NOT LISTED FOR SALE

101 Penny Ln Martin, TN 38237

Estimated Value: $131,000 - $193,027

-- Bed
2 Baths
1,664 Sq Ft
$90/Sq Ft Est. Value

Last Sold October 24, 2022

Last sale price $120,000 $72 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $915/month

26 Days on Market

Highlights

  • Corner Lot
  • Brick or Stone Mason
  • Central Heating
  • Thermal Pane Windows
  • Landscaped with Trees
  • Vinyl Flooring

About This Home

As of October 2022

This property is on quiet dead-end street. Good income producing property. Buyer is responsible for checking square footage and acreage. Listing agency is not responsible for inaccuracies.

Last Agent to Sell the Property

David Sudberry

TENNESSEE UNITED REAL ESTATE, LLC Brokerage Phone: 731-588-4100 Listed on: 09/07/2022

TENNESSEE UNITED REAL ESTATE, LLC

Last Buyer's Agent

Christy Dane

TENNESSEE UNITED REAL ESTATE, LLC License #330607

TENNESSEE UNITED REAL ESTATE, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

  • 10,454 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Landscaped with Trees

Parking

  • 4 Open Parking Spaces

Home Design

  • Duplex
  • Brick or Stone Mason
  • Composition Roof

Interior Spaces

  • 1,664 Sq Ft Home
  • 1-Story Property
  • Thermal Pane Windows
  • Blinds
  • Vinyl Flooring
  • Crawl Space

Utilities

  • Central Heating
  • Air Source Heat Pump

Community Details

  • Gross Income $13,200

Listing and Financial Details

  • Assessor Parcel Number 012.00

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Exclusions: No
  • Year Built: 1974
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • LotFeatures: Level Lot, Corner Lot, Trees
  • Lot Size Acres: 0.24
  • Road Surface Type: Paved
  • Total Gross Income: 13200
  • Attribution Contact: MAIN: 731-588-4100
  • Co List Office Phone: 731-588-4100
  • MLS Status: Sold
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Tax Record
  • Fireplace Features: None
  • Window Features: Thermal Pane
  • Sign YN: Yes
  • Financing Terms: Cash
  • RealEstateOwnedYN: No
  • HeatedSquareFootage: 1664
  • WindowTreatments: Blinds All
  • TotalSquareFootage: 1664
  • Group: A
  • UtilitiesPaidBy: All By Tenant
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Stories: 1

Exterior Features

  • Roof: Comp/Asphalt
  • Construction Type: Brick
  • Foundation Details: Crawl Space

Garage/Parking

  • Open Parking Spaces: 4

Utilities

  • Sewer: City Sewer
  • Cooling: Heat Pump
  • Heating: Central Electric
  • Water Source: City

Condo/Co-op/Association

  • HOA Rent Includes: None

Lot Info

  • Parcel Number: 012.00
  • LotLocation: In City Limits

Rental Info

  • Lease Term: 12 Months

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Map Number: 072G

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2022
Closed on
Oct 24, 2022
Sold by
Persinger Houston J and Persinger Camille L
Bought by
Stokes James
Seller's Agent
David Sudberry
TENNESSEE UNITED REAL ESTATE, LLC
Buyer's Agent
Christy Dane
TENNESSEE UNITED REAL ESTATE, LLC
List Price
$134,900
Sold Price
$120,000
Premium/Discount to List
-$14,900
-11.05%
Current Estimated Value
$149,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,257
Avg. Annual Appreciation
8.78%

Purchase Details

Closed on
Jan 12, 2021
Sold by
Hhgc Llc
Bought by
Persinger Houston J and Persinger Camille L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,400
Interest Rate
2.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Oct 28, 2019
Closed on
Mar 17, 2020
Sold by
Andrews Ben P and Andrews Gayle
Bought by
Hhgc Llc
Seller's Agent
Christy Dane
TENNESSEE UNITED REAL ESTATE, LLC
Buyer's Agent
David Sudberry
TENNESSEE UNITED REAL ESTATE, LLC
List Price
$89,900
Sold Price
$76,500
Premium/Discount to List
-$13,400
-14.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.44%
Original Mortgage
$81,200
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 15, 1994
Bought by
Andrews Ben P and Andrews Gayle
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
Stokes James $120,000 --
Persinger Houston J -- None Available
Persinger Houston J -- None Listed On Document
Hhgc Llc $76,500 None Available
Andrews Ben P $54,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Persinger Houston $228,800
Previous Owner Persinger Houston J $66,400
Previous Owner Hhgc Llc $81,200
Previous Owner Andrews Ben P $43,160
Previous Owner Andrews Ben P $45,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2022 10/24/22 Sold $120,000 -11.0% $72 / Sq Ft
09/07/2022 09/07/22 For Sale $134,900 +76.3% $81 / Sq Ft
03/17/2020 03/17/20 Sold $76,500 -14.9% $46 / Sq Ft
10/28/2019 10/28/19 For Sale $89,900 -- $54 / Sq Ft
Source: Reelfoot Regional Association of REALTORS®

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 -- $47,720 $4,000 $43,720
2023 $1,440 $47,720 $4,000 $43,720
2022 $1,252 $33,600 $2,400 $31,200
2021 $1,252 $33,600 $2,400 $31,200
2020 $1,252 $33,600 $2,400 $31,200
2019 $1,135 $33,600 $2,400 $31,200
2018 $1,135 $33,600 $2,400 $31,200
2017 $815 $22,440 $2,000 $20,440
2016 $815 $22,440 $0 $0
2015 $815 $22,428 $0 $0
2014 $815 $22,428 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Sudberry

    Seller's Agent in 2022

    David Sudberry

    RE/MAX

    (731) 819-0857

    48 Total Sales

    David Sudberry
    Section Image
  • Christy Dane

    Buyer's Agent in 2022

    Christy Dane

    RE/MAX

    (731) 571-7654

    118 Total Sales

    Christy Dane
    Section Image
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Map

Source: Reelfoot Regional Association of REALTORS®

MLS Number: RRA43687

Reelfoot Regional Association of REALTORS®

APN: 072G-A-012.00

Tennessee Weakley County Martin 38237

101 Penny Ln, Martin, TN

This home is located at 101 Penny Ln, Martin, TN 38237 since 07 September 2022 and is currently estimated at $149,257, approximately $89 per square foot. This property was built in 1974. 101 Penny Ln is a home located in Weakley County with nearby schools including Unity Christian School.

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.

Reelfoot Regional Association of REALTORS® 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.

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