NOT LISTED FOR SALE

505 Yates Rd Lexington, TN 38351

Estimated Value: $228,000 - $282,000

3 Beds
2 Baths
1,734 Sq Ft
$147/Sq Ft Est. Value

Last Sold December 29, 2022

Last sale price $240,000 $138 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,459/month

42 Days on Market

Highlights

  • Jetted Tub in Primary Bathroom
  • Home Office
  • Separate Outdoor Workshop
  • Separate Formal Living Room
  • Covered Patio or Porch
  • 2 Car Attached Garage

About This Home

As of December 2022

This beautiful 3 bedroom 2 bathroom house with 5 acres & a shop is MOVE IN READY! Right outside the city limits with a spacious yard and plenty of privacy, this could be your new home! If needed, the office can be turned into a fourth bedroom and there is extra space in the partial basement. Don't forget about the shop outside too! This house needs its perfect family to call it a home! Call or email Katie Townsend today for more information at 731-217-5306 or katiemtownsend@gmail.com

Last Agent to Sell the Property

Katie Mitchell Townsend

Compass RE License #305320 Listed on: 09/30/2022

Compass RE

Last Buyer's Agent

Morgan Costello

RE/MAX Unlimited License #367549

RE/MAX Unlimited

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $842

Year Built

  • Built in 1999

Lot Details

  • 5 Acre Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,734 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Popcorn or blown ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Vinyl Clad Windows
  • Window Treatments
  • Bay Window
  • Separate Formal Living Room
  • Home Office
  • Crawl Space
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Single Oven
  • Built-In Microwave
  • Formica Countertops

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Single Vanity
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Rain Gutters
  • Private Mailbox

Utilities

  • Central Air
  • Water Heater
  • Septic Tank
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 008.18

Home Details

Home Type

Single Family

Est. Annual Taxes

$842

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Age: 23
  • Class: RESIDENTIAL
  • Type: Single Family
  • Year Built: 1999
  • New Construction: No
  • Resort: No
  • Subtype: None
  • Deed: 278
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Floors: Tile/Ceramic | Tile/Vinyl | Laminate Hardwood
  • Number Of Stories: 1
  • Price Per Sq Ft: 161.19
  • Estimated Heated Sq Ft: 1734
  • Appliances: Dryer | Satellite System | Smoke/Fire Alarm
  • Estimated Unheated Sq Ft: 552
  • Attic Type: Pull Down Stairs
  • Bedroom 2 Level: M
  • Bedroom 2 Size: 12x11
  • Bedroom 3 Level: M
  • Bedroom 3 Size: 16x11
  • Countertops: Formica (Plastic)
  • Fireplace: Gas Logs
  • Formal Dining Rm Level: M
  • Formal Dining Rm Size: 15x11
  • In Law Quarters: No
  • Internal Features: Bay Windows | Ceiling Fan(s) | Garage Door Opener | Separate Shower | Smoke Detector | Washer/Dryer Connection
  • Kitchen Features: Appliance Closet | Eat In Kitchen
  • Kitchen Level: M
  • Kitchen Size: 12x11
  • Laundry Room Level: M
  • Laundry Room Size: 06x05
  • Living Room Level: M
  • Living Room Size: 19x11
  • Primary Bathroom: Shower Separate | Bubble Tub | Single Vanity | Vinyl Floor
  • Master Bedroom Level: Main
  • Master Bedroom Level2: M
  • Master Bedroom Size: 15x13
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Range Ovens: 1 Oven | Microwave Built In | Oven-Electric | Range/Oven-Electric
  • Windows Treatments: Part Window Treatments
  • Window Types: Vinyl

Exterior Features

  • Construction: Brick
  • Foundation: Crawl Space
  • Water: Public
  • Waterfront: No
  • Water View: No
  • Decks Patio Porches: Covered Back Porch
  • External Features: Garage Storage | Gutters | Workshop | Mail Box | Storage Building | TV Satellite
  • On Golf Course: No
  • Pool: None
  • Roof: Composite Shingle

