$624,150
SOLD OCT 28, 2024

1587 Brooks Bend Ln Gainesboro, TN 38562

175 Acres
$3,567 Price per Acre
7,623,000 Sq Ft Lot

Recently Sold

4% Below List Price

0 Day on Market

Highlights

  • Barn
  • 175 Acre Lot
  • Home fronts a stream
  • River View
  • No HOA
  • Fenced

About This Lot

As of October 2024

What a gorgeous piece of property that borders Cordell Hull Lake! This 175 acre unrestricted property is mostly wooded and has been used as a hunting property for many years with 4 small hunting houses built on the property. There is trailer on the property along with 2 older barns that have great potential! The unique layout of this property with nearly 8000 feet of road frontage and approximately 2700 feet bordering Cordell Hull Lake (A 12,000-acre lake in the Cumberland River) creates so many possibilities with this property! The property has some fencing, electric and water is available at the road, and an electric and water meter already located on the property. *All information provided is deemed reliable, but is not guaranteed and should be independently verified.

Last Agent to Sell the Property

Donna Baisley

Baisley Hometown Realty, LLC Brokerage Phone: 9317877065 License #328014 Listed on: 05/17/2024

Last Buyer's Agent

Other Other Non Realtor

Other Non Member Office License #999999

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $827

Lot Details

  • 175 Acre Lot
  • Home fronts a stream
  • Property fronts a county road
  • Property fronts an easement
  • East Facing Home
  • Fenced
  • Level Lot

Schools

  • Gainesboro Elementary
  • Gainesboro Elementary High School

Utilities

  • Natural Gas Not Available
  • Septic Tank

Additional Features

  • River Views
  • Barn

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 071 022.01
  • $30,380 Seller Concession

Property Details

Property Type

Land

Est. Annual Taxes

$827

Lot Details

0

Listing Details

  • Attribution Contact: 9317877065
  • Directions: From Gainesboro: Turn onto TN-262 W. Continue onto TN-85 W. Turn LEFT onto Smith Bend Ln. Turn RIGHT onto Brooks Bend Ln. Property will be on both sides of the road. Sign on Property.
  • Prop. Type: Land
  • Property Sub Type: Single Family Lot
  • Lot Size Acres: 175
  • Lot Size: IRR
  • Road Frontage Type: Easement, County Road
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Special Features: None

Interior Features

  • Possible Use: Single Family, Farm

Exterior Features

  • Topography: Level,Steep,Rolling
  • Fencing: Fenced
  • View: Cordell Hull, Cumberland River, Water, Lake, River, Other
  • View: Yes
  • Waterfront Features: Creek, Stream, Cordell Hull, Cumberland River
  • Waterfront: Yes
  • Direction Faces: E
  • Other Structures: Barn(s)

Utilities

  • Sewer: Septic Tank
  • Electricity On Property: Yes
  • Utilities: Electricity Connected, Electricity Available, Natural Gas Not Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Gainesboro Elem
  • High School: Gainesboro Elem
  • Middle Or Junior School: Gainesboro Elem

Lot Info

  • Zoning: None
  • Farm Land Area Units: Square Feet
  • Parcel #: 071 022.01
  • Irrigation Water Rights: No

Tax Info

  • Tax Annual Amount: 826.84
  • Tax Book Number: 85
  • Tax Map Number: 071 022.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2024
Closed on
Oct 28, 2024
Sold by
Goddard Robert N and Loope John
Bought by
Dave & Cynthia Llc
Seller's Agent
Donna Baisley
Baisley Hometown Realty, LLC
Buyer's Agent
Other Other Non Realtor
Other Non Member Office
List Price
$650,000
Sold Price
$624,150
Premium/Discount to List
-$25,850
-3.98%
Views
11
Current Estimated Value
$637,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,850
Original Mortgage
$530,527
Outstanding Balance
$520,642
Interest Rate
5.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2017
Sold by
Loope John
Bought by
Loope John

Purchase Details

Closed on
May 24, 2012
Sold by
Loope Travis L
Bought by
Loope John and Larue Frank E

Purchase Details

Closed on
Sep 25, 2004
Sold by
Gaines Robert M
Bought by
Loope Travis L

Purchase Details

Closed on
Nov 14, 2003
Bought by
Loope John

Purchase Details

Closed on
May 16, 2003
Sold by
Curtis Robert A
Bought by
Rick Hensley

Purchase Details

Closed on
May 15, 2003
Bought by
Loope John

Purchase Details

Closed on
Sep 13, 1991
Bought by
Loope John

Purchase Details

Closed on
Apr 24, 1990
Bought by
Loope John

Purchase Details

Closed on
Sep 23, 1986
Bought by
Burton Bonnie Gene and Burton Betty
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 Type Sale Price Title Company
Warranty Deed $624,150 None Listed On Document
Quit Claim Deed -- --
Warranty Deed $21,000 --
Deed $15,000 --
Warranty Deed $15,000 --
Deed $19,124 --
Warranty Deed $19,100 --
Warranty Deed $2,600 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $530,527 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2024 10/28/24 Sold $624,150 -4.0% --
07/19/2024 07/19/24 For Sale $650,000 0.0% --
05/17/2024 05/17/24 Pending -- -- --
05/17/2024 05/17/24 For Sale $650,000 -- --
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 $470 $18,450 $17,025 $1,425
2023 $470 $18,450 $17,025 $1,425
2022 $415 $18,450 $17,025 $1,425
2021 $415 $18,450 $17,025 $1,425
2020 $448 $18,450 $17,025 $1,425
2019 $448 $16,075 $14,475 $1,600
2018 $448 $16,075 $14,475 $1,600
2017 $448 $16,075 $14,475 $1,600
2016 $449 $16,075 $14,475 $1,600
2015 $458 $16,075 $14,475 $1,600
2014 $374 $13,125 $11,375 $1,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Cumberland Association of REALTORS®

MLS Number: 227370

Upper Cumberland Association of REALTORS®

APN: 071-022.00