NOT LISTED FOR SALE

275 Silver Point Rd Silver Point, TN 38582

Estimated Value: $348,016 - $413,000

2 Beds
2 Baths
1,516 Sq Ft
$256/Sq Ft Est. Value

Last Sold June 01, 2020

Last sale price $300,000 $198 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,105/month

251 Days on Market

Highlights

  • Lake View
  • Covered Deck
  • Wood Flooring
  • Waterfront
  • Wooded Lot
  • 2 Fireplaces

About This Home

As of June 2020

3 Lots, # 96,97,and 98*House is on Lot # 98*Sleeping loft*Lake View*2 Fireplaces*Soaring tongue and groove ceilings in open floor plan*Screen porch, two decks*Wood floors*Skylights*Private lake living*Great location to Hurricane Marina, I-40, Cookeville

Last Agent to Sell the Property

Tony Luna

Lake Homes Realty, LLC License # 270261 Listed on: 08/23/2019

Lake Homes Realty, LLC

Last Buyer's Agent

Ke Qin

Compass RE License #339826

Compass RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $540

Year Built

  • Built in 1991

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 101x99
  • Waterfront
  • Wooded Lot

Home Design

  • Rustic Architecture
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • 2 Fireplaces
  • Lake Views
  • Finished Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Covered Deck

Schools

  • Smithville Elementary School
  • Dekalb Middle School
  • Dekalb Co High School

Utilities

  • Cooling Available
  • Central Heating
  • Septic Tank

Community Details

  • Silver Point Sec 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 031B B 02100 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$540

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Rustic
  • Year Built: 1991
  • Unit Levels: Three Or More
  • New Construction: No
  • Year Built Details: RENOV
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Appliances: Refrigerator
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Carpet, Finished Wood
  • Total Bedrooms: 2
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Has Basement: Finished
  • Above Grade Finished Sq Ft: 1030
  • Below Grade Sq Ft: 486
  • Building Area Units: Square Feet
  • Living Area: 1516
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Fiber Cement, Vinyl Siding
  • Patio And Porch Features: Covered Deck, Deck
  • Pool Private: No
  • Roof: Asphalt
  • View: Lake
  • View: Yes
  • Waterfront: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time
  • Senior Community: No

Lot Info

  • Lot Features: Wooded
  • Lot Size Acres: 0.6
  • Lot Size: 101X99
  • Lot Size Units: Acres
  • Parcel #: 031B B 02100 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 540

MLS Schools

  • Elementary School: Smithville Elementary
  • High School: DeKalb Co High School
  • Middle Or Junior School: Dekalb Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2019
Closed on
May 22, 2020
Sold by
Richardson Eric C
Bought by
Banks Justin Michael
Seller's Agent
Tony Luna
Lake Homes Realty, LLC
Buyer's Agent
Ke Qin
Compass RE
List Price
$329,500
Sold Price
$300,000
Premium/Discount to List
-$29,500
-8.95%
Current Estimated Value
$388,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,754
Avg. Annual Appreciation
4.69%
Original Mortgage
$270,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2017
Sold by
Frederiksen Rand T
Bought by
Frederiksen Rand Terrell 2017 Living Tr Rand

Purchase Details

Closed on
Aug 7, 1989
Bought by
Frederiksen Rand T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Banks Justin Michael $300,000 --
Frederiksen Rand Terrell 2017 Living Tr Rand -- --
Frederiksen Rand T $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Banks Justin Michael $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/13/2020 10/13/20 Pending -- -- --
10/12/2020 10/12/20 For Sale $429,000 +43.0% $283 / Sq Ft
06/01/2020 06/01/20 Sold $300,000 -9.0% $198 / Sq Ft
04/30/2020 04/30/20 Pending -- -- --
08/23/2019 08/23/19 For Sale $329,500 +17.9% $217 / Sq Ft
08/10/2018 08/10/18 Sold $279,500 -- $184 / Sq Ft View Prior Sale
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
2025 $1,036 $41,275 $0 $0
2024 $1,036 $41,275 $6,250 $35,025
2023 $826 $41,275 $6,250 $35,025
2022 $714 $41,275 $6,250 $35,025
2021 $714 $41,275 $6,250 $35,025
2020 $625 $41,275 $6,250 $35,025
2019 $625 $29,450 $5,450 $24,000
2018 $540 $29,450 $5,450 $24,000
2017 $540 $29,450 $5,450 $24,000
2016 $540 $29,450 $5,450 $24,000
2015 $477 $29,450 $5,450 $24,000
2014 -- $39,425 $10,875 $28,550
2013 $639 $39,425 $10,875 $28,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2074632

Realtracs

APN: 031B-B-021.00