NOT LISTED FOR SALE

3250 Spain Loop Iron City, TN 38463

Estimated Value: $352,000 - $488,557

3 Beds
3 Baths
1,400-1,599 Sq Ft
$266/Sq Ft Est. Value

Sale Details

Date Sold: August 17, 2012

Last sale price $158,000 $99 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $2,400 / mo

383 Days on Market

Highlights

  • Lake On Lot
  • Vaulted Ceiling
  • Separate Formal Living Room
  • Wood Burning Stove
  • Traditional Architecture
  • Eat-In Kitchen

About This Home

As of August 2012

This home is located at 3250 Spain Loop, Iron City, TN 38463 since 21 July 2011 and is currently estimated at $425,389, approximately $303 per square foot. This property was built in 1996. 3250 Spain Loop is a home located in Wayne County.

Last Agent to Sell the Property

Tony Alcott

UC River City Realty License #284304 Listed on: 07/21/2011

Last Buyer's Agent

Tony Alcott

UC River City Realty License #284304 Listed on: 07/21/2011

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • Dog Run
  • Wrought Iron Fence
  • Few Trees

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,400 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Vaulted Ceiling
  • Wood Burning Stove
  • Separate Formal Living Room
  • Storage Room
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Partially Carpeted
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Additional Features

  • Lake On Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 3250SPAINLOOP6990

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

36 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1400
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet, Vinyl Floor, Concrete Floor, Textured Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 3
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen, Breakfast Bar, Pantry, Washer/Dryer Connections

Exterior Features

  • Misc Exterior: Dog Run
  • Exterior Windows: Vinyl Siding

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad, Storage Room(s)

Utilities

  • Cooling: Central
  • Heating: Central, Wood Stove

Lot Info

  • Lot Description: Some Trees, Lake/Pond on Property, Iron Fenced
  • Lot Size: 36 Acres

Tax Info

  • Assessor Parcel Number: 3250SPAINLOOP6990

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2011
Closed on
Aug 7, 2012
Sold by
Farm Cr Svcs Of Mid Americ
Bought by
Mena Francisco S and Mena Michelle R
Seller's Agent
Tony Alcott
UC River City Realty
Buyer's Agent
Tony Alcott
UC River City Realty
List Price
$198,000
Sold Price
$158,000
Premium/Discount to List
-$40,000
-20.2%
Current Estimated Value
$425,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,389
Avg. Annual Appreciation
7.49%
Original Mortgage
$155,138
Outstanding Balance
$106,093
Interest Rate
3.55%
Mortgage Type
FHA
Estimated Equity
$319,296

Purchase Details

Closed on
Mar 18, 2011
Sold by
Corbitt Donna
Bought by
Farm Cr Svcs Of Mid America

Purchase Details

Closed on
Apr 21, 2006
Bought by
Corbitt Donna
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
Mena Francisco S $158,000 --
Farm Cr Svcs Of Mid America $150,500 --
Corbitt Donna $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mena Francisco S $155,138
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2012 08/17/12 Sold $158,000 -20.2% $113 / Sq Ft
08/07/2012 08/07/12 Pending -- -- --
07/21/2011 07/21/11 For Sale $198,000 -- $141 / Sq Ft
Source: Memphis Area 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 $1,921 $117,050 $34,425 $82,625
2024 $1,641 $75,725 $23,725 $52,000
2023 $1,452 $75,725 $23,725 $52,000
2022 $1,452 $75,725 $23,725 $52,000
2021 $1,105 $75,725 $23,725 $52,000
2020 $1,105 $49,050 $15,725 $33,325
2019 $1,105 $48,025 $15,725 $32,300
2018 $1,105 $48,025 $15,725 $32,300
2017 $1,105 $48,025 $15,725 $32,300
2016 $884 $43,100 $14,250 $28,850
2014 $875 $42,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tony Alcott

    Seller's Agent in 2012

    Tony Alcott

    UC River City Realty

    (731) 607-2221

    211 Total Sales

    Tony Alcott
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3228613

Memphis Area Association of REALTORS®

APN: 197-001.01

Tennessee Wayne County Iron City 38452

3250 Spain Loop, Iron City, TN

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