NOT LISTED FOR SALE

488 Adams Ln Lafayette, TN 37083

Estimated Value: $119,000 - $231,546

3 Beds
1 Bath
1,250 Sq Ft
$138/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $130,000 $104 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $948/month

12 Days on Market

Highlights

  • Wood Burning Stove
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Wood Flooring
  • Eat-In Kitchen
  • Combination Dining and Living Room

About This Home

As of September 2023

Motivated seller! Make us an offer! Almost 7 acres with the opportunity to have that seclusion and privacy you been looking for. Fence on property line on both sides of property. Metal constructed home with 3 bedrooms, 1 bath. Home needs some TLC. Property has lots of trees, with woods leading down to a creek. Has an old road bed leading to the back of the woods. Inspections will be for informational purposes only. Being sold “as is”. Conventional loan or cash

Last Agent to Sell the Property

Annette Morgan

BHGRE, Ben Bray & Associates License #363236 Listed on: 06/27/2023

Last Buyer's Agent

Caleb Fleming

BHGRE, Ben Bray & Associates License #364404

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $415

Year Built

  • Built in 2011

Lot Details

  • 6.84 Acre Lot

Parking

  • Gravel Driveway

Interior Spaces

  • 1,250 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Wood Burning Stove
  • Combination Dining and Living Room
  • Crawl Space
  • Eat-In Kitchen

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Lafayette Elementary School
  • Macon County Junior High School
  • Macon County High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 017 02802 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$415

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2011
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), Utility Connection
  • Appliances: Refrigerator
  • Fireplace: No
  • Flooring: Finished Wood, Laminate, Other
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 1250
  • Building Area Units: Square Feet
  • Living Area: 1250
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Other
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway, Gravel

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Stove, Wood
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 6.84
  • Lot Size Units: Acres
  • Parcel #: 017 02802 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 415

MLS Schools

  • Elementary School: Lafayette Elementary School
  • High School: Macon County High School
  • Middle Or Junior School: Macon County Junior High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2023
Closed on
Sep 1, 2023
Sold by
Dean Jonathan and Hollis Kenneth
Bought by
Busha Ryan and Busha Christina
Seller's Agent
Annette Morgan
BHGRE, Ben Bray & Associates
Buyer's Agent
Caleb Fleming
BHGRE, Ben Bray & Associates
List Price
$195,000
Sold Price
$130,000
Premium/Discount to List
-$65,000
-33.33%
Views
52
Current Estimated Value
$171,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,887
Avg. Annual Appreciation
13.87%

Purchase Details

Closed on
Dec 19, 2022
Sold by
Dean Kimberly
Bought by
Dean Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2013
Sold by
Swindle Hillas
Bought by
Dean Jonathan and Dean Kimberly
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
Busha Ryan $130,000 Benchmark Title
Dean Jonathan -- Benchmark Title
Dean Jonathan -- Benchmark Title
Dean Jonathan -- Benchmark Title
Dean Jonathan $39,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dean Jonathan $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2023 09/01/23 Sold $130,000 -33.3% $104 / Sq Ft
07/09/2023 07/09/23 Pending -- -- --
06/27/2023 06/27/23 For Sale $195,000 -- $156 / 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 $477 $33,750 $12,700 $21,050
2023 $477 $33,750 $0 $0
2022 $415 $17,275 $5,975 $11,300
2021 $415 $17,275 $5,975 $11,300
2020 $415 $17,275 $5,975 $11,300
2019 $415 $17,275 $5,975 $11,300
2018 $382 $17,275 $5,975 $11,300
2017 $384 $15,250 $5,025 $10,225
2016 $366 $15,250 $5,025 $10,225
2015 $366 $15,250 $5,025 $10,225
2014 $366 $15,261 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2541558

Realtracs

APN: 017-028.02