NOT LISTED FOR SALE

251 Rascaltown Rd Loretto, TN 38469

Estimated Value: $207,000 - $391,000

2 Beds
1 Bath
1,188 Sq Ft
$234/Sq Ft Est. Value

Last Sold February 04, 2022

Last sale price $185,000 $156 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,692/month

35 Days on Market

About This Home

As of February 2022

Beautiful country living close to town!!! 1,188 square feet 2 bedroom 1 bath home located on 12.9 acres. Property is fenced for horses and cattle and two beautiful ponds. Home needs updating but has lots of potential. Large living room, kitchen and laundry room. Can be converted back into a 3 bedroom home. Home has a large 12ft x 24ft deck overlooking the spacious backyard and fields, a carport and a large detached garage. Home being sold as is.

Last Listed By

Angela Purcell

Coldwell Banker Southern Realty License #359085 Listed on: 11/30/2021

Coldwell Banker Southern Realty

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,724

Year Built

1970

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Above Grade Finished Sq Ft: 1188
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Directions: From Loretto traveling south turn left at red light onto E. Main Street. Go 1.6 miles and turn right onto Rascaltown Road. Go 2.5 miles and home is on the right.
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Subdivision Name: N/A
  • Year Built Details: EXIST
  • Special Features: None
  • Stories: 1
  • Year Built: 1970

Interior Features

  • Has Basement: Other
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Finished Wood
  • Main Level Bedrooms: 2

Exterior Features

  • Construction Type: Stone
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Waterfront: No

Garage/Parking

  • Parking Features: Detached, Attached
  • Attached Garage: No
  • Carport Spaces: 1
  • Covered Parking Spaces: 2
  • Garage Spaces: 1
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: South Lawrence Elementary
  • High School: Loretto High School
  • Middle Or Junior School: South Lawrence Elementary

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 579

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2021
Closed on
Feb 4, 2022
Sold by
Denise Fowler Karen
Bought by
Ayers Edward Chay and Ayers Viola Michelle
Seller's Agent
Angela Purcell
Coldwell Banker Southern Realty
Buyer's Agent
Angela Purcell
Coldwell Banker Southern Realty
Sold Price
$185,000
Total Days on Market
35
Current Estimated Value
$277,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,984
Avg. Annual Appreciation
4.40%
Original Mortgage
$180,000
Outstanding Balance
$150,380
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$62,431

Purchase Details

Closed on
Oct 17, 1968
Bought by
Killen Charles K Bonnie

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
Ayers Edward Chay $185,000 White & Betz
Killen Charles K Bonnie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayers Edward Chay $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2022 02/04/22 Sold $185,000 -7.5% $156 / Sq Ft
01/05/2022 01/05/22 Pending -- -- --
01/04/2022 01/04/22 For Sale -- -- --
12/13/2021 12/13/21 Pending -- -- --
11/30/2021 11/30/21 For Sale $200,000 -- $168 / 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 $1,724 $85,725 $12,000 $73,725
2023 $776 $38,600 $12,000 $26,600
2022 $776 $38,600 $12,000 $26,600
2021 $579 $19,575 $6,700 $12,875
2020 $579 $19,575 $6,700 $12,875
2019 $579 $19,575 $6,700 $12,875
2018 $579 $19,575 $6,700 $12,875
2017 $579 $19,575 $6,700 $12,875
2016 $579 $19,575 $6,700 $12,875
2015 $536 $19,575 $6,700 $12,875
2014 $542 $19,775 $6,700 $13,075
Source: Public Records

Agents Affiliated with this Home

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Source: Realtracs

MLS Number: 2314296

Realtracs

APN: 167-027.00