NOT LISTED FOR SALE

111 Shadow Way Del Rio, TN 37727

Estimated Value: $413,310 - $548,000

-- Bed
2 Baths
4,398 Sq Ft
$110/Sq Ft Est. Value

Last Sold September 22, 2023

Last sale price $579,000 $132 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $2,639/month

169 Days on Market

Highlights

  • Whirlpool Bathtub
  • 4 Car Detached Garage
  • Walk-In Closet
  • Den
  • Double Pane Windows
  • Window Unit Cooling System

About This Home

As of September 2023

EXTRAORDINARY MULTI-FAMILY/INVESTMENT PROPERTY LOCATED IN DEL RIO TN SITTING ON 5+ UNRESTRICTED ACRES! BEAUTIFULLY MANICURED & LANDSCAPED PROPERTY IN A PICTURESQUE SETTING! EXCEPTIONAL 3 BR/2BA 2382 SQ FT CUSTOM HOME, 28 X 40 DETACHED GARAGE WITH FINISHED SIDES, (2) SPRING FED FISH PONDS, 6 BR/3BA 2016 SQ FT TRI-PLEX, OUT BUILDINGS & ADDITIONAL 3 ACRES OF PASTURE FOR LIVESTOCK, GARDENING OR ADDITIONAL BUILD SITES! SERVICED BY UTILITY WATER, 2 SEPTICS, HI-SPEED FIBER OPTIC & WI-FI CELL SERVICE. 2 BR SEPTIC PERMIT ON HOME YET SELLER ADDED ADDITIONAL FIELD LINE NOT RECORDED. TRI-PLEX ON SEPARATE SEPTIC SYSTEM, PERMIT NOT FOUND. LOCATED IDEALLY IN THE CHEROKEE NATIONAL FOREST FOR AIR B&B RENTALS W/EASY ACCESS TO HOT SPRINGS NC, FRENCH BROAD RIVER RAFTERS, BIG GAME HUNTING AREAS, TROUT, RIVER, POND & LAKE FISHING! I MILE FROM MOUNTAIN MEDICAL CLINIC & ACROSS FROM THE FRENCH BROAD RIVER! EACH UNIT IN TRI-PLEX OFFERS 2BR/1BA & APPLIANCES W/LONG-TERM OR SHORT-TERM RENTAL OPPORTUNITY! CLOSE PROXIMITY TO MAX PATCH, WOLF CREEK, WEAVERS BEND, APPALACHIAN TRAIL, ROUND MTN, MEADOW CREEK TOWER & JUST 11 MILES FROM HOT SPRINGS NC & NEWPORT FOR HOSPITAL, DINING, ALL YOUR SHOPPING NEEDS! EXPERIENCE TENNESSEE'S NATURAL RESOURCES & GENEROUS HOSPITALITY IN THE SMOKY MTNS! LESS THAN AN HOUR'S DRIVE TO DOUGLAS LAKE, GATLINBURG, DOLLYWOOD, PIGEON FORGE & GREAT SMOKY MTN NATIONAL PARK! AMAZING OPPORTUNITY & 1ST TIME ON MARKET! DRONE PICTURES USED IN LISTING.

Last Agent to Sell the Property

Rae Massey

Massey Realty License #311727 Listed on: 03/06/2023

Last Buyer's Agent

Rae Massey

Massey Realty License #311727 Listed on: 03/06/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $899

Year Built

  • Built in 1985

Lot Details

  • Lot Dimensions are 456x713x377x540

Parking

  • 4 Car Detached Garage
  • Driveway

Home Design

  • Triplex
  • Shingle Roof

Interior Spaces

  • 4,398 Sq Ft Home
  • Double Pane Windows
  • Den

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Utilities

  • Window Unit Cooling System
  • Zoned Heating and Cooling System
  • Heat Pump System
  • Internet Available

