NOT LISTED FOR SALE

703 Gap Springs Rd SE Old Fort, TN 37362

Estimated Value: $205,896

3 Beds
1 Bath
1,300 Sq Ft
$158/Sq Ft Est. Value

Last Sold March 07, 2022

Last sale price $165,000 $127 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,165/month

82 Days on Market

Highlights

  • Wood Burning Stove
  • Ranch Style House
  • Workshop
  • Wooded Lot
  • No HOA
  • Fireplace

About This Home

As of March 2022

If you are looking for a home in the country with a few acres of privacy, a workshop/garage then this is the place! This home has public water but also a well that can be used for watering a garden or washing cars. This home needs your TLC.

Last Agent to Sell the Property

Susan Barnette

Weichert Realtors SEM Associates- Chattanooga Listed on: 12/07/2021

Weichert Realtors SEM Associates- Chattanooga

Last Buyer's Agent

A NON-MEMBER

--NON-MEMBER OFFICE-- License #308195

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $522

Year Built

  • Built in 1962

Lot Details

  • 2.9 Acre Lot
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Brick Veneer
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,300 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Wood Burning Stove
  • Window Treatments
  • Aluminum Window Frames
  • Workshop
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Oven
  • Electric Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Schools

  • Valley View Elementary School
  • Lake Forest Middle School
  • Bradley County High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • None Subdivision

Listing and Financial Details

  • Assessor Parcel Number 106 019.00 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$522

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.9
  • Lot Size: 373x309x659xirr
  • Subdivision Name: --NONE--
  • Directions: From APD 40 go South on Spring Place Road almost 16 miles to Right on Gap Springs Road. Property is on the left.
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Year Built: 1962
  • General Property Information:Living Area2: 1300.0
  • Appliances Refrigerators: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Unfinished
  • Appliances: Electric Range, Electric Water Heater, Oven, Refrigerator
  • Interior Amenities: Eat-in Kitchen, Bathroom Mirror(s), Ceiling Fan(s)
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning Stove
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Living Area: 1300.0
  • Window Features: Window Coverings, Aluminum Frames
  • ResoLivingAreaSource: PublicRecords
  • Interior Features:Ceiling Fan(s)2: Yes
  • Basement:Unfinished: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Oven: Yes
  • Interior Features:Bathroom Mirror(s): Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Fireplace Features:Wood Burning Stove: Yes

Exterior Features

  • Roof: Shingle
  • Lot Features: Mailbox, Wooded, Level
  • Construction Type: Brick Veneer, Vinyl Siding
  • Other Structures: Workshop
  • Patio And Porch Features: Porch
  • Lot Features:Level: Yes
  • Window Features:Aluminum Frames: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Porch: Yes
  • Lot Features:Rolling Slope: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Window Features:Window Coverings: Yes
  • Construction Materials:Brick Veneer: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Gravel
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes

Utilities

  • Heating: Wood Stove, Propane
  • Cooling: Window Unit(s)
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public, Well
  • Heating:Propane2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Wood Stove: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Valley View
  • High School: Bradley County
  • Middle Or Junior School: Lake Forest

Lot Info

  • Lot Size Sq Ft: 126324.0
  • Parcel #: 106 019.00 000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 522.0
  • Tax Book Number: 2335

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2023
Sold by
Webster Graham Clinton and Webster Beth Ann
Bought by
Webster Graham Clinton and Webster Beth Ann
Current Estimated Value
$205,896

Purchase Details

Listed on
Dec 7, 2021
Closed on
Mar 7, 2022
Sold by
Emberann Patterson Tia
Bought by
Patterson Tia Emberann
Seller's Agent
Susan Barnette
Weichert Realtors SEM Associates- Chattanooga
Buyer's Agent
A NON-MEMBER
--NON-MEMBER OFFICE--
List Price
$245,000
Sold Price
$165,000
Premium/Discount to List
-$80,000
-32.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.11%
Original Mortgage
$132,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2014
Sold by
Patterson James F
Bought by
Etal Patpatterson James Howard and Terson Tia Emberann

Purchase Details

Closed on
Oct 16, 2012
Sold by
Hudson Anthony Eugene
Bought by
Hawkins Wesley Allan

Purchase Details

Closed on
Mar 15, 1995
Sold by
Kerr Jesse A
Bought by
Patterson James F
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
Webster Graham Clinton -- --
Patterson Tia Emberann $165,000 Professional Title Services
Etal Patpatterson James Howard $66,000 --
Hawkins Wesley Allan -- --
Patterson James F $59,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patterson Tia Emberann $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2022 03/07/22 Sold $165,000 -13.2% $127 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
01/10/2022 01/10/22 Price Changed $190,000 -22.4% $146 / Sq Ft
12/08/2021 12/08/21 For Sale $245,000 -- $188 / Sq Ft
Source: River Counties Association of REALTORS®

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 $622 $34,700 $8,375 $26,325
2023 $622 $34,700 $8,375 $26,325
2022 $622 $34,700 $8,375 $26,325
2021 $622 $34,700 $0 $0
2020 $521 $34,700 $0 $0
2019 $521 $23,450 $0 $0
2018 $493 $0 $0 $0
2017 $499 $0 $0 $0
2016 $499 $0 $0 $0
2015 $482 $0 $0 $0
2014 $405 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: River Counties Association of REALTORS®

MLS Number: 20216947

River Counties Association of REALTORS®

APN: 106-019.00