NOT LISTED FOR SALE

1624 Loribet Way Powell, TN 37849

Estimated Value: $458,645 - $640,000

7 Beds
3 Baths
3,456 Sq Ft
$152/Sq Ft Est. Value

Last Sold June 27, 2019

Last sale price $375,000 $109 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,859/month

192 Days on Market

Highlights

  • 9.01 Acre Lot
  • Patio
  • Central Heating
  • Cooling Available
  • Tile Flooring

About This Home

As of June 2019

.......THIS PROPERTY IS BEING SOLD AS/IS..... 8 Tracts Combine and for Sale as One. One triplex With In Ground Gunite Pool ,One Small House, Five Mobile Homes Setup on Permanent foundations. ......Great Opportunity For A Rental Business With a Little Work.......

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,101

Year Built

  • Built in 1987

Lot Details

  • 9.01

Home Design

  • Slab Foundation
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 3,456 Sq Ft Home
  • Property has 2 Levels

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Schools

  • Powell Elementary School
  • Powell High School

Utilities

  • Cooling Available
  • Central Heating
  • Cable TV Available

Additional Features

  • Patio
  • 9.01 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 056 06503

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,101

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Year Built: 1987
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Builder
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator
  • Fireplace: No
  • Flooring: Carpet, Other, Tile, Vinyl
  • Total Bedrooms: 7
  • Full Bathrooms: 3
  • Has Basement: Slab
  • Above Grade Finished Sq Ft: 3456
  • Building Area Units: Square Feet
  • Living Area: 3456
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Builder

Exterior Features

  • Exterior Features: Storage Building
  • Construction Type: Frame, Vinyl Siding, Other
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Utilities: Cable Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Other
  • Lot Size Acres: 9.01
  • Lot Size Units: Acres
  • Parcel #: 056 06503
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2101

MLS Schools

  • Elementary School: Powell Elementary
  • High School: Powell High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2024
Sold by
Redemption Life International Corp
Bought by
Cox Jerry Michael and Cox Milan Marie
Current Estimated Value
$524,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Outstanding Balance
$311,537
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$213,124

Purchase Details

Listed on
Sep 17, 2018
Closed on
Jun 27, 2019
Sold by
Wilson Betty H and Wilson Betty
Bought by
Redemption Life International Corp
List Price
$375,000
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.59%
Original Mortgage
$281,250
Interest Rate
3.9%
Mortgage Type
Commercial
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
Cox Jerry Michael -- Southeast Title
Redemption Life International Corp $375,000 Southeast Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cox Jerry Michael $315,000
Previous Owner Redemption Life International Corp $281,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2019 06/27/19 Sold $375,000 0.0% $109 / Sq Ft
03/28/2019 03/28/19 Pending -- -- --
09/17/2018 09/17/18 For Sale $375,000 -- $109 / Sq Ft
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 -- $0 $0 $0
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $1,151 $0 $0 $0
2020 $1,151 $54,300 $0 $0
2019 $1,151 $54,300 $0 $0
2018 $1,151 $54,300 $0 $0
2017 $1,151 $54,300 $0 $0
2016 $1,242 $0 $0 $0
2015 $1,242 $0 $0 $0
2014 $1,242 $0 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2878769

Realtracs

APN: 056-06503