NOT LISTED FOR SALE

1480 Goforth Rd Morrison, TN 37357

Estimated Value: $245,000 - $1,269,828

Studio
-- Bath
-- Sq Ft
121 Acres

Last Sold March 02, 2020

Last sale price $500,000

Est. 61% increase in value since last sale

Current estimated payment $4,410/month

26 Days on Market

Highlights

  • 121 Acre Lot
  • No Heating
  • Farm

About This Home

As of March 2020

121 Acres of Prime Farm Land. Fenced with Pond and Barn. 6 Acres of woods. Utility Water is Available.

Last Agent to Sell the Property

George Spellings

Better Homes & Gardens Real Estate Heritage Group License # 329302 Listed on: 01/02/2020

Last Buyer's Agent

Vicky Spellings

Better Homes & Gardens Real Estate Heritage Group License # 255706

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,600

Lot Details

  • 121 Acre Lot
  • Property fronts a county road
  • Property is zoned Ag

Home Design

  • Farm

Interior Spaces

  • Property has 3 Levels

Schools

  • New Union Elementary School
  • Coffee Co Middle School
  • Coffee Co Central High School

Utilities

  • No Cooling
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 026 00200 000

Property Details

Property Type

Other

Est. Annual Taxes

$1,600

Lot Details

0

Listing Details

  • Prop. Type: Farm
  • Habitable Residence: No
  • Inclusions: LAND
  • Unit Levels: Three Or More
  • New Construction: No
  • ResoPropertyType: Farm
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Fireplace: No
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet

Exterior Features

  • Pool Private: No
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Water Source: Private
  • Cooling Y N: No
  • Heating Yn: No

Lot Info

  • Zoning: Ag
  • Cultivated Acreage: 115
  • Lot Size Acres: 121
  • Lot Size Units: Acres
  • Parcel #: 026 00200 000
  • Property Attached Yn: No
  • Wooded Area: 6
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1600

MLS Schools

  • Elementary School: New Union Elementary
  • High School: Coffee Co Central High School
  • Middle Or Junior School: Coffee Co Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2020
Closed on
Mar 2, 2020
Sold by
Davis Marsceen and Revocable Livin Marsceen Davis
Bought by
Keele Bradley and Keele Jamie L
Seller's Agent
George Spellings
Better Homes & Gardens Real Estate Heritage Group
Buyer's Agent
Vicky Spellings
Better Homes & Gardens Real Estate Heritage Group
List Price
$539,000
Sold Price
$500,000
Premium/Discount to List
-$39,000
-7.24%
Current Estimated Value
$806,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,609
Avg. Annual Appreciation
8.43%
Original Mortgage
$505,504
Outstanding Balance
$445,675
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$360,934

Purchase Details

Closed on
Apr 5, 2018
Sold by
Davis Marsceen
Bought by
Davis Marsceen and Marsceen Davis Revocable Livin

Purchase Details

Closed on
Nov 14, 2007
Sold by
Davis Marsceen
Bought by
Maxwell Melvin E

Purchase Details

Closed on
Dec 30, 1986
Bought by
Davis Jack and Davis Marsceen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Keele Bradley $500,000 Stones River Title Llc
Davis Marsceen -- First Community Title&Escrow
Maxwell Melvin E $20,000 --
Davis Jack $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keele Bradley $505,504
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2020 03/02/20 Sold $500,000 -7.2% --
01/28/2020 01/28/20 Pending -- -- --
01/02/2020 01/02/20 For Sale $539,000 -- --
Source: Realtracs

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 $1,559 $66,875 $65,150 $1,725
2024 $1,559 $66,875 $65,150 $1,725
2023 $1,559 $66,875 $0 $0
2022 $1,559 $66,875 $65,150 $1,725
2021 $1,600 $54,575 $51,900 $2,675
2020 $1,600 $104,425 $101,750 $2,675
2019 $1,600 $54,575 $51,900 $2,675
2018 $1,600 $54,575 $51,900 $2,675
2017 $1,628 $49,900 $47,500 $2,400
2016 $1,628 $49,900 $47,500 $2,400
2015 $1,628 $49,900 $47,500 $2,400
2014 $1,628 $49,893 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2110678

Realtracs

APN: 026-002.00