NOT LISTED FOR SALE

43 Preston Ln Elmwood, TN 38560

Estimated Value: $348,000 - $451,608

3 Beds
1.5 Baths
1,542 Sq Ft
$259/Sq Ft Est. Value

Last Sold December 20, 2023

Last sale price $430,000 $279 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,197/month

88 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • Central Heating
  • No HOA
  • Cooling Available
  • Ceiling Fan

About This Home

As of December 2023

If country living is what you're looking for then don't let this opportunity pass you by. Nice 3 bedroom 1.5 bath home with rolling green pastures and some woodland throughout perfect for the avid hunters, all under fence, with pond , perfect for cattle or horses. From the back portion of the property you can see views of Cordell Hull Lake. There's a large 30x60 shop building perfect for your UTV's or Boat, 30x21 portable cover for hay or farm equipment , portable carport 24x26, Twin Lakes Fiber Optic Internet, Greenbelt , Nestled just a short drive from town, and boat launching ramps nearby this property strikes a harmonious balance between seclusion and convenience. Tract 4 could be an additional home site.

Last Agent to Sell the Property

Joyce Kent

CD Poindexter Realty & Auction Brokerage Phone: 6154182244 License #274295 Listed on: 08/30/2023

Last Buyer's Agent

Samantha Kirby

Discover Realty & Auction, LLC License #347417

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $649

Year Built

  • Built in 1951

Lot Details

  • 20.53 Acre Lot
  • Lot Has A Rolling Slope

Parking

  • 4 Car Garage
  • 2 Carport Spaces

Home Design

  • Cottage
  • Shingle Roof
  • Asbestos

Interior Spaces

  • 1,542 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Crawl Space

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Schools

  • Forks River Elementary
  • Smith County High School

Utilities

  • Cooling Available
  • Central Heating
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4,5,6
  • Assessor Parcel Number 043 00200 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$649

Year Built

Built in 1951

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 1951
  • Unit Levels: One
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Attribution Contact: 6154182244
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Flooring: Carpet, Finished Wood, Vinyl
  • Total Bedrooms: 3
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 1542
  • Building Area Units: Square Feet
  • Living Area: 1542
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Owner

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Covered Parking Spaces: 6
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Detached
  • Total Parking Spaces: 6

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Rolling Slope
  • Lot Size Acres: 20.53
  • Lot Size: UNREGISTERED PLAT
  • Lot Size Units: Acres
  • Parcel #: 043 00200 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 649
  • Tax Lot: 4,5,6

MLS Schools

  • Elementary School: Forks River Elementary
  • High School: Smith County High School
  • Middle Or Junior School: Forks River Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2023
Closed on
Dec 20, 2023
Sold by
Madzia Samuel
Bought by
Stiegler David E and Varelli Regina
Seller's Agent
Joyce Kent
CD Poindexter Realty & Auction
Buyer's Agent
Samantha Kirby
Discover Realty & Auction, LLC
List Price
$485,000
Sold Price
$430,000
Premium/Discount to List
-$55,000
-11.34%
Views
149
Current Estimated Value
$399,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,098
Avg. Annual Appreciation
0.75%
Original Mortgage
$355,000
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2023
Sold by
Madzia Angela
Bought by
Madzia Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 5, 2003
Bought by
Madzia Samuel and Madzia Angela

Purchase Details

Closed on
Nov 3, 1998
Sold by
Grisham Bobby G
Bought by
Doff Stover and Doff Doris

Purchase Details

Closed on
Jun 11, 1996
Bought by
Grisham Bobby G and Grisham Barbara

Purchase Details

Closed on
Aug 29, 1995
Sold by
Keth Wilson Alan
Bought by
Harold Carmen

Purchase Details

Closed on
Jul 13, 1988
Bought by
Webb David Lee and Webb Linda

Purchase Details

Closed on
Oct 14, 1987
Bought by
Alcorn Melvin W and Alcorn Dorothy M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Stiegler David E $430,000 None Listed On Document
Madzia Samuel -- None Listed On Document
Madzia Samuel $66,300 --
Doff Stover $74,900 --
Grisham Bobby G $10,500 --
Harold Carmen $8,274 --
Carman Ray W $7,072 --
Bobby Grisham $8,261 --
Bobby Grisham $32,500 --
Wade Ronnie D $7,612 --
Harold Carman $7,515 --
Morton John T $7,530 --
Webb David Lee -- --
Alcorn Melvin W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stiegler David E $369,100
Closed Stiegler David E $355,000
Previous Owner Madzia Samuel $176,000
Previous Owner Samuel Madzia $86,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2023 12/20/23 Sold $430,000 -5.5% $279 / Sq Ft
11/26/2023 11/26/23 Pending -- -- --
11/22/2023 11/22/23 Price Changed $455,000 -2.0% $295 / Sq Ft
11/04/2023 11/04/23 Price Changed $464,250 -0.1% $301 / Sq Ft
10/24/2023 10/24/23 Price Changed $464,500 -2.1% $301 / Sq Ft
10/10/2023 10/10/23 Price Changed $474,500 -0.2% $308 / Sq Ft
09/19/2023 09/19/23 Price Changed $475,500 -2.0% $308 / Sq Ft
08/30/2023 08/30/23 For Sale $485,000 -- $315 / 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 $1,020 $58,875 $6,550 $52,325
2023 $649 $54,800 $0 $0
2022 $649 $37,450 $6,550 $30,900
2021 $617 $24,875 $4,925 $19,950
2020 $679 $24,875 $4,925 $19,950
2019 $679 $24,875 $4,925 $19,950
2018 $510 $23,825 $4,925 $18,900
2017 $510 $23,825 $4,925 $18,900
2016 $484 $20,875 $4,575 $16,300
2015 $484 $20,875 $4,575 $16,300
2014 $484 $20,875 $4,575 $16,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realtracs

MLS Number: 2565120

Realtracs

APN: 043-002.00