NOT LISTED FOR SALE

1401 W Reelfoot Ave Union City, TN 38261

Estimated Value: $6,599,142

-- Bed
11 Baths
1,500 Sq Ft
$4,399/Sq Ft Est. Value

About This Home

This home is located at 1401 W Reelfoot Ave, Union City, TN 38261 and is currently estimated at $6,599,142, approximately $4,399 per square foot. 1401 W Reelfoot Ave is a home located in Obion County with nearby schools including Union City Elementary School, Union City Middle School, and Union City High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2015
Sold by
Tennessee Holdings Llc
Bought by
Cades Realty Llc
Current Estimated Value
$6,599,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,300,000
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 14, 2014
Sold by
Csmc 2007 C1 Reelfoot Ave
Bought by
Tennessee Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,963
Interest Rate
4.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 6, 2012
Sold by
Laurens Crossing Llc
Bought by
Csmc 2007 Ci Reelfoot Avenue L and C/O Lnr Partners Llc

Purchase Details

Closed on
Jun 23, 2009
Sold by
Laurens Crossing Llc
Bought by
Stearns Investment Grp Llc

Purchase Details

Closed on
Jan 22, 2007
Sold by
Steve Burton Michael
Bought by
Laurene Crossing Llc

Purchase Details

Closed on
Sep 3, 2002
Sold by
Burton Michael S
Bought by
Cnl Restaurant

Purchase Details

Closed on
Jun 10, 2002
Sold by
Mas Verde Mobile Home
Bought by
Burton Michael S

Purchase Details

Closed on
Aug 10, 1998
Bought by
Mas Verde Mobile Home Estates Inc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Cades Realty Llc $2,845,000 --
Tennessee Holdings Llc $2,400,000 --
Csmc 2007 Ci Reelfoot Avenue L $1,612,500 --
Stearns Investment Grp Llc $150,000 --
Laurene Crossing Llc $2,725,000 --
Cnl Restaurant $375,000 --
Burton Michael S $1,000,000 --
Mas Verde Mobile Home Estates Inc $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cades Realty Llc $2,300,000
Previous Owner Tennessee Holdings Llc $32,963
Source: Public Records

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
2025 -- $911,200 $0 $0
2024 -- $911,200 $413,600 $497,600
2023 $25,541 $911,200 $413,600 $497,600
2022 $14,720 $920,000 $413,600 $506,400
2021 $14,425 $920,000 $413,600 $506,400
2020 $16,665 $1,041,560 $413,600 $627,960
2019 $38,746 $1,041,560 $413,600 $627,960
2018 $38,581 $1,041,560 $413,600 $627,960
2017 $29,919 $785,440 $170,600 $614,840
2016 $30,003 $787,640 $170,600 $617,040
2015 $29,860 $787,640 $170,600 $617,040
2014 $29,860 $787,640 $170,600 $617,040
Source: Public Records

Map

Tennessee Obion County Union City 38261

1401 W Reelfoot Ave, Union City, TN

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