NOT LISTED FOR SALE

509 S Main St Gainesboro, TN 38562

Estimated Value: $189,000 - $250,000

3 Beds
2 Baths
1,729 Sq Ft
$130/Sq Ft Est. Value

Last Sold October 01, 2018

Last sale price $101,000 $58 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $1,287/month

Highlights

  • New Flooring
  • Main Floor Primary Bedroom
  • Living Room
  • Newly Painted Property
  • No HOA
  • Landscaped with Trees

About This Home

As of October 2018

Great home in town sitting on a huge lot. 3 bedroom, 2 bath with bonus room. New paint, new light fixtures, updated bathrooms, newer HVAC. Original hardwoods refinished throughout the home. Large mudroom/ laundry. Property offers 28 X 24 garage. This is a must see home!

Last Agent to Sell the Property

Lacy Smith

The Realty Firm & Auction Gainesboro Brokerage Phone: 9312687653 License #305683 Listed on: 07/08/2018

The Realty Firm & Auction Gainesboro

Last Buyer's Agent

Lacy Smith

The Realty Firm & Auction Gainesboro Brokerage Phone: 9312687653 License #305683 Listed on: 07/08/2018

The Realty Firm & Auction Gainesboro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $551

Year Built

  • Built in 1951

Lot Details

  • Landscaped with Trees

Home Design

  • Newly Painted Property
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,729 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Room
  • New Flooring
  • Crawl Space
  • Laundry on main level

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Carport
  • Open Parking

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 019.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$551

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Attribution Contact: 9312687653
  • Directions: From JCCH: L on Union Street which runs into Main St; Driveway just past Crescent Ave on the R
  • Unit Levels: One and One Half
  • Prop. Type: Residential
  • Year Built: 1951
  • Property Sub Type: Site Built
  • Lot Size: 340 x 190 IRR
  • Subdivision Name: None
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Kitchen Level: Main
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Electric Range, Refrigerator, Electric Oven
  • Has Basement: Crawl Space
  • Flooring: New Floor Covering, Hardwood, Vinyl, Carpet
  • Interior Amenities: New Paint, Ceiling Fan(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1729
  • Main Level Bedrooms: 3
  • Room Bedroom2 Level: Main
  • Room Bedroom3 Area: 115
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Area: 181.25
  • Room Bedroom3 Level: Main
  • Master Bedroom Master Bedroom Width: 12.5
  • Room Master Bedroom Area: 143.75
  • Living Room Living Room Level: Main
  • Dining Room Dining Room Level: Main

Exterior Features

  • Roof: Composition
  • Lot Features: Trees
  • Construction Type: Frame, Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Paved, Carport, Garage
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers, UCEMC
  • Heating: Natural Gas, Central
  • Sewer: Public Sewer
  • Gas Company: Natural Gas, MD TN Nat Gas
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public, City

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R-1
  • Farm Land Area Units: Square Feet
  • Parcel #: 019.00
  • Irrigation Water Rights: No

Tax Info

  • Tax Annual Amount: 551.07
  • Tax Book Number: 64
  • Tax Map Number: 051P

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2018
Closed on
Oct 1, 2018
Sold by
Smith Heather Nicole
Bought by
Thornton Bradlee A
Seller's Agent
Lacy Smith
The Realty Firm & Auction Gainesboro
Buyer's Agent
Lacy Smith
The Realty Firm & Auction Gainesboro
Sold Price
$101,000
Current Estimated Value
$221,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,110
Avg. Annual Appreciation
11.96%
Original Mortgage
$99,170
Outstanding Balance
$89,206
Interest Rate
5.62%
Mortgage Type
FHA
Estimated Equity
$130,279

Purchase Details

Listed on
Feb 9, 2018
Closed on
May 14, 2018
Sold by
Pennymac Loan Services Llc
Bought by
Smith Heather Nicole
Seller's Agent
Pamela Looper
Advantage Realty
Buyer's Agent
Pamela Looper
Advantage Realty
Sold Price
$62,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
249.47%

Purchase Details

Closed on
Dec 4, 2017
Sold by
Bryant Travis W and Bryant Kaleigh
Bought by
Pennymac Loan Service Llc

Purchase Details

Listed on
Dec 16, 2015
Closed on
May 18, 2016
Sold by
Agee Travis N
Bought by
Bryant Travis W and Bryant Kaleigh
Seller's Agent
Lacy Smith
Highlands Elite Real Estate
Buyer's Agent
Lacy Smith
Highlands Elite Real Estate
List Price
$179,900
Sold Price
$100,000
Premium/Discount to List
-$79,900
-44.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.88%
Original Mortgage
$102,827
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2011
Sold by
Lynn Jason B
Bought by
Agee Travis N and Agee Logan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,062
Interest Rate
4.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 13, 2008
Sold by
Wells Fargo Bank Na
Bought by
Lynn Jason B

Purchase Details

Closed on
Jan 3, 2008
Bought by
Wells Fargo Bankn A % Home Loan Services Inc

Purchase Details

Closed on
Oct 3, 2006
Sold by
Lawrence Vickie L
Bought by
Mounce Smith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,340
Interest Rate
6.36%

Purchase Details

Closed on
Sep 29, 2006
Bought by
Smith Mounce and Smith Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,340
Interest Rate
6.36%

Purchase Details

Closed on
Sep 20, 1991
Bought by
Lawrence Vickie L

Purchase Details

Closed on
Mar 13, 1987
Bought by
Berry Leola E
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
Thornton Bradlee A $101,000 Integrity Title & Escrow Llc
Smith Heather Nicole $62,000 Associates Closing & Title
Pennymac Loan Service Llc $79,559 None Available
Bryant Travis W $100,000 --
Agee Travis N $85,000 --
Lynn Jason B $63,000 --
Wells Fargo Bankn A % Home Loan Services Inc $61,100 --
Mounce Smith $80,340 --
Smith Mounce $80,300 --
Lawrence Vickie L -- --
Berry Leola E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thornton Bradlee A $99,170
Previous Owner Bryant Travis W $102,827
Previous Owner Agee Travis N $92,062
Previous Owner Berry Leola E $80,340
Previous Owner Lawrence Vickie L $32,000
Previous Owner Ralph Lawrence $12,237
Previous Owner Vickie Lawrence $39,235
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2018 10/01/18 Sold $101,000 +1.0% $58 / Sq Ft
06/26/2018 06/26/18 Off Market $100,000 -- --
06/14/2018 06/14/18 Price Changed $169,900 -5.6% $98 / Sq Ft
05/25/2018 05/25/18 For Sale $179,900 +190.2% $104 / Sq Ft
05/11/2018 05/11/18 Sold $62,000 -38.0% $45 / Sq Ft
05/18/2016 05/18/16 Sold $100,000 +61.3% $58 / Sq Ft
01/01/1970 01/01/70 Off Market $62,000 -- --
01/01/1970 01/01/70 Off Market $101,000 -- --
Source: Upper Cumberland 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 -- $27,575 $3,000 $24,575
2023 $924 $27,575 $3,000 $24,575
2022 $729 $27,575 $3,000 $24,575
2021 $729 $27,575 $3,000 $24,575
2020 $776 $27,575 $3,000 $24,575
2019 $551 $23,625 $3,000 $20,625
2018 $551 $16,775 $3,000 $13,775
2017 $551 $16,775 $3,000 $13,775
2016 $529 $16,775 $3,000 $13,775
2015 $540 $16,075 $3,000 $13,075
2014 $528 $15,725 $3,000 $12,725
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Cumberland Association of REALTORS®

MLS Number: 186964

Upper Cumberland Association of REALTORS®

APN: 051P-D-019.00