NOT LISTED FOR SALE

503 Highway 93 Fall Branch, TN 37656

Estimated Value: $115,000 - $207,000

2 Beds
1 Bath
714 Sq Ft
$218/Sq Ft Est. Value

Last Sold November 19, 2020

Last sale price $61,000 $85 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $906/month

3 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • Circular Driveway
  • No HOA
  • Covered patio or porch
  • Eat-In Kitchen

About This Home

As of November 2020

Great starter home or it has a great rental history. Hardwood floors, brick fireplace, covered front porch and large one acre lot. There is a storage shed, large garage and good parking.

Last Listed By

MANUEL STEFFEY

Town & Country Realty - Downtown License #267539 Listed on: 10/01/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $487

Year Built

  • Built in 1940

Lot Details

  • 1 Acre Lot
  • Sloped Lot
  • Property is in average condition

Parking

  • 1 Car Garage
  • Circular Driveway
  • Gravel Driveway

Home Design

  • Cottage
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 714 Sq Ft Home
  • 1-Story Property
  • Brick Fireplace
  • Insulated Windows
  • Living Room with Fireplace
  • Crawl Space
  • Storm Windows

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Tile Countertops

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Covered patio or porch
  • Outbuilding

Schools

  • Fall Branch Elementary School
  • West View Middle School
  • Daniel Boone High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 025 002.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$487

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Directions: I-81 to Fall Branch Exit, turn left under highway to house on the left.
  • Prop. Type: Residential
  • Year Built: 1940
  • Garage Garage Spaces: 1
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Not In Subdivision
  • Architectural Style: Cottage
  • Unit Levels: One
  • New Construction: No
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Range
  • Has Basement: Crawl Space
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Eat-in Kitchen, Tile Counters
  • Window Features: Insulated Windows, Storm Window(s)
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Brick, Living Room
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Interior Features:Eat-in Kitchen: Yes
  • Fireplace:Living Room: Yes
  • Fireplace:Brick3: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Tile Counters: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Composition
  • Other Structures: Outbuilding
  • Acres: 1.0
  • Topography: Sloped
  • Home Warranty: No
  • Construction Type: Aluminum Siding
  • Patio And Porch Features: Covered, Front Porch
  • Window Features:Insulated Windows: Yes
  • Window Features:Storm Window(s): Yes

Garage/Parking

  • Parking Features: Asphalt, Circular Driveway, Gravel
  • Sq Ft DetailsGarageDetachedSq Ft: 384
  • Sq Ft DetailsGarageTotalSq Ft: 384
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Gravel: Yes
  • Parking Features:Asphalt2: Yes
  • Parking Features:Circular Driveway: Yes

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Fall Branch
  • High School: Daniel Boone
  • Middle Or Junior School: West View

Lot Info

  • Zoning: Res
  • Lot Dimensions: 368 X 188 Irr
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 025 002.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: R814

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2020
Closed on
Nov 19, 2020
Sold by
Grimm Joshua E
Bought by
Ensor Cynthai Ann
Seller's Agent
MANUEL STEFFEY
Town & Country Realty - Downtown
Buyer's Agent
Jerry Armstrong
Southern Heritage Bank
List Price
$65,000
Sold Price
$61,000
Premium/Discount to List
-$4,000
-6.15%
Total Days on Market
3
Current Estimated Value
$155,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,389
Avg. Annual Appreciation
23.38%
Original Mortgage
$63,500
Outstanding Balance
$57,528
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$97,861

Purchase Details

Closed on
Sep 19, 2013
Sold by
Chatman Rex W
Bought by
Grimm Joshua E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,500
Interest Rate
4.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 30, 2004
Sold by
Carreon Sue Ann
Bought by
Chatman Rex W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,700
Interest Rate
5.6%

Purchase Details

Closed on
Apr 19, 2002
Sold by
Dillow Billy J
Bought by
Carreon Sue Ann

Purchase Details

Closed on
Dec 2, 1996
Sold by
Coffey Louise D L and Coffey Rem E
Bought by
Myers Jack

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
Ensor Cynthai Ann $61,000 Ecu Title & Escrow
Grimm Joshua E $58,000 --
Chatman Rex W $56,700 --
Carreon Sue Ann $42,000 --
Myers Jack $40,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ensor Cynthai Ann $63,500
Previous Owner Grimm Joshua E $60,500
Previous Owner Myers Jack $56,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2020 11/19/20 Sold $61,000 -6.2% $85 / Sq Ft
10/05/2020 10/05/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $65,000 -- $91 / 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 $487 $28,500 $6,300 $22,200
2022 $325 $15,125 $4,500 $10,625
2021 $325 $15,125 $4,500 $10,625
2020 $325 $15,125 $4,500 $10,625
2019 $340 $15,125 $4,500 $10,625
2018 $340 $14,300 $4,500 $9,800
2017 $340 $14,300 $4,500 $9,800
2016 $340 $14,300 $4,500 $9,800
2015 $283 $14,300 $4,500 $9,800
2014 $283 $14,300 $4,500 $9,800
Source: Public Records

Agents Affiliated with this Home

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Source: Tennessee/Virginia Regional MLS

MLS Number: 9913762

Tennessee/Virginia Regional MLS

APN: 025-002.00