NOT LISTED FOR SALE

809 Rainbow Rd Mountain City, TN 37683

Estimated Value: $181,000 - $265,000

3 Beds
1.5 Baths
1,500 Sq Ft
$150/Sq Ft Est. Value

Sale Details

Date Sold: July 13, 2021

Last sale price $155,000 $103 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,374 / mo

48 Days on Market

Highlights

  • Barn
  • Wood Burning Stove
  • Mud Room
  • 3.2 Acre Lot
  • Wood Flooring
  • Sitting Room

About This Home

As of July 2021

Come see this beautiful 3 bd 1 ba home on a hill in a great neighborhood and enjoy the view on the way in. This home is well built, with a full basement and an extra shower and wash space, food storage, and three different options for heat: wood, electric, and oil (just needs a monitor). The bedrooms are all spacious and feature their own closets. The land outside features 2 peach trees, an apple, and a grapevine, with multiple outbuildings and a good amount of hay field.

Last Agent to Sell the Property

NATHANIEL SLATTERY

General Realty of Tennessee License #360457 Listed on: 05/20/2021

Last Buyer's Agent

Joel Farthing

Boone Real Estate License #323688

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 3.2 Acre Lot
  • Sloped Lot
  • Cleared Lot
  • Garden
  • Property is in good condition

Parking

  • Circular Driveway

Home Design

  • Slab Foundation
  • Wood Walls
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Wood Burning Stove
  • Mud Room
  • Entrance Foyer
  • Sitting Room
  • Wood Flooring
  • Finished Basement
  • Basement Cellar
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Shower

Outdoor Features

  • Balcony
  • Shed
  • Outbuilding
  • Breezeway

Schools

  • Mountain City Elementary School
  • Johnson Co Middle School
  • Johnson Co High School

Farming

  • Barn

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 055 038.00 000

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

3.2 Acres

Listing Details

  • Directions: From Red Tail Golf Course head north on 421 s to the first light. Turn left on 167 and make an immediate right onto Rainbow Road. Go right at the split by the church and follow until you see the house on the left.
  • Prop. Type: Residential
  • Year Built: 1950
  • Property Sub Type: Single Family Residence
  • Unit Levels: 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: 3.2
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Mountain City
  • General Property Description Middle School2: Johnson Co
  • General Property Description High School3: Johnson Co
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • General Property Description Lot Dimensions: 3.2 ac
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1500.0
  • General Property Description Above Grade SqFt: 1000.0
  • Appliances Refrigerators: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 055 038.00 000
  • AC Heat Pump3: Yes
  • Other Structures Outbuilding: Yes
  • Other Structures Shed(s): Yes
  • Interior Features Shower Only: Yes
  • TopographyLot Description Sloped: Yes
  • TopographyLot Description Cleared: Yes
  • Roof Metal3: Yes
  • Walls Wood3: Yes
  • Other Structures Barn(s): Yes
  • Foundation Slab: Yes
  • Other Rooms Sitting: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Has Basement: Cellar, Concrete, Finished
  • Flooring: Hardwood
  • Interior Amenities: Entrance Foyer, Shower Only, Walk-In Closet(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 500.0
  • Fireplace Features: Wood Burning Stove
  • General Property Description Baths - Full: 1
  • General Property Description Baths - 12: 1
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Entrance Foyer: Yes
  • Appliances:Electric Range: Yes
  • Basement:Concrete3: Yes
  • Basement:Basement Finished2: Yes
  • Fireplace:Wood Burning Stove: Yes
  • Other Rooms:Mud Room: Yes
  • Basement:Cellar: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Metal
  • Other Structures: Barn(s), Outbuilding, Shed(s)
  • Exterior Features: Balcony, Garden
  • Acres: 3.2
  • Topography: Cleared, Sloped
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Breezeway
  • Exterior Finish Vinyl Siding: Yes
  • Exterior Features:Garden: Yes
  • Exterior Features:Balcony: Yes
  • PorchPatioDeck Breezeway: Yes

Garage/Parking

  • Parking Features: Driveway, Circular Driveway
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • Parking Features:Circular Driveway: Yes

Utilities

  • Heating: Heat Pump, Oil, Wood Stove
  • Sewer: Septic Tank
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Wood Stove: Yes
  • Heating:Oil: Yes

Schools

  • Elementary School: Mountain City
  • High School: Johnson Co
  • Middle Or Junior School: Johnson Co

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 3.2 ac
  • Lot Size Sq Ft: 139392.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 055 038.00 000
  • ResoLotSizeUnits: Acres

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Jul 13, 2021
Sold by
Bought by
Seller's Agent
NATHANIEL SLATTERY
General Realty of Tennessee
Buyer's Agent
Joel Farthing
Boone Real Estate
List Price
$190,000
Sold Price
$155,000
Premium/Discount to List
-$35,000
-18.42%
Current Estimated Value
$246,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,111
Avg. Annual Appreciation
7.79%
Original Mortgage
$147,250
Interest Rate
0.029%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 1958
Bought by
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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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$155,000 None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $147,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/13/2021 07/13/21 Sold $155,000 -18.4% $103 / Sq Ft
07/08/2021 07/08/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $190,000 -- $127 / Sq Ft
Source: Tennessee/Virginia Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $534 $24,175 $8,300 $15,875
2024 $461 $20,875 $8,300 $12,575
2023 $461 $20,875 $8,300 $12,575
2022 $378 $20,875 $8,300 $12,575
2021 $378 $20,875 $8,300 $12,575
2020 $355 $20,875 $8,300 $12,575
2019 $355 $17,300 $7,375 $9,925
2018 $355 $17,300 $7,375 $9,925
2017 $355 $17,300 $7,375 $9,925
2016 $355 $17,300 $7,375 $9,925
2015 $313 $17,300 $7,375 $9,925
2014 $314 $17,350 $8,300 $9,050
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    NATHANIEL SLATTERY

    General Realty of Tennessee

  • Joel Farthing

    Buyer's Agent in 2021

    Joel Farthing

    Boone Real Estate

    (828) 773-3384

    242 Total Sales

    Joel Farthing
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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9922814

Tennessee/Virginia Regional MLS

APN: 055-038.00

Tennessee Johnson County Mountain City 37683

809 Rainbow Rd, Mountain City, TN

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