NOT LISTED FOR SALE

5055 State Line Rd Taft, TN 38488

Estimated Value: $385,000 - $484,000

3 Beds
2 Baths
2,400 Sq Ft
$179/Sq Ft Est. Value

Last Sold April 18, 2016

Last sale price $234,000 $98 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $2,561/month

Highlights

  • Covered Deck
  • 2 Fireplaces
  • Great Room
  • Wood Flooring
  • Separate Formal Living Room
  • Covered patio or porch

About This Home

As of April 2016

1/4 MI OFF RD*UPDATED*3/2 W/LOFT*2 CAR G W/BONUS*GREAT RM*SEP DINING*FP IN MASTER W/SITTING RM, ENSUITE W/JACUZZI*KITCHEN W/BAR, SS APPLIANCES* HARDWOOD FLOORS* COVERED PORCHES*16x12SHED*ELEC AVG$115/MO*IN65 15 MIN, HUNTSVILLE 20MIN

Last Agent to Sell the Property

ERNEST SMITH

Leading Edge Real Estate Group License # 329141 Listed on: 12/05/2015

Last Buyer's Agent

Susan Gatlin

Leading Edge Real Estate Group License #311675

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $691

Year Built

  • Built in 1987

Lot Details

  • 2 Acre Lot
  • Partially Fenced Property

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Log Cabin
  • Shingle Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • 2 Fireplaces
  • Great Room
  • Separate Formal Living Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • ENERGY STAR Qualified Appliances

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Flush Toilets
  • Low Flow Plumbing Fixtures

Outdoor Features

  • Covered Deck
  • Covered patio or porch
  • Outdoor Storage

Schools

  • Blanche Elementary School
  • Lincoln County Ninth Grade Academy Middle School
  • Lincoln Co High School

Utilities

  • Cooling Available
  • Heating Available
  • Water Filtration System
  • Well
  • ENERGY STAR Qualified Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 165 01900 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$691

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Log
  • Year Built: 1987
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RENOV
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s), Water Filter, Wood Burning Fireplace
  • Appliances: ENERGY STAR Qualified Appliances, Ice Maker, Refrigerator, Microwave, Dishwasher
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Carpet, Finished Wood, Tile
  • Total Bedrooms: 3
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 2400
  • Building Area Units: Square Feet
  • Living Area: 2400
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Garage Door Opener, Storage
  • Construction Type: Log, Wood Siding
  • Fencing: Partial
  • Patio And Porch Features: Covered Deck, Deck, Covered Porch, Porch
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached/Detached, Gravel
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Security: Fire Alarm

Condo/Co-op/Association

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

Green Features

  • Efficiency: Low Flow Plumbing Fixtures, Dual Flush Toilets, Thermostat, Energy Star Hot Water Heater

Lot Info

  • Lot Size Acres: 2
  • Lot Size Units: Acres
  • Parcel #: 165 01900 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 691

MLS Schools

  • Elementary School: Blanche School
  • High School: Lincoln Co High School
  • Middle Or Junior School: Lincoln County Ninth Grade Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2015
Closed on
Apr 18, 2016
Sold by
Smith Cindy
Bought by
Cato Carla and Cato Michael
Seller's Agent
ERNEST SMITH
Leading Edge Real Estate Group
Buyer's Agent
Susan Gatlin
Leading Edge Real Estate Group
List Price
$329,900
Sold Price
$234,000
Premium/Discount to List
-$95,900
-29.07%
Current Estimated Value
$430,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,553
Avg. Annual Appreciation
6.91%

Purchase Details

Closed on
Jun 9, 2014
Sold by
Federal National Mortgage Association
Bought by
Smith Cindy

Purchase Details

Closed on
Aug 7, 2013
Sold by
Bailey Kenneth W
Bought by
Federal National Mtg Associati

Purchase Details

Closed on
Feb 9, 2007
Sold by
Moore John T
Bought by
Bailey Kenneth W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,200
Interest Rate
6.75%

Purchase Details

Closed on
Jan 5, 2000
Bought by
Moore John T and Moore Debra F

Purchase Details

Closed on
Apr 7, 1997
Bought by
Smotherman Terry Joe and Smotherman Susan G

Purchase Details

Closed on
May 17, 1984
Bought by
Avera Wayne S and Avera Donna A
Source: Public Records

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Range of Values:

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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
Cato Carla $234,000 --
Cato Carla $234,000 --
Smith Cindy $56,000 --
Smith Cindy $56,000 --
Federal National Mtg Associati $124,068 --
Federal National Mtg Associati $124,068 --
Bailey Kenneth W $126,500 --
Moore John T $88,500 --
Moore John T $88,500 --
Smotherman Terry Joe $55,000 --
Smotherman Terry Joe $55,000 --
Avera Wayne S -- --
Avera Wayne S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cato Michael $303,100
Closed Cato Michael $221,900
Closed Cato Michael $220,000
Previous Owner Bailey Kenneth W $101,200
Previous Owner Bailey Kenneth W $12,650
Previous Owner John Moore $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2018 05/22/18 Pending -- -- --
05/17/2018 05/17/18 For Sale $329,900 +41.0% $137 / Sq Ft
04/18/2016 04/18/16 Sold $234,000 -- $98 / 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 $1,732 $91,175 $8,275 $82,900
2023 $1,749 $60,675 $4,750 $55,925
2022 $1,275 $60,675 $4,750 $55,925
2021 $1,275 $60,675 $4,750 $55,925
2020 $1,275 $60,675 $4,750 $55,925
2019 $1,275 $60,675 $4,750 $55,925
2018 $1,165 $46,975 $3,650 $43,325
2017 $825 $46,975 $3,650 $43,325
2016 $825 $35,275 $3,650 $31,625
2015 -- $35,275 $3,650 $31,625
2014 $691 $35,275 $3,650 $31,625
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1688948

Realtracs

APN: 165-019.00