NOT LISTED FOR SALE

120 Norene Rd Sparta, TN 38583

Estimated Value: $151,000 - $174,000

3 Beds
1 Bath
930 Sq Ft
$174/Sq Ft Est. Value

Last Sold October 11, 2024

Last sale price $149,900 $161 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $883/month

About This Home

As of October 2024

Are you a DIY enthusiast or an investor looking for your next project? This cozy 3-bedroom, 1-bathroom home is the perfect opportunity for you! Located in a quiet, established neighborhood, this property offers incredible potential to create the home of your dreams or a profitable investment. Prime Location: Close to schools, parks, shopping, and dining. Investment Potential: With a little TLC, this home could be a fantastic rental property or a great flip. Sold AS IS: The property is being sold in its current condition. Don't miss out on this great opportunity! Whether you're a first-time buyer ready to roll up your sleeves, or a seasoned investor, this home is a must-see.

Last Agent to Sell the Property

Kathryn Moore

Crye-Leike Brown Realty Elite Brokerage Phone: 9318377653 License #365766 Listed on: 08/11/2024

Crye-Leike Brown Realty Elite

Last Buyer's Agent

Kathryn Moore

Crye-Leike Brown Realty Elite Brokerage Phone: 9318377653 License #365766 Listed on: 08/11/2024

Crye-Leike Brown Realty Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $384

Year Built

  • Built in 1971

Lot Details

  • 0.34

Parking

  • 1 Parking Space

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 930 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 0.34 Acre Lot
  • Septic Tank

Community Details

  • No Home Owners Association
  • Trent Subdivision

Listing and Financial Details

  • Assessor Parcel Number 001.00
  • $16,252 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$384

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Attribution Contact: 9318377653
  • Directions: North on 111 - left on County House Road - right on John Henry Demps Road - left on Norene Road
  • Unit Levels: One
  • Prop. Type: Residential
  • Year Built: 1971
  • Property Sub Type: Site Built
  • Lot Size Acres: 0.34
  • Lot Size: Irr
  • Subdivision Name: Trent
  • Carport Y N: No
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 930

Exterior Features

  • Roof: Metal
  • Construction Type: Frame

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 1

Utilities

  • Electric: Caney Fork Electric
  • Sewer: Septic Tank
  • Gas Company: Middle Tennessee Gas
  • Water Source: City of Sparta

Condo/Co-op/Association

  • Association: No

Lot Info

  • Farm Land Area Units: Square Feet
  • Parcel #: 001.00
  • Irrigation Water Rights: No

Tax Info

  • Tax Annual Amount: 384.38
  • Tax Map Number: 080L

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2024
Closed on
Oct 15, 2024
Sold by
Losito Michael
Bought by
Cobo Jeremy Rikko and Cobo Gianna Mia
Seller's Agent
Kathryn Moore
Crye-Leike Brown Realty Elite
Buyer's Agent
Kathryn Moore
Crye-Leike Brown Realty Elite
List Price
$149,900
Sold Price
$149,900
Views
48
Current Estimated Value
$161,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,071
Avg. Annual Appreciation
6.67%
Original Mortgage
$147,184
Outstanding Balance
$145,254
Interest Rate
6.09%
Mortgage Type
FHA
Estimated Equity
$16,717

Purchase Details

Closed on
Mar 29, 1995
Sold by
Tollison Vickie L
Bought by
Michael Lester and Michael Vicki Tollison

Purchase Details

Closed on
Jul 22, 1993
Bought by
Tollison Vickie L

Purchase Details

Closed on
Feb 9, 1983
Bought by
Summers Howard and Summers Kyle

Purchase Details

Closed on
Jan 1, 1979
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cobo Jeremy Rikko $149,900 None Listed On Document
Michael Lester $43,000 --
Tollison Vickie L $40,000 --
Summers Howard -- --
-- $26,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cobo Jeremy Rikko $147,184
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2024 10/11/24 Sold $149,900 0.0% $161 / Sq Ft
08/11/2024 08/11/24 Pending -- -- --
08/11/2024 08/11/24 For Sale $149,900 -- $161 / Sq Ft
Source: Upper Cumberland 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
2025 $384 $41,050 $0 $0
2024 $384 $18,750 $2,500 $16,250
2023 $384 $18,750 $2,500 $16,250
2022 $384 $18,750 $2,500 $16,250
2021 $384 $18,750 $2,500 $16,250
2020 $384 $18,750 $2,500 $16,250
2019 $305 $14,900 $1,750 $13,150
2018 $305 $14,900 $1,750 $13,150
2017 $305 $14,900 $1,750 $13,150
2016 $305 $14,900 $1,750 $13,150
2015 $276 $14,900 $1,750 $13,150
2014 -- $14,900 $1,750 $13,150
2013 -- $15,350 $1,750 $13,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Cumberland Association of REALTORS®

MLS Number: 229219

Upper Cumberland Association of REALTORS®

APN: 080L-A-001.00