NOT LISTED FOR SALE

47 Otter Falls Rd Sewanee, TN 37375

Estimated Value: $407,754 - $601,000

3 Beds
2.5 Baths
2,188 Sq Ft
$213/Sq Ft Est. Value

Last Sold August 15, 2014

Last sale price $227,500 $104 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $2,699/month

Highlights

  • Deck
  • 1 Fireplace
  • Walk-In Closet
  • Bamboo Flooring
  • Cottage
  • Cooling Available

About This Home

As of August 2014

Cozy, light filled cottage, MBR & bath down, 2 BR's & bath up. Open floor plan with fireplace, kitchen has custom cabinets, silestone counter tops, black appliances. Sunroom across back of house used as dining room & sitting area. Breezeway to garage.

Last Agent to Sell the Property

Sally Thomas

Sewanee Realty License #287913 Listed on: 05/16/2014

Last Buyer's Agent

Bess Jenkins

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $985

Year Built

  • Built in 2007

Lot Details

  • 0.76

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Cottage
  • Asphalt Roof

Interior Spaces

  • 2,188 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • 1 Fireplace
  • ENERGY STAR Qualified Windows
  • Unfinished Basement

Kitchen

  • Ice Maker
  • ENERGY STAR Qualified Appliances
  • Disposal

Flooring

  • Bamboo
  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet

Schools

  • Sewanee Elementary School
  • South Middle School
  • Franklin Co High School

Utilities

  • Cooling Available
  • Two Heating Systems
  • Septic Tank

Additional Features

  • Deck
  • 0.76 Acre Lot

Community Details

  • Midway Subdivision

Listing and Financial Details

  • Assessor Parcel Number 026060 04602 00018060

Home Details

Home Type

Single Family

Est. Annual Taxes

$985

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Cottage
  • Year Built: 2007
  • Exclusions: Drapes
  • Unit Levels: Two
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Interior Amenities: Ceiling Fan(s), Smoke Alarm, Utility Connection, Walk-In Closet(s)
  • Appliances: ENERGY STAR Qualified Appliances, Disposal, Ice Maker
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Bamboo/Cork, Finished Wood, Tile
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Unfinished
  • Above Grade Finished Sq Ft: 2188
  • Building Area Units: Square Feet
  • Living Area: 2188
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: Garage Door Opener
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Asphalt
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating: Dual
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time
  • Senior Community: No

Green Features

  • Efficiency: Windows

Lot Info

  • Lot Size Acres: 0.76
  • Lot Size: 190X265 IRR
  • Lot Size Units: Acres
  • Parcel #: 026060 04602 00018060
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 985

MLS Schools

  • Elementary School: Sewanee Elementary
  • High School: Franklin Co High School
  • Middle Or Junior School: South Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2014
Closed on
Aug 15, 2014
Sold by
Thomas Sally C
Bought by
Palmertree Julie Bean
Seller's Agent
Sally Thomas
Sewanee Realty
Buyer's Agent
Bess Jenkins
List Price
$2,989,000
Sold Price
$227,500
Premium/Discount to List
-$2,761,500
-92.39%
Current Estimated Value
$469,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,511
Avg. Annual Appreciation
7.11%
Original Mortgage
$182,000
Outstanding Balance
$141,627
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$341,808

Purchase Details

Closed on
Sep 25, 2006
Sold by
Mayes Horace E
Bought by
Thomas Sally C

Purchase Details

Closed on
Nov 2, 1998
Sold by
Sutherland Malinda R
Bought by
Mayes Horace E and Mayes Martha

Purchase Details

Closed on
Mar 4, 1998
Sold by
Scott Timothy L
Bought by
Sutherland Malinda R

Purchase Details

Closed on
Jun 16, 1987
Bought by
Scott Timothy L and Scott Edith A

Purchase Details

Closed on
Mar 30, 1984

Purchase Details

Closed on
Apr 20, 1978

Purchase Details

Closed on
Sep 3, 1966
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
Palmertree Julie Bean $227,500 --
Thomas Sally C $8,500 --
Mayes Horace E $6,300 --
Sutherland Malinda R $5,900 --
Scott Timothy L -- --
-- -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bean Julie Ann $70,000
Open Palmertree Julie Bean $182,000
Previous Owner Thomas Sally $73,200
Previous Owner Sally Thomas $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2017 06/22/17 Off Market $227,500 -- --
08/17/2016 08/17/16 For Sale $2,989,000 +1213.8% $1,366 / Sq Ft
08/15/2014 08/15/14 Sold $227,500 -- $104 / Sq Ft
Source: Realtracs

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 $1,303 $65,300 $4,325 $60,975
2023 $1,303 $65,300 $4,325 $60,975
2022 $1,225 $65,300 $4,325 $60,975
2021 $1,238 $65,300 $4,325 $60,975
2020 $1,238 $43,000 $3,525 $39,475
2019 $1,238 $43,000 $3,525 $39,475
2018 $1,183 $44,250 $3,525 $40,725
2017 $1,183 $44,250 $3,525 $40,725
2016 $1,001 $37,450 $3,050 $34,400
2015 $1,001 $37,450 $3,050 $34,400
2014 $1,001 $37,448 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1542565

Realtracs

APN: 060-046.02