NOT LISTED FOR SALE

2885 Bailey Cobb Rd Palmyra, TN 37142

Estimated Value: $844,000 - $1,002,000

4 Beds
3.5 Baths
4,473 Sq Ft
$205/Sq Ft Est. Value

Last Sold December 27, 2023

Last sale price $877,000 $196 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,176/month

18 Days on Market

Highlights

  • Home fronts a creek
  • Wooded Lot
  • No HOA
  • 26.01 Acre Lot
  • Converted Barn or Barndominium
  • Covered Patio or Porch

About This Home

As of December 2023

This is the Showstopper Post Frame Custom Barn Style Home you've been waiting for! Nestled on 26.01 Private Acres w/almost a half mile creek frontage of the East Fork of Yellow Creek. French Door Entry to Chalet-like features of Wood Accents, 2-Story Brick Hearth w/Electric Fireplace & Soaring Ceiling Heights. Beautiful Rustic-feel Kitchen complete w/Modern Touches features Butcher Block & Quartz Counters, Brick Accents, Deep Soft Close Drawers & Cabinets, Pot Filler & Huge Center Island w/Double Sided Storage. Antique Wash Sink & 2 Storage Closets in the Half Bath. Vintage Original Door to your Walk-in 15x7 Pantry complete w/Built-ins & Mini Fridge. Sliding Door Entry to a Real Laundry Room, a Timeless Utility Sink & Storage Area. Garage is deep enough for Boat & Includes 50 amp. In-Law Quarters on Main w/Full Bath & Giant Walk-in Closet. Secret Laundry Shoot in Upstairs Guest Bath. Huge Bonus Room. Primary Bedroom Up w/18x6 Walk-in, Tiled Shower & Soaking Tub. See to Believe.

Last Agent to Sell the Property

Sydney Hedrick

Byers & Harvey Inc. Brokerage Phone: 9312374137 License #286039 Listed on: 10/10/2023

Byers & Harvey Inc.

Co-Listed By

Danielle Byrd

Byers & Harvey Inc. Brokerage Phone: 9312374137 License #318036

Last Buyer's Agent

Kayla LeVan

Century 21 Platinum Properties License # 296812

Century 21 Platinum Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $811

Year Built

  • Built in 2023

Lot Details

  • 26.01 Acre Lot
  • Home fronts a creek
  • Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Converted Barn or Barndominium
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 4,473 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Electric Fireplace
  • Interior Storage Closet
  • Laminate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • In-Law or Guest Suite

Outdoor Features

  • Covered Patio or Porch

Schools

  • Cumberland Heights Elementary School
  • Montgomery Central Middle School
  • Montgomery Central High School

Utilities

  • Air Filtration System
  • Heat Pump System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 063140 00101 00020140

Home Details

Home Type

Single Family

Est. Annual Taxes

$811

Year Built

Built in 2023

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Barndominium
  • Year Built: 2023
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Appraiser
  • Attribution Contact: 9312374137
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Interior Amenities: Air Filter, Ceiling Fan(s), Extra Closets, In-Law Floorplan, Storage
  • Fireplace Features: Electric
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Laminate
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Has Basement: Slab
  • Above Grade Finished Sq Ft: 4473
  • Building Area Units: Square Feet
  • Living Area: 4473
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Construction Type: Other
  • Patio And Porch Features: Covered Patio, Patio
  • Pool Private: No
  • Roof: Metal
  • View: No
  • Waterfront Features: Creek
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Private
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Laundry Features: Utility Connection
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Wooded
  • Lot Size Acres: 26.01
  • Lot Size Units: Acres
  • Parcel #: 063140 00101 00020140
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 811

MLS Schools

  • Elementary School: Cumberland Heights Elementary
  • High School: Montgomery Central High
  • Middle Or Junior School: Montgomery Central Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Dec 27, 2023
Sold by
Bowles Jacob and Bowles Lindsay
Bought by
Youngouist Eugene and Youngouist Patricia
Seller's Agent
Sydney Hedrick
Byers & Harvey Inc.
Buyer's Agent
Kayla LeVan
Century 21 Platinum Properties
List Price
$945,000
Sold Price
$877,000
Premium/Discount to List
-$68,000
-7.2%
Views
19
Current Estimated Value
$918,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,598
Avg. Annual Appreciation
2.65%

Purchase Details

Closed on
Aug 7, 2019
Sold by
Fritz Rebecca Charleen
Bought by
Bowles Jacob and Bowles Lindsay

Purchase Details

Closed on
Jul 31, 2007
Sold by
David Saunders
Bought by
Fritz Rebecca C
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
Youngouist Eugene $877,000 Freedom Title
Bowles Jacob $150,000 --
Fritz Rebecca C -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2023 12/27/23 Sold $877,000 -7.2% $196 / Sq Ft
10/28/2023 10/28/23 Pending -- -- --
10/10/2023 10/10/23 For Sale $945,000 -- $211 / 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 $3,431 $163,388 $0 $0
2023 $3,431 $8,606 $0 $0
2022 $257 $8,606 $0 $0
2021 $257 $8,606 $0 $0
2020 $257 $8,606 $0 $0
2019 $266 $8,893 $0 $0
2018 $210 $6,840 $0 $0
2017 $210 $6,840 $0 $0
2016 $210 $6,840 $0 $0
2015 $203 $6,840 $0 $0
2014 $203 $6,840 $0 $0
2013 $165 $5,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realtracs

MLS Number: 2580309

Realtracs

APN: 140-001.01