NOT LISTED FOR SALE

497 Sycamore Shoals Dr Elizabethton, TN 37643

Estimated Value: $194,000 - $337,000

1 Bed
1 Bath
864 Sq Ft
$289/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $196,900 $228 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,428/month

18 Days on Market

Highlights

  • Creek or Stream View
  • Wood Flooring
  • Covered Patio or Porch
  • Converted Barn or Barndominium
  • No HOA
  • Circular Driveway

About This Home

As of June 2024

Back on the market at no fault of the seller or property. **Priced below current appraisal!**

Custom studio-style cabin perched above and overlooking the majestic Watauga River!

The home's interior is completely clad in natural hardwood, complemented by a stone fireplace and plenty of windows to pour in natural light and views of the mountainous landscape. The main level also features quaint kitchen and spacious master bath. The lower level of the home has 864 square feet with some work, including plumbing and electrical, that has already been done and is well on it's way to being finished if you'd like additional living space.

The exterior features fresh landscaping, a cozy country style covered front porch and close to 200 sqft of elevated decking on the back of the home, perfect for taking in the view and sound of the river and looking out over the mountains.

This property provides the perfect mountain retreat with breathtaking mountain and river views, abundance of native wildlife to observe (deer, silver and red fox, otters, beavers,racoon), outdoor entertainment space and close proximity to shopping, dining and healthcare. The home is also directly in the midst of many outdoor adventure attractions/activities such as fishing, kayaking, hiking, boating, biking/walking trails, The Cherokee National Forest and all that the Tennessee mountains have to offer.


With all it's features and location this home would make a wonderful retirement property, vacation property, or even a short-term rental investment opportunity.

Last Agent to Sell the Property

Dillon Hoyle

Century 21 Legacy License #344242 Listed on: 05/22/2024

Century 21 Legacy

Last Buyer's Agent

Sarah-Anne Silver

Hurd Realty, LLC License #367944

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $847

Year Built

  • Built in 1976

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 178x94x188x83
  • Sloped Lot
  • Property is in good condition
  • Property is zoned Residetntial

Property Views

  • Creek or Stream
  • Mountain

Home Design

  • Converted Barn or Barndominium
  • Cabin
  • Block Foundation
  • Wood Walls
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 864 Sq Ft Home
  • 2-Story Property
  • Stone Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Wood Flooring
  • Electric Range
  • Washer and Electric Dryer Hookup

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • Carport
  • Circular Driveway

Outdoor Features

  • Covered Patio or Porch

Schools

  • Central Elementary School
  • Happy Valley Middle School
  • Happy Valley High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 040 049.04

Home Details

Home Type

Single Family

Est. Annual Taxes

$847

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Directions: From Elizabethton, turn left onto US 19E Scenic. Then turn left onto Watauga Rd. Then left onto Sycamore Shoals Drive
  • Prop. Type: Residential
  • Year Built: 1976
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Not In Subdivision
  • Architectural Style: Barndominium, Cabin
  • Unit Levels: Two
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.28
  • General Property Description Zoning2: Residetntial
  • General Property Description Elementary School3: Central
  • General Property Description Middle School2: Happy Valley
  • General Property Description High School3: Happy Valley
  • General Property Description HOA YN: No
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • General Property Description Lot Dimensions: 178x94x188x83
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 864.0
  • General Property Description Above Grade SqFt: 864.0
  • Appliances Refrigerators: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 040 049.04
  • View Mountain(s): Yes
  • TopographyLot Description Sloped: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Utilities Cable Available: Yes
  • Foundation Block6: Yes
  • View CreekStream: Yes
  • View Water2: Yes
  • Roof Metal3: Yes
  • Walls Wood3: Yes
  • Basement Block4: Yes
  • AC Wall Unit(s): Yes
  • Levels:Two: Yes
  • Style Barndominium: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Has Basement: Block, Full
  • Flooring: Hardwood
  • Window Features: Double Pane Windows
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Living Room, Stone
  • Total Bedrooms: 3
  • General Property Description Baths - Full: 1
  • Fireplace:Living Room: Yes
  • Appliances:Electric Range: Yes
  • Full Basement: Yes
  • Fireplace:Stone2: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Metal
  • View: Water, Mountain(s), Creek/Stream
  • Acres: 0.28
  • Topography: Sloped
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Foundation Details: Block
  • Patio And Porch Features: Back, Covered, Front Porch
  • Exterior Finish Wood Siding: Yes
  • Window Features:Double Pane Windows: Yes
  • PorchPatioDeck Back: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Front Porch: Yes

Garage/Parking

  • Parking Features: Carport, Circular Driveway
  • Attached Garage: No
  • Parking Features:Carport: Yes
  • Parking Features:Circular Driveway: Yes

Utilities

  • Heating: Fireplace(s), Wall Furnace
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Fireplace(s): Yes
  • Sewer Septic Tank: Yes
  • Heating:Wall Furnace: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Central
  • High School: Happy Valley
  • Middle Or Junior School: Happy Valley

Lot Info

  • Zoning: Residetntial
  • Lot Dimensions: 178x94x188x83
  • Lot Size Sq Ft: 12196.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 040 049.04
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 499

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2024
Closed on
Jun 28, 2024
Sold by
Scalf Larry Keith and Scalf Debra Jean
Bought by
Thompson Kori Lyn
Seller's Agent
Dillon Hoyle
Century 21 Legacy
Buyer's Agent
Sarah-Anne Silver
Hurd Realty, LLC
List Price
$217,000
Sold Price
$196,900
Premium/Discount to List
-$20,100
-9.26%
Views
20
Current Estimated Value
$249,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,696
Avg. Annual Appreciation
7.82%
Original Mortgage
$164,815
Outstanding Balance
$163,575
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$51,618

Purchase Details

Closed on
Aug 24, 2022
Sold by
Sister Sister Llc
Bought by
Scalf Larry Keith

Purchase Details

Closed on
Apr 17, 2020
Sold by
Hollifield Monica and Hollifield Christopher
Bought by
Oaks Daneil R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,838
Interest Rate
3.2%
Mortgage Type
VA
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
Thompson Kori Lyn $193,900 Malcolm Title Llc
Scalf Larry Keith $180,000 None Listed On Document
Oaks Daneil R $120,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Kori Lyn $164,815
Previous Owner Scalf Larry $85,000
Previous Owner Scalf Larry Keith $50,000
Previous Owner Oaks Daneil R $124,838
Previous Owner Hollifield Christopher L $83,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $196,900 +4.8% $228 / Sq Ft
05/23/2024 05/23/24 Price Changed $187,900 -13.4% $217 / Sq Ft
05/22/2024 05/22/24 For Sale $217,000 0.0% $251 / Sq Ft
05/22/2024 05/22/24 Price Changed $217,000 +15.5% $251 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
03/11/2024 03/11/24 Price Changed $187,900 -14.6% $217 / Sq Ft
02/28/2024 02/28/24 For Sale $219,900 -- $255 / Sq Ft
Source: Tennessee/Virginia Regional 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 $847 $38,875 $2,725 $36,150
2023 $847 $38,875 $0 $0
2022 $785 $38,650 $2,500 $36,150
2021 $785 $38,650 $2,500 $36,150
2020 $806 $38,650 $2,500 $36,150
2019 $217 $8,800 $1,950 $6,850
2018 $217 $8,800 $1,950 $6,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9962513

Tennessee/Virginia Regional MLS

APN: 010040 04904