NOT LISTED FOR SALE

455 Laager Cir Unit 1 Palmer, TN 37365

Estimated Value: $96,000 - $233,000

3 Beds
1 Bath
1,975 Sq Ft
$75/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $85,000 $43 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $704/month

90 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating

About This Home

As of June 2024

Enjoy rural living at 455 Laager Circle. This charming house sits on 4.61 acres and is ready for new owners to call it home. This home features a functional kitchen, low-maintenance metal roof, and a storm shelter. It's waiting for someone to renovate into a modern homestead. Please be aware that this property does need significant work, and much of the value is in the land. We are aware of termite damage, but not sure how extensive. The termites have been treated and are no longer active. Structural repairs will not be made. This is an As-Is sale. Prospective buyers are welcome to diligence and inspections with permission of the listing agent, but sellers will not accept offers with any contingencies. This property can only be purchased with cash. No traditional financing and no seller financing.

Last Agent to Sell the Property

Sarah Brogdon

Real Estate Partners Chattanooga, LLC Brokerage Phone: 4232904416 License #324028 Listed on: 02/23/2024

Real Estate Partners Chattanooga, LLC

Last Buyer's Agent

David Dancy

Mossy Oak Properties Land Sales LLC License #329529

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $482

Year Built

  • Built in 1940

Lot Details

  • 4.61 Acre Lot
  • Lot Dimensions are 653x337

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,975 Sq Ft Home
  • Property has 3 Levels
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • 1 Carport Space

Schools

  • Palmer Elementary School
  • Grundy Co High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 056 03300 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$482

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1940
  • Unit Levels: Three Or More
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 4232904416
  • Special Features: None

Interior Features

  • Interior Amenities: Open Floorplan, Primary Bedroom Main Floor
  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Has Basement: Crawl Space
  • Building Area Units: Square Feet
  • Living Area: 1975
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Other
  • Pool Private: No
  • Roof: Asphalt
  • 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: Detached
  • Total Parking Spaces: 1

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Propane
  • Heating Yn: Yes
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 4.61
  • Lot Size: 653x337
  • Lot Size Units: Acres
  • Parcel #: 056 03300 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 482

MLS Schools

  • Elementary School: Palmer Elementary
  • High School: Grundy Co High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
Jun 18, 2024
Sold by
Rollins Donna and Roberts Mary
Bought by
New Vision Investments Llc
Seller's Agent
Sarah Brogdon
Real Estate Partners Chattanooga, LLC
Buyer's Agent
David Dancy
Mossy Oak Properties Land Sales LLC
List Price
$125,000
Sold Price
$85,000
Premium/Discount to List
-$40,000
-32%
Current Estimated Value
$119,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,557
Avg. Annual Appreciation
66.74%

Purchase Details

Closed on
Apr 4, 2024
Sold by
Rollins Donna and Meeks Edna J
Bought by
Meeks Edna J

Purchase Details

Closed on
Feb 16, 2017
Sold by
Meeks Edna
Bought by
Reeves Morris and Reeves Natalie

Purchase Details

Closed on
Dec 31, 2012
Sold by
Rollins Donna
Bought by
Reeves Morris D and Reeves Natalie N

Purchase Details

Closed on
Feb 27, 2003
Sold by
Meeks Mart & Juanita
Bought by
Reeves Morris
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 Buyer Sale Price Title Company
New Vision Investments Llc $85,000 Team Title
Meeks Edna J -- None Listed On Document
Reeves Morris $500 --
Reeves Morris D $2,000 --
Reeves Morris $1,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $85,000 -32.0% $43 / Sq Ft
05/23/2024 05/23/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $125,000 -- $63 / 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 $523 $36,700 $5,000 $31,700
2023 $523 $36,700 $5,000 $31,700
2022 $482 $21,775 $3,275 $18,500
2021 $595 $26,875 $3,275 $23,600
2020 $595 $26,875 $3,275 $23,600
2019 $392 $18,750 $2,875 $15,875
2018 $392 $15,425 $2,875 $12,550
2017 $407 $15,425 $2,875 $12,550
2016 $407 $16,050 $3,500 $12,550
2015 $408 $16,075 $3,500 $12,575
2014 $408 $16,063 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2711906

Realtracs

APN: 056-033.00