$93,500
SOLD FEB 28, 2019

5320 Shipe Rd Corryton, TN 37721

3 Beds
1 Bath
1,069 Sq Ft
1.3 Acres

Recently Sold

$87 Per Sq Ft

6% Below List Price

48 Days on Market

Highlights

  • Contemporary Architecture
  • Shed
  • Level Lot
  • No HOA
  • Central Heating and Cooling System

About This Home

As of July 2021

SOLD AS-IS! Needs TLC! All kitchen appliances convey. Plenty of potential for end-user, flipper, or lessor. Recent updates/upgrades include new siding. Walls and ceiling need painting and trim work. Other cosmetic work is needed, and some repair work may be needed as well. Please do NOT schedule a showing if you or your buyer are ONLY looking for a turn-key home needing no improvements. GREAT LOCATION! Within convenient driving distance to many businesses and I-640, but feels rural, nonetheless. Great 1+ acre lot with barn. Cash/conventional is recommended, but FHA/VA eligibility/assessment to be performed by the buyers agent on site.

Last Agent to Sell the Property

Tracy King

Your Home Sold Guaranteed Real License #302880 Listed on: 12/14/2018

Your Home Sold Guaranteed Real

Last Buyer's Agent

NON-MLS NON-MEMBER

NON MEMBER FIRM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $462

Year Built

  • Built in 1963

Lot Details

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

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Cottage
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,069 Sq Ft Home
  • Pull Down Stairs to Attic

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Partial Basement

Outdoor Features

  • Shed
  • Outbuilding

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$462

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1963
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Level
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 612
  • Subdivision Name: Other
  • Above Grade Finished Sq Ft: 1069.0
  • Architectural Style: Contemporary, Cottage, Ranch
  • Garage Yn: No
  • Unit Levels: Basement Only
  • Reso Other Structures: Outbuilding, Shed(s), Storage
  • Location Tax and Legal Tax Lot2: -
  • Location Tax and Legal:Tax Annual Amount: 462.0
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Lot Size Acres: 1.3
  • General Property Information Above Grade Finished Area: 1069.0
  • General Property Information Below Grade Unfinished Area: 534.0
  • 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: Site Built
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Central Air: Yes
  • Roof:Composition: Yes
  • Water Source:Public: Yes
  • Road Frontage Type County Road: Yes
  • Other Structures:Shed(s): Yes
  • Other Structures Storage4: Yes
  • Architectural Style Ranch2: Yes
  • Other Structures:Outbuilding: Yes
  • Architectural Style:Contemporary: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Architectural Style Cottage: Yes
  • Levels Basement Only: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Partial, Walk-Out Access
  • Appliances: Electric Range, Microwave, Refrigerator, Self Cleaning Oven
  • Street Number Modifier: 5320
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Appliances:Electric Range: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Basement:Basement2: Yes
  • Basement:Walk-Out Access: Yes
  • Basement:Partial: Yes

Exterior Features

  • Exterior Features: Storage
  • Roof: Composition
  • Acres: 1.3
  • Home Warranty: No
  • Construction Type: Frame, Vinyl Siding
  • Lot Features:Level: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Exterior Features:Storage2: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • General Property Information:Garage YN: No

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: 56628.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 462.0
  • Tax Lot: -

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2021
Closed on
Jul 22, 2021
Sold by
Bentley Michael Alexander and Bentley Ashten
Bought by
Wallace David N
List Price
$199,000
Sold Price
$190,000
Premium/Discount to List
-$9,000
-4.52%
Current Estimated Value
$294,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,807
Avg. Annual Appreciation
11.05%
Original Mortgage
$190,000
Outstanding Balance
$172,475
Interest Rate
2.93%
Mortgage Type
VA
Estimated Equity
$122,332

Purchase Details

Listed on
Dec 14, 2018
Closed on
Feb 21, 2019
Sold by
Freyaldenhoven Jason
Bought by
Bentley Michael Alexander
Seller's Agent
Tracy King
Your Home Sold Guaranteed Real
Buyer's Agent
NON-MLS NON-MEMBER
NON MEMBER FIRM
List Price
$99,999
Sold Price
$93,500
Premium/Discount to List
-$6,499
-6.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.21%
Original Mortgage
$88,825
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 6, 2013
Closed on
Jun 20, 2013
Sold by
Watkins Torver E and Watkins Mary L
Bought by
Freyaldenhoven Jason
Seller's Agent
Norma Jean Bley
Lands End Real Estate & Auctio
Buyer's Agent
Laurie Sutton
ReMax Preferred Properties, In
Sold Price
$79,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.90%
Original Mortgage
$81,053
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2006
Sold by
Watkins Torbert and Watkins Bonnie
Bought by
Watkins Torver E and Burkhead Vickie
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 Type Sale Price Title Company
Warranty Deed $190,000 Independence T&E Svcs Inc
Warranty Deed $93,500 Independence T&E Svcs Inc
Warranty Deed $79,432 Tallent Title Group Inc
Quit Claim Deed -- Abstract Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $190,000 VA
Previous Owner $88,825 Adjustable Rate Mortgage/ARM
Previous Owner $81,053 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2021 07/26/21 Sold $190,000 -4.5% $178 / Sq Ft
06/05/2021 06/05/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $199,000 +112.8% $186 / Sq Ft
05/28/2020 05/28/20 Off Market $93,500 -- --
02/28/2019 02/28/19 Sold $93,500 -6.5% $87 / Sq Ft
01/31/2019 01/31/19 Pending -- -- --
12/14/2018 12/14/18 For Sale $99,999 +25.9% $94 / Sq Ft
06/20/2013 06/20/13 Sold $79,432 -- $74 / Sq Ft
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
2024 $706 $45,400 $0 $0
2023 $706 $45,400 $0 $0
2022 $706 $45,400 $0 $0
2021 $462 $21,800 $0 $0
2020 $462 $21,800 $0 $0
2019 $462 $21,800 $0 $0
2018 $462 $21,800 $0 $0
2017 $462 $21,800 $0 $0
2016 $329 $0 $0 $0
2015 $329 $0 $0 $0
2014 $329 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 219854

Great Smoky Mountains Association of REALTORS®

APN: 031-042