NOT LISTED FOR SALE

235 Rackley Rd Goodspring, TN 38460

Estimated Value: $433,000 - $528,045

Studio
1 Bath
1,920 Sq Ft
$250/Sq Ft Est. Value

Last Sold May 26, 2024

Last sale price $525,000 $273 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,551/month

51 Days on Market

Highlights

  • Home fronts a creek
  • Level Lot
  • Farm
  • 78.9 Acre Lot
  • No Heating

About This Home

As of May 2024

Land tracts like this one are hard to come by! 79+/- beautiful acres with 30+ acres of productive cropland ~ Property is located on both sides of Rackley Rd with 1973' frontage on 22 acres and 1840' of frontage on 56 acres ~ Two large spring-fed ponds and Shannon Creek at rear of property on Shores Rd ~ This tract is mostly flat with slope at rear down to Shores Rd ~ Nice hardwood timber in woodlands area of property ~ Long road frontage presents good opportunity for potential residential development ~ Cropland has been in production for past few years and seller will provide contact info for individual that has been farming the property ~ One hour to Huntsville airport and 1 1/2 hrs. to Nashville airport ~ 20 minutes to Pulaski - See links and documents section

Last Agent to Sell the Property

Chuck Simpson

Onward Real Estate Brokerage Phone: 6159739986 License #318473 Listed on: 03/13/2024

Onward Real Estate

Last Buyer's Agent

Aaron Blackhurst

Keller Williams Realty License #359186

Keller Williams Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $407

Lot Details

  • 78.9 Acre Lot
  • Home fronts a creek
  • Home fronts a pond
  • Property fronts a county road
  • Level Lot
  • Property is zoned Agri

Home Design

  • Farm

Interior Spaces

  • Property has 3 Levels

Schools

  • Minor Hill Elementary And Middle School
  • Giles Co High School

Utilities

  • No Cooling
  • No Heating
  • Septic Tank

Community Details

  • Simmons Property Subdivision

Listing and Financial Details

  • Assessor Parcel Number 128 01900 000

Property Details

Property Type

Other

Est. Annual Taxes

$407

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: Other

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: Asphalt
  • View: No
  • Waterfront Features: Creek, More than 1 Pond
  • Waterfront: No

Garage/Parking

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

Utilities

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

Lot Info

  • Zoning: Agri
  • Cultivated Acreage: 30
  • Lot Features: Level, Rolling Slope
  • Lot Size Acres: 78.9
  • Lot Size Units: Acres
  • Parcel #: 128 01900 000
  • Property Attached Yn: No
  • Wooded Area: 49
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 407

MLS Schools

  • Elementary School: Minor Hill School
  • High School: Giles Co High School
  • Middle Or Junior School: Minor Hill School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2024
Closed on
Jun 20, 2024
Sold by
Mcgee John and Mcgee Donna
Bought by
John Stephen & Donna Mcgee Revocable Trust and Mcgee
Seller's Agent
Chuck Simpson
Onward Real Estate
Buyer's Agent
Aaron Blackhurst
Keller Williams Realty
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%
Views
82
Current Estimated Value
$480,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$44,477
Avg. Annual Appreciation
-5.35%

Purchase Details

Listed on
Mar 13, 2024
Closed on
May 23, 2024
Sold by
Simmons Tera T and Simmons Franklin S
Bought by
Mcgee John and Mcgee Donna
Seller's Agent
Chuck Simpson
Onward Real Estate
Buyer's Agent
Aaron Blackhurst
Keller Williams Realty
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%
Views
82

Purchase Details

Listed on
Dec 15, 2020
Closed on
Feb 25, 2021
Sold by
Bell Faye
Bought by
Simmons Tera T and Simmons Franklin S
Seller's Agent
Nathaniel Bass
Bass & Ingram Realty
Buyer's Agent
Chuck Simpson
Onward Real Estate
List Price
$325,000
Sold Price
$309,000
Premium/Discount to List
-$16,000
-4.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.95%
Original Mortgage
$262,650
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 1987
Bought by
Bell Arthur W and Bell Faye
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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Purchase History

Date Buyer Sale Price Title Company
John Stephen & Donna Mcgee Revocable Trust -- Realty Title
Mcgee John $525,000 Realty Title
Simmons Tera T $309,000 Stewart Title Company
Bell Arthur W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simmons Tera T $262,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/26/2024 05/26/24 Sold $525,000 -4.5% $273 / Sq Ft
05/03/2024 05/03/24 Pending -- -- --
03/13/2024 03/13/24 For Sale $550,000 +78.0% $286 / Sq Ft
03/10/2021 03/10/21 Sold $309,000 -4.9% $161 / Sq Ft View Prior Sale
01/04/2021 01/04/21 Pending -- -- --
12/15/2020 12/15/20 For Sale $325,000 -- $169 / 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
2025 $465 $20,175 $0 $0
2024 $401 $20,175 $19,975 $200
2023 $401 $20,500 $20,300 $200
2022 $407 $20,500 $20,300 $200
2021 $935 $33,100 $18,300 $14,800
2020 $907 $32,100 $18,300 $13,800
2019 $907 $32,100 $18,300 $13,800
2018 $907 $32,100 $18,300 $13,800
2017 $907 $32,100 $18,300 $13,800
2016 $747 $25,150 $14,475 $10,675
2015 $697 $25,150 $14,475 $10,675
2014 $697 $25,156 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2629406

Realtracs

APN: 128-019.00