NOT LISTED FOR SALE

1049 Drakes Ln Summertown, TN 38483

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

2 Beds
1 Bath
1,074 Sq Ft
$326/Sq Ft Est. Value

Last Sold July 01, 2020

Last sale price $204,000 $190 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,890/month

3 Days on Market

Highlights

  • Guest House
  • Deck
  • No HOA
  • A-Frame Home
  • Valley View
  • Covered Patio or Porch

About This Home

As of July 2020

Such an adorable Home ~ offering a possible man's cave (in-law-suite, rental space etc...) Home is a 2 bed 1 bath totally renovated with beautiful flooring, new fixtures, new appliances, new roof, new siding, new deck, 3 car garage w/ apartment presently being built with buyer to put own final touches to suit their taste (sep septic tanks) & covered patio all on 3.9 Acres of beautiful open land w/mature shade trees. Such a cozy, welcoming place to call home. Summertown Schools may be option.

Last Agent to Sell the Property

Brenda Perry

RE/MAX PROS Brokerage Phone: 9316267328 License # 309517 Listed on: 05/19/2020

RE/MAX PROS

Last Buyer's Agent

Jeff Gebert

McArthur Sanders Real Estate License #335281

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $516

Year Built

  • Built in 1976

Lot Details

  • 3.9 Acre Lot
  • Sloped Lot

Parking

  • 3 Car Garage
  • 9 Open Parking Spaces
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • A-Frame Home
  • Metal Roof
  • Aluminum Siding

Interior Spaces

  • 1,074 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Laminate Flooring
  • Valley Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered Patio or Porch

Additional Homes

  • Guest House

Schools

  • Lewis County Elementary School
  • Lewis County Intermediate School
  • Lewis County High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Rural Home & 3 Car Garage Subdivision

Listing and Financial Details

  • Assessor Parcel Number 085 01001 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$516

Year Built

Built in 1976

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: A-Frame
  • Year Built: 1976
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RENOV
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), Redecorated, Utility Connection, Walk-In Closet(s)
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Fireplace: No
  • Flooring: Laminate
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 1074
  • Building Area Units: Square Feet
  • Living Area: 1074
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Garage Door Opener, Carriage/Guest House
  • Construction Type: Aluminum Siding
  • Patio And Porch Features: Covered Patio, Covered Porch, Deck
  • Pool Private: No
  • Roof: Metal
  • View: Valley
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking Spaces: 9
  • Parking Features: Detached, Driveway, Gravel
  • Total Parking Spaces: 12

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Electric, Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Central
  • Heating Yn: Yes
  • Security: Smoke Detector(s)

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Sloped
  • Lot Size Acres: 3.9
  • Lot Size Units: Acres
  • Parcel #: 085 01001 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 516

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2020
Closed on
Jun 30, 2020
Sold by
Lyons Bryson and Lyons Alison N
Bought by
Labue Dustin K and Labue Angela
Seller's Agent
Brenda Perry
RE/MAX PROS
Buyer's Agent
Jeff Gebert
McArthur Sanders Real Estate
List Price
$199,000
Sold Price
$204,000
Premium/Discount to List
$5,000
2.51%
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.
Estimated Appreciation
$146,205
Avg. Annual Appreciation
10.67%
Original Mortgage
$193,800
Outstanding Balance
$171,789
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$178,416

Purchase Details

Closed on
Mar 17, 2016
Sold by
Lyons Bryson
Bought by
Lyons Bryson and Lyons Alison N

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
Mar 16, 2016
Sold by
Deutsche Bank National Trust Co Trustee
Bought by
Lyons Bryson

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
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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
07/01/2020 07/01/20 Sold $204,000 +2.5% $190 / Sq Ft
05/22/2020 05/22/20 Pending -- -- --
05/19/2020 05/19/20 For Sale $199,000 -- $185 / 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: 2151379

Realtracs

APN: 085-010.01