NOT LISTED FOR SALE

550 Sherm Mountain Rd Sneedville, TN 37869

Estimated Value: $145,917 - $161,000

2 Beds
1 Bath
740 Sq Ft
$210/Sq Ft Est. Value

Sale Details

Date Sold: February 25, 2022

Last sale price $130,000 $176 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $860 / mo

81 Days on Market

Highlights

  • Mountain View
  • Contemporary Architecture
  • Covered Patio or Porch
  • Deck
  • Wooded Lot
  • Walk-In Closet

About This Home

As of February 2022

GORGEOUS MIGHTY-MINI! Custom Built, 2-yr old home with Mountain Views on 1.43 Acres w/high-end equipment & finishes. CASH BUYERs TAKE a $12,000 PRICE REDUCTION! (see*below). It has energy-efficient super insulation, 6-inch wall construction, Anderson windows, vaulted ceilings, 6-panel solid wood doors, ceiling fans, hickory kitchen cabinets, black stainless appliances, & a large MBdrm w/walk-in closet. Its all-glass shower has 6 massage jet positions, a sound system, & a relaxing rain shower head. The 12 x 20 out building adds plenty to inside storage. A 2nd power pole & driveway is opposite the house w/space to add a garage. Enjoy high-speed internet, & low taxes, home insurance, & water costs. Appliances stay. COME SEE! *CASH DEAL IS A 30day CLOSING & NO CANCELLATION FOR SIGHT UNSEEN!!

Couch, 40'' big-screen TV, & 2 bar stools-negotiable. . LOCATION is 2 miles to town, where there's all you need for daily living--medical clinics, Regional Hospital, IGA Grocery, Co-Op, Hardware & Drug stores, several restaurants & gas stations, 2 banks, City Hall, & County Offices. Major hospitals & medical services, WalMart, Big Box stores & The Mall, are in 30-45 a minute drive. Gatlinburg, DollyWood, Knoxville, & Kingsport are 90 min or less. It's a mighty mini home designed with plenty of room! Couch, 40" big-screen TV, & 2 bar stools-negotiable. LOCATION is 2 miles to town, where there's all you need for daily living--medical clinics, Regional Hospital, IGA Grocery, Co-Op, Hardware & Drug stores, several restaurants & gas stations, 2 banks, City Hall, & County Offices. Major hospitals & medical services, WalMart, Big Box stores & The Mall, are all within 45 a minute drive. Gatlinburg, DollyWood, Knoxville, & Kingsport are 90 min or less. It's a mighty mini home designed with plenty of room!

Last Agent to Sell the Property

TERESA SUAREZ

Creek Country Real Estate License #324741 Listed on: 11/06/2021

Last Buyer's Agent

TERESA SUAREZ

Creek Country Real Estate License #324741 Listed on: 11/06/2021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2019

Lot Details

  • 1.43 Acre Lot
  • Level Lot
  • Wooded Lot
  • Property is in average condition

Parking

  • Gravel Driveway

Home Design

  • Contemporary Architecture
  • Cottage
  • Cabin
  • Wood Siding

Interior Spaces

  • 740 Sq Ft Home
  • Mountain Views
  • Crawl Space

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Schools

  • Hancock Co Elementary School
  • Hancock Middle School
  • Hancock High School

Utilities

  • Cooling Available
  • Heating Available
  • Private Water Source
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 044 012.0

