NOT LISTED FOR SALE

195 Elk Ln Savannah, TN 38372

Estimated Value: $272,000 - $407,000

5 Beds
2 Baths
2,000-2,199 Sq Ft
$151/Sq Ft Est. Value

Last Sold March 27, 2020

Last sale price $240,000 $109 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,858/month

Highlights

  • Lake On Lot
  • Waterfront
  • Wooded Lot
  • Updated Kitchen
  • Deck
  • Vaulted Ceiling

About This Home

As of March 2020

5BD/ 2BA BRICK HOME ON 25 ACRES W/ SPRING FED LAKE, 2 CREEKS, 3 SPRINGS, AND EXTRA 2BD/ 1BA MOBILE HOME REMODELED 2200sf HOME HAS CERAMIC TILE FLOORS, NEW METAL ROOF, 2 NEW CENTRAL HEAT & AIR UNITS, NEW KITCHEN CABINETS & COUNTER TOPS AND NEW WINDOWS. THE WATER FROM THE SPRING SUPPLIES BOTH HOMES AND HAS BEEN TESTED AND RATED GOOD AND TASTES DELICIOUS~! 30X40 POLE BARN, 10X16 ENCLOSED SHED AND 10X12 TOOL SHED. TOO MUCH TO LIST - ABSOLUTELY BEAUTIFUL~! CALL TODAY, CUZ IT WON'T ! - OWNER/AGENT

Last Agent to Sell the Property

Timothy Crane

2 Cranes Realty License #319481 Listed on: 02/04/2020

Last Buyer's Agent

Timothy Crane

2 Cranes Realty License #319481 Listed on: 02/04/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,208

Year Built

  • Built in 1967

Lot Details

  • 25 Acre Lot
  • Waterfront
  • Wooded Lot

Parking

  • Circular Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,184 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Screened Porch
  • Storage Room
  • Water Views
  • Updated Kitchen

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Lake On Lot
  • Deck
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,208

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 696A
  • List Price Per Sq Ft: 114
  • Number Of Stories: 2
  • Price Per Sq Ft: 109.89
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2184
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 1 Bath, Laundry Room, Sun Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Full Bath Down
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedroom 2 Description: Level 2, Walk-In Closet, Shared Bath
  • Bedroom 3 Description: Level 2, Shared Bath
  • Bedroom 4 Description: Level 2, Shared Bath
  • Bedroom 5 Description: Level 2, Shared Bath
  • Bedrooms: 5
  • Bedrooms Down: 1
  • Fireplace: Masonry, In Living Room
  • Floors/Ceilings: Tile, Vinyl Floor, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • Other Rooms: Storage Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Whirlpool Tub, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Tile Floor

Exterior Features

  • Misc Exterior: Storage Building, Porch, Screen Porch, Covered Patio, Deck, Storage
  • Exterior Windows: Brick Veneer
  • Foundation: Slab

Garage/Parking

  • Parking Storage: Driveway/Pad, Circular Drive

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Electric Water Heater, Well Water, Septic Tank

Lot Info

  • Lot Description: Wooded, Lake/Pond on Property, Water Frontage, Water View
  • Acreage: 25
  • Lot Size: 25 Acres
  • Price Per Acre: 9996

Multi Family

  • Number Of Rooms: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2020
Closed on
Mar 24, 2020
Sold by
Crane Timothy A and Crane Sue L
Bought by
Welling Matthew J and Lombardo Dorota J
Seller's Agent
Timothy Crane
2 Cranes Realty
Buyer's Agent
Timothy Crane
2 Cranes Realty
List Price
$249,900
Sold Price
$240,000
Premium/Discount to List
-$9,900
-3.96%
Current Estimated Value
$332,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,406
Avg. Annual Appreciation
6.08%
Original Mortgage
$190,000
Outstanding Balance
$167,951
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$164,455

Purchase Details

Closed on
Jul 27, 2018
Sold by
Robinson Isaiah
Bought by
Crane Timothy A and Crane Sue L

Purchase Details

Closed on
Jun 22, 2017
Sold by
Wilkerson Sherry
Bought by
Wilkerson Sherry Life Estate

Purchase Details

Listed on
Sep 19, 2016
Closed on
Dec 2, 2016
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Robinson Isaiah
Seller's Agent
Ben Austin
List 4 Less Realty, LLC
Buyer's Agent
Timothy Crane
2 Cranes Realty
List Price
$29,900
Sold Price
$55,500
Premium/Discount to List
$25,600
85.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.28%

Purchase Details

Closed on
Jul 1, 2016
Sold by
Pose Roberto C
Bought by
Federal Home Loan Mortgage Corporation and O Ditech Financia C

Purchase Details

Closed on
Jul 3, 2008
Sold by
Ray Max K
Bought by
Pose Roberto C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,355
Interest Rate
6.03%

Purchase Details

Closed on
Dec 13, 2002
Sold by
Neill Kelvin L
Bought by
Ray Max K

Purchase Details

Closed on
Jul 3, 1992
Bought by
Neill Kelvin L and Neill Lisa

Purchase Details

Closed on
Mar 9, 1973

Purchase Details

Closed on
Apr 7, 1965
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
Welling Matthew J $240,000 None Available
Crane Timothy A -- --
Wilkerson Sherry Life Estate -- --
Robinson Isaiah $55,500 --
Federal Home Loan Mortgage Corporation $116,977 --
Pose Roberto C $206,300 --
Ray Max K $163,500 --
Neill Kelvin L -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welling Matthew J $190,000
Previous Owner Not Available $175,355
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/27/2020 03/27/20 Sold $240,000 -4.0% $120 / Sq Ft
02/07/2020 02/07/20 Pending -- -- --
02/04/2020 02/04/20 For Sale $249,900 +350.3% $125 / Sq Ft
11/10/2016 11/10/16 Sold $55,500 +85.6% $28 / Sq Ft View Prior Sale
10/07/2016 10/07/16 Pending -- -- --
09/19/2016 09/19/16 For Sale $29,900 -- $15 / 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 $1,208 $69,025 $9,050 $59,975
2023 $1,208 $69,025 $9,050 $59,975
2022 $730 $35,425 $6,750 $28,675
2021 $630 $35,425 $6,750 $28,675
2020 $630 $30,600 $6,750 $23,850
2019 $630 $30,600 $6,750 $23,850
2018 $609 $30,600 $6,750 $23,850
2017 $623 $29,950 $6,075 $23,875
2016 $623 $29,950 $6,075 $23,875
2015 $545 $29,950 $6,075 $23,875
2014 $545 $29,950 $6,075 $23,875
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10070183

Memphis Area Association of REALTORS®

APN: 099-001.01