$2,135
SOLD MAR 15, 2025

8287 Oak Terrace Ln Powell, TN 37849

3 Beds
2 Baths
1,408 Sq Ft
9,278 Sq Ft Lot

Recently Sold

$2 Per Sq Ft

15 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Living Room
  • Sun or Florida Room
  • Walk-In Closet
  • Tile Flooring

About This Home

As of March 2025

Looking for your dream home? Through our seamless leasing process, this beautifully designed home is move-in ready. Our spacious layout is perfect for comfortable living that you can enjoy with your pets too; we're proud to be pet friendly. Our homes are built using high-quality, eco-friendly materials with neutral paint colors, updated fixtures, and energy-efficient appliances. Enjoy the backyard and community to unwind after a long day, or simply greet neighbors, enjoy the fresh air, and gather for fun-filled activities. Ready to make your next move your best move? Apply now. Take a tour today. We'll never ask you to wire money or request funds through a payment app via mobile. The fixtures and finishes of this property may differ slightly from what is pictured.

Last Agent to Sell the Property

John Waltmon

Main Street Renewal, LLC License #356860 Listed on: 02/28/2025

Last Buyer's Agent

John Waltmon

Main Street Renewal, LLC License #356860 Listed on: 02/28/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $726

Year Built

  • Built in 2001

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 1,408 Sq Ft Home
  • Ceiling Fan
  • Vinyl Clad Windows
  • Living Room
  • Sun or Florida Room
  • Range

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Schools

  • Powell Elementary And Middle School
  • Powell High School

Additional Features

  • Level Lot
  • Zoned Heating and Cooling System

Community Details

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

Listing and Financial Details

  • Security Deposit $2,135
  • No Smoking Allowed
  • $50 Application Fee
  • 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: Head north on Old Clinton Pike toward Norman Rd 118 ft Turn right to stay on Old Clinton Pike 0.5 mi Turn left onto Cruze Dr 39 ft Turn right onto Bell Campground Rd 0.9 mi Continue straight onto Oak Terrace Ln  Destination will be on the left
  • Property Sub Type: Single Family Residence
  • Prop. Type: Rental
  • Year Built: 2001
  • Lot Size: 76.61 X 108.41 X IRR
  • Subdivision Name: Bell Place S/D Unit 1
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • General Property Description:Fireplace: No
  • General Property Description:SqFt - Main Lvl: 1408.0
  • General Property Description:HOA: No
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: No
  • AtchdDtchd Type:Detached: Yes
  • Siding:Vinyl2: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Walk-in Closets: Yes
  • Floors:Laminate: Yes
  • Floors:Tile2: Yes
  • Contract Info:Deposit: 2135.0
  • Contract Info:Application Fee: 50.0
  • Contract Info:Smoking: No
  • Contract Info:Pets: Indoor/Outdoor
  • Contract Info:Pet Deposit: 250.0
  • Location Tax Legal Info:Property Sub-Type: Residential
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator
  • Basement YN: No
  • Has Basement: None
  • Fireplace: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Flooring: Laminate, Tile
  • Appliances Range: Yes
  • Fireplace:None15: Yes
  • Basement:None14: Yes

Exterior Features

  • Exterior Features: Windows - Vinyl
  • Lot Features: Other, Level
  • Construction Type: Other, Vinyl Siding
  • Exterior Features:Windows - Vinyl: Yes
  • Construction:Other7: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Cooling, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Schools

  • Elementary School: Powell
  • High School: Powell
  • Middle Or Junior School: Powell

Lot Info

  • Parcel #: 056HD015

Rental Info

  • Lease Term: 12 Months

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

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 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: 1291433

East Tennessee REALTORS® MLS

APN: 056HD-015