NOT LISTED FOR SALE

131 Mortons Lake Rd Manchester, TN 37355

Estimated Value: $382,000 - $459,000

4 Beds
2.5 Baths
2,431 Sq Ft
$175/Sq Ft Est. Value

Last Sold February 02, 2012

Last sale price $150,000 $62 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $2,449/month

Highlights

  • Deck
  • Wood Flooring
  • Community Pool
  • Contemporary Architecture
  • 1 Fireplace
  • Walk-In Closet

About This Home

As of February 2012

Great 4 BR brick home near Old Stone Ft, with new carpet, paint, appliances, fp, Florida room, open floor plan, play room with built in play set, deck and patio, sitting on 1 1/2 lots, 2 1/2 baths, built in desk, lots of tile and wood, play set in back

Last Agent to Sell the Property

Steve Jernigan

Steve Jernigan Realty License #286763 Listed on: 07/30/2011

Last Buyer's Agent

Bobbie Myers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,108

Year Built

  • Built in 1998

Lot Details

  • 0.53 Acre Lot

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,431 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • 1 Fireplace
  • Interior Storage Closet
  • Crawl Space

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Walk-In Closet

Outdoor Features

  • Deck
  • Patio

Schools

  • Manchester City Schools Elem. Elementary School
  • Westwood Jr High Middle School
  • Coffee Co Central High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number 016068L B 01800 00001068M

Community Details

Overview

  • Mortons Lake Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,108

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Contemporary
  • Year Built: 1998
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Appraiser
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), Extra Closets, Walk-In Closet(s)
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Finished Wood, Tile
  • Total Bedrooms: 4
  • Main Level Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 2431
  • Building Area Units: Square Feet
  • Living Area: 2431
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Available, Water Available, Sewer Available

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time
  • Amenities: Pool
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.53
  • Lot Size: 152.8X151.29 IRR
  • Lot Size Units: Acres
  • Parcel #: 016068L B 01800 00001068M
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2108
  • Tax Lot: 34

MLS Schools

  • Elementary School: Manchester City Schools Elem.
  • High School: Coffee Co Central High School
  • Middle Or Junior School: Westwood Jr High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2011
Closed on
Feb 13, 2012
Sold by
Bristol Connie
Bought by
Pressley Billy and Bristol Lynn
Seller's Agent
Steve Jernigan
Steve Jernigan Realty
Buyer's Agent
Bobbie Myers
List Price
$39,900
Sold Price
$150,000
Premium/Discount to List
$110,100
275.94%
Current Estimated Value
$425,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,529
Avg. Annual Appreciation
7.84%
Original Mortgage
$146,197
Outstanding Balance
$100,064
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$325,465

Purchase Details

Listed on
Jul 30, 2011
Closed on
Feb 2, 2012
Sold by
Pressley Amanda
Bought by
Bristol Connie
Seller's Agent
Steve Jernigan
Steve Jernigan Realty
Buyer's Agent
Bobbie Myers
List Price
$39,900
Sold Price
$150,000
Premium/Discount to List
$110,100
275.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,197
Outstanding Balance
$100,064
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$325,465

Purchase Details

Listed on
Jul 30, 2011
Closed on
Jan 23, 2012
Sold by
Pressley Billy
Bought by
Pressley Amanda
Seller's Agent
Steve Jernigan
Steve Jernigan Realty
Buyer's Agent
Bobbie Myers
List Price
$39,900
Sold Price
$150,000
Premium/Discount to List
$110,100
275.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,197
Outstanding Balance
$100,064
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$325,465

Purchase Details

Closed on
Sep 18, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Pressley Billy

Purchase Details

Closed on
Jun 18, 2010
Sold by
Lacy Jeffrey
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Feb 8, 2007
Sold by
Rayfield Stacy Gaylynn
Bought by
Lacy Jeffrey
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Pressley Billy -- --
Bristol Connie $150,000 --
Pressley Amanda -- --
Pressley Billy $125,100 --
Federal Home Loan Mortgage Corporation $140,876 --
Lacy Jeffrey $185,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bristol Connie $146,197
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2014 03/06/14 Off Market $150,000 -- --
10/23/2013 10/23/13 For Sale $39,900 -73.4% $16 / Sq Ft
02/02/2012 02/02/12 Sold $150,000 -- $62 / 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 $2,470 $58,575 $6,500 $52,075
2023 $2,470 $58,575 $0 $0
2022 $2,127 $58,575 $6,500 $52,075
2021 $2,042 $44,600 $5,000 $39,600
2020 $2,042 $44,600 $5,000 $39,600
2019 $2,042 $44,600 $5,000 $39,600
2018 $2,042 $44,600 $5,000 $39,600
2017 $2,123 $40,475 $5,000 $35,475
2016 $2,123 $40,475 $5,000 $35,475
2015 $2,123 $40,475 $5,000 $35,475
2014 $2,123 $40,469 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1295000

Realtracs

APN: 068L-B-018.00