NOT LISTED FOR SALE

603 Patterson Rd Walland, TN 37886

Estimated Value: $245,000 - $443,000

3 Beds
2 Baths
1,350 Sq Ft
$231/Sq Ft Est. Value

Last Sold December 15, 2016

Last sale price $70,100 $52 Per Sq Ft

Est. 321% increase in value since last sale

Current estimated payment $1,674/month

18 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • No HOA
  • Ranch Style House
  • Great Room
  • Central Heating and Cooling System

About This Home

As of December 2016

This charming rancher is situated on a large corner lot. It has a great room that is partially open to the kitchen making it convenient to entertain when family and friends get together. The backyard deck is off the dining area perfect for those summer time barbecues. The deck overlooks a massive backyard great for kids and pets. It boasts 3 good size bedrooms, 2 full bathrooms and a separate family room. This home would make an excellent starter home or retirement home. Priced to sell it won't last long.

Last Agent to Sell the Property

Sandra Brown

Dream Catcher Realty License #285757 Listed on: 08/29/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $530

Year Built

  • Built in 1983

Lot Details

  • 0.46 Acre Lot
  • Property fronts a county road
  • Level Lot

Home Design

  • Ranch Style House
  • Slab Foundation
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,350 Sq Ft Home
  • Ceiling Fan
  • Great Room
  • Wood Flooring
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Range
  • Range Hood

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Deck
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Foreclosure
  • Tax Lot 17

Home Details

Home Type

Single Family

Est. Annual Taxes

$530

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1983
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Level
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 536
  • ResoSpecialListingConditions: In Foreclosure
  • Subdivision Name: Other
  • Above Grade Finished Sq Ft: 1350.0
  • Architectural Style: Ranch
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: One
  • Location Tax and Legal Tax Lot2: 17
  • Location Tax and Legal:Tax Annual Amount: 530.43
  • Location Tax and Legal Tax Year2: 2015
  • General Property Information Lot Size Acres: 0.46
  • General Property Information Above Grade Finished Area: 1350.0
  • General Property Information Bonus Room YN2: No
  • General Property Information Accessory Dwelling Unit YN2: No
  • General Property Information Home Warranty YN: No
  • General Property Information Construction Type2: Site Built
  • Appliances Refrigerators: Yes
  • Cooling:Central Air: Yes
  • Flooring Wood: Yes
  • Interior Features Great Room2: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Composition: Yes
  • Water Source:Public: Yes
  • Road Frontage Type County Road: Yes
  • Levels:One: Yes
  • Foundation Details Slab: Yes
  • Architectural Style Ranch2: Yes
  • Special Listing Conditions In Foreclosure: Yes
  • Special Features: 5124
  • Property Sub Type: Detached

Interior Features

  • Appliances: Electric Range, Range Hood, Refrigerator
  • Interior Amenities: Ceiling Fan(s), Great Room
  • Street Number Modifier: 603
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Appliances:Electric Range: Yes
  • Interior Features:Ceiling Fans: Yes
  • Appliances:Range Hood: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Composition
  • Acres: 0.46
  • Home Warranty: No
  • Construction Type: Aluminum Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Level: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Paved
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 20037.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 530.43
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2016
Closed on
Dec 15, 2016
Sold by
The Secretary Of Housing A
Bought by
Spencer Dana and Spencer Kitty
Seller's Agent
Sandra Brown
Dream Catcher Realty
List Price
$50,000
Sold Price
$70,100
Premium/Discount to List
$20,100
40.2%
Current Estimated Value
$294,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,807
Avg. Annual Appreciation
17.47%
Original Mortgage
$56,080
Outstanding Balance
$46,544
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$236,096

Purchase Details

Closed on
Feb 16, 2016
Sold by
Rachel William E
Bought by
The Sec Of Housing & U

Purchase Details

Closed on
Jan 11, 2016
Sold by
Talmage William E Rachel
Bought by
Lakeview Loan Servicing

Purchase Details

Closed on
Oct 20, 1989
Bought by
Talmage William E and Rachel Rosalee

Purchase Details

Closed on
Mar 7, 1980
Bought by
Chastain Lloyd A and Chastain Martha E
Source: Public Records

Range of Values:

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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
Spencer Dana $70,100 --
The Sec Of Housing & U $92,500 --
Lakeview Loan Servicing $92,500 --
Talmage William E $42,000 --
Chastain Lloyd A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spencer Dana $56,080
Previous Owner Talmage William E $96,960
Previous Owner Talmage William E $30,235
Previous Owner Talmage William E $25,135
Previous Owner Talmage William E $16,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2020 03/14/20 Off Market $70,100 -- --
12/15/2016 12/15/16 Sold $70,100 +40.2% $52 / Sq Ft
09/16/2016 09/16/16 Pending -- -- --
08/29/2016 08/29/16 For Sale $50,000 -- $37 / Sq Ft
Source: Great Smoky Mountains 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 $715 $44,975 $12,500 $32,475
2023 $715 $44,975 $12,500 $32,475
2022 $600 $24,275 $5,625 $18,650
2021 $600 $24,275 $5,625 $18,650
2020 $600 $24,275 $5,625 $18,650
2019 $600 $24,275 $5,625 $18,650
2018 $530 $21,475 $3,450 $18,025
2017 $530 $21,475 $3,450 $18,025
2016 $530 $21,475 $3,450 $18,025
2015 $462 $21,475 $3,450 $18,025
2014 $501 $21,475 $3,450 $18,025
2013 $501 $23,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 205265

Great Smoky Mountains Association of REALTORS®

APN: 040B-B-004.00