NOT LISTED FOR SALE

840 Poteat Ln Fall Branch, TN 37656

Estimated Value: $457,000 - $598,000

3 Beds
2 Baths
1,932 Sq Ft
$282/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $458,000 $237 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,105/month

3 Days on Market

Highlights

  • Mountain View
  • Raised Ranch Architecture
  • Granite Countertops
  • Deck
  • Partially Wooded Lot
  • 4 Car Detached Garage

About This Home

As of August 2022

WELCOME HOME! Have you been dreaming of owning a mini farm? Now is your chance! This beautifully maintained ranch boasts beautiful mountain views and offers 5.07 acres of privacy. This home offers 3 bedrooms, 2 full baths, a large living area and kitchen with a formal living or dining room that may also serve as an office space. There is additional space in the basement that offers room to grow! A spacious two car drive under garage is attached and an amazing detached garage with two garage doors that is spacious enough to accommodate up to 4 vehicles or to store you needed equipment. There is approximately an acre of fenced space currently being utilized. This home is a must see! Don't wait because this home will go quickly. Call your REALTOR today to schedule a showing. All information taken from public records and seller, deemed reliable but not guaranteed and should be verified by buyer or buyer's agent. **UPDATE offers will be accepted until 6/19/2022 at 6pm with a response time of 6/20/2022 at 6pm**

Last Agent to Sell the Property

KALEY FRANKLIN

Property Executives Johnson City License #340387 Listed on: 06/16/2022

Last Buyer's Agent

Cortney Stewart

RE/MAX Preferred License #353293

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,619

Year Built

  • Built in 2001

Lot Details

  • 5.07 Acre Lot
  • Back Yard Fenced
  • Level Lot
  • Partially Wooded Lot
  • Property is in good condition

Parking

  • 4 Car Detached Garage

Home Design

  • Raised Ranch Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,932 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Living Room with Fireplace
  • Mountain Views
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Garage Access
  • Block Basement Construction

Outdoor Features

  • Deck
  • Shed

Schools

  • Fall Branch Elementary And Middle School
  • Daniel Boone High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank

Community Details

  • Poteat Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 004 011.19

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,619

Year Built

Built in 2001

Lot Details

0

Parking

4

Listing Details

  • Directions: Horton Highway to Oak Glen to Poteat Lane. Home is on the right.
  • Prop. Type: Residential
  • Year Built: 2001
  • Garage Garage Spaces: 4
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Poteat Acres
  • Architectural Style: Raised Ranch
  • 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: 5.07
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Fall Branch
  • General Property Description Middle School2: Fall Branch
  • General Property Description High School3: Daniel Boone
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • General Property Description Lot Dimensions: SEE ACRES
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1932.0
  • General Property Description Above Grade SqFt: 1932.0
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Tile2: Yes
  • General Property Description Parcel ID2: 004 011.19
  • Roof Shingle: Yes
  • AC Heat Pump3: Yes
  • Other Structures Shed(s): Yes
  • View Mountain(s): Yes
  • TopographyLot Description Rolling Slope: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Foundation Block6: Yes
  • Fencing Back Yard: Yes
  • Basement Block4: Yes
  • Basement Garage Door: Yes
  • Style Raised Ranch: Yes
  • TopographyLot Description Part Wooded: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Has Basement: Block, Garage Door, Unfinished
  • Flooring: Carpet, Tile
  • Interior Amenities: Eat-in Kitchen, Granite Counters, Pantry
  • Window Features: Insulated Windows
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Total Bedrooms: 7
  • General Property Description Baths - Full: 2
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Pantry: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Fireplace:Living Room: Yes
  • Interior Features:Granite Counters: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Shingle
  • Other Structures: Shed(s)
  • View: Mountain(s)
  • Fencing: Back Yard
  • Acres: 5.07
  • Topography: Level, Part Wooded, Rolling Slope
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Block
  • Patio And Porch Features: Deck
  • Exterior Finish Brick4: Yes
  • Exterior Finish Vinyl Siding: Yes
  • Window Features:Insulated Windows: Yes
  • PorchPatioDeck Deck: Yes

