NOT LISTED FOR SALE

5161 Morrison Creek Rd Clifton, TN 38425

Estimated Value: $178,184 - $265,000

57.55 Acres
$3,850 Price per Acre
2,506,878 Sq Ft Lot

Last Sold October 20, 2020

Last sale price $119,000

Est. 86% increase in value since last sale

Current estimated payment $1,259/month

63 Days on Market

Highlights

  • Barn
  • Spring on Lot
  • Wooded Lot
  • 57.55 Acre Lot
  • Lake, Pond or Stream
  • Timber

About This Lot

As of October 2020

#4743-UNRESTRICTED ACREAGE FOR SALE IN TN WITH UTILITIES, POND, AND BARN. Several building spots are ready with electric, water and septic tank already on the property. breathtaking views of the Tennessee tree lines. Fishing & boating recreation. Near river town of Clifton, TN. Nothing here to obstruct your view of the abundant wildlife and serene nature. There is a pond, barn and implement shed on the property just waiting for someone to come home to. Low Taxes. Beautiful Land.

Last Agent to Sell the Property

Melanie Cromwell

Justin Johnson Realty License #350686 Listed on: 01/17/2020

Last Buyer's Agent

Melanie Cromwell

Justin Johnson Realty License #350686 Listed on: 01/17/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $730

Lot Details

  • 57.55 Acre Lot
  • Rural Setting
  • Lot Has A Rolling Slope
  • Wooded Lot

Outdoor Features

  • Spring on Lot
  • Lake, Pond or Stream
  • Outdoor Storage

Farming

  • Barn
  • Timber

Utilities

  • Well
  • Septic Tank

Property Details

Property Type

Land

Est. Annual Taxes

$730

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Cross Street: Linden Hwy
  • Location: Rural
  • MLS Map #: 6991
  • Price Per Sq Ft: 2067.77
  • Miscellaneous: Pond/Lake, Natural Spring, Merchantable Timber
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Utilities

  • Utilities: Well, Electricity, Septic Tank

Lot Info

  • Acreage: 57.55
  • Lot Size: 57.55 Acres
  • Price Per Acre: 2259
  • Present Structure: Barn, Storage Building
  • Present Usage: None/Vacant
  • Shape: Irregular
  • Topographic Feature: Rolling, Wooded
  • Zoning Of Adjacent Area: Agriculture, Rural, Greenbelt

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2020
Closed on
Sep 30, 2020
Sold by
Hotchkiss Jane Love
Bought by
H & S Partnership
Seller's Agent
Melanie Cromwell
Justin Johnson Realty
Buyer's Agent
Melanie Cromwell
Justin Johnson Realty
List Price
$129,999
Sold Price
$119,000
Premium/Discount to List
-$10,999
-8.46%
Current Estimated Value
$221,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,592
Avg. Annual Appreciation
5.71%
Original Mortgage
$97,927
Outstanding Balance
$17,287
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$138,575

Purchase Details

Closed on
Jun 30, 2007
Sold by
Caldwell Wallace C
Bought by
Caldwell Marsha L

Purchase Details

Closed on
Jun 3, 2004
Sold by
Caldwell W C
Bought by
Caldwell Marsha L

Purchase Details

Closed on
Jan 27, 2004
Sold by
Ann Caldwell L A Aka Lila
Bought by
Chester Caldwell Wallace

Purchase Details

Closed on
Apr 10, 1992
Bought by
Ford James David

Purchase Details

Closed on
Sep 30, 1988
Bought by
Ford James David and Ford Rose A

Purchase Details

Closed on
Sep 19, 1974
Bought by
Ford Ford J and Ford Rose 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
H & S Partnership $119,000 None Available
Caldwell Marsha L -- --
Caldwell Marsha L -- --
Chester Caldwell Wallace -- --
Ford James David $30,000 --
Ford James David $17,500 --
Ford Ford J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open H & S Partnership $97,927
Previous Owner Caldwell Marsha L $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2020 10/20/20 Sold $119,000 -8.5% --
03/20/2020 03/20/20 Pending -- -- --
01/17/2020 01/17/20 For Sale $129,999 -- --
Source: Memphis Area 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 $730 $33,675 $28,425 $5,250
2023 $646 $33,675 $28,425 $5,250
2022 $561 $29,275 $28,425 $850
2021 $580 $29,275 $28,425 $850
2020 $580 $25,225 $22,625 $2,600
2019 $1,032 $44,850 $24,275 $20,575
2018 $1,032 $44,850 $24,275 $20,575
2017 $967 $44,850 $24,275 $20,575
2016 $919 $44,850 $24,275 $20,575
2014 $1,018 $49,165 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Melanie Cromwell

    Justin Johnson Realty

    (731) 607-9620

    40 Total Sales

    Melanie Cromwell
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10069151

Memphis Area Association of REALTORS®

APN: 033-006.02

Tennessee Wayne County Clifton 38425

5161 Morrison Creek Rd, Clifton, TN

This home is located at 5161 Morrison Creek Rd, Clifton, TN 38425 since 17 January 2020 and is currently estimated at $221,592. 5161 Morrison Creek Rd is a home located in Wayne County.

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