NOT LISTED FOR SALE

1120 Highway 138 Mercer, TN 38392

Estimated Value: $361,798 - $373,000

5 Beds
5 Baths
3,693 Sq Ft
$100/Sq Ft Est. Value

Last Sold October 24, 2018

Last sale price $250,000 $68 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,195/month

161 Days on Market

Highlights

  • Barn
  • Pond
  • Main Floor Primary Bedroom
  • Covered Deck
  • Wood Flooring
  • Marble Countertops

About This Home

As of October 2018

West Madison County Horse Farm- Large 5 bed, 5 bath Brick Home + Barn, Storage, & Detached Apartment/Shop. Fenced 3.5ac pasture for horses plus Pond. Great property located approx 7min off I-40 & only 15min from Jackson. Extra large rooms, 2 living rooms, Gas fireplace, w/built-ins, Office, plus Flex room. 2 Masters Downstairs - Mother-in-law suite! Hardwood Flooring. Barn offers garage, tack, & lean-to horse protection. Circle Drive & Nice Covered Deck for outdoor entertainment. Alan Castleman 731-414-5862

Last Agent to Sell the Property

Alan Castleman

Hickman Realty Group Inc.-Jack License #320248 Listed on: 04/05/2018

Last Buyer's Agent

Denice Webb

Hickman Realty Group, Inc.-Mil License #303220

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,527

Year Built

  • Built in 1976

Lot Details

  • 9 Acre Lot
  • Vinyl Fence
  • Wire Fence

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,693 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Ceiling height between 8 to 10 feet
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Wood Frame Window
  • Separate Formal Living Room
  • Formal Dining Room
  • Home Office
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Marble Countertops
  • Formica Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 5 Full Bathrooms
  • Single Vanity
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer Hookup

Attic

  • Attic Floors
  • Walk-In Attic

Home Security

  • Home Security System
  • Storm Windows

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Pond
  • Covered Deck
  • Separate Outdoor Workshop
  • Rain Gutters
  • Private Mailbox

Farming

  • Barn

Utilities

  • Multiple cooling system units
  • Central Air
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 015.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,527

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Age: 42
  • Class: RESIDENTIAL
  • Type: Single Family
  • Year Built: 1976
  • New Construction: No
  • Resort: No
  • Subtype: None
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Floors: Carpet | Carpet/Tile/Hardwood | Hardwood | Tile/Ceramic
  • Number Of Stories: 1 1/2
  • Estimated Heated Sq Ft: 3693
  • Appliances: Disposal | Dishwasher | Refrigerator | Security System
  • Estimated Unheated Sq Ft: 585
  • Attic Type: Partially Floored | Walk In
  • Bedroom 2 Level: m
  • Bedroom 2 Size: 15x11
  • Bedroom 3 Level: u
  • Bedroom 3 Size: 14x11
  • Bedroom 4 Level: u
  • Bedroom 4 Size: 14x12
  • Bedroom 5 Level: u
  • Bedroom 5 Size: 14x12
  • Countertops: Formica (Plastic) | Man Made Marble
  • Den Level: m
  • Den Size: 18x15
  • Extra Room1 Level: m
  • Extra Room1 Size: 16x10
  • Extra Room2 Level: o
  • Extra Room2 Size: 21x14
  • Extra Room3 Level: o
  • Extra Room3 Size: 21x7
  • Extra Room4 Level: o
  • Extra Room4 Size: 11x11
  • Fireplace: Gas Logs
  • Formal Dining Rm Level: m
  • Formal Dining Rm Size: 12x11
  • Foyer Level: m
  • Foyer Size: 12x10
  • In Law Quarters: No
  • Internal Features: Ceiling Fan(s) | Garage Door Opener | Washer/Dryer Connection | Electric Water Heater | Mother-In-Law Suite
  • Kitchen Features: Eat In Kitchen
  • Kitchen Level: m
  • Kitchen Size: 19x11
  • Laundry Room Level: m
  • Laundry Room Size: 19x5
  • Living Room Level: m
  • Living Room Size: 19x13
  • Primary Bathroom: Tub Shower Combo | Single Vanity | Ceramic Tile Floor
  • Master Bedroom Level: Main
  • Master Bedroom Level2: m
  • Master Bedroom Size: 16x14
  • Number Of Bedrooms: 5
  • Full Bathrooms: 5
  • Range Ovens: Convection Oven | Down Draft | Microwave Vent Hood | Range/Oven-Electric
  • Trim Type: Vinyl
  • Windows Treatments: Blinds-Faux
  • Window Types: Storm | Thermo Pane | Wood
  • Price Per Sq Ft: 70.38

