NOT LISTED FOR SALE

140 Ralph Spivey Ln Gainesboro, TN 38562

Estimated Value: $120,268 - $418,000

3 Beds
1 Bath
1,032 Sq Ft
$211/Sq Ft Est. Value

Last Sold June 04, 2024

Last sale price $219,000 $212 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,192/month

Highlights

  • Barn
  • Home fronts a pond
  • No HOA
  • Horses Allowed On Property
  • Main Floor Bedroom
  • Fireplace

About This Home

As of June 2024

Away from the hustle and bustle this farm house is waiting for new owners! This home features 3 bedrooms and 1 bathroom with a basement with original woodwork throughout. The house has had several updates including a new water heater and plumbing, paint, flooring, and bathroom fixtures. The property includes a fantastic barn, pond, fruit trees, and a basement. The location is perfect for anything to a home business, farming, gardening, cabins, or a weekend getaway after a long week of work. Make this beautiful property your future home today!

Last Agent to Sell the Property

Donnita Hill

Exit Rocky Top Realty-CK Brokerage Phone: 9315264455 License #018217 Listed on: 09/29/2023

Co-Listed By

Joe Holloway

Exit Rocky Top Realty-CK Brokerage Phone: 9315264455 License #363319

Last Buyer's Agent

Abbie Norwood

The Real Estate Collective License #361249

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,236

Year Built

  • Built in 1963

Lot Details

  • 5.05 Acre Lot
  • Home fronts a pond
  • Garden

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,032 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Living Room
  • Unfinished Basement
  • Laundry in Basement
  • Electric Oven
  • Washer

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Attached Carport

Utilities

  • Cooling Available
  • Heating Available
  • Natural Gas Not Available
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Barn
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 003.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,236

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Attribution Contact: 9315264455
  • Directions: From JCCH; head N on S Union St toward W Hull Ave, turn right at the 1st Cross Street onto TN-53 N/W Hull Ave, turn Left onto TN-53 N/ TN-56 N, Turn Right onto TN-85 E, Turn Right onto Shady Ln, Turn left onto Ralph Spivey Ln, Property on Right
  • Unit Levels: One
  • Prop. Type: Residential
  • Year Built: 1963
  • Property Sub Type: Site Built
  • Horses: Yes
  • Lot Size Acres: 5.05
  • Lot Size: 5.05 AC
  • Co List Office Mls Id: 251
  • Co List Office Phone: 931-526-4455
  • Subdivision Name: None
  • Carport Y N: Yes
  • Garage Yn: No
  • Kitchen Level: Main
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Electric Oven, Washer
  • Has Basement: Unfinished
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Ceiling Fan(s)
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Living Area: 1032
  • Main Level Bedrooms: 3
  • Window Features: Single Pane Windows
  • Room Bedroom2 Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom3 Level: Main
  • Living Room Living Room Level: Main

Exterior Features

  • Exterior Features: Horses Allowed, Garden
  • Roof: Metal
  • View: No Water Frontage View Description, None
  • View: No
  • Waterfront Features: Pond, No Water Frontage View Description
  • Home Warranty: No
  • Construction Type: Frame, Other
  • Other Structures: Barn(s)
  • Patio And Porch Features: Covered

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Parking Features: Attached Carport
  • Total Parking Spaces: 1

Utilities

  • Electric: Fuses, UCEMC
  • Heating: Electric
  • Sewer: Septic Tank
  • Gas Company: None
  • Laundry Features: Basement
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Natural Gas Not Available
  • Water Source: Well, Private Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Farm Land Area Units: Square Feet
  • Parcel #: 003.00
  • Irrigation Water Rights: No

Tax Info

  • Tax Annual Amount: 1235.66
  • Tax Book Number: 110
  • Tax Map Number: 047

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
Jun 3, 2024
Sold by
Talley Gloria J and Talley Sydney M
Bought by
Shoemaker Jason Michael
Seller's Agent
Donnita Hill
Exit Rocky Top Realty-CK
Buyer's Agent
Abbie Norwood
The Real Estate Collective
List Price
$240,000
Sold Price
$219,000
Premium/Discount to List
-$21,000
-8.75%
Views
280
Current Estimated Value
$217,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,183
Avg. Annual Appreciation
-0.39%
Original Mortgage
$175,200
Outstanding Balance
$173,028
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$44,789

Purchase Details

Closed on
Feb 21, 2024
Sold by
Dean James G and Dean Melissa R
Bought by
Rich Jackie A and Lamb Gary D

Purchase Details

Closed on
Dec 5, 2022
Sold by
Brown Buck Mary
Bought by
Talley Gloria J and Talley Sydney M

Purchase Details

Closed on
Nov 30, 2022
Sold by
Brown Joel K
Bought by
Rich Jackie A and Lamb Gary D

Purchase Details

Closed on
Nov 22, 2022
Sold by
Spivey Wanda
Bought by
Rich Jackie and Lamb Gary D

Purchase Details

Closed on
Nov 21, 2022
Sold by
Brown Joel K
Bought by
Barlow Joe D and Dean Melissa R

Purchase Details

Closed on
Nov 20, 2022
Sold by
Brown Buck Mary
Bought by
Rich Jackie and Lamb Gary D

Purchase Details

Closed on
Mar 8, 2018
Sold by
Brown Joel K
Bought by
Spivey Wanda

Purchase Details

Closed on
Jan 12, 2012
Sold by
Mcbride Randy
Bought by
Brown Joel K

Purchase Details

Closed on
Mar 11, 1996
Sold by
Ralph Spivey
Bought by
Ralph Spiney

Purchase Details

Closed on
Oct 1, 1966
Bought by
Spivey Ralph and Spivey Louise
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
Shoemaker Jason Michael $223,000 None Listed On Document
Rich Jackie A -- None Listed On Document
Talley Gloria J -- --
Talley Gloria J $78,100 --
Talley Gloria J $78,100 None Listed On Document
Talley Gloria J -- --
Rich Jackie A $233,200 --
Rich Jackie A $233,200 None Listed On Document
Rich Jackie -- --
Barlow Joe D $233,200 --
Barlow Joe D $233,200 None Listed On Document
Rich Jackie -- --
Spivey Wanda $230,000 None Available
Brown Joel K $135,000 --
Ralph Spiney $25,000 --
Spivey Ralph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shoemaker Jason Michael $175,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2024 06/04/24 Sold $219,000 -8.8% $212 / Sq Ft
05/01/2024 05/01/24 For Sale $240,000 0.0% $233 / Sq Ft
02/09/2024 02/09/24 Price Changed $240,000 +37.1% $233 / Sq Ft
09/29/2023 09/29/23 For Sale $175,000 -20.1% $170 / Sq Ft
09/29/2023 09/29/23 Off Market $219,000 -- --
Source: Upper Cumberland 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 $492 $19,300 $5,075 $14,225
2023 $492 $19,300 $5,075 $14,225
2022 $1,236 $54,950 $14,275 $40,675
2021 $1,236 $54,950 $14,275 $40,675
2020 $1,266 $54,950 $14,275 $40,675
2019 $1,266 $45,375 $11,725 $33,650
2018 $1,266 $45,375 $11,725 $33,650
2017 $700 $45,375 $11,725 $33,650
2016 $701 $25,100 $11,725 $13,375
2015 $715 $25,100 $11,725 $13,375
2014 $634 $22,250 $9,625 $12,625
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Cumberland Association of REALTORS®

MLS Number: 222503

Upper Cumberland Association of REALTORS®

APN: 047-003.00