Seller's Agent in 2024
Alexander Bynum
Wendell Alexander Realty
(731) 364-5368
224 Total Sales
Estimated Value: $710,000 - $750,224
4
Beds
3
Baths
3,312
Sq Ft
$219/Sq Ft
Est. Value
Highlights
- Waterfront
- Bonus Room
- Eat-In Kitchen
- Wood Flooring
- Screened Porch
- Walk-In Closet
About This Home
As of September 2024They often say that a picture is worth a thousand words, but sometimes they are worth just a little more. 502 River Trace Drive welcomes you to kick your shoes off and escape to Kentucky Lake! This majestic four-bedroom, three-bathroom cabin just off the water and located near the coveted Breakers Marina provides the perfect spot! Endless amenities on this picturesque three-story home includes an open main floor to host and entertain, a back deck that offers the sights and sounds of relaxation, a game room with a wet bar, and a private dock with immediate access to the water! Primary home, weekend getaway, or both! The memories made here will be worth a lifetime! Don’t miss your chance at this rare opportunity. Call us today.
Last Agent to Sell the Property
Wendell Alexander Realty License #320284 Listed on: 07/14/2023
Last Buyer's Agent
Non Member
NON MEMBER
Home Details
Home Type
- Single Family
Year Built
- Built in 1999
Lot Details
- Waterfront
Parking
- 2 Car Garage
Home Design
- Split Level Home
- Composition Roof
- Log Siding
Interior Spaces
- 3,312 Sq Ft Home
- Ceiling Fan
- Gas Log Fireplace
- Living Room
- Bonus Room
- Game Room
- Screened Porch
- Property Views
Kitchen
- Eat-In Kitchen
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom located in the basement
- Walk-In Closet
- 3 Full Bathrooms
Laundry
- Laundry Room
- Washer Hookup
Utilities
- Forced Air Heating and Cooling System
- Well
- Septic Tank
Community Details
- Property has a Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 022.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 14, 2023
Closed on
Aug 21, 2024
Sold by
Bynum Alexander J and Bynum Kate
Bought by
Brantley James V and Brantley Jennifer M
Seller's Agent
Alexander Bynum
Wendell Alexander Realty
Buyer's Agent
Non Member
NON MEMBER
List Price
$825,000
Sold Price
$693,000
Premium/Discount to List
-$132,000
-16%
Views
356
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,758
Avg. Annual Appreciation
3.54%
Original Mortgage
$452,000
Outstanding Balance
$352,798
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$372,277
Purchase Details
Closed on
Dec 15, 2020
Sold by
Trask Stephen L
Bought by
Bynum Alexander J and Bynum Kate
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
2.7%
Mortgage Type
Commercial
Purchase Details
Closed on
May 22, 1998
Bought by
Frask Stephen L
Purchase Details
Closed on
Jun 30, 1995
Bought by
Hammerland Inc Tn Corp
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Brantley James V | $693,000 | None Listed On Document | |
| Bynum Alexander J | $500,000 | None Available | |
| Frask Stephen L | $75,000 | -- | |
| Hammerland Inc Tn Corp | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Brantley James V | $452,000 | |
| Previous Owner | Bynum Alexander J | $425,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/12/2024 09/12/24 | Sold | $693,000 | -4.4% | $209 / Sq Ft |
| 07/16/2024 07/16/24 | Pending | -- | -- | -- |
| 05/14/2024 05/14/24 | Price Changed | $725,000 | -7.6% | $219 / Sq Ft |
| 03/11/2024 03/11/24 | Price Changed | $785,000 | -1.3% | $237 / Sq Ft |
| 10/03/2023 10/03/23 | Price Changed | $795,000 | -3.6% | $240 / Sq Ft |
| 07/14/2023 07/14/23 | For Sale | $825,000 | -- | $249 / Sq Ft |
Source: Central West Tennessee Association of REALTORS®
Tax History Compared to Growth
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 | $3,393 | $228,325 | $0 | $0 |
| 2024 | $3,393 | $228,325 | $45,000 | $183,325 |
| 2023 | $3,258 | $138,000 | $30,000 | $108,000 |
| 2022 | $3,258 | $138,000 | $30,000 | $108,000 |
| 2021 | $3,258 | $138,000 | $30,000 | $108,000 |
| 2020 | $3,067 | $138,000 | $30,000 | $108,000 |
| 2019 | $3,067 | $120,350 | $30,000 | $90,350 |
| 2018 | $3,067 | $120,350 | $30,000 | $90,350 |
| 2017 | $3,067 | $120,350 | $30,000 | $90,350 |
| 2016 | $3,067 | $120,350 | $30,000 | $90,350 |
| 2015 | $2,973 | $120,350 | $30,000 | $90,350 |
| 2014 | $3,262 | $120,350 | $30,000 | $90,350 |
| 2013 | $3,262 | $132,053 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Alexander Bynum
-
N
Buyer's Agent in 2024
Non Member
NON MEMBER
Map
Source: Central West Tennessee Association of REALTORS®
MLS Number: 232776
APN: 110B-B-022.00
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