NOT LISTED FOR SALE

3075 Demastus Rd Culleoka, TN 38451

Estimated Value: $592,000 - $3,045,000

395.67 Acres
$4,731 Price per Acre
17,235,390 Sq Ft Lot

Last Sold January 10, 2024

Last sale price $3,125,000 $2,657 Per Sq Ft

Est. 40% decrease in value since last sale

Current estimated payment $10,034/month

149 Days on Market

Highlights

  • Home fronts a pond
  • 395.67 Acre Lot
  • No HOA
  • Oak Grove Elementary School Rated A
  • Valley View
  • Lot Has A Rolling Slope

About This Lot

As of January 2024

Nestled just 5 minutes off Exit 32 on I65 A, lies a stunning 395+/- acre former cattle farm, eagerly awaiting its new owner. This verdant property offers plentiful pastureland, many potential hilltop homesites with breathtaking long-range views, a 4-acre pond, and two other watering holes for cattle. An RV-ready pole barn, complete with electricity and water supply, stands prepared for weekend escapes. Formerly serving as a tranquil, working farm, this slice of paradise now presents an exceptional opportunity for countryside living.Unbroken, expansive tracts of land like this are becoming increasingly rare, making this property an invaluable find.Don't forget to explore the YouTube 360 video which puts you in control of a drone camera, offering an immersive preview of this captivating land

Last Agent to Sell the Property

Trey Ellis

The Designated Agency, Inc. Brokerage Phone: 6155825034 License # 317559 Listed on: 06/16/2023

Last Buyer's Agent

Tyler Divin

Zach Taylor Chattanooga License #362450

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,028

Lot Details

  • 395.67 Acre Lot
  • Home fronts a pond
  • Property fronts a county road
  • Lot Has A Rolling Slope
  • Property is zoned Agri

Schools

  • Marshall-Oak Grove-Westhills Elem. Elementary School
  • Lewisburg Middle School
  • Marshall Co High School

Additional Features

  • Valley Views
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 068 05200 000

Property Details

Property Type

Land

Est. Annual Taxes

$2,028

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Inclusions: LDBLG
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Pool Private: No
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt
  • Topography: ROLLI
  • View: Valley
  • View: Yes
  • Waterfront Features: More than 1 Pond, Pond
  • Waterfront: No

Garage/Parking

  • Attached Garage: No

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Agri
  • Current Use: Unimproved
  • Lot Features: Rolling Slope
  • Lot Size Acres: 395.67
  • Lot Size Units: Acres
  • Parcel #: 068 05200 000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2028

MLS Schools

  • Elementary School: Marshall-Oak Grove-Westhills ELem.
  • High School: Marshall Co High School
  • Middle Or Junior School: Lewisburg Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Jan 9, 2024
Sold by
Rfjj Culleoka Llc
Bought by
Bjl Mooresville Iii Llc
Seller's Agent
Trey Ellis
The Designated Agency, Inc.
Buyer's Agent
Tyler Divin
Zach Taylor Chattanooga
List Price
$3,959,900
Sold Price
$3,125,000
Premium/Discount to List
-$834,900
-21.08%
Views
77
Current Estimated Value
$1,871,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,253,270
Avg. Annual Appreciation
-24.20%

Purchase Details

Listed on
Oct 22, 2020
Closed on
Dec 9, 2021
Sold by
Pigue Nancy and The Pigue Brothers
Bought by
Rfjj Culleoka Llc
Seller's Agent
Buddy Tankersley
Buddy Tankersley Realty & Auction
Buyer's Agent
Debbie Mathews
Fridrich & Clark Realty
List Price
$2,750,000
Sold Price
$2,500,000
Premium/Discount to List
-$250,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.38%

Purchase Details

Closed on
Mar 29, 1993
Bought by
Pigue Brothers
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
Bjl Mooresville Iii Llc $3,125,000 Magnolia Title
Rfjj Culleoka Llc $2,500,000 None Available
Pigue Brothers $135,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/10/2024 01/10/24 Sold $3,125,000 -21.1% $2,657 / Sq Ft
11/13/2023 11/13/23 Pending -- -- --
06/16/2023 06/16/23 For Sale $3,959,900 +58.4% $3,367 / Sq Ft
12/15/2021 12/15/21 Sold $2,500,000 -9.1% $2,126 / Sq Ft View Prior Sale
04/15/2021 04/15/21 Pending -- -- --
10/22/2020 10/22/20 For Sale $2,750,000 -- $2,338 / 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 $2,028 $111,525 $89,175 $22,350
2023 $2,028 $111,525 $89,175 $22,350
2022 $2,028 $111,525 $89,175 $22,350
2021 $2,567 $91,300 $67,675 $23,625
2020 $2,567 $91,300 $67,675 $23,625
2019 $2,440 $91,300 $67,675 $23,625
2018 $2,396 $86,775 $67,675 $19,100
2017 $2,396 $86,775 $67,675 $19,100
2016 $2,290 $71,125 $52,500 $18,625
2015 $2,290 $71,125 $52,500 $18,625
2014 $2,290 $71,125 $52,500 $18,625
Source: Public Records

Agents Affiliated with this Home

  • Trey Ellis

    Seller's Agent in 2024

    Trey Ellis

    The Designated Agency, Inc.

    (615) 582-5034

    100 Total Sales

    Trey Ellis
    Section Image
  • Tyler Divin

    Buyer's Agent in 2024

    Tyler Divin

    Zach Taylor Chattanooga

    (706) 575-9881

    4 Total Sales

    Tyler Divin
    Section Image
  • Buddy Tankersley

    Seller's Agent in 2021

    Buddy Tankersley

    Buddy Tankersley Realty & Auction

    (931) 359-6607

    18 Total Sales

    Buddy Tankersley
    Section Image

  • D

    Buyer's Agent in 2021

    Debbie Mathews

    Fridrich & Clark Realty

    (615) 327-4800

    4 Total Sales

    Debbie Mathews
    Section Image
See All Agents

Map

Source: Realtracs

MLS Number: 2537451

Realtracs

APN: 068-052.00

Tennessee Marshall County Culleoka 38451

3075 Demastus Rd, Culleoka, TN

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realtracs Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Nearby Homes