Dr. Clary Foote purchased the Regions Bank building in downtown Harriman for $280,500 in January 2012. It’s now appraised at $3.633 million.
“That’s the value that we feel confident about,” Roane County Property Assessor David Morgan said.
Foote disagrees with the value.
“All of downtown Harriman wouldn’t be worth that much,” he said.
The building has been the subject of some controversy, involving the assessor’s office before.