$309,000
SOLD SEP 16, 2024

8287 Oak Terrace Ln Powell, TN 37849

3 Beds
2 Baths
1,408 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$219 Per Sq Ft

6% Below List Price

38 Days on Market

Highlights

  • Mountain View
  • Cathedral Ceiling
  • Bonus Room
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Sun or Florida Room

About This Home

As of March 2025

Beautiful custom built home in a cul-de-sac and a great neighborhood in Powell. Great curb appeal with a beautiful fence backyard. Custom two car garage with adjustable shelving and utility tub. Split floor plan with vaulted ceilings, fireplace, sunroom, master bedroom has his and hers large walk-in closets. New roof, inspection, and move-in ready.

Last Agent to Sell the Property

DANIEL DEMERS

Sell Your Home Services, LLC License #358681 Listed on: 07/25/2024

Last Buyer's Agent

Non Member Non Member

Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $726

Year Built

  • Built in 2001

Lot Details

  • 9,148 Sq Ft Lot
  • Cul-De-Sac
  • Fenced Yard
  • Chain Link Fence

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,408 Sq Ft Home
  • Wired For Data
  • Cathedral Ceiling
  • Ventless Fireplace
  • Gas Fireplace
  • Insulated Windows
  • Drapes & Rods
  • Open Floorplan
  • Bonus Room
  • Sun or Florida Room
  • Mountain Views

Kitchen

  • Self-Cleaning Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Slate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Separate Outdoor Workshop

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Internet Available

Community Details

  • No Home Owners Association
  • Bell Place S/D Unit 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 056HD015

Home Details

Home Type

Single Family

Est. Annual Taxes

$726

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Directions: From Bell Campground, turn onto Oak Terrace lane, go straight all the to the end. Property will be on the left side.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2001
  • Lot Size Acres: 0.21
  • Subdivision Name: Bell Place S/D Unit 1
  • Architectural Style: Traditional
  • Property Attached Yn: Yes
  • View:Mountain View: Yes
  • Lot Description:Cul-De-Sac: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 1408.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: No
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Fuel:Gas (Natural): Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Dining Area:KitchenDining Rm Co: Yes
  • Washers: Yes
  • Dining Area:Living RmDining Rm: Yes
  • Misc Features:Cathedral Ceiling: Yes
  • Misc Features:Drapes: Yes
  • Misc Features:Wired for Internet: Yes
  • Heat:Forced Air: Yes
  • Outbuildings:Detached Workshop: Yes
  • AtchdDtchd Type:Attached: Yes
  • Siding:Aluminum Siding: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Range, Self Cleaning Oven, Smoke Detector, Washer
  • Has Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Ventless
  • Fireplaces: 1
  • Flooring: Carpet, Slate
  • ResoLivingAreaSource: Owner
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Other Rooms:Sunroom: Yes
  • Other Rooms:Split Bedroom: Yes
  • Basement:None14: Yes
  • Fireplace:Gas5: Yes
  • Fireplace:Ventless: Yes

Exterior Features

  • Exterior Features: Windows - Insulated, Fenced - Yard, Fence - Chain, Doors - Storm
  • View: Mountain View
  • Lot Features: Cul-De-Sac
  • Construction Type: Aluminum Siding, Frame
  • Other Structures: Workshop
  • Construction:Frame: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Exterior Features:Fence - Chain: Yes
  • Exterior Features:Windows - Insulated: Yes
  • Exterior Features:Doors - Storm: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 2.0
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Off-Street Parking
  • GarageParking:Off-Street Parking: Yes

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 9147.6
  • Parcel #: 056HD015
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2024
Closed on
Sep 16, 2024
Sold by
Hersha Lee T
Bought by
Armm Asset Company 2 Llc
Seller's Agent
DANIEL DEMERS
Sell Your Home Services, LLC
Buyer's Agent
Non Member Non Member
Non-Member Office
List Price
$329,000
Sold Price
$309,000
Premium/Discount to List
-$20,000
-6.08%
Views
74
Current Estimated Value
$315,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,331
Avg. Annual Appreciation
4.55%

Purchase Details

Listed on
Oct 30, 2015
Closed on
Feb 17, 2016
Sold by
Lesueur Sara S and Lesueur James E
Bought by
Hersha Lee T
Seller's Agent
Patty Lay
Wallace
Buyer's Agent
Jeff McCormick
Realty Executives Associates
Sold Price
$140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.65%
Original Mortgage
$137,464
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 20, 2006
Sold by
Lesueur Sara S and Stringfield Sara L
Bought by
Lesueur James E and Lesueur Sara S

Purchase Details

Closed on
Feb 28, 2001
Sold by
Nova Inc
Bought by
Stringfield Sara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,571
Interest Rate
7.06%
Mortgage Type
FHA
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $309,000 Summit Title & Escrow
Warranty Deed $140,000 Foothills Title Services Inc
Interfamily Deed Transfer -- None Available
Corporate Deed $97,335 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $137,464 FHA
Previous Owner $63,995 Unknown
Previous Owner $96,571 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2025 03/15/25 Sold $2,135 0.0% $2 / Sq Ft
02/28/2025 02/28/25 For Sale $2,135 -99.3% $2 / Sq Ft
09/16/2024 09/16/24 Sold $309,000 -6.1% $219 / Sq Ft
09/02/2024 09/02/24 Pending -- -- --
07/25/2024 07/25/24 For Sale $329,000 +135.0% $234 / Sq Ft
02/17/2016 02/17/16 Sold $140,000 -- $112 / 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 $726 $46,725 $0 $0
2023 $726 $46,725 $0 $0
2022 $726 $46,725 $0 $0
2021 $712 $33,600 $0 $0
2020 $712 $33,600 $0 $0
2019 $712 $33,600 $0 $0
2018 $712 $33,600 $0 $0
2017 $712 $33,600 $0 $0
2016 $689 $0 $0 $0
2015 $689 $0 $0 $0
2014 $689 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1270803

East Tennessee REALTORS® MLS

APN: 056HD-015