NOT LISTED FOR SALE

107 Shady Ln Gainesboro, TN 38562

Estimated Value: $165,000 - $390,000

2 Beds
1.5 Baths
3,262 Sq Ft
$80/Sq Ft Est. Value

Last Sold November 21, 2023

Last sale price $134,000 $41 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $1,466/month

106 Days on Market

Highlights

  • Barn
  • No HOA
  • Accessible Doors
  • Bluff View
  • Covered Patio or Porch
  • 2 Car Garage

About This Home

As of November 2023

3 ac with a solid build ranch with full basement, 2BD (might be bedrooms in basement), 1.5 BA (might be a bath in basement), 2066 sq ft, bonus room with FP, formal dining room, open concept kitchen with eat in & nook, front covered porch, back open patio with privacy fence & in ground pool (needs work). 2 car detached garage, barn, some fencing, mostly level to a slight roll and estimated half & half clear and woods. The wooded areas could be cleared for more open. The home is in major need of repair. The entire property needs repaired, including the pool. Ideal home to flip, investment, horse potential or as your permanent residence.

Last Agent to Sell the Property

Debra Dodd

No 1 Quality Realty Brokerage Phone: 9313971660 License # 275382 Listed on: 05/31/2023

Last Buyer's Agent

NONMLS NONMLS

License #2211

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,118

Year Built

  • Built in 1973

Lot Details

  • 3 Acre Lot
  • Privacy Fence
  • Lot Has A Rolling Slope

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Metal Roof
  • Stone Siding

Interior Spaces

  • Property has 2 Levels
  • Living Room with Fireplace
  • Bluff Views
  • Unfinished Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Schools

  • Gainesboro Elementary
  • Jackson County High School

Utilities

  • No Cooling
  • No Heating
  • Septic Tank

Additional Features

  • Accessible Doors
  • Covered Patio or Porch
  • Barn

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 033 04200 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,118

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1973
  • Unit Levels: Two
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 9313971660
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Primary Bedroom Main Floor
  • Accessibility Features: Accessible Doors
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Other, Vinyl
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Has Basement: Unfinished
  • Above Grade Finished Sq Ft: 2066
  • Below Grade Sq Ft: 1196
  • Building Area Units: Square Feet
  • Living Area: 3262
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Barn(s)
  • Construction Type: Stone
  • Fencing: Privacy
  • Patio And Porch Features: Covered Patio, Patio
  • Pool Private: No
  • Roof: Metal
  • View: Bluff
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Detached, Concrete, Driveway
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Rolling Slope
  • Lot Size Acres: 3
  • Lot Size Units: Acres
  • Parcel #: 033 04200 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1118

MLS Schools

  • Elementary School: Gainesboro Elementary
  • High School: Jackson County High School
  • Middle Or Junior School: Gainesboro Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2024
Sold by
Anderson Charles and Anderson Racheal
Bought by
Wesolowski Myles James and Wesolowski Katherine Rose
Current Estimated Value
$259,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,200
Outstanding Balance
$258,441
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
-$26,534

Purchase Details

Closed on
Sep 20, 2018
Sold by
Pennington Jamie D and Phillips Cathy Ann
Bought by
Pennington Scottie D

Purchase Details

Closed on
Apr 24, 1989
Bought by
Pennington Cathy

Purchase Details

Closed on
Aug 6, 1971
Bought by
Pennington Roger Dale and Pennington Cathy
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
Wesolowski Myles James $265,000 Integrity Title
Pennington Scottie D $50,000 None Available
Pennington Cathy -- --
Pennington Roger Dale -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wesolowski Myles James $260,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2023 11/21/23 Sold $134,000 -20.7% $41 / Sq Ft
09/14/2023 09/14/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $169,000 -- $52 / 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
2024 $1,152 $45,175 $4,375 $40,800
2023 $1,191 $46,700 $5,250 $41,450
2022 $1,118 $49,700 $8,250 $41,450
2021 $1,118 $49,700 $8,250 $41,450
2020 $979 $49,700 $8,250 $41,450
2019 $979 $35,100 $8,250 $26,850
2018 $979 $35,100 $8,250 $26,850
2017 $979 $35,100 $8,250 $26,850
2016 $980 $35,100 $8,250 $26,850
2015 $1,000 $35,100 $8,250 $26,850
2014 $1,082 $37,975 $8,300 $29,675
Source: Public Records

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Map

Source: Realtracs

MLS Number: 2531222

Realtracs

APN: 033-042.00