NOT LISTED FOR SALE

308 Hiwassee Rd Lebanon, TN 37087

Estimated Value: $469,000 - $970,570

79 Acres
$9,894 Price per Acre
3,445,160 Sq Ft Lot

Last Sold June 04, 2019

Last sale price $560,000 $336 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,177/month

Highlights

  • 79.09 Acre Lot
  • Level Lot
  • No Heating

About This Lot

As of June 2019

79 acres farm fronts over 1900 feet on Hiwassee Rd. and approx. 1900 feet river frontage. Approx. 75 % open, balanced wooded. Improved with frame house and barn. This farm has it all, road frontage, river frontage, open fields, pasture land, wooded areas.

Last Agent to Sell the Property

Jim Agee

Agee & Johnson Realty & Auction, Inc Brokerage Phone: 6155040963 License # 12554 Listed on: 12/13/2017

Last Buyer's Agent

Ricky Thorne

Agee & Johnson Realty & Auction, Inc License # 263708

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $693

Lot Details

  • 79.09 Acre Lot
  • Property fronts a county road
  • Level Lot
  • Property is zoned AGR

Schools

  • Union Heights Elementary
  • Smith County High School

Additional Features

  • Property has 3 Levels
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 036 00300 000

Property Details

Property Type

Land

Est. Annual Taxes

$693

Lot Details

0

Listing Details

  • Prop. Type: Farm
  • Habitable Residence: No
  • Inclusions: LDBLG
  • Unit Levels: Three Or More
  • ResoPropertyType: Farm
  • Attribution Contact: 6155040963
  • 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
  • Utilities: Water Available

Lot Info

  • Zoning: AGR
  • Lot Features: Level, Rolling Slope
  • Lot Size Acres: 79.09
  • Lot Size: BOUNDARY DEED
  • Lot Size Units: Acres
  • Parcel #: 036 00300 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 693

MLS Schools

  • Elementary School: Union Heights Elementary
  • High School: Smith County High School
  • Middle Or Junior School: Union Heights Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2021
Sold by
Holbrook Greg and Holbrook Kim
Bought by
Holbrook Greg and Holbrook Kim
Current Estimated Value
$753,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,300,000
Outstanding Balance
$4,008,153
Interest Rate
3.09%
Mortgage Type
Construction
Estimated Equity
-$3,266,813

Purchase Details

Listed on
Dec 13, 2017
Closed on
Jun 3, 2019
Sold by
Massey John M
Bought by
Holbrook Greg and Holbrook Kim
Seller's Agent
Jim Agee
Agee & Johnson Realty & Auction, Inc
Buyer's Agent
Ricky Thorne
Agee & Johnson Realty & Auction, Inc
List Price
$174,900
Sold Price
$560,000
Premium/Discount to List
$385,100
220.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.64%

Purchase Details

Closed on
Dec 28, 2017
Sold by
Massey Jimmy L
Bought by
Massey Jimmy L and Massey Joe A

Purchase Details

Closed on
Oct 9, 2012
Sold by
Massey Annie M
Bought by
Massey Jimmy L and Massey Jimmy L Irrevocable T

Purchase Details

Closed on
Apr 12, 1972
Bought by
Massey Joseph and Massey Annie

Purchase Details

Closed on
Mar 30, 1955
Bought by
Massey Joseph and Massey Annie
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
Holbrook Greg -- None Available
Holbrook Greg -- None Available
Holbrook Greg $560,000 None Available
Massey Jimmy L -- None Available
Massey Jimmy L -- --
Massey Joseph -- --
Massey Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thorne Timothy Clayton $4,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2020 07/01/20 Pending -- -- --
06/29/2020 06/29/20 Price Changed $169,900 -2.9% $102 / Sq Ft
06/17/2020 06/17/20 For Sale $174,900 -68.8% $105 / Sq Ft
06/04/2019 06/04/19 Sold $560,000 -- $336 / 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 $596 $34,375 $6,550 $27,825
2023 $596 $34,375 $0 $0
2022 $577 $33,300 $6,550 $26,750
2021 $859 $34,650 $20,425 $14,225
2020 $946 $34,650 $20,425 $14,225
2019 $946 $34,650 $20,425 $14,225
2018 $742 $34,650 $20,425 $14,225
2017 $755 $35,400 $21,175 $14,225
2016 $693 $29,875 $18,800 $11,075
2015 $693 $29,875 $18,800 $11,075
2014 $693 $29,875 $18,800 $11,075
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1887500

Realtracs

APN: 036-003.00