NOT LISTED FOR SALE

605 College Ave Loudon, TN 37774

Estimated Value: $322,000 - $422,366

4 Beds
2 Baths
3,016 Sq Ft
$121/Sq Ft Est. Value

Last Sold November 29, 2016

Last sale price $143,000 $47 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $2,040/month

156 Days on Market

Highlights

  • 0.65 Acre Lot
  • Wood Flooring
  • Fenced Yard
  • Wooded Lot
  • Screened Porch
  • Separate Outdoor Workshop

About This Home

As of November 2016

Three for the price of ONE!This full brick home located in Historic Downtown Loudon comes with a separate garage and a 2 bedroom guest house.The home features hardwood floors throughout,9 ft. ceilings on the main floor,built in china cabinet in the dining room and many more charming features.All new PEX plumbing lines, new heating/air conditioning in 2014, 10 yr old roof +/-,and main level bathroom total update.Garage is for one car but has extra storage.Guest house has an eat in kitchen with new flooring,living room,bath,and 2 bedrooms.It could be a rental since it fronts another street.This deal has so many possibilities!

Last Agent to Sell the Property

Susan Sloan

Tellico Realty, Inc. License #239660 Listed on: 05/10/2016

Last Buyer's Agent

Cecilia Cook

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $558

Year Built

  • Built in 1928

Lot Details

  • 0.65 Acre Lot
  • Fenced Yard
  • Wooded Lot
  • Historic Home

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,016 Sq Ft Home
  • Fireplace Features Masonry
  • Screened Porch
  • Dishwasher
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Detached Garage
  • Parking Available
  • Off-Street Parking

Schools

  • Fort Loudoun Middle School
  • Loudon High School

Additional Features

  • Separate Outdoor Workshop
  • Central Heating and Cooling System

Community Details

  • Town Of Loudon Subdivision

Listing and Financial Details

  • Assessor Parcel Number 041a B 026.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$558

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Directions: From Lenoir City take HWY 11 South.After crossing the bridge bear left onto Mulberry st. Turn right onto West street. Turn left onto College St. Sometimes it is know as College Ave.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1928
  • Lot Size Acres: 0.65
  • Lot Size: 137 X 215 M IRR
  • Subdivision Name: Town Of Loudon
  • Architectural Style: Historic
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher
  • Has Basement: Unfinished
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Flooring: Carpet, Hardwood, Vinyl

Exterior Features

  • Exterior Features: Fence - Privacy, Fenced - Yard, Porch - Screened
  • Lot Features: Wooded
  • Construction Type: Brick
  • Other Structures: Workshop

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached, Main Level, Off-Street Parking

Utilities

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

Schools

  • High School: Loudon
  • Middle Or Junior School: Fort Loudoun

Lot Info

  • Lot Size Sq Ft: 28314.0
  • Parcel #: 041a B 026.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 558.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2016
Closed on
Dec 1, 2016
Sold by
Mallo Brent
Bought by
Mitchell David M and Mitchell Micah M
Seller's Agent
Susan Sloan
Tellico Realty, Inc.
Buyer's Agent
Cecilia Cook
Keller Williams Realty
Sold Price
$143,000
Current Estimated Value
$363,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,592
Avg. Annual Appreciation
11.12%
Original Mortgage
$138,700
Outstanding Balance
$66,809
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$296,783

Purchase Details

Closed on
Aug 31, 2011
Sold by
Smith Kenneth L
Bought by
Mallo Brent and Mallo Vicky

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,213
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 26, 2011
Sold by
Johnson Jay Lance
Bought by
Smith Kenneth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,213
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 3, 2004
Sold by
Bankston Charles W and Bankston Rober
Bought by
Johnson Jay L and Johnson Ashley

Purchase Details

Closed on
Apr 29, 1993
Bought by
Bankston Charles W and Bankston Roberta J

Purchase Details

Closed on
Jan 1, 1983
Bought by
Parker Paul L and Parker Geneva
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mitchell David M $143,000 --
Mallo Brent $179,093 --
Smith Kenneth L $175,000 --
Johnson Jay L $204,900 --
Bankston Charles W $113,000 --
Parker Paul L $6,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchell David M $138,700
Previous Owner Mallo Brent $178,213
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2016 11/29/16 Sold $143,000 -- $47 / Sq Ft
Source: East Tennessee REALTORS® MLS

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
2025 $1,598 $61,075 $8,675 $52,400
2023 $1,598 $61,075 $0 $0
2022 $1,598 $61,075 $8,675 $52,400
2021 $1,598 $61,075 $8,675 $52,400
2020 $1,365 $61,075 $8,675 $52,400
2019 $1,365 $44,900 $7,275 $37,625
2018 $1,338 $44,900 $7,275 $37,625
2017 $1,338 $44,900 $7,275 $37,625
2016 $1,439 $47,425 $8,925 $38,500
2015 $1,440 $47,425 $8,925 $38,500
2014 $1,440 $47,425 $8,925 $38,500
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 964280

East Tennessee REALTORS® MLS

APN: 041A-B-026.00