NOT LISTED FOR SALE

20821 State Line Rd Ardmore, TN 38449

Estimated Value: $253,121

2 Acres
$126,560 Price per Acre
87,120 Sq Ft Lot

Last Sold June 26, 2020

Last sale price $165,000 $75 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,510/month

118 Days on Market

About This Lot

As of June 2020

Incredible opportunity to purchase a turn-key business or a chance to start your own income producing venture. Property is currently used as a established bar but could easily be converted to a restaurant, car lot or office with your own creative genius at the wheel! Well maintained property features, covered out-door seating, hand-made bar top, 2 bathrooms, on 2 prime acres with road frontage . Land could possibly be re-zoned residential to build a home. Right across the State Line.

Last Listed By

Brooke Rozell

Capstone Realty License #349749 Listed on: 11/01/2019

Capstone Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,100

Year Built

  • 1998

Lot Details

  • 2 Acre Lot
  • Property fronts a county road
  • Paved or Partially Paved Lot
  • Level Lot
  • Property is zoned com

Schools

  • Blanche Elementary And Middle School
  • Fayetteville High School

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 166 00301 000

Property Details

Property Type

Land

Est. Annual Taxes

$1,100

Year Built

1998

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Inclusions: SUPPL,LDBLG
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1998

Interior Features

  • Other Equipment: Other

Exterior Features

  • Pool Private: No
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Topography: LEVEL
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Private
  • Cooling Y N: No
  • Heating Yn: No

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time

Lot Info

  • Zoning: com
  • Lot Size Acres: 2
  • Lot Size Units: Acres
  • Parcel #: 166 00301 000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1100

MLS Schools

  • Elementary School: Blanche School
  • High School: Fayetteville High
  • Middle Or Junior School: Blanche School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2019
Closed on
Jun 25, 2020
Sold by
Wilburn Stanley and Wilburn Teresa Kay
Bought by
Middle O Nowhere Llc
Seller's Agent
Brooke Rozell
Capstone Realty
Buyer's Agent
Roy Lane
Guardian Real Estate Group
List Price
$199,000
Sold Price
$165,000
Premium/Discount to List
-$34,000
-17.09%
Total Days on Market
118
Current Estimated Value
$253,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,121
Avg. Annual Appreciation
9.31%
Original Mortgage
$132,000
Outstanding Balance
$97,483
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$156,809

Purchase Details

Closed on
Sep 17, 1996
Bought by
Wilburn Stanley and Wilburn Teresa Kay

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
Middle O Nowhere Llc $165,000 None Available
Middle O Nowhere Llc $165,000 None Available
Wilburn Stanley $5,000 --
Wilburn Stanley $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Middle O Nowhere Llc $132,000
Closed Middle O Nowhere Llc $132,000
Previous Owner Wilburn Stanley $35,781
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2020 06/26/20 Sold $165,000 -17.1% $75 / Sq Ft
02/27/2020 02/27/20 Pending -- -- --
11/01/2019 11/01/19 For Sale $199,000 -- $90 / 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 $1,201 $63,200 $16,560 $46,640
2023 $1,289 $44,720 $9,480 $35,240
2022 $940 $44,720 $9,480 $35,240
2021 $940 $44,720 $9,480 $35,240
2020 $1,101 $44,720 $9,480 $35,240
2019 $1,101 $52,360 $17,120 $35,240
2018 $1,073 $43,280 $10,000 $33,280
2017 $1,013 $43,280 $10,000 $33,280
2016 $1,013 $43,280 $10,000 $33,280
2015 -- $43,280 $10,000 $33,280
2014 $848 $43,280 $10,000 $33,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2096205

Realtracs

APN: 166-003.01