$620,000
SOLD JUL 15, 2022

250 Grace Ln Crossville, TN 38555

3 Beds
3.5 Baths
2,681 Sq Ft
3.98 Acres

Recently Sold

$231 Per Sq Ft

5% Below List Price

Highlights

  • Waterfront
  • Countryside Views
  • Stream or River on Lot
  • Craftsman Architecture
  • Deck
  • Wooded Lot

About This Home

As of July 2022

Beautiful Craftsman Home. This home sits off the road and offers privacy and open concept living. Primary Bedroom is located on on side of the home and the other two bedrooms each has it own en-suite bathroom and walk in closets. The upstairs is partially unfinished, This area could be an additional living area or perfect for a home theater, bonus room or in-law suite. There is also a basement that has been partially finished and could be completed for another entertainment area. In the kitchen there is an attached walk in pantry and storage closet. Enjoy two covered porches perfect for entertaining. The property has a trail that leads you through the woods to Daddy's Creek. Home has Anderson windows. Buyer to verify all information before making an informed offer

Last Agent to Sell the Property

Sheila Seiber

Mountain Lake Realty, LLC License #339836 Listed on: 05/06/2022

Co-Listed By

Brian Dear

Mountain Lake Realty, LLC License #336444

Last Buyer's Agent

Tina Isham Jones

First Realty Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,472

Year Built

  • Built in 2018

Lot Details

  • 3.98 Acre Lot
  • Waterfront
  • Wooded Lot

Property Views

  • Countryside Views
  • Forest Views

Home Design

  • Craftsman Architecture
  • Vinyl Siding

Interior Spaces

  • 2,681 Sq Ft Home
  • Free Standing Fireplace
  • Stone Fireplace
  • Vinyl Clad Windows
  • ENERGY STAR Qualified Doors
  • Unfinished Basement
  • Walk-Out Basement

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Side or Rear Entrance to Parking
  • Off-Street Parking

Outdoor Features

  • Stream or River on Lot
  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Homestead Middle School
  • Stone Memorial High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Tankless Water Heater

Community Details

  • Meridian Sub Ph Iv Subdivision

Listing and Financial Details

  • Property Available on 5/13/22
  • Assessor Parcel Number 151 022.60

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,472

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Directions: From Downtown Crossville. Take 127 S towards Homestead. Turn onto Hwy. 68 Turn Right onto Hayes Road. Turn left onto Meridian Road. Turn Right onto Grace Lane. Home on left. Sign in yard.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2018
  • Lot Size Acres: 3.98
  • Co List Office Mls Id: 3186
  • Co List Office Phone: 931-202-1678
  • Subdivision Name: Meridian Sub Ph Iv
  • Architectural Style: Craftsman
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Tankless Wtr Htr, Self Cleaning Oven, Refrigerator, Microwave
  • Has Basement: Unfinished, Walkout
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Stone, Free Standing
  • Fireplaces: 1
  • Flooring: Hardwood, Tile

Exterior Features

  • Exterior Features: Windows - Vinyl, Porch - Covered, Deck, Doors - Energy Star
  • View: Country Setting, Wooded
  • Lot Features: Waterfront Access, River, Wooded
  • Construction Type: Vinyl Siding
  • Other Structures: Storage

Garage/Parking

  • Attached Garage: No
  • Parking Features: Side/Rear Entry, Off-Street Parking

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Forced Air, Heat Pump
  • Heating Yn: Yes

Schools

  • High School: Stone Memorial
  • Middle Or Junior School: Homestead

Lot Info

  • Lot Size Sq Ft: 173368.8
  • Parcel #: 151 022.60
  • ResoLotSizeUnits: Acres

Rental Info

  • Available Date: 2022-05-13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2023
Sold by
Moreland Dave L and Moreland Sylvia M
Bought by
D S Moreland Trust and Moreland

Purchase Details

Closed on
Apr 14, 2023
Sold by
Moreland Dave L
Bought by
Moreland Dave L and Moreland Sylvia M

Purchase Details

Listed on
May 6, 2022
Closed on
Jul 15, 2022
Sold by
Ray Mcpherson George Edward and Ma Kathryn
Bought by
Moreland Dave L
Seller's Agent
Sheila Seiber
Mountain Lake Realty, LLC
Buyer's Agent
Tina Isham Jones
First Realty Company
List Price
$650,000
Sold Price
$620,000
Premium/Discount to List
-$30,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.92%
Original Mortgage
$400,000
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 16, 2021
Closed on
Jul 2, 2021
Sold by
Goad R Matthew R and Goad Amanda W
Bought by
Mcpharson George Edward Ray and Mcpharson Kathryn Marie
Seller's Agent
Justin Phillips
CENTURY 21 Realty Group, LLC
Buyer's Agent
Brian Dear
Century 21 Fountain Realty, LLC
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.48%
Original Mortgage
$150,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2017
Sold by
Ball David P
Bought by
Goad R Matthew and Goad Amanda W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.95%
Mortgage Type
Construction

Purchase Details

Closed on
May 14, 2001
Sold by
Matthews Jackie and Matthews Kay
Bought by
Ball David P
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- Paramount Title Services
Warranty Deed $620,000 Cantrell Christopher
Warranty Deed $500,000 J D Land Title Inc
Deed $35,000 Looney & Chadwell Title
Deed $20,000 --
Deed $15,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $400,000 New Conventional
Previous Owner $150,000 New Conventional
Previous Owner $62,500 Credit Line Revolving
Previous Owner $234,000 New Conventional
Previous Owner $231,000 New Conventional
Previous Owner $50,000 Construction
Previous Owner $175,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2025 08/11/25 For Sale $727,500 +17.3% $272 / Sq Ft
07/15/2022 07/15/22 Sold $620,000 -3.1% $231 / Sq Ft
05/23/2022 05/23/22 Price Changed $639,900 -1.6% $239 / Sq Ft
05/13/2022 05/13/22 For Sale $650,000 +30.0% $242 / Sq Ft
05/06/2022 05/06/22 Pending -- -- --
07/06/2021 07/06/21 Sold $500,000 -- $186 / 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 $1,472 $129,700 $10,825 $118,875
2023 $1,472 $129,700 $0 $0
2022 $1,472 $129,700 $10,825 $118,875
2021 $1,707 $109,075 $10,825 $98,250
2020 $1,707 $109,075 $10,825 $98,250
2019 $1,707 $109,075 $10,825 $98,250
2018 $169 $10,825 $10,825 $0
2017 $169 $10,825 $10,825 $0
2016 $120 $7,825 $7,825 $0
2015 $117 $7,825 $7,825 $0
2014 $117 $7,829 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1190376

East Tennessee REALTORS® MLS

APN: 151-022.60