NOT LISTED FOR SALE

498 Old State Rd Tellico Plains, TN 37385

Estimated Value: $370,000 - $448,000

3 Beds
2 Baths
1,442 Sq Ft
$285/Sq Ft Est. Value

Last Sold November 06, 2020

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

Est. 65% increase in value since last sale

Current estimated payment $2,322/month

2 Days on Market

Highlights

  • Barn
  • Countryside Views
  • Wooded Lot
  • 68.9 Acre Lot
  • Creek On Lot
  • Main Floor Primary Bedroom

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 has 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.

Last Agent to Sell the Property

Richard Horine

East Tennessee Properties, LLC License #346942 Listed on: 08/14/2020

Last Buyer's Agent

Suzanne Ogle

Tellico Plains Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $829

Year Built

  • Built in 1975

Lot Details

  • 68.9 Acre Lot
  • Level Lot
  • Irregular Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,442 Sq Ft Home
  • Self Contained Fireplace Unit Or Insert
  • Brick Fireplace
  • Combination Kitchen and Dining Room
  • Countryside Views
  • Unfinished Basement
  • Walk-Out Basement
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

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

Outdoor Features

  • Creek On Lot
  • Covered Patio or Porch
  • Outdoor Storage
  • Storage Shed

Schools

  • Tellico Plains Elementary And Middle School
  • Tellico Plains High School

Farming

  • Barn

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Private Water Source
  • Well
  • Septic Tank

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

  • 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.
  • Property Sub Type: Single Family Residence
  • Prop. Type: Single Family
  • Year Built: 1975
  • Lot Size Acres: 68.9
  • Architectural Style: Other
  • Property Attached Yn: No
  • Lot Description:Rolling Slope: Yes
  • Lot Description:Wooded: Yes
  • General Property Description:Lot Size SqFt: 3001272.0
  • Lot Description:Irregular Lot: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 1442.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: No
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: No
  • General Property Description:Extra Storage: No
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Outbuildings:Storage Shed: Yes
  • Floors:Laminate: Yes
  • Dining Area:KitchenDining Rm Co: Yes
  • Water:Private2: Yes
  • Lot Description:Creek: Yes
  • Siding:Brick2: Yes
  • Basement Walkout: Yes
  • Heat:Forced Air: Yes
  • Outbuildings:Barn: Yes
  • Fireplace Insert: Yes
  • Location Tax Legal Info:Property Sub-Type: Residential
  • Special Features: None

Interior Features

  • Appliances: Refrigerator
  • Basement YN: Yes
  • Has Basement: Walkout, Unfinished
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Brick, Insert
  • Fireplaces: 1
  • Flooring: Laminate, Vinyl
  • Interior Amenities: Eat-in Kitchen
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Basement:Unfinished: Yes
  • Fireplace:Brick3: Yes

Exterior Features

  • View: Other, Country Setting
  • Lot Features: Creek, Wooded, Irregular Lot, Level, Rolling Slope
  • Construction Type: Brick
  • Other Structures: Storage, Barn(s)
  • Patio And Porch Features: Porch - Covered
  • Exterior Features:Porch - Covered: Yes
  • Construction:Frame - Brick: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Main Level
  • GarageParking:Attached2: Yes
  • GarageParking:Main Level: Yes

Utilities

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

Schools

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

Lot Info

  • Lot Size Sq Ft: 3001272.0
  • Parcel #: 124 095.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 828.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2020
Closed on
Nov 6, 2020
Sold by
Bradley Rodney Carl and Wear John Larry
Bought by
Paluszek Robert and Paluszek Cynthia Ann
Seller's Agent
Richard Horine
East Tennessee Properties, LLC
Buyer's Agent
Suzanne Ogle
Tellico Plains Realty
Sold Price
$250,000
Current Estimated Value
$411,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,648
Avg. Annual Appreciation
8.19%
Original Mortgage
$150,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2020
Sold by
Smith Natasha and Rutledge Kathy
Bought by
Bradley Rodney C

Purchase Details

Closed on
Jul 14, 1994
Sold by
Robert Bradley
Bought by
John Wear

Purchase Details

Closed on
Dec 8, 1989
Bought by
Bradley Robert C and Etta Joyce

Purchase Details

Closed on
Jul 5, 1974
Bought by
Bradley Robert C and Etta Joyce
Source: Public Records

Range of Values:

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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
Paluszek Robert $250,000 None Available
Bradley Rodney C $20,000 None Available
John Wear -- --
Bradley Robert C -- --
Bradley Robert C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paluszek Robert $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $250,000 -- $173 / 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 $945 $62,075 $18,600 $43,475
2023 $945 $62,075 $18,600 $43,475
2022 $945 $42,200 $16,225 $25,975
2021 $945 $42,200 $16,225 $25,975
2020 $938 $77,950 $51,975 $25,975
2019 $829 $41,875 $15,900 $25,975
2018 $829 $41,875 $15,900 $25,975
2017 $840 $40,100 $15,425 $24,675
2016 $840 $40,100 $15,425 $24,675
2015 $840 $40,100 $15,425 $24,675
2014 $823 $39,315 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1093480

East Tennessee REALTORS® MLS

APN: 124-095.00