NOT LISTED FOR SALE

436 Penny Ln Sparta, TN 38583

Estimated Value: $231,000 - $307,000

3 Beds
2 Baths
1,344 Sq Ft
$202/Sq Ft Est. Value

Last Sold March 19, 2020

Last sale price $99,000 $74 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $1,482/month

Highlights

  • No HOA
  • 1-Story Property
  • 2 Car Garage
  • Findlay Elementary School Rated A-

About This Home

As of March 2020

Country Cape design with a full basement, covered front porch faces beautiful open fields. Open floor plan, @.93 acre. 2 car garage, 3rd bathroom in unfinished basement. You must have proof of funds or a lender letter that reads: your credit, income, and any funds needed to close have been verified - it can not be a state pre-approval. Have lender review the PCR to determine if the loan will accept as-is. This home qualifies for $100.00 down payment program, for HUD Owned Homes, subject to a new FHA appraisal. Seller may contribute up to 3% for buyer's closing costs, upon buyer request. An executed contract and signed permission must be in place before utilities and inspections may be initiated. Should buyer need utilities on for any inspections and/or appraisal, the buyer is responsible for the cost to have utilities turned on in their name and any cost of winterization. Buyer's agent review agent only comments & deed under addendums.

Last Agent to Sell the Property

Janice Moores

First Realty Company Brokerage Phone: 9315281573 Listed on: 01/08/2020

Last Buyer's Agent

Janice Moores

First Realty Company Brokerage Phone: 9315281573 Listed on: 01/08/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $512

Year Built

  • Built in 2003

Lot Details

  • 0.93 Acre Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 1,344 Sq Ft Home
  • 1-Story Property
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 017.03

Home Details

Home Type

Single Family

Est. Annual Taxes

$512

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Attribution Contact: 9315281573
  • Directions: In Sparta on N Spring, turn Eastward on Turntable Road, continue on Ray Broyles, at Monterey Hwy turn left, turn right at Doran Road, left at Penny. At the end of the cul-de-sac continue on to the gravel easement that leads to the house.
  • Unit Levels: One
  • Prop. Type: Residential
  • Year Built: 2003
  • Property Sub Type: Site Built
  • Lot Size Acres: 0.93
  • Lot Size: 0.93@
  • Subdivision Name: Other
  • Carport Y N: No
  • Garage Yn: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1344

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Basement
  • Total Parking Spaces: 2

Utilities

  • Electric: TBD by buyer
  • Gas Company: TBD by buyer
  • Water Source: TBD by buyer

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 40511
  • Farm Land Area Units: Square Feet
  • Parcel #: 017.03
  • Irrigation Water Rights: No

Tax Info

  • Tax Annual Amount: 511.99
  • Tax Map Number: 039

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2020
Closed on
Mar 17, 2020
Sold by
Secretary Of Housing & Urban Development
Bought by
Quintana Raul E
Seller's Agent
Janice Moores
First Realty Company
Buyer's Agent
Janice Moores
First Realty Company
Sold Price
$99,000
Current Estimated Value
$271,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,356
Avg. Annual Appreciation
19.09%
Original Mortgage
$111,757
Outstanding Balance
$98,780
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$172,576

Purchase Details

Closed on
Sep 24, 2019
Sold by
Bankunited Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Mar 20, 2019
Sold by
Scott Gary W and Scott Jennifer D
Bought by
Bankunited Na

Purchase Details

Closed on
Mar 8, 2019
Sold by
Scott Gary W
Bought by
Scott Jennifer D and Bradley Jennifer D

Purchase Details

Closed on
Jan 25, 2007
Sold by
Scott Gary W
Bought by
Lee Jenkins Ricky

Purchase Details

Closed on
Nov 4, 2002
Bought by
Bradley Jennifer D and Scott Gary W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Quintana Raul E $99,000 None Available
Secretary Of Housing & Urban Development -- None Available
Bankunited Na $105,300 None Available
Scott Jennifer D -- None Available
Lee Jenkins Ricky $8,750 --
Bradley Jennifer D $3,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quintana Raul E $111,757
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2020 03/19/20 Sold $99,000 0.0% $74 / Sq Ft
01/01/1970 01/01/70 Off Market $99,000 -- --
Source: Upper Cumberland Association of REALTORS®

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
2025 $675 $57,500 $0 $0
2024 $675 $32,950 $2,450 $30,500
2023 $675 $32,950 $2,450 $30,500
2022 $675 $32,950 $2,450 $30,500
2021 $675 $32,950 $2,450 $30,500
2020 $675 $32,950 $2,450 $30,500
2019 $512 $24,975 $1,975 $23,000
2018 $512 $24,975 $1,975 $23,000
2017 $512 $24,975 $1,975 $23,000
2016 $512 $24,975 $1,975 $23,000
2015 $462 $24,975 $1,975 $23,000
2014 -- $24,975 $1,975 $23,000
2013 -- $24,625 $1,925 $22,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Cumberland Association of REALTORS®

MLS Number: 195710

Upper Cumberland Association of REALTORS®

APN: 039-017.03