NOT LISTED FOR SALE

8025 Highway 68 Tellico Plains, TN 37385

Estimated Value: $115,000

13.81 Acres
$8,327 Price per Acre
601,564 Sq Ft Lot

Last Sold November 01, 2023

Last sale price $162,500

Est. 29% decrease in value since last sale

Current estimated payment $628/month

62 Days on Market

Highlights

  • View of Trees or Woods
  • Wooded Lot
  • Lot Has A Rolling Slope

About This Lot

As of November 2023

13.81+/- acres with AWESOME MOUNTAIN VIEWS. SOIL STUDY ALREADY COMPLETED. POSSIBLE OWNER FINANCING WITH REASONABLE TERMS (ask your agent for the terms). This property would make a great development. Seller has installed driveway tile and 4 inch commercial water lines. This gorgeous, wooded land has beautiful views and would make a great place for cabins or your dream home. Come live in Tellico Plains to enjoy the mountains, rivers and peaceful community. Experience the Trout Festival and nearby Gold Festival every year. Tellico River offers world class trout fishing, amazing scenery and long relaxing float trips. Take in the views on the Cherohala Skyway or have a picnic at Balk River Falls. You will feel like you're in a Hallmark movie every day! Call today and make this great property yours!!

Last Agent to Sell the Property

Nancy Howard

Weichert Realtors - The Space Place License #334881 Listed on: 08/21/2023

Weichert Realtors - The Space Place

Co-Listed By

Art Howard

Weichert Realtors - The Space Place License #369854

Last Buyer's Agent

Amber Edwards

Realty Executives Associates License #361989

Realty Executives Associates

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $279

Lot Details

  • 13.81 Acre Lot
  • Lot Dimensions are 792x375x1101x404x233x79x87x146x74x285
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Finished Lot(s)

Property Views

  • Woods
  • Mountain
  • Forest

Utilities

  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 125 041.00

Property Details

Property Type

Land

Est. Annual Taxes

$279

Lot Details

0

Listing Details

  • Directions: Take Highway 68 East toward Tellico Plains. Property is on the Westbound side across from Old State Road
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 13.81
  • Lot Size: 792x375x1101x404x233x79x87x146x74x285
  • Co List Office Phone: 423-745-2634
  • Topography:Rolling: Yes
  • Lot Description:Rolling Slope: Yes
  • Lot Description:Wooded: Yes
  • View:Mountain View: Yes
  • View:Wooded2: Yes
  • Utilities Available:Electricity4: Yes
  • Utilities Available:Telephone5: Yes
  • Utilities Available:Water5: Yes
  • Property Sub-Type:Single Family2: Yes
  • Property Sub-Type:Mobile Home2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountain View, Wooded
  • Lot Features: Rolling, Wooded, Rolling Slope
  • Road Frontage Paved: Yes

Lot Info

  • Lot Size Sq Ft: 601563.6
  • Parcel #: 125 041.00
  • Zoning Description: None
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2023
Closed on
Nov 1, 2023
Sold by
Orcutt Guy Tab
Bought by
Snead Darla Katherine
Seller's Agent
Nancy Howard
Weichert Realtors - The Space Place
Buyer's Agent
Amber Edwards
Realty Executives Associates
List Price
$174,900
Sold Price
$162,500
Premium/Discount to List
-$12,400
-7.09%
Views
102
Current Estimated Value
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,500
Avg. Annual Appreciation
-15.95%

Purchase Details

Closed on
Mar 8, 2021
Sold by
Dream Cloud Ltd Llc
Bought by
Orcutt Guy Tab

Purchase Details

Closed on
Aug 28, 1976
Bought by
Lee Yong Gil
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
Snead Darla Katherine $162,500 Conveyance Title And Escrow In
Orcutt Guy Tab $55,000 Maryville Title Agency
Lee Yong Gil -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2023 11/01/23 Sold $162,500 -7.1% --
10/23/2023 10/23/23 Pending -- -- --
08/21/2023 08/21/23 For Sale $174,900 -- --
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 $279 $18,300 $0 $0
2024 $279 $18,300 $18,300 $0
2023 $279 $18,300 $18,300 $0
2022 $338 $15,100 $15,100 $0
2021 $392 $17,525 $17,525 $0
2020 $377 $16,850 $16,850 $0
2019 $334 $16,850 $16,850 $0
2018 $334 $16,850 $16,850 $0
2017 $250 $11,950 $11,950 $0
2016 $250 $11,950 $11,950 $0
2015 $250 $11,950 $11,950 $0
2014 $250 $11,948 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nancy Howard

    Seller's Agent in 2023

    Nancy Howard

    Weichert Realtors - The Space Place

    (423) 506-4444

    78 Total Sales

    Nancy Howard
    Section Image

  • A

    Seller Co-Listing Agent in 2023

    Art Howard

    Weichert Realtors - The Space Place

    (423) 506-3312

    18 Total Sales

    Art Howard
    Section Image
  • Amber Edwards

    Buyer's Agent in 2023

    Amber Edwards

    Realty Executives Associates

    (904) 955-5306

    60 Total Sales

    Amber Edwards
    Section Image
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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1237183

East Tennessee REALTORS® MLS

APN: 125-041.00

Tennessee Monroe County Tellico Plains 37385

8025 Highway 68, 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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