NOT LISTED FOR SALE

801 Basin Rd Erwin, TN 37650

Estimated Value: $244,000 - $5,348,223

7 Beds
6 Baths
5,375 Sq Ft
$520/Sq Ft Est. Value

Last Sold May 25, 2017

Last sale price $2,650,000 $493 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $17,403/month

228 Days on Market

Highlights

  • Barn
  • Mountainous Lot
  • Kennel or Dog Run
  • 365 Acre Lot
  • Community Spa
  • Outdoor Grill

About This Home

As of May 2017

Exceptional, One of a Kind, Private Estate, Hunting Retreat, Wedding Events, Romantic Setting are all elements that describe this unique property surrounded by the mountains of East Tennessee. There are 4 houses on the property, all of which, will be sold furnished and each in their own private setting. There are 4 ponds, an apple orchard, 25'x 40' dog kennel (6 rooms outside, 3 inside), 3 barns (fully powered), mechanics garage, gated entrance, more then a mile of concrete driveways and over 7,000 SF of garage space with multiple drive-in doors. The main house is approximately 2,280 SF and comes equipped with an indoor hot tub and lap pool. The bedrooms are spacious and furnishings have been carefully chosen by an interior decorator. This house has a loft for extra sleeping quarters. The outdoor kitchen offers an excellent barbecue venue for social events. There is a large garage attached to the main house, which will accommodate vehicles, ATV's, tractors, etc... House number two is a stone house approximately 1,450 SF and crafted with similar indoor characteristics as the main house. It has a large stone front porch for outdoor hosting of special events or family functions. The third house is a cabin closer to the entrance of the property, approximately 820 SF and could be used for many different accommodations (In-laws, guest house, etc...).The final house is a cabin with a loft, approximately 1,000 SF, located off a gravel road and sits near the highest elevation on the property, which is +/- 4,100 feet. This will make for an excellent honeymoon suite, hunting cabin, social gatherings, etc...The property currently has a full time staffer who keeps up with the maintenance on all the houses, land and equipment. Words cannot express all the beauty of this fine property. Owner Financing Available.

Last Agent to Sell the Property

Bryan Sangid

The Elite Team Agency License #321218 Listed on: 09/08/2016

Co-Listed By

Joe Wilson

The Brokers Realty & Auction License #16224

Last Buyer's Agent

Jeffrey Allen

Carolina Tennessee Land Co. License #306250

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1987

Lot Details

  • 365 Acre Lot
  • Kennel or Dog Run
  • Lot Has A Rolling Slope
  • Mountainous Lot
  • Property is in good condition

Home Design

  • Wood Walls
  • Metal Roof
  • Wood Siding
  • Stone Veneer

Interior Spaces

  • 5,375 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Full Bathrooms

Schools

  • Temple Hill Elementary School
  • Unicoi Co Middle School
  • Unicoi Co High School

Additional Features

  • Outdoor Grill
  • Barn
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 015.00

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Community Spa

Home Details

Home Type

Single Family

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Directions: From Coffee Ridge Rd turn onto Taylor Road. In .5 miles the property will be on the right and is gated.
  • Prop. Type: Residential
  • Year Built: 1987
  • Property Sub Type: Single Family Residence
  • Reso Association Amenities: Spa/Hot Tub
  • Co List Office Phone: 423-631-0355
  • Unit Levels: One and One Half, One
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 365.0
  • General Property Description Zoning2: 0
  • General Property Description Elementary School3: Temple Hill
  • General Property Description Middle School2: Unicoi Co
  • General Property Description High School3: Unicoi Co
  • Property Condition Above Average: Yes
  • General Property Description Lot Dimensions: 0
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 5375.0
  • General Property Description Above Grade SqFt: 5375.0
  • AC Central Air: Yes
  • General Property Description Parcel ID2: 015.00
  • TopographyLot Description Rolling Slope: Yes
  • Roof Metal3: Yes
  • Walls Wood3: Yes
  • Other Structures Barn(s): Yes
  • TopographyLot Description Mountainous: Yes
  • Other Structures KennelDog Run: Yes
  • Levels One: Yes
  • Levels One and One Half: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Full Bathrooms: 6
  • Total Bedrooms: 7
  • General Property Description Baths - Full: 6

Exterior Features

  • Property Condition: Above Average
  • Roof: Metal
  • Other Structures: Barn(s), Kennel/Dog Run
  • Exterior Features: Outdoor Grill
  • Acres: 365.0
  • Topography: Mountainous, Rolling Slope
  • Home Warranty: No
  • Construction Type: Stone Veneer, Wood Siding
  • Exterior Finish Wood Siding: Yes
  • Exterior Finish Stone Veneer: Yes
  • Exterior Features:Outdoor Grill: Yes

Garage/Parking

  • Parking Features: Concrete
  • Attached Garage: No
  • Parking Features:Concrete2: Yes

Utilities

  • Heating: Central
  • Sewer: Other, See Remarks
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Other, See Remarks
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Exterior Amenities:SpaHot Tub: Yes

Schools

  • Elementary School: Temple Hill
  • High School: Unicoi Co
  • Middle Or Junior School: Unicoi Co

Lot Info

  • Zoning: 0
  • Lot Dimensions: 0
  • Lot Size Sq Ft: 15899400.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 015.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2016
Closed on
May 25, 2017
Sold by
Runion William Lee
Bought by
Harshbarger Robert H Jr Trustee Harshbarger D
Seller's Agent
Bryan Sangid
The Elite Team Agency
Buyer's Agent
Jeffrey Allen
Carolina Tennessee Land Co.
List Price
$5,000,000
Sold Price
$2,650,000
Premium/Discount to List
-$2,350,000
-47%
Current Estimated Value
$2,796,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,112
Avg. Annual Appreciation
0.62%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Harshbarger Robert H Jr Trustee Harshbarger D $2,000,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2017 05/25/17 Sold $2,650,000 -47.0% $493 / Sq Ft
04/25/2017 04/25/17 Pending -- -- --
09/08/2016 09/08/16 For Sale $5,000,000 -- $930 / Sq Ft
Source: Tennessee/Virginia Regional 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 -- $297,925 $72,625 $225,300
2024 -- $297,925 $72,625 $225,300
2023 $0 $297,925 $0 $0
2022 $7,003 $297,925 $72,625 $225,300
2021 $7,120 $249,500 $59,050 $190,450
2020 $6,696 $249,500 $59,050 $190,450
2019 $6,696 $249,500 $59,050 $190,450
2018 $6,696 $249,500 $59,050 $190,450
2017 $6,696 $249,500 $59,050 $190,450
2016 $2,877 $107,200 $46,975 $60,225
2015 $2,892 $107,750 $0 $0
2014 $2,892 $107,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 382592

Tennessee/Virginia Regional MLS

APN: 065-01500-000