NOT LISTED FOR SALE

489 Cumberland Estates Rd Cumberland Gap, TN 37724

Estimated Value: $226,000 - $263,887

2 Beds
2 Baths
1,344 Sq Ft
$178/Sq Ft Est. Value

Last Sold April 25, 2024

Last sale price $191,900 $143 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,379/month

71 Days on Market

Highlights

  • 1.1 Acre Lot
  • Deck
  • Main Floor Primary Bedroom
  • Mountain View
  • Wood Flooring
  • No HOA

About This Home

As of April 2024

PEACEFUL MOUNTAIN VIEW HOME!
This 2 bedroom one bath home is a great opportunity for your forever home or a rental property with opportunities to expand. There are hardwood floors throughout the home. This home is being sold AS IS but should be a move-in ready home with some TLC. There is a large front covered porch, great for a swing in the evenings to enjoy the mountain view. There is a full unfinished basement with a double garage door and plenty of room for storage or finish to increase the living square footage. This home rests on a one-acre lot with limited restrictions. This home won't last long, schedule an appointment today!

Last Agent to Sell the Property

Sheila Durham

Coldwell Banker Bisceglia Real License #343052 Listed on: 01/20/2024

Coldwell Banker Bisceglia Real

Co-Listed By

Kevin Bisceglia

Coldwell Banker Bisceglia Real License #022620

Last Buyer's Agent

John Seymour

eXp Realty, LLC License #361571

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $921

Year Built

  • Built in 1995

Lot Details

  • 1.1 Acre Lot
  • Lot Dimensions are 250x200
  • Level Lot

Parking

  • Off-Street Parking

Property Views

  • Mountain Views
  • Countryside Views

Home Design

  • Cabin
  • Block Foundation
  • Cedar Siding
  • Cedar

Interior Spaces

  • 1,344 Sq Ft Home
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Unfinished Basement
  • Walk-Out Basement
  • Range
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Storage
  • Storage Shed

Schools

  • H Y Livesay Middle School
  • Cumberland Gap High School

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Cumberland Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 028 092.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$921

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Directions: Starting in Harrogate turn onto Hwy 63 and turn onto Arhtur Road and stay on road until you get to Cumberland Estates. Turn on to Cumberland Estates road and travel up the hill to the fork and bear to the right. Stay onto Cumberland Estates Road, property is on the left. Sign will be on the property.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1995
  • Lot Size Acres: 1.1
  • Lot Size: 250X200
  • Co List Office Mls Id: 1491
  • Co List Office Phone: 606-248-4932
  • Subdivision Name: Cumberland Estates
  • Architectural Style: Cabin
  • Property Attached Yn: No
  • View:Mountain View: Yes
  • General Property Description:Lot Size SqFt: 47916.0
  • General Property Description:Fireplace: No
  • General Property Description:SqFt - Main Lvl: 1344.0
  • General Property Description:SqFt - Down Lvl: 1344.0
  • General Property Description:HOA: No
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: No
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Water:Public: Yes
  • Outbuildings:Storage Shed: Yes
  • Dining Area:KitchenDining Rm Co: Yes
  • Siding:Cedar: Yes
  • Basement Walkout: Yes
  • Heat:Heat Pump3: Yes
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator
  • Has Basement: Unfinished, Walkout
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Flooring: Hardwood
  • Appliances Range: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Fireplace:None15: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Exterior Features: Porch - Covered, Deck
  • View: Mountain View, Country Setting
  • Lot Features: Level
  • Construction Type: Cedar, Block
  • Other Structures: Storage
  • Exterior Features:Deck: Yes
  • Exterior Features:Porch - Covered: Yes
  • Construction:Block2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off-Street Parking
  • GarageParking:Off-Street Parking: Yes

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump, Electric
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • High School: Cumberland Gap
  • Middle Or Junior School: H Y Livesay

