NOT LISTED FOR SALE

389 Watterson Gap Rd Surgoinsville, TN 37873

Estimated Value: $97,000 - $146,721

3 Beds
2 Baths
1,344 Sq Ft
$90/Sq Ft Est. Value

Last Sold June 05, 2024

Last sale price $100,000 $74 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $699/month

4 Days on Market

Highlights

  • Creek or Stream View
  • No HOA
  • Paneling
  • Wood Flooring
  • Cottage
  • Pasture

About This Home

As of June 2024

*PRE APPROVED BUYERS ONLY CAN INQUIRE OR PREVIEW THIS PROPERTY!!
Three bedroom, 2 full bath ''fixer upper'' on approx
Approx 1.72+/- acres. This home has hardwood floors, a HVAC system with high speed internet available. This home offers approx 1,344+/- square ft and was built in 1940. The kitchen appliances DO NOT convey. *This home WILL NOT qualify for USDA, VA or FHA Loans.
Cash and conventional offers are welcome! The home has gas heat with a large propane tank and a nice garden spot with a creek running thru the front of the property. There is a drive under garage with a partial cellar under the home. This home is ''below average'' and is being sold AS IS. The age of the roof and the HVAC are unknown.
No verbal offers will be considered! The seller is relocating. The washer and dryer DO NOT convey. This home is OCCUPIED! and requires notice with a PRE APPROVED BUYER to preview this property. *AGENTS, ''''ALL'''''' appts will go thru showing time! 2.5% to any buyer's agent. *The seller will make no repairs due to any inspections or appraisals if applicable. ALL of this information was taken from online records. *It is the ABSOLUTE and SOLE responsibility of THE BUYER'S AGENT to verify ''''ALL'''' of the information stated herein!

Last Agent to Sell the Property

BRIAN GIVENS

A Team Real Estate Professionals License #00314841 Listed on: 04/14/2024

Last Buyer's Agent

Larry York

Karns Realty License #261663

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $522

Year Built

  • Built in 1940

Lot Details

  • 1.72 Acre Lot
  • Level Lot
  • Cleared Lot
  • Property is in below average condition
  • Property is zoned RS

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Fixer Upper
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,344 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Creek or Stream Views
  • Washer and Electric Dryer Hookup

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Garage Access
  • Exterior Basement Entry
  • Dirt Floor
  • Block Basement Construction
  • Basement Cellar

Schools

  • Surgoinsville Elementary And Middle School
  • Volunteer High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Septic Tank

Additional Features

  • Outbuilding
  • Flood Zone Lot
  • Pasture

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 040 035.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$522

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Directions: *GPS friendly! See sign at the road. From 11W in Surgoinsville turn onto Zion Hill Road then right onto Carters Valley Road, then left onto Watterson Gap Rd. Home will be on the left. See pointer sign on the mailbox. OCCUPIED! Requires NOTICE!!
  • Prop. Type: Residential
  • Year Built: 1940
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Not In Subdivision
  • Architectural Style: Cottage
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 1.72
  • General Property Description Zoning2: RS
  • General Property Description Elementary School3: Surgoinsville
  • General Property Description Middle School2: Surgoinsville
  • General Property Description High School3: Volunteer
  • General Property Description HOA YN: No
  • Water Public: Yes
  • General Property Description Lot Dimensions: See Acres
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1344.0
  • General Property Description Above Grade SqFt: 1344.0
  • AC Central Air: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 040 035.00
  • General Property Description Stories2: 1
  • Other Structures Outbuilding: Yes
  • TopographyLot Description Pasture2: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Laminate: Yes
  • TopographyLot Description Cleared: Yes
  • View CreekStream: Yes
  • Property Condition Fixer: Yes
  • Flooring Vinyl: Yes
  • Walls Paneling: Yes
  • Basement Block4: Yes
  • Basement Garage Door: Yes
  • Heating Propane3: Yes
  • RoofAsphalt: Yes
  • Property Condition Below Average: Yes
  • TopographyLot Description Flood Zone2: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: See Remarks
  • Has Basement: Block, Cellar, Dirt Floor, Exterior Entry, Garage Door, Unfinished
  • Flooring: Hardwood, Laminate, Vinyl
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 5
  • General Property Description Baths - Full: 2
  • Basement:Exterior Entry: Yes
  • Basement:Unfinished: Yes
  • Basement:Dirt Floor: Yes
  • Basement:Cellar: Yes

