NOT LISTED FOR SALE

518 Farm Loop New Market, TN 37820

Estimated Value: $253,000 - $302,953

3 Beds
2 Baths
1,680 Sq Ft
$163/Sq Ft Est. Value

Last Sold November 15, 2022

Last sale price $245,000 $146 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,539/month

2 Days on Market

Highlights

  • Mountain View
  • Ranch Style House
  • No HOA
  • Deck
  • Cathedral Ceiling
  • Covered patio or porch

About This Home

As of November 2022

QUIET ONE-LEVEL LIVING! Located on just over an acre of partially wooded property, this comfortable home offers plenty of space both inside and out. Highlights include a bright open eat-in kitchen with breakfast bar & ample cabinet space, new flooring throughout, a high cathedral ceiling & cozy stone fireplace (wood-burning) in the main living area, and a large master suite with a garden tub, walk-in shower & walk-in closet. Relax on the covered back deck that overlooks the large level backyard. Plenty of parking/storage/workshop space in the 2-car carport and 2-car detached garage. HVAC less than 1 year old and the roof is less than 2 years old. Convenient location that less than 30 minutes from Knoxville, Jefferson City, Kodak, Sevierville, and Dandridge

Last Agent to Sell the Property

Holli McCray

Greater Impact Realty Knoxville License #285682 Listed on: 10/17/2022

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM License #105

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $388

Year Built

  • Built in 2005

Lot Details

  • 1.04 Acre Lot
  • Property fronts a county road
  • Level Lot

Parking

  • 2 Car Garage
  • Detached Carport Space

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 1,680 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Mountain Views
  • Crawl Space
  • Fire and Smoke Detector
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 9

Home Details

Home Type

Single Family

Est. Annual Taxes

$388

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Zoning: Residential
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Level
  • Road Frontage Type: County Road
  • Reso View: Mountain(s)
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: 710
  • Subdivision Name: Other
  • Above Grade Finished Sq Ft: 1680.0
  • Architectural Style: Ranch
  • Fireplace: Yes
  • Garage Yn: Yes
  • Unit Levels: One
  • Location Tax and Legal Tax Lot2: 9
  • Location Tax and Legal:Tax Annual Amount: 388.18
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Lot Size Acres: 1.04
  • General Property Information Above Grade Finished Area: 1680.0
  • General Property Information Bonus Room YN2: No
  • General Property Information Accessory Dwelling Unit YN2: No
  • General Property Information Home Warranty YN: No
  • General Property Information Construction Type2: Mobile
  • General Property Information View YN2: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Central Air: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Security Features:Smoke Detector(s): Yes
  • Land Features View Mountains: Yes
  • Water Source:Public: Yes
  • Road Frontage Type County Road: Yes
  • Levels:One: Yes
  • Architectural Style Ranch2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, None
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Walk-In Closet(s)
  • Street Number Modifier: 518
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • Basement:None3: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Acres: 1.04
  • View: Yes
  • Home Warranty: No
  • Construction Type: Frame, Vinyl Siding
  • Patio And Porch Features: Covered, Deck, Patio
  • Lot Features:Level: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck2: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached Carport
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: No
  • Parking Features:Detached Carport: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 45302.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 388.18
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2022
Closed on
Nov 15, 2022
Sold by
Parton James C
Bought by
Wheatley Timothy P and Wheatley Kelli
Seller's Agent
Holli McCray
Greater Impact Realty Knoxville
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
Sold Price
$245,000
Views
5
Current Estimated Value
$267,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,267
Avg. Annual Appreciation
0.08%
Original Mortgage
$183,000
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2015
Sold by
Jones David L
Bought by
Parton James C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,641
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 1, 2005
Bought by
Jones David L and Jones Cheryl H

Purchase Details

Closed on
Nov 30, 2004
Bought by
J&R Developers Llc

Purchase Details

Closed on
Jul 14, 1999
Bought by
Jones David L and Jones Cheryl
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wheatley Timothy P $245,000 Concord Title
Parton James C $75,000 --
Jones David L -- --
J&R Developers Llc -- --
Jones David L $250,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wheatley Timothy P $189,130
Closed Wheatley Timothy P $183,000
Previous Owner Parton James C $73,641
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2023 02/16/23 Off Market $245,000 -- --
11/15/2022 11/15/22 Sold $245,000 -- $146 / Sq Ft
10/19/2022 10/19/22 Pending -- -- --
Source: Great Smoky Mountains Association of REALTORS®

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
2023 $902 $39,200 $0 $0
2022 $388 $17,725 $7,000 $10,725
2021 $388 $17,725 $7,000 $10,725
2020 $388 $17,725 $7,000 $10,725
2019 $388 $17,725 $7,000 $10,725
2018 $395 $16,800 $5,000 $11,800
2017 $395 $16,800 $5,000 $11,800
2016 $395 $16,800 $5,000 $11,800
2015 $395 $16,800 $5,000 $11,800
2014 $395 $16,800 $5,000 $11,800
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2022

    Holli McCray

    Greater Impact Realty Knoxville

    Section Image

  • N

    Buyer's Agent in 2022

    NON MEMBER

    NON MEMBER FIRM

See All Agents

Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 254411

Great Smoky Mountains Association of REALTORS®

APN: 055H-B-011.00

Tennessee Jefferson County New Market 37820

518 Farm Loop, New Market, TN

This home is located at 518 Farm Loop, New Market, TN 37820 since 17 October 2022 and is currently estimated at $274,238, approximately $163 per square foot. This property was built in 2005. 518 Farm Loop is a home located in Jefferson County.

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.

Great Smoky Mountains Association of REALTORS® 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. Some or all of the listings displayed may not belong to the firm whose website is being visited. Information is deemed reliable but not guaranteed. Copyright 2025 Great Smoky Mountains Association of REALTORS®. All rights reserved.

Nearby Homes