NOT LISTED FOR SALE

503 Fairlane Dr Shelbyville, TN 37160

Estimated Value: $376,000 - $420,000

4 Beds
2 Baths
2,498 Sq Ft
$159/Sq Ft Est. Value

Last Sold April 16, 2020

Last sale price $173,000 $69 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $2,165/month

49 Days on Market

Highlights

  • 0.82 Acre Lot
  • Screened Patio
  • Tile Flooring
  • 2 Fireplaces
  • Cooling Available
  • Outdoor Storage

About This Home

As of April 2020

Come check out this great home with lots of space! Windows were replaced in 2014. Attic was insulated last year. Great location at the end of a cul de sac. This home has lots of options for you to customize and make it your own. Home also has a screened in porch. This one won't last long! Seller is willing to offer $3000 credit to buyer for carpet replacement.

Last Agent to Sell the Property

Jesse Smucker

Wildwood Management, LLC License #350354 Listed on: 01/21/2020

Last Buyer's Agent

Renee Delbridge

Benchmark Realty, LLC License #341561

Benchmark Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,597

Year Built

  • Built in 1979

Lot Details

  • 0.82 Acre Lot

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,498 Sq Ft Home
  • Property has 2 Levels
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Crawl Space

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Screened Patio
  • Outdoor Storage

Schools

  • Thomas Intermediate
  • Harris Middle School
  • Central High School

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • Fairlane Est No 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 079E C 01801 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,597

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1979
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Wood Burning Fireplace
  • Appliances: Refrigerator, Microwave, Dishwasher
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Carpet, Laminate, Tile
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 2498
  • Building Area Units: Square Feet
  • Living Area: 2498
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Storage
  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Screened Patio
  • Pool Private: No
  • Roof: Asphalt
  • View: No
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.82
  • Lot Size: 78.4 X174 IRR
  • Lot Size Units: Acres
  • Parcel #: 079E C 01801 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1597

MLS Schools

  • Elementary School: Thomas Intermediate
  • High School: Central High School
  • Middle Or Junior School: Harris Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2020
Closed on
Apr 15, 2020
Sold by
Tillett Joe W
Bought by
Irrera Rhonda Josep H
Seller's Agent
Jesse Smucker
Wildwood Management, LLC
Buyer's Agent
Renee Delbridge
Benchmark Realty, LLC
List Price
$169,900
Sold Price
$173,000
Premium/Discount to List
$3,100
1.82%
Current Estimated Value
$397,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,438
Avg. Annual Appreciation
15.95%
Original Mortgage
$169,866
Outstanding Balance
$150,781
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$246,657

Purchase Details

Closed on
Aug 24, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Irrera Rhonda and Irrera Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 8, 2011
Sold by
Demonbren Michael Chad
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 31, 2005
Sold by
Darling Lisa Smith
Bought by
Demonbren Michael Chad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
7.98%

Purchase Details

Closed on
Sep 30, 1992
Bought by
Darling Lisa Smith Etvir

Purchase Details

Closed on
Nov 14, 1979
Bought by
Sims Roy Farmer and Robbie Allen
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
Irrera Rhonda Josep H $173,000 Foundation Title & Escrow
Irrera Rhonda $95,000 --
Federal Home Loan Mortgage Corporation $123,323 --
Demonbren Michael Chad $158,000 --
Darling Lisa Smith Etvir $82,000 --
Sims Roy Farmer -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Irrera Rhonda Josep H $169,866
Previous Owner Irrera Rhonda $76,000
Previous Owner Sims Roy Farmer $158,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2020 04/16/20 Sold $173,000 +1.8% $69 / Sq Ft
03/10/2020 03/10/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $169,900 -- $68 / 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
2025 -- $56,125 $0 $0
2024 -- $56,125 $8,050 $48,075
2023 $788 $56,125 $8,050 $48,075
2022 $2,084 $53,225 $8,050 $45,175
2021 $846 $53,225 $8,050 $45,175
2020 $1,597 $53,225 $8,050 $45,175
2019 $1,597 $36,050 $5,750 $30,300
2018 $1,561 $36,050 $5,750 $30,300
2017 $1,561 $36,050 $5,750 $30,300
2016 $1,546 $36,050 $5,750 $30,300
2015 $1,547 $36,050 $5,750 $30,300
2014 $1,357 $34,611 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2115992

Realtracs

APN: 079E-C-018.01