Garage/Parking

  • Parking Features: Detached
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:Detached: Yes

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Tank
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Schools

  • Elementary School: Fall Branch
  • High School: Daniel Boone
  • Middle Or Junior School: Fall Branch

Lot Info

  • Zoning: Residential
  • Lot Dimensions: SEE ACRES
  • Lot Size Sq Ft: 220849.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 004 011.19
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Aug 5, 2022
Sold by
Lewis Cox Kalen and Walker Caden
Bought by
Armenta David J and Armenta Melissa R
Seller's Agent
KALEY FRANKLIN
Property Executives Johnson City
Buyer's Agent
Cortney Stewart
RE/MAX Preferred
List Price
$445,000
Sold Price
$458,000
Premium/Discount to List
$13,000
2.92%
Current Estimated Value
$545,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,040
Avg. Annual Appreciation
5.83%
Original Mortgage
$410,658
Outstanding Balance
$394,219
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$150,821

Purchase Details

Closed on
Sep 19, 2019
Sold by
Leach Michael and Leach Mary
Bought by
Cox Kalen Lewis and Cox Caden Walker

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 23, 2015
Closed on
Oct 23, 2015
Sold by
Grunder Lucretia
Bought by
Leach Mary J and Leach Michael C
Seller's Agent
Connie Salyer
Blue Ridge Properties
Buyer's Agent
Mary Bea Corbitt
Weichert REALTORS Advantage Plus
List Price
$243,900
Sold Price
$239,000
Premium/Discount to List
-$4,900
-2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.73%
Original Mortgage
$227,050
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2010
Sold by
Brown Charles
Bought by
Grunder Lucretia

Purchase Details

Closed on
Oct 17, 2006
Sold by
Lewis Steven G
Bought by
Brown Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.39%

Purchase Details

Closed on
Apr 5, 2001
Sold by
Taylor Conald G and Taylor Evelyn F
Bought by
Lewis Steven G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
7.02%

Purchase Details

Closed on
Feb 13, 1997
Bought by
Taylor Conald G Evelyn F
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
Armenta David J $458,000 Heritage Title & Closing Servi
Cox Kalen Lewis $290,000 Ecu Title & Escrow
Leach Mary J $239,000 --
Grunder Lucretia -- --
Brown Charles $246,000 --
Lewis Steven G $30,000 --
Taylor Conald G Evelyn F $19,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armenta David J $410,658
Previous Owner Cox Kalen Lewis $270,000
Previous Owner Leach Mary J $227,050
Previous Owner Grunder Lucretia $152,507
Previous Owner Grunder Lucretia $20,000
Previous Owner Taylor Conald G Evelyn F $156,000
Previous Owner Lewis Steven G $35,000
Previous Owner Lewis Steven G $38,400
Previous Owner Lewis Steven G $122,100
Previous Owner Lewis Steven G $55,000
Previous Owner Lewis Steen G $121,500
Previous Owner Taylor Conald G Evelyn F $24,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2022 08/05/22 Sold $458,000 +2.9% $237 / Sq Ft
06/20/2022 06/20/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $445,000 +86.2% $230 / Sq Ft
10/23/2015 10/23/15 Sold $239,000 -2.0% $124 / Sq Ft
09/16/2015 09/16/15 Pending -- -- --
05/22/2015 05/22/15 For Sale $243,900 -- $126 / Sq Ft
Source: Tennessee/Virginia Regional 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 $1,619 $98,150 $15,925 $82,225
2023 $1,619 $98,150 $0 $0
2022 $1,203 $59,725 $9,225 $50,500
2021 $1,203 $59,725 $9,225 $50,500
2020 $1,203 $59,725 $9,225 $50,500
2019 $1,203 $59,725 $9,225 $50,500
2018 $1,203 $59,725 $9,225 $50,500
2017 $1,070 $54,250 $9,250 $45,000
2016 $1,016 $54,250 $9,250 $45,000
2015 $1,016 $54,250 $9,250 $45,000
2014 $1,016 $54,250 $9,250 $45,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9939347

Tennessee/Virginia Regional MLS

APN: 004-011.19