NOT LISTED FOR SALE

968 V I Ranch Rd Bristol, TN 37620

Estimated Value: $527,000 - $577,000

4 Beds
2 Baths
3,205 Sq Ft
$172/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $550,000 $172 Per Sq Ft

Current estimated payment $3,166/month

35 Days on Market

Highlights

  • Additional Residence on Property
  • Great Room with Fireplace
  • Traditional Architecture
  • Deck
  • Partially Wooded Lot
  • Wood Flooring

About This Home

As of July 2024

HUGE PRICE REDUCTION! Situated on 2.55 ACRES and located minutes from S. Holston Lake and Bristol Motor Speedway, this property includes 2 DWELLINGS - the main house with 4 Bedrooms/2 Baths and a separate smaller home ''cottage'' with 2 Bedrooms/1 Bath. The main house was built in 1984 and features an ALL BRICK exterior. With over 3200+ finished sq. feet of living area, the interior offers a spacious, eat-in kitchen remodeled in 2015 - with new SS appliances, updated tile backsplash, and painted black cabinetry. The magnificent GR with exposed wood beams features a floor to ceiling brick, gas log FP and beautiful HW flooring. The primary bedroom ensuite was recently re-painted, and offers great natural lighting, a spacious walk-in closet and an adjoining remodeled bath (2022). The bath updates include a new walk-in shower with sliding glass door, new dual vanity sinks with updated lighting and new hardware. There are 2 additional bedrooms on the main level, a 2nd full bath and a laundry room. Step upstairs to the 4th ''loft'' bedroom which includes a newer mini-split HVAC system (2023). Downstairs there's additional finished living area in the over-sized recreation room with a pool table. There's also a huge unfinished walk-out basement with extensive storage, a workshop area, and a 2 car drive under garage. Step outside and enjoy the expansive back deck and patio, the perfect spot for outdoor gatherings. The SECOND home or ''cottage'' is currently rented. With over 850 finished sq. feet of living area, the cottage features an open concept floor plan, large den, and a galley style kitchen with all appliances (range/oven, refrigerator and dishwasher). The cottage has baseboard heating, 2 window A/C units and separate electrical meter. Unlimited storage with this property - 2 sheds. Other RECENT UPDATES to main house: New HVAC, Leaf Guard Guttering, and GR Sliding Door (2023). Public OPEN HOUSE on Sun, 5/26/24 (2 to 4 pm) or schedule a private showing today!

Last Agent to Sell the Property

Cynthia Hornsby

Prestige Homes of the Tri Cities, Inc. License #0225184556 VA and 316140 TN Listed on: 05/23/2024

Last Buyer's Agent

Cynthia Hornsby

Prestige Homes of the Tri Cities, Inc. License #0225184556 VA and 316140 TN Listed on: 05/23/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,449

Year Built

  • Built in 1984

Lot Details

  • 2.55 Acre Lot
  • Landscaped
  • Level Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Property is in good condition
  • Property is zoned A1

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Gas Log Fireplace
  • Brick Fireplace
  • Entrance Foyer
  • Great Room with Fireplace
  • 2 Fireplaces
  • Recreation Room with Fireplace
  • Workshop

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Garage Access

Home Security

  • Home Security System
  • Storm Doors

Outdoor Features

  • Deck
  • Covered patio or porch
  • Shed

Additional Homes

  • Additional Residence on Property

Schools

  • Emmett Elementary School
  • Sullivan East Middle School
  • Sullivan East High School

