NOT LISTED FOR SALE

507 Mortons Lake Rd Manchester, TN 37355

Estimated Value: $457,000 - $508,000

5 Beds
3.5 Baths
2,930 Sq Ft
$168/Sq Ft Est. Value

Last Sold August 14, 2018

Last sale price $254,325 $87 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,890/month

Highlights

  • 0.73 Acre Lot
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Deck
  • Wood Flooring
  • Separate Formal Living Room

About This Home

As of August 2018

Almost 3,000 square feet! Home features formal living and dining room, den with fireplace, kitchen with breakfast area, plus 2 Master bedrooms! 1 downstairs and 1 upstairs, plus 3 additional bedrooms upstairs. Home has a 2 car attached garage plus a 2 car detached garage. Dryer and Stove are gas or electric. 2 HVACs less than 5 years old.

Last Agent to Sell the Property

Jimmy Jernigan

Century 21 Coffee County Realty & Auction Brokerage Phone: 9314097653 License #255095 Listed on: 06/04/2018

Century 21 Coffee County Realty & Auction

Last Buyer's Agent

Dana Dillinger

RE/MAX 1st Realty License #318705

RE/MAX 1st Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,039

Year Built

  • Built in 1978

Lot Details

  • 0.73 Acre Lot
  • Level Lot

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,930 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Separate Formal Living Room
  • Den with Fireplace
  • Crawl Space
  • Fire and Smoke Detector
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main

Outdoor Features

  • Deck

Schools

  • College Street Elementary School
  • Westwood Middle School
  • Coffee County Central High School

Utilities

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

Community Details

  • Mortons Lake Subdivision

Listing and Financial Details

  • Tax Lot 27,28
  • Assessor Parcel Number 068L B 01100 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,039

Year Built

Built in 1978

Lot Details

0

HOA Fees

$17 per month

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1978
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bedroom Main Floor
  • Appliances: Dishwasher, Electric Oven, Electric Range
  • Fireplace Features: Den
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Wood, Tile, Vinyl
  • Total Bedrooms: 5
  • Main Level Bedrooms: 1
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 2930
  • Building Area Units: Square Feet
  • Living Area: 2930
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Metal
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Attached/Detached, Asphalt
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric, Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Central
  • Heating Yn: Yes
  • Laundry Features: Utility Connection
  • Security: Fire Alarm
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association Fee: 208
  • Association Fee Frequency: Annually
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.73
  • Lot Size Units: Acres
  • Parcel #: 068L B 01100 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2039
  • Tax Lot: 27,28

MLS Schools

  • Elementary School: College Street Elementary
  • High School: Coffee County Central High School
  • Middle Or Junior School: Westwood Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2018
Closed on
Aug 14, 2018
Sold by
Lacy David and Lacy Brenda
Bought by
Kline Myra and Kline David A
Seller's Agent
Jimmy Jernigan
Century 21 Coffee County Realty & Auction
Buyer's Agent
Dana Dillinger
RE/MAX 1st Realty
List Price
$139,000
Sold Price
$254,325
Premium/Discount to List
$115,325
82.97%
Current Estimated Value
$492,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,237
Avg. Annual Appreciation
9.52%
Original Mortgage
$100,000
Outstanding Balance
$61,044
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$431,518

Purchase Details

Closed on
Mar 19, 1998
Sold by
Transfinancial Bank
Bought by
Lacy David and Lacy Brenda

Purchase Details

Closed on
Apr 7, 1997
Sold by
Trans Finl Bk
Bought by
Nicholson Eldon M and Nicholson Clarra

Purchase Details

Closed on
Oct 29, 1996
Sold by
Nasios James
Bought by
Trans Finl Bk

Purchase Details

Closed on
Jan 1, 1984
Bought by
Nasios James and Nasios Linda
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
Kline Myra $254,325 Bell & Alexander Title
Lacy David $151,250 --
Nicholson Eldon M $75,000 --
Trans Finl Bk $50,000 --
Nasios James $81,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kline Myra $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2021 01/12/21 Pending -- -- --
01/10/2021 01/10/21 For Sale $139,000 -45.3% $47 / Sq Ft
08/14/2018 08/14/18 Sold $254,325 -- $87 / 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 $3,320 $78,750 $11,700 $67,050
2023 $3,320 $78,750 $0 $0
2022 $2,859 $78,750 $11,700 $67,050
2021 $2,786 $60,825 $9,000 $51,825
2020 $2,786 $60,825 $9,000 $51,825
2019 $2,786 $60,825 $9,000 $51,825
2018 $1,780 $60,825 $9,000 $51,825
2017 $1,791 $34,150 $5,000 $29,150
2016 $1,791 $34,150 $5,000 $29,150
2015 $1,791 $34,150 $5,000 $29,150
2014 $1,791 $34,146 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1936892

Realtracs

APN: 068L-B-011.00