NOT LISTED FOR SALE

500 Wallen Creek Ln Tazewell, TN 37879

Estimated Value: $423,000 - $787,000

4 Beds
1 Bath
2,071 Sq Ft
$284/Sq Ft Est. Value

Last Sold August 31, 2017

Last sale price $368,000 $178 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,283/month

205 Days on Market

Highlights

  • Guest House
  • Stables
  • Mountain View
  • Barn
  • 130.5 Acre Lot
  • Private Lot

About This Home

As of August 2017

130.5 Acre Gorgeous Mountain retreat with almost 40 acres cleared, natural springs, creeks, pastures, and TONS of privacy! Only minutes away from the Clinch River and boat ramps for Norris Lake. This 1925 farm home has the original charm as well as all new electrical, plumbing, hvac, water heater, and refinished original floors throughout most of the home. There are 2 barns (38x56 and 28x50) that have been completely renovated to accommodate up to 12 horses, and an additional large barn for storage plus sheds & detached pantry. Second home is on the property and in need of TLC, but can be turned into a nice cabin. The main home has 4 bedrooms, 1 full bath, and is plumbed for a 2nd bath upstairs. This property is a must see to appreciate its beauty! Price firm!

Last Agent to Sell the Property

Corien Schutte

Vose Property Group, Realty Executives Listed on: 02/03/2017

Last Buyer's Agent

Corien Schutte

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $894

Year Built

  • Built in 1925

Lot Details

  • 130.5 Acre Lot
  • Private Lot
  • Wooded Lot

Property Views

  • Mountain
  • Countryside Views
  • Forest

Home Design

  • Wood Siding

Interior Spaces

  • 2,071 Sq Ft Home
  • Insulated Windows
  • Crawl Space
  • Fire and Smoke Detector
  • Microwave

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Parking

  • Parking Available
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Creek On Lot
  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Outdoor Storage

Schools

  • Claiborne County High School

Utilities

  • Zoned Heating and Cooling System
  • Cable TV Available

Additional Features

  • Guest House
  • Barn
  • Stables

Listing and Financial Details

  • Assessor Parcel Number 085 014.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$894

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Directions: From Knoxville: Follow US-11W N and US-25E N to TN-33 N in Claiborne County, Continue on TN-33 N. Drive to Wallen Creek Ln.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1925
  • Lot Size Acres: 130.5
  • Architectural Style: Other
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Smoke Detector, Refrigerator, Microwave
  • Has Basement: Crawl Space
  • Fireplace: No
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Flooring: Laminate, Hardwood

Exterior Features

  • Exterior Features: Windows - Insulated, Porch - Covered, Cable Available (TV Only)
  • View: Mountain View, Country Setting, Wooded
  • Lot Features: Creek, Private, Wooded
  • Construction Type: Wood Siding
  • Other Structures: Storage, Stable(s), Barn(s), Workshop, Guest House

Garage/Parking

  • Attached Garage: No
  • Parking Features: Designated Parking, Main Level, Off-Street Parking

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Schools

  • High School: Claiborne County

Lot Info

  • Lot Size Sq Ft: 5684580.0
  • Parcel #: 085 014.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2018
Sold by
Greenhaven Farms & Property Mgmt Llc
Bought by
Odare Walt V
Current Estimated Value
$588,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.4%
Mortgage Type
Unknown

Purchase Details

Listed on
Feb 3, 2017
Closed on
Aug 31, 2017
Sold by
Peels Sherry D
Bought by
Greenhaven Farms & Property Management L
Seller's Agent
Corien Schutte
Vose Property Group, Realty Executives
Buyer's Agent
Corien Schutte
Keller Williams Realty
Sold Price
$368,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.06%

Purchase Details

Listed on
Aug 26, 2015
Closed on
Nov 25, 2015
Sold by
Smith Sue Carol
Bought by
Peels Sherry D
Seller's Agent
Larry Sharp
Turn Key Realty
Buyer's Agent
Larry Sharp
Turn Key Realty
Sold Price
$295,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.47%

Purchase Details

Closed on
Aug 31, 2001
Sold by
Barnard Eula
Bought by
Smith James

Purchase Details

Closed on
Jan 1, 1923
Bought by
Wallen Harvey
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
Odare Walt V $400,000 None Available
Greenhaven Farms & Property Management L $368,000 Quiet Title
Peels Sherry D $290,000 --
Smith James $185,000 --
Wallen Harvey -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bosworth Trenton $425,000
Closed Odare Walt $113,917
Previous Owner Odare Walt V $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2017 08/31/17 Sold $368,000 +24.7% $178 / Sq Ft
12/01/2015 12/01/15 Sold $295,000 -- $148 / 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 $894 $38,225 $21,150 $17,075
2023 $894 $38,225 $21,150 $17,075
2022 $765 $38,225 $21,150 $17,075
2021 $795 $30,825 $17,500 $13,325
2020 $1,379 $53,500 $40,175 $13,325
2019 $1,379 $53,500 $40,175 $13,325
2018 $1,379 $53,500 $40,175 $13,325
2017 $1,379 $53,500 $40,175 $13,325
2016 $662 $25,675 $15,925 $9,750
2015 $637 $25,675 $15,925 $9,750
2014 $637 $25,661 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Corien Schutte

    Vose Property Group, Realty Executives

  • L

    Seller's Agent in 2015

    Larry Sharp

    Turn Key Realty

See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 990536

East Tennessee REALTORS® MLS

APN: 085-014.00

Tennessee Claiborne County Tazewell 37879

500 Wallen Creek Ln, Tazewell, TN

This home is located at 500 Wallen Creek Ln, Tazewell, TN 37879 since 03 February 2017 and is currently estimated at $588,709, approximately $284 per square foot. This property was built in 1925. 500 Wallen Creek Ln is a home located in Claiborne County.

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.

East Tennessee REALTORS® MLS 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.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.

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