NOT LISTED FOR SALE

4241 Old Asheville Hwy Flag Pond, TN 37657

Estimated Value: $162,000 - $226,617

3 Beds
2 Baths
1,450 Sq Ft
$136/Sq Ft Est. Value

Last Sold September 20, 2012

Last sale price $61,000 $42 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $1,105/month

78 Days on Market

Highlights

  • Deck
  • Circular Driveway
  • Paneling
  • Covered Patio or Porch
  • 2 Car Detached Garage
  • Cooling Available

About This Home

As of September 2012

Bordered in back by Indian Creek, a gorgeous rushing mountain stream, this Unicoi County listing has great road frontage yet is surrounded by picturesque foothills and mountains. Built in 1953 and with later updates and additions, this six-room home, with a stone foundation and a metal roof, has great potential. The large living room and eat-in kitchen are open concept, and the kitchen has French doors to the back two-level deck, running the entire length of the house. The master BR, with laundry closet and BA, is on the left of the living room; and on the other side of the living room is the hall to the den, two other BRs and a second BA. Also, there are stairs from the den to the unfinished basement with concrete floor. Buyer/buyer's agent to verify info.

Last Agent to Sell the Property

Gordon Newman

Century 21 Legacy - Greeneville License #TN# 294973 VA # 0225197251 Listed on: 05/15/2012

Century 21 Legacy - Greeneville

Last Buyer's Agent

KATHY MCKNIGHT

Century 21- Legacy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $788

Year Built

  • Built in 1953

Lot Details

  • 0.5 Acre Lot
  • Level Lot
  • Property is in average condition

Parking

  • 2 Car Detached Garage
  • Circular Driveway
  • Gravel Driveway

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,450 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Interior and Exterior Basement Entry

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Temple Hill Elementary School
  • Unicoi Co Middle School
  • Unicoi Co High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Septic Tank

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 054.03

Home Details

Home Type

Single Family

Est. Annual Taxes

$788

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Directions: From Erwin, take I-26E toward Asheville. Take Exit 50 on the left toward Flag Pond Road. Turn left onto Upper Higgins Creek Road. Turn right onto Flag Pond Road. Destination will be about two minutes on the left.
  • Prop. Type: Residential
  • Year Built: 1953
  • Garage Garage Spaces: 2
  • Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: In Foreclosure
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: Yes
  • General Property Description Acres: 0.5
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Temple Hill
  • General Property Description Middle School2: Unicoi Co
  • General Property Description High School3: Unicoi Co
  • General Property Description Lot Dimensions: +/- .50 Acres
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1450.0
  • General Property Description Above Grade SqFt: 1450.0
  • TopographyLot Description Level2: Yes
  • General Property Description Parcel ID2: 054.03
  • Style Ranch: Yes
  • AC Heat Pump3: Yes
  • General Property Description Stories2: 1
  • TopographyLot Description Sloped: Yes
  • Flooring Laminate: Yes
  • Roof Metal3: Yes
  • Walls Paneling: Yes
  • Property Condition Average: Yes
  • Flooring Ceramic Tile: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: 1028

Interior Features

  • Has Basement: Exterior Entry, Interior Entry
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • General Property Description Baths - Full: 2
  • Basement:Exterior Entry: Yes
  • Basement:Interior Entry: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Metal
  • Acres: 0.5
  • Topography: Level, Sloped
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Back, Covered, Deck, Front Patio, Front Porch
  • Exterior Finish Vinyl Siding: Yes
  • PorchPatioDeck Back: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Deck: Yes
  • PorchPatioDeck Front Patio: Yes
  • PorchPatioDeck Front Porch: Yes

Garage/Parking

  • Parking Features: Circular Driveway, Detached, Gravel
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Gravel: Yes
  • Parking Features:Circular Driveway: Yes
  • Parking Features:Detached: Yes

Utilities

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

Schools

  • Elementary School: Temple Hill
  • High School: Unicoi Co
  • Middle Or Junior School: Unicoi Co

Lot Info

  • Zoning: Residential
  • Lot Dimensions: +/- .50 Acres
  • Lot Size Sq Ft: 21780.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 054.03
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2012
Closed on
Sep 20, 2012
Sold by
Secretary Of Housing And U
Bought by
Woody Tara
Seller's Agent
Gordon Newman
Century 21 Legacy - Greeneville
Buyer's Agent
KATHY MCKNIGHT
Century 21- Legacy
List Price
$79,500
Sold Price
$61,000
Premium/Discount to List
-$18,500
-23.27%
Current Estimated Value
$196,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,654
Avg. Annual Appreciation
9.35%
Original Mortgage
$48,800
Outstanding Balance
$34,228
Interest Rate
3.71%
Mortgage Type
Commercial
Estimated Equity
$160,864

Purchase Details

Closed on
Apr 19, 2012
Sold by
Smith Henry T
Bought by
Secretary Of Housing And Urban

Purchase Details

Closed on
Apr 13, 2012
Bought by
Us Department Of Housing And Urban Developmen

Purchase Details

Closed on
Jun 6, 2008
Sold by
Pate Billy Warren
Bought by
Smith Henry T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,929
Interest Rate
6.04%

Purchase Details

Closed on
Mar 31, 2006
Sold by
Winfred Shelton
Bought by
Warren Pate Billy

Purchase Details

Closed on
Jan 13, 2004
Bought by
Shelton Winfred and Shelton Blanche
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
Woody Tara $61,000 --
Secretary Of Housing And Urban $152,789 --
Us Department Of Housing And Urban Developmen $152,800 --
Smith Henry T $134,000 --
Warren Pate Billy -- --
Shelton Winfred $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woody Tara $48,800
Previous Owner Shelton Winfred $131,929
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2012 09/20/12 Sold $61,000 -23.3% $42 / Sq Ft
08/02/2012 08/02/12 Pending -- -- --
05/15/2012 05/15/12 For Sale $79,500 -- $55 / 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 $788 $30,200 $2,550 $27,650
2023 $788 $30,200 $0 $0
2022 $689 $29,300 $2,550 $26,750
2021 $783 $27,425 $2,550 $24,875
2020 $736 $27,425 $2,550 $24,875
2019 $736 $27,425 $2,550 $24,875
2018 $736 $27,425 $2,550 $24,875
2017 $736 $27,425 $2,550 $24,875
2016 $706 $26,300 $2,450 $23,850
2015 $706 $26,300 $0 $0
2014 $706 $26,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 320396

Tennessee/Virginia Regional MLS

APN: 055-05403-000