NOT LISTED FOR SALE

7401 Circle Point Dr Talbott, TN 37877

Estimated Value: $264,000 - $313,000

3 Beds
2 Baths
1,248 Sq Ft
$240/Sq Ft Est. Value

Last Sold March 04, 2024

Last sale price $310,000 $248 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,725/month

57 Days on Market

Highlights

  • Lake View
  • Deck
  • Wood Flooring
  • Lake Privileges
  • Ranch Style House
  • No HOA

About This Home

As of March 2024

Beautiful home with lake and mountain views in Point Seven Subdivision. Open floor plan with 3 bedrooms, 2 baths, covered screened in deck and an extra large lot.
Subdivision has no HOA or fees but does have access to boat ramp. Home has a full unfinished basement with 2 car drive in garage that is partially framed by prior owner and could be finished for more living space. Many new updates and home is move in ready. Great location and zoned for Alpha and Westview school district. Call today to see!

Last Agent to Sell the Property

Tracey Bright

Re/Max Real Estate Ten Midtown License #315479 Listed on: 11/22/2023

Re/Max Real Estate Ten Midtown

Last Buyer's Agent

IAN CULLEN

Tennessee Valley Appraisal Services License #1778

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $709

Year Built

  • Built in 1986 | Remodeled

Lot Details

  • 0.75 Acre Lot
  • Property fronts a county road

Parking

  • 2 Car Garage
  • Enclosed Parking

Property Views

  • Lake
  • Mountain

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,248 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Electric Range
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Lake Privileges
  • Deck
  • Covered patio or porch

Schools

  • Alpha Elementary School
  • Westview Middle School
  • West High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Point Seven Subdivision

Listing and Financial Details

  • Assessor Parcel Number 007.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$709

Year Built

Built in 1986 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1986
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.75
  • Lot Size: 260X236XIRR
  • Road Frontage Type: County Road
  • Subdivision Name: Point Seven
  • Directions: West AJ Hwy Turn onto Lakeshore Rd, Left on Pratt Rd, Left into Point Seven Subdivision, Left on Circle Point Drive. Home on Right.
  • Above Grade Finished Sq Ft: 1248.0
  • Architectural Style: Ranch
  • New Construction: No
  • Structure Type: House
  • Location Tax and Legal:Tax Annual Amount: 709.2
  • Location Tax and Legal:Tax Year2: 2022
  • Location Tax and Legal:Parcel Number2: 007.00
  • Water Source:Public: Yes
  • Appliances Refrigerators: Yes
  • Architectural Style:Ranch: Yes
  • Cooling:Heat Pump: Yes
  • Flooring:Carpet: Yes
  • Flooring:Tile: Yes
  • Levels:One: Yes
  • Flooring:Hardwood: Yes
  • View:Mountain(s): Yes
  • Cooling:Electric: Yes
  • Laundry Features:Laundry Room: Yes
  • Road Frontage Type:County Road: Yes
  • View:Lake3: Yes
  • Property Condition:UpdatedRemodeled: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Appliances: Electric Oven, Electric Range, Refrigerator
  • Basement: Full, Unfinished
  • Levels: One
  • Interior Amenities: Ceiling Fan(s)
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 1248.0
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Window Features: Double Pane Windows
  • Appliances:Electric Oven: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Full Basement: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Lot Features: Views, See Remarks
  • View: Yes
  • Waterfront Features: Lake Privileges
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Covered, Deck, Porch, Screened
  • Property Condition: Updated/Remodeled
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Double Pane Windows: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Porch: Yes
  • Waterfront Features:Lake Privileges: Yes
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Views: Yes
  • Lot Features:See Remarks14: Yes
  • Patio And Porch Features:Enclosed: Yes

Garage/Parking

  • Garage Yn: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Enclosed
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Cooling: Electric, Heat Pump
  • Heating: Electric, Heat Pump
  • Sewer: Septic Tank
  • Laundry Features: Laundry Room
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Alpha Elementary
  • High School: West
  • Middle Or Junior School: Westview

