NOT LISTED FOR SALE

7701 Clapps Chapel Rd Corryton, TN 37721

Gibbs Neighborhood

Estimated Value: $375,000 - $483,969

5 Beds
5 Baths
3,852 Sq Ft
$107/Sq Ft Est. Value

Last Sold March 28, 2025

Last sale price $355,000 $92 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,284/month

49 Days on Market

Highlights

  • 1.29 Acre Lot
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Deck
  • Wood Flooring
  • 2 Fireplaces

About This Home

As of March 2025

Unlock the potential of this exceptional cash flow investment property, offering diverse opportunities for substantial rental income. Situated on 1.29 acres, this unique property features a 3-bedroom, 3-bath brick basement rancher, a 2-bedroom cottage, and a cozy studio apartment. The main attraction is the spacious 3-bedroom basement rancher, which boasts a generous living area perfect for relaxation and entertaining. The basement includes additional rooms that could serve as bedrooms, offering potential for a mother-in-law suite, and extra storage space. Attached to the main home is a studio apartment with an open layout, including a sleeping area, small kitchenette, and bathroom. This space is ideal for single individuals seeking a private retreat. Adding to the property's charm is a delightful 2-bedroom cottage, offering a comfortable and private living environment for small families or couples. The outdoor space is equally impressive. The expansive yard is perfect for outdoor activities, gardening, or enjoying the peaceful surroundings. A fenced backyard provides privacy and security, making it ideal for families and pets. A highlight of the property is the inviting pool and spacious patio area, perfect for lounging, entertaining, and soaking up the sun. This is a rare gem with endless possibilities—don't miss the chance to make it yours!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,438

Year Built

  • Built in 1967

Lot Details

  • 1.29 Acre Lot
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • 2 Fireplaces
  • Exterior Basement Entry
  • Fire and Smoke Detector
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 5 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Schools

  • Gibbs Elementary School
  • Gibbs Middle School
  • Gibbs High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 013 165

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,438

Year Built

Built in 1967

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1967
  • Unit Levels: Three Or More
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bedroom Main Floor
  • Appliances: Dishwasher, Disposal, Refrigerator, Oven
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Carpet, Wood, Tile, Vinyl
  • Total Bedrooms: 5
  • Full Bathrooms: 5
  • Has Basement: Exterior Entry
  • Above Grade Finished Sq Ft: 3098
  • Below Grade Sq Ft: 754
  • Building Area Units: Square Feet
  • Living Area: 3852
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: Storage Building
  • Construction Type: Vinyl Siding, Other, Brick
  • Patio And Porch Features: Patio, Deck
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Attached
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Smoke Detector(s)

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 1.29
  • Lot Size Units: Acres
  • Parcel #: 013 165
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1438

MLS Schools

  • Elementary School: Gibbs Elementary
  • High School: Gibbs High School
  • Middle Or Junior School: Gibbs Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2024
Closed on
Mar 26, 2025
Sold by
Stewart Richard D
Bought by
Ascione Franco
List Price
$425,000
Sold Price
$355,000
Premium/Discount to List
-$70,000
-16.47%
Views
189
Current Estimated Value
$413,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,742
Avg. Annual Appreciation
21.69%
Original Mortgage
$167,000
Outstanding Balance
$165,913
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$247,829

Purchase Details

Closed on
Dec 16, 2021
Sold by
Miller Nancy M
Bought by
Stewart Richard D

Purchase Details

Closed on
Oct 2, 2012
Sold by
Miller Nancy M
Bought by
Miller Nancy M and Stewart Richard D

Purchase Details

Closed on
Jan 18, 2001
Sold by
Sharp Debra Ann Norton
Bought by
Sharp Roy Kenneth

Purchase Details

Closed on
Jun 2, 1997
Sold by
Todd Ted M
Bought by
Havey Kim A

Purchase Details

Closed on
Oct 10, 1995
Bought by
Todd Ted M

Purchase Details

Closed on
Jun 7, 1995
Bought by
Mink Kim A

Purchase Details

Closed on
May 18, 1995
Bought by
Williams Kenneth R

Purchase Details

Closed on
Feb 1, 1994
Sold by
Geneva Butler
Bought by
Brenda Patterson
Source: Public Records
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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
Ascione Franco $355,000 Concord Title
Stewart Richard D -- None Listed On Document
Miller Nancy M -- None Available
Sharp Roy Kenneth $100,000 --
Havey Kim A -- --
Todd Ted M $82,600 --
Mink Kim A -- --
Williams Kenneth R $14,500 --
Brenda Patterson $61,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ascione Franco $167,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2025 03/28/25 Sold $355,000 -16.5% $92 / Sq Ft
02/17/2025 02/17/25 Pending -- -- --
12/30/2024 12/30/24 For Sale $425,000 -- $110 / 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 $1,438 $92,525 $0 $0
2024 $1,438 $92,525 $0 $0
2023 $1,438 $92,525 $0 $0
2022 $1,438 $92,525 $0 $0
2021 $1,268 $59,825 $0 $0
2020 $1,268 $59,825 $0 $0
2019 $1,268 $59,825 $0 $0
2018 $1,268 $59,825 $0 $0
2017 $1,268 $59,825 $0 $0
2016 $1,228 $0 $0 $0
2015 $1,228 $0 $0 $0
2014 $1,228 $0 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2832417

Realtracs

APN: 013-165