NOT LISTED FOR SALE

1504 Mathis Rd Drummonds, TN 38023

Estimated Value: $258,611 - $304,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$173/Sq Ft Est. Value

Last Sold October 14, 2016

Last sale price $80,000 $50 Per Sq Ft

Est. 234% increase in value since last sale

Current estimated payment $1,525/month

14 Days on Market

Highlights

  • 1.13 Acre Lot
  • Wood Flooring
  • 1 Car Attached Garage
  • Traditional Architecture
  • Some Wood Windows
  • Outdoor Storage

About This Home

As of October 2016

Brick/wood exterior, central H&A, 3 br 2 full baths,1 car garage, 1 acre lot, to report any concerns needing escalation, (including concerns related to a previously submitted offer) or information on how to place an offer, contact agent for WF for direct number to REO dept

Last Agent to Sell the Property

James Yow

Dogwood Realty License #235671 Listed on: 08/17/2016

Last Buyer's Agent

Lisa Cox

Groome & Co. License #260609

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $768

Year Built

  • Built in 1992

Lot Details

  • 1.13 Acre Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,543 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Window Treatments
  • Dining Room
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector
  • Oven or Range
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Parking

  • 1 Car Attached Garage
  • Front Facing Garage

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • Rolling Meadows Sec A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 145C 145B D05400

Home Details

Home Type

Single Family

Est. Annual Taxes

$768

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Simmons
  • MLS Map #: 621B
  • MAAR Subdivision Name: ROLLING MEADOWS SEC A
  • List Price Per Sq Ft: 58
  • Number Of Stories: 1
  • Price Per Sq Ft: 51.85
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1543
  • Year Built: 1992
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Carpet
  • Bedroom 3 Description: Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 2
  • Equipment: Range/Oven
  • Living Dining Kitchen: Separate Dining Room, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Pull Down Attic Stairs, Smoke Detector(s)
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Tile Floor
  • P R I M A R Y B E D R O O M: Hardwood Floor

Exterior Features

  • Misc Exterior: Storage Building
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1A
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Gas
  • Security: Smoke Detector(s)
  • Water Sewer: Public Water

Lot Info

  • Lot Description: Level
  • Lot Number: 13
  • Acreage: 1.13
  • Lot Size: 1.13 acre
  • Price Per Acre: 79292

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 145C 145B D05400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2016
Closed on
Oct 4, 2016
Sold by
Wells Fargo Bank Na
Bought by
Tolley Patricia A
Seller's Agent
James Yow
Dogwood Realty
Buyer's Agent
Lisa Cox
Groome & Co.
List Price
$89,600
Sold Price
$80,000
Premium/Discount to List
-$9,600
-10.71%
Current Estimated Value
$266,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,883
Avg. Annual Appreciation
14.11%
Original Mortgage
$55,000
Outstanding Balance
$27,395
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$228,888

Purchase Details

Closed on
Jul 8, 2016
Sold by
Marbry Neal Mancefield
Bought by
Wells Fargo Bank

Purchase Details

Listed on
Dec 1, 2011
Closed on
Mar 21, 2012
Sold by
Wayman Aaron
Bought by
Marbry Neal Mancefield and Marbry Sherie L
Seller's Agent
Scott Fields
Fields of Dream Homes. LLC
Buyer's Agent
Scott Fields
Fields of Dream Homes. LLC
List Price
$124,900
Sold Price
$124,990
Premium/Discount to List
$90
0.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.51%
Original Mortgage
$127,540
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 5, 2011
Sold by
Wayman Mike
Bought by
Wayman Aaron

Purchase Details

Closed on
Apr 29, 2009
Sold by
Kinser Bruce
Bought by
Wayman Mike

Purchase Details

Closed on
Mar 8, 1999
Sold by
Secretary Of Veterans
Bought by
Bruce Kinser

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.74%

Purchase Details

Closed on
Feb 16, 1998
Sold by
Baker Anthony E
Bought by
Baker Weiss

Purchase Details

Closed on
Jul 1, 1992
Bought by
Baker Anthony E

Purchase Details

Closed on
Apr 10, 1990
Bought by
Cole Heights Subdivision Inc
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
Tolley Patricia A $80,000 --
Wells Fargo Bank $105,300 --
Marbry Neal Mancefield $124,990 --
Wayman Aaron -- --
Wayman Mike $75,000 --
Bruce Kinser $92,500 --
Baker Weiss $82,860 --
Baker Anthony E $69,500 --
Cole Heights Subdivision Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tolley Patricia A $55,000
Previous Owner Marbry Neal Mancefield $127,540
Previous Owner Bruce Kinser $93,750
Previous Owner Bruce Kinser $25,000
Previous Owner Cole Heights Subdivision Inc $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2016 10/14/16 Sold $80,000 -10.7% $57 / Sq Ft
08/31/2016 08/31/16 Pending -- -- --
08/17/2016 08/17/16 For Sale $89,600 -28.3% $64 / Sq Ft
03/23/2012 03/23/12 Sold $124,990 +0.1% $89 / Sq Ft
02/19/2012 02/19/12 Pending -- -- --
12/01/2011 12/01/11 For Sale $124,900 -- $89 / Sq Ft
Source: Memphis Area 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 $768 $50,500 $9,200 $41,300
2023 $768 $50,500 $9,200 $41,300
2022 $723 $35,450 $6,775 $28,675
2021 $723 $35,450 $6,775 $28,675
2020 $723 $35,450 $6,775 $28,675
2019 $663 $27,400 $5,200 $22,200
2018 $663 $27,400 $5,200 $22,200
2017 $663 $27,400 $5,200 $22,200
2016 $663 $27,400 $5,200 $22,200
2015 $662 $27,400 $5,200 $22,200
2014 $663 $27,418 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9984447

Memphis Area Association of REALTORS®

APN: 145C-D-054.00