NOT LISTED FOR SALE

70 Chestnut Dr Norris, TN 37828

Estimated Value: $521,937 - $702,000

4 Beds
3 Baths
2,304 Sq Ft
$270/Sq Ft Est. Value

Last Sold September 18, 2015

Last sale price $270,000 $117 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $3,550/month

110 Days on Market

Highlights

  • 1.5 Acre Lot
  • Contemporary Architecture
  • Wood Flooring
  • Deck
  • Forest View
  • Fenced Yard

About This Home

As of September 2015

Fabulous contemporary 1990s period home designed with passive solar by the original owner, an engineer. Surrounded by mature hardwoods providing plenty of privacy, the house is only a 5 minute walk to the charming historic town center of Norris. OPEN floor plan features cathedral ceilings, 4 bedrooms, one located on the main. Workshop in basement will delight any wood worker. Abundant wall space offers plenty of room to display art, quilts, etc. Truly a one of a kind home in Norris.

Last Agent to Sell the Property

Loy Johnson

Loy Johnson Real Estate License #282086 Listed on: 04/15/2015

Last Buyer's Agent

Bobbie Sellers

Sellers Realty Company, Inc. License #005014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,155

Year Built

  • Built in 1990

Lot Details

  • 1.5 Acre Lot
  • Fenced Yard
  • Chain Link Fence

Home Design

  • Contemporary Architecture
  • Wood Siding
  • Rough-In Plumbing
  • Cedar

Interior Spaces

  • 2,304 Sq Ft Home
  • Wood Burning Fireplace
  • Brick Fireplace
  • Insulated Windows
  • Wood Frame Window
  • Forest Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • Parking Available
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System

Community Details

  • Chestnut Drive Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 031 003.18

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,155

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Directions: I-75 N to #122. EXIT RIGHT onto HWY 61. Approx 3 miles to 1st traffic light. LEFT onto E Norris Road. Wind around to town center. RIGHT turn (beside gas station) onto Deer Ridge Road. LEFT onto Chestnut Road. 70 Chestnut on right right. Sign on property.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1990
  • Lot Size Acres: 1.5
  • Lot Size: 1.5 acres
  • Subdivision Name: Chestnut Drive Add
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Smoke Detector, Refrigerator, Microwave
  • Has Basement: Plumbed, Walkout, Outside Entr Only
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Brick, Wood Burning
  • Fireplaces: 1
  • Flooring: Carpet, Hardwood, Tile

Exterior Features

  • Exterior Features: Windows - Wood, Windows - Insulated, Fenced - Yard, Fence - Chain, Deck, Doors - Storm
  • View: Wooded
  • Construction Type: Wood Siding, Cedar

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Garage Door Opener, Attached, Main Level, 2 Car Garage

Utilities

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

Lot Info

  • Lot Size Sq Ft: 65340.0
  • Parcel #: 031 003.18
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1154.75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2015
Closed on
Sep 18, 2015
Sold by
Allen Russell L
Bought by
Schabot Robert E
Seller's Agent
Loy Johnson
Loy Johnson Real Estate
Buyer's Agent
Bobbie Sellers
Sellers Realty Company, Inc.
Sold Price
$270,000
Current Estimated Value
$622,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,984
Avg. Annual Appreciation
8.77%
Original Mortgage
$216,000
Outstanding Balance
$170,926
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$452,058

Purchase Details

Closed on
Jun 14, 1989
Bought by
Allen Russell L and Allen Wife Martha E
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
Schabot Robert E $270,000 --
Allen Russell L $24,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schabot Robert E $216,000
Previous Owner Martha Allen $53,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2015 09/18/15 Sold $270,000 -- $117 / 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 $1,945 $73,975 $19,050 $54,925
2023 $1,945 $73,975 $0 $0
2022 $3,087 $73,975 $19,050 $54,925
2021 $3,087 $73,975 $19,050 $54,925
2020 $3,156 $73,975 $19,050 $54,925
2019 $3,304 $70,750 $19,050 $51,700
2018 $3,156 $70,750 $19,050 $51,700
2017 $3,156 $70,750 $19,050 $51,700
2016 $3,156 $70,750 $19,050 $51,700
2015 -- $70,750 $19,050 $51,700
2014 -- $70,750 $19,050 $51,700
2013 -- $70,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 921335

East Tennessee REALTORS® MLS

APN: 031-003.18