NOT LISTED FOR SALE

50 Weblon Ln Sewanee, TN 37375

Estimated Value: $590,000 - $1,911,179

4 Beds
2 Baths
2,447 Sq Ft
$388/Sq Ft Est. Value

Last Sold May 07, 2021

Last sale price $500,000 $204 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $5,475/month

1 Day on Market

Highlights

  • 5.1 Acre Lot
  • Covered Deck
  • Wooded Lot
  • Bluff View
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of May 2021

Secluded residence on 5 acres overlooking Lost Cove. House with separate garage, workshop, and tool shed. Beautiful mature trees. Private grounds with gardens.

Last Agent to Sell the Property

Susan Holmes

University Realty License # 335822 Listed on: 01/12/2021

Last Buyer's Agent

Susan Holmes

University Realty License # 335822 Listed on: 01/12/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,819

Year Built

  • Built in 1989

Lot Details

  • 5.1 Acre Lot
  • Wooded Lot

Parking

  • 2 Car Garage
  • Circular Driveway

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,447 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Great Room
  • Combination Dining and Living Room
  • Wood Flooring
  • Bluff Views
  • Fire and Smoke Detector
  • Finished Basement

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Deck
  • Outdoor Storage
  • Porch

Schools

  • Sewanee Elementary School
  • South Middle School
  • Franklin County High School

Utilities

  • Cooling Available
  • Central Heating
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 079 04402 000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,819

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 1989
  • Unit Levels: One
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Fireplace: No
  • Flooring: Finished Wood
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Has Basement: Finished
  • Above Grade Finished Sq Ft: 2447
  • Building Area Units: Square Feet
  • Living Area: 2447
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Storage
  • Construction Type: Wood Siding
  • Patio And Porch Features: Covered Deck, Deck, Porch, Screened
  • Pool Private: No
  • Roof: Shingle
  • View: Bluff
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 2
  • Parking Features: Detached, Circular Driveway
  • Total Parking Spaces: 4

Utilities

  • Sewer: Private Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm, Smoke Detector(s)

Condo/Co-op/Association

  • Amenities: Trail(s)
  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Wooded
  • Lot Size Acres: 5.1
  • Lot Size Units: Acres
  • Parcel #: 079 04402 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2819

MLS Schools

  • Elementary School: Sewanee Elementary
  • High School: Franklin County High School
  • Middle Or Junior School: South Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2021
Closed on
May 7, 2021
Sold by
Scruggs C Perry C and Scruggs Sue E
Bought by
Lost Cove Holdings Llc
Seller's Agent
Susan Holmes
University Realty
Buyer's Agent
Susan Holmes
University Realty
List Price
$500,000
Sold Price
$500,000
Current Estimated Value
$955,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$455,034
Avg. Annual Appreciation
16.85%
Original Mortgage
$764,000
Outstanding Balance
$699,687
Interest Rate
3.1%
Mortgage Type
Construction
Estimated Equity
$272,657

Purchase Details

Closed on
Jun 18, 1997
Sold by
Webb Shipp Holden
Bought by
Thoits Peggy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,400
Interest Rate
7.92%

Purchase Details

Closed on
Aug 8, 1986

Purchase Details

Closed on
Oct 31, 1985
Bought by
Webb Shipp Holden and Judith Dorothy

Purchase Details

Closed on
Oct 25, 1985
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
Lost Cove Holdings Llc $500,000 Sovereign T&E Llc
Lost Cove Holdings Llc $400,000 Sovereign T&E Llc
Thoits Peggy A $138,000 --
-- -- --
Webb Shipp Holden -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lost Cove Holdings Llc $764,000
Previous Owner Seruggs Sue E $345,000
Previous Owner Scruggs C Perry $287,011
Previous Owner Scruggs C Perry $346,500
Previous Owner Thoits Peggy A $50,000
Previous Owner Not Available $110,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $500,000 0.0% $204 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
01/12/2021 01/12/21 For Sale $500,000 -- $204 / Sq Ft
Source: Realtracs

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 $2,947 $147,700 $77,375 $70,325
2023 $2,947 $147,700 $77,375 $70,325
2022 $2,770 $147,700 $77,375 $70,325
2021 $3,168 $147,700 $77,375 $70,325
2020 $3,168 $110,050 $62,825 $47,225
2019 $3,168 $110,050 $62,825 $47,225
2018 $2,942 $110,050 $62,825 $47,225
2017 $3,521 $131,700 $65,200 $66,500
2016 $2,517 $94,125 $33,675 $60,450
2015 $2,517 $94,125 $33,675 $60,450
2014 $2,516 $94,122 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2219699

Realtracs

APN: 079-044.02