NOT LISTED FOR SALE

563 Forest Hills Dr New Tazewell, TN 37825

Estimated Value: $182,000 - $242,000

3 Beds
1.5 Baths
1,369 Sq Ft
$157/Sq Ft Est. Value

Last Sold April 26, 2019

Last sale price $65,000 $47 Per Sq Ft

Est. 230% increase in value since last sale

Current estimated payment $1,243/month

297 Days on Market

Highlights

  • 1.48 Acre Lot
  • No HOA
  • Attached Carport
  • Ranch Style House
  • Covered Patio or Porch
  • Central Heating and Cooling System

About This Home

As of April 2019

1980 Maintenance Free Brick Rancher with 3 bedrooms, 1 1/2 bathrooms. This home features a huge backyard, stone fireplace, and much more. Property owned by US Dept. of HUD. HUD case #481366068, Insured. ''IE, Subject to Appraisal.'' Seller makes no representations or warranties as to property condition. HUD Homes are sold ''AS IS.'' Equal Housing Opportunity. Seller may contribute up to 3% for buyer's closing costs, upon buyer request.

Last Agent to Sell the Property

SARAH RICHARDS

Spring Mountain Realty, PLLC License #326803 Listed on: 06/12/2018

Last Buyer's Agent

SARAH RICHARDS

Spring Mountain Realty, PLLC License #326803 Listed on: 06/12/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $662

Year Built

  • Built in 1980

Lot Details

  • 1.48 Acre Lot
  • Level Lot

Parking

  • 1 Car Garage
  • Attached Carport

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,369 Sq Ft Home
  • Living Room with Fireplace
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 085.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$662

Year Built

Built in 1980

Lot Details

0

Parking

1

Listing Details

  • Carport Y N: No
  • Year Built: 1980
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.48
  • Lot Size: 0/0/0/0
  • Subdivision Name: None
  • Directions: Hwy 25 E to left onto Broad Street to Right onto Harmon Road to right onto Forest Hills Drive, turn left onto Forest Hills Drive, the home driveway is on the right in the back.
  • Above Grade Finished Sq Ft: 1369.0
  • Architectural Style: Ranch
  • New Construction: No
  • Location Tax and Legal:Tax Annual Amount: 662.47
  • Location Tax and Legal:Tax Year2: 2017
  • Location Tax and Legal:Parcel Number2: 085.00
  • General Property Information:Lot Size Acres: 1.48
  • General Property Information:Lot Size Dimensions: 0/0/0/0
  • General Property Information:Waterfront YN: No
  • Water Source:Public: Yes
  • General Property Information:Bathrooms Half: 1
  • General Property Information:Living Area2: 1369.0
  • General Property Information:Above Grade Finished Area: 1369.0
  • General Property Information:New Construction YN: No
  • General Property Information:Fireplace YN: Yes
  • General Property Information:Spa YN: No
  • General Property Information:Home Warranty YN: No
  • Additional Dwelling:Additional Dwelling YN: No
  • Architectural Style:Ranch: Yes
  • Flooring:Carpet: Yes
  • Levels:One: Yes
  • General Property Information:Basement YN: No
  • Flooring:Vinyl: Yes
  • Cooling:Central Air: Yes
  • Cooling:Electric: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Dishwasher, Electric Water Heater
  • Levels: One
  • Private Spa: No
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1369.0
  • Appliances Dishwasher: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Living Room: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Lot Features: Level
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick
  • Patio And Porch Features: Covered, Porch
  • Construction Materials:Brick: Yes
  • Lot Features:Level: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Porch: Yes

Garage/Parking

  • Garage Yn: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Attached Carport
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • General Property Information:Carport YN: No
  • Parking Features:Attached Carport: Yes

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Central: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Fee Frequency: Monthly

Lot Info

  • Lot Size Sq Ft: 64468.8
  • Parcel #: 085.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 662.47
  • Tax Map Number: 107C
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2018
Closed on
Apr 23, 2019
Sold by
Carson Ben
Bought by
Barnett Arlis S
Seller's Agent
SARAH RICHARDS
Spring Mountain Realty, PLLC
Buyer's Agent
SARAH RICHARDS
Spring Mountain Realty, PLLC
List Price
$92,950
Sold Price
$65,000
Premium/Discount to List
-$27,950
-30.07%
Current Estimated Value
$214,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,549
Avg. Annual Appreciation
20.88%

Purchase Details

Closed on
Mar 16, 2018
Sold by
Land Home Financial Services Inc
Bought by
Secretary Of Hud

Purchase Details

Closed on
Jan 19, 2018
Sold by
Arrieta Freddie and Arrieta Monica R
Bought by
Land Home Financial Services Inc

Purchase Details

Listed on
Feb 14, 2014
Closed on
Jun 19, 2014
Sold by
Vance Thelma H
Bought by
Arrieta Freddie and Arrieta Monica R
Seller's Agent
Larry Sharp
Turn Key Realty
Buyer's Agent
dawnoneil ONeil
RE/MAX Renaissance Realtors
Sold Price
$84,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.71%
Original Mortgage
$81,542
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 1, 1979
Bought by
Vance Thelma

Purchase Details

Closed on
Jan 1, 1978

Purchase Details

Closed on
Jan 1, 1976
Bought by
Vance Thelma

Purchase Details

Closed on
Jan 2, 1900
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
Barnett Arlis S $65,000 None Available
Secretary Of Hud -- None Available
Land Home Financial Services Inc $65,600 None Available
Arrieta Freddie $84,500 --
Vance Thelma -- --
-- $8,500 --
Vance Thelma -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arrieta Freddie $81,542
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2019 04/26/19 Sold $65,000 -30.1% $47 / Sq Ft
04/05/2019 04/05/19 Pending -- -- --
06/12/2018 06/12/18 For Sale $92,950 +10.0% $68 / Sq Ft
06/19/2014 06/19/14 Sold $84,500 -- $66 / 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 $816 $34,875 $6,475 $28,400
2023 $816 $34,875 $6,475 $28,400
2022 $698 $34,875 $6,475 $28,400
2021 $662 $25,700 $6,475 $19,225
2020 $662 $25,700 $6,475 $19,225
2019 $662 $25,700 $6,475 $19,225
2018 $662 $25,700 $6,475 $19,225
2017 $662 $25,700 $6,475 $19,225
2016 $671 $26,000 $6,550 $19,450
2015 $645 $26,000 $6,550 $19,450
2014 $645 $25,985 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 578774

Lakeway Area Association of REALTORS®

APN: 107C-A-085.00