NOT LISTED FOR SALE

514 Silver Grove Rd Bluff City, TN 37618

Estimated Value: $131,000 - $237,000

3 Beds
1 Bath
990 Sq Ft
$192/Sq Ft Est. Value

Last Sold July 31, 2018

Last sale price $45,540 $46 Per Sq Ft

Est. 317% increase in value since last sale

Current estimated payment $1,075/month

141 Days on Market

Highlights

  • Ranch Style House
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of July 2018

In pretty foothills of Northeast Tennessee and only minutes from Bluff City. Six rooms: Large living room ; eat-in kitchen w/ vinyl floor; three BR's; full BA w/ tile floor. Kitchen dining area,utility room and laundry connections upstairs. . Buyer/buyer's agent to verify info. FHA IE. Subject to appraisal. HUD homes are sold "As Is". Seller makes no representations or warranties as to property condition. Pre 1978 properties to include LBP (lead based paint) notice. EHO. Property is owned by US Dept of HUD. HUD Case Number 481-269099. Seller may contribute up to 3% for buyer's closing costs upon buyer request.

Last Agent to Sell the Property

Gordon Newman

Century 21 Legacy - Greeneville License #TN# 294973 VA # 0225197251 Listed on: 02/05/2018

Century 21 Legacy - Greeneville

Last Buyer's Agent

Terri Byers

Epique Realty License #334515

Epique Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $491

Year Built

  • Built in 1953

Lot Details

  • 0.34 Acre Lot
  • Level Lot
  • Property is in below average condition

Parking

  • Gravel Driveway

Home Design

  • 990 Sq Ft Home
  • Ranch Style House
  • Metal Roof
  • Masonite

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Bluff City Elementary School
  • East Middle School
  • West Ridge High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Additional Features

  • Partially Finished Basement

Community Details

  • FHA/VA Approved Complex

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 003.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$491

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Directions: Hwy 11E (Bristol Hwy.) to Egypt Rd, to Silver Grove Rd
  • Prop. Type: Residential
  • Year Built: 1953
  • Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: In Foreclosure
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: Yes
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.34
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Bluff City
  • General Property Description Middle School2: East Middle
  • General Property Description High School3: West Ridge
  • Water Public: Yes
  • General Property Description Lot Dimensions: .34ac
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 990.0
  • General Property Description Above Grade SqFt: 990.0
  • AC Central Air: Yes
  • TopographyLot Description Level2: Yes
  • General Property Description Parcel ID2: 003.00
  • Style Ranch: Yes
  • Financing FHA: Yes
  • Exterior Finish Masonite: Yes
  • Roof Metal3: Yes
  • Property Condition Below Average: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: 1028

Interior Features

  • Has Basement: Partially Finished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • General Property Description Baths - Full: 1
  • Basement:Partially Finished: Yes

Exterior Features

  • Property Condition: Below Average
  • Roof: Metal
  • Acres: 0.34
  • Topography: Level
  • Home Warranty: No
  • Construction Type: Masonite

Garage/Parking

  • Parking Features: Gravel
  • Attached Garage: No
  • Parking Features:Gravel: Yes

Utilities

  • Heating: Central
  • Sewer: Septic Tank
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes

Schools

  • Elementary School: Bluff City
  • High School: West Ridge
  • Middle Or Junior School: East Middle

Lot Info

  • Zoning: Residential
  • Lot Dimensions: .34ac
  • Lot Size Sq Ft: 14810.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 003.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2018
Closed on
Jul 30, 2018
Sold by
Nationstar Mortgage Llc
Bought by
Secretary Of Hud
Seller's Agent
Gordon Newman
Century 21 Legacy - Greeneville
Buyer's Agent
Terri Byers
Epique Realty
List Price
$57,500
Sold Price
$45,540
Premium/Discount to List
-$11,960
-20.8%
Current Estimated Value
$190,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,550
Avg. Annual Appreciation
22.07%

Purchase Details

Listed on
Feb 5, 2018
Closed on
Jul 26, 2018
Sold by
Carson Ben
Bought by
Byers Jennifer R
Seller's Agent
Gordon Newman
Century 21 Legacy - Greeneville
Buyer's Agent
Terri Byers
Epique Realty
List Price
$57,500
Sold Price
$45,540
Premium/Discount to List
-$11,960
-20.8%

Purchase Details

Closed on
Nov 6, 2017
Sold by
Nationstar Mortgage Llc
Bought by
Secretary Of Hud

Purchase Details

Closed on
Dec 27, 2016
Sold by
Ritchey Bryan J
Bought by
Nationstar Mtg Llc

Purchase Details

Closed on
Jan 9, 2006
Sold by
Larry Lacey
Bought by
Ritchey Bryan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
6.22%

Purchase Details

Closed on
Mar 18, 2004
Sold by
Hopson Michael W and Hopson Julia A
Bought by
Larry Lacey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,549
Interest Rate
5.62%

Purchase Details

Closed on
Apr 24, 2003
Sold by
Sec Of Hud
Bought by
Hopson Michael W

Purchase Details

Closed on
Oct 24, 2002

Purchase Details

Closed on
Jul 25, 2002
Sold by
Griffin Denise Sub Trustee
Bought by
Sec Of Hud

Purchase Details

Closed on
Mar 9, 1998
Sold by
Lynn Rhymer Gregory
Bought by
Jason Cumbow R and Jason Rebecca 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
Secretary Of Hud -- None Available
Byers Jennifer R $45,540 Classic Title Insurance Co
Secretary Of Hud -- None Available
Nationstar Mtg Llc $70,400 --
Ritchey Bryan J $73,000 --
Larry Lacey $61,500 --
Hopson Michael W $44,200 --
-- $62,100 --
Sec Of Hud $62,093 --
Jason Cumbow R $59,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ritchey Bryan J $79,068
Previous Owner Jason Cumbow R $73,000
Previous Owner Jason Cumbow R $60,549
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2018 07/31/18 Sold $45,540 -20.8% $46 / Sq Ft
06/27/2018 06/27/18 Pending -- -- --
02/05/2018 02/05/18 For Sale $57,500 -- $58 / 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 $491 $19,675 $2,825 $16,850
2023 $473 $19,675 $2,825 $16,850
2022 $473 $19,675 $2,825 $16,850
2021 $473 $19,675 $2,825 $16,850
2020 $479 $19,675 $2,825 $16,850
2019 $479 $18,650 $2,825 $15,825
2018 $476 $18,650 $2,825 $15,825
2017 $476 $18,650 $2,825 $15,825
2016 $437 $16,950 $2,825 $14,125
2014 $391 $16,944 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 402060

Tennessee/Virginia Regional MLS

APN: 097L-A-003.00