NOT LISTED FOR SALE

462 Old Lake City Hwy Lake City, TN 37769

Estimated Value: $150,198 - $210,000

2 Beds
1 Bath
864 Sq Ft
$194/Sq Ft Est. Value

Last Sold February 19, 2016

Last sale price $50,000 $58 Per Sq Ft

Est. 236% increase in value since last sale

Current estimated payment $950/month

31 Days on Market

Highlights

  • 3.5 Acre Lot
  • Wooded Lot
  • Home Office
  • Mountain View
  • Traditional Architecture
  • Covered Patio or Porch

About This Home

As of February 2016

This 2 bedroom, 1 bathroom cottage sits on 3.5 acres nestled in the hills of Rocky Top. Features a large living room with fireplace. Additional room off the kitchen can be used as a formal dining room, family room or office. Property would be perfect for a rental or family residence. Needs some attention.

Last Agent to Sell the Property

Blythe Sanders

Stephenson Realty & Auction License #308776 Listed on: 09/03/2015

Co-Listed By

Missy Sanders

Stephenson Realty & Auction License #332615

Last Buyer's Agent

Blythe Sanders

Stephenson Realty & Auction License #308776 Listed on: 09/03/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $423

Year Built

  • Built in 1900

Lot Details

  • 3.5 Acre Lot
  • Wooded Lot

Parking

  • Detached Garage

Property Views

  • Mountain
  • Countryside Views
  • Forest

Home Design

  • Traditional Architecture
  • Cottage
  • Wood Siding

Interior Spaces

  • 864 Sq Ft Home
  • Free Standing Fireplace
  • Living Room
  • Home Office
  • Crawl Space

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 029 018.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$423

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Directions: 25W northbound, turn left onto Old Lake City Hwy. Property will be on your right.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1900
  • Lot Size Acres: 3.5
  • Lot Size: 152,459
  • Co List Office Mls Id: 618
  • Co List Office Phone: 865-457-2327
  • Architectural Style: Cottage, Traditional
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Refrigerator
  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Free Standing
  • Fireplaces: 1
  • Flooring: Carpet, Vinyl

Exterior Features

  • Exterior Features: Porch - Covered
  • View: Mountain View, Country Setting, Wooded
  • Lot Features: Wooded
  • Construction Type: Wood Siding
  • Other Structures: Storage

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached

Utilities

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

Lot Info

  • Lot Size Sq Ft: 152460.0
  • Parcel #: 029 018.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2024
Sold by
Klemann Diane C
Bought by
Rose John A
Current Estimated Value
$167,800

Purchase Details

Listed on
Sep 3, 2015
Closed on
Feb 18, 2016
Sold by
Jordan Donald K
Bought by
Klemann Diane Cheryl and Rose John Andrew
Seller's Agent
Blythe Sanders
Stephenson Realty & Auction
Buyer's Agent
Blythe Sanders
Stephenson Realty & Auction
Sold Price
$50,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.10%
Original Mortgage
$45,000
Interest Rate
3.81%
Mortgage Type
New Conventional
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
Rose John A -- None Listed On Document
Klemann Diane Cheryl $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Klemann Diane Cheryl $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2016 02/19/16 Sold $50,000 -- $58 / 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 $423 $16,075 $7,275 $8,800
2023 $423 $16,075 $0 $0
2022 $423 $16,075 $7,275 $8,800
2021 $423 $16,075 $7,275 $8,800
2020 $393 $16,075 $7,275 $8,800
2019 $407 $14,075 $7,275 $6,800
2018 $393 $14,075 $7,275 $6,800
2017 $393 $14,075 $7,275 $6,800
2016 $393 $14,075 $7,275 $6,800
2015 -- $14,075 $7,275 $6,800
2014 -- $14,075 $7,275 $6,800
2013 -- $13,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 939083

East Tennessee REALTORS® MLS

APN: 029-018.00