NOT LISTED FOR SALE

995 Lovelace Rd Fall Branch, TN 37656

Estimated Value: $198,000 - $269,000

2 Beds
1.5 Baths
1,085 Sq Ft
$215/Sq Ft Est. Value

Last Sold March 18, 2024

Last sale price $210,000 $194 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,287/month

53 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Living Room
  • Wood Flooring
  • Covered Patio or Porch
  • Central Heating and Cooling System

About This Home

As of March 2024

This 2-bedroom, 2-bathroom log cabin in Fall Branch Tennessee is a perfect retreat, offering a harmonious blend of rustic charm and natural beauty, nestled on a corner lot in the serene countryside. Inside, the cabin embraces an open concept design, seamlessly connecting the kitchen, dining area, and living space. The interior design combines rustic elements with modern comforts, creating a cozy and inviting atmosphere. The master bedroom, master bathroom, and laundry room are all conveniently located on one level.
An unfinished basement awaits your personal touch, offering potential for expansion or storage. The metal roof adds a touch of durability and charm, while the nearby carport provides convenience. The covered porch, extends the living space outdoors while maintaining a connection to the impressive natural surroundings. Make the choice of making this cabin your permanent residence or sharing its charm as a welcoming Airbnb retreat. The possibilities are endless.
All information contained within taken from CRS and homeowner. Buyer/Buyers agent to verify all information.

Last Agent to Sell the Property

Emily Thomas

True North Real Estate License #367784 Listed on: 12/11/2023

Last Buyer's Agent

REBECCA WILSON

RE/MAX Preferred License #358260

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $552

Year Built

  • Built in 1980

Lot Details

  • 0.48 Acre Lot
  • Level Lot
  • Property is in average condition
  • Property is zoned A1

Home Design

  • Cabin
  • Log Walls
  • Metal Roof
  • Log Siding

Interior Spaces

  • 1,085 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Living Room
  • Washer and Electric Dryer Hookup
  • Unfinished Basement

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 2 Carport Spaces
  • Gravel Driveway

Outdoor Features

  • Covered Patio or Porch

Schools

  • Baileyton Elementary And Middle School
  • North Greene High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 002 022.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$552

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Directions: From I 26 W, Take exit 8A for I81 South. 6.5 mi exit 50 onto SR93. .3 mi right onto SR93 North. 1.5 mi left onto Lovelace Dr. 1mi home on right.
  • Prop. Type: Residential
  • Year Built: 1980
  • Garage Carport Spaces: 2
  • Property Sub Type: Single Family Residence
  • Basement Level: Basement
  • Bathroom 1 Level: First
  • Bathroom 2 Level: First
  • Bedroom 2 Level: Second
  • Kitchen Level: First
  • Living Room Level: First
  • Subdivision Name: Not In Subdivision
  • Architectural Style: Cabin
  • Unit Levels: Two
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.48
  • General Property Description Zoning2: A1
  • General Property Description Elementary School3: Baileyton
  • General Property Description Middle School2: Baileyton
  • General Property Description High School3: North Greene
  • General Property Description HOA YN: No
  • Water Public: Yes
  • General Property Description Lot Dimensions: 276.84X109.47 IRR
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1085.0
  • General Property Description Above Grade SqFt: 1085.0
  • AC Central Air: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 002 022.01
  • Financing FHA: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Laminate: Yes
  • Roof Metal3: Yes
  • Property Condition Average: Yes
  • Rooms Living Room2: Yes
  • Walls Log4: Yes
  • Rooms Basement5: Yes
  • Levels:Two: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Has Basement: Unfinished
  • Flooring: Hardwood, Laminate
  • Interior Amenities: Open Floorplan
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 5
  • General Property Description Baths - Full: 1
  • General Property Description Baths - 12: 1
  • Interior Features:Open Floorplan: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Metal
  • Acres: 0.48
  • Topography: Level
  • Home Warranty: No
  • Construction Type: Log
  • Patio And Porch Features: Covered, Front Porch
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Front Porch: Yes
  • Exterior Finish Log2: Yes

Garage/Parking

  • Parking Features: Carport, Gravel
  • Attached Garage: No
  • Parking Features:Gravel: Yes
  • Parking Features:Carport: Yes

Utilities

  • Heating: Central
  • Sewer: Septic Tank
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Baileyton
  • High School: North Greene
  • Middle Or Junior School: Baileyton

Lot Info

  • Zoning: A1
  • Lot Dimensions: 276.84X109.47 IRR
  • Lot Size Sq Ft: 20908.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 002 022.01
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 701A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2023
Closed on
Mar 20, 2024
Sold by
Berry Tyler E and Elkins Bailey
Bought by
Bynum Alicia Marie
Seller's Agent
Emily Thomas
True North Real Estate
Buyer's Agent
REBECCA WILSON
RE/MAX Preferred
List Price
$220,000
Sold Price
$210,000
Premium/Discount to List
-$10,000
-4.55%
Views
97
Current Estimated Value
$233,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,126
Avg. Annual Appreciation
7.07%
Original Mortgage
$10,500
Outstanding Balance
$4,410
Interest Rate
6.64%
Mortgage Type
FHA
Estimated Equity
$228,716

Purchase Details

Listed on
Jan 23, 2023
Closed on
Mar 17, 2023
Sold by
Mohr Robert F and Mohr Beverly E
Bought by
Berry Tyler E and Elkins Bailey E
Seller's Agent
Corey Tittle
KW Johnson City
Buyer's Agent
LINCOLN WALTERS
KW Kingsport
List Price
$229,900
Sold Price
$200,000
Premium/Discount to List
-$29,900
-13.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.95%
Original Mortgage
$200,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2022
Sold by
Beard Jackie L
Bought by
Mohr Robert F and Mohr Beverly

Purchase Details

Closed on
Jan 1, 1982
Bought by
Beard Jackie L
Source: Public Records

Range of Values:

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Average Value
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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
Bynum Alicia Marie $210,000 State Of Franklin Title Compan
Berry Tyler E $200,000 --
Mohr Robert F $185,000 Reliable Title & Escrow
Beard Jackie L $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bynum Alicia Marie $10,500
Open Bynum Alicia Marie $204,670
Previous Owner Berry Tyler E $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/18/2024 03/18/24 Sold $210,000 -4.5% $194 / Sq Ft
02/03/2024 02/03/24 Pending -- -- --
12/11/2023 12/11/23 For Sale $220,000 +10.0% $203 / Sq Ft
03/17/2023 03/17/23 Sold $200,000 -13.0% $184 / Sq Ft View Prior Sale
02/02/2023 02/02/23 Pending -- -- --
01/23/2023 01/23/23 For Sale $229,900 -- $212 / 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 $552 $33,425 $3,675 $29,750
2023 $0 $32,950 $0 $0
2022 $370 $18,375 $2,000 $16,375
2021 $4 $18,375 $2,000 $16,375
2020 $370 $18,375 $2,000 $16,375
2019 $370 $18,375 $2,000 $16,375
2018 $370 $18,375 $2,000 $16,375
2017 $339 $17,200 $2,000 $15,200
2016 $322 $17,200 $2,000 $15,200
2015 $322 $17,200 $2,000 $15,200
2014 $322 $17,200 $2,000 $15,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9960155

Tennessee/Virginia Regional MLS

APN: 002-022.01