NOT LISTED FOR SALE

498 Old State Rd Tellico Plains, TN 37385

Estimated Value: $273,000 - $359,000

3 Beds
2 Baths
1,442 Sq Ft
$216/Sq Ft Est. Value

Last Sold November 05, 2020

Last sale price $250,000 $173 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,779/month

349 Days on Market

Highlights

  • Horses Allowed On Property
  • Private Lot
  • Wooded Lot
  • 68.9 Acre Lot
  • Creek On Lot
  • Ranch Style House

About This Home

As of November 2020

This fixer upper brick ranch is located on 68.9 beautiful acres complete with a creek, about 20 acres of ''bottomland'' for planting, fairly mature wooded 48 acres (approx) that are sloping/rolling, old barn, storage shed. (The hilltop behind the house may have a mountain view if trees are cut down.) House is being sold ''as is''. The outside HVAC unit is missing. The inside needs to be gutted. Offers welcomed.

Last Agent to Sell the Property

Richard Horine

Skyway Realty Land & Homes License #346942 Listed on: 09/05/2019

Last Buyer's Agent

Melissa Wiseman

Tellico Mountain Realty, LLC License #331509

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $829

Year Built

  • Built in 1975

Lot Details

  • 68.9 Acre Lot
  • Private Lot
  • Secluded Lot
  • Level Lot
  • Cleared Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Brick Veneer
  • Shingle Roof

Interior Spaces

  • 1,442 Sq Ft Home
  • Wood Burning Fireplace
  • Unfinished Basement

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Creek On Lot
  • Porch

Schools

  • Tellico Plains Elementary School
  • Tellico Plains Jr High Middle School
  • Tellico Plains High School

Utilities

  • Central Air
  • Heating Available
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Pasture
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 124 095.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$829

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 68.9
  • Lot Size: irreg
  • Subdivision Name: Not Applicable
  • Directions: From Cherohala Skyway in Tellico Plains, go north on Hwy 68 about 4.5 miles, left on Eleazar, right on Old State Rd about .3 miles to SOP on left
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Year Built: 1975
  • General Property Information:Living Area2: 1442.0
  • Special Features: VirtualTour

Interior Features

  • Basement: Unfinished
  • Appliances: Electric Water Heater
  • Interior Amenities: Other
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Laminate, Vinyl
  • Living Area: 1442.0
  • ResoLivingAreaSource: PublicRecords
  • Fireplace Features:Wood Burning: Yes
  • Basement:Unfinished: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Other13: Yes

Exterior Features

  • Roof: Shingle
  • Lot Features: Creek/Stream, Wooded, Secluded, Pasture, Level, Cleared
  • Construction Type: Brick Veneer
  • Patio And Porch Features: Porch
  • Lot Features:Level: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Porch: Yes
  • Lot Features:Rolling Slope: Yes
  • Lot Features:Secluded: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Private: Yes
  • Construction Materials:Brick Veneer: Yes
  • Lot Features:CreekStream2: Yes
  • Lot Features:Pasture2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Gravel
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes

Utilities

  • Heating: Electric
  • Cooling: Central Air, Electric
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Well
  • Heating:Electric3: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Tellico Plains
  • High School: Tellico Plains
  • Middle Or Junior School: Tellico Plains Jr High

Lot Info

  • Current Use: Row Crops, Horses, Livestock, Pasture
  • Lot Size Sq Ft: 3001284.0
  • Parcel #: 124 095.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 828.96
  • Tax Book Number: 218

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2006
Sold by
Whalen Timothy A
Bought by
Fred Gaspar
Current Estimated Value
$311,899

Purchase Details

Closed on
Apr 6, 2000
Sold by
Mynatt Frederick J
Bought by
Timothy Whalen

Purchase Details

Closed on
Dec 30, 1998
Bought by
Mynatt Frederick J and Mynatt Kimberly K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,200
Interest Rate
6.72%

Purchase Details

Closed on
Apr 24, 1990
Bought by
Smith George A and Smith Donna L
Source: Public Records

Range of Values:

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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
Fred Gaspar $150,000 --
Timothy Whalen $120,000 --
Mynatt Frederick J $78,000 --
Smith George A $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Whalen Timothy A $80,000
Previous Owner Frederick Mynatt $18,000
Previous Owner Frederick Mynatt $70,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2020 11/05/20 Sold $250,000 -3.5% $173 / Sq Ft
07/16/2020 07/16/20 Price Changed $259,000 -13.4% $180 / Sq Ft
09/05/2019 09/05/19 For Sale $299,000 -- $207 / Sq Ft
Source: River Counties Association of REALTORS®

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 $959 $63,000 $10,225 $52,775
2023 $959 $63,000 $10,225 $52,775
2022 $1,007 $44,975 $7,375 $37,600
2021 $978 $43,650 $7,375 $36,275
2020 $978 $43,650 $7,375 $36,275
2019 $864 $43,650 $7,375 $36,275
2018 $864 $43,650 $7,375 $36,275
2017 $763 $36,450 $7,400 $29,050
2016 $763 $36,450 $7,400 $29,050
2015 $763 $36,450 $7,400 $29,050
2014 $763 $36,456 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Richard Horine

    Skyway Realty Land & Homes

    Section Image
  • Melissa Wiseman

    Buyer's Agent in 2020

    Melissa Wiseman

    Tellico Mountain Realty, LLC

    (423) 261-4891

    137 Total Sales

    Melissa Wiseman
    Section Image
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Map

Source: River Counties Association of REALTORS®

MLS Number: 20196993

River Counties Association of REALTORS®

APN: 177-090.04

Tennessee Monroe County Tellico Plains 37354

498 Old State Rd, Tellico Plains, TN

This home is located at 498 Old State Rd, Tellico Plains, TN 37385 since 05 September 2019 and is currently estimated at $311,899, approximately $216 per square foot. This property was built in 1975. 498 Old State Rd 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.

River Counties Association of REALTORS® 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.

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