NOT LISTED FOR SALE

537 Hillis Cemetary Rd Spencer, TN 38585

Estimated Value: $500,000 - $586,416

3 Beds
2.5 Baths
1,521 Sq Ft
$352/Sq Ft Est. Value

Last Sold May 25, 2022

Last sale price $550,000 $362 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,936/month

Highlights

  • Barn
  • Countryside Views
  • Wooded Lot
  • 36.52 Acre Lot
  • Deck
  • Traditional Architecture

About This Home

As of May 2022

Do you want a home w/acreage tucked away in the heart of the beautiful Tennessee landscape? Start your farm today in this 3 Bed/2 Bath/1 Half-Bath 1521 sq ft home that includes 36.52 acres & a chicken house! You're 15 minutes from the local schools. Tinker with your vehicle under the detached carport; New porches on front (covered) and back (open); New 500-gallon propane tank. Home recently had a brand new 4-zone dual HVAC system installed, so you can run 2 separate temps at home! The gas log fireplace has never been hooked up! Garden area near home is fenced in w/rabbit wire to keep critters away from your garden! Home has a well & water treatment system for the cleanest drinking water you'll ever have! System in outbuilding. Property is Green Belt Cert! 2 hours to Nashville or Knoxville!

Last Agent to Sell the Property

Elijah Castelli

Elevate Real Estate License #302586 Listed on: 03/30/2022

Elevate Real Estate

Last Buyer's Agent

Elijah Castelli

Elevate Real Estate License #302586 Listed on: 03/30/2022

Elevate Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $967

Year Built

  • Built in 2005

Lot Details

  • 36.52 Acre Lot
  • Wooded Lot

Parking

  • Detached Garage

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,521 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Countryside Views
  • Crawl Space

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Spencer Middle School
  • Van Buren County High School

Additional Features

  • Barn
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 056 012.10

Home Details

Home Type

Single Family

Est. Annual Taxes

$967

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Directions: From VCCH: take Spring St to TN-111 S, turn R onto Pine Grove Rd, slight R onto Rte Davis Rd, go R onto Baker Mtn Rd, go L onto Hillis Cemetary Rd, house will be on your right, see sign!
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2005
  • Lot Size Acres: 36.52
  • Lot Size: 36.52 Acres
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Other
  • Fireplaces: 1
  • Flooring: Carpet, Hardwood

Exterior Features

  • Exterior Features: Porch - Covered, Deck
  • View: Country Setting
  • Lot Features: Wooded
  • Construction Type: Vinyl Siding
  • Other Structures: Barn(s)

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached

Utilities

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

Schools

  • High School: Van Buren County
  • Middle Or Junior School: Spencer

Lot Info

  • Lot Size Sq Ft: 1590811.2
  • Parcel #: 056 012.10
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2022
Closed on
May 25, 2022
Sold by
Osborne and Melissa
Bought by
Bradley James and Barros Stephanie
Seller's Agent
Elijah Castelli
Elevate Real Estate
Buyer's Agent
Elijah Castelli
Elevate Real Estate
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$535,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,146
Avg. Annual Appreciation
-1.86%
Original Mortgage
$275,000
Outstanding Balance
$263,464
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$253,386

Purchase Details

Listed on
Jan 14, 2014
Closed on
Nov 7, 2016
Sold by
Knowlton Robert L
Bought by
Osborne Chad and Osborne Melissa
Seller's Agent
Patricia Russell
Tennessee Mountain Realty Inc.
Buyer's Agent
Patricia Russell
Tennessee Mountain Realty Inc.
Sold Price
$205,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.37%
Original Mortgage
$195,605
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2005
Sold by
Not Provided
Bought by
Knowlton Robert L and Knowlton Joyce K

Purchase Details

Closed on
Sep 20, 2004
Bought by
Knowlton Robert L Joyce K Knowlton
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bradley James $550,000 Jmg Pllc
Osborne Chad $205,900 --
Knowlton Robert L -- --
Knowlton Robert L Joyce K Knowlton $54,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bradley James $275,000
Previous Owner Osborne Chad $195,605
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2022 05/25/22 Sold $550,000 0.0% $362 / Sq Ft
03/30/2022 03/30/22 For Sale $550,000 +167.1% $362 / Sq Ft
11/07/2016 11/07/16 Sold $205,900 0.0% $106 / Sq Ft
01/01/1970 01/01/70 Off Market $205,900 -- --
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 $967 $40,275 $9,925 $30,350
2023 $967 $40,275 $9,925 $30,350
2022 $967 $40,275 $9,925 $30,350
2021 $967 $40,275 $9,925 $30,350
2020 $949 $40,275 $9,925 $30,350
2019 $795 $34,400 $10,200 $24,200
2018 $655 $34,400 $10,200 $24,200
2017 $1,192 $61,775 $38,025 $23,750
2016 $1,141 $61,775 $38,025 $23,750
2015 $1,141 $59,100 $38,025 $21,075
2014 $1,156 $59,100 $38,025 $21,075
2013 $1,156 $63,155 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1185759

East Tennessee REALTORS® MLS

APN: 056-012.10