NOT LISTED FOR SALE

514 W Gipson Ave Gainesboro, TN 38562

Estimated Value: $63,000

18.55 Acres
$3,397 Price per Acre
807,868 Sq Ft Lot

Last Sold May 30, 2018

Last sale price $55,000

Est. 15% increase in value since last sale

Current estimated payment $344/month

Highlights

  • Barn
  • Home fronts a creek
  • Views
  • Horse Property
  • No HOA

About This Lot

As of May 2018

Ideal getaway or location to build your dream home with some wonderful mountain views. 18.54 surveyed acres located in Gainesboro, TN, within walking distance to historic town square , shopping, dining and only 15 minutes to Cookeville and I-40 exit. Property has some level and cleared areas, but mostly wooded and full of deer. Cute houseboat has been set up for comfortable camping with all appliances and furniture staying. Decking on two sides so you can watch the deer and the sun rise and set. Big old barn,, plenty of storage and still has the stalls in it for livestock. There is a gorgeous home site up a hill, not hard to improve, with stunning views. Electric on property, City water, sewer and natural gas all available. You can drive a small 4 WD vehicle around the rough roads cut into property, and there are other areas that can be cleared. Good stand of walnuts on this property.. Very private. Great Valiue at $55,000.

Last Agent to Sell the Property

Hannah Horseman

Horseman Real Estate, Llc Brokerage Phone: 9316446590 License #297619 Listed on: 04/20/2018

Last Buyer's Agent

Hannah Horseman

Horseman Real Estate, Llc Brokerage Phone: 9316446590 License #297619 Listed on: 04/20/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $132

Lot Details

  • 18.55 Acre Lot
  • Home fronts a creek
  • Property fronts a county road
  • Rock Outcropping
  • Property is zoned R 2

Additional Features

  • Barn
  • Propane
  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 001.01

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horse Property

Property Details

Property Type

Land

Est. Annual Taxes

$132

Lot Details

0

Listing Details

  • Attribution Contact: 9316446590
  • Directions: From Baxter exit of I-40 go north on Hwy 56 to town of Gainesboro. Turn left on School Drive, slight Right on S Main St and quick left on Gipson Hollow Rd. Go 4/10 mile and destination on right. Look for sign and you will see the houseboat camper.
  • Prop. Type: Land
  • Property Sub Type: Unrestricted
  • Horses: Yes
  • Lot Size Acres: 18.5461
  • Lot Size: see plat
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Special Features: None

Interior Features

  • Possible Use: Single Family, Farm

Exterior Features

  • Topography: Level,Slopes Above Road,Rolling
  • Lot Features: Rock Outcropping, Horse Property
  • View: Yes
  • Waterfront Features: Creek
  • Other Structures: Barn(s)

Utilities

  • Electric: Public
  • Sewer: Public Sewer
  • Gas Company: Natural Gas, Public
  • Electricity On Property: Yes
  • Utilities: Electricity Connected, Natural Gas Available, Propane, Water Available, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R 2
  • Lot Size Sq Ft: 807868.116
  • Farm Land Area Units: Square Feet
  • Wooded Area: 696960
  • Parcel #: 001.01
  • Irrigation Water Rights: No

Tax Info

  • Tax Annual Amount: 131.79
  • Tax Book Number: 62
  • Tax Map Number: 060

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2024
Sold by
Thompson Amy Michele and Thompson Christopher L
Bought by
Owings William T
Current Estimated Value
$63,000

Purchase Details

Listed on
Apr 20, 2018
Closed on
May 30, 2018
Sold by
Hutchison Sam H and Hutchison Connie B
Bought by
Thompson Amy Michele and Thompson Christopher L
Seller's Agent
Hannah Horseman
Horseman Real Estate, Llc
Buyer's Agent
Hannah Horseman
Horseman Real Estate, Llc
Sold Price
$55,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.89%

Purchase Details

Closed on
Dec 2, 2010
Sold by
Kelley Jack Paul
Bought by
Hutchison Sam H

Purchase Details

Closed on
May 6, 2003
Sold by
Sharp Charles L
Bought by
Kelley Jack P

Purchase Details

Closed on
Jun 25, 1993
Bought by
Sharp Charles Lyle

Purchase Details

Closed on
Nov 4, 1985
Bought by
Sharp William B and Sharp Dolores A
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
Owings William T $55,000 Ledbetter Title Company Llc
Thompson Amy Michele $55,000 North Meridian Title
Hutchison Sam H $15,000 --
Kelley Jack P $47,000 --
Sharp Charles Lyle $10,000 --
Sharp William B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kelley Jack P $30,742
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2018 05/30/18 Sold $55,000 0.0% --
01/01/1970 01/01/70 Off Market $55,000 -- --
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 -- $325 $325 $0
2023 $11 $325 $325 $0
2022 $8 $325 $325 $0
2021 $8 $325 $325 $0
2020 $9 $325 $325 $0
2019 $9 $275 $275 $0
2018 $9 $275 $275 $0
2017 $9 $275 $275 $0
2016 $9 $275 $275 $0
2015 $9 $275 $275 $0
2014 $8 $225 $225 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Cumberland Association of REALTORS®

MLS Number: 185518

Upper Cumberland Association of REALTORS®

APN: 060-001.01