8681 Silver Mine Way Powell, TN 37849
Estimated Value: $1,522,000 - $1,672,000
Highlights
- 29.85 Acre Lot
- Private Lot
- Traditional Architecture
- Deck
- Wooded Lot
- Wood Flooring
About This Home
As of February 2024Welcome to your dream home with a mother-in-law suite nestled on a secluded but easily accessible 29 acre estate in the heart of East Tennessee. Whether you're a current resident looking for an upgrade or considering a move to this picturesque region, this home offers the perfect blend of convenience, luxury, and homestead possibilities. This two-story basement home has 5-bedrooms, 6.5 baths with a fully finished mother-in-law suite that has opportunity for enlargements. The main level features a spacious foyer with beautiful staircase, office complete with built-in shelving, fully furnished kitchen, a large keeping room with fireplace, a living room with a second fireplace, a formal dining room, and laundry room. A large Trex deck that is accessible from the keeping and living rooms. There is direct access to the 3-car garage adjacent to the laundry room. The true gem of the main level is the master suite with a private balcony and its beautiful ensuite, boasting heated tile floors, a large jacuzzi tub, walk-in shower, expansive his and her vanities and closets. The second story has three nice size bedrooms with each having walk-in closets. One bathroom is an en suite with the second bathroom being a Jack and Jill. Descend to the finished basement which has a fully furnished mother-in-law suite which includes a kitchen, a bedroom with an en suite and walk-in-closet, a huge combination living/dining area with a half bath and walk out patio. There are two unfinished storage areas just waiting to hold seasonal decorations or a multitude of other things. The attached 3-car garage has a finished open plan second floor with a full bath. One can only imagine how to utilize this fantastic bonus space: bunk room, man cave, game room, etc. Convenience meets serenity with this prime location. The estate is five minutes from interstate I75, fifteen minutes from downtown Knoxville and an hour from the Smoky Mountains.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,604
Year Built
- Built in 2003
Lot Details
- 29.85 Acre Lot
- Private Lot
- Level Lot
- Wooded Lot
Parking
- 3 Car Attached Garage
- Garage Door Opener
Home Design
- Traditional Architecture
- Frame Construction
Interior Spaces
- Property has 3 Levels
- Ceiling Fan
- 2 Fireplaces
- Gas Fireplace
- Fire and Smoke Detector
- Washer and Electric Dryer Hookup
- Finished Basement
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
Outdoor Features
- Balcony
- Deck
Utilities
- Zoned Heating and Cooling System
Community Details
- Silver Mine S/D Subdivision
Listing and Financial Details
- Assessor Parcel Number 046 17110
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Janoyan Jano | $1,400,000 | Unity Title | |
| Duncan Michael G | $725,000 | Concord Title |
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Janoyan Jano | $1,260,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/16/2024 02/16/24 | Sold | $1,400,000 | -20.0% | $179 / Sq Ft | |
| 01/24/2024 01/24/24 | Pending | -- | -- | -- | |
| 08/24/2023 08/24/23 | For Sale | $1,750,000 | +141.4% | $223 / Sq Ft | |
| 01/30/2017 01/30/17 | Sold | $725,000 | -7.0% | $112 / Sq Ft | View Prior Sale |
| 11/23/2016 11/23/16 | Pending | -- | -- | -- | |
| 08/05/2016 08/05/16 | For Sale | $779,900 | -- | $120 / Sq Ft |
Tax History Compared to Growth
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 | $3,982 | $256,250 | $0 | $0 |
| 2024 | $3,982 | $256,250 | $0 | $0 |
| 2023 | $3,604 | $231,925 | $0 | $0 |
| 2022 | $3,604 | $231,925 | $0 | $0 |
| 2021 | $4,028 | $190,000 | $0 | $0 |
| 2020 | $4,028 | $190,000 | $0 | $0 |
| 2019 | $4,028 | $190,000 | $0 | $0 |
| 2018 | $4,028 | $190,000 | $0 | $0 |
| 2017 | $4,028 | $190,000 | $0 | $0 |
| 2016 | $5,354 | $0 | $0 | $0 |
| 2015 | $5,354 | $0 | $0 | $0 |
| 2014 | $5,354 | $0 | $0 | $0 |
Map
Source: Realtracs
MLS Number: 2835091
APN: 046-17110
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