NOT LISTED FOR SALE

7736 Mulberry Gap Rd Tazewell, TN 37879

Estimated Value: $273,000 - $413,000

3 Beds
1 Bath
1,920 Sq Ft
$189/Sq Ft Est. Value

Last Sold September 26, 2022

Last sale price $350,000 $182 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,042/month

75 Days on Market

Highlights

  • Barn
  • 80 Acre Lot
  • Private Lot
  • View of Trees or Woods
  • Wood Burning Stove
  • Pond

About This Home

As of September 2022

First time on the market in over 100 years for this beautiful family farm. A large musical creek flows through the property and is heard while sitting on the covered porch. Another creek meanders through the holler, which flows next to the second barn, and connects with the larger ''Mulberry Creek''. There are many outbuildings, three large barns, three levels of pastureland, many wooded acres, 2 ponds, and a large yard that surrounds the home. Plenty of wildlife for the hunter on this land. This is a must see, land like this doesn't become available often! All buildings and home could use some TLC to bring back the original beauty and build another 100 years of history. Property is being sold As-Is.

Last Agent to Sell the Property

Shawn Hunt

Creek Country Real Estate License #343174 Listed on: 05/18/2022

Last Buyer's Agent

Melanie Cool Hogan

Realty Executives Associates License #364545

Realty Executives Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $795

Year Built

  • Built in 1936

Lot Details

  • 80 Acre Lot
  • Private Lot
  • Level Lot
  • Wooded Lot
  • Historic Home

Parking

  • Off-Street Parking

Property Views

  • Woods
  • Mountain
  • Countryside Views
  • Forest

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,920 Sq Ft Home
  • Wood Burning Stove
  • Free Standing Fireplace
  • Crawl Space
  • Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Pond
  • Creek On Lot
  • Lake, Pond or Stream
  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Storage Shed

Schools

  • Hancock Middle School
  • Hancock High School

Farming

  • Barn

Utilities

  • No Cooling
  • Zoned Heating
  • Spring water is a source of water for the property
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 031 020.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$795

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Directions: From the Courthouse in Sneedville take TN-33 (Main St.) to Left on TN-63 (Newmans Ridge) Follow over the Mountain to a left on Mulberry Gap Rd., Go approximately 5 ½ miles to the property on the right.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1936
  • Lot Size Acres: 80.0
  • Architectural Style: Other, Historic
  • Property Attached Yn: No
  • Lot Description:Rolling Slope: Yes
  • Lot Description:Wooded: Yes
  • View:Mountain View: Yes
  • View:Wooded2: Yes
  • General Property Description:Fireplace: No
  • General Property Description:SqFt - Main Lvl: 1140.0
  • General Property Description:SqFt - 2nd Flr Lvl: 780.0
  • General Property Description:HOA: No
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: No
  • AtchdDtchd Type:Detached: Yes
  • Siding:Vinyl2: Yes
  • Floors:Hardwood: Yes
  • Floors:Vinyl: Yes
  • Appliances Refrigerators: Yes
  • Outbuildings:Storage Shed: Yes
  • Lot Description:Private: Yes
  • Lot Description:Creek: Yes
  • Fireplace Free Standing: Yes
  • Outbuildings:Detached Workshop: Yes
  • Cooling:None12: Yes
  • Outbuildings:Barn: Yes
  • Water:Spring: Yes
  • Lot Description:Pond: Yes
  • Style:Historic: Yes
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Free Standing, Wood Burning Stove
  • Flooring: Hardwood, Vinyl
  • Basement:Crawl Space: Yes
  • Appliances Range: Yes
  • Fireplace:Wood Burning Stove: Yes

Exterior Features

  • Exterior Features: Porch - Covered
  • View: Mountain View, Country Setting, Wooded
  • Lot Features: Creek, Private, Pond, Wooded, Level, Rolling Slope
  • Construction Type: Vinyl Siding, Frame, Other
  • Other Structures: Storage, Barn(s), Workshop
  • Construction:Frame: Yes
  • Exterior Features:Porch - Covered: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes

Schools

  • High School: Hancock
  • Middle Or Junior School: Hancock

Lot Info

  • Lot Size Sq Ft: 3484800.0
  • Parcel #: 031 020.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Sep 26, 2022
Sold by
Toole Teresa Ferguson
Bought by
Mongold Danny L and Mongold Colleen Marie
Seller's Agent
Shawn Hunt
Creek Country Real Estate
Buyer's Agent
Melanie Cool Hogan
Realty Executives Associates
List Price
$475,000
Sold Price
$350,000
Premium/Discount to List
-$125,000
-26.32%
Current Estimated Value
$362,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,705
Avg. Annual Appreciation
1.49%
Original Mortgage
$280,000
Outstanding Balance
$270,254
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$95,049

Purchase Details

Closed on
Sep 3, 1994
Bought by
Lynch Howard M Ruby Lynch Brown

Purchase Details

Closed on
Nov 24, 1992
Bought by
Lynch Howard and Lynch Woodard

Purchase Details

Closed on
Jan 1, 1979
Bought by
Lynch Howard and Lynch Woodard

Purchase Details

Closed on
Jan 1, 1959

Purchase Details

Closed on
Jan 1, 1924
Source: Public Records

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
Mongold Danny L $350,000 Premier Title
Lynch Howard M Ruby Lynch Brown -- --
Lynch Howard -- --
Lynch Howard -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mongold Danny L $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2022 09/26/22 Sold $350,000 -11.4% $182 / Sq Ft
07/15/2022 07/15/22 Price Changed $395,000 -16.8% $206 / Sq Ft
05/17/2022 05/17/22 For Sale $475,000 -- $247 / 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 $795 $35,800 $13,200 $22,600
2023 $795 $35,800 $13,200 $22,600
2022 $783 $35,275 $12,675 $22,600
2021 $615 $21,925 $11,000 $10,925
2020 $487 $21,925 $11,000 $10,925
2019 $487 $21,925 $11,000 $10,925
2018 $487 $21,925 $11,000 $10,925
2017 $487 $21,925 $11,000 $10,925
2016 $511 $23,025 $12,825 $10,200
2015 $511 $23,025 $12,825 $10,200
2014 $511 $23,032 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Shawn Hunt

    Creek Country Real Estate

  • M

    Buyer's Agent in 2022

    Melanie Cool Hogan

    Realty Executives Associates

    (309) 369-5466

    9 Total Sales

    Melanie Cool Hogan
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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1191783

East Tennessee REALTORS® MLS

APN: 031-020.00

Tennessee Hancock County Tazewell 37869

7736 Mulberry Gap Rd, Tazewell, TN

This home is located at 7736 Mulberry Gap Rd, Tazewell, TN 37879 since 18 May 2022 and is currently estimated at $362,705, approximately $188 per square foot. This property was built in 1936. 7736 Mulberry Gap Rd is a home located in Hancock County with nearby schools including Hancock County Elementary School and Hancock 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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