NOT LISTED FOR SALE

510 E Wheeler Ln Lafollette, TN 37766

Estimated Value: $315,000 - $429,000

3 Beds
2.5 Baths
2,256 Sq Ft
$167/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $340,000 $151 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,066/month

Highlights

  • Mountain View
  • Wood Flooring
  • Covered Patio or Porch
  • Traditional Architecture
  • No HOA
  • Formal Dining Room

About This Home

As of July 2023

Great mountain top home with wrap around porch to absorb the views! Centrally located just outside of Jacksboro. Beautiful hardwood floors thru most of the house including staircase and upper hallway. Tile floors in updated Kitchen w/stainless appliances, granite countertops and tile backsplash. Breakfast bar also opens to formal dining area. Access from both to the pergola style side porch that joins the extensive front porch. Owner's suite includes two closets, w/one being walk in, vanity area w/granite top, & separate area w/toilet, tub/shower & linen closet. Split BR's from owners suite, large hall bathroom & nook at top of stair landing complete the upper level. In addition, there is a finished room in the lower level that can easily be a rec room or bedroom. Seller has flooring to match & will leave if buyer wants to finish the staircase down. Spacious garage with loads of storage or workshop area. Easy to show! Showings start Friday, April 28,2023,so call today to schedule for then. Property IS eligible for USDA RURAL DEVELOPMENT 0% down payment loan program!!

Last Agent to Sell the Property

Hope Davis

Realty Executives Associates License #257142 Listed on: 04/25/2023

Realty Executives Associates

Last Buyer's Agent

Gage Dople

Wallace License #362622

Wallace

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,034

Year Built

  • Built in 1987

Lot Details

  • 0.58 Acre Lot
  • Level Lot

Parking

  • 1 Car Garage
  • Basement Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Off-Street Parking

Property Views

  • Mountain
  • Countryside Views
  • Seasonal

Home Design

  • Traditional Architecture
  • Block Foundation
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,256 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Brick Fireplace
  • Insulated Windows
  • Formal Dining Room
  • Fire and Smoke Detector
  • Washer and Dryer Hookup
  • Partially Finished Basement

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage
  • Storage Shed

Utilities

  • Central Heating and Cooling System
  • Internet Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property Available on 4/28/23
  • Assessor Parcel Number 103F A 017.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,034

Year Built

Built in 1987

Lot Details

0

Parking

1

Listing Details

  • Directions: I-75 North to Jacksboro/LaFollette exit 134. Turn towards LaFollette onto 25W North & Hwy 63 East. Go about 10 miles and turn left onto Wheeler Lane. Bear right at fork to stay on Wheeler Lane. House will be on your right. Sign in yard.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1987
  • Lot Size Acres: 0.58
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Lot Description:Rolling Slope: Yes
  • View:Mountain View: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 912.0
  • General Property Description:SqFt - Down Lvl: 432.0
  • General Property Description:SqFt - 2nd Flr Lvl: 912.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: No
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: No
  • AtchdDtchd Type:Detached: Yes
  • Siding:Vinyl2: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Hardwood: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Outbuildings:Storage Shed: Yes
  • Dining Area:KitchenDining Rm Co: Yes
  • Floors:Tile2: Yes
  • Dining Area:Formal Dining Area: Yes
  • Dining Area:Breakfast Bar: Yes
  • View:Seasonal Mountain: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Smoke Detector, Self Cleaning Oven, Refrigerator, Microwave
  • Has Basement: Partially Finished
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Brick, Wood Burning
  • Fireplaces: 1
  • Flooring: Carpet, Hardwood, Vinyl, Tile
  • ResoLivingAreaSource: Owner
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Fireplace:Wood Burning: Yes
  • Basement:Partially Finished: Yes
  • Fireplace:Brick3: Yes

