NOT LISTED FOR SALE

519 Simpson Ln Bean Station, TN 37708

Estimated Value: $414,186 - $671,000

3 Beds
2.5 Baths
3,040 Sq Ft
$176/Sq Ft Est. Value

Last Sold June 22, 2018

Last sale price $340,000 $112 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,921/month

234 Days on Market

Highlights

  • Lake View
  • Contemporary Architecture
  • No HOA
  • Lake Privileges
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of June 2018

Majestic Views of Cherokee Lake in the prestigious community of Oliver Estates. Amenities include, lake access. First floor Master suite, and hardwood floors throughout. Enjoy the views of the lake from your front covered porch. Fully finished lower level featuring a bedroom, living room, bathroom, also access to the outside for your enjoyment. Come and see this one today, won't last long!

Last Agent to Sell the Property

SARAH RICHARDS

Spring Mountain Realty, PLLC License #326803 Listed on: 09/02/2017

Last Buyer's Agent

SARAH RICHARDS

Spring Mountain Realty, PLLC License #326803 Listed on: 09/02/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $880

Year Built

  • Built in 2008

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Parking Accessed On Kitchen Level

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2-Story Property
  • Blinds
  • Living Room with Fireplace
  • Lake Views
  • Laundry on main level

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Lake Privileges
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Oliver Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 001.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$880

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Carport Y N: No
  • Year Built: 2008
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Lot Size: 0/0/0/0
  • Subdivision Name: Oliver Estates
  • Directions: Hwy 25E, to right on Lakeshore, to left on Wildcat, to left on Simpson Lane, to house on left
  • Above Grade Finished Sq Ft: 2080.0
  • Architectural Style: Contemporary
  • New Construction: No
  • Location Tax and Legal:Tax Annual Amount: 880.28
  • Location Tax and Legal:Tax Year2: 2016
  • Location Tax and Legal:Parcel Number2: 001.00
  • General Property Information:Lot Size Acres: 0.16
  • General Property Information:Lot Size Dimensions: 0/0/0/0
  • General Property Information:Waterfront YN: No
  • Utilities:Cable Available: Yes
  • Water Source:Public: Yes
  • General Property Information:Bathrooms Half: 1
  • General Property Information:Living Area2: 3040.0
  • General Property Information:Above Grade Finished Area: 2080.0
  • General Property Information:Below Grade Finished Area: 960.0
  • General Property Information:New Construction YN: No
  • General Property Information:Fireplace YN: Yes
  • General Property Information:Spa YN: No
  • General Property Information:Home Warranty YN: No
  • Additional Dwelling:Additional Dwelling YN: No
  • Flooring:Tile: Yes
  • Room Types:Basement3: Yes
  • General Property Information:Basement YN: Yes
  • Flooring:Hardwood: Yes
  • Levels:Two: Yes
  • Cooling:Central Air: Yes
  • Cooling:Electric: Yes
  • Appliances Microwave: Yes
  • Architectural Style:Contemporary: Yes
  • Laundry Features:Main Level: Yes
  • View:Lake3: Yes
  • Utilities:DSL Internet: Yes
  • Utilities:Satellite Internet: Yes
  • Percent Basement Finished: Yes
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile, Other
  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Microwave
  • Basement: Finished, Full, Walk-Out Access
  • Levels: Two
  • Private Spa: No
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 960.0
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 3040.0
  • Window Features: Blinds
  • Appliances:Electric Oven: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Living Room: Yes
  • Appliances:Electric Water Heater: Yes
  • Basement:Walk-Out Access: Yes
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Rolling Slope
  • Waterfront Features: Lake Privileges
  • Waterfront: No
  • Home Warranty: No
  • Patio And Porch Features: Covered, Porch
  • Lot Features:Level: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Porch: Yes
  • Lot Features:Rolling Slope: Yes
  • Window Features:Blinds: Yes
  • Waterfront Features:Lake Privileges: Yes

Garage/Parking

  • Garage Yn: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage, Kitchen Level, Parking Pad
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage: Yes
  • Parking Features:Kitchen Level: Yes
  • General Property Information:Carport YN: No
  • Parking Features:Parking Pad: Yes

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric, Heat Pump
  • Sewer: Septic Tank
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, DSL Internet, Satellite Internet
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Central: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Fee Frequency: Monthly

Lot Info

  • Lot Size Sq Ft: 6969.6
  • Parcel #: 001.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 880.28
  • Tax Map Number: 043J
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2017
Closed on
Jun 22, 2018
Sold by
Kendrick Louetona and Last Will And Testament Of Joe
Bought by
Mcadams Thomas D and Mcadams Rachel Ann
Seller's Agent
SARAH RICHARDS
Spring Mountain Realty, PLLC
Buyer's Agent
SARAH RICHARDS
Spring Mountain Realty, PLLC
List Price
$379,900
Sold Price
$340,000
Premium/Discount to List
-$39,900
-10.5%
Current Estimated Value
$534,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,047
Avg. Annual Appreciation
6.36%
Original Mortgage
$306,000
Outstanding Balance
$265,231
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$268,816

Purchase Details

Closed on
Dec 2, 2006
Bought by
Kendrick Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
6.29%
Mortgage Type
Cash

Purchase Details

Closed on
Dec 29, 1982
Bought by
Johnson Fleetwood
Source: Public Records

Range of Values:

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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
Mcadams Thomas D $340,000 Stewart Title Company
Kendrick Joe $15,000 --
Johnson Fleetwood -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcadams Thomas D $306,000
Previous Owner Johnson Fleetwood $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2018 06/22/18 Sold $340,000 -10.5% $112 / Sq Ft
04/24/2018 04/24/18 Pending -- -- --
09/02/2017 09/02/17 For Sale $379,900 -- $125 / Sq Ft
Source: Lakeway Area 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
2024 $1,079 $45,925 $7,500 $38,425
2023 $1,079 $45,925 $7,500 $38,425
2022 $1,055 $45,925 $7,500 $38,425
2021 $1,055 $45,925 $7,500 $38,425
2020 $1,100 $45,925 $7,500 $38,425
2019 $1,100 $39,275 $7,350 $31,925
2018 $880 $39,275 $7,350 $31,925
2017 $880 $36,375 $7,350 $29,025
2016 $880 $36,375 $7,350 $29,025
2015 $819 $36,375 $7,350 $29,025
2014 $819 $32,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 574859

Lakeway Area Association of REALTORS®

APN: 043J-D-001.00