NOT LISTED FOR SALE

556 Wilson Gap Rd Speedwell, TN 37870

Estimated Value: $358,000 - $556,194

-- Bed
2 Baths
858 Sq Ft
$533/Sq Ft Est. Value

Last Sold March 07, 2023

Last sale price $260,000 $303 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,497/month

2 Days on Market

Highlights

  • 50 Acre Lot
  • Private Lot
  • Level Lot
  • Mountain View
  • Wooded Lot
  • No Heating

About This Home

As of March 2023

50 Plus of prime mountain acreage with pasture, stream and a barn. Abundant wildlife, sunrise and sunset skys always giving a show. No restrictions. New driveway and culvert. Welcome to paradise in the Cumberland Mountains. 25 min to LMU and the KY Tunnel and a few more minutes to VA. Close to Norris Lake. On the Tackett Creek side of 63. ATV trails near property.

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $186

Lot Details

  • 50 Acre Lot
  • Lot Dimensions are 195x1483x126x1689x213x580x507x1054x606x400x240x281
  • Property fronts a county road
  • Private Lot
  • Level Lot
  • Wooded Lot

Home Design

  • Farm

Interior Spaces

  • Property has 3 Levels
  • Mountain Views

Utilities

  • No Cooling
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 088 00500 000

Property Details

Property Type

Other

Est. Annual Taxes

$186

Lot Details

0

Listing Details

  • Prop. Type: Farm
  • Habitable Residence: No
  • Unit Levels: Three Or More
  • ResoPropertyType: Farm
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Fireplace: No
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet

Exterior Features

  • Pool Private: No
  • Road Frontage Type: County Road
  • Road Surface Type: Other
  • View: Mountain(s)
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Cooling Y N: No
  • Heating Yn: No

Lot Info

  • Lot Features: Private, Rolling Slope, Wooded, Other, Level
  • Lot Size Acres: 50
  • Lot Size: 195x1483x126x1689x213x580x507x1054x606x400x240x281
  • Lot Size Units: Acres
  • Parcel #: 088 00500 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2023
Closed on
Mar 6, 2023
Sold by
Thomas Bradley J and Thomas Jillian C
Bought by
Brown Willis A and Brown Amanda
List Price
$275,000
Sold Price
$260,000
Premium/Discount to List
-$15,000
-5.45%
Views
5
Current Estimated Value
$457,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,097
Avg. Annual Appreciation
23.83%
Original Mortgage
$208,000
Outstanding Balance
$193,668
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$263,429

Purchase Details

Listed on
Dec 11, 2020
Closed on
Mar 8, 2021
Sold by
Nault Onesime Eugene
Bought by
Thomas Bradley J and Thomas Jillian C
Seller's Agent
Nicole Brickhouse
Turn Key Realty
Buyer's Agent
Dawn Risner
Turn Key Realty
List Price
$199,900
Sold Price
$175,000
Premium/Discount to List
-$24,900
-12.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.01%

Purchase Details

Closed on
Apr 25, 2006
Sold by
Nault Joy A
Bought by
Nault Onesime E

Purchase Details

Closed on
Jan 1, 1951
Bought by
Sweat Foster and Sweat Florence
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
Brown Willis A $260,000 --
Thomas Bradley J $175,000 None Available
Nault Onesime E -- --
Sweat Foster -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Willis A $208,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/07/2023 03/07/23 Sold $260,000 -5.5% $303 / Sq Ft
02/01/2023 02/01/23 Pending -- -- --
01/30/2023 01/30/23 For Sale $275,000 +57.1% $321 / Sq Ft
03/12/2021 03/12/21 Sold $175,000 -12.5% $204 / Sq Ft View Prior Sale
01/15/2021 01/15/21 Pending -- -- --
12/11/2020 12/11/20 For Sale $199,900 -- $233 / Sq Ft
Source: Realtracs

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 $1,197 $51,150 $10,550 $40,600
2023 $1,197 $9,325 $8,950 $375
2022 $187 $9,325 $8,950 $375
2021 $466 $18,075 $17,450 $625
2020 $466 $18,075 $17,450 $625
2019 $466 $18,075 $17,450 $625
2018 $466 $18,075 $17,450 $625
2017 $466 $18,075 $17,450 $625
2016 $499 $19,350 $18,075 $1,275
2015 $480 $19,350 $18,075 $1,275
2014 $480 $19,357 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    Nicole Brickhouse

    Turn Key Realty

  • Dawn Risner

    Buyer's Agent in 2021

    Dawn Risner

    Turn Key Realty

    (606) 499-7892

    73 Total Sales

    Dawn Risner
    Section Image
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Map

Source: Realtracs

MLS Number: 2870607

Realtracs

APN: 088-005.00

Tennessee Claiborne County Speedwell 37870

556 Wilson Gap Rd, Speedwell, TN

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