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 069 005.04

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$899

Year Built

Built in 1985

Lot Details

0

Parking

4

Listing Details

  • Directions: FROM I-40 EXIT# 435 GO HWY 321 N 1.4 MILES, RIGHT ON HWY 25/70 E FOR 11.5 MILES TO HOME ON LEFT. FROM HOT SPRINGS, NC GO HWY 25/70 W APPROX 11 MILES TO HOME ON RHS, SIGN
  • Prop. Type: Multi-Family
  • Year Built: 1985
  • Lot Size: 456x713x377x540
  • Cooling:Central Cooling: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Heat:Heat Pump3: Yes
  • Misc Features:Whirlpool Tub: Yes
  • Cooling:Window Unit(s): Yes
  • General Property Description:Driveway: Yes
  • Property Sub-Type:Triplex: Yes
  • Roof:Shingle: Yes
  • Misc Features:Internet Available2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Washer, Smoke Detector, Security Alarm, Refrigerator, Microwave
  • Flooring: Other
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Security Alarm: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:DenStudy: Yes

Exterior Features

  • Exterior Features: Windows - Dble Pane
  • Construction Type: Other
  • Construction:Other7: Yes
  • Exterior Features:Windows - Dble Pane: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 4.0
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features: Detached
  • GarageParking:Detached2: Yes

Utilities

  • Cooling: Central Cooling, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Heat Pump, Central, Electric
  • Heating Yn: Yes

Lot Info

  • Parcel #: 069 005.04

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2023
Closed on
Sep 22, 2023
Sold by
Ramsey John Dale
Bought by
Urquhart Donald Hugh Alexand and Urquhart Kerry Dy-Ann
Seller's Agent
Rae Massey
Massey Realty
Buyer's Agent
Rae Massey
Massey Realty
List Price
$579,000
Sold Price
$579,000
Views
171
Current Estimated Value
$483,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$95,922
Avg. Annual Appreciation
-11.41%
Original Mortgage
$319,200
Outstanding Balance
$313,625
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$153,087

Purchase Details

Closed on
Mar 5, 2010
Sold by
Ramsey John Dale
Bought by
Ramsey John Dale
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Urquhart Donald Hugh Alexand $399,000 None Listed On Document
Ramsey John Dale -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Urquhart Donald Hugh Alexand $319,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2023 09/22/23 Sold $579,000 0.0% $240 / Sq Ft
09/22/2023 09/22/23 Sold $579,000 0.0% $132 / Sq Ft
08/23/2023 08/23/23 Pending -- -- --
08/23/2023 08/23/23 Pending -- -- --
03/06/2023 03/06/23 For Sale $579,000 0.0% $132 / Sq Ft
08/23/2022 08/23/22 For Sale $579,000 -- $240 / Sq Ft
Source: East Tennessee REALTORS® 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 $899 $35,100 $5,950 $29,150
2023 $899 $35,100 $5,950 $29,150
2022 $900 $35,100 $5,950 $29,150
2021 $900 $35,100 $5,950 $29,150
2020 $900 $35,100 $5,950 $29,150
2019 $941 $33,250 $6,625 $26,625
2018 $941 $33,250 $6,625 $26,625
2017 $964 $33,250 $6,625 $26,625
2016 $860 $33,250 $6,625 $26,625
2015 $806 $33,250 $6,625 $26,625
2014 $806 $33,250 $6,625 $26,625
2013 $806 $33,600 $6,625 $26,975
Source: Public Records

Agents Affiliated with this Home

  • Rae Massey

    Seller's Agent in 2023

    Rae Massey

    Massey Realty

    (865) 805-0322

    284 Total Sales

    Rae Massey
    Section Image
  • JOSH RAMSEY

    Buyer's Agent in 2023

    JOSH RAMSEY

    KELLER REALTY & AUCTION

    (423) 237-8063

    6 Total Sales

    JOSH RAMSEY
    Section Image

  • D

    Buyer's Agent in 2023

    Dave Sparks

    The Real Estate Source

  • R

    Buyer's Agent in 2023

    RICKY COFFMAN

    Wayne Roach & Associates

See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1219843

East Tennessee REALTORS® MLS

APN: 069-005.04

Tennessee Cocke County Del Rio 37727

111 Shadow Way, Del Rio, TN

This home is located at 111 Shadow Way, Del Rio, TN 37727 since 06 March 2023 and is currently estimated at $483,078, approximately $109 per square foot. This property was built in 1985. 111 Shadow Way is a home located in Cocke County with nearby schools including Del Rio Elementary School, Cocke County High School, and Open Door Outreach Christian Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

East Tennessee REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.

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