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Safe or Vault

Listing and Financial Details

  • Assessor Parcel Number 023 035.30

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,449

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Directions: From Bristol, take State St (E), right on Pennsylvania Ave. for 0.2 mi., left onto Maple Ave. for 0.1 mi., right onto Virginia Ave for 1.8 mi., left on TN 435N, for 3.3 mi., left on V I Ranch Road, for 1.8 mi. Property will be on the right. See sign and directional arrow.
  • Prop. Type: Residential
  • Year Built: 1984
  • Garage Carport Spaces: 2
  • Garage Garage Spaces: 2
  • Property Sub Type: Single Family Residence
  • Basement Level: Basement
  • Bathroom 1 Level: First
  • Bathroom 2 Level: First
  • Bedroom 2 Level: First
  • Kitchen Level: First
  • Reso Association Amenities: Landscaping
  • Subdivision Name: Not In Subdivision
  • Architectural Style: Traditional
  • Unit Levels: One and One Half
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 2.55
  • General Property Description Zoning2: A1
  • General Property Description Elementary School3: Emmett
  • General Property Description Middle School2: Sullivan East
  • General Property Description High School3: Sullivan East
  • General Property Description HOA YN: No
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • General Property Description Lot Dimensions: See Deed for Metes and Bounds Description
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 3205.0
  • General Property Description Above Grade SqFt: 2368.0
  • AC Central Air: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • Flooring Tile2: Yes
  • General Property Description Parcel ID2: 023 035.30
  • General Property Description # Fireplaces: 2
  • Roof Shingle: Yes
  • AC Heat Pump3: Yes
  • General Property Description Stories2: 2
  • Other Structures Shed(s): Yes
  • TopographyLot Description Rolling Slope: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Other Rooms Laundry: Yes
  • Foundation Block6: Yes
  • Fireplace Great Room: Yes
  • TopographyLot Description Cleared: Yes
  • Primary Bedroom Level: First
  • Fireplace Recreation Room2: Yes
  • Basement Garage Door: Yes
  • Other Structures Storage2: Yes
  • TopographyLot Description Part Wooded: Yes
  • Other Rooms Recreation Room: Yes
  • Rooms Great Room3: Yes
  • Rooms Basement5: Yes
  • Other Structures Guest House: Yes
  • Other Structures Second Residence: Yes
  • Levels One and One Half: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Refrigerator, Trash Compactor, Other, See Remarks
  • Has Basement: Concrete, Exterior Entry, Full, Garage Door, Interior Entry, Partially Finished, Walk-Out Access
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Primary Downstairs, Built In Safe, Central Vacuum, Eat-in Kitchen, Entrance Foyer, Security System, Storm Door(s), Walk-In Closet(s)
  • Window Features: Other
  • Bedroom 3 Level: First
  • Bedroom 4 Level: Second
  • Great Room Level: First
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 837.0
  • Fireplace Features: Brick, Gas Log, Great Room, Recreation Room
  • Fireplaces: 2
  • Total Bedrooms: 7
  • General Property Description Baths - Full: 2
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace:Gas Log: Yes
  • Other Rooms:Workshop: Yes
  • Fireplace:Brick3: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Interior Entry: Yes
  • Basement:Partially Finished: Yes
  • Basement:Walk-Out Access: Yes
  • Interior Features:Entrance Foyer: Yes
  • Appliances:Electric Range: Yes
  • InteriorFeatures:Storm Door(s): Yes
  • Basement:Concrete3: Yes
  • Full Basement: Yes
  • Interior Features Security System2: Yes
  • Appliances:Other2: Yes
  • Interior Features:Primary Downstairs: Yes
  • InteriorFeatures:Built-In Safe: Yes
  • Interior Features:Central Vacuum: Yes
  • Appliances:Trash Compactor: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Shingle, See Remarks
  • Other Structures: Shed(s), Storage
  • Exterior Features: Other, See Remarks
  • Acres: 2.55
  • Topography: Cleared, Level, Part Wooded, Rolling Slope
  • Home Warranty: No
  • Construction Type: Brick, See Remarks
  • Foundation Details: Block
  • Patio And Porch Features: Back, Covered, Deck, Front Porch, Rear Patio
  • Exterior Finish Brick4: Yes
  • PorchPatioDeck Back: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Deck: Yes
  • PorchPatioDeck Front Porch: Yes
  • Exterior Features:See Remarks23: Yes
  • PorchPatioDeck Rear Patio: Yes

Garage/Parking

  • Parking Features: Asphalt, Attached, Garage Door Opener, Parking Spaces
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features:Asphalt2: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Parking Spaces: Yes

Utilities

  • Heating: Fireplace(s), Heat Pump, Other, See Remarks
  • Sewer: Septic Tank, Other, See Remarks
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air, Heat Pump, Other, See Remarks
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Heating:Fireplace(s): Yes
  • Sewer Septic Tank: Yes
  • Heating:See Remarks10: Yes
  • Heating:Other12: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • AmenitiesLandscaping: Yes

Schools

  • Elementary School: Emmett
  • High School: Sullivan East
  • Middle Or Junior School: Sullivan East

Lot Info

  • Zoning: A1
  • Lot Dimensions: See Deed for Metes and Bounds Description
  • Lot Size Sq Ft: 111078.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 023 035.30
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 476

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Jul 31, 2024
Sold by
Marshall James R and Marshall Monica M
Bought by
Gallahan Joseph Edward and Gallahan Dawn L
Seller's Agent
Cynthia Hornsby
Prestige Homes of the Tri Cities, Inc.
Buyer's Agent
Cynthia Hornsby
Prestige Homes of the Tri Cities, Inc.
List Price
$589,000
Sold Price
$550,000
Premium/Discount to List
-$39,000
-6.62%
Views
132
Current Estimated Value
$551,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,424
Avg. Annual Appreciation
0.30%
Original Mortgage
$330,000
Outstanding Balance
$327,735
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$223,897

Purchase Details

Closed on
Jan 17, 2001
Sold by
Viola Anders
Bought by
James Marshall

Purchase Details

Closed on
Jun 25, 1993
Source: Public Records

Range of Values:

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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
Gallahan Joseph Edward $550,000 Evergreen Title
James Marshall $138,400 --
-- $122,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallahan Joseph Edward $330,000
Previous Owner Marshall James R $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $550,000 -2.6% $172 / Sq Ft
06/28/2024 06/28/24 Pending -- -- --
06/02/2024 06/02/24 Price Changed $564,900 -4.1% $176 / Sq Ft
05/23/2024 05/23/24 For Sale $589,000 -- $184 / Sq Ft
Source: Tennessee/Virginia Regional MLS

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 $1,449 $58,050 $7,075 $50,975
2023 $1,397 $58,050 $7,075 $50,975
2022 $1,397 $58,050 $7,075 $50,975
2021 $1,397 $58,050 $7,075 $50,975
2020 $1,380 $58,050 $7,075 $50,975
2019 $1,380 $53,700 $7,075 $46,625
2018 $1,369 $53,700 $7,075 $46,625
2017 $1,369 $53,700 $7,075 $46,625
2016 $1,358 $52,725 $7,125 $45,600
2014 $1,215 $52,716 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9966205

Tennessee/Virginia Regional MLS

APN: 023-035.30