NOT LISTED FOR SALE

459 Merritt Rd Washburn, TN 37888

Estimated Value: $496,000 - $1,007,632

65.17 Acres
$11,536 Price per Acre
2,838,805 Sq Ft Lot

Last Sold October 12, 2018

Last sale price $160,000

Est. 370% increase in value since last sale

Current estimated payment $4,369/month

794 Days on Market

Highlights

  • 65.17 Acre Lot
  • Wooded Lot
  • Lot Has A Rolling Slope
  • Creek On Lot

About This Lot

As of October 2018

REDUCED! MOTIVATED SELLER MUST LEAVE AREA! UNBELIEVABLE VIEWS ABOUND ON THIS VERY PRIVATE PROPERTY...1/3 OF THE 65+ ACRES IS CLEARED AND THE OTHER 2/3 IS WOODED AND ABUTS CREEK...LOGGING ROAD THROUGH WOODED AREA...MORE CAN STILL BE CLEARED. SELLER HAS SPENT ABOUT $100,000 IN DEVELOPING AND TESTING. REPORT IS IN THE FILE AND AVAILABLE FOR REVIEW. MERRITT ROAD RECENTLY PAVED AND ENTRANCE TO THE PROPERTY IS BEAUTIFUL. THIS BEAUTIFUL RURAL RETREAT IN THE HILLS OF EASTERN TN IS LOCATED 27 MILES NORTHEAST OF DOWNTOWN KNOXVILLE IN THE NORTHWEST PORTION OF GRAINGER COUNTY. A COUNTRY STYLE DOUBLE GATE OPENS TO 700 FT OF GRAVEL DRIVEWAY WHICH EXTENDS TO THE FIRST OF THREE MAIN LEVELS OF THE SITE. EVEN AT THIS FIRST LEVEL, THE GRACEFUL, ROLLING TOPOGRAPHY OF THE SITE BECOMES APPARENT. THE THIRD MAIL LEVEL IS NEAR THE TOP OF THE 22 ACRE
OF PASTURE LAND. A STEEP BANK HAS BEEN CUT TO PROVIDE A DRIVEWAY WHICH CURVES AROUND A RAISED HOUSE SITE AND BROADENS OUT TO PROVIDE A TURN AROUND AREA FOR VERY LARGE VEHICLES. THE HOUSE SITE PROVIDES A MAGNIFICENT VIEW OF THE CLINCH MOUNTAINS. THE SOUTH-SOUTHEAST ORIENTATION OF THE HOUSE SITE IS CONDUCIVE FOR DESIGN OF A HOUSE USING PASSIVE SOLAR HEATING AND COOLING.THE PASTURE LAND IS COMPLEMENTED WITH SIX ACRES OF CEDAR/PINE FOREST AND 37 ACRES OF HARDWOOD FOREST. ** A GEO-TECHNICAL ENGINEER SHOULD BE CONSULTED AS TO COMPACTION TESTING FOR HOUSE SITE.**

Last Agent to Sell the Property

Nancy Sica

Landmark Properties of East Te License #232600 Listed on: 07/27/2016

Last Buyer's Agent

Kay McIntire

Wallace

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,370

Lot Details

  • 65.17 Acre Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Finished Lot(s)

Outdoor Features

  • Creek On Lot

Listing and Financial Details

  • Assessor Parcel Number 056 045.01

Property Details

Property Type

Land

Est. Annual Taxes

$3,370

Lot Details

0

Listing Details

  • Directions: STATE HWY 131 ONTO MERRITT ROAD, 4/10 MILE TO FIRST DRIVEWAY ON (L)
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 65.17
  • Lot Size: 00000000
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Creek, Rolling, Wooded
  • Topography: {"Partially Cleared":true,"Graded":true}

Condo/Co-op/Association

  • Association Fee Frequency: Yearly

Lot Info

  • Lot Size Sq Ft: 2838794.0
  • Parcel #: 056 045.01
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2016
Closed on
Oct 12, 2018
Sold by
Claire Claire Patti L Patti L
Bought by
Barrett William Joseph and Boone Lee Roxanne
Seller's Agent
Nancy Sica
Landmark Properties of East Te
Buyer's Agent
Kay McIntire
Wallace
Sold Price
$160,000
Current Estimated Value
$751,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$591,816
Avg. Annual Appreciation
24.04%

Purchase Details

Closed on
Apr 14, 2010
Sold by
Dyon Janet
Bought by
Claire Ranald B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2004
Bought by
Dyon Thomas E and Dyon Janet
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
Barrett William Joseph $160,000 Tennessee Valley Title Ins
Claire Ranald B $220,000 --
Dyon Thomas E $117,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boone Lee Roxanne $455,639
Previous Owner Claire Ranald B $101,168
Previous Owner Dyon Thomas E $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2018 10/12/18 Sold $160,000 -- --
Source: East Tennessee REALTORS® 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 $3,370 $143,400 $17,625 $125,775
2023 $3,370 $143,400 $17,625 $125,775
2022 $3,293 $143,400 $17,625 $125,775
2021 $3,293 $143,400 $17,625 $125,775
2020 $385 $143,400 $17,625 $125,775
2019 $385 $14,825 $13,750 $1,075
2018 $333 $13,750 $13,750 $0
2017 $333 $13,750 $13,750 $0
2016 $333 $13,750 $13,750 $0
2015 $279 $13,750 $13,750 $0
2014 $279 $11,147 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nancy Sica

    Seller's Agent in 2018

    Nancy Sica

    Landmark Properties of East Te

    (865) 602-2200

    36 Total Sales

    Nancy Sica
    Section Image

  • K

    Buyer's Agent in 2018

    Kay McIntire

    Wallace

  • C

    Buyer's Agent in 2018

    Carly Hahn

    Coldwell Banker Hamilton

See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 973240

East Tennessee REALTORS® MLS

APN: 056-045.01

Tennessee Grainger County Washburn 37888

459 Merritt Rd, Washburn, TN

This home is located at 459 Merritt Rd, Washburn, TN 37888 since 27 July 2016 and is currently estimated at $751,816. 459 Merritt Rd is a home located in Grainger County with nearby schools including Washburn School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

East Tennessee REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.

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