$295,000
SOLD OCT 15, 2024

5561 Dearing Rd Talbott, TN 37877

3 Beds
-- Bath
1,480 Sq Ft
1.87 Acres

Recently Sold

$199 Per Sq Ft

17% Below List Price

90 Days on Market

Highlights

  • Home fronts a pond
  • Wooded Lot
  • Wood Flooring
  • Deck
  • Traditional Architecture
  • No HOA

About This Home

As of October 2024

Purchase a piece of history! This home was formally a railroad bunk house with the local railway. It now resides on 1.87 beautiful acres in the county and is situated among a number of mature hardwoods. The acreage rolls gently and boasts of numerous fruit trees, blueberry bushes and a garden area. The home offers 3 Bedrooms and 2 Full Bathrooms. The Main Living Area and Dining Area offer an open layout, creating a warm and inviting atmosphere, along with a Wood Stove for cozy Fall & Winter nights. The interior is designed with a Split Bedroom Layout, and the Master Bedroom is oversized...featuring its own Office Space and En-Suite Bathroom. Don't need the Office Space? This could easily be converted into a Walk-In-Closet! On the opposite side of the home 2 additional Bedrooms can be found, along with a Full Bathroom. A spacious Kitchen blends space well as it flows from the Dining Area into the Galley Style Kitchen. Just off the Kitchen you will find a large Prep Area, offering additional Kitchen work space, along with a Built-In Pantry, The Laundry Area and access to the Open Back Deck. This property is level to gently rolling land with a scattering of trees on either side. A Detached Storage Building and Detached Garage give you that additional storage space everyone desires. When its time to unwind and relax, enjoy the day by sitting on the Back Deck or grab your sweet tea and head to the Covered Front Porch. You will definitely love this peaceful setting and convenient location! Call today to schedule an appointment!

Last Agent to Sell the Property

Lisa McMahan

Lakeway Real Estate License #258314 Listed on: 07/22/2024

Lakeway Real Estate

Co-Listed By

Kevin Breeden

Lakeway Real Estate License #312079

Last Buyer's Agent

NANCY ADAMS

Re/Max Real Estate Ten Midtown License #313138

Re/Max Real Estate Ten Midtown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $599

Year Built

  • Built in 1930 | Remodeled

Lot Details

  • 1.87 Acre Lot
  • Lot Dimensions are 280'x353'x258'x277'
  • Home fronts a pond
  • Property fronts a county road
  • Level Lot
  • Irregular Lot
  • Cleared Lot
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,480 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Tilt-In Windows
  • Blinds
  • Window Screens

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer
  • 220 Volts In Laundry

Accessible Home Design

  • Accessible Approach with Ramp

Outdoor Features

  • Deck
  • Covered patio or porch
  • Fire Pit

Schools

  • Alpha Elementary School
  • Westview Middle School
  • West High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Water Softener
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 053.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$599

Year Built

Built in 1930 | Remodeled

Lot Details

0

Listing Details

  • Year Built: 1930
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 1.87
  • Lot Size: 280'X353'X258'X277'
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Directions: From Jefferson City: Take Highway 11E toward Morristown; Turn Right onto Talbott Kansas Road & go approx. 1 mi.; Turn Left onto Knowling Loop Road; Stay straight onto Dearing Road; Property will be on the Right.
  • Above Grade Finished Sq Ft: 1480.0
  • Architectural Style: Traditional
  • New Construction: No
  • Structure Type: House
  • Location Tax and Legal:Tax Annual Amount: 598.9
  • Location Tax and Legal:Tax Year2: 2023
  • Location Tax and Legal:Parcel Number2: 053.01
  • Water Source:Public: Yes
  • General Property Information:Spa YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Cooling:Heat Pump: Yes
  • Foundation Details:Block3: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • Levels:One: Yes
  • Roof:Shingle: Yes
  • Cooling:Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring:Laminate: Yes
  • Laundry Features:Laundry Room: Yes
  • Utilities:Fiber Internet: Yes
  • Road Frontage Type:County Road: Yes
  • Appliances Microwave: Yes
  • Water Softeners: Yes
  • Flooring:Wood: Yes
  • Architectural Style:Traditional: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Water Connected: Yes
  • Electric:Circuit Breakers: Yes
  • Property Condition:UpdatedRemodeled: Yes
  • Utilities:Cable Connected: Yes
  • Flooring:Ceramic Tile: Yes
  • Electric 220 Volts in Laundry: Yes
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile, Laminate, Wood
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer, Water Softener, Other
  • Levels: One
  • Interior Amenities: Ceiling Fan(s), High Speed Internet, Laminate Counters, Pantry, Walk-In Closet(s)
  • Private Spa: No
  • Accessibility Features: Accessible Approach with Ramp
  • Basement YN: No
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 1480.0
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Window Features: Blinds, Double Pane Windows, Screens, Skylight(s), Tilt Windows, Vinyl Frames
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Other6: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Laminate Counters: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Fire Pit, Rain Gutters
  • Lot Features: Cleared, Gentle Sloping, Irregular Lot, Level, Wooded
  • Pool Features: None
  • Waterfront Features: Pond
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Deck, Front Porch
  • Property Condition: Updated/Remodeled
  • Lot Features:Gentle Sloping: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Level: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Double Pane Windows: Yes
  • Patio And Porch Features:Covered2: Yes
  • Window Features:Blinds: Yes
  • Window Features:Tilt Windows: Yes
  • Window Features:Vinyl Frames: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Frame: Yes
  • Window Features:Skylight(s): Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Irregular Lot: Yes
  • Exterior Features:Fire Pit: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Window Features:Screens: Yes
  • Accessibility Features:Accessible Approach with Ramp: Yes
  • Waterfront Features:Pond: Yes

