Could not understand why this house was so cheap!

[zeek]

Looking to relocate back to Tennessee and searching for just the right home preferably near a river or lake. Realtor sent me this one that was so damn cheap and I needed to know why. I did a little research and found that the area is falling into the Tn. River! First pic is the house, next pic shows the massive land slide and the house with the silver roof just to the left of the red roof house is the one I was looking at, third pic is the news article..

[m and t's77]

I would find a better realtor.

[04 commemorative]

[Unsuspicious]

Not cheap enough

[Swany00]

didn't you just move to your paradise home a few years ago?

[Mike Mercury]

Could not understand why this house was so cheap!

just remove that large rock blocking the driveway... then you're good to go.

[MadInNc]

Forwarded to UD, he will make $Millions of it.


Zeek, how the hell can they list that disaster?

[zeek]

Originally Posted by MadInNc

Forwarded to UD, he will make $Millions of it.


Zeek, how the hell can they list that disaster?

I have no idea...Its listed on zillow also. No disclaimer or anything. I just knew something had to be wrong so did some digging. This land slide happened in 2020 so its about due again...

[Yadkin]

Water often creates instability: alluvial soils. Just because you build a house there doesn't change that.

[dvarapala]

Originally Posted by Swany00

didn't you just move to your paradise home a few years ago?

Zeek : Houses :: Lars : Trucks

[Bill]

Originally Posted by MadInNc

Forwarded to UD, he will make $Millions of it.


Zeek, how the hell can they list that disaster?

Sold as is, where is, no warranty expressed or implied. As long as the seller is making the buyer aware of the potential issues, I don't see any problem with listing it for sale. It's really no different than people selling homes right on the beach of the Gulf of Mexico. Everyone knows when the big one hits, you may well lose your home, more importantly, the land it sits on as well. So your property is literally underwater and the next row of homes behind you becomes the new beachfront property.

[Red Baron]

Originally Posted by zeek

Looking to relocate back to Tennessee and searching for just the right home preferably near a river or lake. Realtor sent me this one that was so damn cheap and I needed to know why. I did a little research and found that the area is falling into the Tn. River! First pic is the house, next pic shows the massive land slide and the house with the silver roof just to the left of the red roof house is the one I was looking at, third pic is the news article..

I thought it was because these are the neighbors...

[Red Baron]

Originally Posted by Red Baron

I thought it was because these are the neighbors...

Shiners

[snide]

I'm not from that area, but, from what I can tell, the house looks ready to move in, price is not unreasonable.

And, it is close to Hookers Bend.

[LATB]

Originally Posted by dvarapala

Zeek : Houses :: Lars : Trucks

I may have had more trucks than the zeekster, but I imagine overall he has had more vehicles.
And I would guess that I have owned more homes.

[LATB]

Originally Posted by snide

I'm not from that area, but, from what I can tell, the house looks ready to move in, price is not unreasonable.

And, it is close to Hookers Bend.

We like East Tennessee but the smokies area is a tourist trap worse than the beach we left a couple years ago.
And I’m not really into the mountain thing.

[mtnman]

Get a quote for sheet piles. See if the sale price plus the sheet piles is within your target

[jh225]

I used to literally live a couple minutes from there. Know exactly where that happened. The houses are high up on the rivers edge. Know people that live a couple houses away from where that happened and always used to tell my wife that the water is going to keep eroding the shoreline (sand & clay) and eventually, the people we know house will be gone.

Talk about coming pretty damn close in my crystal ball.

I had no idea that happened as we left in 2018 and haven’t spoken to many people from there, but that’s some crazy shit.

And to the OP as far as moving there. Knowing the area of West TN you used to live and work in, you might not be too welcomed in Morris Chapel.

[zsr22]

Price history


Date Event Price


3/1/2024 Listed for sale $239,000+497.5%Source: MAAR #10166959
8/15/2023 Sold $40,000-80.8%Source: Public Record
8/12/2022 Sold $208,000-5.5%Source: MAAR #10110639
7/28/2022 Pending sale $219,999Source: MAAR #10110639
7/25/2022 Price change $219,999-1.7%Source: MAAR #10110639
3/8/2022 Price change $223,899-0.4%Source: MAAR #10110639
1/19/2022 Price change $224,900-2.2%Source: MAAR #10110639
10/14/2021 Listed for sale $229,900+92.4%Source: MAAR #10110639
5/19/2017 Sold $119,500+81.1%Source: Public Record
3/14/2008 Sold $66,000+20%Source: Public Record
4/19/2004 Sold $55,000+22.2%Source: Public Record
10/8/2002 Sold $45,000Source: Public Record

[zeek]

Originally Posted by jh225

I used to literally live a couple minutes from there. Know exactly where that happened. The houses are high up on the rivers edge. Know people that live a couple houses away from where that happened and always used to tell my wife that the water is going to keep eroding the shoreline (sand & clay) and eventually, the people we know house will be gone.

Talk about coming pretty damn close in my crystal ball.

I had no idea that happened as we left in 2018 and haven’t spoken to many people from there, but that’s some crazy shit.

And to the OP as far as moving there. Knowing the area of West TN you used to live and work in, you might not be too welcomed in Morris Chapel.

Why? Whats the reason for the hate? Moonshiners??