Seller's Agent in 2022
Cindy Hill
Alco Builders & Realty Co
(423) 494-1387
114 Total Sales
514 Wilson Gap Rd Speedwell, TN 37870
Estimated Value: $472,000 - $680,583
5
Beds
3.5
Baths
4,194
Sq Ft
$137/Sq Ft
Est. Value
Highlights
- Mountain View
- Private Lot
- Traditional Architecture
- Deck
- Wooded Lot
- Wood Flooring
About This Home
As of April 2022Absolutely stunning Home with breathtaking views!! Home sits on beautiful 11.9 acres Want privacy? Well you got it !! This home offers 5 bd, 3 full bath, extra storage, Great room with large windows in the front to enjoy the beautiful mountain views. kitchen boast of black granite countertops, lots of cabinet space, built in oven, and large dining area to accommodate family dinners!! Master suite and laundry on the main floor. Master has double doors with access to deck and mountain views, large walk in closet and jacuzzi tub and walk in shower. Screened in porch on main floor to enjoy those peaceful evenings to unwind from a long day . Two bedrooms on upstairs level. Downstairs you will find a large open space with a Den area, 2 more bdrs, with full bath in between! Huge Detached Garage!! Functioning older Barn if your wanting Livestock and that country living set-up, We got you covered!!
This home has so much to offer, you must see to appreciate. Large back deck for entertaining family & friends !! Just a short distance to Norris Lake and ATV riding, 90 minutes from The Smokies, 20 min from Middlesboro Ky.(no sales tax )!! Also a 500 gallon water holding tank so you have great water pressure!! If your looking for your retirement home or that vacation home to get away and have some fun, you have found it all right here !! Call today for your private tour !! Sq Ft is approximate, buyer to verify.
Last Agent to Sell the Property
Alco Builders & Realty Co License #330249 Listed on: 08/26/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,762
Year Built
- Built in 2006
Lot Details
- 11.9 Acre Lot
- Private Lot
- Wooded Lot
Property Views
- Mountain Views
- Countryside Views
Home Design
- Traditional Architecture
- Cabin
- Cedar
Interior Spaces
- 4,194 Sq Ft Home
- Wood Burning Fireplace
- Stone Fireplace
- Insulated Windows
- Screened Porch
- Fire and Smoke Detector
- Finished Basement
Kitchen
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
Parking
- Detached Garage
- Parking Available
- Garage Door Opener
- Off-Street Parking
Outdoor Features
- Deck
Schools
- Cumberland Gap High School
Utilities
- Central Heating and Cooling System
- Heat Pump System
Listing and Financial Details
- Property Available on 8/31/21
- Assessor Parcel Number 075 002.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 26, 2021
Closed on
Apr 1, 2022
Sold by
Ford Richie E and Ford Diana L
Bought by
Gray Melinda and Gray Dean
Seller's Agent
Cindy Hill
Alco Builders & Realty Co
Buyer's Agent
Kim Trent
Spring Mountain Realty, PLLC
List Price
$619,900
Sold Price
$605,000
Premium/Discount to List
-$14,900
-2.4%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,104
Avg. Annual Appreciation
-1.46%
Original Mortgage
$544,500
Outstanding Balance
$513,664
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$60,232
Purchase Details
Closed on
Apr 13, 2015
Sold by
Ronald Petro
Bought by
Ford Richie E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,019
Interest Rate
3.75%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 4, 2004
Sold by
Ellison Angela
Bought by
Ronald Petro
Purchase Details
Closed on
Jan 1, 1978
Purchase Details
Closed on
Jan 2, 1973
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gray Melinda | $605,000 | Troutman Reid | |
| Gray Melinda | $605,000 | Troutman Reid | |
| Ford Richie E | $275,000 | -- | |
| Ronald Petro | $7,500 | -- | |
| -- | $15,000 | -- | |
| -- | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gray Melinda | $544,500 | |
| Closed | Gray Melinda | $544,500 | |
| Previous Owner | Ford Richie E | $270,019 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/01/2022 04/01/22 | Sold | $605,000 | -2.4% | $144 / Sq Ft |
| 02/06/2022 02/06/22 | For Sale | $619,900 | -- | $148 / Sq Ft |
Source: East Tennessee REALTORS® MLS
Tax History Compared to Growth
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 | $2,762 | $118,050 | $6,450 | $111,600 |
| 2023 | $2,762 | $118,050 | $6,450 | $111,600 |
| 2022 | $2,361 | $118,050 | $6,450 | $111,600 |
| 2021 | $2,267 | $87,950 | $6,775 | $81,175 |
| 2020 | $2,267 | $87,950 | $6,775 | $81,175 |
| 2019 | $2,267 | $87,950 | $6,775 | $81,175 |
| 2018 | $2,267 | $87,950 | $6,775 | $81,175 |
| 2017 | $2,267 | $87,950 | $6,775 | $81,175 |
| 2016 | $2,197 | $85,150 | $6,775 | $78,375 |
| 2015 | $2,112 | $85,150 | $6,775 | $78,375 |
| 2014 | $2,112 | $85,141 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Cindy Hill
-
Kim Trent
K
Buyer's Agent in 2022
Kim Trent
Spring Mountain Realty, PLLC
(423) 293-1147
6 Total Sales
Map
Source: East Tennessee REALTORS® MLS
MLS Number: 1165507
APN: 075-002.00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.
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