NOT LISTED FOR SALE

7002 Highway 64 E Wartrace, TN 37183

Estimated Value: $1,090,273 - $1,244,000

4 Beds
3.5 Baths
5,424 Sq Ft
$215/Sq Ft Est. Value

Last Sold October 12, 2020

Last sale price $800,000 $147 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $6,359/month

72 Days on Market

Highlights

  • Guest House
  • 46 Acre Lot
  • Wood Flooring
  • In Ground Pool
  • Deck
  • 2 Fireplaces

About This Home

As of October 2020

Incredible opportunity to buy a custom built, spacious property in Bedford Co, Wartrace,TN. Main house, guest house and small studio style home. In-ground pool, pavilion at water's edge all on 46+/- acres. Main house has 4/5 bdrs, 3 full & 1 half baths, 2 kitchens w/all appliances to remain, great room w/double sided fireplace that opens into den as well, family room & office. Guest house has 3 bdrs, 2 baths, full kitchen & great room w/fireplace. Call for your private showing!

Last Agent to Sell the Property

Roy Phillips

Foster & Foster Realty & Auction Co. Brokerage Phone: 9312736389 License #303491 Listed on: 05/27/2020

Last Buyer's Agent

Brooke Burgess

Parks Auction & Realty License #348014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,884

Year Built

  • Built in 1991

Lot Details

  • 46

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Wet Bar
  • 2 Fireplaces
  • Interior Storage Closet
  • Indoor Smart Camera
  • Finished Basement

Kitchen

  • Grill
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite

Outdoor Features

  • In Ground Pool
  • Deck
  • Covered Patio or Porch

Schools

  • Cascade Elementary School
  • Cascade Middle School
  • Central High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Additional Features

  • 46 Acre Lot
  • Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 035 01700 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,884

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1991
  • Unit Levels: Two
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Extra Closets, In-Law Floorplan, Smart Camera(s)/Recording, Utility Connection, Walk-In Closet(s), Wet Bar
  • Appliances: Dishwasher, Grill, Refrigerator
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Carpet, Finished Wood, Tile, Vinyl
  • Total Bedrooms: 4
  • Main Level Bedrooms: 2
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Has Basement: Finished
  • Above Grade Finished Sq Ft: 2832
  • Below Grade Sq Ft: 2592
  • Building Area Units: Square Feet
  • Living Area: 5424
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Garage Door Opener, Carriage/Guest House
  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Covered Patio, Covered Porch, Deck, Patio
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached - Side
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Private
  • Cooling: Electric, Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 46
  • Lot Size Units: Acres
  • Parcel #: 035 01700 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2884

MLS Schools

  • Elementary School: Cascade Elementary
  • High School: Central High School
  • Middle Or Junior School: Cascade Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2020
Closed on
Oct 9, 2020
Sold by
Phillips Roy Stanley
Bought by
Hillis Chadrick E
Seller's Agent
Roy Phillips
Foster & Foster Realty & Auction Co.
Buyer's Agent
Brooke Burgess
Parks Auction & Realty
List Price
$1,100,000
Sold Price
$800,000
Premium/Discount to List
-$300,000
-27.27%
Current Estimated Value
$1,166,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,424
Avg. Annual Appreciation
7.46%

Purchase Details

Closed on
Sep 21, 2018
Sold by
Phillips Roys and Phillips Saraj
Bought by
Mancuso Michael and Mancuso Malinda

Purchase Details

Closed on
Aug 20, 1991
Bought by
Phillips Roy S and Phillips Sara J

Purchase Details

Closed on
Aug 19, 1991
Bought by
Phillips Roy S and Phillips Sara J
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
Hillis Chadrick E $800,000 Bell & Alexander Ttl Svcs In
Mancuso Michael $57,727 Tri Star Title & Escrow Llc
Phillips Roy S $20,000 --
Phillips Roy S $120,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2020 10/12/20 Sold $800,000 -27.3% $147 / Sq Ft
08/07/2020 08/07/20 Pending -- -- --
05/27/2020 05/27/20 For Sale $1,100,000 -- $203 / 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
2025 $3,191 $137,250 $25,400 $111,850
2024 $3,191 $137,250 $25,400 $111,850
2023 $3,191 $137,250 $25,400 $111,850
2022 $3,191 $137,250 $25,400 $111,850
2021 $3,214 $163,550 $36,000 $127,550
2020 $2,884 $163,550 $36,000 $127,550
2019 $2,884 $108,425 $25,325 $83,100
2018 $2,776 $108,425 $25,325 $83,100
2017 $3,155 $123,250 $42,375 $80,875
2014 $2,621 $115,475 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2152232

Realtracs

APN: 002035 01700