NOT LISTED FOR SALE

320 Cedar Ln Gainesboro, TN 38562

Estimated Value: $136,911 - $320,000

2 Beds
1 Bath
864 Sq Ft
$243/Sq Ft Est. Value

Sale Details

Date Sold: April 10, 2018

Last sale price $118,000 $137 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,142 / mo

Highlights

  • Heated Spa
  • Newly Painted Property
  • 1 Car Detached Garage
  • New Flooring
  • No HOA
  • Views

About This Home

As of April 2018

This home is located at 320 Cedar Ln, Gainesboro, TN 38562 since 18 December 2017 and is currently estimated at $209,728, approximately $242 per square foot. This property was built in 1973. 320 Cedar Ln is a home located in Jackson County with nearby schools including Jackson County High School and New Hope Christian Academy.

Last Agent to Sell the Property

Lacy Smith

Upper Cumberland Real Estate & Auction LLC Brokerage Phone: 9312686767 Listed on: 12/18/2017

Last Buyer's Agent

Lacy Smith

Upper Cumberland Real Estate & Auction LLC Brokerage Phone: 9312686767 Listed on: 12/18/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $292

Year Built

  • Built in 1973

Lot Details

  • 1.66 Acre Lot
  • Landscaped with Trees

Home Design

  • Newly Painted Property
  • Frame Construction
  • Metal Roof
  • HardiePlank Type

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • New Flooring
  • Crawl Space
  • Property Views

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Open Parking

Pool

  • Heated Spa

Schools

  • Gainesboro Elementary And Middle School
  • Gainesboro High School

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 030.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$292

Year Built

Built in 1973

Lot Details

1.66 Acres

Listing Details

  • Attribution Contact: 9312686767
  • Directions: From JCCH: take Hwy 53 2.3 miles, turn R onto Cedar ln. go 0.3mi home on the left and the very end on the ln
  • Unit Levels: One
  • Prop. Type: Residential
  • Year Built: 1973
  • Property Sub Type: Site Built w/Acreage
  • Lot Size Acres: 1.66
  • Lot Size: 1.66
  • Subdivision Name: None
  • Carport Y N: No
  • Garage Yn: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Washer, Other, Microwave, Dryer, Refrigerator, Range Hood
  • Has Basement: Crawl Space
  • Flooring: New Floor Covering, Hardwood, Tile
  • Interior Amenities: New Paint
  • Spa Features: Heated
  • Private Spa: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 864

Exterior Features

  • Roof: Metal
  • Lot Features: Trees
  • View: Water, Mountain(s)
  • View: Yes
  • Construction Type: Frame, HardiPlank Type

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Concrete, Detached, Garage
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers, UCEMC
  • Heating: Heat Pump
  • Sewer: Septic Tank
  • Gas Company: Tank Owned, propane
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Propane
  • Water Source: Utility District, JCUD

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Gainesboro
  • High School: Gainesboro
  • Middle Or Junior School: Gainesboro

Lot Info

  • Lot Size Sq Ft: 72309.6
  • Farm Land Area Units: Square Feet
  • Parcel #: 030.00
  • Irrigation Water Rights: No

Tax Info

  • Tax Annual Amount: 292.25
  • Tax Map Number: 052O

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2012
Closed on
Jan 25, 2013
Sold by
Bryant James
Bought by
Strickroot Matthew R
Seller's Agent
Lacy Smith
Highlands Elite Real Estate
Buyer's Agent
Lacy Smith
Highlands Elite Real Estate
List Price
$27,500
Sold Price
$110,000
Premium/Discount to List
$82,500
300%
Current Estimated Value
$209,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,728
Avg. Annual Appreciation
5.00%
Original Mortgage
$82,500
Outstanding Balance
$56,982
Interest Rate
3.38%
Mortgage Type
Commercial
Estimated Equity
$152,746

Purchase Details

Closed on
Jul 22, 2008

Purchase Details

Closed on
Sep 20, 1988
Bought by
Forkum Kenneth L

Purchase Details

Closed on
Sep 26, 1986

Purchase Details

Closed on
Apr 25, 1986
Bought by
Forkum Kenneth L
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
Strickroot Matthew R $110,000 --
-- $9,000 --
Forkum Kenneth L -- --
-- $20,000 --
Forkum Kenneth L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strickroot Matthew R $82,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/10/2018 04/10/18 Sold $118,000 +7.3% $137 / Sq Ft
08/21/2015 08/21/15 Off Market $110,000 -- --
03/30/2015 03/30/15 For Sale $27,500 -75.0% $32 / Sq Ft
01/25/2013 01/25/13 Sold $110,000 -6.8% $127 / Sq Ft View Prior Sale
01/01/1970 01/01/70 Off Market $118,000 -- --
Source: Upper Cumberland Association of REALTORS®

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 $275 $10,775 $2,225 $8,550
2024 $275 $10,775 $2,225 $8,550
2023 $275 $10,775 $2,225 $8,550
2022 $242 $10,775 $2,225 $8,550
2021 $242 $10,775 $2,225 $8,550
2020 $292 $10,775 $2,225 $8,550
2019 $292 $10,475 $3,850 $6,625
2018 $255 $9,125 $2,500 $6,625
2017 $255 $9,125 $2,500 $6,625
2016 $255 $9,125 $2,500 $6,625
2015 $260 $9,125 $2,500 $6,625
2014 $276 $9,700 $2,500 $7,200
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Lacy Smith

    Upper Cumberland Real Estate & Auction LLC

  • Vickie Loftis

    Buyer Co-Listing Agent in 2018

    Vickie Loftis

    American Way Real Estate

    (931) 510-4143

    432 Total Sales

    Vickie Loftis
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Map

Source: Upper Cumberland Association of REALTORS®

MLS Number: 183825

Upper Cumberland Association of REALTORS®

APN: 052O-A-030.00

Tennessee Jackson County Gainesboro 38562

320 Cedar Ln, Gainesboro, TN

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