NOT LISTED FOR SALE

653 Peterson Rd Erwin, TN 37650

Estimated Value: $271,000 - $524,438

2 Beds
2 Baths
3,248 Sq Ft
$136/Sq Ft Est. Value

Last Sold February 10, 2014

Last sale price $211,000 $65 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $2,452/month

66 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • Recreation Room
  • 2.22 Acre Lot
  • Deck
  • Breakfast Room

About This Home

As of February 2014

If you are looking for views in a peaceful yet convenient setting then you need to check this one out. Views outside and room inside...could you ask for more? Well how about an over sized Master bedroom with full on suite bath including whirlpool tub and walk- closet. Formal living room has beautiful stone fireplace with vaulted ceiling and leads to a spacious formal dining room and larger kitchen with custom cabinets and breakfast nook. Main level boast two bedrooms and two baths. Lower level has a seriously large den/family room and two other rooms that could be used as bedrooms, a laundry room and a very large work shop or storage room. Modified A-frame with cedar siding newer windows,exterior doors, and roof is approximately 4 years old. Comes with an in ground pool in good working order and a three car carport. On the lower acrage at entrance you will find a once used tennis court that needs work and a storage building also needing work and did I mention there even a pasture that is fenced with older barn? This home is being sold "as is" and any offers must be approved by the estate's Attorney. All information taken from third party Buyer or Buyer's agent should verify. Price reflects $19,000 below the appraisal dated August 2013.

Last Agent to Sell the Property

SUSAN CLOUSE

Property Executives Johnson City License #268739 Listed on: 11/15/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1991

Lot Details

  • 2.22 Acre Lot
  • Level Lot
  • Property is in good condition
  • Property is zoned rs

Home Design

  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Built-In Features
  • Insulated Windows
  • Entrance Foyer
  • Living Room with Fireplace
  • Breakfast Room
  • Recreation Room
  • Mountain Views
  • Partially Finished Basement
  • Heated Basement

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Parquet
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • 3 Carport Spaces
  • Parking Pad

Outdoor Features

  • In Ground Pool
  • Deck
  • Shed
  • Outbuilding

Schools

  • Rock Creek Elementary School
  • Unicoi Co Middle School
  • Unicoi Co High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Community Details

  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 046.00

Home Details

Home Type

Single Family

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Directions: From Rock Creek Road in Erwin to left on Whitcher then slight left onto Stanley then left on to Peterson Road see sign. Price reflects $19,000 below the appraisal dated August 2013.
  • Prop. Type: Residential
  • Year Built: 1991
  • Garage Carport Spaces: 3
  • Property Sub Type: Single Family Residence
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 2.22
  • General Property Description Zoning2: rs
  • General Property Description Elementary School3: Rock Creek
  • General Property Description Middle School2: Unicoi Co
  • General Property Description High School3: Unicoi Co
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • General Property Description Lot Dimensions: 2.22 acres
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 3248.0
  • General Property Description Above Grade SqFt: 1945.0
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • General Property Description Parcel ID2: 046.00
  • AC Heat Pump3: Yes
  • Pool Features In Ground: Yes
  • Financing FHA: Yes
  • Other Structures Outbuilding: Yes
  • Other Structures Shed(s): Yes
  • Roof Composition: Yes
  • View Mountain(s): Yes
  • TopographyLot Description Sloped: Yes
  • Flooring Carpet: Yes
  • Other Rooms Laundry: Yes
  • Utilities Cable Connected: Yes
  • Basement Heated2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Ceramic Tile: Yes
  • Other Structures Storage2: Yes
  • Other Rooms Recreation Room: Yes
  • Other Rooms Breakfast: Yes
  • Flooring Parquet: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Has Basement: Heated, Partially Finished
  • Flooring: Carpet, Ceramic Tile, Parquet
  • Interior Amenities: Primary Downstairs, Built-in Features, Entrance Foyer, Kitchen Island, Pantry, Walk-In Closet(s)
  • Window Features: Insulated Windows
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 1303.0
  • Fireplace Features: Living Room
  • General Property Description Baths - Full: 2
  • Interior Features:Pantry: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace:Living Room: Yes
  • Basement:Partially Finished: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Kitchen Island: Yes
  • Appliances:Cooktop: Yes
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Composition
  • Other Structures: Outbuilding, Shed(s), Storage
  • View: Mountain(s)
  • Pool Features: In Ground
  • Acres: 2.22
  • Topography: Level, Sloped
  • Home Warranty: No
  • Construction Type: Frame, Wood Siding
  • Patio And Porch Features: Deck
  • Exterior Finish Wood Siding: Yes
  • Window Features:Insulated Windows: Yes
  • PorchPatioDeck Deck: Yes
  • Exterior Finish Frame: Yes

Garage/Parking

  • Parking Features: Asphalt, Attached, Parking Pad
  • Attached Garage: Yes
  • Parking Features:Asphalt2: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Parking Pad: Yes

Utilities

  • Heating: Fireplace(s), Forced Air, Natural Gas
  • Sewer: Septic Tank
  • Utilities: Cable Connected
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Fireplace(s): Yes
  • Sewer Septic Tank: Yes
  • Heating:Natural Gas2: Yes
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Rock Creek
  • High School: Unicoi Co
  • Middle Or Junior School: Unicoi Co

Lot Info

  • Zoning: rs
  • Lot Dimensions: 2.22 acres
  • Lot Size Sq Ft: 96703.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 046.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2013
Closed on
Feb 10, 2014
Sold by
Oliver Stephen W
Bought by
Williams Wayne W and Williams Debra A
Seller's Agent
SUSAN CLOUSE
Property Executives Johnson City
Buyer's Agent
Property Executives Johnson City
List Price
$219,000
Sold Price
$211,000
Premium/Discount to List
-$8,000
-3.65%
Current Estimated Value
$442,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,360
Avg. Annual Appreciation
6.41%
Original Mortgage
$211,000
Outstanding Balance
$168,945
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$273,415

Purchase Details

Closed on
Jul 28, 1995
Bought by
Gentry William and Gentry Nancy

Purchase Details

Closed on
Jul 7, 1989
Bought by
Trivette Randy and Trivette Tracy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Williams Wayne W $211,000 --
Gentry William $120,000 --
Trivette Randy $19,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Wayne W $211,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2014 02/10/14 Sold $211,000 -3.7% $65 / Sq Ft
01/21/2014 01/21/14 Pending -- -- --
11/15/2013 11/15/13 For Sale $219,000 -- $67 / Sq Ft
Source: Tennessee/Virginia Regional 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 -- $75,275 $7,800 $67,475
2024 $1,686 $75,275 $7,800 $67,475
2023 $1,686 $75,275 $0 $0
2022 $1,518 $64,600 $7,800 $56,800
2021 $1,425 $49,950 $7,800 $42,150
2020 $1,341 $49,950 $7,800 $42,150
2019 $1,341 $49,950 $7,800 $42,150
2018 $1,341 $49,950 $7,800 $42,150
2017 $1,341 $49,950 $7,800 $42,150
2016 $1,258 $46,875 $6,650 $40,225
2015 $1,764 $46,875 $0 $0
2014 $1,764 $46,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 341360

Tennessee/Virginia Regional MLS

APN: 024-04600-000