NOT LISTED FOR SALE

301 Mcarthur Ln Birchwood, TN 37308

Estimated Value: $287,000 - $733,000

2 Beds
1 Bath
1,472 Sq Ft
$376/Sq Ft Est. Value

Last Sold July 26, 2018

Last sale price $235,000 $160 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $3,119/month

31 Days on Market

Highlights

  • Lake Front
  • Wood Burning Stove
  • Covered Patio or Porch
  • Docks
  • No HOA
  • Covered Deck

About This Home

As of July 2018

Bring the Boat and Fishing poles and leave the City Stress behind. This cozy lake cabin is ready for weekend relaxation or full time enjoyment. The interior is spacious and has two open living rooms on either end. Lots of natural light and beauty to enjoy from the kitchen, dining, and rear living room which opens to a screened back porch and adjoining open deck overlooking the water. This move-in ready home is functional or could be updated to suit your lifestyle and needs. A well built and well maintained property that needs a new owner ready to enjoy quiet, country, lake living. The area is safe and friendly and offers very little drive-by traffic due to the cul-de-sac location. Home has seasonal water with a boat ramp in very close proximity. Boat Dock/lift is in good condition. Both refrigerators as well as washer/dryer stay with property. Schedule a showing today and come see this quaint and comfortable lake home. What a great investment!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $964

Year Built

  • Built in 1976

Lot Details

  • 0.5 Acre Lot
  • Lake Front
  • Level Lot

Home Design

  • Stone Siding

Interior Spaces

  • 1,472 Sq Ft Home
  • Property has 3 Levels
  • Wood Burning Stove
  • Wood Burning Fireplace
  • ENERGY STAR Qualified Windows
  • Water Views
  • Crawl Space

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • 1 Carport Space

Outdoor Features

  • Docks
  • Covered Deck
  • Covered Patio or Porch

Schools

  • Meigs South Elementary School
  • Meigs Middle School
  • Meigs County High School

Utilities

  • Cooling Available
  • Central Heating
  • Septic Tank

Community Details

  • No Home Owners Association
  • Lh Mcarthur Properties Subdivision

Listing and Financial Details

  • Assessor Parcel Number 070L A 01200 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$964

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1976
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Open Floorplan, Primary Bedroom Main Floor
  • Appliances: Washer, Refrigerator, Dryer
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Tile
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Has Basement: Crawl Space
  • Building Area Units: Square Feet
  • Living Area: 1472
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Dock
  • Construction Type: Stone
  • Patio And Porch Features: Covered Deck, Covered Patio
  • Pool Private: No
  • Roof: Other
  • View: Water
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Covered Parking Spaces: 1
  • Garage Yn: No
  • Parking Features: Detached
  • Total Parking Spaces: 1

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Stove
  • Heating Yn: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Green Features

  • Efficiency: Windows

Lot Info

  • Lot Features: Level, Other, Sloped, Cul-De-Sac
  • Lot Size Acres: 0.5
  • Lot Size: 90X256IRR
  • Lot Size Units: Acres
  • Parcel #: 070L A 01200 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 964

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2021
Sold by
Ambrosetti David and Ambrosetti Angela
Bought by
Derrick William R and Derrick Leslie A
Current Estimated Value
$552,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$348,253
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$203,448

Purchase Details

Closed on
May 28, 2021
Sold by
Ambrosetti David and Ambrosetti Angela
Bought by
Derrick William R and Derrick Leslie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$348,253
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$203,448

Purchase Details

Listed on
Jun 4, 2018
Closed on
Jul 25, 2018
Sold by
Connell Don A Estate
Bought by
Ambrosetti David
List Price
$339,000
Sold Price
$235,000
Premium/Discount to List
-$104,000
-30.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.77%
Original Mortgage
$211,500
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 5, 1973
Bought by
Connell Don A and Connell Mary W
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
Derrick William R $400,000 Title Insurance Company
Derrick William R $400,000 Title Insurance Company
Derrick William R $400,000 Title Insurance Company
Derrick William R $400,000 Title Insurance Company
Ambrosetti David $235,000 --
Ambrosetti David $235,000 --
Connell Don A -- --
Connell Don A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Derrick William R $380,000
Closed Derrick William R $380,000
Closed Derrick William R $380,000
Previous Owner Ambrosetti David $211,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2018 07/26/18 Sold $235,000 -30.7% $160 / Sq Ft
07/05/2018 07/05/18 Pending -- -- --
06/04/2018 06/04/18 For Sale $339,000 -- $230 / 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 $1,277 $75,650 $35,000 $40,650
2023 $1,277 $75,650 $35,000 $40,650
2022 $1,277 $75,650 $35,000 $40,650
2021 $1,277 $75,650 $35,000 $40,650
2020 $964 $73,975 $35,000 $38,975
2019 $964 $48,650 $25,000 $23,650
2018 $964 $48,650 $25,000 $23,650
2017 $964 $48,650 $25,000 $23,650
2016 $964 $48,650 $25,000 $23,650
2015 $911 $48,650 $25,000 $23,650
2014 $698 $37,275 $17,950 $19,325
Source: Public Records

Map

Source: Realtracs

MLS Number: 2326340

Realtracs

APN: 070L-A-012.00