NOT LISTED FOR SALE

1324 Watson Rd Munford, TN 38058

Estimated Value: $360,000 - $394,454

5 Beds
3 Baths
2,400-2,599 Sq Ft
$145/Sq Ft Est. Value

Last Sold December 22, 2023

Last sale price $369,673 $142 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,039/month

24 Days on Market

Highlights

  • Updated Kitchen
  • 2 Acre Lot
  • Separate Formal Living Room
  • Munford Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Covered Patio or Porch

About This Home

As of December 2023

Here's something that doesn't happen every day....ASSUMABLE VA LOAN!! You read that right - Buy this house, and if you qualify, you can ASSUME THE VA LOAN (restrictions apply, so check with your lender.) Split-level 5 bedroom/3 full bath home on approximately 2 acres. County taxes ONLY! All kitchen appliances remain. Schedule your appointment TODAY to view this great home. Seller will pay $5000 toward buyer's closing costs (at closing) if under contract within 7 days! Hurry...!!

Last Agent to Sell the Property

Christine Christmas

Covington Realty & Auction LLC License #277979 Listed on: 10/24/2023

Co-Listed By

Buddy Christmas

Covington Realty & Auction LLC License #311020

Last Buyer's Agent

Dan Craddock

MidSouth Residential, LLC License #251451

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • 2 Acre Lot
  • Level Lot
  • Few Trees

Home Design

  • Split Level Home
  • Slab Foundation
  • Composition Shingle Roof
  • Stone Exterior Construction

Interior Spaces

  • 2,400-2,599 Sq Ft Home
  • 2,502 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Some Wood Windows
  • Window Treatments
  • Separate Formal Living Room
  • Breakfast Room
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Primary Bedroom located in the basement
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower

Finished Basement

  • Walk-Out Basement
  • Partial Basement

Home Security

  • Storm Doors
  • Termite Clearance

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Circular Driveway

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • See Deed. Subdivision

Listing and Financial Details

  • Assessor Parcel Number 127 127 04300

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

2 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Split Level
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: See deed.
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2502
  • Termite Contract: Yes
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Breakfast Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths
  • Additional Bedroom Bathroom Info: Primary Down, Luxury Primary Bath, Double Vanity Bath, Full Bath Down
  • Estimated Heated Sq Ft Range: 2400-2599
  • Bedroom 2 Description: Level 2, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 2, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 2, Smooth Ceiling, Carpet
  • Bedroom 5 Description: Level 2, Smooth Ceiling, Carpet
  • Bedrooms: 5
  • Bedrooms Down: 1
  • Floors/Ceilings: Part Carpet, Tile, Smooth Ceiling
  • Full Bathrooms: 3
  • Equipment: Range/Oven, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Updated/Renovated Kitchen, Separate Breakfast Room, Pantry, Island In Kitchen
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Pull Down Attic Stairs
  • Other Rooms: Laundry Room, Finished Basement
  • Primary Bathroom Description: Double Sinks, Separate Shower, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Basement, Walk-In Closet, Full Bath, Smooth Ceiling, Tile Floor

Exterior Features

  • Misc Exterior: Porch, Covered Patio
  • Exterior Windows: Wood/Composition, Stone, Storm Door(s)
  • Foundation: Slab, Partial Basement, Walk-Out Basement
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Circular Drive, Garage Door Opener(s), Front-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Electric
  • Water Sewer: Electric Water Heater, Public Water, Septic Tank

Lot Info

  • Lot Description: Some Trees, Level
  • Acreage: 2
  • Lot Size: 2.00

Tax Info

  • Assessor Parcel Number: 127 127 04300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2023
Closed on
Dec 22, 2023
Sold by
Lizzi Joseph J
Bought by
Nash Matthew R and Nash Cassie G
Seller's Agent
Christine Christmas
Covington Realty & Auction LLC
Buyer's Agent
Dan Craddock
MidSouth Residential, LLC
List Price
$385,000
Sold Price
$369,673
Premium/Discount to List
-$15,327
-3.98%
Views
124
Current Estimated Value
$378,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,441
Avg. Annual Appreciation
1.06%

Purchase Details

Closed on
Jun 14, 2021
Sold by
Downing Herbert Lee
Bought by
Lizzi Joseph J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Listed on
Jun 22, 2020
Closed on
Jul 23, 2020
Sold by
Carver Allison D
Bought by
Downing Herbert Lee
Seller's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
Buyer's Agent
Michelle Allen
Crye-Leike, Inc., REALTORS
List Price
$119,900
Sold Price
$103,500
Premium/Discount to List
-$16,400
-13.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.19%
Original Mortgage
$180,000
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 6, 2019
Sold by
Jackson Claude
Bought by
Carver Allison D

Purchase Details

Closed on
Oct 19, 1970
Bought by
Jackson Claude

Purchase Details

Closed on
Aug 7, 1965
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nash Matthew R $380,000 Closetrak Closing & Title Serv
Lizzi Joseph J $320,000 None Available
Downing Herbert Lee $103,500 None Available
Carver Allison D $97,000 --
Jackson Claude -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lizzi Joseph J $320,000
Previous Owner Downing Herbert Lee $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/22/2023 12/22/23 Sold $369,673 -4.0% $154 / Sq Ft
10/24/2023 10/24/23 For Sale $385,000 +272.0% $160 / Sq Ft
07/23/2020 07/23/20 Sold $103,500 -13.7% $47 / Sq Ft View Prior Sale
06/22/2020 06/22/20 For Sale $119,900 -- $55 / Sq Ft
Source: Memphis Area Association of REALTORS®

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
2025 $1,089 $71,550 $10,350 $61,200
2024 $1,089 $71,550 $10,350 $61,200
2023 $1,089 $71,550 $10,350 $61,200
2022 $1,022 $50,100 $7,600 $42,500
2021 $1,022 $50,100 $7,600 $42,500
2020 $1,022 $50,100 $7,600 $42,500
2019 $910 $37,600 $7,600 $30,000
2018 $910 $37,600 $7,600 $30,000
2017 $910 $37,600 $7,600 $30,000
2016 $910 $37,600 $7,600 $30,000
2015 $909 $37,600 $7,600 $30,000
2014 $909 $37,608 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10159419

Memphis Area Association of REALTORS®

APN: 127-043.00

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