$38,000
SOLD MAY 9, 2022 RENTED JUN 6, 2025

257 Prospect Rd Fayetteville, TN 37334

1.09 Acres
$34,862 Price per Acre
47,480 Sq Ft Lot

Recently Sold

5% Below List Price

5 Days on Market

Highlights

  • Water Views
  • No HOA
  • No Heating
  • Home fronts a pond
  • Level Lot

About This Lot

As of October 2024

Looking to build your dream home or invest in rental property? This 1.09 acre lot in Roberts subdivision could be just right for you. Recent improvements include a two layer rock driveway, large house pad, and drainage to redirect water into the 9ft deep pond shared with neighbor. Existing septic and field lines along with water tap, and high speed internet availability make for a great head start toward your dream home. As for the neighborhood, it doesn't get any better than living across from a farmers market. Live the rural life while being just 14 minutes from Fayetteville, and just over 30 mins from Huntsville, AL. Property is unrestricted and zoned A2. Bring your house plans, or move in a doublewide home immediately.

Last Agent to Sell the Property

Mike Mcalister

Woodruff Realty & Auction Brokerage Phone: 9317031686 License #211364 Listed on: 04/29/2022

Last Buyer's Agent

Darin Hasty

HASTY REALTY LLC License #302512

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,272

Lot Details

  • 1.09 Acre Lot
  • Home fronts a pond
  • Property fronts a county road
  • Level Lot
  • Property is zoned A2

Schools

  • South Lincoln Elementary
  • Lincoln County High School

Additional Features

  • Water Views
  • Septic Tank

Community Details

  • No Home Owners Association
  • Roberts Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$1,272

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Inclusions: LAND
  • ResoPropertyType: Land
  • Attribution Contact: 9317031686
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Pool Private: No
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt
  • Topography: LEVEL
  • View: Water
  • View: Yes
  • Waterfront Features: Pond
  • Waterfront: No

Garage/Parking

  • Attached Garage: No

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: A2
  • Current Use: Residential
  • Lot Features: Level
  • Lot Size Acres: 1.09
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1

MLS Schools

  • Elementary School: South Lincoln Elementary
  • High School: Lincoln County High School
  • Middle Or Junior School: South Lincoln Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2024
Closed on
Oct 4, 2024
Sold by
Mooneyhan Matt
Bought by
Phillips Bailey Marie and Phillips Matthew Raymond
Seller's Agent
Darin Hasty
HASTY REALTY LLC
Buyer's Agent
Bonnie Caldwell
The Locals Company
List Price
$282,500
Sold Price
$282,500
Views
35
Current Estimated Value
$299,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,279
Avg. Annual Appreciation
4.50%
Original Mortgage
$277,382
Outstanding Balance
$275,845
Interest Rate
6.46%
Mortgage Type
FHA
Estimated Equity
$17,287
Source: Public Records

Range of Values:

Collateral Analytics

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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 Type Sale Price Title Company
Warranty Deed $282,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $277,382 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2025 06/06/25 Rented -- -- --
04/28/2025 04/28/25 Price Changed $2,100 -16.0% $2 / Sq Ft
02/25/2025 02/25/25 For Rent $2,500 0.0% --
10/04/2024 10/04/24 Sold $282,500 0.0% $235 / Sq Ft
09/14/2024 09/14/24 Pending -- -- --
09/03/2024 09/03/24 For Sale $282,500 +643.4% $235 / Sq Ft
05/09/2022 05/09/22 Sold $38,000 -5.0% --
05/02/2022 05/02/22 Pending -- -- --
04/26/2022 04/26/22 For Sale $40,000 -- --
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 $1,272 $66,950 $9,400 $57,550
2023 -- $40,150 $4,700 $35,450
Source: Public Records

Agents Affiliated with this Home

  • Bonnie Caldwell

    Seller's Agent in 2025

    Bonnie Caldwell

    The Locals Company

    (931) 808-6261

    12 in this area

    37 Total Sales

    Section Image
  • Catherine Bartlett

    Seller Co-Listing Agent in 2025

    Catherine Bartlett

    The Locals Company

    (931) 993-0747

    9 in this area

    55 Total Sales

    Section Image
  • Darin Hasty

    Seller's Agent in 2024

    Darin Hasty

    HASTY REALTY LLC

    (931) 224-4400

    2 in this area

    171 Total Sales

    Section Image

  • M

    Seller's Agent in 2022

    Mike Mcalister

    Woodruff Realty & Auction

    (931) 703-1686

    6 in this area

    27 Total Sales

    Section Image
See All Agents

Map

Source: Realtracs

MLS Number: 2379977

Realtracs

APN: 127 02305

Tennessee Lincoln County Fayetteville 37334

257 Prospect Rd, Fayetteville, TN

This home is located at 257 Prospect Rd, Fayetteville, TN 37334 and is currently priced at $38,000. 257 Prospect Rd is a home located in Lincoln County with nearby schools including South Lincoln School, Lincoln Central Academy, and Lincoln County High School.

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