NOT LISTED FOR SALE

811 Pearman Rd Cumberland Gap, TN 37724

Estimated Value: $204,459 - $234,000

3 Beds
2 Baths
1,560 Sq Ft
$139/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $56,000 $36 Per Sq Ft

Est. 288% increase in value since last sale

Current estimated payment $1,249/month

131 Days on Market

Highlights

  • 1 Acre Lot
  • Wooded Lot
  • Covered patio or porch
  • Mountain View
  • Wood Flooring
  • Log Cabin

About This Home

As of March 2018

This is a 3 bedroom 2 bath logs home on and acre of land in the Cumberland Gap (Speedwell) area of Claiborne County TN. I features a sunken living room with gas fireplace, kitchen, dining room and enjoy your East Tennessee days on the covered front porch while you enjoy the view of the mountains. Call us today for your appointment to see!

This property is subject to Freddie Mack First Look Initiative until 10/18/2017

Last Agent to Sell the Property

Nicole Goins

Heartland Real Estate, LLC License #282093 Listed on: 10/02/2017

Last Buyer's Agent

Nicole Goins

Heartland Real Estate, LLC License #282093 Listed on: 10/02/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $589

Year Built

  • Built in 1979

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 200x218
  • Wooded Lot

Parking

  • Off-Street Parking

Home Design

  • Log Cabin
  • Log Siding

Interior Spaces

  • 1,560 Sq Ft Home
  • Stone Fireplace
  • Insulated Windows
  • Wood Flooring
  • Mountain Views
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered patio or porch
  • Outdoor Storage

Utilities

  • No Cooling

Listing and Financial Details

  • Assessor Parcel Number 040017.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$589

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Directions: Travel Hwy 63 approximately 6 miles from traffic light in Harrogate. Turn on Pearman Rd. Travel approximately .3 miles, home is on right.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1979
  • Lot Size Acres: 1.0
  • Lot Size: 200x218
  • Architectural Style: Log
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Flooring: Hardwood

Exterior Features

  • Exterior Features: Windows - Insulated, Porch - Covered
  • View: Mountain View
  • Lot Features: Wooded
  • Construction Type: Log
  • Other Structures: Storage

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: 040017.01
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2017
Closed on
Feb 28, 2018
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Brock Preston
Seller's Agent
Nicole Goins
Heartland Real Estate, LLC
Buyer's Agent
Nicole Goins
Heartland Real Estate, LLC
Sold Price
$56,000
Current Estimated Value
$217,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,365
Avg. Annual Appreciation
21.17%
Original Mortgage
$50,344
Outstanding Balance
$37,287
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$192,363

Purchase Details

Closed on
Jan 26, 2017
Sold by
Parks Alice
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 1, 1979
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Brock Preston $56,000 None Available
Federal Home Loan Mortgage Corporation $39,774 --
-- $1,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brock Preston $50,344
Previous Owner Parks Mike $25,686
Previous Owner Mike Parks $87,000
Previous Owner Parks Michael S $81,600
Previous Owner Mike Parks $67,600
Previous Owner Mike Parks $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2018 03/30/18 Sold $56,000 -- $36 / 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 $589 $25,175 $2,600 $22,575
2023 $589 $25,175 $2,600 $22,575
2022 $504 $25,175 $2,600 $22,575
2021 $457 $17,725 $2,700 $15,025
2020 $457 $17,725 $2,700 $15,025
2019 $457 $17,725 $2,700 $15,025
2018 $457 $17,725 $2,700 $15,025
2017 $565 $21,900 $2,700 $19,200
2016 $577 $22,375 $2,700 $19,675
2015 $555 $22,375 $2,700 $19,675
2014 $555 $22,365 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1018437

East Tennessee REALTORS® MLS

APN: 040-017.01