NOT LISTED FOR SALE

5345 Morgan Co Hwy Unit 5345 Lancing, TN 37770

Estimated Value: $378,000 - $642,000

3 Beds
1.5 Baths
1,408 Sq Ft
$368/Sq Ft Est. Value

Last Sold March 11, 2022

Last sale price $479,900 $341 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,885/month

55 Days on Market

Highlights

  • 77 Acre Lot
  • Deck
  • Creek On Lot
  • Mountain View
  • Private Lot
  • Lake, Pond or Stream

About This Home

As of March 2022

The HOME you have been waiting to come on the Market! Very secluded area with 77 +/- acres; only 40 minutes to Oak Ridge & less than 60 minutes to Knoxville!
The Living Room and Dining area has Vaulted Ceiling with wood beam and beautiful wood floors (10 yrs old) & you must see the Over/Under Stone Fireplace & Beautiful Wood Stairway Banisters and steps going down into the Large Full Unfinished 10 ft Ceiling Basement with Block Walls. The water-supply has UV- light installed New- Sterilize well water. Master Bedroom on the Main Level with a half bath and nice walk-in closet. The Exterior Walls are Wood and Stone. A little peaceful flat area with iron rod decorative fencing out back to sit and enjoy nature while sipping coffee unless you are a hot or cold tea drinker! The Stone was hand-picked off the land and looks beautiful on the Attached 3 car carport with extra room to sit under and relax and enjoy a breath of fresh air! You also have the front deck to enjoy looking over some of the property. The land is mostly wooded but has a nice rolling lot and close to the entrance is nice flat area with creek around and would be a great place to make a big garden or plan some great gatherings for family & friends. Also, a small Pond to enjoy and the Trees have never been Timbered! The Detached 2 Car Garage or Workshop is a great place to spend a little quiet time as you work on your hobbies! This is a MUST SEE and you will want to call it your FOREVER HOME, just as the seller loved making it their forever home!

Last Agent to Sell the Property

Rita Vestal

Wallace License #342533 Listed on: 08/27/2021

Wallace

Last Buyer's Agent

April Wiseman

Crye-Leike Realtors South, Inc License #355414

Crye-Leike Realtors South, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,621

Year Built

  • Built in 1973

Lot Details

  • 77 Acre Lot
  • Private Lot
  • Wooded Lot

Property Views

  • Mountain
  • Countryside Views
  • Forest

Home Design

  • Traditional Architecture
  • Wood Siding
  • Stone Siding
  • Rough-In Plumbing

Interior Spaces

  • 1,408 Sq Ft Home
  • 2 Fireplaces
  • Stone Fireplace
  • Living Room
  • Dining Room
  • Unfinished Basement

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Carport

Outdoor Features

  • Creek On Lot
  • Lake, Pond or Stream
  • Deck
  • Separate Outdoor Workshop

Schools

  • Central Middle School
  • Central High School

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 075 038.02 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,621

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Directions: From I-40W/I-75S, take Exit 376 toward TN-62N/Oak Ridge/i-140/Maryville. Go .27 miles-merge onto Pellissippi Pkwy/TN-162N via Exit 376A toward Oak Ridge. Continue 5.87 miles-merge onto TN-62W via exit on the left toward Oak Ridge. Go 12.01 miles, turn right onto Winter Gap Rd/TN-62, continue to follow TN-62. Go 18 miles-stay straight to go onto Morgan Co Hwy/US27N/TN-29, then only .94 miles to 5345 Morgan Co Hwy. See sign at road.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1973
  • Lot Size Acres: 77.0
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Microwave, Washer
  • Has Basement: Plumbed, Unfinished
  • Fireplace: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Stone
  • Fireplaces: 2
  • Flooring: Hardwood, Vinyl

Exterior Features

  • Exterior Features: Deck
  • View: Mountain View, Country Setting, Wooded
  • Lot Features: Creek, Private, Pond, Wooded
  • Construction Type: Stone, Wood Siding
  • Other Structures: Workshop

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached, Carport

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes

Schools

  • High School: Central
  • Middle Or Junior School: Central

Lot Info

  • Lot Size Sq Ft: 3354120.0
  • Parcel #: 075 038.02 000
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2021
Closed on
Mar 11, 2022
Sold by
Butcher Anita R
Bought by
Hsu Sara
Seller's Agent
Rita Vestal
Wallace
Buyer's Agent
April Wiseman
Crye-Leike Realtors South, Inc
Sold Price
$479,900
Total Days on Market
55
Current Estimated Value
$518,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,430
Avg. Annual Appreciation
5.00%
Original Mortgage
$383,920
Outstanding Balance
$320,906
Interest Rate
3.15%
Mortgage Type
Balloon
Estimated Equity
$240,556

Purchase Details

Closed on
Jul 25, 1970
Bought by
Butcher Wade
Source: Public Records

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Range of Values:

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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
Hsu Sara $479,900 Genesis Real Estate Title
Butcher Wade -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hsu Sara $383,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2022 03/11/22 Sold $479,900 -- $341 / Sq Ft
Source: East Tennessee REALTORS® 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 $1,621 $59,600 $15,050 $44,550
2023 $1,621 $59,600 $15,050 $44,550
2022 $1,621 $59,600 $15,050 $44,550
2021 $1,621 $59,600 $15,050 $44,550
2020 $1,349 $59,600 $15,050 $44,550
2019 $1,349 $41,250 $12,150 $29,100
2018 $1,349 $41,250 $12,150 $29,100
2017 $1,304 $41,250 $12,150 $29,100
2016 $1,304 $41,250 $12,150 $29,100
2015 $1,279 $41,250 $12,150 $29,100
2014 $1,243 $40,100 $9,600 $30,500
2013 $1,243 $40,102 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1165608

East Tennessee REALTORS® MLS

APN: 075-038.02