Lot Info

  • Lot Size Sq Ft: 47916.0
  • Parcel #: 028 092.01
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2024
Closed on
Apr 25, 2024
Sold by
Finance Of America Reverse Llc
Bought by
Gavin Michele M and Burgener Richard P
Seller's Agent
Sheila Durham
Coldwell Banker Bisceglia Real
Buyer's Agent
John Seymour
eXp Realty, LLC
List Price
$229,000
Sold Price
$191,900
Premium/Discount to List
-$37,100
-16.2%
Views
199
Current Estimated Value
$239,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,572
Avg. Annual Appreciation
11.92%

Purchase Details

Closed on
Dec 8, 2023
Sold by
Clear Recon Llc
Bought by
Finance Of America Reverse Llc

Purchase Details

Closed on
Sep 8, 2022
Sold by
Ely and David
Bought by
Ely Dorothy V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
5.71%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 29, 1995
Bought by
Smith C M

Purchase Details

Closed on
Jul 12, 1995
Bought by
Ely David and Ely Virinia

Purchase Details

Closed on
May 5, 1994
Bought by
Lambdin Clarence

Purchase Details

Closed on
Jan 1, 1972
Bought by
Greene John and Clarence Lambdin
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
Gavin Michele M $191,900 Concord Title
Finance Of America Reverse Llc $262,500 None Listed On Document
Ely Dorothy V -- Fnc Title
Smith C M $13,600 --
Ely David $13,600 --
Lambdin Clarence $3,900 --
Greene John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ely Dorothy V $262,500
Previous Owner Ely Dorothy V $262,500
Previous Owner Ely Dorothy V $195,000
Previous Owner Ely Virginia $20,000
Previous Owner Ely Ren D $35,000
Previous Owner David Ely $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2024 04/25/24 Sold $191,900 -3.9% $143 / Sq Ft
04/01/2024 04/01/24 Pending -- -- --
03/22/2024 03/22/24 Price Changed $199,700 -8.2% $149 / Sq Ft
02/24/2024 02/24/24 Price Changed $217,550 -5.0% $162 / Sq Ft
01/20/2024 01/20/24 For Sale $229,000 -- $170 / 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 $921 $39,375 $4,050 $35,325
2023 $921 $39,375 $4,050 $35,325
2022 $788 $39,375 $4,050 $35,325
2021 $769 $29,850 $4,050 $25,800
2020 $769 $29,850 $4,050 $25,800
2019 $769 $29,850 $4,050 $25,800
2018 $769 $29,850 $4,050 $25,800
2017 $769 $29,850 $4,050 $25,800
2016 $790 $30,625 $4,050 $26,575
2015 $760 $30,625 $4,050 $26,575
2014 $760 $30,631 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Sheila Durham

    Coldwell Banker Bisceglia Real

    (606) 499-9029

    19 in this area

    106 Total Sales

    Sheila Durham
    Section Image
  • Kevin Bisceglia

    Seller Co-Listing Agent in 2024

    Kevin Bisceglia

    Coldwell Banker Bisceglia Real

    (606) 269-7970

    24 in this area

    247 Total Sales

    Kevin Bisceglia
    Section Image

  • J

    Buyer's Agent in 2024

    John Seymour

    eXp Realty, LLC

    (865) 201-8637

    1 in this area

    15 Total Sales

    John Seymour
    Section Image
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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1250464

East Tennessee REALTORS® MLS

APN: 028-092.01

Tennessee Claiborne County Cumberland Gap 37724

489 Cumberland Estates Rd, Cumberland Gap, TN

This home is located at 489 Cumberland Estates Rd, Cumberland Gap, TN 37724 since 20 January 2024 and is currently estimated at $239,472, approximately $178 per square foot. This property was built in 1995. 489 Cumberland Estates Rd is a home located in Claiborne County with nearby schools including Tri-State Christian Academy, New Beginning Christian Academy, and J. Frank White Academy.

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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