NOT LISTED FOR SALE

2620 Highway 25 Cottontown, TN 37048

Estimated Value: $391,000 - $543,000

55.24 Acres
$8,314 Price per Acre
2,406,254 Sq Ft Lot

Last Sold November 19, 2015

Last sale price $535,000 $390 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $2,570/month

Highlights

  • 55.24 Acre Lot
  • 26 Acres of Pasture
  • No Heating
  • Station Camp High School Rated A-

About This Lot

As of November 2015

Beautiful Home Place on 50 serene acres of farm land. The home structure is log with an addition in the 50's. Farm consist of open pasture land and level fields for row crops. A small portion is wooded. Property is fronted on 2 roads.

Last Agent to Sell the Property

Frank Hemphill

Hemphill Realty & Auction License # 251277 Listed on: 06/19/2015

Last Buyer's Agent

Mike Richardson

Inspired Homes License # 257652

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $879

Lot Details

  • 55.24 Acre Lot
  • Property fronts a county road
  • Property is zoned Ag

Schools

  • Howard Elementary School
  • Rucker Stewart Mid Middle School
  • Station Camp High School

Additional Features

  • Property has 3 Levels
  • 26 Acres of Pasture
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 083079 00401 00008079

Property Details

Property Type

Land

Est. Annual Taxes

$879

Lot Details

0

Listing Details

  • Prop. Type: Farm
  • Habitable Residence: No
  • Inclusions: LDBLG
  • Unit Levels: Three Or More
  • ResoPropertyType: Farm
  • 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: No

Garage/Parking

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

Utilities

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

Lot Info

  • Zoning: Ag
  • Lot Size Acres: 55.24
  • Lot Size Units: Acres
  • Parcel #: 083079 00401 00008079
  • Pasture Area: 26
  • Property Attached Yn: No
  • Wooded Area: 17
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 879

MLS Schools

  • Elementary School: Howard Elementary
  • High School: Station Camp High School
  • Middle Or Junior School: Rucker Stewart Mid

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2016
Sold by
Richardson Mike and Richardson Mike
Bought by
Vidnovic Nick and Vidnovic Janet L
Current Estimated Value
$459,243

Purchase Details

Closed on
Sep 7, 2016
Sold by
Richardson Michael and Edwards Michael
Bought by
Gillam Mike A and Gillam Teresa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2016
Sold by
Richardson Michael and Edwards Michael
Bought by
Humphires R Alan and Humphires Joeli

Purchase Details

Listed on
Jun 19, 2015
Closed on
Nov 17, 2015
Sold by
Overstreet Thomas and Overstreet Sandra
Bought by
Edwards Michael and Richardson Michael
Seller's Agent
Frank Hemphill
Hemphill Realty & Auction
Buyer's Agent
Mike Richardson
Inspired Homes
List Price
$155,000
Sold Price
$535,000
Premium/Discount to List
$380,000
245.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.53%
Original Mortgage
$420,000
Interest Rate
3.83%
Mortgage Type
Unknown
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
Vidnovic Nick $200,000 Hallmark Title Company
Gillam Mike A $160,000 Hallmark Title Company
Humphires R Alan $115,000 Hallmark Title Company
Edwards Michael $535,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gillam Mike A $128,000
Previous Owner Edwards Michael $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2017 11/22/17 Pending -- -- --
11/16/2017 11/16/17 For Sale $155,000 -71.0% $113 / Sq Ft
11/19/2015 11/19/15 Sold $535,000 -- $390 / 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 $1,600 $112,600 $69,325 $43,275
2023 $1,474 $65,450 $39,400 $26,050
2022 $1,480 $65,450 $39,400 $26,050
2021 $1,274 $56,300 $39,400 $16,900
2020 $1,274 $56,300 $39,400 $16,900
2019 $1,274 $0 $0 $0
2018 $758 $0 $0 $0
2017 $758 $0 $0 $0
2016 $3,268 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1645186

Realtracs

APN: 079-004.01