NOT LISTED FOR SALE

1340 Promise Land Rd Charlotte, TN 37036

Estimated Value: $732,000 - $852,379

3 Beds
3 Baths
2,825 Sq Ft
$282/Sq Ft Est. Value

Last Sold April 20, 2023

Last sale price $759,000 $269 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,586/month

37 Days on Market

Highlights

  • Barn
  • 14 Acre Lot
  • Traditional Architecture
  • Home fronts a pond
  • Deck
  • Wood Flooring

About This Home

As of April 2023

FULL BRICK HOME ON 14 ACRES+/-...BARN/DETACHED SHOP w/ Electricity, Air Compresor and Concrete floor...Full HUGE Unfinished Basement Garage/SHOP ...*Mother in Law Suite with private entrance, Currently Airb&B /Home Office off Garage*City Water & Artesian Well for Gardening* THIS HOME IS INCREDIBLE....Built Originally by a Builder for as his own personal home....All One Level Living....Full Brick...Florida Room...BASEMENT WILL HOLD 8 COLLECTOR CARS easily (HUGE)...Sellers are Downsizing* Pond may be Dry. NEW Roof & HVAC 2022. Three Concrete Driveways. House is fully remodeled. Oak hardwoodfloors throughout main living. Designated Home Office. Don't miss out on this great home!

Last Agent to Sell the Property

Patricia Santiago

Realty One Group Music City License # 331614 Listed on: 01/30/2023

Realty One Group Music City

Last Buyer's Agent

Stacey Basenese

Benchmark Realty, LLC License #353821

Benchmark Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,675

Year Built

  • Built in 1996

Lot Details

  • 14 Acre Lot
  • Home fronts a pond
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,825 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • 1 Fireplace
  • Separate Formal Living Room
  • Interior Storage Closet
  • Unfinished Basement

Kitchen

  • Grill
  • Microwave
  • Dishwasher
  • Trash Compactor

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Gas Grill

Schools

  • Charlotte Elementary School
  • Charlotte Middle School
  • Creek Wood High School

Farming

  • Barn

Utilities

  • Cooling Available
  • Central Heating
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 057 02700 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,675

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1996
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), Extra Closets, In-Law Floorplan, Storage, Walk-In Closet(s)
  • Appliances: Trash Compactor, Dishwasher, Grill, Microwave, Refrigerator
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Finished Wood, Tile
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 3
  • Has Basement: Unfinished
  • Above Grade Finished Sq Ft: 2825
  • Building Area Units: Square Feet
  • Living Area: 2825
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Barn(s), Garage Door Opener, Gas Grill
  • Construction Type: Brick, Vinyl Siding
  • Fencing: Back Yard
  • Patio And Porch Features: Covered Porch, Deck, Patio
  • Pool Private: No
  • View: No
  • Waterfront Features: Pond
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 3
  • Parking Features: Attached, Concrete
  • Total Parking Spaces: 5

Utilities

  • Sewer: Private Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 14
  • Lot Size Units: Acres
  • Parcel #: 057 02700 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2675

MLS Schools

  • Elementary School: Charlotte Elementary
  • High School: Creek Wood High School
  • Middle Or Junior School: Charlotte Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2023
Closed on
Apr 20, 2023
Sold by
Hamilton Shari Elaine and Borza Gino
Bought by
Thornsbury Robert and Thornsbury Courtney
Seller's Agent
Patricia Santiago
Realty One Group Music City
Buyer's Agent
Stacey Basenese
Benchmark Realty, LLC
List Price
$759,000
Sold Price
$759,000
Views
54
Current Estimated Value
$795,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,595
Avg. Annual Appreciation
1.52%
Original Mortgage
$459,000
Outstanding Balance
$449,289
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$336,923

Purchase Details

Listed on
Sep 8, 2016
Closed on
Dec 16, 2016
Sold by
Demontigny Jean P
Bought by
Borza Gino A and Hamilton Shari
Seller's Agent
Missy Chandler
Parker Peery Properties
Buyer's Agent
Tove Gunnarson
Berkshire Hathaway HomeServices Woodmont Realty
List Price
$342,200
Sold Price
$325,000
Premium/Discount to List
-$17,200
-5.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.29%
Original Mortgage
$276,250
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2005
Sold by
Primary Closing Corp
Bought by
Demontigny Jean

Purchase Details

Closed on
Dec 6, 2004
Sold by
C & C Investments Inc
Bought by
Groves Jennifer L

Purchase Details

Closed on
Dec 8, 2003
Sold by
Pace Gary N
Bought by
Ortegon Steven

Purchase Details

Closed on
Feb 23, 1995
Bought by
Pace Gary

Purchase Details

Closed on
Feb 22, 1995
Sold by
Pace Linda Patricia
Bought by
Pace Gary and Pace Linda

Purchase Details

Closed on
Mar 15, 1991
Bought by
Pace Linda Patricia

Purchase Details

Closed on
Jan 2, 1984
Bought by
Pace Gary N and Pace Linda
Source: Public Records

Range of Values:

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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
Thornsbury Robert $759,000 Chapman & Rosenthal Title
Borza Gino A $325,000 --
Demontigny Jean $260,000 --
Primary Closing Corp $259,600 --
Groves Jennifer L $86,500 --
Ortegon Steven $227,000 --
Pace Gary -- --
Pace Gary -- --
Pace Linda Patricia -- --
Pace Gary N $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thornsbury Robert $459,000
Previous Owner Borza Gino Anthony $116,000
Previous Owner Borza Gino Anthony $134,000
Previous Owner Borza Gino A $100,000
Previous Owner Borza Gino A $276,250
Previous Owner Steven Ortegon $266,024
Previous Owner Gary Pace $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2023 04/20/23 Sold $759,000 0.0% $269 / Sq Ft
03/09/2023 03/09/23 Pending -- -- --
02/08/2023 02/08/23 For Sale $759,000 0.0% $269 / Sq Ft
02/07/2023 02/07/23 Pending -- -- --
01/30/2023 01/30/23 For Sale $759,000 +133.5% $269 / Sq Ft
02/27/2019 02/27/19 Off Market $325,000 -- --
02/11/2019 02/11/19 For Sale $342,200 +5.3% $121 / Sq Ft
12/16/2016 12/16/16 Sold $325,000 -- $115 / 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 $3,010 $178,100 $38,500 $139,600
2023 $2,675 $113,850 $14,275 $99,575
2022 $2,675 $113,850 $14,275 $99,575
2021 $2,675 $113,850 $14,275 $99,575
2020 $2,675 $113,850 $14,275 $99,575
2019 $2,675 $113,850 $14,275 $99,575
2018 $2,288 $84,750 $7,725 $77,025
2017 $2,288 $84,750 $7,725 $77,025
2016 $2,288 $84,750 $7,725 $77,025
2015 $2,093 $72,175 $7,725 $64,450
2014 $2,093 $72,175 $7,725 $64,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2481161

Realtracs

APN: 057-027.00