NOT LISTED FOR SALE

62 Meadow View Ln Spencer, TN 38585

Estimated Value: $354,000 - $509,000

3 Beds
2.5 Baths
2,232 Sq Ft
$188/Sq Ft Est. Value

Last Sold October 08, 2015

Last sale price $170,000 $76 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $2,450/month

135 Days on Market

Highlights

  • Seasonal View
  • Covered Patio or Porch
  • Cabin
  • Wood Flooring
  • Zoned Heating and Cooling System
  • Stone Fireplace

About This Home

As of October 2015

An absolute beauty atop the Cumberland Plateau next door to Fall Creek Falls State Park. Two huge master suites on the main level and two additional bedrooms on the upper level separated by a huge open loft offers lots of space for guests. The hardwood floors, vaulted ceiling, and the floor to ceiling stone fireplace give this open plan a welcome home feel. The large, well appointed kitchen, offers lots of space for family and friends to hang out and enjoy the view. This gated resort community is a great place to retire or just enjoy a vacation home. Call for your private showing today.

Last Agent to Sell the Property

Beth Miller

Elevate Real Estate License #317887 Listed on: 04/25/2015

Last Buyer's Agent

Beth Miller

Elevate Real Estate License #317887 Listed on: 04/25/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,416

Year Built

  • Built in 2001

Lot Details

  • 0.55

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Cabin
  • Log Siding

Interior Spaces

  • 2,232 Sq Ft Home
  • Stone Fireplace
  • Seasonal Views
  • Crawl Space
  • Fire and Smoke Detector
  • Washer

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System

Community Details

  • Association fees include security, grounds maintenance
  • Grandview Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 048cb008.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,416

Year Built

Built in 2001

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Directions: From Van Buren County Courthouse, Take Hwy 30 toward Fall Creek Falls Resort State Park, R on Gulf Rd, R at Grandview Village, Right onto High Meadows, R onto Meadow View. House on Right. Sign in Yard.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2001
  • Lot Size: .55
  • Subdivision Name: Grandview Village
  • Architectural Style: Cabin
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Smoke Detector, Refrigerator, Microwave, Washer
  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Flooring: Hardwood, Tile

Exterior Features

  • Exterior Features: Porch - Covered
  • View: Seasonal Mountain
  • Construction Type: Log

Garage/Parking

  • Attached Garage: No
  • Parking Features: Designated Parking

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 600.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Fee Information

  • Association Fee Includes: Security, Grounds Maintenance

Lot Info

  • Parcel #: 048cb008.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2015
Closed on
Oct 6, 2015
Sold by
Caravella Frank J
Bought by
Creekside Mountain Inc
Seller's Agent
Beth Miller
Elevate Real Estate
Buyer's Agent
Beth Miller
Elevate Real Estate
Sold Price
$170,000
Current Estimated Value
$418,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,737
Avg. Annual Appreciation
8.96%
Original Mortgage
$136,000
Outstanding Balance
$59,364
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$337,501

Purchase Details

Closed on
Jul 31, 2015
Sold by
Carvella Frank J
Bought by
Caravella Frank Living Trust

Purchase Details

Closed on
Feb 19, 2015
Sold by
Caravella April
Bought by
Caravella Frank J

Purchase Details

Closed on
Dec 13, 2007
Bought by
Caravella Frank J April Caravella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,360
Interest Rate
6.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2005
Sold by
Wilson Duplexes
Bought by
Wilson Jo and Wilson Troi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.25%
Mortgage Type
Cash

Purchase Details

Closed on
Jul 19, 2005
Sold by
Not Provided
Bought by
Caravella Frank J and April Caravella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.25%
Mortgage Type
Cash

Purchase Details

Closed on
Feb 14, 2001
Bought by
Wilson Duplex

Purchase Details

Closed on
Feb 2, 2001
Bought by
Wilson Duplex
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Creekside Mountain Inc $170,000 --
Caravella Frank Living Trust -- --
Caravella Frank J -- --
Caravella Frank J April Caravella $150,500 --
-- $175,500 --
Wilson Jo $235,000 --
Caravella Frank J $235,000 --
Wilson Duplex -- --
Wilson Duplex -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Creekside Mountain Inc $136,000
Closed Creekside Mountain Inc $136,000
Previous Owner Caravella Frank Joseph $110,000
Previous Owner Wilson J O $43,360
Previous Owner Wilson Jo $180,000
Previous Owner Caravella Frank J $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2015 10/08/15 Sold $170,000 -- $76 / 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
2024 $1,416 $59,000 $8,750 $50,250
2023 $1,416 $59,000 $8,750 $50,250
2022 $1,416 $59,000 $8,750 $50,250
2021 $1,416 $59,000 $8,750 $50,250
2020 $1,271 $59,000 $8,750 $50,250
2019 $1,064 $46,050 $7,000 $39,050
2018 $857 $46,050 $7,000 $39,050
2017 $857 $44,425 $7,000 $37,425
2016 $857 $44,425 $7,000 $37,425
2015 $857 $44,425 $7,000 $37,425
2014 $1,085 $44,425 $7,000 $37,425
2013 $1,085 $59,293 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 922789

East Tennessee REALTORS® MLS

APN: 048C-B-008.00