$310,000
SOLD JUL 24, 2025

120 Ponderosa Ln Martin, TN 38237

3 Beds
2 Baths
1,569 Sq Ft
6.4 Acres

Recently Sold

$198 Per Sq Ft

11% Below List Price

89 Days on Market

Highlights

  • Wooded Lot
  • Thermal Pane Windows
  • Lot Has A Rolling Slope
  • Wood Flooring
  • Brick or Stone Mason
  • 1-Story Property

About This Home

As of July 2025

This is a beautiful place w/approximately 6.4+- acres. It's like living in the country, but w/all City extras. House has had lots of updates throughout. Detached building is great for storage & get-together w/back room heated & cooled. Would make a great studio or hobby room. Acreage mowing has been no more than twice a year. Buyer is responsible for checking square footage and acreage. Listing agency is not responsible for inaccuracies.

Last Agent to Sell the Property

Shelia Bell

TENNESSEE UNITED REAL ESTATE, LLC Brokerage Phone: 731-588-4100 License #258892 Listed on: 03/30/2025

TENNESSEE UNITED REAL ESTATE, LLC

Last Buyer's Agent

NON AGENT

NON MEMBER

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 6.4 Acre Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Parking

  • 2 Car Garage

Home Design

  • Brick or Stone Mason
  • Slab Foundation

Interior Spaces

  • 1,569 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Thermal Pane Windows
  • Wood Flooring

Kitchen

  • Oven
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 001.00

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Exclusions: No
  • Year Built: 1965
  • Property Sub-Type: Single Family - > 5 Ac.
  • PropertyType: Residential
  • LotFeatures: Level, Rolling Property, Many Trees, Wooded
  • Lot Size Acres: 6.4
  • Road Surface Type: Paved
  • Attribution Contact: MAIN: 731-588-4100
  • Co List Office Phone: 731-588-4100
  • MLS Status: Sold
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Tax Record
  • Fireplace Features: One, Gas Log
  • Window Features: Thermal Pane
  • MasterBedroom: Main
  • Sign YN: No
  • RealEstateOwnedYN: No
  • HeatedSquareFootage: 1569
  • GarageTypeOutbuildings: Garage Attached,Garage Detached
  • TotalSquareFootage: 2112
  • Group: E
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Cooktop, Oven
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Hardwood
  • Stories: 1

Exterior Features

  • Roof: Asphalt
  • Construction Type: Brick
  • Foundation Details: No Basement, Slab-Crawl

Garage/Parking

  • Garage Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Central
  • Water Source: Public

Lot Info

  • Parcel Number: 001.00
  • LotLocation: In City Limits

Tax Info

  • Tax Map Number: 079A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2025
Closed on
Jul 24, 2025
Sold by
Morgan Peggy C
Bought by
Eidson Shawn and Eidson Allyson R
Seller's Agent
Shelia Bell
TENNESSEE UNITED REAL ESTATE, LLC
Buyer's Agent
NON AGENT
NON MEMBER
List Price
$349,900
Sold Price
$310,000
Premium/Discount to List
-$39,900
-11.4%
Views
120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-99.03%
Original Mortgage
$316,665
Outstanding Balance
$316,665
Interest Rate
6.84%
Mortgage Type
VA
Estimated Equity
-$112,400

Purchase Details

Closed on
Jun 2, 1995
Sold by
Morgan Gerald W
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $310,000 None Listed On Document
Warranty Deed $310,000 None Listed On Document
Deed $59,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $316,665 VA
Closed $316,665 VA
Previous Owner $388,427 Construction
Previous Owner $49,769 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 Sold $310,000 -4.6% $198 / Sq Ft
05/08/2025 05/08/25 Price Changed $324,900 -1.5% $207 / Sq Ft
04/10/2025 04/10/25 Price Changed $329,900 -5.7% $210 / Sq Ft
03/30/2025 03/30/25 For Sale $349,900 -- $223 / 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 -- $25,875 $7,200 $18,675
2023 $781 $25,875 $7,200 $18,675
2022 $706 $18,950 $4,325 $14,625
2021 $706 $18,950 $4,325 $14,625
2020 $706 $18,950 $4,325 $14,625
2019 $640 $18,950 $4,325 $14,625
2018 $640 $18,950 $4,325 $14,625
2017 $679 $18,700 $4,000 $14,700
2016 $679 $18,700 $0 $0
2015 $679 $18,697 $0 $0
2014 $679 $18,697 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Reelfoot Regional Association of REALTORS®

MLS Number: RRA45481

Reelfoot Regional Association of REALTORS®

APN: 079A-E-001.00