NOT LISTED FOR SALE

431 Set Point Private Dr Piney Flats, TN 37686

Estimated Value: $633,000 - $703,951

4 Beds
3 Baths
3,708 Sq Ft
$183/Sq Ft Est. Value

Last Sold March 27, 2015

Last sale price $427,000 $115 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,873/month

326 Days on Market

Highlights

  • Boathouse
  • Docks
  • Deck
  • Lake Front
  • RV Access or Parking
  • Recreation Room with Fireplace

About This Home

As of March 2015

LAKEFRONT, ONE LEVEL with a full basement~a rare find, plus it has a huge detached garage! This home sits on a gently sloping lot with a fantastic view of the main channel. Enjoy an Open Floor plan with a wall of windows and sunroom on the main level to enjoy the lake year round! The basement offers a game room with fireplace, area plumbed and tiled for bar, 4th bedroom, office/craft room, full bath and patio overlooking the lake. The Detached garage is 700 square foot, includes heat/air, parking pad, RV parking, jet ski parking area, workshop and attic (could be converted to apartment). Summer is coming come enjoy the covered dock with boat lift and jet ski ramp!

Last Agent to Sell the Property

Steve Lohoff

Town & Country Realty - Downtown License #280060 Listed on: 03/06/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,207

Year Built

  • Built in 1998

Lot Details

  • 1.4 Acre Lot
  • Lake Front
  • Landscaped
  • Level Lot
  • Property is in good condition

Parking

  • 5 Car Garage
  • Circular Driveway
  • RV Access or Parking

Home Design

  • Shingle Roof
  • Vinyl Siding
  • Stone Veneer

Interior Spaces

  • 1-Story Property
  • Home Office
  • Recreation Room with Fireplace
  • Heated Sun or Florida Room
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Finished Basement

  • Walk-Out Basement
  • Fireplace in Basement

Outdoor Features

  • Boathouse
  • Docks
  • Deck
  • Shed
  • Outbuilding

Schools

  • Mary Hughes Elementary School
  • East Middle School
  • Sullivan East High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 109D A 006

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,207

Year Built

Built in 1998

Lot Details

0

Parking

5

Listing Details

  • Directions: From JC take 11E towards Bristol, left on Allison Rd in Piney Flats, go approx. 2 miles, right on Warren Rd, straight at Stop sign, Left on Set Pt, house on right
  • Prop. Type: Residential
  • Year Built: 1998
  • Garage Garage Spaces: 5
  • Property Sub Type: Single Family Residence
  • Reso Association Amenities: Landscaping
  • Co List Office Mls Id: 458
  • Co List Office Phone: 423-245-8212
  • Architectural Style: Ranch
  • 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: 1.4
  • General Property Description Zoning2: Res
  • General Property Description Elementary School3: Mary Hughes
  • General Property Description Middle School2: East Middle
  • General Property Description High School3: Sullivan East
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • General Property Description Lot Dimensions: see acreage
  • General Property Description Home Warranty: Yes
  • General Property Description Total SqFt Finished: 3708.0
  • General Property Description Above Grade SqFt: 1854.0
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 109D A 006
  • General Property Description # Fireplaces: 1
  • Style Ranch: Yes
  • Roof Shingle: Yes
  • AC Heat Pump3: Yes
  • General Property Description Stories2: 1
  • Other Structures Outbuilding: Yes
  • Other Structures Shed(s): Yes
  • TopographyLot Description Rolling Slope: Yes
  • Flooring Carpet: Yes
  • Utilities Cable Connected: Yes
  • Fireplace Basement3: Yes
  • Fireplace Recreation Room2: Yes
  • Other Structures Storage2: Yes
  • Other Rooms In Law Suite: Yes
  • Other Rooms Recreation Room: Yes
  • Levels One: Yes
  • Rooms:Office2: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator
  • Has Basement: Finished, Walk-Out Access
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Primary Downstairs, Eat-in Kitchen, Security System, Solid Surface Counters, Whirlpool
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1854.0
  • Fireplace Features: Basement, Recreation Room
  • Fireplaces: 1
  • Total Bedrooms: 10
  • General Property Description Baths - Full: 3
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Solid Surface Counters: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Basement:Walk-Out Access: Yes
  • Basement:Basement Finished2: Yes
  • Other Rooms:Sun Room - Heated: Yes
  • Interior Features Security System2: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Whirlpool: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Shingle
  • Other Structures: Outbuilding, Shed(s), Storage
  • Waterfront Features: Lake Front
  • Exterior Features: Boathouse, Dock
  • Acres: 1.4
  • Topography: Level, Rolling Slope
  • Waterfront: Yes
  • Home Warranty: Yes
  • Construction Type: Stone Veneer, Vinyl Siding
  • Patio And Porch Features: Deck
  • Exterior Finish Vinyl Siding: Yes
  • PorchPatioDeck Deck: Yes
  • Exterior Finish Stone Veneer: Yes
  • Exterior Features:Dock: Yes
  • Waterfront Features:Lake Front: Yes
  • Exterior Features Boathouse: Yes

Garage/Parking

  • Parking Features: Asphalt, Attached, Circular Driveway, Concrete, Detached, RV Parking
  • Sq Ft DetailsGarageTotalSq Ft: 1160
  • Attached Garage: Yes
  • Garage Spaces: 5.0
  • Parking Features:RV Parking: Yes
  • Parking Features:Asphalt2: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Concrete2: Yes
  • Parking Features:Circular Driveway: Yes
  • Parking Features:Detached: Yes

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Tank
  • Utilities: Cable Connected
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • AmenitiesLandscaping: Yes

Schools

  • Elementary School: Mary Hughes
  • High School: Sullivan East
  • Middle Or Junior School: East Middle

Lot Info

  • Zoning: Res
  • Lot Dimensions: see acreage
  • Lot Size Sq Ft: 60984.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 109D A 006
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2014
Closed on
Mar 25, 2015
Sold by
Mckaig Stephen
Bought by
Scherzberg Michael K and Scherzberg Rosemarie K
Seller's Agent
Steve Lohoff
Town & Country Realty - Downtown
List Price
$485,000
Sold Price
$427,000
Premium/Discount to List
-$58,000
-11.96%
Current Estimated Value
$676,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,984
Avg. Annual Appreciation
4.53%
Original Mortgage
$340,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 1997
Source: Public Records

Range of Values:

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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
Scherzberg Michael K $427,000 --
-- $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scherzberg Michael K $296,500
Closed Scherzberg Michael K $340,000
Previous Owner Mckaig Stephen $127,397
Previous Owner Stephen Mckaig $100,000
Previous Owner Stephen Mckaig $150,200
Previous Owner Mckaig Stephen J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2015 03/27/15 Sold $427,000 -12.0% $115 / Sq Ft
01/27/2015 01/27/15 Pending -- -- --
03/06/2014 03/06/14 For Sale $485,000 -- $131 / 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 $2,207 $88,425 $24,900 $63,525
2023 $2,128 $88,425 $24,900 $63,525
2022 $2,128 $88,425 $24,900 $63,525
2021 $2,128 $88,425 $24,900 $63,525
2020 $2,188 $88,425 $24,900 $63,525
2019 $2,188 $85,150 $24,900 $60,250
2018 $2,171 $85,150 $24,900 $60,250
2017 $2,171 $85,150 $24,900 $60,250
2016 $2,065 $80,200 $24,875 $55,325
2014 $1,848 $80,176 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 344845

Tennessee/Virginia Regional MLS

APN: 109D-A-006.00