NOT LISTED FOR SALE

226 Wallace Rd Jackson, TN 38301

Westwood Gardens Neighborhood

Estimated Value: $243,000 - $286,000

3 Beds
2 Baths
1,920 Sq Ft
$138/Sq Ft Est. Value

Last Sold September 01, 2021

Last sale price $227,500 $118 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,465/month

About This Home

As of September 2021

This home is located at 226 Wallace Rd, Jackson, TN 38301 since 01 September 2021 and is currently estimated at $265,167, approximately $138 per square foot. This property was built in 1966. 226 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

Riley Ragan

Ragan Realty Group License #349166 Listed on: 09/01/2021

Last Buyer's Agent

Riley Ragan

Ragan Realty Group License #349166 Listed on: 09/01/2021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1966

Lot Details

  • 0.27

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,920 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Utilities

  • Water Heater

Community Details

  • Albert Dotson Subdivision

Listing and Financial Details

  • Assessor Parcel Number 005.00

Home Details

Home Type

Single Family

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Age: 55
  • Class: RESIDENTIAL
  • Group: B
  • Type: Single Family
  • Year Built: 1966
  • New Construction: No
  • Resort: No
  • Subtype: None
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Number Of Stories: 1 1/2
  • Price Per Sq Ft: 118.49
  • Estimated Heated Sq Ft: 1920
  • Estimated Unheated Sq Ft: 618
  • In Law Quarters: No
  • Kitchen Size: 12x12
  • Master Bedroom Level: Main
  • Master Bedroom Size: 13x13
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2

Exterior Features

  • Construction: Brick
  • Waterfront: No
  • Water View: No
  • On Golf Course: No

Garage/Parking

  • Car Storage: 2

Utilities

  • Air Units: 1
  • Water Heater Units: 1

Association/Amenities

  • Gated Community: No

Lot Info

  • Geo Update Timestamp: 9/3/2021 4:37:01 PM
  • Geo Address Line: 226 Wallace Rd
  • Geo Primary City: Jackson
  • Geo Quality: 0.95
  • Geo Subdivision: TN
  • Geo Zoom Level: 16
  • Lot Size: 125X95 COR
  • Map Number: 066F
  • Parcel Number: 005.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2021
Closed on
Jul 8, 2021
Sold by
Hays Vicky Ann
Bought by
Payne Caleb J and Payne Madalyn M
Seller's Agent
Riley Ragan
Ragan Realty Group
Buyer's Agent
Riley Ragan
Ragan Realty Group
List Price
$227,500
Sold Price
$227,500
Current Estimated Value
$265,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,667
Avg. Annual Appreciation
3.60%
Original Mortgage
$223,378
Outstanding Balance
$201,358
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$63,809

Purchase Details

Listed on
Jul 29, 2015
Closed on
Dec 18, 2015
Sold by
Sojo Jackson Llc
Bought by
Hays Vicky Ann
Seller's Agent
Jodie Parrish
RE/MAX Realty Source
Buyer's Agent
Tami Reid
Hickman Realty Group Inc.-Jack
List Price
$129,900
Sold Price
$124,000
Premium/Discount to List
-$5,900
-4.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.21%
Original Mortgage
$117,800
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2014
Sold by
Bradford Ken
Bought by
Sojo Jackson Llc

Purchase Details

Closed on
Sep 22, 2011
Sold by
Kelly Leyton D
Bought by
Bradford Ken and Bradford Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 15, 2011
Sold by
James M
Bought by
Kelly Leyton D and Marion Kelly G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 12, 2006
Sold by
Marion Kelly James
Bought by
Etal Kelly Leyton D

Purchase Details

Closed on
Jan 1, 1974
Bought by
Kelly James M
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
Payne Caleb J $227,500 None Available
Hays Vicky Ann $124,000 --
Sojo Jackson Llc $15,000 --
Bradford Ken $75,000 --
Kelly Leyton D -- --
Etal Kelly Leyton D -- --
Kelly James M $37,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Payne Caleb J $223,378
Previous Owner Hays Vicky Ann $117,800
Previous Owner Bradford Ken $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/01/2021 09/01/21 Sold $227,500 0.0% $118 / Sq Ft
09/01/2021 09/01/21 For Sale $227,500 +83.5% $118 / Sq Ft
08/01/2021 08/01/21 Pending -- -- --
12/18/2015 12/18/15 Sold $124,000 -4.5% $65 / Sq Ft View Prior Sale
11/14/2015 11/14/15 Pending -- -- --
07/29/2015 07/29/15 For Sale $129,900 -- $68 / 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 $956 $51,050 $5,500 $45,550
2024 $956 $51,050 $5,500 $45,550
2022 $1,779 $51,050 $5,500 $45,550
2021 $1,457 $33,775 $3,300 $30,475
2020 $1,457 $33,775 $3,300 $30,475
2019 $1,457 $33,775 $3,300 $30,475
2018 $1,457 $33,775 $3,300 $30,475
2017 $1,432 $32,450 $3,300 $29,150
2016 $1,335 $32,450 $3,300 $29,150
2015 $1,334 $32,450 $3,300 $29,150
2014 $917 $22,300 $3,300 $19,000
Source: Public Records

Agents Affiliated with this Home

  • Riley Ragan

    Seller's Agent in 2021

    Riley Ragan

    Ragan Realty Group

    (731) 487-4297

    8 in this area

    216 Total Sales

    Riley Ragan
    Section Image
  • Jodie Parrish

    Seller's Agent in 2015

    Jodie Parrish

    RE/MAX

    (731) 343-2121

    15 in this area

    419 Total Sales

    Jodie Parrish
    Section Image
  • Tami Reid

    Buyer's Agent in 2015

    Tami Reid

    Hickman Realty Group Inc.-Jack

    (731) 616-6000

    4 in this area

    941 Total Sales

    Tami Reid
    Section Image
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Map

Source: Central West Tennessee Association of REALTORS®

MLS Number: 208972

Central West Tennessee Association of REALTORS®

APN: 066F-B-005.00

Tennessee Madison County Jackson 38301 Westwood Gardens

226 Wallace Rd, Jackson, TN

Not Listed for Sale

Detached

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