NOT LISTED FOR SALE

501 Belmont Ave Shelbyville, TN 37160

Estimated Value: $526,000 - $578,000

4 Beds
5 Baths
4,265 Sq Ft
$129/Sq Ft Est. Value

Last Sold August 12, 2022

Last sale price $515,000 $121 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,312/month

41 Days on Market

Highlights

  • 0.63 Acre Lot
  • Victorian Architecture
  • Separate Formal Living Room
  • Wood Flooring
  • 4 Fireplaces
  • No HOA

About This Home

As of August 2022

Remarkably renovated historic Victorian featuring 2 story foyer with amazing staircase, 4 bedrooms 3 full & 2 half baths, 2 primary suites, 4 fireplaces, Shaker style cabinets & granite countertops in kitchen, gorgeous hardwoods, granite in all baths, stainless appliances Over 4,000 square feet! Beautiful covered porches and balconies, new deck, new privacy fencing, security system. A Must See!!

Last Agent to Sell the Property

Tad Craig

Craig and Wheeler Realty & Auction License #256440 Listed on: 05/19/2022

Last Buyer's Agent

Tad Craig

Craig and Wheeler Realty & Auction License #256440 Listed on: 05/19/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,449

Year Built

  • Built in 1890

Lot Details

  • 0.63 Acre Lot
  • Privacy Fence

Parking

  • Gravel Driveway

Home Design

  • Victorian Architecture

Interior Spaces

  • 4,265 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • 4 Fireplaces
  • Separate Formal Living Room
  • Crawl Space
  • Home Security System

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet

Outdoor Features

  • Covered Deck
  • Covered Patio or Porch

Schools

  • East Side Primary Elementary School
  • Harris Middle School
  • Central High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 089G N 01800 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,449

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Victorian
  • Year Built: 1890
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RENOV
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Ceiling Fan(s), Utility Connection, Walk-In Closet(s)
  • Appliances: Microwave, Dishwasher
  • Fireplace: Yes
  • Fireplaces: 4
  • Flooring: Finished Wood, Tile
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 4265
  • Building Area Units: Square Feet
  • Living Area: 4265
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Construction Type: Fiber Cement
  • Fencing: Privacy
  • Patio And Porch Features: Covered Deck, Covered Porch
  • 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: Public Sewer
  • Water Source: Public
  • Cooling: Electric, Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Central
  • Heating Yn: Yes
  • Security: Security System

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.63
  • Lot Size: 94 X 315.5 IRR
  • Lot Size Units: Acres
  • Parcel #: 089G N 01800 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 4449

MLS Schools

  • Elementary School: East Side Primary
  • High School: Central High School
  • Middle Or Junior School: Harris Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2022
Closed on
Aug 12, 2022
Sold by
Christine Davis
Bought by
Curtis Patrick M
Seller's Agent
Tad Craig
Craig and Wheeler Realty & Auction
Buyer's Agent
Tad Craig
Craig and Wheeler Realty & Auction
List Price
$745,000
Sold Price
$515,000
Premium/Discount to List
-$230,000
-30.87%
Current Estimated Value
$552,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,067
Avg. Annual Appreciation
2.14%
Original Mortgage
$412,000
Outstanding Balance
$393,442
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$158,625

Purchase Details

Listed on
May 19, 2022
Closed on
Aug 11, 2022
Sold by
Richard Shafer Derek
Bought by
Davis Misty L and Davis Christine
Seller's Agent
Tad Craig
Craig and Wheeler Realty & Auction
Buyer's Agent
Tad Craig
Craig and Wheeler Realty & Auction
List Price
$745,000
Sold Price
$515,000
Premium/Discount to List
-$230,000
-30.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Outstanding Balance
$393,442
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$158,625

Purchase Details

Listed on
Jul 3, 2019
Closed on
Aug 7, 2020
Sold by
Stefanski John A
Bought by
Davis Christine and Davis Misty L
Seller's Agent
Tad Craig
Craig and Wheeler Realty & Auction
Buyer's Agent
Tad Craig
Craig and Wheeler Realty & Auction
List Price
$399,900
Sold Price
$355,000
Premium/Discount to List
-$44,900
-11.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.33%
Original Mortgage
$248,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2019
Sold by
Global Homes Inc
Bought by
Stefanski John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 23, 2016
Closed on
Mar 9, 2016
Sold by
Taylor Don
Bought by
Global Homes Inc
Seller's Agent
Jeff Hicks
Better Homes & Gardens Real Estate Heritage Group
Buyer's Agent
Duane Perry
Reliant Realty ERA Powered
List Price
$519,000
Sold Price
$22,000
Premium/Discount to List
-$497,000
-95.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.31%

Purchase Details

Closed on
May 15, 2003
Sold by
Norwest Bank
Bought by
Taylor Don

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,200
Interest Rate
5.79%

Purchase Details

Closed on
Oct 19, 1996
Sold by
Hoover Oscar Terry
Bought by
Hurst Deborah K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,505
Interest Rate
8.15%

Purchase Details

Closed on
Feb 2, 1961
Bought by
Hoover Oscar Terry and Jo Frances
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Curtis Patrick M $515,000 Stones River Title
Davis Misty L -- None Listed On Document
Davis Christine $355,000 None Available
Stefanski John A $350,000 None Available
Global Homes Inc $22,000 --
Taylor Don $19,000 --
Hurst Deborah K $53,000 --
Hoover Oscar Terry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Curtis Patrick M $412,000
Previous Owner Davis Christine $248,500
Previous Owner Stefanski John A $332,500
Previous Owner Hoover Oscar Terry $15,200
Previous Owner Hoover Oscar Terry $62,505
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2022 08/12/22 Sold $515,000 -26.4% $121 / Sq Ft
06/30/2022 06/30/22 Pending -- -- --
05/31/2022 05/31/22 Price Changed $699,900 -6.1% $164 / Sq Ft
05/19/2022 05/19/22 For Sale $745,000 +109.9% $175 / Sq Ft
08/07/2020 08/07/20 Sold $355,000 -11.2% $83 / Sq Ft View Prior Sale
07/27/2020 07/27/20 Pending -- -- --
07/03/2019 07/03/19 For Sale $399,900 -22.9% $94 / Sq Ft
07/17/2018 07/17/18 Pending -- -- --
07/14/2018 07/14/18 For Sale $519,000 +2259.1% $127 / Sq Ft
03/09/2016 03/09/16 Sold $22,000 -- $5 / Sq Ft View Prior Sale
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
2025 -- $125,150 $0 $0
2024 -- $125,150 $7,650 $117,500
2023 $4,762 $125,150 $7,650 $117,500
2022 $4,900 $125,150 $7,650 $117,500
2021 $4,449 $125,150 $7,650 $117,500
2020 $3,829 $125,150 $7,650 $117,500
2019 $1,965 $86,425 $4,000 $82,425
2018 $1,920 $44,350 $4,000 $40,350
2017 $355 $44,350 $4,000 $40,350
2016 $352 $8,200 $4,000 $4,200
2015 $352 $8,200 $4,000 $4,200
2014 $403 $10,283 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2387978

Realtracs

APN: 089G-N-018.00