NOT LISTED FOR SALE

506 Park Place Shelbyville, TN 37160

Estimated Value: $289,000 - $348,000

3 Beds
2 Baths
2,350 Sq Ft
$132/Sq Ft Est. Value

Last Sold September 28, 2023

Last sale price $288,000 $123 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,780/month

65 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Covered Patio or Porch
  • Traditional Architecture
  • No HOA
  • Outdoor Storage

About This Home

As of September 2023

Welcome to your dream home! This stunning 1926 residence exudes timeless elegance. Hardwood floors, a sunroom, and a sitting deck offer charm and tranquility. With 3 beds, 2 baths, and ample space, this two-story gem boasts character and privacy. Home also has a basement which offers additional space for storage with an area for a workshop! The private backyard is a lush oasis. Don't miss this exceptional find in a desirable neighborhood. Schedule a showing and experience the magic for yourself! Cash or Conventional.

Last Agent to Sell the Property

Melissa Sterling

Better Homes & Gardens Real Estate Heritage Group License #352019 Listed on: 06/28/2023

Better Homes & Gardens Real Estate Heritage Group

Last Buyer's Agent

Rick Murr

United Real Estate Middle Tennessee License # 322035

United Real Estate Middle Tennessee

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,754

Year Built

  • Built in 1926

Lot Details

  • 0.34 Acre Lot
  • Back Yard Fenced
  • Level Lot

Home Design

  • Traditional Architecture
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,350 Sq Ft Home
  • Property has 2 Levels
  • Living Room with Fireplace
  • Dishwasher
  • Unfinished Basement

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Driveway

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • East Side Elementary School
  • Harris Middle School
  • Shelbyville Central High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 089B K 00800 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,754

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1926
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Finished Wood, Tile
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Has Basement: Unfinished
  • Above Grade Finished Sq Ft: 2350
  • Building Area Units: Square Feet
  • Living Area: 2350
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Storage
  • Construction Type: Vinyl Siding
  • Fencing: Back Yard
  • Patio And Porch Features: Covered Porch, Deck
  • Pool Private: No
  • Roof: Metal
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 4
  • Parking Features: Asphalt, Driveway
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Natural Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.34
  • Lot Size: 60M X 219 IRR
  • Lot Size Units: Acres
  • Parcel #: 089B K 00800 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1754

MLS Schools

  • Elementary School: East Side Elementary
  • High School: Shelbyville Central High School
  • Middle Or Junior School: Harris Middle School

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2023
Closed on
Sep 22, 2023
Sold by
Pearce David
Bought by
Stombaugh John Dee and Stombaugh Keilani
Seller's Agent
Melissa Sterling
Better Homes & Gardens Real Estate Heritage Group
Buyer's Agent
Rick Murr
United Real Estate Middle Tennessee
List Price
$299,000
Sold Price
$288,000
Premium/Discount to List
-$11,000
-3.68%
Views
133
Current Estimated Value
$310,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,008
Avg. Annual Appreciation
3.47%
Original Mortgage
$273,600
Outstanding Balance
$267,937
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$42,071

Purchase Details

Closed on
Jun 30, 2016
Sold by
Moulder Susan
Bought by
Pearce David and Pearce Patsy

Purchase Details

Closed on
Jul 17, 1996
Sold by
Endsley James H
Bought by
Moulder Susan

Purchase Details

Closed on
Apr 20, 1993
Bought by
Endsley James H and Endsley Betty J

Purchase Details

Closed on
Feb 21, 1966
Bought by
Decker Bill J and Decker Barbara
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
Stombaugh John Dee $20,000 Structure Title
Pearce David $102,000 --
Moulder Susan $68,000 --
Endsley James H $62,900 --
Decker Bill J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stombaugh John Dee $273,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2023 09/28/23 Sold $288,000 -3.7% $123 / Sq Ft
09/01/2023 09/01/23 Pending -- -- --
08/23/2023 08/23/23 Price Changed $299,000 0.0% $127 / Sq Ft
08/23/2023 08/23/23 For Sale $299,000 -12.0% $127 / Sq Ft
08/16/2023 08/16/23 Pending -- -- --
07/26/2023 07/26/23 Price Changed $339,900 -2.9% $145 / Sq Ft
06/28/2023 06/28/23 For Sale $349,900 -- $149 / 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 -- $44,800 $0 $0
2024 -- $44,800 $3,600 $41,200
2023 $1,705 $44,800 $3,600 $41,200
2022 $1,754 $44,800 $3,600 $41,200
2021 $1,592 $44,800 $3,600 $41,200
2020 $1,299 $44,800 $3,600 $41,200
2019 $1,299 $29,325 $3,000 $26,325
2018 $1,270 $29,325 $3,000 $26,325
2017 $1,270 $29,325 $3,000 $26,325
2016 $1,258 $29,325 $3,000 $26,325
2015 $1,258 $29,325 $3,000 $26,325
2014 $1,124 $28,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2542082

Realtracs

APN: 089B-K-008.00