NOT LISTED FOR SALE

1341 Poorhouse Ln Lexington, TN 38351

Estimated Value: $180,000 - $248,000

3 Beds
2 Baths
1,612 Sq Ft
$135/Sq Ft Est. Value

Last Sold October 13, 2023

Last sale price $125,000 $78 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,249/month

58 Days on Market

About This Home

As of October 2023

Ranch style beauty on over 1 acre! Great opportunity to live rural with plenty of space. Home has a metal roof. 1612 sf of living area. REO Occupied – NO ACCESS OR VIEWINGS of this property. Please DO NOT DISTURB the occupant. Property is lender-owned, is being sold “AS-IS” and seller makes no representations or warranties. Buyer will be responsible for obtaining possession of the property upon closing.

Last Agent to Sell the Property

Todd Clouser

RE/MAX Realty Source License #289961 Listed on: 07/11/2023

RE/MAX Realty Source

Last Buyer's Agent

Todd Clouser

RE/MAX Realty Source License #289961 Listed on: 07/11/2023

RE/MAX Realty Source

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $750

Year Built

  • Built in 2006

Lot Details

  • 1.23

Parking

  • 2 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,612 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 1.23 Acre Lot
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 013.07

Property Details

Property Type

Other

Est. Annual Taxes

$750

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Age: 17
  • Class: RESIDENTIAL
  • Type: Auction
  • Year Built: 2006
  • New Construction: No
  • Resort: No
  • Subtype: None
  • Special Features: 1092
  • Property Sub Type: Other
  • Stories: 0

Interior Features

  • Number Of Stories: 1
  • Estimated Heated Sq Ft: 1612
  • Estimated Unheated Sq Ft: 420
  • Bedroom 2 Level: M
  • Bedroom 2 Size: 12x11
  • Bedroom 3 Level: M
  • Bedroom 3 Size: 10x9
  • In Law Quarters: No
  • Kitchen Level: M
  • Kitchen Size: 14x16
  • Master Bedroom Level: Main
  • Master Bedroom Level2: M
  • Master Bedroom Size: 16x14
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Price Per Sq Ft: 84.37

Exterior Features

  • Construction: Vinyl Siding
  • Waterfront: No
  • Water View: No
  • On Golf Course: No

Garage/Parking

  • Car Storage: 2

Utilities

  • Air Units: 1
  • Water Heater Units: 1

Association/Amenities

  • Gated Community: No

Lot Info

  • Geo Update Timestamp: 7/11/2023 9:53:54 PM
  • Geo Address Line: 968 Poorhouse Rd
  • Geo Primary City: Lexington
  • Geo Quality: 0.95
  • Geo Subdivision: TN
  • Geo Zoom Level: 16
  • Lot Size: 1.23
  • Map Number: 101
  • Number Of Acres: 1.23
  • Parcel Number: 013.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2023
Closed on
Sep 26, 2023
Sold by
Us Bank National Association
Bought by
Chamberlain Jonathan
Seller's Agent
Todd Clouser
RE/MAX Realty Source
Buyer's Agent
Todd Clouser
RE/MAX Realty Source
List Price
$159,000
Sold Price
$125,000
Premium/Discount to List
-$34,000
-21.38%
Views
202
Current Estimated Value
$217,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,788
Avg. Annual Appreciation
35.00%
Original Mortgage
$136,363
Outstanding Balance
$133,957
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$83,831

Purchase Details

Closed on
Jun 6, 2022
Sold by
Denmon Steven M
Bought by
Northwest Tennessee Property General Partners

Purchase Details

Closed on
Dec 28, 2005
Sold by
Donald Britt
Bought by
Jacqueline Moody

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,700
Interest Rate
9.35%
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
Chamberlain Jonathan $125,000 None Listed On Document
Northwest Tennessee Property General Partners $146,000 --
Jacqueline Moody $113,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chamberlain Jonathan $136,363
Closed Chamberlain Jonathan $136,363
Previous Owner Wallace Ricky L $122,550
Previous Owner Ricky Wallace $101,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2023 10/13/23 Sold $125,000 -8.1% $78 / Sq Ft
09/07/2023 09/07/23 Pending -- -- --
07/28/2023 07/28/23 Price Changed $136,000 -14.5% $84 / Sq Ft
07/11/2023 07/11/23 For Sale $159,000 -- $99 / Sq Ft
Source: Central West Tennessee Association of REALTORS®

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 $750 $47,425 $3,250 $44,175
2023 $750 $47,425 $3,250 $44,175
2022 $727 $30,700 $1,500 $29,200
2021 $727 $30,700 $1,500 $29,200
2020 $697 $30,700 $1,500 $29,200
2019 $697 $29,375 $1,500 $27,875
2018 $680 $29,775 $1,500 $28,275
2017 $680 $29,775 $1,500 $28,275
2016 $729 $30,700 $1,525 $29,175
2015 $729 $30,700 $1,525 $29,175
2014 $682 $28,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central West Tennessee Association of REALTORS®

MLS Number: 232727

Central West Tennessee Association of REALTORS®

APN: 101-013.07