NOT LISTED FOR SALE

462 Old Furnace Rd Tellico Plains, TN 37385

Estimated Value: $739,000 - $940,000

7 Beds
5.5 Baths
4,154 Sq Ft
$210/Sq Ft Est. Value

Last Sold May 11, 2021

Last sale price $660,000 $159 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,991/month

197 Days on Market

Highlights

  • In Ground Pool
  • Contemporary Architecture
  • Wood Flooring
  • Mountain View
  • Private Lot
  • 3 Fireplaces

About This Home

As of May 2021

National Forest Boundary!
This exquisite estate exudes quality throughout. If you are looking for the WOW factor wait no more! This home features a custom kitchen with granite counter tops, triple sink, pantry, top quality appliances including a double Jennair stove, as well as 3 washers and dryers. 7 bedrooms, 5 1/2 baths with an indoor pool, game room, fiber optic internet and SOLAR power! Spray foam insulation in the ceilings. Outside there are concrete porches and patios. Approximately 1,000 square feet of covered concrete porch and approximately 500 square feet of open concrete decking where you can entertain or just relax and enjoy mountain views galore! plenty of privacy. e2 car attached garage, as well as a large 20 X 48 garage that is spray foamed and big enough for an RV Outside lighting welcomes your family and guests to your home.
3 fireplaces and a huge custom pantry!!

Last Agent to Sell the Property

Corrina Ashe

Tellico Mountain Realty, LLC License #282253 Listed on: 09/14/2020

Last Buyer's Agent

JON WOODS

WOODS REAL ESTATE License #273400

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,934

Year Built

  • Built in 1997

Lot Details

  • 7 Acre Lot
  • Private Lot

Home Design

  • Contemporary Architecture
  • Stucco Exterior

Interior Spaces

  • 4,154 Sq Ft Home
  • 3 Fireplaces
  • Ventless Fireplace
  • Electric Fireplace
  • Insulated Windows
  • Bay Window
  • Mountain Views
  • Finished Basement
  • Walk-Out Basement
  • Intercom

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • Parking Available

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Outdoor Storage

Utilities

  • Zoned Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 177 090.18

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,934

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Directions: From Tellico Plains at Hardees in Tellico Plains go hwy 68 south 7 1/2 miles to left on Jim Davis rd then right on Old Furnace property on right SOP.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1997
  • Lot Size Acres: 7.0
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Other, Dishwasher, Dryer, Tankless Wtr Htr, Refrigerator, Microwave, Intercom, Washer
  • Has Basement: Finished, Walkout
  • Fireplace: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplace Features: Other, Electric, Ventless
  • Fireplaces: 3
  • Flooring: Hardwood, Tile
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Windows - Bay, Windows - Insulated, Pool - Swim (Ingrnd), Porch - Covered
  • View: Mountain View
  • Lot Features: Private
  • Construction Type: Stucco
  • Other Structures: Storage, Workshop

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached, Main Level

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 304919.0
  • Parcel #: 177 090.18
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2020
Closed on
May 13, 2021
Sold by
Miller Kenneth C
Bought by
Miller Kenneth C and Miller Jennifer M
Seller's Agent
Corrina Ashe
Tellico Mountain Realty, LLC
Buyer's Agent
JON WOODS
WOODS REAL ESTATE
Sold Price
$660,000
Current Estimated Value
$872,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,793
Avg. Annual Appreciation
6.71%
Original Mortgage
$528,000
Outstanding Balance
$480,529
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$392,264

Purchase Details

Listed on
Sep 14, 2020
Closed on
May 11, 2021
Sold by
Smith George A and Smith Julie
Bought by
Miller Kenneth C
Seller's Agent
Corrina Ashe
Tellico Mountain Realty, LLC
Buyer's Agent
JON WOODS
WOODS REAL ESTATE
Sold Price
$660,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Outstanding Balance
$480,529
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$392,264

Purchase Details

Closed on
Nov 1, 1994
Bought by
Smith George A and Smith Donna L
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
Miller Kenneth C -- None Available
Miller Kenneth C $660,000 None Available
Smith George A $10,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Kenneth C $528,000
Previous Owner Smith George A $297,675
Previous Owner Smith George A $329,700
Previous Owner Smith George A $346,000
Previous Owner Smith George A $26,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2021 05/11/21 Sold $660,000 -- $159 / Sq Ft
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 $2,934 $192,650 $18,825 $173,825
2023 $2,934 $192,650 $18,825 $173,825
2022 $2,698 $120,450 $15,150 $105,300
2021 $2,599 $116,025 $15,150 $100,875
2020 $2,610 $116,525 $15,650 $100,875
2019 $2,307 $116,525 $15,650 $100,875
2018 $2,307 $116,525 $15,650 $100,875
2017 $2,351 $112,250 $15,650 $96,600
2016 $2,144 $102,400 $15,650 $86,750
2015 $2,144 $102,400 $15,650 $86,750
2014 $2,144 $102,398 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Corrina Ashe

    Seller's Agent in 2021

    Corrina Ashe

    Tellico Mountain Realty, LLC

    (423) 261-5480

    178 Total Sales

    Corrina Ashe
    Section Image

  • J

    Buyer's Agent in 2021

    JON WOODS

    WOODS REAL ESTATE

  • S

    Buyer's Agent in 2021

    Susan Reed

    Keller Williams Realty

    Section Image
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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1129697

East Tennessee REALTORS® MLS

APN: 177-090.18

Tennessee Monroe County Tellico Plains 37385

462 Old Furnace Rd, Tellico Plains, TN

This home is located at 462 Old Furnace Rd, Tellico Plains, TN 37385 since 14 September 2020 and is currently estimated at $872,793, approximately $210 per square foot. This property was built in 1997. 462 Old Furnace Rd is a home located in Monroe County with nearby schools including Coker Creek Elementary School and Tellico Plains High 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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