NOT LISTED FOR SALE

1533 Sr 50 Pelham, TN 37366

Estimated Value: $442,000 - $1,292,000

67 Acres
$13,363 Price per Acre
2,918,520 Sq Ft Lot

Last Sold January 30, 2024

Last sale price $1,334,000

Est. 33% decrease in value since last sale

Current estimated payment $4,847/month

57 Days on Market

Highlights

  • 67 Acre Lot
  • Level Lot
  • No Heating
  • No HOA

About This Lot

As of January 2024

Beautiful Land Tract just off I-24, https://youtu.be/vwkVoDWYIGo, suitable for development with approximately 2,700 ft. +/- on 3 different sides. Gently rolling

Last Agent to Sell the Property

Phil Phillips

Leading Edge Real Estate Group Brokerage Phone: 9312057445 License #272961 Listed on: 12/04/2023

Last Buyer's Agent

Angela Ballard

Century 21 Coffee County Realty & Auction License #309419

Century 21 Coffee County Realty & Auction

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,974

Lot Details

  • 67 Acre Lot
  • Property fronts a county road
  • Level Lot
  • Property is zoned Farm

Schools

  • Pelham Elementary
  • Grundy Co High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 086 03100 000

Property Details

Property Type

Land

Est. Annual Taxes

$1,974

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Inclusions: LAND
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

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

Garage/Parking

  • Attached Garage: No

Utilities

  • Sewer: None
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: No
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Farm
  • Current Use: Unimproved
  • Lot Features: Level
  • Lot Size Acres: 67
  • Lot Size Units: Acres
  • Parcel #: 086 03100 000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1974

MLS Schools

  • Elementary School: Pelham Elementary
  • High School: Grundy Co High School
  • Middle Or Junior School: Pelham Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2023
Closed on
Feb 28, 2024
Sold by
Clay Eric and Clay Carla
Bought by
Benton Riley W
Seller's Agent
Phil Phillips
Leading Edge Real Estate Group
Buyer's Agent
Angela Ballard
Century 21 Coffee County Realty & Auction
List Price
$1,675,000
Sold Price
$1,334,000
Premium/Discount to List
-$341,000
-20.36%
Views
18
Current Estimated Value
$895,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$438,669
Avg. Annual Appreciation
-20.38%
Original Mortgage
$120,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 4, 2023
Closed on
Jan 26, 2024
Sold by
Cook Jerry W
Bought by
Clay Eric and Clay Carla
Seller's Agent
Phil Phillips
Leading Edge Real Estate Group
Buyer's Agent
Angela Ballard
Century 21 Coffee County Realty & Auction
List Price
$1,675,000
Sold Price
$1,334,000
Premium/Discount to List
-$341,000
-20.36%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2017
Sold by
Buckner Jean Gallagher
Bought by
Cook Jerry W

Purchase Details

Closed on
Feb 6, 2015
Bought by
Cook Jerry W

Purchase Details

Closed on
Apr 16, 2013

Purchase Details

Closed on
Jul 22, 2008
Sold by
Cook Jerry Wayne
Bought by
Buckner Jean Gallagher

Purchase Details

Closed on
Nov 14, 2002
Sold by
Gallagher James W
Bought by
State Of Tennessee

Purchase Details

Closed on
Apr 1, 2000
Sold by
Gallagher Vergie
Bought by
Cook James

Purchase Details

Closed on
Mar 28, 2000
Bought by
Gallagher James W and Gallagher S

Purchase Details

Closed on
Aug 8, 1997
Sold by
Gallagher Vergie
Bought by
State Of Tennessee

Purchase Details

Closed on
Jul 24, 1963
Bought by
Gallagher Vergie

Purchase Details

Closed on
Feb 4, 1961
Bought by
Gallagher Vergie
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
Benton Riley W $50,000 None Listed On Document
Benton Riley W $50,000 None Listed On Document
Clay Eric -- None Listed On Document
Cook Jerry W -- --
Cook Jerry W $80,500 --
Pardue Shirley Darlene $80,450 --
-- -- --
Buckner Jean Gallagher $321,800 --
Buckner Jean Gallagher -- --
State Of Tennessee $18,310 --
Cook James -- --
Gallagher James W $11,400 --
State Of Tennessee $1,650 --
Gallagher Vergie -- --
Gallagher Vergie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Benton Riley W $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2024 01/30/24 Sold $1,334,000 -20.4% --
12/04/2023 12/04/23 For Sale $1,675,000 -- --
Source: Realtracs

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 $1,653 $115,900 $93,275 $22,625
2023 $1,653 $115,900 $93,275 $22,625
2022 $1,974 $89,175 $75,950 $13,225
2021 $1,974 $89,175 $75,950 $13,225
2020 $1,974 $89,175 $75,950 $13,225
2019 $1,446 $86,575 $76,325 $10,250
2018 $1,446 $56,950 $47,125 $9,825
2017 $816 $56,950 $47,125 $9,825
2016 $817 $32,175 $22,475 $9,700
2015 $817 $32,175 $22,475 $9,700
2014 $466 $18,374 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2598763

Realtracs

APN: 086-031.00