NOT LISTED FOR SALE

518 S Murray St Gainesboro, TN 38562

Estimated Value: $170,837 - $197,000

2 Beds
1 Bath
1,434 Sq Ft
$127/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $164,000 $114 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,016/month

Highlights

  • New Flooring
  • Main Floor Primary Bedroom
  • Living Room
  • Newly Painted Property
  • No HOA
  • Garden

About This Home

As of May 2024

This is a lovely home, with lots of character, is right in the historic town of Gainesboro. The home is within walking distance to the courthouse and the unique restaurants and shops in the area. If you have little ones, the home is also within walking distance to the Jackson Co Elementary school. It's considered a 2-bedroom home, since both rooms have closets but there is another large room in the front, that's big enough for a bedroom and bath/closet if you need the additional bedroom and bath. There's lots of possibilities for this adorable home. The owner installed a new AC unit, hot water heater, new flooring and a new roof, plus more.

Last Agent to Sell the Property

Gina Hooper

eXp Realty Brokerage Phone: 8885195113 License #276041 Listed on: 04/04/2024

eXp Realty

Last Buyer's Agent

Lacy Smith

The Realty Firm & Auction Gainesboro License #305683

The Realty Firm & Auction Gainesboro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $442

Year Built

  • Built in 1952

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Garden

Parking

  • 1 Car Garage

Home Design

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

Interior Spaces

  • 1,434 Sq Ft Home
  • Living Room
  • Dining Room
  • New Flooring
  • Laundry on main level

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 005.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$442

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Attribution Contact: 8885195113
  • Directions: Directions: From the PCCH travel west on I-40 exit at Baxter/ Hwy. 56 continue to Gainesboro. Take a left on Murray, this home is on the right.
  • Prop. Type: Residential
  • Year Built: 1952
  • Property Sub Type: Site Built
  • Lot Size Acres: 0.1148
  • Lot Size: 50 x 100
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Carport Y N: No
  • Garage Yn: Yes
  • Kitchen Level: Main
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Electric Oven, Electric Range, Microwave
  • Flooring: New Floor Covering, Hardwood, Pergo Style
  • Interior Amenities: New Paint
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 1434
  • Main Level Bedrooms: 2
  • Window Features: Single Pane Windows
  • Room Bedroom2 Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Living Room Living Room Level: Main
  • Dining Room Dining Room Level: Main

Exterior Features

  • Exterior Features: Garden
  • Roof: Composition
  • View: No Water Frontage View Description, None
  • View: No
  • Waterfront Features: No Water Frontage View Description
  • Home Warranty: No
  • Construction Type: Frame, Vinyl Siding
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Parking Features: Garage
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers, Upper Cumberland
  • Heating: Central
  • Sewer: Public Sewer
  • Gas Company: Natural Gas
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Utility District, City of Gainesboro

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 5000
  • Farm Land Area Units: Square Feet
  • Parcel #: 005.00
  • Irrigation Water Rights: No

Tax Info

  • Tax Annual Amount: 441.91
  • Tax Book Number: 111
  • Tax Map Number: 051P

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
May 15, 2024
Sold by
Bilbrey Andrew and Bilbrey Savanna Leslie
Bought by
Johnson Maria Karoline
Seller's Agent
Gina Hooper
eXp Realty
Buyer's Agent
Lacy Smith
The Realty Firm & Auction Gainesboro
List Price
$159,000
Sold Price
$164,000
Premium/Discount to List
$5,000
3.14%
Views
48
Current Estimated Value
$181,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,709
Avg. Annual Appreciation
2.64%
Original Mortgage
$159,080
Outstanding Balance
$157,569
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$12,220

Purchase Details

Closed on
Feb 15, 2023
Sold by
Stafford Johnny F
Bought by
Bilbrey Andrew and Bilbrey Savanna Leslie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,007
Interest Rate
6.48%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 9, 2000
Sold by
Stafford Johnny F
Bought by
Stafford Johnny F

Purchase Details

Closed on
Jul 24, 1997
Sold by
Brenda Stout
Bought by
Stafford and Karen

Purchase Details

Closed on
Jul 22, 1997
Bought by
Stafford Johnny F and Stafford Karen L

Purchase Details

Closed on
Nov 2, 1995
Sold by
Margret Hudson
Bought by
Brenda Stout

Purchase Details

Closed on
May 19, 1995
Sold by
Dillon Jenkins
Bought by
Margret Hudson

Purchase Details

Closed on
Jan 21, 1983
Bought by
Jenkins Dillon and Jenkins Lucille

Purchase Details

Closed on
Jan 1, 1983
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
Johnson Maria Karoline $164,000 Integrity Title
Bilbrey Andrew $110,000 --
Stafford Johnny F -- --
Stafford $40,601 --
Stafford Johnny F $40,600 --
Brenda Stout $46,000 --
Margret Hudson $31,000 --
Jenkins Dillon -- --
-- $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Maria Karoline $159,080
Previous Owner Bilbrey Andrew $108,007
Previous Owner Johnny Stafford $42,090
Previous Owner Stafford Johnny F $43,600
Closed Bilbrey Andrew $6,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Sold $164,000 +3.1% $114 / Sq Ft
04/04/2024 04/04/24 For Sale $159,000 -- $111 / Sq Ft
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 -- $16,725 $2,625 $14,100
2023 $560 $16,725 $2,625 $14,100
2022 $442 $16,725 $2,625 $14,100
2021 $442 $16,725 $2,625 $14,100
2020 $458 $16,725 $2,625 $14,100
2019 $436 $13,925 $2,625 $11,300
2018 $436 $13,275 $2,625 $10,650
2017 $436 $13,275 $2,625 $10,650
2016 $437 $13,275 $2,625 $10,650
2015 $446 $13,275 $2,625 $10,650
2014 $438 $13,050 $2,625 $10,425
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Cumberland Association of REALTORS®

MLS Number: 226484

Upper Cumberland Association of REALTORS®

APN: 051P-F-005.00