Garage/Parking

  • Car Storage: 2
  • Garage Type: Attached Garage

Utilities

  • Sewer: Septic
  • Air Units: 1
  • Cooling System: Cent. A/C-Electric
  • Heating System: Gas Forced Air Cent.
  • Water Heater Units: 1

Association/Amenities

  • Gated Community: No

Lot Info

  • Geo Update Timestamp: 10/14/2022 8:42:48 PM
  • Geo Address Line: 505 Yates Rd
  • Geo Primary City: Lexington
  • Geo Quality: 1
  • Geo Subdivision: TN
  • Geo Zoom Level: 18
  • Lot Size: 5 acres
  • Map Number: 111
  • Number Of Acres: 5
  • Parcel Number: 008.18
  • Page Number: 192

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2022
Closed on
Dec 29, 2022
Sold by
Bowman Spencer and Bowman Haley
Bought by
Thomas Kimberly and Rosshirt Michael
Seller's Agent
Katie Mitchell Townsend
Compass RE
Buyer's Agent
Morgan Costello
RE/MAX Unlimited
List Price
$279,900
Sold Price
$240,000
Premium/Discount to List
-$39,900
-14.26%
Views
26
Current Estimated Value
$255,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,500
Avg. Annual Appreciation
2.68%
Original Mortgage
$235,653
Outstanding Balance
$229,567
Interest Rate
6.58%
Mortgage Type
FHA
Estimated Equity
$27,967

Purchase Details

Closed on
Jun 6, 2016
Sold by
Mcpeake Christopher J
Bought by
Hayes Kristy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,534
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2012
Sold by
Mcpeake Chasity A
Bought by
Mcpeake Christopher J

Purchase Details

Closed on
Jul 13, 2006
Bought by
Mcpeake Christopher J and Mcpeake Chasity

Purchase Details

Closed on
Mar 18, 1996
Sold by
Dennis Beecham
Bought by
Timothy Mcpeakie James
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
Thomas Kimberly $240,000 --
Hayes Kristy M $133,000 --
Mcpeake Christopher J -- --
Mcpeake Christopher J $80,000 --
Timothy Mcpeakie James $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Kimberly $235,653
Previous Owner Bowman Spencer $152,100
Previous Owner Hayes Kristy M $128,534
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2022 12/29/22 Sold $240,000 -14.1% $138 / Sq Ft
11/11/2022 11/11/22 Pending -- -- --
11/02/2022 11/02/22 Price Changed $279,499 -0.1% $161 / Sq Ft
09/30/2022 09/30/22 For Sale $279,900 -- $161 / Sq Ft
Source: Central West Tennessee 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 $842 $53,250 $1,900 $51,350
2023 $842 $53,250 $1,900 $51,350
2022 $790 $33,350 $1,450 $31,900
2021 $790 $33,350 $1,450 $31,900
2020 $790 $33,350 $1,450 $31,900
2019 $790 $33,350 $1,450 $31,900
2018 $761 $33,350 $1,450 $31,900
2017 $761 $33,350 $1,450 $31,900
2016 $766 $32,250 $1,450 $30,800
2015 $766 $32,250 $1,450 $30,800
2014 $766 $32,244 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central West Tennessee Association of REALTORS®

MLS Number: 224873

Central West Tennessee Association of REALTORS®

APN: 111-008.18

Tennessee Henderson County Lexington 38351

505 Yates Rd, Lexington, TN

This home is located at 505 Yates Rd, Lexington, TN 38351 since 30 September 2022 and is currently estimated at $255,500, approximately $147 per square foot. This property was built in 1999. 505 Yates Rd is a home located in Henderson County with nearby schools including Lexington Montessori Center, Lexington Christian Academy, and Imagination Station Learning Center.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central West Tennessee Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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