$120,000
SOLD JUL 12, 2025

388 Rabbit Trail Rd Leoma, TN 38468

3 Beds
1 Bath
992 Sq Ft
2.2 Acres

Recently Sold

$121 Per Sq Ft

20% Below List Price

142 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Propane
  • Lawrenceburg Public Elementary School Rated A-
  • Carpet
  • Property has 1 Level

About This Home

As of July 2025

DRASTICALLY REDUCED FOR QUICK SALE! BANK FORECLOSURE! 2.2 Acres!!! Take a look at this cute 3-bedroom ranch. Attached carport. Good size kitchen. Huge, oversized master bedroom. All sitting on 2.2 acres. City water, new 3-bedroom septic installed in 2020. Does have a well also on property. 2 outbuildings. Storm shelter. Home has propane ran to the home for heat, wall heaters are removed. Window A/C. This will not last long! Selling "AS IS, WHERE IS. NO WARRANTIES OR GUARANTEES. Cash or conventional loans only!

Last Agent to Sell the Property

Donna Corbin

Corbin & Company Realty, LLC Brokerage Phone: 9316295228 License #276923 Listed on: 01/28/2025

Last Buyer's Agent

Donna Corbin

Corbin & Company Realty, LLC Brokerage Phone: 9316295228 License #276923 Listed on: 01/28/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $509

Year Built

  • Built in 1945

Lot Details

  • 2.2 Acre Lot

Home Design

  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 992 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • 1 Carport Space

Schools

  • Leoma Elementary
  • Loretto High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Propane
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 143 00501 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$509

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1945
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • Attribution Contact: 9316295228
  • Special Features: 1028
  • Stories: 1

Interior Features

  • Appliances: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 992
  • Building Area Units: Square Feet
  • Living Area: 992
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Stone, Vinyl Siding
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Covered Parking Spaces: 1
  • Garage Yn: No
  • Parking Features: Attached
  • Total Parking Spaces: 1

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None, Propane
  • Heating Yn: Yes
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 2.2
  • Lot Size Units: Acres
  • Parcel #: 143 00501 000
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 509

MLS Schools

  • Elementary School: Leoma Elementary
  • High School: Loretto High School
  • Middle Or Junior School: Leoma Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2025
Closed on
Jul 9, 2025
Sold by
Bsi Financial Services and Servis One Inc
Bought by
Mahoney And Clay Trust and Mahoney
Seller's Agent
Donna Corbin
Corbin & Company Realty, LLC
Buyer's Agent
Donna Corbin
Corbin & Company Realty, LLC
List Price
$149,900
Sold Price
$120,000
Premium/Discount to List
-$29,900
-19.95%
Views
166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-36.63%

Purchase Details

Closed on
Oct 22, 2024
Sold by
Padgett Law Group and Timothy D Padgett Pa
Bought by
Servis One Inc

Purchase Details

Listed on
Feb 9, 2022
Closed on
Apr 5, 2022
Sold by
Huskey Michael K and Huskey Judy
Bought by
Torrence Roy
Seller's Agent
Tommy Brazier
Affordable Agent Realty LLC
Buyer's Agent
Holly Cavins
Flora Mid-South Realty
List Price
$139,000
Sold Price
$139,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.53%
Original Mortgage
$140,404
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2019
Sold by
Sims Danny Lee and Gulley Jackie Diane
Bought by
Huskey Michael K and Huskey Judy

Purchase Details

Closed on
Jun 3, 1991
Bought by
Sims Charlie E

Purchase Details

Closed on
Nov 16, 1987
Bought by
Simms Danny

Purchase Details

Closed on
Jan 1, 1979
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Special Warranty Deed $109,900 None Listed On Document
Special Warranty Deed $109,900 None Listed On Document
Trustee Deed $89,700 None Listed On Document
Warranty Deed $139,000 Plant Paul B
Warranty Deed $37,500 None Available
Warranty Deed $19,700 --
Deed -- --
Warranty Deed $19,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $140,404 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2025 07/12/25 Sold $120,000 +9.2% $121 / Sq Ft
06/19/2025 06/19/25 Pending -- -- --
06/09/2025 06/09/25 Price Changed $109,900 -15.4% $111 / Sq Ft
04/16/2025 04/16/25 Price Changed $129,900 -13.3% $131 / Sq Ft
01/28/2025 01/28/25 For Sale $149,900 +7.8% $151 / Sq Ft
04/05/2022 04/05/22 Sold $139,000 0.0% $140 / Sq Ft
02/21/2022 02/21/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $139,000 -- $140 / 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 $509 $25,325 $4,800 $20,525
2023 $509 $25,325 $4,800 $20,525
2022 $421 $20,925 $4,800 $16,125
2021 $306 $10,325 $3,125 $7,200
2020 $306 $10,325 $3,125 $7,200
2019 $317 $10,325 $3,125 $7,200
2018 $317 $10,725 $3,525 $7,200
2017 $317 $10,725 $3,525 $7,200
2016 $317 $10,725 $3,525 $7,200
2015 $294 $10,725 $3,525 $7,200
2014 $263 $9,600 $3,525 $6,075
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2784344

Realtracs

APN: 143-005.01