NOT LISTED FOR SALE

8388 N River Rd Townsend, TN 37882

Estimated Value: $1,576,920

39.6 Acres
$39,821 Price per Acre
1,724,976 Sq Ft Lot

Last Sold July 12, 2017

Last sale price $750,000

Est. 110% increase in value since last sale

Current estimated payment $8,602/month

315 Days on Market

Highlights

  • River Front
  • Views
  • Lot Has A Rolling Slope
  • 39.6 Acre Lot
  • Paved or Partially Paved Lot
  • No Heating

About This Lot

As of July 2017

Rare! Approx. 1,500 ft of river frontage on the Little River and approx. 800 ft of road frontage on Wears Valley Rd. Additional 10 acres available on Wears Valley for a total of 1500 ft of road frontage and 51 +/- acres.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $908

Lot Details

  • 39.6 Acre Lot
  • River Front
  • Property fronts a state road
  • Paved or Partially Paved Lot
  • Lot Has A Rolling Slope

Interior Spaces

  • Property has 3 Levels
  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 097 03100 000

Property Details

Property Type

Land

Est. Annual Taxes

$908

Lot Details

0

Listing Details

  • Prop. Type: Farm
  • Habitable Residence: No
  • Unit Levels: Three Or More
  • ResoPropertyType: Farm
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Fireplace: No
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet

Exterior Features

  • Pool Private: No
  • Road Frontage Type: State Road
  • Road Surface Type: Paved, Other
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: River Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Cooling Y N: No
  • Heating Yn: No

Lot Info

  • Lot Features: Other, Rolling Slope
  • Lot Size Acres: 39.6
  • Lot Size: 39.6.00 acres
  • Lot Size Units: Acres
  • Parcel #: 097 03100 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 908

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2016
Closed on
Jul 12, 2017
Sold by
Burns Nell W
Bought by
Messer Properties Llc
List Price
$800,000
Sold Price
$750,000
Premium/Discount to List
-$50,000
-6.25%
Current Estimated Value
$1,576,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$826,920
Avg. Annual Appreciation
9.57%
Original Mortgage
$600,000
Outstanding Balance
$501,177
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$1,075,743

Purchase Details

Closed on
Jan 25, 1973
Bought by
Burns Burns J and Burns Nell
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
Messer Properties Llc $750,000 --
Burns Burns J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Messer Properties Llc $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2017 07/12/17 Sold $750,000 -6.3% --
03/21/2017 03/21/17 Pending -- -- --
05/10/2016 05/10/16 For Sale $800,000 -- --
Source: Realtracs

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 $316 $19,850 $17,250 $2,600
2023 $316 $19,850 $17,250 $2,600
2022 $424 $17,175 $14,425 $2,750
2021 $424 $17,175 $14,425 $2,750
2020 $424 $17,175 $14,425 $2,750
2019 $424 $17,175 $14,425 $2,750
2018 $853 $34,525 $29,250 $5,275
2017 $879 $34,525 $29,250 $5,275
2016 $857 $34,700 $29,600 $5,100
2015 $746 $34,700 $29,600 $5,100
2014 $908 $34,700 $29,600 $5,100
2013 $908 $42,250 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2863149

Realtracs

APN: 097-031.00