NOT LISTED FOR SALE

2517 Main St Palmer, TN 37365

Estimated Value: $52,000 - $64,000

3 Beds
1 Bath
1,136 Sq Ft
$50/Sq Ft Est. Value

Last Sold June 06, 2024

Last sale price $50,000 $44 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $314/month

268 Days on Market

Highlights

  • Barn
  • No HOA
  • Views
  • Open Floorplan
  • Porch
  • Laundry Room

About This Home

As of June 2024

This Country Setting offers so much potential with its Rolling Hills echoing the peacefulness of home. Unfortunately, house burned and no longer standing. But, the grounds are definitely ready for a small-hobby farmer with storage buildings and an open carport. There is perimeter and cross-fencing on the property. The small-farmer gentleman who once resided here had his work mules in the barn he built along with milking goats that provided goats' milk to many local residents. Property also includes an extra lot (Parcel ID 075GB 008.00) that is 0.42 acres, so property total is 2.2 acres. Information is deemed important but not guaranteed. Buyer advised to verify any or all information they deem important. **Price Reduction due to extensive fire that destroyed the home.

Last Agent to Sell the Property

Gail Richards

Crye-Leike, REALTORS License #340301 Listed on: 02/23/2024

Crye-Leike, REALTORS

Last Buyer's Agent

Gail Richards

Crye-Leike, REALTORS License #340301 Listed on: 02/23/2024

Crye-Leike, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $309

Year Built

  • Built in 1918

Lot Details

  • 1.8 Acre Lot
  • Rural Setting
  • Fenced
  • Gentle Sloping Lot
  • Additional Parcels
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

Parking

  • Carport

Home Design

  • Pillar, Post or Pier Foundation
  • Shingle Roof

Interior Spaces

  • 1,136 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vinyl Clad Windows
  • Linoleum Flooring
  • Free-Standing Electric Range
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC

Outdoor Features

  • Outbuilding
  • Porch

Schools

  • Palmer Elementary School
  • Grundy County Middle School
  • Grundy County High School

Farming

  • Barn

Utilities

  • Central Heating and Cooling System
  • High-Efficiency Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Palmer Subdivision

Listing and Financial Details

  • Assessor Parcel Number 075g B 007.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$309

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.8
  • Lot Size: 1.8 acres
  • Subdivision Name: Palmer
  • Directions: From Chattanooga take I-24 W to exit 155. Follow Hwy 28 for 12 miles. Continue to Palmer City Limits until you reach the Palmer Medical Clinic on the left, house will be across the street on right.
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1136.0
  • New Construction: No
  • Efficiency: Appliances, HVAC, Water Heater
  • Structure Type: Free Standing Building
  • Year Built: 1918
  • Cooling:Electric: Yes
  • Appliances Refrigerators: Yes
  • Location Tax and Legal Parcel Number2: 075g B 007.00
  • Location Tax and Legal Elementary School: Palmer Elementary
  • Location Tax and Legal Middle Or Junior School2: Grundy County Middle
  • Location Tax and Legal High School: Grundy County High
  • Location Tax and Legal:Tax Annual Amount: 308.73
  • Location Tax and Legal Additional Parcels YN: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Grazing Permits BLM YN3: No
  • General Property Information Carport YN: Yes
  • General Property Information Lot Size Acres: 1.8
  • General Property Information Lot Size Square Feet2: 78408.0
  • General Property Information Lot Size Dimensions: 1.8 acres
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • General Property Information Senior Community YN: No
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Utilities Phone Available: Yes
  • Levels:One: Yes
  • General Property Information Attached Carport YN2: No
  • Fencing Fenced: Yes
  • Laundry Features Laundry Room: Yes
  • Interior Features Separate Shower: Yes
  • Flooring:Linoleum: Yes
  • Lot Features Rural: Yes
  • Other Structures:Out Building: Yes
  • Foundation Details PillarPostPier: Yes
  • Other Structures:Barn(s): Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Free-Standing Electric Range, Electric Water Heater
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Linoleum
  • Interior Amenities: Open Floorplan, Separate Shower
  • Window Features: Vinyl Frames
  • Appliances:Free-Standing Electric Range: Yes
  • Basement:None3: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Gentle Sloping, Rural, Split Possible
  • View: Other
  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: Barn(s), Outbuilding
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Window Features:Vinyl Frames: Yes
  • Lot Features:Gentle Sloping: Yes
  • Lot Features:Split Possible: Yes

Garage/Parking

  • Attached Garage: No
  • General Property Information:Garage YN: No
  • General Property Information:Attached Garage YN: No

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Washer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Palmer Elementary
  • High School: Grundy County High
  • Middle Or Junior School: Grundy County Middle

Lot Info

  • Lot Size Sq Ft: 78408.0
  • Additional Parcels: Yes
  • Parcel #: 075g B 007.00
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient:HVAC: Yes
  • Green Energy Efficient:Appliances: Yes
  • Green Energy Efficient:Water Heater: Yes

Tax Info

  • Tax Annual Amount: 308.73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
Jun 6, 2024
Sold by
Pashold Taretha Jan Lewis
Bought by
Brewer Melvin Lewis and Brewer Anna Lee
Seller's Agent
Gail Richards
Crye-Leike, REALTORS
Buyer's Agent
Gail Richards
Crye-Leike, REALTORS
List Price
$149,000
Sold Price
$50,000
Premium/Discount to List
-$99,000
-66.44%
Views
299
Current Estimated Value
$56,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,667
Avg. Annual Appreciation
11.74%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Brewer Melvin Lewis $50,000 Realty Title & Escrow
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2024 06/06/24 Sold $50,000 -16.7% $44 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
03/11/2024 03/11/24 Price Changed $60,000 -20.0% $53 / Sq Ft
01/08/2024 01/08/24 Price Changed $75,000 -40.0% $66 / Sq Ft
11/17/2023 11/17/23 Price Changed $125,000 -3.8% $110 / Sq Ft
10/31/2023 10/31/23 Price Changed $130,000 -12.8% $114 / Sq Ft
08/28/2023 08/28/23 For Sale $149,000 -- $131 / Sq Ft
Source: Greater Chattanooga 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 $47 $3,300 $3,300 $0
2023 $47 $24,925 $3,300 $21,625
2022 $309 $13,950 $2,150 $11,800
2021 $309 $13,950 $2,150 $11,800
2020 $309 $13,950 $2,150 $11,800
2019 $205 $9,400 $2,075 $7,325
2018 $205 $8,075 $2,075 $6,000
2017 $205 $8,075 $2,075 $6,000
2016 $209 $8,225 $2,075 $6,150
2015 $209 $8,225 $2,075 $6,150
2014 $209 $8,217 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1378822

Greater Chattanooga REALTORS®

APN: 075G-B-007.00