3755 Possum Hollow Rd Palmyra, TN 37142
Estimated payment $1,951/month
Highlights
- No HOA
- Carpet
- Property has 1 Level
- Central Heating and Cooling System
About This Home
Fixer-Upper with Huge Potential on 12 Secluded Acres – Palmyra, TN
Address: 3755 Possum Hollow Rd., Palmyra, TN 37142. Looking for a peaceful escape with endless possibilities? This 3-bed, 2-bath home sits on nearly 12 private acres on the charming Possum Hollow Rd. in Palmyra, TN. The property is in need of repairs, but the potential is undeniable. Whether you’re an investor, flipper, or someone with a vision, this could be the perfect canvas for your dream home. Highlights:
•Almost 12 acres of wooded and open land – private and serene.
•Space to expand: potential to add square footage or a garage
•Great opportunity to create a custom retreat or high-value investment.
•Price reflects potential post-rehab value, with room to negotiate for repair needs. With the right vision and updates, this property could truly shine. Also, there is power and water located at the out building. Whether you’re looking to renovate and resell or create a long-term homestead, this is a must-see.
Listing Agent
Crye-Leike, Inc., REALTORS Brokerage Phone: 9318018556 License # 273888 Listed on: 04/14/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,547
Year Built
- Built in 2006
Lot Details
- 11.83 Acre Lot
Home Design
- Frame Construction
- Vinyl Siding
Interior Spaces
- 1,830 Sq Ft Home
- Property has 1 Level
- Crawl Space
- Oven or Range
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Schools
- Montgomery Central Elementary School
- Montgomery Central Middle School
- Montgomery Central High School
Utilities
- Central Heating and Cooling System
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 063139 00503 00020139
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,218 | $105,600 | $0 | $0 |
| 2023 | $2,218 | $51,750 | $0 | $0 |
| 2022 | $1,547 | $51,750 | $0 | $0 |
| 2021 | $1,547 | $51,750 | $0 | $0 |
| 2020 | $1,547 | $51,750 | $0 | $0 |
| 2019 | $1,547 | $51,750 | $0 | $0 |
| 2018 | $1,532 | $44,900 | $0 | $0 |
| 2017 | $1,532 | $49,900 | $0 | $0 |
| 2016 | $1,532 | $49,900 | $0 | $0 |
| 2015 | $1,484 | $49,900 | $0 | $0 |
| 2014 | $1,445 | $48,575 | $0 | $0 |
| 2013 | $1,370 | $43,625 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/29/2025 10/29/25 | Price Changed | $345,000 | -2.8% | $189 / Sq Ft | |
| 09/29/2025 09/29/25 | Price Changed | $355,000 | -2.7% | $194 / Sq Ft | |
| 08/28/2025 08/28/25 | Price Changed | $365,000 | -2.7% | $199 / Sq Ft | |
| 07/28/2025 07/28/25 | Price Changed | $375,000 | -5.8% | $205 / Sq Ft | |
| 07/01/2025 07/01/25 | Price Changed | $398,000 | -0.3% | $217 / Sq Ft | |
| 06/03/2025 06/03/25 | Price Changed | $399,000 | -0.3% | $218 / Sq Ft | |
| 04/14/2025 04/14/25 | For Sale | $400,000 | -36.5% | $219 / Sq Ft | |
| 05/29/2020 05/29/20 | Pending | -- | -- | -- | |
| 04/29/2020 04/29/20 | For Sale | $630,000 | +201.4% | $344 / Sq Ft | |
| 04/22/2020 04/22/20 | Off Market | $209,000 | -- | -- | |
| 03/26/2018 03/26/18 | Sold | $209,000 | -- | $114 / Sq Ft | View Prior Sale |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Apex Title | |
| Warranty Deed | $209,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $205,214 | FHA |
Source: Realtracs
MLS Number: 2817756
APN: 139-005.03
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