NOT LISTED FOR SALE

1337 Ovoca Lake Rd Tullahoma, TN 37388

Estimated Value: $98,000

2.92 Acres
$33,562 Price per Acre
127,195 Sq Ft Lot

Last Sold May 28, 2024

Last sale price $140,000

Est. 30% decrease in value since last sale

Current estimated payment $786/month

29 Days on Market

Highlights

  • No HOA
  • Level Lot
  • No Heating
  • Paved or Partially Paved Lot

About This Lot

As of May 2024

Beautiful level to slightly rolling tract near Tullahoma, Manchester, Murfreesboro and Normandy Lake. Restrictions: no dog kennels, no chicken houses, no swine, no commercial livestock operations, no single or double wide mobile homes, no junk yards, minimum of 1600 sq ft of living area. Close to local shopping, restaurants, George Dickel, Tullahoma airport, and Vanderbilt Tullahoma hospital. 25 minutes to Tims Ford Lake and Jack Daniel's Distillery. Several golf courses within 30 minutes. Additional $11 per month surcharge fee on water bill. Possible owner financing available.

Last Agent to Sell the Property

Joe Orr

WEICHERT, REALTORS Joe Orr & Associates Brokerage Phone: 9312475056 License #15385 Listed on: 03/19/2024

WEICHERT, REALTORS Joe Orr & Associates

Last Buyer's Agent

Susan Baker

BHGRE Baker & Cole License #254197

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,913

Lot Details

  • 2.92 Acre Lot
  • Property fronts a county road
  • Paved or Partially Paved Lot
  • Level Lot
  • Property is zoned RS1

Schools

  • Hickerson Elementary School
  • Coffee County Middle School
  • Coffee County Central High School

Community Details

  • No Home Owners Association
  • Marcum, Ovoca Lake Rd Subdivision

Listing and Financial Details

  • Tax Lot Lot 3

Property Details

Property Type

Land

Est. Annual Taxes

$2,913

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Inclusions: LAND
  • ResoPropertyType: Land
  • Attribution Contact: 9312475056
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

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

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling Y N: No
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: RS1
  • Current Use: Residential
  • Lot Features: Level, Rolling Slope
  • Lot Size Acres: 2.92
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: Lot 3

MLS Schools

  • Elementary School: Hickerson Elementary
  • High School: Coffee County Central High School
  • Middle Or Junior School: Coffee County Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2025
Sold by
Marcum Venture Partners Iii
Bought by
Gh Custom Homes Llc
Current Estimated Value
$98,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.91%

Purchase Details

Listed on
Mar 19, 2024
Closed on
May 28, 2024
Sold by
Marcum Venture Partners Ii Lp and Marcum Venture Partners Iii
Bought by
Holder James Gregory
Seller's Agent
Joe Orr
WEICHERT, REALTORS Joe Orr & Associates
Buyer's Agent
Susan Baker
BHGRE Baker & Cole
List Price
$99,900
Sold Price
$95,000
Premium/Discount to List
-$4,900
-4.9%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.53%
Original Mortgage
$105,000
Interest Rate
6.88%

Purchase Details

Listed on
Mar 19, 2024
Closed on
May 24, 2024
Sold by
Marcum Venture Partners Ii Lp and Marcum Venture Partners Iii
Bought by
Sneed John Mark and Sneed Tina E
Seller's Agent
Joe Orr
WEICHERT, REALTORS Joe Orr & Associates
Buyer's Agent
Susan Baker
BHGRE Baker & Cole
List Price
$99,900
Sold Price
$95,000
Premium/Discount to List
-$4,900
-4.9%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.88%

Purchase Details

Listed on
Mar 19, 2024
Closed on
May 21, 2024
Sold by
Marcum Venture Partners Ii Lp and Marcum Venture Partners Iii
Bought by
Holder James Gregory
Seller's Agent
Joe Orr
WEICHERT, REALTORS Joe Orr & Associates
Buyer's Agent
Susan Baker
BHGRE Baker & Cole
List Price
$99,900
Sold Price
$95,000
Premium/Discount to List
-$4,900
-4.9%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.88%

Purchase Details

Closed on
Feb 27, 2017
Sold by
Marcum Venture Partners Ii
Bought by
Marcum Ventures Partners Iii

Purchase Details

Closed on
May 28, 2009
Sold by
Marcum Venture Partners Ii
Bought by
Ovoca Development Co Llc

Purchase Details

Closed on
Mar 13, 2002
Sold by
Marcum Venture Partners I
Bought by
Marcum Venture Partners Ii

Purchase Details

Closed on
May 18, 1988
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
Gh Custom Homes Llc $180,000 None Listed On Document
Gh Custom Homes Llc $90,000 None Listed On Document
Gh Custom Homes Llc $90,000 None Listed On Document
Gh Custom Homes Llc $90,000 None Listed On Document
Gh Custom Homes Llc $90,000 None Listed On Document
Holder James Gregory $285,000 None Listed On Document
Sneed John Mark $99,900 None Listed On Document
Holder James Gregory $140,000 None Listed On Document
Marcum Ventures Partners Iii -- --
Ovoca Development Co Llc $275,000 --
Marcum Venture Partners Ii -- --
-- $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gh Custom Homes Llc $144,000
Open Gh Custom Homes Llc $510,780
Previous Owner Holder James Gregory $460,000
Previous Owner Holder James Gregory $105,000
Previous Owner Sneed John Mark $79,920
Previous Owner Holder James Gregory $213,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2024 05/28/24 Sold $140,000 +47.4% --
05/28/2024 05/28/24 Sold $95,000 0.0% --
05/28/2024 05/28/24 Sold $95,000 0.0% --
05/28/2024 05/28/24 Sold $95,000 -4.9% --
05/24/2024 05/24/24 Sold $99,900 0.0% --
04/17/2024 04/17/24 Pending -- -- --
04/17/2024 04/17/24 Pending -- -- --
04/17/2024 04/17/24 Pending -- -- --
04/17/2024 04/17/24 Pending -- -- --
04/13/2024 04/13/24 Pending -- -- --
03/19/2024 03/19/24 For Sale $99,900 -33.4% --
03/19/2024 03/19/24 For Sale $149,900 +50.1% --
03/19/2024 03/19/24 For Sale $99,900 0.0% --
03/19/2024 03/19/24 For Sale $99,900 0.0% --
03/19/2024 03/19/24 For Sale $99,900 -- --
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 $2,913 $124,975 $97,600 $27,375
2023 $2,913 $124,975 $0 $0
2022 $2,231 $95,725 $95,325 $400
2021 $2,243 $76,500 $76,125 $375
2020 $2,243 $76,500 $76,125 $375
2019 $2,243 $76,500 $76,125 $375
2018 $2,243 $76,500 $76,125 $375
2017 $2,470 $75,700 $75,400 $300
2016 $2,470 $75,700 $75,400 $300
2015 $2,470 $75,700 $75,400 $300
2014 $2,470 $75,703 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2632725

Realtracs

APN: 106-006.00