92 Log Cabin Trail Spencer, TN 38585
2
Beds
1.5
Baths
768
Sq Ft
48
Acres
Highlights
- Home fronts a creek
- Main Floor Primary Bedroom
- No HOA
- 48 Acre Lot
- 1 Fireplace
- Views
About This Home
As of April 2025Piney Creek Cabins, located just minutes from Fall Creek Falls State Park, offers a rare opportunity to own a private, secluded retreat with both natural beauty and income-generating potential. The gently rolling terrain is complemented by beautiful piney creek flowing through the property. Large mature hemlock trees and beautiful mountain laurel grow along the creek, creating a serene environment perfect for enjoying the tranquility of nature. With three established rental cabins already in place, this property is not only a peaceful haven but also a proven business offering a 10% return on investment. It has significant growth potential, with plenty of room for expansion. There's the opportunity to increase the number of rental cabins, add additional amenities, or develop the land further to meet the needs of a growing tourist market. The close proximity to Fall Creek Falls State Park brings added appeal for those looking to explore one of Tennessee's most scenic destination.
Last Agent to Sell the Property
Whitetail Properties Real Estate Brokerage Phone: 9315283319 License #335469 Listed on: 01/29/2025
Last Buyer's Agent
Whitetail Properties Real Estate Brokerage Phone: 9315283319 License #335469 Listed on: 01/29/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,371
Year Built
- Built in 2001
Lot Details
- 48 Acre Lot
- Home fronts a creek
Home Design
- Frame Construction
- Metal Roof
- Wood Siding
Interior Spaces
- 768 Sq Ft Home
- Ceiling Fan
- 1 Fireplace
- Living Room
- Crawl Space
- Electric Range
- Property Views
Bedrooms and Bathrooms
- 2 Bedrooms | 1 Primary Bedroom on Main
Utilities
- Central Air
- Heating Available
- Natural Gas Not Available
- Electric Water Heater
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 053.00
- $6 Seller Concession
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 29, 2025
Closed on
Mar 18, 2025
Sold by
Neiman Pamela L and Hiday Kent
Bought by
Rhineland Llc
Seller's Agent
Matthew Elrod
Whitetail Properties Real Estate
Buyer's Agent
Matthew Elrod
Whitetail Properties Real Estate
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%
Views
16
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$39,103
Avg. Annual Appreciation
3.25%
Original Mortgage
$552,500
Outstanding Balance
$551,572
Interest Rate
6.89%
Mortgage Type
Credit Line Revolving
Estimated Equity
$105,747
Purchase Details
Closed on
Jul 22, 2019
Sold by
Neiman Pamela L and Hiday Kent
Bought by
Mara Mark W and Mara Myra D
Purchase Details
Closed on
Aug 25, 2012
Sold by
Gardner Sylvia J Trust
Bought by
Gardner F Tad and C/O The Sylvia J Gardner Trust
Purchase Details
Closed on
Jul 23, 2003
Bought by
Sylvia J Gardner Sylvia J Gardner T
Purchase Details
Closed on
Apr 13, 2001
Bought by
Gardner F Tad Sylvia Gardner
Purchase Details
Closed on
Apr 29, 1999
Bought by
Flatbush Llc
Similar Homes in Spencer, TN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $650,000 | None Listed On Document | |
| Warranty Deed | $15,000 | None Available | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $65,000 | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $552,500 | Credit Line Revolving | |
| Previous Owner | $20,394 | Farmers Home Administration | |
| Previous Owner | $188,269 | Farmers Home Administration |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/07/2025 04/07/25 | Sold | $650,000 | -7.0% | $846 / Sq Ft |
| 01/29/2025 01/29/25 | For Sale | $699,000 | +118.4% | $910 / Sq Ft |
| 02/07/2019 02/07/19 | Off Market | $320,000 | -- | -- |
| 01/23/2019 01/23/19 | For Sale | $342,200 | +6.9% | $446 / Sq Ft |
| 11/30/2017 11/30/17 | Sold | $320,000 | -- | $417 / Sq Ft |
Source: Upper Cumberland Association of REALTORS®
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 |
|---|---|---|---|---|
| 2024 | $1,371 | $57,120 | $8,160 | $48,960 |
| 2023 | $1,371 | $57,120 | $8,160 | $48,960 |
| 2022 | $1,371 | $57,120 | $8,160 | $48,960 |
| 2021 | $1,371 | $57,120 | $8,160 | $48,960 |
| 2020 | $1,399 | $57,120 | $8,160 | $48,960 |
| 2019 | $1,149 | $50,680 | $7,200 | $43,480 |
| 2018 | $960 | $49,760 | $7,200 | $42,560 |
| 2017 | $960 | $49,760 | $7,200 | $42,560 |
| 2016 | $960 | $49,760 | $7,200 | $42,560 |
| 2015 | $960 | $49,760 | $7,200 | $42,560 |
| 2014 | $993 | $49,760 | $7,200 | $42,560 |
| 2013 | $993 | $54,240 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Matthew Elrod
Whitetail Properties Real Estate
(931) 808-6422
74 Total Sales
Map
Source: Upper Cumberland Association of REALTORS®
MLS Number: 234358
APN: 067-053.00
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