NOT LISTED FOR SALE

392 Summitt Hill Rd Bulls Gap, TN 37711

Estimated Value: $62,000 - $223,000

1.17 Acres
$128,775 Price per Acre
50,965 Sq Ft Lot

Last Sold July 27, 2015

Last sale price $8,000

Est. 1,783% increase in value since last sale

Current estimated payment $866/month

33 Days on Market

About This Lot

As of July 2015

Nice rolling lot with close to exit 23 and Bulls Gap, Rogersville.UI INsurable for fha financing. insurability status information is found in the listing on the HUD HOMESTORE property detail page at "FHA Financing". Sold as-is.,PROPERTY SOLD "AS-IS"; Agents with active NAID#s can submit offers at www.HUDHOMESTORE.com #481-308225.For full details regarding this property and an updated listing disclosure please refer to the Hudhomestore.com. Information & Bids can be placed on hudhomestore.com forms can be located on http://oforireo.com/forms.php Equal Housing Opportunity. Availability of lot is subject to the Asset Manager removing the lot from the market.********BACK UP OFFERS WILL NOT BE ACCEPTED ON THIS PROPERTY UPON

Last Agent to Sell the Property

Renee Dunbar

Tri County Real Estate, LLC License #00259842 Listed on: 06/02/2015

Last Buyer's Agent

Renee Dunbar

Tri County Real Estate, LLC License #00259842 Listed on: 06/02/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $827

Lot Details

  • 1.17 Acre Lot
  • Lot Has A Rolling Slope
  • Property is in average condition
  • Property is zoned rs

Schools

  • Bulls Gap Elementary School
  • Bulls Gap Middle School
  • Cherokee High School

Utilities

  • Private Water Source

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 77.00

Property Details

Property Type

Land

Est. Annual Taxes

$827

Lot Details

0

Listing Details

  • Directions: 11-E to Hwy 66 4.5 miles to right onto Summit Hill Rd 1.8 miles to property on right see sign..
  • Prop. Type: Land
  • Road Frontage Type: 2 Lane Road
  • ResoSpecialListingConditions: In Foreclosure
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 77.00
  • Contract Info Foreclosure: Yes
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 1.17
  • General Property Description Zoning2: rs
  • General Property Description Elementary School3: Bulls Gap Elem
  • General Property Description Middle School2: Bulls Gap
  • General Property Description High School3: Cherokee
  • General Property Description Home Warranty: No
  • Utilities Electricity Available: Yes
  • Property Condition Average: Yes
  • Lot Features Rolling Slope2: Yes
  • Water Private: Yes
  • Special Features: 1028
  • Property Sub Type: LotsLands

Exterior Features

  • Property Condition: Average
  • Lot Features: Rolling Slope
  • Acres: 1.17
  • Home Warranty: No

Utilities

  • Utilities: Electricity Available
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Bulls Gap Elem
  • High School: Cherokee
  • Middle Or Junior School: Bulls Gap

Lot Info

  • Zoning: rs
  • Lot Dimensions: 1.17
  • Lot Size Sq Ft: 50965.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 77.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2021
Sold by
Kay Nancy Poole
Bought by
Weems Gary K and Weems Donna R
Current Estimated Value
$150,667

Purchase Details

Closed on
Oct 6, 2016
Sold by
Taylor James E
Bought by
Weems Gary K and Weems Donna R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,333
Interest Rate
3.44%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 17, 2016
Sold by
Livesay Thurman
Bought by
Taylor James E

Purchase Details

Listed on
Jun 2, 2015
Closed on
Jul 24, 2015
Sold by
Secretary Of Housing And Urban Dev Washi
Bought by
Taylor James E
Seller's Agent
Renee Dunbar
Tri County Real Estate, LLC
Buyer's Agent
Renee Dunbar
Tri County Real Estate, LLC
List Price
$8,000
Sold Price
$8,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.16%

Purchase Details

Closed on
Mar 20, 2015
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing & Urban D and C/O Michaelson Conner And Boul

Purchase Details

Closed on
Aug 26, 2014
Sold by
Secretary Of Housing And Urban
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jan 9, 2014
Sold by
Marrisett James D
Bought by
Secretary Of Housing And Urban

Purchase Details

Closed on
Apr 9, 2013
Sold by
Marrisett James D
Bought by
Secretary Of Hud Michaelson Conner&Boul Inc

Purchase Details

Closed on
Jul 30, 2007
Bought by
Marrisett James D and Marrisett Christy T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,241
Interest Rate
6.63%

Purchase Details

Closed on
Jan 29, 2007
Sold by
Wesley Cottle Johnny
Bought by
Federal National Mortgage Asso

Purchase Details

Closed on
Jul 7, 2006
Bought by
Cottle Johnny Wesley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,200
Interest Rate
6.54%

Purchase Details

Closed on
Nov 8, 2004
Bought by
Renner Steven Rex

Purchase Details

Closed on
Jun 18, 2004
Sold by
Ferguson Jason R
Bought by
Hud

Purchase Details

Closed on
Dec 2, 2002
Sold by
Michael Simmons J and Michael Prima
Bought by
Ferguson Jason R

Purchase Details

Closed on
Sep 27, 2001
Sold by
Suntrust Bank
Bought by
Michael Simmons
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
Weems Gary K $45,000 None Available
Weems Gary K $92,000 --
Taylor James E $13,000 --
Taylor James E $8,000 --
Secretary Of Housing & Urban D -- --
Wells Fargo Bank Na -- --
Secretary Of Housing And Urban $85,478 --
Secretary Of Hud Michaelson Conner&Boul Inc -- --
Marrisett James D $75,900 --
Federal National Mortgage Asso $62,823 --
Cottle Johnny Wesley $76,200 --
Renner Steven Rex $51,400 --
Hud $59,908 --
Ferguson Jason R $53,550 --
Michael Simmons $22,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weems Gary K $90,333
Previous Owner Michael Simmons $75,241
Previous Owner Michael Simmons $76,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2015 07/27/15 Sold $8,000 0.0% --
07/06/2015 07/06/15 Pending -- -- --
06/02/2015 06/02/15 For Sale $8,000 -- --
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 $827 $32,375 $2,700 $29,675
2023 $753 $32,375 $0 $0
2022 $742 $32,000 $2,700 $29,300
2021 $694 $32,000 $2,700 $29,300
2020 $722 $32,000 $2,700 $29,300
2019 $705 $28,500 $2,700 $25,800
2018 $705 $27,850 $2,700 $25,150
2017 $486 $19,200 $2,700 $16,500
2016 $375 $19,200 $2,700 $16,500
2015 $365 $14,825 $3,050 $11,775
2014 $76 $3,075 $3,075 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 364024

Tennessee/Virginia Regional MLS

APN: 153-077.00