$340,000
SOLD DEC 30, 2024

3240 Bright Hope Rd Greeneville, TN 37743

2 Beds
1 Bath
800 Sq Ft
10.58 Acres

Recently Sold

$425 Per Sq Ft

3% Below List Price

24 Days on Market

Highlights

  • Ranch Style House
  • Double Pane Windows
  • Cooling Available
  • No HOA
  • Soaking Tub
  • Patio

About This Home

As of December 2024

Opportunity knocks with this expansive serene 10.5 +/- acre parcel featuring over 1200 feet of road frontage and breathtaking mountain views. This versatile property offers numerous possibilities, whether you're seeking a homestead, a site for an at-home business, or a future development opportunity.

At the heart of the property is a charming new tiny home, a brand new, efficient 2024 site-built dwelling equipped with an on-demand water heater, mini-split heating, and reverse osmosis water filter. It's permitted for a 3-bedroom septic system, providing the perfect starting point with room to expand in the future.

For those in need of workspace, an 18 x 50 block building (formerly a milk parlor) offers a fantastic space for a workshop, storage, or other creative uses. Water supply is ample, with a natural spring at the rear and a spigot near the original farmhouse. Additionally, there's 600 feet of underground waterline with various spigots, ideal for livestock watering or garden irrigation.

Imagine your dream home at the tree line, where stunning mountain views provide a picturesque backdrop. The mostly cleared, rolling landscape allows for easy development or agricultural endeavors, while a wooded area at the back offers a touch of privacy.

With generous road frontage, this property holds potential for division to build one or two additional homes, making it perfect for investors or those looking to create a family compound.

Please note that the old farmhouse at the front should not be entered due to safety concerns, but the intact septic system offers potential for RV hookups. This property is a homesteader's dream, offering plenty of room to grow and explore. Don't miss your chance to own this unique piece of land with endless possibilities. Schedule a showing today!

Buyer and Buyer's agent to verify all information. Property taxes are subject to change with the new dwelling that was added this year.

Last Agent to Sell the Property

Kelly Johnson

Fathom Realty License #358306 Listed on: 10/18/2024

Fathom Realty

Last Buyer's Agent

Non Member

Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $380

Year Built

  • Built in 2024

Lot Details

  • 10.58 Acre Lot
  • Level Lot
  • Property is in good condition
  • Property is zoned A-1

Home Design

  • Ranch Style House
  • Slab Foundation
  • Metal Roof
  • HardiePlank Type

Interior Spaces

  • 800 Sq Ft Home
  • Double Pane Windows
  • Luxury Vinyl Plank Tile Flooring

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Soaking Tub

Outdoor Features

  • Patio
  • Shed

Schools

  • Nolichuckey Elementary School
  • South Greene Middle School
  • South Greene High School

Farming

  • Pasture

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 131 027.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$380

Year Built

Built in 2024

Lot Details

0

Listing Details

  • Directions: From US-11E S/US-321 S turn left onto Hal Henard Rd to State Hwy 349. Then turn left onto Burkey Road and then turn right onto State Hwy 349. Turn left onto Bright Hope Road and see house on the left.
  • Prop. Type: Residential
  • Year Built: 2024
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Not In Subdivision
  • Architectural Style: Ranch
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 10.58
  • General Property Description Zoning2: A-1
  • General Property Description Elementary School3: Nolichuckey
  • General Property Description Middle School2: South Greene
  • General Property Description High School3: South Greene
  • General Property Description HOA YN: No
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • General Property Description Lot Dimensions: IRR
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 800.0
  • General Property Description Above Grade SqFt: 800.0
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • General Property Description Parcel ID2: 131 027.00
  • Style Ranch: Yes
  • AC Heat Pump3: Yes
  • Other Structures Shed(s): Yes
  • TopographyLot Description Rolling Slope: Yes
  • Flooring Luxury Vinyl: Yes
  • Roof Metal3: Yes
  • Foundation Slab: Yes
  • Other Structures Storage2: Yes
  • Structure Type:House: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Flooring: Luxury Vinyl
  • Interior Amenities: Pantry, Soaking Tub
  • Window Features: Double Pane Windows
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 3
  • General Property Description Baths - Full: 1
  • Interior Features:Pantry: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Soaking Tub: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Metal
  • Other Structures: Shed(s), Storage
  • Exterior Features: Pasture
  • Acres: 10.58
  • Topography: Level, Rolling Slope
  • Home Warranty: No
  • Construction Type: HardiPlank Type
  • Foundation Details: Slab
  • Patio And Porch Features: Rear Patio
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Pasture: Yes
  • Exterior Finish HardiPlank Type: Yes
  • PorchPatioDeck Rear Patio: Yes

Utilities

  • Heating: Electric, Heat Pump
  • Sewer: Septic Tank
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Nolichuckey
  • High School: South Greene
  • Middle Or Junior School: South Greene

Lot Info

  • Zoning: A-1
  • Lot Dimensions: IRR
  • Lot Size Sq Ft: 460864.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 131 027.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 693A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2022
Closed on
Oct 13, 2022
Sold by
Shaw George Daniel
Bought by
Brennan Howard and Brennan Camille Howard
Seller's Agent
Sharon Fletcher
Wanda Gibson Real Estate
Buyer's Agent
Amanda Kilday
Southbound Real Estate
List Price
$253,900
Sold Price
$165,000
Premium/Discount to List
-$88,900
-35.01%
Current Estimated Value
$341,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,300
Avg. Annual Appreciation
26.60%
Original Mortgage
$140,250
Outstanding Balance
$123,496
Interest Rate
4.98%
Mortgage Type
New Conventional
Estimated Equity
$198,909

Purchase Details

Closed on
Dec 15, 2010
Bought by
Greeneville Federal Bank Fsb
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $165,000 East Tennessee Title
Warranty Deed $383,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $140,250 New Conventional
Previous Owner $409,400 No Value Available
Previous Owner $25,000 No Value Available
Previous Owner $120,000 No Value Available
Previous Owner $25,000 No Value Available
Previous Owner $211,000 No Value Available
Previous Owner $50,000 No Value Available
Previous Owner $40,850 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2024 12/30/24 Sold $340,000 -2.9% $425 / Sq Ft
11/11/2024 11/11/24 Pending -- -- --
10/18/2024 10/18/24 For Sale $350,000 +112.1% $438 / Sq Ft
10/21/2022 10/21/22 Sold $165,000 -35.0% $187 / Sq Ft
09/16/2022 09/16/22 Pending -- -- --
05/16/2022 05/16/22 For Sale $253,900 +397.8% $287 / Sq Ft
05/03/2013 05/03/13 Sold $51,000 -43.3% $60 / Sq Ft
04/17/2013 04/17/13 For Sale $89,900 -- $106 / Sq Ft
04/10/2013 04/10/13 Pending -- -- --
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 $380 $23,050 $19,950 $3,100
2023 $387 $23,050 $0 $0
2022 $305 $15,150 $12,925 $2,225
2021 $305 $15,150 $12,925 $2,225
2020 $305 $15,150 $12,925 $2,225
2019 $305 $15,150 $12,925 $2,225
2018 $305 $15,150 $12,925 $2,225
2017 $295 $14,950 $12,925 $2,025
2016 $280 $14,950 $12,925 $2,025
2015 $280 $14,950 $12,925 $2,025
2014 -- $14,950 $12,925 $2,025
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9972449

Tennessee/Virginia Regional MLS

APN: 131-027.00