NOT LISTED FOR SALE

490 Bank St Tellico Plains, TN 37385

Estimated Value: $178,000 - $222,000

3 Beds
1 Bath
1,319 Sq Ft
$152/Sq Ft Est. Value

Last Sold August 27, 2020

Last sale price $115,225 $87 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,136/month

2 Days on Market

Highlights

  • Traditional Architecture
  • Zoned Heating and Cooling System
  • Carpet
  • Covered patio or porch

About This Home

As of August 2020

Convenient location inside Tellico Plains city limits. This three bed two bath house is only minutes from the Tellico River and Mountains. This house would make a perfect starter or forever home!

Last Agent to Sell the Property

Will Raby

East Tennessee Properties, LLC License #341568 Listed on: 06/09/2020

Last Buyer's Agent

James Lee

Norman Lee Real Estate License #014349

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $614

Year Built

  • Built in 1978

Lot Details

  • 0.5

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,319 Sq Ft Home
  • Aluminum Window Frames
  • Crawl Space

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Covered patio or porch
  • Chain Link Fence
  • Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 135 067.04

Home Details

Home Type

Single Family

Est. Annual Taxes

$614

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Directions: Head south on Highway 68 to Tellico Plains. Take a left onto Bank Street and go around 0.2 of a mile house is on the left. SOP
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1978
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Refrigerator
  • Has Basement: Crawl Space
  • Fireplace: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Flooring: Carpet, Vinyl

Exterior Features

  • Exterior Features: Windows - Aluminum, Porch - Covered, Fence - Chain
  • Construction Type: Other, Brick

Utilities

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

Lot Info

  • Parcel #: 135 067.04

Tax Info

  • Tax Annual Amount: 90.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2015
Sold by
Martin Joshua Wesley
Bought by
Martin Donna Marie
Current Estimated Value
$198,334

Purchase Details

Listed on
Mar 1, 2012
Closed on
Jul 9, 2012
Sold by
Moses Jeff
Bought by
Martin Joshua Wesley and Martin Donna Marie
Seller's Agent
April Coleman
Athens Realty
Buyer's Agent
SHIRLEY CLEVENGER
WEICHERT, REALTORS - TIGER REAL ESTATE
Sold Price
$77,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.51%
Original Mortgage
$76,095
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 26, 2011
Sold by
Homesales Inc
Bought by
Moses Jeff and Moses Linda

Purchase Details

Closed on
Nov 9, 2009
Sold by
Kirkland Teddy G
Bought by
Homesales Inc

Purchase Details

Closed on
Feb 3, 2005
Sold by
Underwood Mildred Virginia
Bought by
Kirkland Teddy G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,189
Interest Rate
5.72%

Purchase Details

Closed on
Jun 19, 1997
Sold by
Miller Emery
Bought by
Underwood Mildred

Purchase Details

Closed on
Sep 5, 1978
Bought by
Miller Emery and Miller Lela
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
Martin Donna Marie -- --
Martin Joshua Wesley $77,500 --
Moses Jeff $19,500 --
Homesales Inc $78,673 --
Kirkland Teddy G $62,525 --
Underwood Mildred $40,000 --
Miller Emery -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carroll Kenneth $113,137
Closed Miller Emery $73,994
Previous Owner Martin Joshua Wesley $76,095
Previous Owner Miller Emery $63,189
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2020 08/27/20 Sold $115,225 +48.7% $87 / Sq Ft
07/09/2012 07/09/12 Sold $77,500 -- $59 / 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 $614 $33,450 $3,050 $30,400
2023 $614 $33,450 $3,050 $30,400
2022 $545 $20,325 $2,275 $18,050
2021 $551 $20,525 $2,275 $18,250
2020 $551 $20,525 $2,275 $18,250
2019 $497 $20,525 $2,275 $18,250
2018 $497 $20,525 $2,275 $18,250
2017 $515 $20,100 $2,250 $17,850
2016 $515 $20,100 $2,250 $17,850
2015 $515 $20,100 $2,250 $17,850
2014 $515 $20,106 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2020

    Will Raby

    East Tennessee Properties, LLC

    (423) 295-4336

    78 Total Sales

    Section Image
  • James Lee

    Buyer's Agent in 2020

    James Lee

    Norman Lee Real Estate

    (423) 519-0700

    156 Total Sales

    Section Image

  • K

    Buyer's Agent in 2020

    KIM FANNIN

    Haynes & Assoc REALTORS, LLC

  • A

    Seller's Agent in 2012

    April Coleman

    Athens Realty

  • S

    Buyer's Agent in 2012

    SHIRLEY CLEVENGER

    WEICHERT, REALTORS - TIGER REAL ESTATE

    (865) 680-4629

    74 Total Sales

    Section Image

  • J

    Buyer's Agent in 2012

    Jim Edmonds

    Century 21 Howe Realty & Auction

See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1119602

East Tennessee REALTORS® MLS

APN: 135-067.04

Tennessee Monroe County Tellico Plains 37385

490 Bank St, Tellico Plains, TN

This home is located at 490 Bank St, Tellico Plains, TN 37385 since 09 June 2020 and is currently estimated at $200,155, approximately $151 per square foot. This property was built in 1978. 490 Bank St is a home located in Monroe County with nearby schools including Tellico Plains Elementary School, Tellico Plains Junior High 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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