NOT LISTED FOR SALE

1049 Drake Ln Summertown, TN 38483

Estimated Value: $250,821 - $436,000

2 Beds
1 Bath
975 Sq Ft
$359/Sq Ft Est. Value

Last Sold March 20, 2016

Last sale price $29,559 $30 Per Sq Ft

Est. 1,085% increase in value since last sale

Current estimated payment $1,890/month

37 Days on Market

Highlights

  • Cooling Available
  • Heating Available
  • Property has 1 Level
  • Carpet

About This Home

As of March 2016

REO PROPERTY-BANK OWNED. PROPERTY SOLD AS IS. The Listing Broker & Seller assume no responsibility & make no guarantees, warranties or representations as to accuracy of the property information or photographs. Buyer to turn on Utilities for INSPECTIONS.

Last Agent to Sell the Property

Georgia Landry

Listed on: 01/04/2016

Last Buyer's Agent

Brenda Perry

RE/MAX PROS License # 309517

RE/MAX PROS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $355

Year Built

  • Built in 1980

Lot Details

  • 2.9 Acre Lot

Interior Spaces

  • 975 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Lewis County Elementary School
  • Lewis County Middle School
  • Lewis Co High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 051085 01001 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$355

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Ranch
  • Year Built: 1980
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 975
  • Building Area Units: Square Feet
  • Living Area: 975
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: Other
  • Water Source: Other
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time
  • Senior Community: No

Lot Info

  • Lot Size Acres: 2.9
  • Lot Size: 126324
  • Lot Size Units: Acres
  • Parcel #: 051085 01001 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 355

MLS Schools

  • Elementary School: Lewis County Elementary
  • High School: Lewis Co High School
  • Middle Or Junior School: Lewis County Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2020
Sold by
Lyons Bryson and Lyons Alison N
Bought by
Labue Dustin K and Labue Angela
Current Estimated Value
$350,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,800
Outstanding Balance
$171,789
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$178,416

Purchase Details

Listed on
Jan 4, 2016
Closed on
Mar 17, 2016
Sold by
Lyons Bryson
Bought by
Lyons Bryson and Lyons Alison N
Seller's Agent
Georgia Landry
Buyer's Agent
Brenda Perry
RE/MAX PROS
List Price
$42,400
Sold Price
$29,559
Premium/Discount to List
-$12,841
-30.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.30%
Original Mortgage
$22,400
Interest Rate
3.65%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 4, 2016
Closed on
Mar 16, 2016
Sold by
Deutsche Bank National Trust Co Trustee
Bought by
Lyons Bryson
Seller's Agent
Georgia Landry
Buyer's Agent
Brenda Perry
RE/MAX PROS
List Price
$42,400
Sold Price
$29,559
Premium/Discount to List
-$12,841
-30.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,400
Interest Rate
3.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 3, 2015
Sold by
Greer Patricia
Bought by
Deutsche Bank National Trust Co Trustee and Gsamp Trust

Purchase Details

Closed on
Sep 23, 1996
Sold by
Etal Stafford Wanda
Bought by
Greer Patricia L

Purchase Details

Closed on
Mar 5, 1996
Sold by
Etal Stafford Wanda
Bought by
Etal Stafford Wanda

Purchase Details

Closed on
Jun 13, 1978
Bought by
Greer Patricia Lynn
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
Labue Dustin K $204,000 None Available
Lyons Bryson -- --
Lyons Bryson $29,559 --
Deutsche Bank National Trust Co Trustee $56,500 --
Greer Patricia L $3,400 --
Etal Stafford Wanda $9,700 --
Greer Patricia Lynn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Labue Dustin K $193,800
Previous Owner Lyons Bryson $22,400
Previous Owner Lyons Bryson $22,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2016 03/20/16 Sold $29,559 -30.3% $30 / Sq Ft
02/10/2016 02/10/16 Pending -- -- --
01/04/2016 01/04/16 For Sale $42,400 -- $43 / Sq Ft
Source: Realtracs

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
2025 $678 $59,400 $0 $0
2024 $678 $36,000 $3,025 $32,975
2023 $678 $36,000 $3,025 $32,975
2022 $678 $36,000 $3,025 $32,975
2021 $678 $36,000 $3,025 $32,975
2020 $678 $36,000 $3,025 $32,975
2019 $470 $20,475 $4,325 $16,150
2018 $470 $20,475 $4,325 $16,150
2017 $470 $20,475 $4,325 $16,150
2016 $470 $20,475 $4,325 $16,150
2015 -- $15,475 $4,325 $11,150
2014 -- $15,475 $4,325 $11,150
2013 -- $14,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1693598

Realtracs

APN: 085-010.01