NOT LISTED FOR SALE

228 Elrod Ln Gainesboro, TN 38562

Estimated Value: $258,000 - $437,584

3 Beds
3 Baths
2,646 Sq Ft
$142/Sq Ft Est. Value

Last Sold August 10, 2020

Last sale price $183,260 $69 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $2,138/month

Highlights

  • Barn
  • Home fronts a pond
  • New Flooring
  • Horse Property
  • Waterfall on Lot
  • 180 Acre Lot

About This Home

As of August 2020

NO restrictions!! Located on a private dead end lane. The best mountain views you will ever find. Very hard to find this much beautiful acreage. 180+/- acres, like new custom home. 3 bedroom, 3 baths, beautiful hand carved cedar beams, large open kitchen and formal dining room, loaded with storage extra 900 sq ft. Basement finished not included in sq ft. Large covered deck with ceiling fans. Just the right amount of pasture and woods. 8 natural springs, 5 fresh water ponds, so many beautiful mountain views and building sites to choose from. Young timber and loaded with walnut trees. Fencing and cross fencing. Roads throughout the property to every ridge. Loft barns, pole barns, tobacco barn, sheds. Great horse or cattle farm. Bonus horse or hunting camp and cabin on upper side of property. You will fall in love with the peacefullness this property offers. Owner is willing to separate and sell home and 5 acres separately for $550,000.00

Last Agent to Sell the Property

Elaina Morgan

True Blue Realty, LLC Brokerage Phone: 9315598783 License #00315326 Listed on: 11/06/2019

Last Buyer's Agent

Elaina Morgan

True Blue Realty, LLC Brokerage Phone: 9315598783 License #00315326 Listed on: 11/06/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,415

Year Built

  • Built in 2014

Lot Details

  • 180 Acre Lot
  • Home fronts a pond
  • Landscaped with Trees
  • Garden

Home Design

  • Newly Painted Property
  • Brick Exterior Construction
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,646 Sq Ft Home
  • 2-Story Property
  • New Flooring
  • Laundry on main level
  • Property Views

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Attached Carport

Outdoor Features

  • Property is near a spring
  • Horse Property
  • Waterfall on Lot

Farming

  • Barn
  • Farm

Utilities

  • Central Heating and Cooling System
  • Natural Gas Not Available
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 014.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,415

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Attribution Contact: 9315598783
  • Directions: From JCCH L on Hwy 56, R on 135, R on Elrod. Property at deadend
  • Unit Levels: Two
  • Prop. Type: Residential
  • Year Built: 2014
  • Property Sub Type: Site Built w/Acreage
  • Horses: Yes
  • Lot Size Acres: 180
  • Lot Size: See Acreage
  • Subdivision Name: None
  • Carport Y N: Yes
  • Garage Yn: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Electric Range, Refrigerator, Electric Oven
  • Flooring: New Floor Covering, Hardwood, Tile, Carpet
  • Interior Amenities: New Paint
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Living Area: 2646

Exterior Features

  • Exterior Features: Horses Allowed, Garden
  • Roof: Metal
  • Lot Features: Horse Property, Farm, Trees, Waterfall
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: Spring, Pond
  • Construction Type: Frame, Block, Brick
  • Other Structures: Barn(s)

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Parking Features: Attached Carport
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers, UCEMC
  • Heating: Central
  • Gas Company: N/A
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Natural Gas Not Available
  • Water Source: Utility District, Gainesboro

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 7840800
  • Farm Land Area Units: Square Feet
  • Parcel #: 014.00
  • Irrigation Water Rights: No

Tax Info

  • Tax Annual Amount: 2415.44
  • Tax Book Number: H-3
  • Tax Map Number: 061

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2021
Sold by
Elrod Donal and Elrod Donald
Bought by
Lioyed Charles Allen and Lioyed Kathryn Marie
Current Estimated Value
$360,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Outstanding Balance
$86,942
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$250,854

Purchase Details

Listed on
Nov 6, 2019
Closed on
Aug 14, 2020
Sold by
Elrod Donal and Elrod Donald
Bought by
Copus Charles N and Shearin Melisa K
Seller's Agent
Elaina Morgan
True Blue Realty, LLC
Buyer's Agent
Elaina Morgan
True Blue Realty, LLC
Sold Price
$183,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.01%
Original Mortgage
$39,197
Interest Rate
2.9%
Mortgage Type
Unknown

Purchase Details

Listed on
Nov 6, 2019
Closed on
Aug 11, 2020
Sold by
Elrod Donal and Elrod Wilma Sue
Bought by
Lloyd Charles Allen and Lloyd Kathryn Marie
Seller's Agent
Elaina Morgan
True Blue Realty, LLC
Buyer's Agent
Elaina Morgan
True Blue Realty, LLC
Sold Price
$183,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,197
Interest Rate
2.9%
Mortgage Type
Unknown

Purchase Details

Listed on
Nov 6, 2019
Closed on
Jul 10, 2020
Sold by
Elrod Donal and Elrod Donald
Bought by
Copus Frank and Copus Tammy
Seller's Agent
Elaina Morgan
True Blue Realty, LLC
Buyer's Agent
Elaina Morgan
True Blue Realty, LLC
Sold Price
$183,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,197
Interest Rate
2.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 6, 1986
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
Lioyed Charles Allen $100,000 None Available
Copus Charles N $129,910 None Available
Lloyd Charles Allen $53,350 None Available
Copus Frank $125,000 None Available
-- $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lioyed Charles Allen $95,000
Previous Owner Lloyd Charles Allen $39,197
Previous Owner Copus Frank $100,000
Previous Owner Donald Elrod $90,249
Previous Owner Donald Elrod $75,000
Previous Owner Donald Elrod $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2020 08/10/20 Sold $183,260 0.0% $69 / Sq Ft
01/01/1970 01/01/70 Off Market $183,260 -- --
Source: Upper Cumberland 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 $1,948 $76,400 $6,900 $69,500
2023 $1,948 $76,400 $6,900 $69,500
2022 $1,718 $76,400 $6,900 $69,500
2021 $1,776 $76,400 $6,900 $69,500
2020 $2,415 $79,000 $9,500 $69,500
2019 $2,415 $86,575 $26,700 $59,875
2018 $2,415 $86,575 $26,700 $59,875
2017 $2,415 $86,575 $26,700 $59,875
2016 $2,424 $86,825 $26,700 $60,125
2015 $2,561 $89,850 $29,725 $60,125
2014 $841 $29,525 $23,725 $5,800
Source: Public Records

Agents Affiliated with this Home

  • Elaina Morgan

    Seller's Agent in 2020

    Elaina Morgan

    True Blue Realty, LLC

    (931) 252-0932

    303 Total Sales

    Section Image

  • O

    Buyer Co-Listing Agent in 2020

    Other Other Non Realtor

    Other Non Member Office

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Map

Source: Upper Cumberland Association of REALTORS®

MLS Number: 194784

Upper Cumberland Association of REALTORS®

APN: 061-014.00

Tennessee Jackson County Gainesboro 38562

228 Elrod Ln, Gainesboro, TN

This home is located at 228 Elrod Ln, Gainesboro, TN 38562 since 06 November 2019 and is currently estimated at $376,146, approximately $142 per square foot. This property was built in 2014. 228 Elrod Ln is a home located in Jackson County with nearby schools including Jackson County High School.

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