NOT LISTED FOR SALE

4922 Highway 57 E Michie, TN 38357

Estimated Value: $166,000 - $197,000

2 Beds
1 Bath
1,000-1,199 Sq Ft
$152/Sq Ft Est. Value

Last Sold January 29, 2015

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

Est. 356% increase in value since last sale

Current estimated payment $1,008/month

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

Est. Annual Taxes

  • $475

Year Built

  • Built in 1959

Lot Details

  • 2.02 Acre Lot
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • 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

Est. Annual Taxes

$475

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 695A
  • List Price Per Sq Ft: 39
  • Number Of Stories: 1
  • Price Per Sq Ft: 34.84
  • 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
  • Total Bathrooms: 1
  • 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
  • Price Per Acre: 22277

Multi Family

  • Number Of Rooms: 5

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
$182,579

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
$110,859
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$71,720

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
15.22%

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:

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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
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
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

    154 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

This home is located at 4922 Highway 57 E, Michie, TN 38357 since 18 December 2014 and is currently estimated at $182,579, approximately $152 per square foot. This property was built in 1959. 4922 Highway 57 E is a home located in McNairy County with nearby schools including Michie Elementary School, Ramer Elementary School, and Selmer Elementary School.

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