$225,000
SOLD SEP 2, 2021

385 Palmetto Rd Lewisburg, TN 37091

4 Beds
2 Baths
1,960 Sq Ft
10.09 Acres

Recently Sold

$115 Per Sq Ft

29% Below List Price

115 Days on Market

Highlights

  • Above Ground Pool
  • 1 Fireplace
  • Outdoor Storage
  • Deck
  • Cooling Available
  • Central Heating

About This Home

As of September 2021

INVESTMENT PROPERTY!!! Large, fixer upper home on 10.09 acres with identified perc site on the back 5 acres. Access to the property from Mount Rd. on the back side of the property is available if desired. Numerous outbuildings available for storage/workshop usage. Unrestricted land. Please call listing agent with any questions.

Last Agent to Sell the Property

Lauren Whittle

Keller Williams Russell Realty & Auction License # 351263 Listed on: 03/20/2021

Keller Williams Russell Realty & Auction

Last Buyer's Agent

Erin Krueger

Compass Tennessee, LLC License #309197

Compass Tennessee, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $930

Year Built

  • Built in 1976

Lot Details

  • 10.09 Acre Lot
  • Chain Link Fence
  • Level Lot

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,960 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • 1 Fireplace
  • Crawl Space

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Outdoor Features

  • Above Ground Pool
  • Deck
  • Outdoor Storage

Schools

  • Liberty Elementary School
  • Community Middle School
  • Community High School

Utilities

  • Cooling Available
  • Central Heating
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 084 00300 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$930

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1976
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Vinyl
  • Total Bedrooms: 4
  • Main Level Bedrooms: 4
  • Full Bathrooms: 2
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 1960
  • Building Area Units: Square Feet
  • Living Area: 1960
  • Living Area Units: Square Feet

Exterior Features

  • Exterior Features: Storage
  • Construction Type: Vinyl Siding
  • Fencing: Chain Link
  • Patio And Porch Features: Deck
  • Pool Features: Above Ground
  • Pool Private: Yes
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Covered Parking Spaces: 2
  • Garage Yn: No
  • Parking Features: Attached
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling: Electric, Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 10.09
  • Lot Size Units: Acres
  • Parcel #: 084 00300 000
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 930

MLS Schools

  • Elementary School: Liberty Elementary
  • High School: Community School
  • Middle Or Junior School: Community Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2021
Closed on
Aug 31, 2021
Sold by
Abed Karen L
Bought by
Brooks Dallace Philip and Brooks Lisa Margaret
Seller's Agent
Lauren Whittle
Keller Williams Russell Realty & Auction
Buyer's Agent
Erin Krueger
Compass Tennessee, LLC
List Price
$315,000
Sold Price
$225,000
Premium/Discount to List
-$90,000
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.15%
Original Mortgage
$207,364
Outstanding Balance
$190,476
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$299,583

Purchase Details

Listed on
Mar 20, 2021
Closed on
Aug 30, 2021
Sold by
Cook Wayne K
Bought by
Abed Karen L
Seller's Agent
Lauren Whittle
Keller Williams Russell Realty & Auction
Buyer's Agent
Erin Krueger
Compass Tennessee, LLC
List Price
$315,000
Sold Price
$225,000
Premium/Discount to List
-$90,000
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,364
Outstanding Balance
$190,476
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$299,583

Purchase Details

Closed on
Nov 25, 1992
Bought by
Abed William A and Abed Karen L

Purchase Details

Closed on
Nov 17, 1992
Bought by
Professional Asset Management In Tenn In

Purchase Details

Closed on
Feb 9, 1976
Bought by
Boyce Wayne and Boyce Patricia S
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 Type Sale Price Title Company
Warranty Deed $225,000 Security T&E Co Llc
Quit Claim Deed -- Security Title & Escrow Co
Warranty Deed $75,000 --
Warranty Deed $98,700 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $75,000 Credit Line Revolving
Open $207,364 New Conventional
Previous Owner $10,000 No Value Available
Previous Owner $79,100 No Value Available
Previous Owner $89,815 No Value Available
Previous Owner $44,500 No Value Available
Previous Owner $37,218 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 Price Changed $125,000 -73.7% --
07/30/2025 07/30/25 Price Changed $475,000 +198.7% $242 / Sq Ft
07/18/2025 07/18/25 Price Changed $159,000 -62.6% --
07/18/2025 07/18/25 Price Changed $425,000 -14.1% $217 / Sq Ft
07/18/2025 07/18/25 Price Changed $495,000 +148.7% $253 / Sq Ft
06/27/2025 06/27/25 For Sale $199,000 -53.7% --
06/27/2025 06/27/25 For Sale $430,000 -14.0% $219 / Sq Ft
05/08/2025 05/08/25 Price Changed $499,999 -4.8% $255 / Sq Ft
04/22/2025 04/22/25 Price Changed $525,000 -0.9% $268 / Sq Ft
04/07/2025 04/07/25 Price Changed $530,000 -0.9% $270 / Sq Ft
03/24/2025 03/24/25 For Sale $535,000 +137.8% $273 / Sq Ft
09/02/2021 09/02/21 Sold $225,000 -28.6% $115 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
03/20/2021 03/20/21 For Sale $315,000 -- $161 / 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 $1,185 $50,950 $14,850 $36,100
2023 $1,185 $50,950 $14,850 $36,100
2022 $1,185 $50,950 $14,850 $36,100
2021 $1,001 $50,950 $14,850 $36,100
2020 $930 $50,950 $14,850 $36,100
2019 $930 $34,975 $11,000 $23,975
2018 $895 $34,975 $11,000 $23,975
2017 $895 $34,975 $11,000 $23,975
2016 $881 $34,975 $11,000 $23,975
2015 $881 $34,975 $11,000 $23,975
2014 $820 $36,132 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2241148

Realtracs

APN: 084-003.00