NOT LISTED FOR SALE

880 County Line Rd Mooresburg, TN 37811

Estimated Value: $565,000 - $691,898

-- Bed
6 Baths
3,466 Sq Ft
$187/Sq Ft Est. Value

Last Sold August 04, 2022

Last sale price $675,000 $195 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,592/month

45 Days on Market

Highlights

  • Covered Patio or Porch
  • Zoned Heating
  • Ceiling Fan
  • Window Unit Cooling System

About This Home

As of August 2022

6 Ridges R V Park! Beautiful 18 acre campground fringed with woods. 28 sites renting for $135-$150. 6-1bedroom cabins bring in $3000 per month. Permanent campers. Laundry Mat with 4 machines and 1 Coke machine. Large well-maintained & stocked pond. Well water with utility water backup. Lots of acreage for further development. 5 G Internet Service to all sites. Pet friendly but animals must be under control at all times. $100. non refundable pet deposit for tenants in cabin. $500 Security deposit for cabins. $150. electric deposit for permanent campers. Master electric meters. Each campsite and cabin has a private meter which is read each month by the owners and then billed to the tenants. Nice office building. Large Storage building. Beautiful View of the 6 ridges and Cherokee Lake. Check us pout on Facebook or U Tube! Just Google 6 Ridges RV Park in Bean Station, Tennessee, Call for details.

Last Agent to Sell the Property

Hix Masengill

Century 21-Morristown License #6333 Listed on: 04/20/2022

Century 21-Morristown

Last Buyer's Agent

Steve Johnson

Century 21-Morristown License #240377

Century 21-Morristown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,585

Year Built

  • Built in 2005

Lot Details

  • 18 Acre Lot
  • Lot Dimensions are 183 x 649

Home Design

  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Metal Fireplace
  • Unfinished Basement
  • Crawl Space
  • Fire and Smoke Detector
  • Electric Range
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Schools

  • Mooresburg Elementary School
  • Cherokee High School

Utilities

  • Window Unit Cooling System
  • Zoned Heating
  • Space Heater
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 35 & 38.01

Community Details

Overview

  • Property has a Home Owners Association
  • 34 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Water Meter
  • Insurance Expense $2,240
  • Net Operating Income $77,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,585

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Carport Y N: No
  • Year Built: 2005
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 18.0
  • Lot Size: 183 X 649
  • Subdivision Name: None
  • Directions: From Broadway in Bean Station, turn onto Willis. At the end of the road, turn right on County Line. Go a little over a mile and the property will be on the left.
  • Location Tax and Legal:Tax Annual Amount: 2585.05
  • Location Tax and Legal:Parcel Number2: 35 & 38.01
  • General Property Information:Lot Size Acres: 18.0
  • General Property Information:Lot Size Dimensions: 183 X 649
  • Water Source:Public: Yes
  • Location Tax and Legal:Elementary School: Mooresburg Elementary
  • Location Tax and Legal:High School: Cherokee
  • General Property Information:Fireplace YN: No
  • General Property Information:Spa YN: No
  • General Property Information:Home Warranty YN: No
  • Appliances Refrigerators: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • General Property Information:Basement YN: Yes
  • Security Features:Smoke Detector(s): Yes
  • Gross Scheduled Income: 6975.0
  • Cooling:Electric: Yes
  • Water Source:Private5: Yes
  • Water Source:Well: Yes
  • Cooling:Window Unit(s): Yes
  • General Property Information:Number Of Units Total2: 34.0
  • Meter Information:Number Of Separate Water Meters: 1
  • Meter Information:Number Of Separate Electric Meters: 1
  • Roof:Metal: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Basement: Crawl Space, Unfinished
  • Interior Amenities: Ceiling Fan(s)
  • Private Spa: No
  • Basement YN: Yes
  • Fireplace Features: Metal
  • Fireplace: No
  • Appliances:Electric Oven: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances:Electric Water Heater: Yes
  • Basement:Unfinished: Yes
  • Community Features:See Remarks: Yes

Exterior Features

  • Exterior Features: None
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Covered, Porch
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Porch: Yes
  • Exterior Features:None6: Yes

Garage/Parking

  • Parking Features: Gravel
  • General Property Information:Carport YN: No
  • Parking Features:Gravel: Yes
  • Unit 1:Garage YN3: No
  • Unit 2:Garage YN4: No
  • Unit 3:Garage YN5: No
  • Unit 4:Garage YN6: No

Utilities

  • Cooling: Electric, Window Unit(s)
  • Heating: Space Heater, Zoned
  • Sewer: Septic Tank
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private, Public, Well
  • Sewer Septic Tank: Yes
  • Heating:Space Heater: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Community Features: See Remarks
  • Amenities: Cable TV, Pond Year Round
  • Association: Yes

Association/Amenities

  • Association Amenities:Cable TV: Yes
  • Association Amenities:Pond Year Round: Yes

Schools

  • Elementary School: Mooresburg Elementary
  • High School: Cherokee

Lot Info

  • Lot Size Sq Ft: 784080.0
  • Parcel #: 35 & 38.01
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 34
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Water Meters: 1
  • Income And Expenses Net Operating Income: 77200.0

Tax Info

  • Tax Annual Amount: 2585.05
  • Tax Map Number: 140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2025
Sold by
Bowers Development Llc
Bought by
Cornett Joshua A and Cornett Mackenzie Ivana
Current Estimated Value
$647,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Outstanding Balance
$662,411
Interest Rate
6.91%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$205,508

Purchase Details

Listed on
Apr 20, 2022
Closed on
Aug 4, 2022
Sold by
Home Jeff
Bought by
Bowers Developments Llc
Seller's Agent
Hix Masengill
Century 21-Morristown
Buyer's Agent
Steve Johnson
Century 21-Morristown
List Price
$800,000
Sold Price
$675,000
Premium/Discount to List
-$125,000
-15.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.72%
Original Mortgage
$540,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2003
Sold by
Ridley Donald and Ridley Pat
Bought by
Horne Shawn

Purchase Details

Closed on
Jul 30, 2002
Sold by
Brown Sarah Co Executor
Bought by
Roy Clonce

Purchase Details

Closed on
Oct 8, 1970
Bought by
Ridley John C Beulah
Source: Public Records

Range of Values:

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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
Cornett Joshua A $715,000 Melrose Title Company Llc
Bowers Developments Llc $675,000 New Title Company Name
Horne Shawn $37,900 --
Roy Clonce $25,500 --
Ridley John C Beulah -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornett Joshua A $665,000
Previous Owner Bowers Developments Llc $540,000
Previous Owner Horne Shawn $72,000
Previous Owner Marie Meirthew Kim $38,737
Previous Owner Marie Meirthew Kim $22,569
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2022 08/04/22 Sold $675,000 -15.6% $195 / Sq Ft
06/04/2022 06/04/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $800,000 -- $231 / Sq Ft
Source: Lakeway Area Association of REALTORS®

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 $2,043 $79,960 $17,920 $62,040
2023 $1,859 $79,960 $0 $0
2022 $1,853 $79,960 $17,920 $62,040
2021 $1,733 $79,960 $17,920 $62,040
2020 $2,256 $79,960 $17,920 $62,040
2019 $2,256 $89,080 $17,920 $71,160
2018 $2,256 $89,080 $17,920 $71,160
2017 $2,256 $89,080 $17,920 $71,160
2016 $2,256 $89,080 $17,920 $71,160
2015 $2,196 $89,080 $17,920 $71,160
2014 $2,208 $89,560 $17,920 $71,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 606631

Lakeway Area Association of REALTORS®

APN: 140-035.00