Exterior Features

  • Exterior Features: Windows - Insulated, Porch - Covered
  • View: Mountain View, Country Setting, Seasonal Mountain
  • Lot Features: Level, Rolling Slope
  • Construction Type: Vinyl Siding, Block, Frame
  • Other Structures: Storage
  • Construction:Frame: Yes
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Windows - Insulated: Yes
  • Construction:Block2: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 1.0
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage Door Opener, Basement, Side/Rear Entry, Off-Street Parking
  • GarageParking:Garage Door Opener: Yes
  • GarageParking:Basement4: Yes
  • GarageParking:Off-Street Parking: Yes
  • GarageParking:SideRear Entry: Yes

Utilities

  • Cooling: Central Cooling, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 25264.8
  • Parcel #: 103F A 017.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Available Date: 2023-04-28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2023
Closed on
Jul 14, 2023
Sold by
Plank Michael C
Bought by
Gibson Mark A and Morgan Dana N
Seller's Agent
Hope Davis
Realty Executives Associates
Buyer's Agent
Gage Dople
Wallace
List Price
$400,000
Sold Price
$340,000
Premium/Discount to List
-$60,000
-15%
Views
152
Current Estimated Value
$376,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,310
Avg. Annual Appreciation
4.43%
Original Mortgage
$272,000
Outstanding Balance
$265,116
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$111,194

Purchase Details

Closed on
Feb 28, 2023
Sold by
Benjamin Burge Bryan and Helms Chelsea
Bought by
Plank Michael C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,656
Interest Rate
6.15%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 18, 2019
Sold by
Robbins Joshua Eric and Mikesell Robbins Megan
Bought by
Burge Bryan Benjamin and Burge Chelsea Helms

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2013
Sold by
Secretary Of Housing And U
Bought by
Robbins Joshua Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,044
Interest Rate
3.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 7, 2011
Bought by
Sec Of Housing & Urban Dev 4400 Will Rogers P

Purchase Details

Closed on
Jun 30, 2008
Sold by
Sharp Timothy Kevin
Bought by
Kennedy Lonnie

Purchase Details

Closed on
Jun 23, 2004
Bought by
Sharp Timothy Kevin and Sharp Amanda

Purchase Details

Closed on
Dec 2, 1987
Bought by
Holder Robert N and Holder Karen S
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
Gibson Mark A $340,000 None Listed On Document
Plank Michael C $295,000 Concord Title
Burge Bryan Benjamin $210,000 None Available
Robbins Joshua Eric $72,000 --
Sec Of Housing & Urban Dev 4400 Will Rogers P -- --
Secretary Of Housing And Urban $168,095 --
Kennedy Lonnie $157,940 --
Sharp Timothy Kevin $119,500 --
Holder Robert N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibson Mark A $272,000
Previous Owner Plank Michael C $289,656
Previous Owner Burge Bryan Benjamin $168,000
Previous Owner Robbins Joshua Eric $64,044
Closed Plank Michael C $10,325
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2023 07/14/23 Sold $340,000 0.0% $151 / Sq Ft
06/09/2023 06/09/23 Pending -- -- --
06/05/2023 06/05/23 Price Changed $340,000 -2.9% $151 / Sq Ft
05/21/2023 05/21/23 Price Changed $350,000 -4.1% $155 / Sq Ft
05/09/2023 05/09/23 Price Changed $365,000 -2.7% $162 / Sq Ft
04/28/2023 04/28/23 Price Changed $375,000 -6.3% $166 / Sq Ft
04/28/2023 04/28/23 For Sale $400,000 -- $177 / 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
2025 $1,034 $85,100 $0 $0
2024 $1,034 $85,100 $10,000 $75,100
2023 $1,008 $48,775 $5,600 $43,175
2022 $1,008 $48,775 $5,600 $43,175
2021 $1,008 $48,775 $5,600 $43,175
2020 $988 $48,775 $5,600 $43,175
2019 $745 $36,050 $5,600 $30,450
2018 $759 $33,750 $6,875 $26,875
2017 $759 $33,750 $6,875 $26,875
2016 $759 $33,750 $6,875 $26,875
2015 $672 $33,750 $6,875 $26,875
2014 $672 $33,750 $6,875 $26,875
2013 -- $33,750 $6,875 $26,875
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1224943

East Tennessee REALTORS® MLS

APN: 103F-A-017.00