NOT LISTED FOR SALE

572 Corolla Rd Sparta, TN 38583

Estimated Value: $400,000 - $476,000

3 Beds
2 Baths
1,815 Sq Ft
$237/Sq Ft Est. Value

Sale Details

Date Sold: May 18, 2012

Last sale price $142,000 $78 Per Sq Ft

Est. 203% increase in value since last sale

Current estimated payment $2,411 / mo

257 Days on Market

Highlights

  • Lake, Pond or Stream
  • Bonus Room
  • Covered Patio or Porch
  • Traditional Architecture
  • No HOA
  • Separate Outdoor Workshop

About This Home

As of May 2012

21 Acre horse farm in the peaceful Bon Air/DeRosette area of Hwy 70. Home is very livable, but needs some work to make it perfect. Property is fenced, has a huge orchard and the pond is stocked. The property also has another home site with septic, utilities and a seperate entrance. This 1815 sq ft brick home has a spacious open concept living area with a very nice brick fireplace. The master bedroom has a Jacuzzi bathtub and the carport is patially enclosed ready to be finished into a garage or extra living space. Owner financing option. Well below tax appraisal and original purchase price.

Last Agent to Sell the Property

John Krismanits

Exit Rocky Top Realty Listed on: 08/16/2011

Last Buyer's Agent

John Krismanits

Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1974

Lot Details

  • 21.83 Acre Lot

Parking

  • Carport

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,815 Sq Ft Home
  • Brick Fireplace
  • Living Room
  • Dining Room
  • Bonus Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Dishwasher

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Lake, Pond or Stream
  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 051 059.00

Home Details

Home Type

Single Family

Year Built

Built in 1974

Lot Details

21.83 Acres

Listing Details

  • Directions: Hwy 70W towards Sparta. In Bon Air turn left (south) on Corolla Rd (by Bon Air market). Home is about 3/4 mile on the right. First pond you come to on the right. See Sign.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1974
  • Lot Size Acres: 21.83
  • Lot Size: 21.83 Acres
  • Subdivision Name: None
  • Architectural Style: Traditional
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Smoke Detector, Self Cleaning Oven
  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Brick
  • Fireplaces: 1
  • Flooring: Laminate, Vinyl

Exterior Features

  • Exterior Features: Patio, Porch - Covered, Cable Available (TV Only)
  • View: Other
  • Lot Features: Pond
  • Construction Type: Brick
  • Other Structures: Storage, Workshop

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 950914.8
  • Parcel #: 051 059.00
  • ResoLotSizeUnits: Acres

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2011
Closed on
May 18, 2012
Sold by
Bought by
Seller's Agent
John Krismanits
Exit Rocky Top Realty
Buyer's Agent
John Krismanits
Berkshire Hathaway HomeService
Sold Price
$142,000
Current Estimated Value
$430,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,883
Avg. Annual Appreciation
8.19%
Original Mortgage
$120,700
Outstanding Balance
$83,031
Interest Rate
3.9%
Mortgage Type
Commercial
Estimated Equity
$347,852

Purchase Details

Closed on
Apr 4, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.03%

Purchase Details

Closed on
Apr 17, 1979
Bought by

Purchase Details

Closed on
Jan 1, 1979
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$142,000 --
$370,000 --
-- --
$64,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $120,700
Previous Owner $150,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/18/2012 05/18/12 Sold $142,000 -- $78 / Sq Ft
Source: East Tennessee REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $992 $70,375 $9,100 $61,275
2024 $859 $41,925 $6,875 $35,050
2023 $859 $41,925 $6,875 $35,050
2022 $859 $41,925 $6,875 $35,050
2021 $859 $41,925 $6,875 $35,050
2020 $859 $41,925 $6,875 $35,050
2019 $643 $31,350 $5,825 $25,525
2018 $643 $31,350 $5,825 $25,525
2017 $643 $31,350 $5,825 $25,525
2016 $643 $31,350 $5,825 $25,525
2015 $580 $31,350 $5,825 $25,525
2014 -- $31,350 $5,825 $25,525
2013 -- $31,150 $5,950 $25,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 770832

East Tennessee REALTORS® MLS

APN: 051-059.00

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