NOT LISTED FOR SALE

506 Reavis St Tullahoma, TN 37388

Estimated Value: $108,000 - $155,000

2 Beds
1 Bath
840 Sq Ft
$159/Sq Ft Est. Value

Last Sold October 04, 2021

Last sale price $75,000 $89 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $785/month

118 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Property has 1 Level
  • Tile Flooring
  • Combination Dining and Living Room

About This Home

As of October 2021

Remodeled home with new LVT floor coverings, new siding, replacement windows, and fresh interior paint. Kitchen has been remodeled and has new cabinets. There is a new central heat and air system. Home features a concrete driveway. Great investment opportunity or starter home. Sale of home is contingent on attached home inspection.

Last Agent to Sell the Property

Joe Orr

WEICHERT, REALTORS Joe Orr & Associates License #15385 Listed on: 05/27/2021

WEICHERT, REALTORS Joe Orr & Associates

Last Buyer's Agent

Cort Huffman

Coldwell Banker Southern Realty License #328777

Coldwell Banker Southern Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $450

Year Built

  • Built in 1950

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 50x165
  • Sloped Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 840 Sq Ft Home
  • Property has 1 Level
  • Combination Dining and Living Room
  • Crawl Space

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Open Parking Space
  • 1 Parking Space

Schools

  • Jack T Farrar Elementary School
  • West Middle School
  • Tullahoma High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 127B E 02500 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$450

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1950
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Tile, Vinyl
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 840
  • Building Area Units: Square Feet
  • Living Area: 840
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Vinyl Siding
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 1
  • Total Parking Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Sloped
  • Lot Size Acres: 0.19
  • Lot Size: 50X165
  • Lot Size Units: Acres
  • Parcel #: 127B E 02500 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 450

MLS Schools

  • Elementary School: Jack T Farrar Elementary
  • High School: Tullahoma High School
  • Middle Or Junior School: West Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Oct 4, 2021
Sold by
Mocar Enterprises Inc
Bought by
Mp Development
Seller's Agent
Joe Orr
WEICHERT, REALTORS Joe Orr & Associates
Buyer's Agent
Cort Huffman
Coldwell Banker Southern Realty
List Price
$99,900
Sold Price
$75,000
Premium/Discount to List
-$24,900
-24.92%
Current Estimated Value
$133,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,527
Avg. Annual Appreciation
15.23%
Original Mortgage
$80,000
Outstanding Balance
$18,295
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$115,232

Purchase Details

Listed on
Oct 20, 2020
Closed on
Dec 9, 2020
Sold by
Young Christopher R
Bought by
Mocar Enterprises Inc
Seller's Agent
Brian Brown
WEICHERT, REALTORS Joe Orr & Associates
Buyer's Agent
Brian Brown
WEICHERT, REALTORS Joe Orr & Associates
List Price
$19,500
Sold Price
$19,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
416.95%

Purchase Details

Closed on
Apr 6, 2017
Sold by
Ingleburger Jonathan T
Bought by
Young Christopher R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2014
Sold by
Franklin Douglas
Bought by
Ingelburger Jonathan T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,600
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2007
Sold by
Franklin Ruben H
Bought by
Franklin Douglas

Purchase Details

Closed on
Aug 22, 2002
Bought by
Franklin Ruben H

Purchase Details

Closed on
Oct 31, 1991
Bought by
Steele Sonny B and Steele Juanita L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mp Development $75,000 None Available
Mocar Enterprises Inc $19,500 Access Title & Escrow Inc
Young Christopher R $27,000 --
Ingelburger Jonathan T $24,000 --
Franklin Douglas $27,000 --
Franklin Ruben H $16,000 --
Steele Sonny B $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mp Development $80,000
Previous Owner Young Christopher R $27,000
Previous Owner Ingelburger Jonathan T $30,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/04/2021 10/04/21 Sold $75,000 -24.9% $89 / Sq Ft
09/22/2021 09/22/21 Pending -- -- --
05/26/2021 05/26/21 For Sale $99,900 +412.3% $119 / Sq Ft
12/09/2020 12/09/20 Sold $19,500 0.0% $23 / Sq Ft View Prior Sale
11/02/2020 11/02/20 Pending -- -- --
10/20/2020 10/20/20 For Sale $19,500 -- $23 / 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 $1,010 $24,575 $2,000 $22,575
2023 $960 $24,575 $0 $0
2022 $985 $24,575 $2,000 $22,575
2021 $450 $8,975 $2,000 $6,975
2020 $450 $8,975 $2,000 $6,975
2019 $450 $8,975 $2,000 $6,975
2018 $450 $8,975 $2,000 $6,975
2017 $381 $6,975 $2,000 $4,975
2016 $381 $6,975 $2,000 $4,975
2015 $382 $6,975 $2,000 $4,975
2014 $382 $6,979 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2257481

Realtracs

APN: 127B-E-025.00