NOT LISTED FOR SALE

1303 Brooks Bend Ln Gainesboro, TN 38562

Estimated Value: $645,177 - $1,021,000

61.7 Acres
$13,648 Price per Acre
2,687,652 Sq Ft Lot

Last Sold July 25, 2016

Last sale price $250,000 $55 Per Sq Ft

Est. 237% increase in value since last sale

Current estimated payment $4,859/month

Highlights

  • 61.7 Acre Lot
  • Paved or Partially Paved Lot
  • No Heating

About This Lot

As of July 2016

61.17 survey ac with one of the most breathtaking views of Cordell Hull Lake and the mountains with approx. 2100 ft of USA Eng Corp frontage on the lake. Approx 9 ac of open clear well-groomed pasture

Last Agent to Sell the Property

Debra Dodd

No 1 Quality Realty License # 275382 Listed on: 04/18/2016

Last Buyer's Agent

Debra Dodd

No 1 Quality Realty License # 275382 Listed on: 04/18/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $500

Lot Details

  • 61.7 Acre Lot
  • Property fronts a county road
  • Paved or Partially Paved Lot
  • Level Lot
  • Property is zoned Agricul

Schools

  • Gainesboro Elementary School
  • Jackson County Middle School
  • Jackson County High School

Listing and Financial Details

  • Assessor Parcel Number 071 02300 000

Property Details

Property Type

Land

Est. Annual Taxes

$500

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Inclusions: LAND
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Pool Private: No
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Topography: LEVEL
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Sewer: None
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: No

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time

Lot Info

  • Zoning: Agricul
  • Lot Size Acres: 61.7
  • Lot Size: 61.70
  • Lot Size Units: Acres
  • Parcel #: 071 02300 000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 500

MLS Schools

  • Elementary School: Gainesboro Elementary
  • High School: Jackson County High School
  • Middle Or Junior School: Jackson County Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2017
Sold by
Graham Garry and Graham Brenda
Bought by
Frye Patricia and Frye Donald L
Current Estimated Value
$842,059

Purchase Details

Listed on
Apr 18, 2016
Closed on
Jul 22, 2016
Sold by
Weissmann Brian P
Bought by
Seeman Jeffrey and Seeman Cynthia
Seller's Agent
Debra Dodd
No 1 Quality Realty
Buyer's Agent
Debra Dodd
No 1 Quality Realty
List Price
$525,000
Sold Price
$250,000
Premium/Discount to List
-$275,000
-52.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.81%

Purchase Details

Listed on
Jun 3, 2014
Closed on
Jul 14, 2015
Sold by
Hutson Blake R
Bought by
Frye Patricia A and Frye Donald L
Seller's Agent
Kevin Cummins
First Realty Co.
Buyer's Agent
Mike & April Walls
Benchmark Realty, LLC
List Price
$325,000
Sold Price
$388,000
Premium/Discount to List
$63,000
19.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-34.74%
Original Mortgage
$388,000
Interest Rate
4.04%
Mortgage Type
VA

Purchase Details

Closed on
Dec 13, 2013
Sold by
Garland Carol M
Bought by
Hutson Blake R and Garland Carol M Living Trust
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
Frye Patricia $15,000 None Available
Frye Patricia $15,000 None Available
Seeman Jeffrey $250,000 --
Frye Patricia A $388,000 --
Hutson Blake R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frye Patricia A $200,000
Previous Owner Frye Patricia A $388,000
Previous Owner Garland Roger D $267,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2019 01/07/19 Off Market $250,000 -- --
10/18/2018 10/18/18 Price Changed $499,500 -2.9% $110 / Sq Ft
10/08/2018 10/08/18 Price Changed $514,500 -2.0% $113 / Sq Ft
09/06/2018 09/06/18 For Sale $525,000 +35.3% $115 / Sq Ft
10/19/2017 10/19/17 Off Market $388,000 -- --
04/24/2017 04/24/17 For Sale $325,000 -16.2% $68 / Sq Ft
04/19/2017 04/19/17 Off Market $388,000 -- --
10/18/2016 10/18/16 For Sale $325,000 +30.0% $68 / Sq Ft
07/25/2016 07/25/16 Sold $250,000 -35.6% $55 / Sq Ft
07/14/2015 07/14/15 Sold $388,000 -- $82 / 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 $3,253 $127,550 $12,125 $115,425
2023 $3,253 $127,550 $12,125 $115,425
2022 $2,868 $127,550 $12,125 $115,425
2021 $2,868 $127,550 $12,125 $115,425
2020 $2,920 $127,550 $12,125 $115,425
2019 $2,920 $104,650 $10,250 $94,400
2018 $2,920 $104,650 $10,250 $94,400
2017 $2,847 $104,650 $10,250 $94,400
2016 $2,882 $103,200 $8,175 $95,025
2015 $2,941 $103,200 $8,175 $95,025
2014 $3,258 $114,325 $9,600 $104,725
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1721780

Realtracs

APN: 071-023.00