NOT LISTED FOR SALE

744 Old State Rd Tellico Plains, TN 37385

Estimated Value: $103,000 - $175,000

2 Beds
1 Bath
1,200 Sq Ft
$108/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $75,000 $62 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $707/month

Highlights

  • Countryside Views
  • Wood Flooring
  • Wood Burning Fireplace
  • Traditional Architecture
  • Covered Patio or Porch
  • No Heating

About This Home

As of October 2021

Looking for a great little house to flip or maybe even a house to get into for less than $100,000? This home has a cute entrance into a galley kitchen and a designated dinning area. This home sits on a great lot that has space for a small garden or a chicken coop for fresh eggs! The location is perfect! Just 10 minutes out of Tellico Plains where you are close to wonderful activities such as Indian Boundary Lake, Trout Mountain Inn and Coffee House, Big Bear Tubbing, Iron Works Grille, Tellico River, trout fishing, Cherahola Skyway to North Carolina and so much more! In the other direction you are just 15 to 20 min from grocery stores, restaurants, shopping and more! Call today and let's go check it out!

Last Agent to Sell the Property

Jason Ratledge

East Tennessee Properties, LLC License #354900 Listed on: 08/18/2021

Last Buyer's Agent

Jason Ratledge

East Tennessee Properties, LLC License #354900 Listed on: 08/18/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $312

Year Built

  • Built in 1940

Lot Details

  • 1.45

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • Wood Burning Fireplace
  • Brick Fireplace
  • Wood Flooring
  • Countryside Views
  • Crawl Space
  • No Kitchen Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Tellico Plains Middle School
  • Tellico Plains High School

Utilities

  • No Cooling
  • No Heating

Additional Features

  • Covered Patio or Porch
  • 1.45 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 125 052.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$312

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Directions: South on 68 toward to Tellico Plains from Madisonville. Turn right on Old State Road. approximately 3 miles on the right. SOP
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1940
  • Lot Size Acres: 1.45
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Other, None
  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Brick, Wood Burning
  • Fireplaces: 1
  • Flooring: Hardwood

Exterior Features

  • Exterior Features: Porch - Covered
  • View: Country Setting
  • Lot Features: Other
  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off-Street Parking

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No

Schools

  • High School: Tellico Plains
  • Middle Or Junior School: Tellico Plains

Lot Info

  • Lot Size Sq Ft: 63162.0
  • Parcel #: 125 052.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Oct 8, 2021
Sold by
Freeman Sherry
Bought by
Crisp Kenneth Dale and Crisp Brenda Ann
Seller's Agent
Jason Ratledge
East Tennessee Properties, LLC
Buyer's Agent
Jason Ratledge
East Tennessee Properties, LLC
Sold Price
$75,000
Current Estimated Value
$129,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,626
Avg. Annual Appreciation
14.43%

Purchase Details

Listed on
Apr 26, 2012
Closed on
Jun 19, 2012
Sold by
Ervin Darrell
Bought by
Freeman Sherry
Seller's Agent
Chris Ghorley
East Tennessee Properties, LLC
Buyer's Agent
Chris Ghorley
East Tennessee Properties, LLC
Sold Price
$43,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%
Original Mortgage
$36,550
Interest Rate
3.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 29, 2006
Sold by
Ervin Fannie Mae
Bought by
Darrell Ervin

Purchase Details

Closed on
Jun 30, 1971
Bought by
Ervin Ottis and Fannie Mae
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Crisp Kenneth Dale $75,000 Skyway Title Services
Freeman Sherry $43,000 --
Darrell Ervin $66,000 --
Ervin Ottis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Freeman Sherry $36,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2021 10/08/21 Sold $75,000 +74.4% $63 / Sq Ft
06/19/2012 06/19/12 Sold $43,000 -- $36 / Sq Ft View Prior Sale
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
2025 $312 $22,100 $0 $0
2024 $312 $20,475 $3,500 $16,975
2023 $312 $20,475 $3,500 $16,975
2022 $284 $12,700 $2,575 $10,125
2021 $284 $12,700 $2,575 $10,125
2020 $284 $12,700 $2,575 $10,125
2019 $226 $11,425 $2,575 $8,850
2018 $226 $11,425 $2,575 $8,850
2017 $223 $10,625 $2,600 $8,025
2016 $223 $10,625 $2,600 $8,025
2015 $223 $10,625 $2,600 $8,025
2014 $222 $10,616 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jason Ratledge

    East Tennessee Properties, LLC

    (865) 410-1725

    88 Total Sales

    Jason Ratledge
    Section Image

  • C

    Seller's Agent in 2012

    Chris Ghorley

    East Tennessee Properties, LLC

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1164577

East Tennessee REALTORS® MLS

APN: 125-052.00

Tennessee Monroe County Tellico Plains 37385

744 Old State Rd, Tellico Plains, TN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

East Tennessee REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.

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