NOT LISTED FOR SALE

172 Wallace Rd Jackson, TN 38301

Westwood Gardens Neighborhood

Estimated Value: $215,000 - $226,000

3 Beds
2 Baths
1,664 Sq Ft
$133/Sq Ft Est. Value

Last Sold June 27, 2016

Last sale price $68,870 $41 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $1,269/month

95 Days on Market

Highlights

  • Vaulted Ceiling
  • Great Room
  • Formal Dining Room
  • Corner Lot
  • Den
  • Front Porch

About This Home

As of June 2016

INSTANT EQUITY OPPORTUNITY!! Conveniently located 4 bedroom home with formal dining room, stone fireplace, fenced wooded backyard, and attached garage. All of this for less than renting!! Great starter home at an even better price! Call to see 731-256-0220

Last Agent to Sell the Property

Jon Putt

Putt Real Estate Advisors License #269933 Listed on: 02/08/2016

Last Buyer's Agent

Cathy Matlock

Town and Country Realtors License #290874

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $737

Year Built

  • Built in 1977

Lot Details

  • 0.34 Acre Lot
  • Wood Fence
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,664 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Drapes & Rods
  • Great Room
  • Formal Dining Room
  • Den
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Electric Oven or Range
  • Single Self-Cleaning Oven
  • Dishwasher
  • Formica Countertops
  • Trash Compactor

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer Hookup

Accessible Home Design

  • Accessible Approach with Ramp

Outdoor Features

  • Rain Gutters
  • Private Mailbox
  • Front Porch

Utilities

  • Central Air
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Oakmont Development Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00100

Home Details

Home Type

Single Family

Est. Annual Taxes

$737

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Age: 39
  • Class: RESIDENTIAL
  • Group: B
  • Type: Single Family
  • Year Built: 1977
  • New Construction: No
  • Resort: No
  • Subtype: None
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Floors: Carpet/Vinyl
  • Number Of Stories: 1
  • Price Per Sq Ft: 42.67
  • Estimated Heated Sq Ft: 1664
  • Handicap Features: Ramp for Outdoor Stairs
  • Appliances: Dishwasher | Trash Compactor
  • Attic Type: Pull Down Stairs
  • Bedroom 2 Level: M
  • Bedroom 2 Size: 13x12
  • Bedroom 3 Level: M
  • Bedroom 3 Size: 12x12
  • Countertops: Formica (Plastic)
  • Fireplace: Gas Logs
  • Formal Dining Rm Level: M
  • Formal Dining Rm Size: 12x12
  • Great Room Level: M
  • Great Room Size: 21x18
  • In Law Quarters: No
  • Internal Features: Cable TV | Ceiling Fan(s) | Walk-In Closet | Washer/Dryer Connection | Natural Gas Water Heater
  • Kitchen Level: M
  • Kitchen Size: 13x9
  • Laundry Room Level: M
  • Laundry Room Size: 9x6
  • Primary Bathroom: Shower Separate
  • Master Bedroom Level: Main
  • Master Bedroom Level2: M
  • Master Bedroom Size: 16x14
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Range Ovens: 1 Oven | No Microwave | Oven-Electric | Range/Oven-Electric | Self Cleaning Oven
  • Windows Treatments: Blinds-Vinyl | Draperies | Part Window Treatments

Exterior Features

  • Construction: Brick and Other
  • Foundation: Crawl Space
  • Water: Public
  • Waterfront: No
  • Water View: No
  • Decks Patio Porches: Back Porch-Open | Front Porch-Open
  • External Features: Gutters | Mail Box
  • Fenced Yard: Wood
  • On Golf Course: No

Garage/Parking

  • Car Storage: 2
  • Garage Type: Attached Garage

Utilities

  • Sewer: Public
  • Air Units: 1
  • Cooling System: Cent. A/C-Electric
  • Heating System: Gas Forced Air Cent.
  • Water Heater Units: 1

Association/Amenities

  • Gated Community: No

Lot Info

  • Geo Update Timestamp: 6/28/2016 7:17:56 PM
  • Geo Address Line: 172 Wallace Rd
  • Geo Primary City: Jackson
  • Geo Quality: 0.95
  • Geo Secondary City: Madison Co.
  • Geo Subdivision: TN
  • Geo Zoom Level: 16
  • Lot Size: .34 acres
  • Map Number: 057066K
  • Number Of Acres: 0.34
  • Parcel Number: 00100
  • Lot Type: Corner Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2016
Closed on
Jun 27, 2016
Sold by
Beal Bruce C
Bought by
Matlock James B and Matlock Catherine S
Seller's Agent
Jon Putt
Putt Real Estate Advisors
Buyer's Agent
Cathy Matlock
Town and Country Realtors
List Price
$79,700
Sold Price
$68,870
Premium/Discount to List
-$10,830
-13.59%
Current Estimated Value
$221,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,684
Avg. Annual Appreciation
13.40%
Original Mortgage
$56,614
Outstanding Balance
$26,066
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$192,162

Purchase Details

Closed on
Aug 31, 2009
Sold by
North Joseph F
Bought by
Beal Bruce C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,604
Interest Rate
5.19%

Purchase Details

Closed on
Sep 16, 2008
Sold by
Blake Murchison
Bought by
North Joseph F

Purchase Details

Closed on
Dec 22, 2007
Sold by
Arlene Bushart Kim
Bought by
Blake Murchison

Purchase Details

Closed on
Jan 9, 1996
Sold by
Murchison James F
Bought by
Ricky Murchison and Ricky Gary

Purchase Details

Closed on
Dec 18, 1962
Bought by
Murchison James F
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
Matlock James B $65,000 --
Beal Bruce C $104,500 --
North Joseph F $97,500 --
Blake Murchison -- --
Ricky Murchison -- --
Murchison James F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matlock James B $56,614
Previous Owner Beal Bruce C $102,604
Previous Owner Murchison James F $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2016 06/27/16 Sold $68,870 -13.6% $41 / Sq Ft
05/13/2016 05/13/16 Pending -- -- --
02/08/2016 02/08/16 For Sale $79,700 -- $48 / Sq Ft
Source: Central West Tennessee 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 $737 $39,350 $5,000 $34,350
2022 $1,371 $39,350 $5,000 $34,350
2021 $1,031 $23,900 $2,750 $21,150
2020 $1,031 $23,900 $2,750 $21,150
2019 $1,031 $23,900 $2,750 $21,150
2018 $1,031 $23,900 $2,750 $21,150
2017 $1,026 $23,250 $2,750 $20,500
2016 $956 $23,250 $2,750 $20,500
2015 $956 $23,250 $2,750 $20,500
2014 $956 $23,250 $2,750 $20,500
Source: Public Records

Agents Affiliated with this Home

  • Jon Putt

    Seller's Agent in 2016

    Jon Putt

    Putt Real Estate Advisors

    (731) 256-0220

    9 in this area

    167 Total Sales

    Jon Putt
    Section Image

  • C

    Buyer's Agent in 2016

    Cathy Matlock

    Town and Country Realtors

See All Agents

Map

Source: Central West Tennessee Association of REALTORS®

MLS Number: 171024

Central West Tennessee Association of REALTORS®

APN: 066K-B-001.00

Tennessee Madison County Jackson 38301 Westwood Gardens

172 Wallace Rd, Jackson, TN

This home is located at 172 Wallace Rd, Jackson, TN 38301 since 08 February 2016 and is currently estimated at $221,554, approximately $133 per square foot. This property was built in 1977. 172 Wallace Rd is a home located in Madison County with nearby schools including Arlington Elementary School, North Parkway Middle School, and South Side High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central West Tennessee Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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