NOT LISTED FOR SALE

5518 Russell Bros Rd Sharps Chapel, TN 37866

Chuck Swan Neighborhood

Estimated Value: $494,000 - $801,000

3 Beds
3.5 Baths
3,497 Sq Ft
$194/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $455,000 $130 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,249/month

59 Days on Market

Highlights

  • Home Theater
  • Deck
  • Wooded Lot
  • Mountain View
  • Contemporary Architecture
  • Bonus Room

About This Home

As of August 2020

Magnificent lakeview home with amazing sunsets and NO MAINTENANCE. Very spacious open concept main floor with 2 Master's on the main floor, with walk-in closets. Each room has a picturesque view of Norris Lake. Kitchen with breakfast bar & plentiful cupboard space and pantry. Extra large dining rm. Walk out to composite decking from living room. Downstairs has 1 bdrm that has full lakeview, and full bathroom, TV room, an amazing craft room with custom cabinets that looks out over the lake plus a spacious work shop! Lots of storage room. Extremely well built with 8.5'' foundation walls. Mariner's Club/dock will transfer with home. Lake access and private marina available. Many amenities available, fun & active community, gorgeous home, fantastic views. Don't miss this opportunity

Last Agent to Sell the Property

Margo McCaffery

Gables & Gates, REALTORS License #329264 Listed on: 02/24/2020

Last Buyer's Agent

Bobby Ellison

Ellison Realty License #303164

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,241

Year Built

  • Built in 2007

Lot Details

  • 1.44 Acre Lot
  • Wooded Lot

HOA Fees

  • $35 Monthly HOA Fees

Property Views

  • Mountain
  • Countryside Views
  • Forest

Home Design

  • Contemporary Architecture
  • Stone Siding
  • Rough-In Plumbing

Interior Spaces

  • 3,497 Sq Ft Home
  • ENERGY STAR Qualified Windows
  • Vinyl Clad Windows
  • ENERGY STAR Qualified Doors
  • Living Room
  • Dining Room
  • Home Theater
  • Bonus Room
  • Partially Finished Basement
  • Walk-Out Basement

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Garage
  • Parking Available
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Schools

  • H Maynard Middle School
  • Union County High School

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System

Community Details

  • Association fees include security, some amenities
  • Sunset Bay Subdivision

Listing and Financial Details

  • Assessor Parcel Number 040 577.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,241

Year Built

Built in 2007

Lot Details

0

HOA Fees

$35 per month

Listing Details

  • Directions: From Knoxville, Broadway (33) North through Maynardville, over the veterans bridge and (L) onto Sharps Chapel Rd. Follow approx. 6 miles and stay left at curve, continuing onto Big Valley Rd. follow into Sunset Bay. Continue on Russell Brothers Road, past clubhouse, once you pass Kites pass you are approx. 1 mile from the home, stay RIGHT at the top of the hill continue on Russell Brothers until you see mailbox with the #'s 5518. Come up the driveway and walk around the back of house to the lockbox on the railing next to door.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2007
  • Lot Size Acres: 1.44
  • Lot Size: IRR
  • Subdivision Name: Sunset Bay
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Smoke Detector, Self Cleaning Oven, Refrigerator, Microwave
  • Has Basement: Partially Finished, Plumbed, Walkout
  • Fireplace: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Flooring: Carpet, Vinyl
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Window - Energy Star, Windows - Vinyl, Patio, Deck, Doors - Storm, Doors - Energy Star
  • View: Mountain View, Country Setting, Wooded
  • Lot Features: Wooded
  • Construction Type: Fiber Cement, Stone

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage Door Opener, Side/Rear Entry, Main Level

Utilities

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

Condo/Co-op/Association

  • Association Fee: 420.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Fee Information

  • Association Fee Includes: Security, Some Amenities

Schools

  • High School: Union County
  • Middle Or Junior School: H Maynard

Lot Info

  • Lot Size Sq Ft: 62726.0
  • Parcel #: 040 577.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2020
Closed on
Aug 7, 2020
Sold by
Sullivan Clyde Timothy and Sullivan Nancy Sue
Bought by
Oleary Scott J and Jones Sally A
Seller's Agent
Margo McCaffery
Gables & Gates, REALTORS
Buyer's Agent
Bobby Ellison
Ellison Realty
Sold Price
$455,000
Current Estimated Value
$729,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,236
Avg. Annual Appreciation
12.76%
Original Mortgage
$160,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2005
Bought by
Sullivan Clyde Timothy Sullivan Nancy Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,560
Interest Rate
5.62%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Oleary Scott J $455,000 Cardinal Title Llc
Oleary Scott J $455,000 Cardinal Title Llc
Sullivan Clyde Timothy Sullivan Nancy Sue $88,400 --
Sullivan Clyde Timothy Sullivan Nancy Sue $88,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oleary Scott J $291,600
Closed Oleary Scott J $160,000
Previous Owner Sullivan Clyde Timothy $260,000
Previous Owner Sullivan Clyde T $271,000
Previous Owner Sullivan Clyde T $276,000
Previous Owner Sullivan Clyde Timothy $79,560
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2020 08/07/20 Sold $455,000 -- $130 / 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 $2,241 $117,950 $12,500 $105,450
2023 $2,241 $117,950 $12,500 $105,450
2022 $1,875 $117,950 $12,500 $105,450
2021 $2,681 $125,275 $18,750 $106,525
2020 $2,681 $125,275 $18,750 $106,525
2019 $2,681 $125,275 $18,750 $106,525
2018 $2,681 $125,275 $18,750 $106,525
2017 $2,681 $125,275 $18,750 $106,525
2016 $2,607 $120,150 $25,000 $95,150
2015 $2,607 $120,150 $25,000 $95,150
2014 $2,151 $120,159 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Margo McCaffery

    Gables & Gates, REALTORS

    (315) 430-1959

    66 in this area

    87 Total Sales

    Section Image

  • B

    Buyer's Agent in 2020

    Bobby Ellison

    Ellison Realty

    (865) 368-5286

    23 in this area

    57 Total Sales

    Section Image
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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1108772

East Tennessee REALTORS® MLS

APN: 040-577.00

Tennessee Union County Sharps Chapel 37866 Chuck Swan

5518 Russell Bros Rd, Sharps Chapel, TN

This home is located at 5518 Russell Bros Rd, Sharps Chapel, TN 37866 since 24 February 2020 and is currently estimated at $679,558, approximately $194 per square foot. This property was built in 2007. 5518 Russell Bros Rd is a home located in Union County with nearby schools including Sharps Chapel Elementary School, H Maynard Middle School, and Union County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

East Tennessee REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.

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