NOT LISTED FOR SALE

116 Ivie Cir Unit 118 Martin, TN 38237

Estimated Value: $162,000 - $207,000

-- Bed
2 Baths
1,653 Sq Ft
$107/Sq Ft Est. Value

Last Sold July 03, 2024

Last sale price $164,000 $99 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,024/month

5 Days on Market

Highlights

  • Cul-De-Sac
  • Carpet
  • 1-Story Property
  • Level Lot

About This Home

As of July 2024

This is an income-producing duplex. Both sides currently rented. Great location on a cul-de-sac so there is low traffic. 118 Ivie has new HVAC unit in 2021. Buyer is responsible for checking square footage and acreage. Listing agency is not responsible for inaccuracies.

Last Agent to Sell the Property

David Sudberry

TENNESSEE UNITED REAL ESTATE, LLC Brokerage Phone: 731-588-4100 Listed on: 06/05/2024

TENNESSEE UNITED REAL ESTATE, LLC

Last Buyer's Agent

Christy Dane

TENNESSEE UNITED REAL ESTATE, LLC License #330607

TENNESSEE UNITED REAL ESTATE, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 0.3 Acre Lot
  • Cul-De-Sac
  • Level Lot

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,653 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Crawl Space

Flooring

  • Carpet
  • Vinyl

Utilities

  • Air Source Heat Pump

Community Details

  • Gross Income $13,800

Listing and Financial Details

  • Assessor Parcel Number 047.00

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Exclusions: No
  • Year Built: 1984
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • LotFeatures: Level Lot, Cul-De-Sac
  • Lot Size Acres: 0.3
  • Road Surface Type: Paved
  • Total Gross Income: 13800
  • Attribution Contact: MAIN: 731-588-4100
  • Co List Office Phone: 731-588-4100
  • MLS Status: Sold
  • Architectural Style: One/Four
  • ResoBuildingAreaSource: Tax Record
  • Fireplace Features: None
  • Window Features: Standard No Storm
  • Sign YN: Yes
  • RealEstateOwnedYN: No
  • HeatedSquareFootage: 1653
  • WindowTreatments: Blinds All
  • TotalSquareFootage: 1843
  • Group: A
  • UtilitiesPaidBy: All By Tenant
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Stories: 1

Exterior Features

  • Roof: Comp/Asphalt
  • Construction Type: Vinyl Siding
  • Foundation Details: No Basement, Crawl Space

Utilities

  • Sewer: City Sewer
  • Cooling: Heat Pump
  • Heating: Central Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • HOA Rent Includes: None

Lot Info

  • Parcel Number: 047.00
  • LotLocation: In City Limits

Rental Info

  • Lease Term: 12 Months

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Map Number: 078G

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2024
Closed on
Jul 2, 2024
Sold by
Persinger Houston and Persinger Camille
Bought by
Stokes James
Seller's Agent
David Sudberry
TENNESSEE UNITED REAL ESTATE, LLC
Buyer's Agent
Christy Dane
TENNESSEE UNITED REAL ESTATE, LLC
List Price
$172,800
Sold Price
$164,000
Premium/Discount to List
-$8,800
-5.09%
Views
6
Current Estimated Value
$169,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,346
Avg. Annual Appreciation
7.54%

Purchase Details

Listed on
Nov 13, 2021
Closed on
Jan 20, 2022
Sold by
Cobb Martin Keith and Cobb Karen J
Bought by
Persinger Houston and Persinger Camille
Seller's Agent
Former Agent - MART
MARTIN REALTY
Buyer's Agent
David Sudberry
TENNESSEE UNITED REAL ESTATE, LLC
List Price
$129,900
Sold Price
$139,500
Premium/Discount to List
$9,600
7.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%
Original Mortgage
$228,800
Interest Rate
2.33%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 30, 1991
Bought by
Cobb Martin K and And Dennis M

Purchase Details

Closed on
Jun 29, 1990
Bought by
Cobb Martin Keith and Cobb Karen
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
Stokes James $164,000 None Listed On Document
Stokes James $164,000 None Listed On Document
Persinger Houston $286,000 None Available
Cobb Martin K $25,000 --
Cobb Martin Keith $43,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Persinger Houston $228,800
Previous Owner Martin Cobb $147,639
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2024 07/03/24 Sold $164,000 -5.1% $99 / Sq Ft
06/05/2024 06/05/24 For Sale $172,800 +23.9% $105 / Sq Ft
01/20/2022 01/20/22 Sold $139,500 +7.4% $84 / Sq Ft
11/13/2021 11/13/21 For Sale $129,900 -- $79 / Sq Ft
Source: Reelfoot Regional 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 -- $38,600 $5,000 $33,600
2023 $1,165 $38,600 $5,000 $33,600
2022 $1,057 $28,360 $2,400 $25,960
2021 $1,057 $28,360 $2,400 $25,960
2020 $1,057 $28,360 $2,400 $25,960
2019 $957 $28,360 $2,400 $25,960
2018 $957 $28,360 $2,400 $25,960
2017 $970 $26,720 $2,000 $24,720
2016 $970 $26,720 $0 $0
2015 $970 $26,707 $0 $0
2014 $970 $26,707 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Sudberry

    Seller's Agent in 2024

    David Sudberry

    RE/MAX

    (731) 819-0857

    50 Total Sales

    Section Image
  • Christy Dane

    Buyer's Agent in 2024

    Christy Dane

    RE/MAX

    (731) 571-7654

    119 Total Sales

    Section Image

  • F

    Seller's Agent in 2022

    Former Agent - MART

    MARTIN REALTY

See All Agents

Map

Source: Reelfoot Regional Association of REALTORS®

MLS Number: RRA44885

Reelfoot Regional Association of REALTORS®

APN: 078G-A-047.00

Tennessee Weakley County Martin 38237

116 Ivie Cir Unit 118, Martin, TN

This home is located at 116 Ivie Cir Unit 118, Martin, TN 38237 since 05 June 2024 and is currently estimated at $177,646, approximately $107 per square foot. This property was built in 1984. 116 Ivie Cir Unit 118 is a home located in Weakley County with nearby schools including Central Christian Academy and Unity Christian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Reelfoot Regional Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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