bath ranch style home sits on 45 acres of land; 20 of such acres are cleared; a huge barn across the street from the house; ATV/4-wheeler road through the wooded area to a spring. Located near New Tazewell and Norris Lake.

Last Agent to Sell the Property

Belinda Williams

Realty Group License #346650 Listed on: 08/28/2021

Last Buyer's Agent

Paul Sifford

MG Rise Real Estate Group License #346212

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,331

Year Built

  • Built in 2005

Lot Details

  • 45.6 Acre Lot
  • Wood Fence
  • Chain Link Fence
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Parking

  • 2 Car Garage
  • Off-Street Parking

Property Views

  • Woods
  • Mountain
  • Countryside Views
  • Forest

Home Design

  • Traditional Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,568 Sq Ft Home
  • Ceiling Fan
  • Vinyl Clad Windows
  • Insulated Windows
  • Wood Flooring
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Midway Middle School
  • Cumberland Gap High School

Farming

  • Barn

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Spring water is a source of water for the property
  • Septic Tank
  • Internet Available

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 080 035.00 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,331

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Directions: From Realty Group office on Main Street to left on N Broadway (hwy 33) for 3 miles, right on Mountain Road for 2.8 miles to Clouds Road, right on Clouds Road for .39 miles to left on Cupp Ridge,forr .4 miles. to left on to Meyers Grove for .8 mles, to Welch Lane .5 miles house on the right
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2005
  • Lot Size Acres: 45.6
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Lot Description:Rolling Slope: Yes
  • Lot Description:Wooded: Yes
  • View:Mountain View: Yes
  • View:Wooded2: Yes
  • Lot Description:Irregular Lot: Yes
  • General Property Description:Fireplace: No
  • General Property Description:HOA: No
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: No
  • AtchdDtchd Type:Detached: Yes
  • Siding:Vinyl2: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Dining Area:Eat-in Kitchen: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Water:Public: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Heat:Heat Pump3: Yes
  • Outbuildings:Barn: Yes
  • Water:Spring: Yes
  • Special Features: None

Interior Features

  • Appliances: Dryer, Refrigerator, Microwave, Washer
  • Has Basement: Crawl Space
  • Fireplace: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Other, None
  • Flooring: Hardwood
  • Basement:Crawl Space: Yes
  • Appliances Range: Yes
  • Other Rooms:LaundryUtility: Yes
  • Fireplace:None15: Yes
  • Misc Features:Island in Kitchen: Yes

Exterior Features

  • Exterior Features: Windows - Vinyl, Windows - Insulated, Fence - Wood, Fence - Chain
  • View: Mountain View, Country Setting, Wooded
  • Lot Features: Wooded, Irregular Lot, Rolling Slope
  • Construction Type: Vinyl Siding, Block
  • Other Structures: Barn(s)
  • Exterior Features:Fence - Chain: Yes
  • Exterior Features:Windows - Insulated: Yes
  • Construction:Block2: Yes
  • Exterior Features:Windows - Vinyl: Yes
  • Exterior Features:Fence - Wood: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 2.0
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Off-Street Parking
  • GarageParking:Off-Street Parking: Yes

Utilities

  • Cooling: Central Cooling, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump, Electric
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Amenities: Other
  • Association: Yes

Association/Amenities

  • Community Amenities:Other - See Remarks16: Yes

Schools

  • High School: Cumberland Gap
  • Middle Or Junior School: Midway

Lot Info

  • Lot Size Sq Ft: 1986336.0
  • Parcel #: 080 035.00 000
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2021
Closed on
Oct 8, 2021
Sold by
Watson Christopher D and Watson Brittany
Bought by
Ethridge Kenneth R
Seller's Agent
Belinda Williams
Realty Group
Buyer's Agent
Paul Sifford
MG Rise Real Estate Group
Sold Price
$399,900
Current Estimated Value
$479,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,047
Avg. Annual Appreciation
3.10%
Original Mortgage
$359,910
Outstanding Balance
$331,745
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$119,197

Purchase Details

Listed on
Aug 28, 2021
Closed on
Aug 26, 2021
Sold by
Watson Hoy D
Bought by
Watson Christopher D
Seller's Agent
Belinda Williams
Realty Group
Buyer's Agent
Paul Sifford
MG Rise Real Estate Group
Sold Price
$399,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,910
Outstanding Balance
$331,745
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$119,197

Purchase Details

Closed on
Mar 16, 2011
Sold by
Delmar C
Bought by
Watson Hoy D

Purchase Details

Closed on
Jan 2, 1928
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
Ethridge Kenneth R $399,900 Independence T&E Svcs Inc
Watson Christopher D $78,000 None Available
Watson Hoy D $148,700 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ethridge Kenneth R $359,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2021 10/08/21 Sold $399,900 -- $255 / 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
2024 $1,331 $56,900 $10,375 $46,525
2023 $1,331 $56,900 $10,375 $46,525
2022 $1,138 $56,900 $10,375 $46,525
2021 $1,016 $39,425 $8,350 $31,075
2020 $1,016 $39,425 $8,350 $31,075
2019 $1,016 $39,425 $8,350 $31,075
2018 $1,016 $39,425 $8,350 $31,075
2017 $1,016 $39,425 $8,350 $31,075
2016 $1,036 $40,150 $7,750 $32,400
2015 $996 $40,150 $7,750 $32,400
2014 $996 $40,145 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1165715

East Tennessee REALTORS® MLS

APN: 080-035.00