NOT LISTED FOR SALE

1120 Summertown Hwy Hohenwald, TN 38462

Estimated Value: $1,068,577

254 Acres
$4,205 Price per Acre
11,069,030 Sq Ft Lot

Last Sold July 16, 2019

Last sale price $640,199

Est. 67% increase in value since last sale

Current estimated payment $6,153/month

About This Lot

As of July 2019

Beautiful 254 acre fenced cattle farm. Soft, gentle rolling topography with several ponds and large equipment shed. Outstanding hay producer and would make a tremendous agriculture lease income property. Versatile investment property

Last Agent to Sell the Property

W. W. Young

Pro South Properties License #238646 Listed on: 08/08/2018

Last Buyer's Agent

W. W. Young

Pro South Properties License #238646 Listed on: 08/08/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,496

Lot Details

  • 254.11 Acre Lot
  • Property fronts a county road
  • Property is zoned Farm

Interior Spaces

  • Property has 3 Levels

Schools

  • Lewis County Elementary School
  • Lewis County Middle School
  • Summertown High School

Community Details

  • 258 Acre Cattle Farm Subdivision

Listing and Financial Details

  • Assessor Parcel Number 051042 06700 00003042

Property Details

Property Type

Land

Est. Annual Taxes

$1,496

Lot Details

0

Listing Details

  • Prop. Type: Farm
  • Habitable Residence: No
  • Inclusions: LDBLG
  • Unit Levels: Three Or More
  • ResoPropertyType: Farm
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Fireplace: No
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet

Exterior Features

  • Pool Private: No
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt
  • View: No
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling Y N: No
  • Heating Yn: No

Lot Info

  • Zoning: Farm
  • Cultivated Acreage: 258
  • Lot Size Acres: 254.11
  • Lot Size: Irregular
  • Lot Size Units: Acres
  • Parcel #: 051042 06700 00003042
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1496

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2018
Closed on
Jul 16, 2019
Sold by
J Hassell Kelley Family Partnership
Bought by
Summertown Blue Llc
Seller's Agent
W. W. Young
Pro South Properties
Buyer's Agent
W. W. Young
Pro South Properties
List Price
$224,900
Sold Price
$640,199
Premium/Discount to List
$415,299
184.66%
Current Estimated Value
$1,068,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$428,378
Avg. Annual Appreciation
9.09%
Original Mortgage
$487,500
Outstanding Balance
$431,472
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$637,105

Purchase Details

Closed on
Dec 19, 1986
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
Summertown Blue Llc $640,199 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Summertown Blue Llc $487,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2021 04/17/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $224,900 -64.9% --
07/16/2019 07/16/19 Sold $640,199 -- --
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 $1,854 $98,425 $97,075 $1,350
2023 $1,854 $98,425 $97,075 $1,350
2022 $1,854 $98,425 $97,075 $1,350
2021 $1,854 $98,425 $97,075 $1,350
2020 $1,854 $98,425 $97,075 $1,350
2019 $1,496 $65,225 $64,175 $1,050
2018 $1,496 $65,225 $64,175 $1,050
2017 $1,496 $65,225 $64,175 $1,050
2016 $1,496 $65,225 $64,175 $1,050
2015 -- $65,225 $64,175 $1,050
2014 -- $65,225 $64,175 $1,050
2013 -- $51,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1958910

Realtracs

APN: 042-067.00