Exterior Features

  • Construction: Brick
  • Foundation: Crawl Space
  • Water: Well-Ind.
  • Waterfront: No
  • Water View: No
  • Decks Patio Porches: Covered Deck | Deck
  • External Features: Gutters | Workshop | Mail Box | Storage Building | Pond/Lake | Barn
  • Fenced Yard: Vinyl | Wire
  • On Golf Course: No
  • Roof: Composite Shingle

Garage/Parking

  • Car Storage: 2
  • Garage Type: Attached Garage

Utilities

  • Sewer: Septic
  • Air Units: 3
  • Cooling System: Cent. A/C-Electric
  • Heating System: Gas Forced Air Cent.
  • Water Heater Units: 2

Association/Amenities

  • Gated Community: No

Lot Info

  • Geo Update Timestamp: 4/6/2018 3:59:15 PM
  • Geo Address Line: 1120 Highway 138
  • Geo Primary City: Mercer
  • Geo Quality: 0.95
  • Geo Subdivision: TN
  • Geo Zoom Level: 16
  • Lot Size: 9 Acres
  • Map Number: 135
  • Number Of Acres: 9
  • Parcel Number: 015.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2018
Closed on
Oct 25, 2018
Sold by
Beck Michael T and Beck Naomi
Bought by
Somers Jay J and Somers Pamela
Seller's Agent
Alan Castleman
Hickman Realty Group Inc.-Jack
Buyer's Agent
Denice Webb
Hickman Realty Group, Inc.-Mil
List Price
$269,900
Sold Price
$250,000
Premium/Discount to List
-$19,900
-7.37%
Total Days on Market
161
Current Estimated Value
$369,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,450
Avg. Annual Appreciation
6.66%
Original Mortgage
$250,000
Interest Rate
4.6%
Mortgage Type
VA

Purchase Details

Closed on
Sep 17, 2013
Sold by
Lovelace Deborah Kae Wilhi
Bought by
Beck Michael T and Beck Naomi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,794
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 1, 1975
Bought by
Wilhite William E and Wilhite Patricia
Source: Public Records

Similar Home in Mercer, TN

  • 1120 Highway 138, Mercer, TN 38392

    $354,900

    • 5 Beds
    • 4 Baths
    • 4,372 Sq Ft
    • 1120 Highway 138
    • Mercer, TN

    Escape to the country with this nearly 4,000 sqft home on 9+ acres perfect for a mini farm! This spacious property offers endless potential with out buildings, pond and fenced in pasture. The home itself is ready for your vision and in need of some TLC.

    Gary Ashton The Ashton Real Estate Group of RE/MAX Advantage

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Range of Values:

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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
Somers Jay J $250,000 None Available
Beck Michael T $177,000 --
Wilhite William E $3,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Somers Jay J $265,990
Closed Somers Jay L $265,990
Closed Somers Jay J $261,950
Closed Somers Jay J $255,458
Closed Somers Jay J $250,000
Previous Owner Beck Michael T $171,678
Previous Owner Beck Michael T $173,794
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2018 10/24/18 Sold $250,000 -7.4% $68 / Sq Ft
09/13/2018 09/13/18 Pending -- -- --
04/05/2018 04/05/18 For Sale $269,900 -- $73 / Sq Ft
Source: Central West Tennessee 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 $1,527 $81,475 $8,000 $73,475
2022 $1,527 $81,475 $8,000 $73,475
2021 $1,164 $49,525 $6,850 $42,675
2020 $1,164 $49,525 $6,850 $42,675
2019 $1,164 $49,525 $6,850 $42,675
2018 $1,164 $49,525 $6,850 $42,675
2017 $1,144 $46,700 $5,200 $41,500
2016 $1,004 $46,700 $5,200 $41,500
2015 $1,004 $46,700 $5,200 $41,500
2014 $1,004 $46,700 $5,200 $41,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central West Tennessee Association of REALTORS®

MLS Number: 182180

Central West Tennessee Association of REALTORS®

APN: 135-015.01