Lot Info

  • Lot Size Sq Ft: 32670.0
  • Parcel #: 007.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 709.2
  • Tax Map Number: 046D
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2023
Closed on
Mar 4, 2024
Sold by
Simpson Benjamin and Simpson Katelyn
Bought by
Thome Blake Andrew
Seller's Agent
Tracey Bright
Re/Max Real Estate Ten Midtown
Buyer's Agent
IAN CULLEN
Tennessee Valley Appraisal Services
List Price
$329,900
Sold Price
$310,000
Premium/Discount to List
-$19,900
-6.03%
Views
87
Current Estimated Value
$298,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,014
Avg. Annual Appreciation
2.96%
Original Mortgage
$310,000
Outstanding Balance
$304,076
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$17,905

Purchase Details

Closed on
Apr 1, 2020
Sold by
Buck Chandis David and Buck Nicole Christine
Bought by
Simpson Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,200
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 2, 2017
Closed on
Apr 25, 2017
Sold by
Scherrer Heiko
Bought by
Buck Chandis David and Buck Nicole Christine
Seller's Agent
FRED DAY
Re/Max Real Estate Ten Midtown
Buyer's Agent
Lou Hood
RE/MAX Real Estate Ten West
List Price
$139,900
Sold Price
$139,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.77%
Original Mortgage
$141,313
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 1999
Bought by
Scherrer Heiko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,850
Interest Rate
7.79%

Purchase Details

Closed on
Jul 8, 1987
Bought by
Hoffman William C and Hoffman Elsie M

Purchase Details

Closed on
Aug 31, 1986
Bought by
Barnard Fay and Barnard Betty

Purchase Details

Closed on
Oct 8, 1984
Bought by
Sams Robert S

Purchase Details

Closed on
Sep 19, 1980
Bought by
United Southern Bank Of Morristown
Source: Public Records

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Range of Values:

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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
Thome Blake Andrew $310,000 None Listed On Document
Simpson Benjamin $160,000 Foothills Title Services Inc
Buck Chandis David $139,900 --
Scherrer Heiko $83,000 --
Hoffman William C $53,500 --
Barnard Fay $6,300 --
Sams Robert S -- --
United Southern Bank Of Morristown -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thome Blake Andrew $310,000
Previous Owner Simpson Benjamin $70,000
Previous Owner Simpson Benjamin $155,200
Previous Owner Buck Chandis David $141,313
Previous Owner Scherrer Heiko $23,045
Previous Owner Heiko Scherrer $78,932
Previous Owner United Southern Bank Of Morristown $78,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2024 03/04/24 Sold $310,000 -2.8% $248 / Sq Ft
01/14/2024 01/14/24 Pending -- -- --
12/04/2023 12/04/23 Price Changed $319,000 -3.3% $256 / Sq Ft
11/22/2023 11/22/23 For Sale $329,900 0.0% $264 / Sq Ft
11/19/2023 11/19/23 Off Market $329,900 -- --
11/18/2023 11/18/23 For Sale $329,900 +135.8% $264 / Sq Ft
04/28/2017 04/28/17 Sold $139,900 0.0% $112 / Sq Ft
03/09/2017 03/09/17 Pending -- -- --
01/02/2017 01/02/17 For Sale $139,900 -- $112 / Sq Ft
Source: Lakeway Area 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 $709 $36,000 $6,975 $29,025
2023 $709 $36,000 $0 $0
2022 $709 $36,000 $6,975 $29,025
2021 $709 $36,000 $6,975 $29,025
2020 $709 $36,000 $6,975 $29,025
2019 $648 $30,400 $6,975 $23,425
2018 $648 $30,400 $6,975 $23,425
2017 $648 $30,400 $6,975 $23,425
2016 $605 $30,400 $6,975 $23,425
2015 $562 $30,400 $6,975 $23,425
2014 -- $30,400 $6,975 $23,425
2013 -- $33,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 701948

Lakeway Area Association of REALTORS®

APN: 046D-F-007.00