NOT LISTED FOR SALE

488 Red Oak Rd Petersburg, TN 37144

Estimated Value: $157,000 - $236,631

1 Bed
1 Bath
676 Sq Ft
$289/Sq Ft Est. Value

Last Sold May 24, 2019

Last sale price $90,000 $133 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $1,067/month

114 Days on Market

Highlights

  • Window Unit Cooling System
  • Heating Available
  • Property has 1 Level

About This Home

As of May 2019

Charming 1 bd 1 ba cottage in a country setting with 15 acres great for hunting or a weekend getaway. Attic is 23x15 already wired. Land is partially fenced. Cash or conventional only.

Last Agent to Sell the Property

Dana Matheson

Keller Williams Russell Realty & Auction License #331529 Listed on: 01/26/2019

Keller Williams Russell Realty & Auction

Last Buyer's Agent

Dana Matheson

Keller Williams Russell Realty & Auction License #331529 Listed on: 01/26/2019

Keller Williams Russell Realty & Auction

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $236

Year Built

  • Built in 1900

Lot Details

  • 15 Acre Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 676 Sq Ft Home
  • Property has 1 Level
  • Laminate Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Schools

  • Unity Elementary School
  • Lincoln County Ninth Grade Academy Middle School
  • Lincoln Co High School

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 052032 00800 00015032

Home Details

Home Type

Single Family

Est. Annual Taxes

$236

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1900
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Laminate
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 676
  • Building Area Units: Square Feet
  • Living Area: 676
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Vinyl Siding
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Private
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Unit(s)
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time
  • Senior Community: No

Lot Info

  • Lot Size Acres: 15
  • Lot Size Units: Acres
  • Parcel #: 052032 00800 00015032
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 236

MLS Schools

  • Elementary School: Unity School
  • High School: Lincoln Co High School
  • Middle Or Junior School: Lincoln County Ninth Grade Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2019
Closed on
May 24, 2019
Sold by
Lamon Derick
Bought by
Campbell Sheila
Seller's Agent
Dana Matheson
Keller Williams Russell Realty & Auction
Buyer's Agent
Dana Matheson
Keller Williams Russell Realty & Auction
List Price
$115,000
Sold Price
$90,000
Premium/Discount to List
-$25,000
-21.74%
Current Estimated Value
$195,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,658
Avg. Annual Appreciation
12.75%

Purchase Details

Closed on
Nov 23, 2015
Sold by
Morris Ottie H
Bought by
Lamon Derick M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,425
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2010
Sold by
Johnson Linda Jay Hamlin
Bought by
Morris Ottie H

Purchase Details

Closed on
Oct 2, 1952
Bought by
Hamlin Horace and Hamlin Sarah
Source: Public Records

Range of Values:

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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
Campbell Sheila $90,000 Marshall County T&E
Campbell Sheila $90,000 Marshall County T&E
Lamon Derick M $75,000 --
Lamon Derick M $75,000 --
Morris Ottie H $60,500 --
Morris Ottie H $60,500 --
Hamlin Horace -- --
Hamlin Horace -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lamon Derick M $67,425
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2019 05/24/19 Sold $90,000 -21.7% $133 / Sq Ft
05/20/2019 05/20/19 Pending -- -- --
01/26/2019 01/26/19 For Sale $115,000 -- $170 / 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 $452 $23,800 $9,550 $14,250
2023 $329 $15,675 $6,275 $9,400
2022 $329 $15,675 $6,275 $9,400
2021 $329 $15,675 $6,275 $9,400
2020 $329 $15,675 $6,275 $9,400
2019 $317 $15,675 $6,275 $9,400
2018 $236 $9,500 $4,125 $5,375
2017 $222 $9,500 $4,125 $5,375
2016 $222 $9,500 $4,125 $5,375
2015 -- $9,500 $4,125 $5,375
2014 $186 $9,500 $4,125 $5,375
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2006323

Realtracs

APN: 032-008.00