NOT LISTED FOR SALE

501 W Main St Decherd, TN 37324

Estimated Value: $248,000 - $294,970

5 Beds
2 Baths
2,396 Sq Ft
$112/Sq Ft Est. Value

Last Sold January 25, 2017

Last sale price $95,000 $40 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $1,508/month

Highlights

  • Colonial Architecture
  • Cooling Available
  • Level Lot
  • Separate Formal Living Room
  • Central Heating
  • 3-minute walk to Decherd City Park

About This Home

As of January 2017

Featuring a piece of history in this older home on Main Street in Decherd. Great family home or commercial property. Home has lots of up-dates, with original hardwood flooring, over sized wood work through out house setting on corner lot.

Last Agent to Sell the Property

Melissa Nunley

John Smith Jr Realty and Auction LLC Brokerage Phone: 9313085532 License #318455 Listed on: 09/28/2016

Last Buyer's Agent

Sandy Knight

Keller Williams Realty - Murfreesboro License #322467

Keller Williams Realty - Murfreesboro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $881

Year Built

  • Built in 1918

Lot Details

  • 0.7 Acre Lot
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,396 Sq Ft Home
  • Property has 1 Level
  • Separate Formal Living Room
  • Vinyl Flooring
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Schools

  • Decherd Elementary School
  • North Middle School
  • Franklin Co High School

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • Sanford Subdivision

Listing and Financial Details

  • Assessor Parcel Number 056O B 00200 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$881

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 1918
  • Unit Levels: One
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 9313085532
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: None
  • Fireplace: No
  • Flooring: Wood, Vinyl
  • Total Bedrooms: 5
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Has Basement: Unfinished
  • Above Grade Finished Sq Ft: 2396
  • Building Area Units: Square Feet
  • Living Area: 2396
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric, Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Central
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available, Sewer Available

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.7
  • Lot Size: 100X265M IRR
  • Lot Size Units: Acres
  • Parcel #: 056O B 00200 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 881

MLS Schools

  • Elementary School: Decherd Elementary
  • High School: Franklin Co High School
  • Middle Or Junior School: North Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2016
Closed on
Jan 25, 2017
Sold by
Mahaffa Tommy E
Bought by
Lynch Samuel G and Lynch Constance J
Seller's Agent
Melissa Nunley
John Smith Jr Realty and Auction LLC
Buyer's Agent
Sandy Knight
Keller Williams Realty - Murfreesboro
List Price
$649,000
Sold Price
$95,000
Premium/Discount to List
-$554,000
-85.36%
Current Estimated Value
$267,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,243
Avg. Annual Appreciation
12.61%
Original Mortgage
$85,500
Outstanding Balance
$71,027
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$196,216

Purchase Details

Closed on
May 30, 2008
Sold by
Mahaffa Tommy E
Bought by
Mahaffa Tommy E

Purchase Details

Closed on
Apr 3, 2001
Sold by
Foster William K
Bought by
Mahaffa Tommy E

Purchase Details

Closed on
Oct 31, 1991
Bought by
Mahaffa Tommy E

Purchase Details

Closed on
Aug 26, 1991
Bought by
Foster William K

Purchase Details

Closed on
Aug 2, 1982
Bought by
Foster William K and Foster Phyllis A

Purchase Details

Closed on
Oct 5, 1968
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
Lynch Samuel G $95,000 --
Mahaffa Tommy E -- --
Mahaffa Tommy E $18,000 --
Mahaffa Tommy E $18,000 --
Foster William K -- --
Foster William K -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynch Samuel G $85,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2019 03/31/19 Pending -- -- --
03/24/2019 03/24/19 For Sale $649,000 +583.2% $271 / Sq Ft
01/25/2017 01/25/17 Sold $95,000 -- $40 / 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 $1,092 $41,400 $3,975 $37,425
2023 $1,092 $39,650 $3,975 $35,675
2022 $1,032 $39,650 $3,975 $35,675
2021 $672 $39,650 $3,975 $35,675
2020 $961 $23,950 $2,950 $21,000
2019 $961 $23,950 $2,950 $21,000
2018 $912 $23,950 $2,950 $21,000
2017 $912 $23,950 $2,950 $21,000
2016 $881 $23,150 $2,950 $20,200
2015 $881 $23,150 $2,950 $20,200
2014 $887 $23,291 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1768693

Realtracs

APN: 056O-B-002.00