NOT LISTED FOR SALE

1242 N Morgan Creek Rd Sugar Tree, TN 38380

Estimated Value: $431,000

593.8 Acres
$726 Price per Acre
25,865,930 Sq Ft Lot

Last Sold March 31, 2020

Last sale price $1,075,000

Current estimated payment $2,377/month

1,793 Days on Market

Highlights

  • Home fronts a creek
  • Partially Wooded Lot
  • Cross Fenced
  • 593.8 Acre Lot
  • Central Air
  • Gentle Sloping Lot

About This Lot

As of March 2020

MOTIVATED SELLER! RARE FIND 593.8 ACRE FARM M/L LOCATED CLOSE TO I40 AND TN RIVER. THIS FARM HAS IT ALL, FENCED & CROSSEDFENCE. APPROX 100 ACRES CROPLAND, APPROX 100 ACRES PASTURE, APPROX 393.8 ACRES WOODED, 3 PONDS THAT ARE SPRING FED, CREEK RUNS THRU PROPERTY W/YEAR ROUND WATER, CROP LAND CURRENTLY BEING LEASED FOR APPROX $8,000 PER YEAR ANNUAL CROP RENT, LOTS OF GOREGOUS BUILDING SPOTS, 10X20 TRACTOR SHED, 50X70 EQUIPMENT SHED IDEA FOR AIRPLANE HANGER, WILDLIFE IS PLENTIFUL WITH DEER, TURKEY & OTHER WILDLIFE. SEVERAL FIELDS LONG ENOUGH FOR PRIVATE AIRSTRIP, OM4, OM6 & PVE AIRPORTS ARE NEARBY FOR REFUELING. NEW SURVEY FOR PARCEL 6 SHOWS 327.9.

Last Agent to Sell the Property

Ann Jordan

Landmark Realty and Auction Brokerage Phone: 7315847777 License #297725 Listed on: 04/03/2015

Last Buyer's Agent

Non-TVAR Agent

Non-TVAR Agency

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,569

Lot Details

  • 593.8 Acre Lot
  • Home fronts a creek
  • Home fronts a pond
  • Cross Fenced
  • Partially Fenced Property
  • Wire Fence
  • Gentle Sloping Lot
  • Partially Wooded Lot

Schools

  • Holladay Elementary And Middle School
  • Holladay Schools High School

Utilities

  • Central Air
  • Natural Gas Not Available
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 6, 7 & 11

Property Details

Property Type

Land

Est. Annual Taxes

$2,569

Lot Details

0

Listing Details

  • Property Sub Type: Farm
  • Prop. Type: Land
  • Road Surface Type: Paved
  • Co List Office Mls Id: 134
  • Co List Office Phone: 731-584-7777
  • Subdivision Name: None
  • Master Plan Zoning: F
  • Attribution Contact: 7315847777
  • Special Features: None

Interior Features

  • Possible Use: Residential, Farm

Exterior Features

  • Fencing: Wire, Cross Fenced, Partial
  • Acres: 593.8
  • Topography: Gently Rolling
  • Waterfront Features: Creek, Pond, Spring, W/I 1 mile

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Propane
  • HeatingYN: Yes
  • Electricity On Property: Yes
  • Utilities: Electricity Available, Utilities Available, Natural Gas Not Available
  • Water Source: City Water

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Holladay Schools
  • Middle Or Junior School: Holladay

Lot Info

  • Current Use: Vacant, Other
  • Development Status: Established
  • Lot Dimensions: 593.8
  • Lot Size Sq Ft: 25865928
  • ResoLotSizeUnits: Acres
  • Parcel #: 6, 7 & 11
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2569.46
  • Tax Book Number: 216
  • Tax Map Number: 140

MLS Schools

  • Elementary School: Holladay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2023
Sold by
Spence Howard Steven
Bought by
Spence Living Trust
Current Estimated Value
$431,000

Purchase Details

Listed on
Apr 3, 2015
Closed on
Mar 31, 2020
Sold by
Keeton Judith and Thompson Sandra Riddle
Bought by
Spence Howard Steve and Spence Christine Marie
Seller's Agent
Ann Jordan
Landmark Realty and Auction
Buyer's Agent
Non-TVAR Agent
Non-TVAR Agency
List Price
$1,075,000
Sold Price
$1,075,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$863,600
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 27, 1994
Bought by
Ballinger Ronald and Ballinger Judith Keeton

Purchase Details

Closed on
Dec 8, 1986
Bought by
Ballinger Ballinger and Ballinger Ballinger

Purchase Details

Closed on
Apr 17, 1954
Bought by
Not Available
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
Spence Living Trust -- --
Spence Howard Steve $1,075,000 Tennessee Title Services Llc
Ballinger Ronald $37,900 --
Ballinger Ballinger -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spence Howard Steve $863,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2020 03/31/20 Sold $1,075,000 0.0% --
03/01/2020 03/01/20 Pending -- -- --
04/03/2015 04/03/15 For Sale $1,075,000 -- --
Source: Tennessee Valley 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 $1,206 $44,225 $44,225 $0
2023 $1,206 $44,225 $44,225 $0
2022 $1,206 $44,225 $44,225 $0
2021 $1,206 $44,225 $44,225 $0
2020 $1,336 $48,925 $44,225 $4,700
2019 $1,246 $42,250 $38,675 $3,575
2018 $1,246 $42,250 $38,675 $3,575
2017 $1,246 $42,250 $38,675 $3,575
2016 $1,246 $42,250 $38,675 $3,575
2015 $1,263 $42,250 $38,675 $3,575
2014 $1,020 $42,250 $38,675 $3,575
2013 $1,020 $34,692 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ann Jordan

    Seller's Agent in 2020

    Ann Jordan

    Landmark Realty and Auction

    (731) 441-0739

    187 Total Sales

    Ann Jordan
    Section Image

  • N

    Buyer's Agent in 2020

    Non-TVAR Agent

    Non-TVAR Agency

See All Agents

Map

Source: Tennessee Valley Association of REALTORS®

MLS Number: 113152

APN: 140-006.00

Tennessee Benton County Sugar Tree 38341

1242 N Morgan Creek Rd, Sugar Tree, TN

This home is located at 1242 N Morgan Creek Rd, Sugar Tree, TN 38380 since 03 April 2015 and is currently priced at $431,000. 1242 N Morgan Creek Rd is a home located in Benton County with nearby schools including Holladay Elementary School and Camden Central High School.

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