NOT LISTED FOR SALE

730 Old Furnace Rd Tellico Plains, TN 37385

Estimated Value: $477,194

2 Beds
2 Baths
2,146 Sq Ft
$222/Sq Ft Est. Value

Last Sold March 26, 2018

Last sale price $260,000 $121 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $2,695/month

9 Days on Market

Highlights

  • Mountain View
  • Wooded Lot
  • Covered Patio or Porch
  • Deck
  • Wood Flooring
  • Log Cabin

About This Home

As of March 2018

Well maintained log home with awesome mountain views, the fireplace is an Xtrordinair. Newer 24x34 two car garage with workshop, 8 inch poured concrete walls with sprayed foam insulation in the ceiling of Workshop. The workshop could be used for motorcycles or wall could be removed for larger garage. Come sit on the swing on your private porch and take in the beauty of this mountainous area. At the end of a private road, motorcycle friendly, near Cherokee National Forest.

Last Agent to Sell the Property

Jan Oglesbee

Tellico Mountain Realty, LLC License #261241 Listed on: 01/11/2018

Last Buyer's Agent

Elizabeth Hannan

Skyway Realty Land & Homes License #225660

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,142

Year Built

  • Built in 2006

Lot Details

  • 2.3 Acre Lot
  • Wooded Lot

Property Views

  • Mountain
  • Forest

Home Design

  • Log Cabin
  • Log Siding

Interior Spaces

  • 2,146 Sq Ft Home
  • Wood Burning Fireplace
  • Stone Fireplace
  • Insulated Windows
  • Wood Frame Window
  • Living Room
  • Washer
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Detached Garage
  • Carport

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Separate Outdoor Workshop

Schools

  • Tellico Plains High School

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 177 P 090.06

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,142

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Directions: From Tellico Plains take 68 south approx. 7 miles to a left by Long Ridge Baptist church go .9 tenths of a mile to a row of about 6 mailboxes turn right and follow roar to split go to the left and go th the end of the road SOP
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2006
  • Lot Size Acres: 2.3
  • Architectural Style: Log
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Stove, Tankless Wtr Htr, Self Cleaning Oven, Refrigerator, Microwave, Washer
  • Has Basement: Finished
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Stone, Wood Burning
  • Fireplaces: 1
  • Flooring: Carpet, Hardwood, Tile
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Windows - Wood, Windows - Insulated, Porch - Covered, Deck
  • View: Mountain View, Wooded
  • Lot Features: Wooded
  • Construction Type: Log
  • Other Structures: Workshop

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport, Detached

Utilities

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

Schools

  • High School: Tellico Plains

Lot Info

  • Lot Size Sq Ft: 100188.0
  • Parcel #: 177 P 090.06
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2018
Closed on
Mar 20, 2018
Sold by
Cranford Thomas A and Cranford Joyce E
Bought by
Horine Richard J and Horine Joleen M
Seller's Agent
Jan Oglesbee
Tellico Mountain Realty, LLC
Buyer's Agent
Elizabeth Hannan
Skyway Realty Land & Homes
Sold Price
$260,000
Current Estimated Value
$477,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,194
Avg. Annual Appreciation
7.98%
Original Mortgage
$200,000
Outstanding Balance
$64,965
Interest Rate
3.99%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$393,247

Purchase Details

Listed on
Feb 26, 2014
Closed on
Jul 2, 2014
Sold by
Sodeman Paul C
Bought by
Cranford Thomas A and Cranofrd Joyce E
Seller's Agent
Meredith Liemohn
TN Land and Home Sales
Buyer's Agent
Tammie George
Tellico Mountain Realty, LLC
Sold Price
$187,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.24%

Purchase Details

Closed on
Jun 20, 2008
Sold by
Kemp Shumock Kathryn
Bought by
Sodemann Paul C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.96%

Purchase Details

Closed on
Mar 20, 2006
Sold by
Frank Smith
Bought by
Kemp Shumock Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
6.31%

Purchase Details

Closed on
Mar 13, 2006
Sold by
Frank Smith
Bought by
Shumock Kathryn K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
6.31%

Purchase Details

Closed on
Aug 30, 2005
Sold by
Wilma Plotner
Bought by
Frank Smith

Purchase Details

Closed on
Jun 9, 2005
Bought by
Smith Frank and Smith Stephanie

Purchase Details

Closed on
Aug 24, 1990
Bought by
Plotner Donald and Plotner Wilma
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
Horine Richard J $260,000 None Available
Cranford Thomas A $187,000 --
Sodemann Paul C $240,000 --
Kemp Shumock Kathryn $34,500 --
Shumock Kathryn K $34,500 --
Frank Smith $10,000 --
Smith Frank $10,000 --
Plotner Donald $6,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cranford Thomas A $200,000
Previous Owner Sodemann Bettina J $136,171
Previous Owner Sodemann Paul C $150,000
Previous Owner Sodemann Paul C $150,000
Previous Owner Shumock Kathryn K $135,000
Previous Owner Kemp Shumock Kathryn $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2018 03/26/18 Sold $260,000 +39.0% $121 / Sq Ft
07/02/2014 07/02/14 Sold $187,000 -- $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 $1,142 $74,975 $11,050 $63,925
2023 $1,142 $74,975 $11,050 $63,925
2022 $1,457 $65,050 $8,825 $56,225
2021 $1,453 $64,875 $8,825 $56,050
2020 $1,453 $64,875 $8,825 $56,050
2019 $1,284 $64,875 $8,825 $56,050
2018 $1,284 $64,875 $8,825 $56,050
2017 $1,057 $50,450 $8,825 $41,625
2016 $971 $46,375 $8,825 $37,550
2015 $876 $41,850 $8,875 $32,975
2014 $876 $41,828 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1027183

East Tennessee REALTORS® MLS

APN: 177-090.06