NOT LISTED FOR SALE

2435 Pennington Rd Gates, TN 38037

Estimated Value: $191,000 - $294,000

3 Beds
2 Baths
1,560 Sq Ft
$151/Sq Ft Est. Value

Last Sold October 31, 2016

Last sale price $125,500 $80 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $1,318/month

26 Days on Market

About This Home

As of October 2016

Nice 3 bed 2 Bath on 2 acres in Great location on Lauderdale County. Spacious Den and Master make this one special. Above the ground pool with a nice deck are icing on the cake. Call Chris(731-413-0408) today to schedule your showing.

Last Agent to Sell the Property

Chris Hurt

Hurt Land and Realty License #302755 Listed on: 08/16/2016

Last Buyer's Agent

Chris Hurt

Hurt Land and Realty License #302755 Listed on: 08/16/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $848

Year Built

  • Built in 1991

Lot Details

  • 2

Parking

  • 2 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 039 016.04

Home Details

Home Type

Single Family

Est. Annual Taxes

$848

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Age: 25
  • Class: RESIDENTIAL
  • Type: Single Family
  • Year Built: 1991
  • New Construction: No
  • Resort: No
  • Subtype: None
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Number Of Stories: 1
  • Price Per Sq Ft: 83.27
  • Estimated Heated Sq Ft: 1560
  • Estimated Unheated Sq Ft: 652
  • In Law Quarters: No
  • Kitchen Size: 12x14
  • Master Bedroom Level: Main
  • Master Bedroom Size: 15x16
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2

Exterior Features

  • Construction: Vinyl Siding
  • 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: 11/8/2016 2:24:42 AM
  • Geo Address Line: 2435 Pennington Rd
  • Geo Primary City: Gates
  • Geo Quality: 0.95
  • Geo Secondary City: Lauderdale Co.
  • Geo Subdivision: TN
  • Geo Zoom Level: 16
  • Lot Size: 120x580
  • Map Number: 039
  • Parcel Number: 039 016.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2016
Closed on
Oct 31, 2016
Sold by
Mountjoy James E
Bought by
Wright Thomas and Wright Emily
Seller's Agent
Chris Hurt
Hurt Land and Realty
Buyer's Agent
Chris Hurt
Hurt Land and Realty
List Price
$129,900
Sold Price
$125,500
Premium/Discount to List
-$4,400
-3.39%
Current Estimated Value
$236,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,582
Avg. Annual Appreciation
5.15%
Original Mortgage
$102,000
Outstanding Balance
$67,335
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$128,732

Purchase Details

Closed on
Sep 17, 2009
Sold by
Buckner Jerry
Bought by
Mountjoy James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,279
Interest Rate
5.11%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 2009
Sold by
Welch Vernon L
Bought by
Buckner Jerry

Purchase Details

Closed on
May 14, 2004
Sold by
Kenneth Bridges
Bought by
Welch Vernon L

Purchase Details

Closed on
Nov 7, 1996
Sold by
William Schumacher and William Renee
Bought by
Kenneth Bridges and Kenneth Lucinda

Purchase Details

Closed on
Dec 14, 1994
Bought by
Schumacher William & Renee %1St Tenn Bank Nat

Purchase Details

Closed on
Apr 1, 1993
Bought by
Gwaltney Terry and Gwaltney Cassandra

Purchase Details

Closed on
May 17, 1991
Bought by
Gwaltney Terry and Gwaltney Cassandra
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
Wright Thomas $125,500 --
Mountjoy James E $95,000 --
Buckner Jerry $36,454 --
Welch Vernon L $114,000 --
Kenneth Bridges $86,000 --
Schumacher William & Renee %1St Tenn Bank Nat $76,500 --
Gwaltney Terry -- --
Gwaltney Terry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Thomas $102,000
Previous Owner Mountjoy James $15,584
Previous Owner Gwaltney Terry $93,279
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2016 10/31/16 Sold $125,500 -3.4% $80 / Sq Ft
09/11/2016 09/11/16 Pending -- -- --
08/16/2016 08/16/16 For Sale $129,900 -- $83 / 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
2024 $848 $33,375 $3,750 $29,625
2023 $848 $33,375 $3,750 $29,625
2022 $848 $33,375 $3,750 $29,625
2021 $848 $33,375 $3,750 $29,625
2020 $811 $33,375 $3,750 $29,625
2019 $755 $25,550 $3,000 $22,550
2018 $755 $25,550 $3,000 $22,550
2017 $760 $25,550 $3,000 $22,550
2016 $655 $25,550 $3,000 $22,550
2015 $701 $22,025 $3,000 $19,025
2014 $701 $24,175 $3,175 $21,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central West Tennessee Association of REALTORS®

MLS Number: 173936

Central West Tennessee Association of REALTORS®

APN: 039-016.04