NOT LISTED FOR SALE

121 Rayl Hollow Rd Decatur, TN 37322

Estimated Value: $380,000 - $454,000

15.59 Acres
$27,264 Price per Acre
679,100 Sq Ft Lot

Last Sold October 16, 2020

Last sale price $76,500

Est. 456% increase in value since last sale

Current estimated payment $2,381/month

358 Days on Market

Highlights

  • Wooded Lot
  • Lot Has A Rolling Slope
  • Equipment Barn
  • No HOA

About This Lot

As of October 2020

Power, Septic, Well Water on 15.59 wooded acres. Come build your dream home OR great property to hunt on.

Last Agent to Sell the Property

Dianne Jarvis

East Tennessee Properties - Athens License #314786 Listed on: 09/02/2019

Last Buyer's Agent

A NON-MEMBER

--NON-MEMBER OFFICE-- License #308195

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $257

Lot Details

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

Schools

  • Meigs North Elementary School
  • Meigs County Middle School
  • Meigs County High School

Farming

  • Equipment Barn

Utilities

  • Well
  • Septic Tank
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 039 002.04

Community Details

Overview

  • No Home Owners Association

Recreation

  • Outbuilding

Property Details

Property Type

Land

Est. Annual Taxes

$257

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 15.59
  • Lot Size: 15.59
  • Subdivision Name: Not Applicable
  • Directions: Hwy 30W/North No Pone Valley Road - Turn right onto North No Pone Valley Road. Go approximately 4.7 miles to right on Rayl Hollow Road. Property on the left. SOP
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Wooded
  • Waterfront: No
  • Other Structures: Equipment Building, Outbuilding
  • Lot Features:Wooded: Yes
  • Lot Features:Rolling Slope: Yes

Utilities

  • Sewer: Septic Tank
  • Utilities: Water Available, Phone Available, Electricity Available, Electricity Connected
  • Water Source: Well
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Meigs North
  • High School: Meigs County
  • Middle Or Junior School: Meigs County

Lot Info

  • Current Use: See Remarks, Other, Recreational
  • Lot Size Sq Ft: 679100.4
  • Parcel #: 039 002.04
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 257.0
  • Tax Book Number: B5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2024
Sold by
Fleming Rhae
Bought by
Fleming Rhae and Baker Carrie
Current Estimated Value
$425,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Outstanding Balance
$512,000
Interest Rate
6.79%
Mortgage Type
VA
Estimated Equity
$136,000

Purchase Details

Listed on
Sep 2, 2019
Closed on
Oct 16, 2020
Sold by
Stephens Robert L
Bought by
Fleming Rhae
Seller's Agent
Dianne Jarvis
East Tennessee Properties - Athens
Buyer's Agent
A NON-MEMBER
--NON-MEMBER OFFICE--
List Price
$85,000
Sold Price
$76,500
Premium/Discount to List
-$8,500
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.07%
Original Mortgage
$65,025
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2008
Sold by
Gg Vii Investments Llc
Bought by
Stephens Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,625
Interest Rate
6.03%
Mortgage Type
Farmers Home Administration
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
Fleming Rhae -- None Listed On Document
Fleming Rhae -- None Listed On Document
Fleming Rhae $76,500 Tennessee Title Services Llc
Fleming Rhae $76,500 Tennessee Title Services Llc
Stephens Robert L $62,500 --
Stephens Robert L $62,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fleming Rhae $512,000
Previous Owner Fleming Rhae $422,000
Previous Owner Fleming Rhae $65,025
Previous Owner Stephens Robert L $43,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $76,500 -10.0% --
08/25/2020 08/25/20 Pending -- -- --
09/02/2019 09/02/19 For Sale $85,000 -- --
Source: River Counties 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 $829 $49,100 $17,175 $31,925
2023 $829 $14,700 $14,625 $75
2022 $248 $14,700 $14,625 $75
2021 $248 $14,700 $14,625 $75
2020 $257 $14,700 $14,625 $75
2019 $257 $12,950 $12,875 $75
2018 $257 $12,950 $12,875 $75
2017 $257 $12,950 $12,875 $75
2016 $257 $12,950 $12,875 $75
2015 $243 $12,950 $12,875 $75
2014 $275 $14,675 $14,675 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Dianne Jarvis

    East Tennessee Properties - Athens

    (423) 506-7819

    7 Total Sales

    Dianne Jarvis
    Section Image

  • A

    Buyer's Agent in 2020

    A NON-MEMBER

    --NON-MEMBER OFFICE--

See All Agents

Map

Source: River Counties Association of REALTORS®

MLS Number: 20195186

River Counties Association of REALTORS®

APN: 039-002.04

Tennessee Meigs County Decatur 37322

121 Rayl Hollow Rd, Decatur, TN

This home is located at 121 Rayl Hollow Rd, Decatur, TN 37322 since 02 September 2019 and is currently estimated at $425,038. 121 Rayl Hollow Rd is a home located in Meigs County with nearby schools including Meigs County High 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.

River Counties 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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