Garage/Parking

  • Garage Yn: No
  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air, Electric, Heat Pump
  • Heating: Central, Electric, Heat Pump
  • Sewer: Septic Tank
  • Electric: 220 Volts in Laundry, Circuit Breakers
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, Electricity Connected, Water Connected, Fiber Internet
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Central: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Alpha Elementary
  • High School: West
  • Middle Or Junior School: Westview

Lot Info

  • Lot Size Sq Ft: 81457.2
  • Parcel #: 053.01
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 598.9
  • Tax Map Number: 055
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2024
Closed on
Oct 15, 2024
Sold by
Filip Michael
Bought by
Loop Sita L and Solis Robert A
Seller's Agent
Lisa McMahan
Lakeway Real Estate
Buyer's Agent
NANCY ADAMS
Re/Max Real Estate Ten Midtown
List Price
$354,900
Sold Price
$295,000
Premium/Discount to List
-$59,900
-16.88%
Total Days on Market
90
Views
37
Current Estimated Value
$304,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,998
Avg. Annual Appreciation
5.43%
Original Mortgage
$153,900
Outstanding Balance
$153,029
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$151,969

Purchase Details

Listed on
Jul 1, 2018
Closed on
Aug 1, 2018
Sold by
Wrightf Robert B
Bought by
Filip Michael and Dicarlo John
Seller's Agent
Ed Franklin
Franklin Realty, Inc
Buyer's Agent
Ed Franklin
Franklin Realty, Inc
List Price
$110,000
Sold Price
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.22%

Purchase Details

Closed on
Aug 17, 2017
Sold by
Wright Robert B
Bought by
Jordan Catherine Eileen

Purchase Details

Closed on
May 4, 2008
Sold by
Wright Robert B
Bought by
Wright Robert Bruce

Purchase Details

Closed on
Dec 31, 1992
Bought by
Wright Robert B

Purchase Details

Closed on
Jul 3, 1990
Bought by
Johnson Johnson J and Johnson Jacqueline H

Purchase Details

Closed on
Apr 25, 1970
Bought by
Carson George and Carson Maggie
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $295,000 Blue Ridge Title
Warranty Deed $110,000 None Available
Quit Claim Deed -- None Available
Deed -- --
Warranty Deed $64,900 --
Warranty Deed $47,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $153,900 New Conventional
Previous Owner $92,000 No Value Available
Previous Owner $95,950 No Value Available
Previous Owner $107,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2024 10/15/24 Sold $295,000 0.0% $199 / Sq Ft
08/28/2024 08/28/24 Pending -- -- --
08/13/2024 08/13/24 Price Changed $295,000 -16.9% $199 / Sq Ft
07/22/2024 07/22/24 For Sale $354,900 0.0% $240 / Sq Ft
07/07/2024 07/07/24 Pending -- -- --
05/30/2024 05/30/24 For Sale $354,900 +222.6% $240 / Sq Ft
08/01/2018 08/01/18 Sold $110,000 0.0% $86 / Sq Ft
07/01/2018 07/01/18 Pending -- -- --
07/01/2018 07/01/18 For Sale $110,000 -- $86 / Sq Ft
Source: Lakeway Area Association of REALTORS®

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 $499 $25,325 $5,925 $19,400
2023 $499 $25,325 $0 $0
2022 $499 $25,325 $5,925 $19,400
2021 $473 $24,000 $5,925 $18,075
2020 $473 $24,000 $5,925 $18,075
2019 $490 $23,000 $5,925 $17,075
2018 $1,388 $23,000 $5,925 $17,075
2017 $1,388 $65,175 $11,500 $53,675
2016 $1,297 $65,175 $11,500 $53,675
2015 $1,206 $65,175 $11,500 $53,675
2014 -- $65,175 $11,500 $53,675
2013 -- $72,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 703864

Lakeway Area Association of REALTORS®

APN: 055-053.01