NOT LISTED FOR SALE

563 Timber Trail Sparta, TN 38583

Estimated Value: $148,000 - $214,000

1 Bed
1 Bath
1,604 Sq Ft
$113/Sq Ft Est. Value

Last Sold June 26, 2024

Last sale price $200,000 $125 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $1,000/month

Highlights

  • Lake Front
  • Views
  • 1-Story Property
  • No HOA
  • Landscaped with Trees
  • Central Heating and Cooling System

About This Home

As of June 2024

One-of-a-kind retreat. This cabin style home located in the Kee Acres Lake Community. This one bedroom, 1 bathroom on 2.3 acres has access to the lake, open floor plan, spacious living space with full kitchen with all appliances remaining with the home.

Last Agent to Sell the Property

Tamara England

First Realty Company Brokerage Phone: 9315281573 License #320306 Listed on: 09/27/2023

Last Buyer's Agent

Other Other Non Realtor

Other Non Member Office License #999999

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $453

Year Built

  • Built in 1991

Lot Details

  • 2.3 Acre Lot
  • Lake Front
  • Landscaped with Trees

Interior Spaces

  • 1,604 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 027.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$453

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Attribution Contact: 9315281573
  • Directions: From White County courthouse: travel East on Bockman Way/HWY 70 East toward Crossville. Left onto Flat Rock. Left onto Moonlight. Left onto Timber Trail. Home on Left with sign.
  • Unit Levels: One
  • Prop. Type: Residential
  • Year Built: 1991
  • Property Sub Type: Site Built
  • Lot Size Acres: 2.3
  • Lot Size: 2.3 Acres
  • Road Surface Type: Paved
  • Subdivision Name: Other
  • Carport Y N: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Electric Range, Microwave, Dryer
  • Has Basement: Crawl Space
  • Flooring: Pergo Style
  • Interior Amenities: Ceiling Fan(s)
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 1604
  • Window Features: Double Pane Windows

Exterior Features

  • Roof: Other
  • Lot Features: Trees
  • View: Private-Subdivision, Lake
  • View: Yes
  • Waterfront Features: Lake, Private-Subdivision
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Block
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers, VEC
  • Heating: Natural Gas, Electric, Central
  • Sewer: Septic Tank
  • Gas Company: Natural Gas, MTNG
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected
  • Water Source: Utility District, Bondecroft

Condo/Co-op/Association

  • Association: No

Lot Info

  • Farm Land Area Units: Square Feet
  • Parcel #: 027.00
  • Irrigation Water Rights: No

Tax Info

  • Tax Annual Amount: 452.54
  • Tax Book Number: 360
  • Tax Map Number: 038

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2023
Closed on
Jun 19, 2024
Sold by
Gipson Robin and Gipson Rita
Bought by
Strickland Roy C
Seller's Agent
Tamara England
First Realty Company
Buyer's Agent
Other Other Non Realtor
Other Non Member Office
List Price
$225,000
Sold Price
$200,000
Premium/Discount to List
-$25,000
-11.11%
Views
164
Current Estimated Value
$180,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,493
Avg. Annual Appreciation
0.55%
Original Mortgage
$150,000
Outstanding Balance
$38,490
Interest Rate
7.02%
Mortgage Type
Construction
Estimated Equity
$162,867

Purchase Details

Closed on
Aug 11, 2008
Sold by
Cmh Homes Inc
Bought by
Bobby Griswold

Purchase Details

Closed on
Apr 23, 2008
Sold by
Raymond Phifer
Bought by
Cmh Homes Inc

Purchase Details

Closed on
Oct 9, 2003
Sold by
Frances Phifer
Bought by
Raymond Phifer

Purchase Details

Closed on
May 4, 1988
Bought by
Henrich William H
Source: Public Records

Range of Values:

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Average Value
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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
Strickland Roy C $200,000 None Listed On Document
Bobby Griswold $25,000 --
Cmh Homes Inc $27,045 --
Raymond Phifer $22,900 --
Henrich William H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Strickland Roy C $150,000
Previous Owner Gipson Robin $55,000
Previous Owner Gipson Robin $2,000
Previous Owner Raymond Phifer $27,045
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2024 06/26/24 Sold $200,000 -7.0% $125 / Sq Ft
01/02/2024 01/02/24 Price Changed $215,000 -4.4% $134 / Sq Ft
09/27/2023 09/27/23 For Sale $225,000 -- $140 / Sq Ft
09/27/2023 09/27/23 Pending -- -- --
Source: Upper Cumberland 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 $453 $22,075 $6,625 $15,450
2023 $453 $22,075 $6,625 $15,450
2022 $453 $22,075 $6,625 $15,450
2021 $453 $22,075 $6,625 $15,450
2020 $453 $22,075 $6,625 $15,450
2019 $358 $17,450 $3,925 $13,525
2018 $358 $17,450 $3,925 $13,525
2017 $457 $17,450 $3,925 $13,525
2016 $130 $6,325 $3,925 $2,400
2015 $117 $6,325 $3,925 $2,400
2014 -- $6,325 $3,925 $2,400
2013 -- $5,800 $3,925 $1,875
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Cumberland Association of REALTORS®

MLS Number: 222470

Upper Cumberland Association of REALTORS®

APN: 038-027.00