NOT LISTED FOR SALE

507 Shady Acres Ln Lexington, TN 38351

Estimated Value: $279,000 - $342,000

3 Beds
2 Baths
1,802 Sq Ft
$170/Sq Ft Est. Value

Last Sold April 18, 2016

Last sale price $115,000 $64 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $1,746/month

6 Days on Market

Highlights

  • Separate Outdoor Workshop
  • Covered Deck
  • 1-Story Property
  • 2 Car Attached Garage
  • Breakfast Bar
  • Central Air

About This Home

As of April 2016

This home is located at 507 Shady Acres Ln, Lexington, TN 38351 since 10 March 2016 and is currently estimated at $305,633, approximately $169 per square foot. This property was built in 1995. 507 Shady Acres Ln is a home located in Henderson County with nearby schools including Good News Christian School and Lexington Christian Academy.

Last Agent to Sell the Property

Shirley McKee

Coldwell Banker McKee Realty License #231777 Listed on: 03/10/2016

Coldwell Banker McKee Realty

Last Buyer's Agent

Shirley McKee

Coldwell Banker McKee Realty License #231777 Listed on: 03/10/2016

Coldwell Banker McKee Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $976

Year Built

  • Built in 1995

Lot Details

  • 2.4 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Architectural Shingle Roof

Interior Spaces

  • 1,802 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Ceiling Fan
  • Crawl Space
  • Permanent Attic Stairs

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Deck
  • Separate Outdoor Workshop

Utilities

  • Central Air
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 006.25

Home Details

Home Type

Single Family

Est. Annual Taxes

$976

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Age: 21
  • Class: RESIDENTIAL
  • Type: Single Family
  • Year Built: 1995
  • New Construction: No
  • Resort: No
  • Subtype: None
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Floors: Carpet | Carpet/Vinyl
  • Number Of Stories: 1
  • Price Per Sq Ft: 59.93
  • Estimated Heated Sq Ft: 1802
  • Appliances: Dishwasher
  • Attic Type: Permanent Stairs
  • Countertops: Formica (Plastic)
  • In Law Quarters: No
  • Internal Features: Ceiling Fan(s)
  • Kitchen Features: Breakfast Bar
  • Kitchen Level: m
  • Kitchen Size: 12*10
  • Master Bedroom Level: Main
  • Master Bedroom Level2: m
  • Master Bedroom Size: 14*12
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2

Exterior Features

  • Construction: Brick
  • Foundation: Crawl Space
  • Water: Public
  • Waterfront: No
  • Water View: No
  • Decks Patio Porches: Covered Deck
  • External Features: Workshop
  • On Golf Course: No
  • Roof: Architectural

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: 4/19/2016 2:03:19 PM
  • Geo Address Line: 507 Shady Acres Ln
  • Geo Primary City: Lexington
  • Geo Quality: 0.95
  • Geo Secondary City: Henderson Co.
  • Geo Subdivision: TN
  • Geo Zoom Level: 16
  • Lot Size: 2.4
  • Map Number: 103
  • Number Of Acres: 2.4
  • Parcel Number: 006.25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2016
Closed on
Apr 14, 2016
Sold by
Federal National Mortgage Association
Bought by
York Thomas L and York Jessica L
Seller's Agent
Shirley McKee
Coldwell Banker McKee Realty
Buyer's Agent
Shirley McKee
Coldwell Banker McKee Realty
List Price
$108,000
Sold Price
$115,000
Premium/Discount to List
$7,000
6.48%
Current Estimated Value
$305,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,633
Avg. Annual Appreciation
9.99%
Original Mortgage
$109,250
Outstanding Balance
$88,326
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$191,323

Purchase Details

Closed on
Jan 28, 2016
Sold by
Wood Roby C

Purchase Details

Closed on
Jul 14, 1994
Bought by
Wood Roby C and Wood Bobbye
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
York Thomas L $115,000 --
-- -- --
Federal National Mortgage Association $122,272 --
Wood Roby C $7,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open York Thomas L $109,250
Previous Owner Wood Roby C $232,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2016 04/18/16 Sold $115,000 +6.5% $64 / Sq Ft
03/16/2016 03/16/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $108,000 -- $60 / 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 $976 $61,725 $4,600 $57,125
2023 $976 $61,725 $4,600 $57,125
2022 $877 $37,000 $2,900 $34,100
2021 $877 $37,000 $2,900 $34,100
2020 $877 $37,000 $2,900 $34,100
2019 $877 $37,000 $2,900 $34,100
2018 $781 $34,200 $2,900 $31,300
2017 $781 $34,200 $2,900 $31,300
2016 $787 $33,125 $2,875 $30,250
2015 $787 $33,125 $2,875 $30,250
2014 $787 $33,146 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central West Tennessee Association of REALTORS®

MLS Number: 171529

Central West Tennessee Association of REALTORS®

APN: 103-006.25