NOT LISTED FOR SALE

476 Old Furnace Rd Tellico Plains, TN 37385

Estimated Value: $265,000 - $401,000

3 Beds
2 Baths
1,300 Sq Ft
$253/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $246,000 $189 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,026/month

18 Days on Market

Highlights

  • View of Trees or Woods
  • Wood Burning Stove
  • Traditional Architecture
  • Deck
  • Wooded Lot
  • Wood Flooring

About This Home

As of September 2021

This charmer is a perfect choice, whether you are looking for a permanent residence or a nice, peaceful getaway in the mountains of Tellico Plains. The three-bedroom, two bath home sits on a partially cleared five-acre tract with plenty of yard for gardening or entertaining as you sit outside and enjoy the wood burning fireplace on the front porch. The sellers have remodeled the home with kitchen updates including tops, and appliances, and new lighting throughout. One bath was remodeled, and a new bath and utility room was added for additional square footage. The existing hardwood was refinished, new carpet, and luxury vinyl plank was installed. A new woodstove and added loft were just the right touch for the great room. Two water heaters serve the house and the washer/dryer remain. Old Furnace Road extends from Coker Creek through Forest Service land, down to the Tellico River. Outdoor recreational activities are plentiful in the area. Attractions such as Bald River Falls, the Cherohala Skyway, the Cherokee National Forest, and the Tellico River are within minutes of the property. The area provides a great place for fly fishing, hunting, hiking trails and places to raft or kayak. Professional photos will be uploaded in the next few days.

Last Agent to Sell the Property

Kimberly Passmore

Century 21 Legacy License #316508 Listed on: 08/23/2021

Century 21 Legacy

Last Buyer's Agent

Richard Horine

East Tennessee Properties, LLC License #346942

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $641

Year Built

  • Built in 1985

Lot Details

  • 5 Acre Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Parking

  • Carport

Property Views

  • Woods
  • Countryside Views
  • Forest

Home Design

  • Traditional Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,300 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Stove
  • Brick Fireplace
  • Storage Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Coker Creek Elementary School
  • Tellico Plains High School

Utilities

  • Zoned Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 177 090.02 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$641

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Directions: From Intersection of Hwy 68 and 165 in Tellico Plains, go south on 68, left on Old Furnace Road Road. House is on the right.
  • Property Sub Type: Single Family Residence
  • Prop. Type: Single Family
  • Year Built: 1985
  • Lot Size Acres: 5.0
  • Lot Size: 5
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Owner
  • Lot Description:Rolling Slope: Yes
  • Lot Description:Wooded: Yes
  • View:Wooded2: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 1300.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: No
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: No
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Siding:Vinyl2: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Hardwood: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Dining Area:Eat-in Kitchen: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Location Tax Legal Info:Property Sub-Type: Residential
  • Special Features: None

Interior Features

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Basement YN: No
  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Brick, Wood Burning Stove
  • Fireplaces: 1
  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Eat-in Kitchen
  • Basement:Crawl Space: Yes
  • Appliances Range: Yes
  • Other Rooms:Extra Storage3: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Split Bedroom: Yes
  • Fireplace:Brick3: Yes
  • Fireplace:Wood Burning Stove: Yes

Exterior Features

  • View: Country Setting, Wooded
  • Lot Features: Wooded, Rolling Slope
  • Construction Type: Vinyl Siding, Frame
  • Patio And Porch Features: Deck
  • Construction:Frame: Yes
  • Exterior Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport
  • GarageParking:Carport: Yes

Utilities

  • Cooling: Central Cooling, Ceiling Fan(s)
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Water Source: Well
  • Sewer Septic Tank: Yes
  • Water Well: Yes

Schools

  • Elementary School: Coker Creek
  • High School: Tellico Plains

Lot Info

  • Lot Size Sq Ft: 217800.0
  • Parcel #: 177 090.02 000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 640.53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2021
Closed on
Sep 30, 2021
Sold by
Boggess Adam and Boggess Hannah
Bought by
Hyde Royal W
Seller's Agent
Kimberly Passmore
Century 21 Legacy
Buyer's Agent
Richard Horine
East Tennessee Properties, LLC
Sold Price
$246,000
Current Estimated Value
$352,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,478
Avg. Annual Appreciation
7.72%

Purchase Details

Closed on
Jan 23, 2020
Sold by
Capstar Bank
Bought by
Boggess Adam and Boggess Hannah

Purchase Details

Closed on
Dec 6, 2019
Sold by
Prescott Stephanie K and Tallent Jonathan A
Bought by
Capstar Bank

Purchase Details

Closed on
Nov 6, 2018
Sold by
Willhite Bridget J
Bought by
Tallent Jonathan and Prescott Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Aug 19, 2013
Closed on
Apr 23, 2014
Sold by
Pedro Carol A
Bought by
Smith Terry R
Seller's Agent
Glenn Moser
Century 21 Hendershot Realty
Buyer's Agent
David Fankhauser
Skyway Realty Land & Homes
Sold Price
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.94%
Original Mortgage
$75,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 1988
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
Hyde Royal W $246,000 Skyway Title Services
Boggess Adam $66,300 Valley Title Services Llc
Capstar Bank $50,000 None Available
Tallent Jonathan $76,070 None Available
Smith Terry R $75,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tallent Jonathan $80,000
Previous Owner Smith Terry R $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $246,000 +228.0% $189 / Sq Ft
04/25/2014 04/25/14 Sold $75,000 -- $76 / 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 $1,168 $76,675 $20,700 $55,975
2023 $1,168 $76,675 $20,700 $55,975
2022 $926 $41,325 $14,100 $27,225
2021 $641 $28,600 $14,100 $14,500
2020 $641 $28,600 $14,100 $14,500
2019 $566 $28,600 $14,100 $14,500
2018 $566 $28,600 $14,100 $14,500
2017 $549 $26,200 $14,100 $12,100
2016 $543 $25,925 $14,100 $11,825
2015 $543 $25,925 $14,100 $11,825
2014 $543 $25,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1162247

East Tennessee REALTORS® MLS

APN: 177-090.02