NOT LISTED FOR SALE

4922 Highway 57 E Michie, TN 38357

Estimated Value: $183,000 - $212,000

2 Beds
1 Bath
1,000-1,199 Sq Ft
$163/Sq Ft Est. Value

Last Sold January 29, 2015

Last sale price $40,000 $33 Per Sq Ft

Est. 389% increase in value since last sale

Current estimated payment $1,052/month

22 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Porch
  • Selmer Elementary School Rated 9+
  • Separate Formal Living Room
  • 1 Car Attached Garage

About This Home

As of January 2015

2bd/ 1ba brick home with garage on 2 acres has been recently repossessed and needs a little TLC It has lots of potential with brick walls and hardwood floors in the bedrooms. A person with a little handyman skills, could go a long way here, You could even close off the garage and use it as a big additonal room The mortgage company says "SELL" SO IT IS PRICED BELOW TAX VALUE FOR A FAST SALE FLEXIBLE FINANCING TERMS AVAILABLE WITH 15% DOWN -- BAD CREDIT OK!

Last Agent to Sell the Property

Timothy Crane

2 Cranes Realty License #319481 Listed on: 12/18/2014

Last Buyer's Agent

Timothy Crane

2 Cranes Realty License #319481 Listed on: 12/18/2014

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 2.02 Acre Lot
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,148 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Dining Room
  • Breakfast Bar
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • Side Facing Garage

Additional Features

  • Porch
  • Central Heating and Cooling System

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • List Price Per Sq Ft: 39
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1148
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1, Shared Bath, Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood, Vinyl Floor
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Breakfast Bar, Washer/Dryer Connections
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1A
  • Parking Storage: Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees, Level
  • Acreage: 2.02
  • Lot Size: 2.02 acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2022
Sold by
Knight Anthony A
Bought by
Melton William and Nash Mollie
Current Estimated Value
$195,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,283
Outstanding Balance
$110,697
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$84,771

Purchase Details

Closed on
Oct 15, 2019
Sold by
Crazy K Ranch Llc
Bought by
Knight Anthony E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,229
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 18, 2014
Closed on
Jan 26, 2015
Sold by
Afg Holdings Llc
Bought by
Crazy K Ranch Llc and Kires C O Sammy
Seller's Agent
Timothy Crane
2 Cranes Realty
Buyer's Agent
Timothy Crane
2 Cranes Realty
List Price
$45,000
Sold Price
$40,000
Premium/Discount to List
-$5,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.53%

Purchase Details

Closed on
Sep 12, 2014
Sold by
Hubanks Sherry
Bought by
Afg Holdings Llc

Purchase Details

Closed on
Oct 3, 2005
Sold by
Davis Sandra K
Bought by
Sherry Hubanks

Purchase Details

Closed on
Aug 19, 2005
Bought by
Davis K Sandra

Purchase Details

Closed on
Nov 6, 2003
Sold by
Davis Sandra K
Bought by
King Cathy A
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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Purchase History

Date Buyer Sale Price Title Company
Melton William $120,000 --
Knight Anthony E $85,000 --
Crazy K Ranch Llc $40,000 --
Afg Holdings Llc $44,000 --
Sherry Hubanks $63,000 --
Davis K Sandra -- --
King Cathy A $16,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melton William $116,283
Previous Owner Knight Anthony E $86,229
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2015 01/29/15 Sold $40,000 -11.1% $40 / Sq Ft
01/09/2015 01/09/15 Pending -- -- --
12/18/2014 12/18/14 For Sale $45,000 -- $45 / Sq Ft
Source: Memphis Area 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 $475 $30,100 $0 $0
2024 $475 $30,100 $4,525 $25,575
2023 $475 $30,100 $4,525 $25,575
2022 $475 $30,100 $4,525 $25,575
2021 $459 $22,450 $2,850 $19,600
2020 $459 $22,450 $2,850 $19,600
2019 $266 $22,450 $2,850 $19,600
2018 $266 $12,975 $2,850 $10,125
2017 $266 $12,975 $2,850 $10,125
2016 $260 $12,975 $2,850 $10,125
2015 $271 $12,975 $2,850 $10,125
2014 $285 $13,625 $3,150 $10,475
Source: Public Records

Agents Affiliated with this Home

  • Timothy Crane

    Seller's Agent in 2015

    Timothy Crane

    2 Cranes Realty

    (731) 607-0118

    165 Total Sales

    Timothy Crane
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9941928

Memphis Area Association of REALTORS®

APN: 132-028.04

Tennessee Mcnairy County Michie 38357

4922 Highway 57 E, Michie, TN

Not Listed for Sale

Detached

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