NOT LISTED FOR SALE

1231 Old Highway 58 Unit 1231 Georgetown, TN 37336

Estimated Value: $489,978 - $678,000

2 Beds
2 Baths
1,316 Sq Ft
$429/Sq Ft Est. Value

Last Sold February 17, 2023

Last sale price $449,900 $342 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,047/month

23 Days on Market

Highlights

  • Water Views
  • Stables
  • 15.64 Acre Lot
  • Barn
  • Home fronts a creek
  • Wooded Lot

About This Home

As of February 2023

This beautiful 15.64 +/- acre estate property checks all the boxes for private country living, and convenient proximity to town. This home captures your attention as you enter the front door with it's new flooring, paint, appliances, and so much more. If you want a move-in ready home with a creek, pond and barn then this is the home for you. Completely fenced and ready for your animals! This property offers an additional building site with septic tank, water and electric in place. Don't miss out on the endless opportunities this property has to offer! Schedule a showing today!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $949

Year Built

  • Built in 1994

Lot Details

  • 15.64 Acre Lot
  • Home fronts a creek
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Brick Exterior Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,316 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Water Views
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Porch

Schools

  • Meigs South Elementary School
  • Meigs Middle School
  • Meigs County High School

Utilities

  • Cooling Available
  • Heating Available
  • Septic Tank

Additional Features

  • Barn
  • Stables

Community Details

  • No Home Owners Association
  • None Subdivision

Listing and Financial Details

  • Assessor Parcel Number 085 03400 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$949

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1994
  • Unit Levels: Three Or More
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s)
  • Appliances: Oven, Electric Range, Refrigerator
  • Fireplace: No
  • Flooring: Other
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Building Area Units: Square Feet
  • Living Area: 1316
  • Living Area Units: Square Feet

Exterior Features

  • Exterior Features: Barn(s), Stable
  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Patio, Porch
  • Pool Private: No
  • Roof: Metal
  • View: Water
  • View: Yes
  • Waterfront Features: Creek
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Gravel
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Wooded, Level
  • Lot Size Acres: 15.64
  • Lot Size: 15.64 +/- acres
  • Lot Size Units: Acres
  • Parcel #: 085 03400 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 949

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2022
Closed on
Feb 17, 2023
Sold by
Goforth Properties & Development Llc
Bought by
Williams Simmons John and Lynn Simmons Heather
List Price
$590,000
Sold Price
$449,900
Premium/Discount to List
-$140,100
-23.75%
Current Estimated Value
$563,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,095
Avg. Annual Appreciation
9.08%
Original Mortgage
$359,920
Outstanding Balance
$342,670
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$221,325

Purchase Details

Closed on
Aug 3, 2022
Sold by
Charlotte Akins
Bought by
Goforth Properties & Development Llc

Purchase Details

Closed on
Jul 26, 2022
Sold by
Renee Goforth Tammy
Bought by
Akins Charlotte

Purchase Details

Closed on
Oct 22, 2001

Purchase Details

Closed on
Mar 10, 1990

Purchase Details

Closed on
May 5, 1983
Bought by
Bell Tolbert L

Purchase Details

Closed on
May 27, 1975
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
Williams Simmons John $449,900 --
Goforth Properties & Development Llc $78,791 Henry Travis D
Goforth Properties & Development Llc $78,791 Henry Travis D
Goforth Properties & Development Llc $78,791 Henry Travis D
Akins Charlotte -- None Listed On Document
Akins Charlotte -- None Listed On Document
-- $103,400 --
-- $103,400 --
-- $71,300 --
Bell Tolbert L -- --
Bell Tolbert L -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Simmons John $359,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2023 02/17/23 Sold $449,900 -23.7% $342 / Sq Ft
01/21/2023 01/21/23 Pending -- -- --
12/29/2022 12/29/22 For Sale $590,000 -- $448 / Sq Ft
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 $689 $40,825 $5,325 $35,500
2023 $689 $40,825 $5,325 $35,500
2022 $949 $56,200 $6,600 $49,600
2021 $949 $56,200 $6,600 $49,600
2020 $952 $56,200 $6,600 $49,600
2019 $952 $48,025 $5,600 $42,425
2018 $952 $48,025 $5,600 $42,425
2017 $762 $46,850 $4,425 $42,425
2016 $549 $27,725 $4,425 $23,300
2015 $519 $27,725 $4,425 $23,300
2014 -- $27,100 $5,325 $21,775
Source: Public Records

Map

Source: Realtracs

MLS Number: 2520104

Realtracs

APN: 085-034.00