NOT LISTED FOR SALE

2551 Louse Creek Rd Mulberry, TN 37359

Estimated Value: $496,000 - $2,302,000

315 Acres
$4,441 Price per Acre
13,721,400 Sq Ft Lot

Last Sold November 10, 2016

Last sale price $900,000 $377 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $7,816/month

Highlights

  • Home fronts a pond
  • 315 Acre Lot
  • No Heating

About This Lot

As of November 2016

First time on Market since 1962. Cattle & dairy farm in rolling hills of Moore County. Includes barn, implement sheds, house, guest house & acreage. Also listed residential MLS# 31610171. Listed at appraised price done February 4, 2015.

Last Agent to Sell the Property

Melissa Nunley

John Smith Jr Realty and Auction LLC Brokerage Phone: 9313085532 License #318455 Listed on: 02/15/2015

Last Buyer's Agent

Sherrie Moore

Crye-Leike, Inc., REALTORS License #309879

Crye-Leike, Inc., REALTORS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,763

Lot Details

  • 315 Acre Lot
  • Home fronts a pond
  • Property fronts a county road
  • Property is zoned Arig

Schools

  • Lynchburg Elementary School
  • Moore County High Middle School
  • Moore County High School

Additional Features

  • Property has 3 Levels
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 042 02300 000

Property Details

Property Type

Land

Est. Annual Taxes

$1,763

Lot Details

0

Listing Details

  • Prop. Type: Farm
  • Habitable Residence: No
  • Inclusions: LDBLG
  • Unit Levels: Three Or More
  • ResoPropertyType: Farm
  • Attribution Contact: 9313085532
  • 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: Asphalt
  • View: No
  • Waterfront Features: More than 1 Pond
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: No
  • Utilities: Water Available

Lot Info

  • Zoning: Arig
  • Lot Features: Hilly
  • Lot Size Acres: 315
  • Lot Size: 315.000
  • Lot Size Units: Acres
  • Parcel #: 042 02300 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1763

MLS Schools

  • Elementary School: Lynchburg Elementary
  • High School: Moore County High School
  • Middle Or Junior School: Moore County High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2015
Closed on
Nov 3, 2016
Sold by
Mcgee William E
Bought by
Weaver Keith and Weaver Fawn
Seller's Agent
Melissa Nunley
John Smith Jr Realty and Auction LLC
Buyer's Agent
Sherrie Moore
Crye-Leike, Inc., REALTORS
List Price
$380,000
Sold Price
$900,000
Premium/Discount to List
$520,000
136.84%
Current Estimated Value
$1,399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$499,000
Avg. Annual Appreciation
5.68%

Purchase Details

Closed on
Aug 26, 2015
Sold by
Mcgee William E Mcgee Ophelia
Bought by
Riddle Jimmy Dale

Purchase Details

Closed on
Feb 28, 2012
Sold by
Mcgee William E
Bought by
Hensley Jeremy and Hensley Leatha
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
Weaver Keith $900,000 --
Riddle Jimmy Dale $10,000 --
Hensley Jeremy $9,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2017 09/29/17 Pending -- -- --
09/01/2017 09/01/17 Price Changed $350,000 -7.9% $147 / Sq Ft
07/31/2017 07/31/17 For Sale $380,000 0.0% $159 / Sq Ft
07/26/2017 07/26/17 Pending -- -- --
07/06/2017 07/06/17 For Sale $380,000 -57.8% $159 / Sq Ft
11/10/2016 11/10/16 Sold $900,000 -- $377 / 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 $2,500 $159,825 $79,150 $80,675
2023 -- $99,725 $59,250 $40,475
2022 $2,329 $99,725 $59,250 $40,475
2021 $2,289 $99,725 $59,250 $40,475
2020 $2,190 $92,000 $57,825 $34,175
2019 $2,190 $92,000 $57,825 $34,175
2018 $2,079 $92,000 $57,825 $34,175
2017 $1,915 $72,275 $44,525 $27,750
2016 $1,915 $72,275 $44,525 $27,750
2015 $1,756 $72,275 $44,525 $27,750
2014 $1,838 $75,650 $47,925 $27,725
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1610235

Realtracs

APN: 042-023.00