NOT LISTED FOR SALE

327 Colwyn Ave Cumberland Gap, TN 37724

Estimated Value: $205,000 - $280,000

4 Beds
2 Baths
2,531 Sq Ft
$99/Sq Ft Est. Value

Last Sold August 17, 2021

Last sale price $200,000 $79 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,453/month

Highlights

  • Mountain View
  • Attached Garage
  • Outdoor Storage
  • Covered Patio or Porch
  • Tile Flooring
  • Central Air

About This Home

As of August 2021

This is a very unique historic home down in the city of Cumberland Gap. Outstanding views from any room in the house of the Pinnacle and the three states of mountains surrounding this great historical town. This home is a concrete rock home that has stood the test of time since 1941 and with all its updates is absolutely a treasure. Sitting in-between two roads Colwyn, Ave. and Ashton dr. you can walk to all the festivals , shops and restaurants that this little historic town has to offer. What a gem of a find. Sit on your front porch and watch the deer and turkey roam. Take a hike on one of the nature trails with a total of 87 miles available to choose from or just walk to LMU on the connector trail. So much to do in this great little town.

Last Agent to Sell the Property

Shelly Mills

Realty Network, Inc License #310306 Listed on: 07/08/2021

Last Buyer's Agent

Michael Hensley

REMAX PROFESSIONAL'S License #341344

REMAX PROFESSIONAL'S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $148

Year Built

  • Built in 1941

Lot Details

  • 0.35 Acre Lot
  • Historic Home

Property Views

  • Mountain Views
  • Countryside Views

Home Design

  • Stone Siding

Interior Spaces

  • 2,531 Sq Ft Home
  • Fireplace Features Masonry
  • Insulated Windows
  • Partially Finished Basement
  • Walk-Out Basement
  • Microwave

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Attached Garage
  • Basement Garage
  • Side or Rear Entrance to Parking
  • On-Street Parking

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Community Details

  • Cumberland Gap City Subdivision

Listing and Financial Details

  • Assessor Parcel Number 001L D 002.00 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$148

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Directions: cumberland gap
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1941
  • Lot Size Acres: 0.35
  • Subdivision Name: Cumberland Gap City
  • Architectural Style: Historic
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave
  • Has Basement: Partially Finished, Walkout
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Flooring: Carpet, Vinyl, Tile
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Windows - Insulated, Patio, Porch - Covered, Cable Available (TV Only)
  • View: Mountain View, Country Setting
  • Construction Type: Stone
  • Other Structures: Storage

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: On-Street Parking, Other, Attached, Basement, Side/Rear Entry

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 15246.0
  • Parcel #: 001L D 002.00 000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 148.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2023
Sold by
Wensink Leah
Bought by
Wensink Patrick R
Current Estimated Value
$250,197

Purchase Details

Listed on
Jul 8, 2021
Closed on
Aug 5, 2021
Sold by
Petoskey David A and Petoskey Shelly L
Bought by
Wensink Patrick and Wensink Leah
Seller's Agent
Shelly Mills
Realty Network, Inc
Buyer's Agent
Michael Hensley
REMAX PROFESSIONAL'S
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.56%
Original Mortgage
$156,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 22, 2017
Closed on
Jun 21, 2018
Sold by
Landess Marcella
Bought by
Petoskey Shelly L and Petoskey David A
Seller's Agent
Nancy Maiden
Mountain Realty
Buyer's Agent
Shelly Mills
Realty Network, Inc
Sold Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.33%
Original Mortgage
$106,400
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 1998
Sold by
Heck Peggy
Bought by
Landess Marcella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.94%

Purchase Details

Closed on
Jan 26, 1996
Bought by
Gibson Rosco and Gibson Loraine

Purchase Details

Closed on
Mar 22, 1961
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wensink Patrick R -- None Listed On Document
Wensink Patrick R -- None Listed On Document
Wensink Patrick $195,000 Accommodation
Petoskey Shelly L $133,000 Warranty Title Insurance Co
Landess Marcella $50,000 --
Gibson Rosco $15,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wensink Patrick $156,000
Previous Owner Petoskey Shelly L $106,400
Previous Owner Not Available $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2021 08/17/21 Sold $200,000 +48.1% $79 / Sq Ft
06/28/2018 06/28/18 Sold $135,000 -- $79 / Sq Ft View Prior Sale
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 $1,457 $47,575 $5,100 $42,475
2023 $1,457 $47,575 $5,100 $42,475
2022 $1,296 $47,575 $5,100 $42,475
2021 $574 $16,500 $4,950 $11,550
2020 $574 $16,500 $4,950 $11,550
2019 $574 $16,500 $4,950 $11,550
2018 $574 $16,500 $4,950 $11,550
2017 $574 $16,500 $4,950 $11,550
2016 $626 $18,000 $7,425 $10,575
2015 $527 $18,000 $7,425 $10,575
2014 $527 $18,003 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Shelly Mills

    Realty Network, Inc

    12 in this area

    20 Total Sales

    Shelly Mills
    Section Image
  • Michael Hensley

    Buyer's Agent in 2021

    Michael Hensley

    RE/MAX

    (606) 269-1737

    41 in this area

    198 Total Sales

    Michael Hensley
    Section Image
  • Nancy Maiden

    Seller's Agent in 2018

    Nancy Maiden

    Mountain Realty

    27 in this area

    100 Total Sales

    Nancy Maiden
    Section Image
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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1159457

East Tennessee REALTORS® MLS

APN: 001L-D-002.00

Tennessee Claiborne County Cumberland Gap 37724

327 Colwyn Ave, Cumberland Gap, TN

This home is located at 327 Colwyn Ave, Cumberland Gap, TN 37724 since 08 July 2021 and is currently estimated at $250,197, approximately $98 per square foot. This property was built in 1941. 327 Colwyn Ave is a home located in Claiborne County with nearby schools including J. Frank White Academy.

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.

East Tennessee REALTORS® MLS 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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