NOT LISTED FOR SALE

3395 Laurelwood Rd Cosby, TN 37722

Estimated Value: $348,000 - $505,000

2 Beds
2 Baths
1,568 Sq Ft
$279/Sq Ft Est. Value

Last Sold July 09, 2021

Last sale price $315,000 $201 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,489/month

77 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Wooded Lot
  • No HOA
  • Deck
  • Sun or Florida Room
  • Covered Patio or Porch

About This Home

As of July 2021

INCOME POTENTIAL OF 30K OR MORE! 2 Bedroom, 2 Bath Cabin on 1.00 beautifully maintained acre. Large main suite with double closets and a walkout to a private sunroom. Guest suite overlooking the north view of the property. Open concept Kitchen with spacious pantry and separate laundry and mudroom. Large two car garage with with enough space above for an apartment or workshop, Plus an additional 8x12 storage building and RV carport. Fenced back yard. Seasonal spring-fed stream runs right through the front yard. Plenty of wildlife. Quiet development, close to town and a short drive to the Foothills Parkway. Seller is providing a 1 Year Home Warranty.

Last Agent to Sell the Property

Kylie Baker

Realty Executives Southern Living Newport License #355636 Listed on: 04/23/2021

Co-Listed By

David Baker

Realty Executives Southern Living Newport License #355547

Last Buyer's Agent

David Baker

Realty Executives Southern Living Newport License #355547

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,354

Year Built

  • Built in 1999

Lot Details

  • 1 Acre Lot
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Garage
  • Detached Carport Space
  • Enclosed Parking

Home Design

  • Block Foundation
  • Wood Siding

Interior Spaces

  • 1,568 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Metal Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Sun or Florida Room
  • Block Basement Construction

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer Hookup

Home Security

  • Home Security System
  • Storm Windows
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Septic Tank
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 1774 000

Community Details

Overview

  • No Home Owners Association
  • Rocky Ridge Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,354

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Carport Y N: Yes
  • Year Built: 1999
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Lot Size: Irregular
  • Subdivision Name: Rocky Ridge
  • Directions: From Walmart Supercenter in Newport: Turn right onto TN-32 S; Turn right onto US-321 S; in .01 miles, Turn left to stay on US-321 S; in 2.9 miles, Turn left onto Orchard Road. (**NOTE: Your GPS may try to take you onto Hopkins Road before reaching this point. This road is NOT recommended, as it is very narrow with high banks and can only accommodate one vehicle at a time) Continue on Orchard Road
  • Above Grade Finished Sq Ft: 1568.0
  • New Construction: No
  • Efficiency: Lighting
  • Structure Type: Cabin
  • Location Tax and Legal:Tax Annual Amount: 1354.0
  • Location Tax and Legal:Tax Year2: 2019
  • Location Tax and Legal:Parcel Number2: 1774 000
  • General Property Information:Lot Size Acres: 1.0
  • General Property Information:Lot Size Dimensions: Irregular
  • General Property Information:Waterfront YN: No
  • Utilities:Cable Available: Yes
  • Water Source:Public: Yes
  • General Property Information:Living Area2: 1568.0
  • General Property Information:Above Grade Finished Area: 1568.0
  • General Property Information:New Construction YN: No
  • General Property Information:Fireplace YN: Yes
  • General Property Information:Spa YN: No
  • General Property Information:Home Warranty YN: Yes
  • Additional Dwelling:Additional Dwelling YN: No
  • Appliances Refrigerators: Yes
  • Cooling:Heat Pump: Yes
  • Flooring:Tile: Yes
  • Foundation Details:Block3: Yes
  • Laundry Features:Washer Hookup: Yes
  • Levels:One: Yes
  • Room Types:Living Room2: Yes
  • General Property Information:Basement YN: No
  • Flooring:Vinyl: Yes
  • Other Structures:Small Storage: Yes
  • Security Features:Security System: Yes
  • Security Features:Smoke Detector(s): Yes
  • Cooling:Central Air: Yes
  • Flooring:Laminate: Yes
  • Laundry Features:Laundry Room: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Main Level: Yes
  • Utilities:Propane3: Yes
  • Other Structures:Shed(s): Yes
  • Utilities:Satellite Internet: Yes
  • Room Types:Sunroom: Yes
  • Other Structures:Large Storage: Yes
  • Room Types:Laundry: Yes
  • Roof:Metal: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Laminate, Tile, Vinyl
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Basement: Block
  • Levels: One
  • Interior Amenities: Ceiling Fan(s)
  • Private Spa: No
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Living Room, Metal, Primary Bedroom
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1568.0
  • Window Features: Double Pane Windows, Other, Storm Window(s)
  • Appliances Dishwasher: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:Electric Range: Yes
  • Basement:Block: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Gas Log: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Primary Bedroom: Yes

