NOT LISTED FOR SALE

365 Shrum Ln Lafayette, TN 37083

Estimated Value: $360,000 - $477,000

4 Beds
2 Baths
2,668 Sq Ft
$151/Sq Ft Est. Value

Last Sold January 23, 2020

Last sale price $230,000 $86 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,216/month

190 Days on Market

Highlights

  • 7.47 Acre Lot
  • 2 Fireplaces
  • In-Law or Guest Suite
  • Wood Flooring
  • Separate Formal Living Room
  • Cooling Available

About This Home

As of January 2020

Gorgeous home with so many extras to see. This home features 2 kitchens, 4 bedrooms, 2 bathrooms, well water and city water, central heat and air and 2 gas log fireplaces. You will be storm ready here with a large storm shelter in your fully finished basement. The detached garage features an extra large hobby room upstairs not included in the square footage for this price. The 7.47 acres is perfect for horses or possibly to split off and build more homes. Don't let this one get away.

Last Agent to Sell the Property

Summer Tuck

Vision Realty and Property Management License #322426 Listed on: 06/03/2019

Last Buyer's Agent

Taylor Chambliss

EXIT Prime Realty License #348372

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $646

Year Built

  • Built in 1964

Lot Details

  • 7.47 Acre Lot

Parking

  • 3 Car Garage

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • 2 Fireplaces
  • Separate Formal Living Room
  • Finished Basement

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Schools

  • Fairlane Elementary School
  • Macon County Junior High School
  • Macon County High School

Utilities

  • Cooling Available
  • Central Heating
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 049 00602 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$646

Year Built

Built in 1964

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1964
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RENOV
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Ceiling Fan(s), In-Law Floorplan
  • Appliances: Refrigerator
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Finished Wood, Tile
  • Total Bedrooms: 4
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Has Basement: Finished
  • Above Grade Finished Sq Ft: 1334
  • Below Grade Sq Ft: 1334
  • Building Area Units: Square Feet
  • Living Area: 2668
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Detached
  • Total Parking Spaces: 3

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time
  • Senior Community: No

Lot Info

  • Lot Size Acres: 7.47
  • Lot Size Units: Acres
  • Parcel #: 049 00602 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 646

MLS Schools

  • Elementary School: Fairlane Elementary
  • High School: Macon County High School
  • Middle Or Junior School: Macon County Junior High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2019
Closed on
Jan 22, 2020
Sold by
Shrum Lynn
Bought by
Rich Brian K and Clark Brittnay M
Seller's Agent
Summer Tuck
Vision Realty and Property Management
Buyer's Agent
Taylor Chambliss
EXIT Prime Realty
List Price
$249,900
Sold Price
$230,000
Premium/Discount to List
-$19,900
-7.96%
Current Estimated Value
$404,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,045
Avg. Annual Appreciation
10.28%
Original Mortgage
$225,834
Outstanding Balance
$199,146
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$204,900

Purchase Details

Closed on
Mar 5, 1988
Bought by
Shrum Mark A and Shrum Lynn

Purchase Details

Closed on
Oct 13, 1978
Bought by
Wilson Sherman
Source: Public Records

Range of Values:

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Average Value
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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
Rich Brian K $230,000 Real Estate Title Company
Shrum Mark A $59,500 --
Wilson Sherman -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rich Brian K $225,834
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2020 01/23/20 Sold $230,000 -8.0% $86 / Sq Ft
12/10/2019 12/10/19 Pending -- -- --
06/03/2019 06/03/19 For Sale $249,900 -- $94 / 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 $968 $68,550 $12,100 $56,450
2023 $968 $68,550 $0 $0
2022 $1,017 $42,375 $9,000 $33,375
2021 $1,017 $42,375 $9,000 $33,375
2020 $701 $39,925 $9,000 $30,925
2019 $701 $29,200 $9,000 $20,200
2018 $646 $29,200 $9,000 $20,200
2017 $641 $25,450 $6,275 $19,175
2016 $611 $25,450 $6,275 $19,175
2015 $529 $22,025 $6,300 $15,725
2014 $528 $22,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2047040

Realtracs

APN: 049-006.02