Home Details

Home Type

Single Family

Year Built

Built in 2019

Lot Details

1.43 Acres

Listing Details

  • Directions: Turn into Campbell St from Main Hwy in Sneedville, and follow to RIGHT onto S Ferguson Rd (NOT Ferguson Cemetery Rd), to Sherm Mountain Rd TURN LEFT, and follow past Pigsaw Church. Enter property up the driveway on the right. See Address sign at property & Location Map in Docs. No RE Signs
  • Prop. Type: Residential
  • Year Built: 2019
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Not In Subdivision
  • Architectural Style: Cabin, Contemporary, Cottage
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 1.43
  • General Property Description Zoning2: None
  • General Property Description Elementary School3: Hancock Co
  • General Property Description Middle School2: Hancock
  • General Property Description High School3: Hancock
  • General Property Description Lot Dimensions: IRREGULAR
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 740.0
  • General Property Description Above Grade SqFt: 740.0
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Tile2: Yes
  • General Property Description Parcel ID2: 044 012.0
  • Other Structures Shed(s): Yes
  • View Mountain(s): Yes
  • TopographyLot Description Rolling Slope: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Laminate: Yes
  • Property Condition Average: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • TopographyLot Description Wooded: Yes
  • Water Private: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Flooring: Laminate, Tile
  • Interior Amenities: Walk-In Closet(s), Other
  • Window Features: Other
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • General Property Description Baths - Full: 1
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Other19: Yes
  • BasementFoundation:Other25: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Other
  • Other Structures: Shed(s)
  • View: Mountain(s)
  • Acres: 1.43
  • Topography: Level, Rolling Slope, Wooded
  • Home Warranty: No
  • Construction Type: Wood Siding, Other
  • Foundation Details: Other
  • Patio And Porch Features: Covered, Deck, Porch
  • Exterior Finish Wood Siding: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Deck: Yes
  • PorchPatioDeck Porch: Yes

Garage/Parking

  • Parking Features: Gravel, Other
  • Attached Garage: No
  • Parking Features:Gravel: Yes
  • Parking Features:Other13: Yes

Utilities

  • Heating: Other
  • Sewer: Septic Tank
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Other
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Private, Well
  • Sewer Septic Tank: Yes
  • Water Well: Yes
  • Heating:Other12: Yes

Schools

  • Elementary School: Hancock Co
  • High School: Hancock
  • Middle Or Junior School: Hancock

Lot Info

  • Zoning: None
  • Lot Dimensions: IRREGULAR
  • Lot Size Sq Ft: 62290.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 044 012.0
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2021
Closed on
Feb 24, 2022
Sold by
Gary Edgerle
Bought by
Martin Robert Joseph
Seller's Agent
TERESA SUAREZ
Creek Country Real Estate
Buyer's Agent
TERESA SUAREZ
Creek Country Real Estate
List Price
$145
Sold Price
$130,000
Premium/Discount to List
$129,855
89617.05%
Current Estimated Value
$155,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,306
Avg. Annual Appreciation
4.39%
Original Mortgage
$125,000
Outstanding Balance
$115,948
Interest Rate
3.92%
Mortgage Type
VA
Estimated Equity
$39,358

Purchase Details

Closed on
Dec 3, 2013
Sold by
Barber Judy H
Bought by
Montgomery Johnny D

Purchase Details

Closed on
Nov 18, 2001
Bought by
Barber Judy H

Purchase Details

Closed on
Oct 16, 1990
Bought by
Mullins Roy

Purchase Details

Closed on
Jan 1, 1980
Bought by
Mullins Roy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Martin Robert Joseph -- Lakeway Title
Montgomery Johnny D $5,500 --
Barber Judy H $5,000 --
Mullins Roy $2,300 --
Mullins Roy -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Robert Joseph $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2022 02/25/22 Sold $130,000 +89617.0% $176 / Sq Ft
01/04/2022 01/04/22 Pending -- -- --
10/14/2021 10/14/21 For Sale $145 -- $0 / Sq Ft
Source: Tennessee/Virginia Regional MLS

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
2025 $518 $23,350 $3,000 $20,350
2024 $518 $23,350 $3,000 $20,350
2023 $518 $23,350 $3,000 $20,350
2022 $518 $23,350 $3,000 $20,350
2021 $331 $14,900 $1,675 $13,225
2020 $190 $8,550 $2,025 $6,525
2019 $170 $8,550 $2,025 $6,525
2018 $54 $2,425 $1,125 $1,300
2017 $54 $2,425 $1,125 $1,300
2016 $64 $2,900 $1,350 $1,550
2015 $64 $2,900 $1,350 $1,550
2014 $64 $2,889 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9929894

Tennessee/Virginia Regional MLS

APN: 044-012.02

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