Exterior Features

  • Lot Features: Level, Rolling Slope, Wooded, Other
  • Waterfront: No
  • Home Warranty: Yes
  • Construction Type: Block, Log Siding, Wood Siding
  • Foundation Details: Block
  • Other Structures: Large Storage, Shed(s), Small Storage
  • Patio And Porch Features: Covered, Deck, Porch
  • Construction Materials:Block2: Yes
  • Lot Features:Level: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Double Pane Windows: Yes
  • Construction Materials:Wood Siding: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Porch: Yes
  • Lot Features:Rolling Slope: Yes
  • Lot Features:Other21: Yes
  • Lot Features:Wooded: Yes
  • Window Features:Other3: Yes
  • Window Features:Storm Window(s): Yes
  • Construction Materials:Log Siding: Yes
  • Patio And Porch Features:Enclosed: Yes

Garage/Parking

  • Garage Yn: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Carport, Detached, Detached Carport, Enclosed, Garage, Gravel
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage: Yes
  • General Property Information:Carport YN: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Carport: Yes
  • Parking Features:Detached Carport: Yes

Utilities

  • Cooling: Central Air, Heat Pump
  • Heating: Central, Heat Pump, Propane
  • Sewer: Septic Tank
  • Laundry Features: Laundry Room, Main Level, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Propane, Satellite Internet
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Central: Yes
  • Heating:Propane2: Yes

Condo/Co-op/Association

  • Amenities: Laundry
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • Horse Amenities:None10: Yes

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 43560.0
  • Parcel #: 1774 000
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient:Lighting2: Yes

Tax Info

  • Tax Annual Amount: 1354.0
  • Tax Map Number: 111
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2021
Closed on
Jul 9, 2021
Sold by
Hayes Richard Kent
Bought by
Spence George R and Spence Kim R
Seller's Agent
Kylie Baker
Realty Executives Southern Living Newport
Buyer's Agent
David Baker
Realty Executives Southern Living Newport
List Price
$315,000
Sold Price
$315,000
Current Estimated Value
$436,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,920
Avg. Annual Appreciation
8.24%
Original Mortgage
$305,550
Outstanding Balance
$278,438
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$158,482

Purchase Details

Closed on
Mar 31, 2005
Sold by
Pettit Lisa E Et Vir
Bought by
Masters Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,800
Interest Rate
5.74%
Mortgage Type
Cash

Purchase Details

Closed on
May 6, 2002
Sold by
Gunn Robert and Gunn Charlene C
Bought by
Pettit Lisa E

Purchase Details

Closed on
Nov 2, 1998
Bought by
Gunn Robert Charlene
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
Spence George R $315,000 Colonial Title Group Inc
Masters Robert C $96,000 --
Pettit Lisa E $85,000 --
Gunn Robert Charlene $8,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spence George R $305,550
Previous Owner Masters Robert C $107,250
Previous Owner Masters Robert C $110,200
Previous Owner Masters Robert C $115,000
Previous Owner Masters Robert C $27,000
Previous Owner Gunn Robert Charlene $76,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2021 07/09/21 Sold $315,000 0.0% $201 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $315,000 +53.7% $201 / Sq Ft
10/08/2018 10/08/18 Sold $205,000 -14.2% $131 / Sq Ft
09/30/2018 09/30/18 Pending -- -- --
07/03/2018 07/03/18 For Sale $239,000 -- $152 / 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 $1,351 $52,775 $7,500 $45,275
2023 $1,351 $52,775 $7,500 $45,275
2022 $1,354 $52,775 $7,500 $45,275
2021 $1,354 $52,775 $7,500 $45,275
2020 $966 $52,775 $7,500 $45,275
2019 $966 $34,150 $5,500 $28,650
2018 $966 $34,150 $5,500 $28,650
2017 $990 $34,150 $5,500 $28,650
2016 $884 $34,150 $5,500 $28,650
2015 $967 $34,150 $5,500 $28,650
2014 $967 $34,150 $5,500 $28,650
2013 $967 $40,275 $7,500 $32,775
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 601503

Lakeway Area Association of REALTORS®

APN: 111-017.74