NOT LISTED FOR SALE

509 Ferry St Loudon, TN 37774

Estimated Value: $196,000 - $227,000

2 Beds
2 Baths
952 Sq Ft
$221/Sq Ft Est. Value

Last Sold April 14, 2021

Last sale price $130,000 $137 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,184/month

13 Days on Market

Highlights

  • Deck
  • Cottage
  • Central Air
  • Wood Flooring
  • Covered Patio or Porch
  • Heat Pump System

About This Home

As of April 2021

This is the most adorable little house in Loudon. 3min walk to Historic Downtown Loudon, COMPLETELY remodeled like brand new! Updates include: Newer appliances, new 3/4 in real hardwood floors, new carpet in BR's, New paint inside, 3rd BR was turned into a huge master bathroom w/ walk in shower! Handicap assessible, New light fixtures throughout, New steel front door and glass storm door, HVAC aprox 6 yrs old. New gutters, newer windows, keyless entry Fenced in yard!

Last Agent to Sell the Property

Karen Millikan

Lakefront Living, On the Lake License #278019 Listed on: 03/02/2021

Last Buyer's Agent

Linda Lefler

Southern Charm Homes License #341180

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $156

Year Built

  • Built in 1935

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 35x100

Parking

  • On-Street Parking

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 952 Sq Ft Home
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Town Of Loudon Subdivision

Listing and Financial Details

  • Property Available on 3/3/21
  • Assessor Parcel Number 041B F 003.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$156

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Directions: Hwy 72 to Grove St, grove st to Ferry street, home on left, little blue cottage!
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1935
  • Lot Size Acres: 0.25
  • Lot Size: 35x100
  • Subdivision Name: Town of Loudon
  • Architectural Style: Cottage
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Smoke Detector, Refrigerator, Microwave, Washer
  • Has Basement: Crawl Space
  • Fireplace: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Flooring: Carpet, Hardwood, Tile

Exterior Features

  • Exterior Features: Porch - Covered, Deck
  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: On-Street Parking

Utilities

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

Lot Info

  • Lot Size Sq Ft: 10890.0
  • Parcel #: 041B F 003.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Available Date: 2021-03-03

Tax Info

  • Tax Annual Amount: 156.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2021
Closed on
Apr 14, 2021
Sold by
Genova Gary and Genova Michelle
Bought by
Runge Michael W and Runge Joy Natures
Seller's Agent
Karen Millikan
Lakefront Living, On the Lake
Buyer's Agent
Linda Lefler
Southern Charm Homes
Sold Price
$130,000
Current Estimated Value
$210,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,478
Avg. Annual Appreciation
11.28%
Original Mortgage
$104,000
Outstanding Balance
$93,899
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$116,579

Purchase Details

Listed on
Nov 22, 2016
Closed on
Feb 1, 2017
Sold by
Bernal William C
Bought by
Genova Gary and Genova Michele
Seller's Agent
Marcie Nichols
Century 21 The Real Estate Place, Inc.
Buyer's Agent
TERESA RAMAGE
NLMNLM
Sold Price
$45,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.13%

Purchase Details

Closed on
Nov 23, 2010
Sold by
Secretary Of Housing
Bought by
Bernal William C

Purchase Details

Closed on
Apr 6, 2010
Sold by
Moran April
Bought by
Secretary Of The Department Of

Purchase Details

Closed on
Apr 5, 2010
Bought by
Sec Of Housing & Urban Dev %Pryamid Real Est

Purchase Details

Closed on
Feb 13, 2008
Sold by
Lee Alma M
Bought by
April Moran

Purchase Details

Closed on
Aug 19, 2006
Sold by
Christopher Schlemmer
Bought by
Lee Alma M

Purchase Details

Closed on
Mar 26, 1996
Bought by
Schlemmer Christopher

Purchase Details

Closed on
Jan 31, 1989
Bought by
Knox Carolyn S %1St Investment Company

Purchase Details

Closed on
Jan 1, 1985
Bought by
Clabough Rita G

Purchase Details

Closed on
Jan 2, 1981
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
Runge Michael W $130,000 Southeastern Ttl & Abstract
Genova Gary $45,900 --
Bernal William C $39,500 --
Secretary Of The Department Of $82,721 --
Sec Of Housing & Urban Dev %Pryamid Real Est $82,700 --
April Moran $76,000 --
Lee Alma M -- --
Schlemmer Christopher $37,800 --
Knox Carolyn S %1St Investment Company $24,000 --
Clabough Rita G $31,500 --
-- $6,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Runge Michael W $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2021 04/14/21 Sold $130,000 +183.2% $137 / Sq Ft
02/01/2017 02/01/17 Sold $45,900 -- $48 / Sq Ft View Prior Sale
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
2025 $802 $30,650 $1,725 $28,925
2023 $802 $30,650 $0 $0
2022 $802 $30,650 $1,725 $28,925
2021 $802 $30,650 $1,725 $28,925
2020 $383 $30,650 $1,725 $28,925
2019 $383 $12,575 $1,500 $11,075
2018 $375 $12,575 $1,500 $11,075
2017 $375 $12,575 $1,500 $11,075
2016 $435 $14,325 $1,850 $12,475
2015 $435 $14,325 $1,850 $12,475
2014 $435 $14,325 $1,850 $12,475
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1144523

East Tennessee REALTORS® MLS

APN: 041B-F-003.00