NOT LISTED FOR SALE

4031 Old Light Cir Unit 501 Arrington, TN 37014

College Grove Neighborhood

Estimated Value: $1,297,946 - $1,478,000

4 Beds
3 Baths
3,804 Sq Ft
$363/Sq Ft Est. Value

Last Sold December 11, 2016

Last sale price $624,985 $164 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $8,042/month

42 Days on Market

About This Home

As of December 2016

Plan features 4 bedrooms 2 on main 2 on top level Island kitchen open to family room,12 foot ceilings in main living areas,front covered porch and rear covered porch with access to master. Large master suite w/tray ceiling,Granite in all bathrooms.

Last Agent to Sell the Property

Shelly Dawson

Compass RE License # 302117 Listed on: 05/16/2016

Compass RE

Co-Listed By

Marabeth Poole

Onward Real Estate License #325409

Last Buyer's Agent

McClain Franks

Battle Ground Realty License #306747

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,374

Year Built

  • 2016

Lot Details

  • 0.32

Interior Spaces

  • Ceiling Fan

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,374

Year Built

2016

Lot Details

0

Listing Details

  • Miscellaneous Features: Entry Foyer
  • Subdivision: Kings Chapel
  • Year Built Information: New
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2016

Interior Features

  • Appliances: Disposal, Microwave, Dishwasher
  • Fireplaces: 1
  • Floor Types: Carpet, Finished Wood, Tile
  • Interior Amenities: Ceiling Fan, Smoke Alarm, Walk-In Closets
  • Main Floor Bedrooms: 2
  • Bedrooms Second Floor: 2
  • Bedroom 1 Description: Master BR Downstairs
  • Main Level Full Bathrooms: 2
  • Second Level Full Bathrooms: 1
  • Primary Bathroom Description: Double Vanities
  • Primary Bathroom Type: Sep. Shower/Tub
  • Kitchen Description: Pantry
  • Oven Description: Double Oven
  • Range Description: Cooktop
  • Basement Description: Crawl
  • Sq Ft Main Floor: 2377
  • Sq Ft Second Floor: 1427

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: All Brick
  • Patio/Deck: Covered Porch

Garage/Parking

  • Driveway Type: Aggregate
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Heating: Central
  • Sewer: Sewer
  • Water Source: City Water

Condo/Co-op/Association

  • Association Fee: 100

Association/Amenities

  • Community Amenities: Clubhouse, Fitness Center, Gated Community, Pool, Underground Utilities, Walking Trail

Schools

  • Elementary School: College Grove Elementary
  • Middle School: Fred J Page Middle School
  • High School: Fred J Page High School

Green Features

  • Green Features: Fireplace Insert, Sealed Ducting

Lot Info

  • Lot Number: 501
  • Lot Size: 96x145

MLS Schools

  • Elementary School ID: 1618
  • High School ID: 1625
  • Junior High School ID: 1626

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2024
Sold by
Medolla Jeffrey
Bought by
Harrell Anthony Ray and Harrell Christy L
Total Days on Market
42
Current Estimated Value
$1,382,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$594,832
Interest Rate
6.88%
Mortgage Type
Credit Line Revolving
Estimated Equity
$779,983

Purchase Details

Closed on
Jul 29, 2022
Sold by
Gerth Vernon J and Gerth Shari L
Bought by
Medolla Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2017
Sold by
Hidaway Devleopment Llc
Bought by
Gerth Shari

Purchase Details

Closed on
Feb 10, 2016
Sold by
Ashby Communties Llc
Bought by
Old South Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Interest Rate
4.04%
Mortgage Type
Construction
Source: Public Records

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Range of Values:

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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
Harrell Anthony Ray $1,325,000 Chapman & Rosenthal Title
Medolla Jeffrey $1,050,000 None Listed On Document
Gerth Shari $174,900 Tn Title
Old South Construction Llc $140,000 Stewart Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harrell Anthony Ray $250,000
Open Harrell Anthony Ray $600,000
Previous Owner Medolla Jeffrey $475,000
Previous Owner Old South Construction Llc $510,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2016 12/11/16 Sold $624,985 -3.8% $164 / Sq Ft
06/27/2016 06/27/16 Pending -- -- --
05/16/2016 05/16/16 For Sale $649,900 -- $171 / 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 $3,374 $179,475 $42,500 $136,975
2023 $3,374 $179,475 $42,500 $136,975
2022 $3,374 $179,475 $42,500 $136,975
2021 $3,374 $179,475 $42,500 $136,975
2020 $3,482 $156,825 $32,500 $124,325
2019 $3,482 $156,825 $32,500 $124,325
2018 $3,372 $156,825 $32,500 $124,325
2017 $3,372 $156,825 $32,500 $124,325
2016 $699 $32,500 $32,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: RTC1510412

Realtracs

APN: 109N-F-001.00