NOT LISTED FOR SALE

7716 Gibbs Rd Corryton, TN 37721

Gibbs Neighborhood

Estimated Value: $149,000 - $188,689

1 Bed
1 Bath
836 Sq Ft
$204/Sq Ft Est. Value

Last Sold January 31, 2017

Last sale price $58,500 $70 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $965/month

188 Days on Market

Highlights

  • 1 Acre Lot
  • Private Lot
  • Attached Garage
  • Countryside Views
  • Cottage
  • Eat-In Kitchen

About This Home

As of January 2017

Here is your chance to own a move in ready tiny house on 1 acre of unrestricted level property nestled amongst larger homes and pasture land.

This home was completely renovated in 2000 including newer window, roof, gutters & soffit, flooring, HVAC, updated electrical, updated plumbing, new water lines, connected to city water, and more.

Amazing opportunity and tons of potential as the land has additional building sites and a great area for a garden. Low property taxes and low energy costs. You would be hard pressed to find a home in better condition for this price range.

Last Agent to Sell the Property

Christine McInerney

Realty Executives Associates Listed on: 05/12/2016

Last Buyer's Agent

Ashley Keeton Francis

Realty Executives Associates License #334299

Realty Executives Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $276

Year Built

  • Built in 1955

Lot Details

  • 1 Acre Lot
  • Private Lot

Home Design

  • Cottage

Interior Spaces

  • 836 Sq Ft Home
  • Vinyl Clad Windows
  • Insulated Windows
  • Living Room
  • Utility Room
  • Countryside Views
  • Crawl Space
  • Eat-In Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Attached Garage
  • Side or Rear Entrance to Parking

Additional Features

  • Outdoor Storage
  • Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 013 083

Home Details

Home Type

Single Family

Est. Annual Taxes

$276

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Directions: I-40 E/I-75 N to I-40 E to Millertown Pike. Take exit 8 from I-640 W to Millertown Pike toward Washington Pike/Mall Road N, Tazewell Pike to Gibbs Rd, house on right, sign on property.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1955
  • Lot Size Acres: 1.0
  • Architectural Style: Cottage
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Has Basement: Crawl Space, Slab
  • Fireplace: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Flooring: Carpet, Vinyl

Exterior Features

  • Exterior Features: Windows - Vinyl, Windows - Insulated
  • View: Country Setting
  • Lot Features: Private
  • Other Structures: Storage

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached, Side/Rear Entry

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: 013 083
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2016
Closed on
Jan 31, 2017
Sold by
Folden Shelby Jean
Bought by
Lynch James Adam
Seller's Agent
Christine McInerney
Realty Executives Associates
Buyer's Agent
Ashley Keeton Francis
Realty Executives Associates
Sold Price
$58,500
Current Estimated Value
$170,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,922
Avg. Annual Appreciation
13.60%
Original Mortgage
$55,575
Outstanding Balance
$47,005
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$126,192
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
Lynch James Adam $58,500 Southeast Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynch James Adam $55,575
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2017 01/31/17 Sold $58,500 -- $70 / 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 $276 $17,775 $0 $0
2023 $276 $17,775 $0 $0
2022 $276 $17,775 $0 $0
2021 $282 $13,325 $0 $0
2020 $282 $13,325 $0 $0
2019 $282 $13,325 $0 $0
2018 $282 $13,325 $0 $0
2017 $282 $13,325 $0 $0
2016 $252 $0 $0 $0
2015 $252 $0 $0 $0
2014 $232 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Christine McInerney

    Realty Executives Associates

  • A

    Buyer's Agent in 2017

    Ashley Keeton Francis

    Realty Executives Associates

    (865) 850-2113

    172 Total Sales

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 964516

East Tennessee REALTORS® MLS

APN: 013-083

Tennessee Knox County Corryton 37721 Gibbs

7716 Gibbs Rd, Corryton, TN

This home is located at 7716 Gibbs Rd, Corryton, TN 37721 since 12 May 2016 and is currently estimated at $170,422, approximately $203 per square foot. This property was built in 1955. 7716 Gibbs Rd is a home located in Knox County with nearby schools including Gibbs Elementary School, Gibbs Middle School, and Gibbs High School.

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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