NOT LISTED FOR SALE

62 Tatesville Rd Unit 54 Palmer, TN 37365

Estimated Value: $265,000 - $333,117

2 Beds
2 Baths
2,576 Sq Ft
$118/Sq Ft Est. Value

Last Sold September 11, 2023

Last sale price $312,500 $121 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,819/month

109 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • No HOA
  • Home fronts a creek
  • 2 Fireplaces
  • Covered Patio or Porch

About This Home

As of September 2023

This gorgeous log cabin, setting on 13.35 acres with a large creek flowing down one of the property lines, offers with so many potential. The main floor features vaulted ceilings in the main living areas with an open floor plan, two bedrooms and a bath, the upstairs has a spacious loft room that overlooks the downstairs, and the basement offers a full, unfinished basement with another full bath, half kitchen and a parking garage. The possibilities are endless. The open front porch is so inviting and allows you to enjoy nature, while the back porch is big enough for large gatherings and cook outs. The open field allows you to enjoy wildlife from your back porch. There are no restrictions on this property so you can hunt, or even add a few more homes for future income.

Last Agent to Sell the Property

Angel Griser

Tennessee Mountain Properties Brokerage Phone: 9312478505 License # 316785 Listed on: 04/21/2023

Last Buyer's Agent

NONMLS NONMLS

License #2211

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $788

Year Built

  • Built in 1996

Lot Details

  • 13.36 Acre Lot
  • Home fronts a creek
  • Level Lot

Parking

  • 1 Car Attached Garage
  • 2 Carport Spaces
  • Basement Garage

Home Design

  • Metal Roof
  • Log Siding

Interior Spaces

  • Property has 2 Levels
  • 2 Fireplaces
  • Gas Fireplace
  • Interior Storage Closet
  • Wood Flooring
  • Water Views
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Swiss Memorial Elementary
  • Grundy Co High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Propane
  • Septic Tank

Additional Features

  • Accessible Approach with Ramp
  • Covered Patio or Porch

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 060 10400 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$788

Year Built

Built in 1996

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1996
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 9312478505
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Extra Closets, Primary Bedroom Main Floor
  • Accessibility Features: Accessible Approach with Ramp
  • Appliances: Refrigerator
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Finished Wood
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Has Basement: Unfinished
  • Above Grade Finished Sq Ft: 1456
  • Below Grade Sq Ft: 1120
  • Building Area Units: Square Feet
  • Living Area: 2576
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Log
  • Patio And Porch Features: Covered Porch
  • Pool Private: No
  • Roof: Metal
  • View: Water
  • View: Yes
  • Waterfront Features: Creek
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Covered Parking Spaces: 3
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Basement, Attached
  • Total Parking Spaces: 3

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Propane
  • Heating Yn: Yes
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 13.36
  • Lot Size Units: Acres
  • Parcel #: 060 10400 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 788

MLS Schools

  • Elementary School: Swiss Memorial Elementary
  • High School: Grundy Co High School
  • Middle Or Junior School: Swiss Memorial Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2023
Closed on
Sep 8, 2023
Sold by
Stinnett Mary Lovell
Bought by
Sewell Lilia K and Munday Cody C
Seller's Agent
Angel Griser
Tennessee Mountain Properties
Buyer's Agent
NONMLS NONMLS
List Price
$374,900
Sold Price
$312,500
Premium/Discount to List
-$62,400
-16.64%
Views
281
Current Estimated Value
$319,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,715
Avg. Annual Appreciation
2.99%
Original Mortgage
$276,000
Outstanding Balance
$271,382
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$59,334

Purchase Details

Closed on
May 2, 1994
Sold by
Cannon Velma W
Bought by
Stinnett Mary L

Purchase Details

Closed on
Dec 15, 1988
Bought by
Cannon Velma Louise White

Purchase Details

Closed on
Sep 14, 1965
Bought by
Cannon Velma Louise White
Source: Public Records

Range of Values:

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Average Value
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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
Sewell Lilia K $312,500 Stones River Title
Stinnett Mary L -- --
Cannon Velma Louise White $1,000 --
Cannon Velma Louise White -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sewell Lilia K $276,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2023 09/11/23 Sold $312,500 -2.2% $121 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
07/07/2023 07/07/23 Price Changed $319,500 -6.7% $124 / Sq Ft
06/05/2023 06/05/23 Price Changed $342,500 -8.6% $133 / Sq Ft
04/21/2023 04/21/23 For Sale $374,900 -- $146 / Sq Ft
Source: Realtracs

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 $855 $59,975 $9,925 $50,050
2023 $855 $59,975 $9,925 $50,050
2022 $788 $35,625 $6,475 $29,150
2021 $788 $35,625 $6,475 $29,150
2020 $788 $35,625 $6,475 $29,150
2019 $746 $34,275 $5,850 $28,425
2018 $746 $29,400 $5,850 $23,550
2017 $746 $29,400 $5,850 $23,550
2016 $746 $29,400 $5,850 $23,550
2015 $746 $29,400 $5,850 $23,550
2014 $749 $29,493 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2511317

Realtracs

APN: 060-104.00