NOT LISTED FOR SALE

514 Belmont Ave Shelbyville, TN 37160

Estimated Value: $337,000 - $465,000

5 Beds
4.5 Baths
5,027 Sq Ft
$77/Sq Ft Est. Value

Last Sold February 28, 2024

Last sale price $330,000 $66 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,346/month

172 Days on Market

Highlights

  • City View
  • Main Floor Primary Bedroom
  • 3 Fireplaces
  • Wood Flooring
  • Victorian Architecture
  • No HOA

About This Home

As of February 2024

This beautiful home in the Historic District of Shelbyville is move in ready and still has most of the 1920 wood work, three fireplaces, beautful doors, grand foyer staircase and hardwood floors. There are ornate twin french doors spread out through the home. It was one of the most expensive and desired homes when built. The Belmont Historic District has seen many renovations bringing this area back to a special place to live. A similar home built in 1890 just sold for $515,000.00. There is not enough space for me to take you through the history of this home but it is super impressive. The home is sound, with foundation, wiring and plumbing be redone over the resent year. The home hase HVAC through out for living comfort. Walk down town, to school and much more. 5 beds-3.5 baths.

Last Agent to Sell the Property

Bryan Nerren

Coldwell Banker Southern Realty Brokerage Phone: 9317035162 License #333241 Listed on: 05/06/2023

Coldwell Banker Southern Realty

Last Buyer's Agent

Jessica McCarty

Compass Tennessee, LLC License #330893

Compass Tennessee, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,565

Year Built

  • Built in 1920

Lot Details

  • 0.45 Acre Lot
  • Level Lot

Parking

  • 2 Car Garage
  • 9 Open Parking Spaces
  • Gravel Driveway

Home Design

  • Victorian Architecture
  • Brick Exterior Construction
  • Combination Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • 3 Fireplaces
  • Entrance Foyer
  • City Views
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • East Side Elementary School
  • Harris Middle School
  • Community High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 089G P 00600 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,565

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Victorian
  • Year Built: 1920
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Ceiling Fan(s), Entry Foyer, Primary Bedroom Main Floor
  • Appliances: Dishwasher, Refrigerator
  • Fireplace: Yes
  • Fireplaces: 3
  • Flooring: Finished Wood, Tile
  • Total Bedrooms: 5
  • Main Level Bedrooms: 1
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Has Basement: Combination
  • Above Grade Finished Sq Ft: 4291
  • Below Grade Sq Ft: 736
  • Building Area Units: Square Feet
  • Living Area: 5027
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Storage
  • Construction Type: Brick, Stucco
  • Patio And Porch Features: Covered Patio, Patio, Porch
  • Pool Private: No
  • Roof: Shingle
  • View: City
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 9
  • Parking Features: Detached, Concrete, Gravel
  • Total Parking Spaces: 11

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.45
  • Lot Size: 128 X 171 IRR
  • Lot Size Units: Acres
  • Parcel #: 089G P 00600 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 3565

MLS Schools

  • Elementary School: East Side Elementary
  • High School: Community High School
  • Middle Or Junior School: Harris Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2023
Closed on
Feb 22, 2024
Sold by
Jarquin Norma Judith
Bought by
Blair David and Blair Sheryl
Seller's Agent
Bryan Nerren
Coldwell Banker Southern Realty
Buyer's Agent
Jessica McCarty
Compass Tennessee, LLC
List Price
$440,000
Sold Price
$330,000
Premium/Discount to List
-$110,000
-25%
Views
1163
Current Estimated Value
$389,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,585
Avg. Annual Appreciation
10.07%
Original Mortgage
$230,000
Outstanding Balance
$220,746
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$168,839

Purchase Details

Listed on
May 6, 2023
Closed on
Feb 5, 2024
Sold by
Jarquin Cruz Francisco
Bought by
Jarquin Norma Judith
Seller's Agent
Bryan Nerren
Coldwell Banker Southern Realty
Buyer's Agent
Jessica McCarty
Compass Tennessee, LLC
List Price
$440,000
Sold Price
$330,000
Premium/Discount to List
-$110,000
-25%
Views
1163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Outstanding Balance
$220,746
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$168,839

Purchase Details

Closed on
Nov 15, 2017
Sold by
Barbee John S
Bought by
Cruz Francisco Jarquin and Jarquin Norman Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,800
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2003
Sold by
Bobo Angelyn S
Bought by
Barbee John and Barbee Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
5.82%

Purchase Details

Closed on
Dec 31, 1996
Sold by
Landers James R
Bought by
Bobo Angelyn S

Purchase Details

Closed on
Sep 18, 1963
Bought by
Landers James R and Landers Jessie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Blair David $330,000 None Listed On Document
Jarquin Norma Judith -- None Listed On Document
Cruz Francisco Jarquin $113,500 Premier Land Title
Barbee John $215,000 --
Bobo Angelyn S $9,500 --
Landers James R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blair David $230,000
Previous Owner Cruz Francisco Jarquin $90,800
Previous Owner Landers James R $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2024 02/28/24 Sold $330,000 -16.5% $66 / Sq Ft
10/25/2023 10/25/23 Pending -- -- --
09/05/2023 09/05/23 Price Changed $395,000 -10.2% $79 / Sq Ft
05/06/2023 05/06/23 For Sale $440,000 -- $88 / 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 -- $91,050 $0 $0
2024 -- $91,050 $7,175 $83,875
2023 $3,465 $91,050 $7,175 $83,875
2022 $3,565 $91,050 $7,175 $83,875
2021 $3,237 $91,050 $7,175 $83,875
2020 $1,647 $91,050 $7,175 $83,875
2019 $1,647 $37,175 $3,750 $33,425
2018 $1,610 $37,175 $3,750 $33,425
2017 $2,261 $52,225 $3,750 $48,475
2016 $2,240 $52,225 $3,750 $48,475
2015 $2,240 $52,225 $3,750 $48,475
2014 $2,134 $54,435 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2516910

Realtracs

APN: 089G-P-006.00