Exterior Features

  • Property Condition: Below Average, Fixer
  • Roof: Asphalt, See Remarks
  • Other Structures: Outbuilding
  • View: Creek/Stream
  • Acres: 1.72
  • Topography: Cleared, Flood Zone, Level, Pasture
  • Home Warranty: No
  • Construction Type: Block, Vinyl Siding
  • Exterior Finish Vinyl Siding: Yes

Garage/Parking

  • Parking Features: Gravel
  • Attached Garage: No
  • Parking Features:Gravel: Yes

Utilities

  • Heating: Central, Propane, See Remarks
  • Sewer: Septic Tank
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes
  • Heating:See Remarks10: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Surgoinsville
  • High School: Volunteer
  • Middle Or Junior School: Surgoinsville

Lot Info

  • Zoning: RS
  • Lot Dimensions: See Acres
  • Lot Size Sq Ft: 74923.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 040 035.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 1499

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2024
Closed on
Jun 5, 2024
Sold by
Rhoton Charles A and Williams Darlies A
Bought by
Clark Linda Carolyn and Clark William Matthew
Seller's Agent
BRIAN GIVENS
A Team Real Estate Professionals
Buyer's Agent
Larry York
Karns Realty
List Price
$104,900
Sold Price
$100,000
Premium/Discount to List
-$4,900
-4.67%
Views
42
Current Estimated Value
$120,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,430
Avg. Annual Appreciation
19.28%
Original Mortgage
$90,000
Outstanding Balance
$88,962
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$35,256

Purchase Details

Listed on
Feb 8, 2023
Closed on
Mar 14, 2023
Sold by
Celink
Bought by
Rhoton Charles A and Williams Darlies A
Seller's Agent
Sharon Fletcher
Wanda Gibson Real Estate
Buyer's Agent
Daniel Moore
Wallace
List Price
$75,000
Sold Price
$65,000
Premium/Discount to List
-$10,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.62%
Original Mortgage
$48,400
Interest Rate
5.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 1996
Bought by
Danny Bailey

Purchase Details

Closed on
Dec 19, 1995
Bought by
Bailey Ellene Le

Purchase Details

Closed on
Feb 24, 1964
Bought by
Bailey Ellene
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
Clark Linda Carolyn $100,000 None Listed On Document
Rhoton Charles A $68,400 Unified Title & Escrow
Rhoton Charles A $68,400 Unified Title & Escrow
Carrington Mortgage Services Llc -- --
Carrington Mtg Services Llc -- None Listed On Document
Danny Bailey $7,300 --
Bailey Ellene Le $7,300 --
Bailey Ellene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Linda Carolyn $90,000
Previous Owner Rhoton Charles A $48,400
Previous Owner Bailey Danny K $137,250
Previous Owner Bailey Danny K $9,820
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2024 06/05/24 Sold $100,000 -4.7% $74 / Sq Ft
04/19/2024 04/19/24 Pending -- -- --
04/14/2024 04/14/24 For Sale $104,900 +61.4% $78 / Sq Ft
03/28/2023 03/28/23 Sold $65,000 -13.3% $48 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
10/06/2022 10/06/22 For Sale $75,000 -- $56 / Sq Ft
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 $522 $20,425 $3,525 $16,900
2023 $474 $20,425 $0 $0
2022 $473 $20,400 $3,500 $16,900
2021 $442 $20,400 $3,500 $16,900
2020 $410 $20,400 $3,500 $16,900
2019 $410 $16,200 $3,500 $12,700
2018 $410 $16,200 $3,500 $12,700
2017 $410 $16,200 $3,500 $12,700
2016 $410 $16,200 $3,500 $12,700
2015 $399 $16,200 $3,500 $12,700
2014 $417 $16,925 $3,500 $13,425
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9964479

Tennessee/Virginia Regional MLS

APN: 040-035.00