NOT LISTED FOR SALE

228 Switzerland Rd Hohenwald, TN 38462

Estimated Value: $358,081 - $488,000

42 Acres
$10,423 Price per Acre
1,829,520 Sq Ft Lot

Last Sold April 20, 2023

Last sale price $80,000 $32 Per Sq Ft

Est. 447% increase in value since last sale

Current estimated payment $2,397/month

214 Days on Market

Highlights

  • 42 Acre Lot
  • Paved or Partially Paved Lot
  • No Heating

About This Lot

As of April 2023

REDUCED - 42 +/- agricultural acres in the beautiful country side. Several ideal spots for building a dream home! Plenty of room for horses or livestock. The majority of this property is open pasture with a small portion being wooded. Perfect location for hobby farming, gardening, and raising a family. Beautiful countryside view.

Last Agent to Sell the Property

Wayne Tiller

Crye-Leike, Inc., REALTORS License # 239281 Listed on: 09/10/2022

Crye-Leike, Inc., REALTORS

Co-Listed By

Tim Tiller

Crye-Leike, Inc., REALTORS License # 285939

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Tim Tiller

Crye-Leike, Inc., REALTORS License # 285939

Crye-Leike, Inc., REALTORS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $813

Lot Details

  • 42 Acre Lot
  • Property fronts a county road
  • Paved or Partially Paved Lot
  • Property is zoned Ag

Interior Spaces

  • Property has 3 Levels

Schools

  • Lewis County Elementary School
  • Lewis County Middle School
  • Lewis Co High School

Listing and Financial Details

  • Assessor Parcel Number 053 02101 000

Property Details

Property Type

Land

Est. Annual Taxes

$813

Lot Details

0

Listing Details

  • Prop. Type: Farm
  • Habitable Residence: No
  • Inclusions: LAND
  • Unit Levels: Three Or More
  • ResoPropertyType: Farm
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Fireplace: No
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: None
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: No

Lot Info

  • Zoning: Ag
  • Lot Size Acres: 42
  • Lot Size Units: Acres
  • Parcel #: 053 02101 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 813

MLS Schools

  • Elementary School: Lewis County Elementary
  • High School: Lewis Co High School
  • Middle Or Junior School: Lewis County Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2022
Closed on
Nov 23, 2022
Sold by
Potts Mckenzie
Bought by
Balsbaugh Brandon Lee and Balsbaugh Amanda Onda
Seller's Agent
Wayne Tiller
Crye-Leike, Inc., REALTORS
Buyer's Agent
Carole Willoughby
Keller Williams Realty
List Price
$425,000
Sold Price
$340,000
Premium/Discount to List
-$85,000
-20%
Views
117
Current Estimated Value
$437,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,770
Avg. Annual Appreciation
9.45%
Original Mortgage
$150,000
Outstanding Balance
$145,751
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$292,019

Purchase Details

Closed on
Sep 24, 2021
Sold by
Potts Teresa Ann and Warren Dolly Elizabeth
Bought by
Osborne Emily and Osborne Trevor

Purchase Details

Closed on
Aug 4, 2016
Sold by
Landrum James Michael
Bought by
Osborne Trevor and Osborne Emily

Purchase Details

Closed on
Sep 21, 1994
Sold by
Landrum Alice F
Bought by
Landrum James M

Purchase Details

Closed on
Jan 9, 1991

Purchase Details

Closed on
Jul 9, 1973
Source: Public Records

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
Balsbaugh Brandon Lee $340,000 Assure Title
Osborne Emily -- None Available
Osborne Trevor -- --
Landrum James M -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balsbaugh Brandon Lee $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2023 04/20/23 Sold $80,000 -60.0% $32 / Sq Ft
04/13/2023 04/13/23 Pending -- -- --
03/20/2023 03/20/23 For Sale $200,000 0.0% $79 / Sq Ft
02/16/2023 02/16/23 Pending -- -- --
02/06/2023 02/06/23 Price Changed $200,000 -33.3% $79 / Sq Ft
02/06/2023 02/06/23 For Sale $300,000 0.0% $119 / Sq Ft
01/27/2023 01/27/23 Price Changed $300,000 +400.0% $119 / Sq Ft
01/27/2023 01/27/23 Price Changed $60,000 -80.0% $24 / Sq Ft
01/26/2023 01/26/23 Pending -- -- --
01/10/2023 01/10/23 Price Changed $300,000 -13.0% $119 / Sq Ft
12/16/2022 12/16/22 Price Changed $345,000 -8.0% $137 / Sq Ft
11/12/2022 11/12/22 Price Changed $375,000 +25.0% $149 / Sq Ft
09/10/2022 09/10/22 For Sale $300,000 -- $119 / 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 $778 $41,325 $7,250 $34,075
2023 $924 $41,325 $7,250 $34,075
2022 $924 $49,050 $14,975 $34,075
2021 $961 $43,175 $14,975 $28,200
2020 $977 $51,875 $22,100 $29,775
2019 $1,019 $44,400 $19,475 $24,925
2018 $1,012 $44,125 $19,200 $24,925
2017 $1,035 $44,125 $19,200 $24,925
2016 $1,019 $45,125 $20,200 $24,925
2015 -- $44,400 $19,475 $24,925
2014 -- $44,400 $19,475 $24,925
2013 -- $41,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2437743

Realtracs

APN: 053-021.01