N
Seller's Agent in 2022
NONMLS NONMLS
501 W Millers Cove Rd Walland, TN 37886
Estimated Value: $1,885,000 - $5,682,000
3
Beds
4
Baths
3,368
Sq Ft
$1,260/Sq Ft
Est. Value
Highlights
- River View
- Wood Flooring
- Log Cabin
- 42.07 Acre Lot
- No HOA
- Central Heating and Cooling System
About This Home
As of March 2022Pure Water Farm...a 42+ acre sustainable organic farm known for its incredible natural beauty and unique history is undeniably one of the most extraordinary historical heritage properties in the country. Nestled in the forested foothills of the Appalachian mountains near the entrance to the most visited national park in the US, the Great Smoky Mountains National Park. Pure Water Farm, historically significant as a full restoration of a 350 year old European settlement is a legacy property that can be handed down through generations. Three streams border the property providing some of the most pure and clean water imaginable. A 200' deep, fast flowing stream helped produce an Artesian well that supplies 200 gallons More... FOR COMP PURPOSES ONLY
Last Agent to Sell the Property
NONMLS NONMLS
License #2211 Listed on: 12/24/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,603
Year Built
- Built in 2010
Lot Details
- 42.07 Acre Lot
- Level Lot
Property Views
- River
- Bluff
Home Design
- Log Cabin
- Log Siding
Interior Spaces
- 3,368 Sq Ft Home
- Property has 1 Level
- Wood Flooring
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Parking
- 2 Parking Spaces
- 2 Carport Spaces
Schools
- Walland Elementary School
- Alcoa Elementary Middle School
- Alcoa High School
Utilities
- Central Heating and Cooling System
- Well
- Septic Tank
Community Details
- No Home Owners Association
- Walland Subdivision
Listing and Financial Details
- Assessor Parcel Number 083 00600 000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 29, 2022
Sold by
Double Happy Living Trust
Bought by
Hesse Creek Farm Llc
Current Estimated Value
Purchase Details
Listed on
Dec 24, 2021
Closed on
Mar 1, 2022
Sold by
Pure Water Farm Llc
Bought by
Double Happy Living Trust
Seller's Agent
NONMLS NONMLS
Buyer's Agent
Katie Morrell
Compass RE
List Price
$4,700,000
Sold Price
$4,700,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.76%
Original Mortgage
$3,647,837
Interest Rate
3.89%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 19, 2008
Sold by
Mccroskey David L
Bought by
Purewaerfarm Llc
Purchase Details
Closed on
Apr 3, 1997
Sold by
Mccroskey David L
Bought by
Gilliam Deborah
Purchase Details
Closed on
Mar 14, 1980
Bought by
Mccroskey David L
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hesse Creek Farm Llc | -- | -- | |
| Double Happy Living Trust | $4,700,000 | Admiral Title | |
| Purewaerfarm Llc | $500,000 | -- | |
| Gilliam Deborah | $35,000 | -- | |
| Mccroskey David L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Double Happy Living Trust | $3,647,837 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/01/2022 03/01/22 | Sold | $4,700,000 | 0.0% | $1,395 / Sq Ft |
| 03/01/2022 03/01/22 | Pending | -- | -- | -- |
| 03/01/2022 03/01/22 | For Sale | $4,700,000 | -- | $1,395 / Sq Ft |
Source: Realtracs
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $5,368 | $428,150 | $0 | $0 |
| 2024 | $5,368 | $337,625 | $54,725 | $282,900 |
| 2023 | $3,962 | $249,175 | $54,725 | $194,450 |
| 2022 | $3,603 | $145,875 | $38,025 | $107,850 |
| 2021 | $3,603 | $145,875 | $38,025 | $107,850 |
| 2020 | $3,603 | $145,875 | $38,025 | $107,850 |
| 2019 | $3,603 | $145,875 | $38,025 | $107,850 |
| 2018 | $3,774 | $152,775 | $37,700 | $115,075 |
| 2017 | $3,774 | $152,775 | $37,700 | $115,075 |
| 2016 | $3,774 | $152,775 | $37,700 | $115,075 |
| 2015 | $3,285 | $152,775 | $37,700 | $115,075 |
| 2014 | $291 | $152,775 | $37,700 | $115,075 |
| 2013 | $291 | $142,225 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Katie Morrell
Buyer's Agent in 2022
Katie Morrell
Compass RE
(615) 593-3103
1 in this area
364 Total Sales
Map
Source: Realtracs
MLS Number: 2361120
APN: 083-006.00
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