NOT LISTED FOR SALE

553 Farm Loop New Market, TN 37820

Estimated Value: $158,505 - $320,000

3 Beds
2 Baths
1,904 Sq Ft
$132/Sq Ft Est. Value

Last Sold July 15, 2016

Last sale price $67,500 $35 Per Sq Ft

Est. 273% increase in value since last sale

Current estimated payment $1,370/month

73 Days on Market

Highlights

  • Deck
  • Solid Surface Countertops
  • Porch
  • Partially Wooded Lot
  • Skylights
  • Built-In Features

About This Home

As of July 2016

Spacious manufactured home on almost an acre lot. This 2000 mobile home has 1904 sq ft with 3 bedrooms and 2 full baths. Very open floor plan with living room, dining room, kitchen, and den. Living room and den share a stacked stone wood burning fireplace. Master bedroom has walk-in closet, dual vanities, garden tub and stand up shower. Other bedrooms have walk-in closets as well. Well laid out home with lots of natural light. House conveys with dishwasher and electric oven. No refrigerator. Home is on public water and has a 3 bedroom septic. County taxes are $419.48 per year. Large level lot. Mountain views. Home needs a few minor finishing touches but is move in ready. Seller will put on permanent foundation to meet FHA financing guidelines with accepted offer. Sellers have already moved and are motivated to sell. Conveniently located less than 10 minutes from I40. Easy commute to Morristown, Knoxville, or Pigeon Forge.

Last Agent to Sell the Property

Amy Shrader

REMAX Real Estate Ten of Morristown License #324868 Listed on: 04/12/2016

REMAX Real Estate Ten of Morristown

Property Details

Home Type

  • Mobile/Manufactured

Est. Annual Taxes

  • $428

Year Built

  • Built in 2000

Lot Details

  • 0.92 Acre Lot
  • Lot Dimensions are 100.25 x 384.4
  • Level Lot
  • Partially Wooded Lot
  • Garden
  • Property is in average condition

Parking

  • Gravel Driveway

Home Design

  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,904 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Skylights
  • Insulated Windows
  • Living Room with Fireplace
  • Den with Fireplace

Kitchen

  • Electric Range
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Garden Bath

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Deck
  • Porch

Mobile Home

  • Double Wide

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 055HB023.00

Property Details

Home Type

Mobile/Manufactured

Est. Annual Taxes

$428

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Directions: Take I40 to Exit 415. Turn left onto Russell Gap Rd. Go 6.5 miles and turn right onto Doane Rd. Go 0.8 miles and turn right onto Farm Loop Rd.
  • Prop. Type: Residential
  • Year Built: 2000
  • Body Type: Double Wide
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other, See Remarks
  • Unit Levels: One
  • New Construction: No
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.92
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Out Of Area
  • General Property Description Middle School2: Out Of Area
  • General Property Description High School3: Out Of Area
  • Water Public: Yes
  • General Property Description Lot Dimensions: 100.25 x 384.4
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1904.0
  • General Property Description Above Grade SqFt: 1904.0
  • AC Central Air: Yes
  • TopographyLot Description Level2: Yes
  • General Property Description Parcel ID2: 055HB023.00
  • General Property Description # Fireplaces: 1
  • Financing FHA: Yes
  • General Property Description Stories2: 1
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Flooring Laminate: Yes
  • Other Rooms Laundry: Yes
  • Roof Metal3: Yes
  • Property Condition Average: Yes
  • TopographyLot Description Part Wooded: Yes
  • Body Type Double Wide: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Foundation PillarPostPier: Yes
  • Levels One: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range
  • Flooring: Carpet, Laminate
  • Interior Amenities: Primary Downstairs, Built-in Features, Garden Tub, Solid Surface Counters, Walk-In Closet(s)
  • Window Features: Insulated Windows, Skylight(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Den, Living Room
  • Fireplaces: 1
  • Total Bedrooms: 8
  • General Property Description Baths - Full: 2
  • Interior Features:Solid Surface Counters: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace:Living Room: Yes
  • Fireplace:Den: Yes
  • Interior Features:Built-in Features: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features Garden Tub: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Metal
  • Exterior Features: Garden
  • Acres: 0.92
  • Topography: Level, Part Wooded
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Deck, Porch
  • Exterior Finish Vinyl Siding: Yes
  • Window Features:Insulated Windows: Yes
  • Exterior Features:Garden: Yes
  • PorchPatioDeck Deck: Yes
  • PorchPatioDeck Porch: Yes
  • Window Features:Skylight(s): Yes

Garage/Parking

  • Parking Features: Gravel, None
  • Attached Garage: No
  • Parking Features:Gravel: Yes

Utilities

  • Heating: Central, Electric
  • Sewer: Septic Tank
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric: Yes

Schools

  • Elementary School: Out Of Area
  • High School: Out Of Area
  • Middle Or Junior School: Out Of Area

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 100.25 x 384.4
  • Lot Size Sq Ft: 40075.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 055HB023.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 820

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2016
Closed on
Jul 15, 2016
Sold by
Swofford Mark
Bought by
Phillips Frankie
Seller's Agent
Amy Shrader
REMAX Real Estate Ten of Morristown
List Price
$82,500
Sold Price
$67,500
Premium/Discount to List
-$15,000
-18.18%
Current Estimated Value
$251,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,126
Avg. Annual Appreciation
15.29%

Purchase Details

Closed on
Aug 28, 2006
Sold by
J & R Developers Llc
Bought by
Mark Swofford

Purchase Details

Closed on
Nov 30, 2004
Bought by
J&R Developers Llc

Purchase Details

Closed on
Jul 14, 1999
Bought by
Jones David L and Jones Cheryl
Source: Public Records

Range of Values:

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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
Phillips Frankie $67,500 --
Mark Swofford $28,000 --
J&R Developers Llc -- --
Jones David L $250,800 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2016 07/15/16 Sold $67,500 -18.2% $35 / Sq Ft
06/24/2016 06/24/16 Pending -- -- --
04/11/2016 04/11/16 For Sale $82,500 -- $43 / Sq Ft
Source: Tennessee/Virginia Regional 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
2025 $428 $52,650 $9,000 $43,650
2023 $428 $18,625 $0 $0
2022 $408 $18,625 $7,000 $11,625
2021 $408 $18,625 $7,000 $11,625
2020 $408 $18,625 $7,000 $11,625
2019 $408 $18,625 $7,000 $11,625
2018 $419 $17,850 $5,000 $12,850
2017 $419 $17,850 $5,000 $12,850
2016 $419 $17,850 $5,000 $12,850
2015 $419 $17,850 $5,000 $12,850
2014 $419 $17,850 $5,000 $12,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 375517

Tennessee/Virginia Regional MLS

APN: 055H-B-023.00