NOT LISTED FOR SALE

886 Wears Valley Rd Townsend, TN 37882

Townsend Area

Estimated Value: $283,000 - $401,000

1 Bed
1 Bath
1,202 Sq Ft
$269/Sq Ft Est. Value

Sale Details

Date Sold: January 11, 2021

Last sale price $160,000 $133 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $1,823 / mo

Highlights

  • 5 Acre Lot
  • Private Lot
  • No HOA
  • Deck
  • Wooded Lot
  • Forced Air Heating and Cooling System

About This Home

As of January 2021

TOWNSEND AREA FIXER UPPER on 5 acres with a small barn, storage shed and CREEK! This 40's built country style 1 BR, 1 BA home with TWO BONUS ROOMS and full utility room needs some TLC but is very liveable and just waiting for you to make it new home! The creek that runs along the backside of the home and there plenty of yard area for your veggie garden, outdoor living spaces or fur babies. This property offers almost 300' of road frontage along Wears Valley Rd and the property is unrestricted, so bring the chickens and set up your own little piece of country paradise. The five acres goes up the steep ridge behind the structures so if you love to mtn hike you can cut in your own trail and surround yourself with nature in the hardwoods. The property is on septic and well, and there is Comcast cable/internet. This property is selling in AS IS condition with the seller not making or negotiating any repairs, but the roof, H/A and hot water heater were just replaced a few years ago, and the home has been well loved for many years. There are items stored in a back room of the home that will be removed by the seller prior to closing. Schedule your showing TODAY before this opportunity is gone!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $774

Year Built

  • Built in 1940

Lot Details

  • 5 Acre Lot
  • Private Lot
  • Wooded Lot

Home Design

  • Metal Roof

Interior Spaces

  • 1,202 Sq Ft Home
  • Property has 3 Levels
  • Crawl Space
  • Washer and Electric Dryer Hookup

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$774

Year Built

Built in 1940

Lot Details

5 Acres

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Country
  • Year Built: 1940
  • Unit Levels: Three Or More
  • New Construction: No
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Has Basement: Crawl Space, None
  • Building Area Units: Square Feet
  • Living Area: 1202
  • Living Area Units: Square Feet

Exterior Features

  • Other Structures: Storage
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Metal
  • Topography: Private,Wooded
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Utilities: Electricity Available, Natural Gas Available, Cable Connected

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Private, Wooded
  • Lot Size Acres: 5
  • Lot Size Units: Acres
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 774
  • Tax Lot: -

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2020
Closed on
Jan 11, 2021
Sold by
Bought by
List Price
$199,000
Sold Price
$160,000
Premium/Discount to List
-$39,000
-19.6%
Current Estimated Value
$323,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,310
Avg. Annual Appreciation
13.54%
Original Mortgage
$134,850
Outstanding Balance
$121,807
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$201,503

Purchase Details

Closed on
Jun 28, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.23%

Purchase Details

Closed on
Mar 3, 1983
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$160,000 --
$120,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $134,850
Previous Owner $110,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/11/2021 01/11/21 Sold $160,000 -19.6% $133 / Sq Ft
11/06/2020 11/06/20 Pending -- -- --
11/06/2020 11/06/20 For Sale $199,000 -- $166 / Sq Ft
Source: Realtracs

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $741 $46,600 $14,350 $32,250
2024 $741 $46,600 $14,350 $32,250
2023 $741 $46,600 $14,350 $32,250
2022 $774 $31,350 $17,750 $13,600
2021 $709 $31,350 $17,750 $13,600
2020 $709 $31,350 $17,750 $13,600
2019 $709 $31,350 $17,750 $13,600
2018 $717 $32,300 $19,000 $13,300
2017 $717 $32,300 $19,000 $13,300
2016 $717 $32,300 $19,000 $13,300
2015 $694 $32,300 $19,000 $13,300
2014 $706 $32,300 $19,000 $13,300
2013 $706 $32,825 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: RTC3274541

Realtracs

APN: 085-062.01

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