NOT LISTED FOR SALE

8501 Dry Valley Rd Loudon, TN 37774

Estimated Value: $525,000 - $562,000

5 Beds
3 Baths
2,140 Sq Ft
$254/Sq Ft Est. Value

Sale Details

Date Sold: December 14, 2020

Last sale price $325,000 $152 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,037 / mo

Highlights

  • 28.47 Acre Lot
  • No HOA
  • Central Air
  • Wood Flooring
  • Covered Patio or Porch
  • Ceiling Fan

About This Home

As of December 2020

Looking for beautiful property. Wait til you see this property! 28+ level acres with green pastures and a creek. Lays well.. Within 5 minutes to the interstate.1920 Home can be restored to be magnificent. What a breath taking place you would have. Lots of room.Would make a beautiful horse farm!.Property is within 10 mins to Loudon Commercial Industrial area on HWY 72.

Last Agent to Sell the Property

Loretta Edgemon

East Tennessee Properties LLC Brokerage Phone: 4235068171 License #322626 Listed on: 10/22/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $643

Year Built

  • Built in 1920

Lot Details

  • 28.47 Acre Lot
  • Lot Dimensions are 2945x1340x127x551x1170x2
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Metal Roof

Interior Spaces

  • 2,140 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Wood Flooring
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Loudon Elementary School
  • Ft Loudoun Middle School
  • Loudon High School

Utilities

  • Central Air
  • No Heating
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 047 06200 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$643

Year Built

Built in 1920

Lot Details

28.47 Acres

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1920
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Existing
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Appliances: Refrigerator
  • Flooring: Wood
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Has Basement: Unfinished
  • Building Area Units: Square Feet
  • Living Area: 2140
  • Living Area Units: Square Feet

Exterior Features

  • Patio And Porch Features: Porch, Covered
  • Pool Private: No
  • Roof: Metal
  • Topography: Level
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway, Gravel

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating Yn: No
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 28.47
  • Lot Size: 2945x1340x127x551x1170x2
  • Lot Size Units: Acres
  • Parcel #: 047 06200 000
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 643

MLS Schools

  • Elementary School: Loudon Elementary
  • High School: Loudon High School
  • Middle Or Junior School: Ft Loudoun Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2020
Closed on
Dec 14, 2020
Sold by
Dukes Frederick R and Dukes Regina Gayle
Bought by
Bivens Wesley S and Bivens Joann
Seller's Agent
Loretta Edgemon
East Tennessee Properties LLC
List Price
$399,000
Sold Price
$325,000
Premium/Discount to List
-$74,000
-18.55%
Current Estimated Value
$555,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,968
Avg. Annual Appreciation
9.94%
Original Mortgage
$319,113
Outstanding Balance
$280,707
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$262,074

Purchase Details

Closed on
Feb 17, 2010
Sold by
Lyle Millard Douglas
Bought by
Dukes Frederick R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
4.97%

Purchase Details

Closed on
Jan 1, 1982
Source: Public Records
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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
Bivens Wesley S $325,000 Skyway Title Services
Bivens Wesley S $325,000 New Title Company Name
Dukes Frederick R $285,000 --
-- $68,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bivens Wesley S $319,113
Closed Bivens Wesley S $319,113
Previous Owner -- $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/14/2020 12/14/20 Sold $325,000 0.0% $152 / Sq Ft
12/14/2020 12/14/20 Sold $325,000 -18.5% $152 / Sq Ft View Prior Sale
10/22/2020 10/22/20 Pending -- -- --
10/22/2020 10/22/20 For Sale $399,000 +14.0% $186 / Sq Ft
10/17/2020 10/17/20 Price Changed $349,900 -6.7% $164 / Sq Ft
08/13/2020 08/13/20 Price Changed $374,900 -1.1% $175 / Sq Ft
08/13/2020 08/13/20 For Sale $379,000 +16.6% $177 / Sq Ft
08/13/2020 08/13/20 Off Market $325,000 -- --
05/23/2020 05/23/20 Price Changed $379,000 -5.0% $177 / Sq Ft
02/12/2020 02/12/20 For Sale $399,000 -- $186 / Sq Ft
Source: Realtracs

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
2025 $832 $48,975 $12,000 $36,975
2024 $1,241 $47,050 $12,000 $35,050
2023 $1,241 $47,050 $0 $0
2022 $747 $49,175 $14,125 $35,050
2021 $747 $49,175 $14,125 $35,050
2020 $643 $49,175 $14,125 $35,050
2019 $643 $35,650 $12,900 $22,750
2018 $643 $35,650 $12,900 $22,750
2017 $643 $35,650 $12,900 $22,750
2016 $658 $35,375 $11,625 $23,750
2015 $658 $35,375 $11,625 $23,750
2014 $658 $35,375 $11,625 $23,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 3157524

Realtracs

APN: 047-062.00

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