NOT LISTED FOR SALE

Estimated Value: $168,000 - $180,000

3 Beds
1.5 Baths
1,162 Sq Ft
$151/Sq Ft Est. Value

Last Sold April 06, 2018

Last sale price $58,000 $50 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $957/month

2 Days on Market

Highlights

  • Wood Flooring
  • Bathtub with Shower
  • Attached Carport
  • Screened Porch
  • 1-Story Property
  • Central Air

About This Home

As of April 2018

This home is located at 196 Wallace Rd, Jackson, TN 38301 since 07 March 2018 and is currently estimated at $174,908, approximately $150 per square foot. This property was built in 1975. 196 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.

Last Agent to Sell the Property

Teresa Wade

Haltom Real Estate Group License #208030 Listed on: 03/07/2018

Last Buyer's Agent

Tony Neihoff

RE/MAX Realty Source License #303762

RE/MAX Realty Source

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1975

Lot Details

  • 0.28

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,162 Sq Ft Home
  • 1-Story Property
  • Ceiling height between 8 to 10 feet
  • Ceiling Fan
  • Screened Porch
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Electric Oven or Range
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Attached Carport

Outdoor Features

  • Private Mailbox

Utilities

  • Central Air
  • Water Heater

Community Details

  • Oakmont Development Subdivision

Listing and Financial Details

  • Assessor Parcel Number 005.00

Home Details

Home Type

Single Family

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Age: 43
  • Class: RESIDENTIAL
  • Type: Single Family
  • Year Built: 1975
  • New Construction: No
  • Resort: No
  • Subtype: None
  • Deed: 655
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Floors: Carpet/Vinyl/Hardwood
  • Number Of Stories: 1
  • Price Per Sq Ft: 58.95
  • Estimated Heated Sq Ft: 1162
  • Appliances: Dryer | Washer | Refrigerator
  • Estimated Unheated Sq Ft: 456
  • Attic Type: Pull Down Stairs
  • Bedroom 2 Level: M
  • Bedroom 2 Size: 11x11
  • Bedroom 3 Level: M
  • Bedroom 3 Size: 11x13
  • Countertops: Formica (Plastic)
  • In Law Quarters: No
  • Internal Features: Ceiling Fan(s) | Washer/Dryer Connection
  • Kitchen Level: M
  • Kitchen Size: 13x9
  • Laundry Room Level: M
  • Laundry Room Size: 5x6
  • Living Room Level: M
  • Living Room Size: 22x11
  • Primary Bathroom: Tub Shower Combo
  • Master Bedroom Level: Main
  • Master Bedroom Level2: M
  • Master Bedroom Size: 11x13
  • Number Of Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Range Ovens: Range/Oven-Electric

Exterior Features

  • Construction: Brick and Other
  • Foundation: Crawl Space
  • Waterfront: No
  • Water View: No
  • Decks Patio Porches: Screened Porch
  • External Features: Mail Box
  • On Golf Course: No
  • Roof: Composite Shingle

Garage/Parking

  • Car Storage: 1
  • Garage Type: Attached Carport

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: 4/7/2018 2:35:59 PM
  • Geo Address Line: 196 Wallace Rd
  • Geo Primary City: Jackson
  • Geo Quality: 0.95
  • Geo Secondary City: Madison County
  • Geo Subdivision: TN
  • Geo Zoom Level: 16
  • Lot Size: 80x150
  • Map Number: 066F
  • Parcel Number: 005.00
  • Page Number: 963

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2019
Sold by
S & L Rental Properties Llc
Bought by
Krasner Brett and Krasner Rhonda
Current Estimated Value
$174,908

Purchase Details

Listed on
Mar 7, 2018
Closed on
Apr 6, 2018
Sold by
Hinton Marcus
Bought by
S & L Rental Properties Llc
Seller's Agent
Teresa Wade
Haltom Real Estate Group
Buyer's Agent
Tony Neihoff
RE/MAX Realty Source
List Price
$68,500
Sold Price
$58,000
Premium/Discount to List
-$10,500
-15.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.31%
Original Mortgage
$58,000
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 2, 2004
Sold by
Whetstone Christopher B
Bought by
Marcus Hinton

Purchase Details

Closed on
May 18, 1998
Bought by
Whetstone Christopher B

Purchase Details

Closed on
Jun 30, 1994
Sold by
Robert Morford
Bought by
Anne Hudson Jo

Purchase Details

Closed on
Sep 28, 1990
Bought by
Morford Robert C

Purchase Details

Closed on
Mar 1, 1963
Bought by
O'Dell James B and O'Dell Sara
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Krasner Brett $75,000 None Available
S & L Rental Properties Llc $58,000 None Available
Marcus Hinton $75,000 --
Whetstone Christopher B $67,500 --
Anne Hudson Jo -- --
Morford Robert C $58,000 --
O'Dell James B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner S & L Rental Properties Llc $58,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2018 04/06/18 Sold $58,000 -15.3% $50 / Sq Ft
03/09/2018 03/09/18 Pending -- -- --
03/07/2018 03/07/18 For Sale $68,500 -- $59 / 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
2025 $523 $27,925 $5,000 $22,925
2024 $523 $27,925 $5,000 $22,925
2022 $973 $27,925 $5,000 $22,925
2021 $760 $17,625 $2,750 $14,875
2020 $760 $17,625 $2,750 $14,875
2019 $760 $17,625 $2,750 $14,875
2018 $760 $17,625 $2,750 $14,875
2017 $767 $17,375 $2,750 $14,625
2016 $715 $17,375 $2,750 $14,625
2015 $721 $17,525 $2,750 $14,775
2014 $721 $17,525 $2,750 $14,775
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central West Tennessee Association of REALTORS®

MLS Number: 181715

Central West Tennessee Association of REALTORS®

APN: 066F-G-005.00