NOT LISTED FOR SALE

500 Summitt Hill Rd Bulls Gap, TN 37711

Estimated Value: $172,000 - $229,000

3 Beds
2 Baths
1,664 Sq Ft
$121/Sq Ft Est. Value

Last Sold May 06, 2019

Last sale price $110,000 $66 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $1,128/month

4 Days on Market

Highlights

  • Central Heating and Cooling System
  • Level Lot
  • 1-Story Property
  • Double Wide
  • Carpet

About This Home

As of May 2019

2014 Doublewide with 3 bedrooms, 2 bathrooms on 1 acre of land. Home features, new paint, new flooring. Possible owner finance with 10%.

Last Agent to Sell the Property

SARAH RICHARDS

Spring Mountain Realty, PLLC License #326803 Listed on: 12/31/2018

Last Buyer's Agent

Leslie Lamb

Crye-Leike Lakeway Real Estate License #271058

Crye-Leike Lakeway Real Estate

Property Details

Home Type

  • Mobile/Manufactured

Est. Annual Taxes

  • $772

Year Built

  • Built in 2014

Lot Details

  • 1 Acre Lot
  • Level Lot
  • Property is in good condition

Parking

  • Gravel Driveway

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,664 Sq Ft Home
  • 1-Story Property
  • Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Bulls Gap Elementary And Middle School
  • Cherokee High School

Mobile Home

  • Double Wide

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Septic Tank

Community Details

  • FHA/VA Approved Complex

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 153 074.01

Property Details

Home Type

Mobile/Manufactured

Est. Annual Taxes

$772

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Directions: Speedwell Road, turn right onto Beech Grove Road, turn right onto Summitt Hill Road, home is on the left
  • Prop. Type: Residential
  • Year Built: 2014
  • Body Type: Double Wide
  • Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: In Foreclosure
  • Unit Levels: One
  • New Construction: No
  • Contract Info Foreclosure: Yes
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 1.0
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Bulls Gap
  • General Property Description Middle School2: Bulls Gap
  • General Property Description High School3: Cherokee
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • General Property Description Lot Dimensions: 43560
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1664.0
  • AC Central Air: Yes
  • Appliances Microwave: Yes
  • TopographyLot Description Level2: Yes
  • General Property Description Parcel ID2: 153 074.01
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • General Property Description Stories2: 1
  • TopographyLot Description Rolling Slope: Yes
  • Flooring Carpet: Yes
  • Flooring Vinyl: Yes
  • RoofAsphalt: Yes
  • Body Type Double Wide: Yes
  • Levels One: Yes
  • Special Features: 1028

Interior Features

  • Appliances: Microwave
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 3
  • General Property Description Baths - Full: 2

Exterior Features

  • Property Condition: Above Average
  • Roof: Asphalt
  • Acres: 1.0
  • Topography: Level, Rolling Slope
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Exterior Finish Vinyl Siding: Yes

Garage/Parking

  • Parking Features: Gravel
  • Attached Garage: No
  • Parking Features:Gravel: Yes

Utilities

  • Heating: Central, Electric, Heat Pump
  • Sewer: Septic Tank
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric: Yes

Schools

  • Elementary School: Bulls Gap
  • High School: Cherokee
  • Middle Or Junior School: Bulls Gap

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 43560
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 153 074.01
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2018
Closed on
May 7, 2019
Sold by
Vanderbilt Mortgage And Finance Inc
Bought by
Mullins Terry W
Seller's Agent
SARAH RICHARDS
Spring Mountain Realty, PLLC
Buyer's Agent
Leslie Lamb
Crye-Leike Lakeway Real Estate
List Price
$114,900
Sold Price
$110,000
Premium/Discount to List
-$4,900
-4.26%
Current Estimated Value
$201,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,333
Avg. Annual Appreciation
9.79%
Original Mortgage
$108,007
Outstanding Balance
$94,572
Interest Rate
4%
Mortgage Type
FHA
Estimated Equity
$106,761

Purchase Details

Closed on
Dec 11, 2018
Sold by
Williams Belinda Jo and Williams Christopher Nicholas
Bought by
Vanderbilt Mortgage And Finance Inc
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
Mullins Terry W $110,000 None Available
Vanderbilt Mortgage And Finance Inc $85,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mullins Terry W $108,007
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2019 05/06/19 Sold $110,000 -4.3% $66 / Sq Ft
01/05/2019 01/05/19 Pending -- -- --
12/31/2018 12/31/18 For Sale $114,900 -- $69 / 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 $772 $30,225 $2,700 $27,525
2023 $703 $30,225 $0 $0
2022 $685 $29,575 $2,700 $26,875
2021 $641 $29,575 $2,700 $26,875
2020 $707 $29,575 $2,700 $26,875
2019 $476 $27,925 $2,700 $25,225
2018 $476 $18,800 $2,700 $16,100
2017 $476 $18,800 $2,700 $16,100
2016 $476 $18,800 $2,700 $16,100
2015 $463 $18,800 $2,700 $16,100
2014 $426 $17,275 $2,700 $14,575
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 416081

Tennessee/Virginia Regional MLS

APN: 153-074.01