NOT LISTED FOR SALE

514 Pinnacle Alley Cumberland Gap, TN 37724

Estimated Value: $76,000 - $136,000

2 Beds
1 Bath
836 Sq Ft
$125/Sq Ft Est. Value

Last Sold February 02, 2018

Last sale price $35,000 $42 Per Sq Ft

Est. 200% increase in value since last sale

Current estimated payment $598/month

Highlights

  • Mountain View
  • Cottage
  • Separate Outdoor Workshop
  • Private Lot
  • Covered Patio or Porch
  • Wood Siding

About This Home

As of February 2018

Wether you’re an investor, a college student, family, or anyone who enjoys the tasteful shops, dinning, and attractions Historic Cumberland Gap has to offer, you’ll love this! This unique listing features TWO properties for less than the price of ONE: a single family home and a block building that could be used for many different purposes. The COZY HOME FEAUTURES: 1923 character, level yard with a wooden fence, city water and sewer, shingle roof, BBE heat, window a/c, a living room, dinning room, kitchen, 2 bedrooms (optional 3rd), 1 bathroom. The BLOCK BUILDING FEATURES: 1959 foundation with more recently poured concrete walls, city water and sewer, 2001 Metal roof, blank canvass ready for your designs, kitchen area is already plumbed. Call today to Schedule your tour!

Last Agent to Sell the Property

D.J Wilder

Century 21 Virginia Wilder Real Estate License #324242 Listed on: 12/06/2017

Century 21 Virginia Wilder Real Estate

Last Buyer's Agent

Virginia Wilder

Century 21 Virginia Wilder Real Estate License #276787

Century 21 Virginia Wilder Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $462

Year Built

  • Built in 1913

Lot Details

  • 5,663 Sq Ft Lot
  • Private Lot

Home Design

  • Cottage
  • Wood Siding

Interior Spaces

  • 836 Sq Ft Home
  • Mountain Views
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop

Schools

  • H Y Livesay Middle School
  • Claiborne County High School

Community Details

  • Cumberland Gap Subdivision

Listing and Financial Details

  • Assessor Parcel Number 001l C 027.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$462

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Directions: Take Pinnacle Alley(Behind Angelo's in the Gap) and home is on the right.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1913
  • Lot Size Acres: 0.13
  • Subdivision Name: Cumberland Gap
  • Architectural Style: Cottage
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: None
  • Has Basement: Crawl Space
  • Fireplace: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Other, None

Exterior Features

  • Exterior Features: Porch - Covered
  • View: Mountain View
  • Lot Features: Private
  • Construction Type: Wood Siding
  • Other Structures: Workshop

Garage/Parking

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

Schools

  • High School: Claiborne County
  • Middle Or Junior School: H Y Livesay

Lot Info

  • Lot Size Sq Ft: 5662.8
  • Parcel #: 001l C 027.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 74.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2023
Sold by
Ferris Kathleen R and Ferris Norman B
Bought by
Slinkard Jerry Lee
Current Estimated Value
$104,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Outstanding Balance
$24,059
Interest Rate
7.19%
Mortgage Type
Credit Line Revolving
Estimated Equity
$82,040

Purchase Details

Closed on
Sep 13, 2023
Sold by
Ball Family Invs Lp
Bought by
Ramos Maria De Los Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Outstanding Balance
$24,059
Interest Rate
7.19%
Mortgage Type
Credit Line Revolving
Estimated Equity
$82,040

Purchase Details

Listed on
Dec 6, 2017
Closed on
Feb 1, 2018
Sold by
Webb Joan A and Webb Jr General
Bought by
Dubin Real Property Partnership Ltd
Seller's Agent
D.J Wilder
Century 21 Virginia Wilder Real Estate
Buyer's Agent
Virginia Wilder
Century 21 Virginia Wilder Real Estate
Sold Price
$35,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.67%

Purchase Details

Closed on
Feb 10, 1923
Bought by
Gulley Carl E

Purchase Details

Closed on
Jan 1, 1923
Bought by
Gulley Carl E
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
Slinkard Jerry Lee $17,500 Superior Title
Ramos Maria De Los Angel $19,900 None Listed On Document
Dubin Real Property Partnership Ltd $35,000 East Tennessee Title
Gulley Carl E -- --
Gulley Carl E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramos Maria De Los Angel $25,000
Previous Owner Adams John O $25,497
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2018 02/02/18 Sold $35,000 -- $42 / 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 $462 $15,100 $2,450 $12,650
2023 $462 $15,100 $2,450 $12,650
2022 $411 $15,100 $2,450 $12,650
2021 $321 $9,250 $2,475 $6,775
2020 $321 $9,250 $2,475 $6,775
2019 $321 $9,250 $2,475 $6,775
2018 $321 $9,250 $2,475 $6,775
2017 $321 $9,250 $2,475 $6,775
2016 $286 $8,225 $2,100 $6,125
2015 $241 $8,225 $2,100 $6,125
2014 $241 $8,232 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1024487

East Tennessee REALTORS® MLS

APN: 001L-C-027.00