NOT LISTED FOR SALE

525 Mcknight Loop Mason, TN 38049

Estimated Value: $150,376 - $282,000

2 Beds
1 Bath
1,000-1,199 Sq Ft
$171/Sq Ft Est. Value

Last Sold June 27, 2016

Last sale price $57,000 $48 Per Sq Ft

Est. 260% increase in value since last sale

Current estimated payment $1,110/month

9 Days on Market

Highlights

  • Updated Kitchen
  • Sun or Florida Room
  • Central Air
  • Traditional Architecture
  • Some Wood Windows
  • Combination Dining and Living Room

About This Home

As of June 2016

Nice 2 bedroom, 1 bath brick home in the country. Laminate flooring through- out, updated kitchen, sun room and a fenced back yard. This property has a Mason address and is located just outside Gallaway. SEE ATTACHMENT FOR PAS REQUIREMENTS AND WFHM OFFER SUBMITTAL INFORMATION IN MLS DOCUMENT SECTION.

Last Agent to Sell the Property

Robert Wallis

Richards-Cummins Real Estate License #267315 Listed on: 05/17/2016

Last Buyer's Agent

Robert Wallis

Richards-Cummins Real Estate License #267315 Listed on: 05/17/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $237

Year Built

  • Built in 1971

Lot Details

  • 1.02 Acre Lot
  • Chain Link Fence
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,294 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Laminate Flooring
  • Updated Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Home Security

  • Storm Doors
  • Fire and Smoke Detector
  • Iron Doors

Parking

  • 1 Car Garage
  • Front Facing Garage
  • Driveway

Utilities

  • Central Air
  • Heating Available
  • Well
  • Septic Tank

Community Details

  • Mcknight Loop Subdivision

Listing and Financial Details

  • Assessor Parcel Number 018 018 02000

Home Details

Home Type

Single Family

Est. Annual Taxes

$237

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 651A
  • MAAR Subdivision Name: McKnight Loop
  • List Price Per Sq Ft: 43
  • Number Of Stories: 1
  • Price Per Sq Ft: 44.05
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1294
  • Year Built: 1971
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 1
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Washer/Dryer Connections
  • Other Rooms: Sun Room
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Chain Fence
  • Exterior Windows: Brick Veneer, Wood Window(s), Storm Door(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad, Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Electric
  • Security: Smoke Detector(s)
  • Water Sewer: Septic Tank, Well Water

Lot Info

  • Lot Description: Some Trees, Chain Fenced
  • Acreage: 1.02
  • Lot Size: 1.2
  • Price Per Acre: 54902

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 018 018 02000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2016
Closed on
Jun 17, 2016
Sold by
Wells Fargo Bank Na
Bought by
Martin Woodrow and Martin Cara
Seller's Agent
Robert Wallis
Richards-Cummins Real Estate
Buyer's Agent
Robert Wallis
Richards-Cummins Real Estate
List Price
$56,000
Sold Price
$57,000
Premium/Discount to List
$1,000
1.79%
Total Days on Market
9
Current Estimated Value
$205,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,344
Avg. Annual Appreciation
14.12%

Purchase Details

Closed on
Apr 15, 2016
Sold by
Johnson Timothy W
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Nov 14, 2014
Sold by
Knight Leigh
Bought by
Johnson Timothy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,530
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2012
Sold by
Naramore James E
Bought by
Moseley Tristian and Moseley Richard

Purchase Details

Closed on
May 2, 2011
Sold by
Hopper Gary Wayne
Bought by
Knight Leigh and Pickens Mary Ann

Purchase Details

Closed on
Apr 29, 2011
Sold by
Tillman Ellen Sue
Bought by
Hopper Gary Wayne

Purchase Details

Closed on
Jun 15, 1994
Bought by
Hopper Gary Wayne and Ellen Sue

Purchase Details

Closed on
May 3, 1994
Bought by
Gaines Maurice and Gaines Sue

Purchase Details

Closed on
Feb 10, 1971
Bought by
Kelley A C

Purchase Details

Closed on
Jan 1, 1971
Source: Public Records

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Range of Values:

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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
Martin Woodrow $57,000 --
Wells Fargo Bank Na $64,740 --
Johnson Timothy W $75,000 --
Moseley Tristian -- --
Knight Leigh $20,000 --
Hopper Gary Wayne -- --
Hopper Gary Wayne $45,000 --
Gaines Maurice $34,000 --
Kelley A C -- --
-- $1,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Timothy W $76,530
Previous Owner Tillman Ellen S $23,862
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2016 06/27/16 Sold $57,000 +1.8% $57 / Sq Ft
05/26/2016 05/26/16 Pending -- -- --
05/17/2016 05/17/16 For Sale $56,000 -- $56 / Sq Ft
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 $237 $18,375 $3,425 $14,950
2023 $237 $18,375 $0 $0
2022 $237 $18,375 $3,425 $14,950
2021 $237 $18,375 $3,425 $14,950
2020 $249 $18,375 $3,425 $14,950
2019 $249 $16,525 $3,425 $13,100
2018 $249 $16,525 $3,425 $13,100
2017 $249 $16,525 $3,425 $13,100
2016 $255 $15,875 $3,425 $12,450
2015 $255 $15,875 $3,425 $12,450
2014 $255 $15,875 $3,425 $12,450
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Robert Wallis

    Richards-Cummins Real Estate

    (731) 780-1993

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9977349

Memphis Area Association of REALTORS®

APN: 018-020.00

Tennessee Fayette County Mason 38049

525 Mcknight Loop, Mason, TN

This home is located at 525 Mcknight Loop, Mason, TN 38049 since 17 May 2016 and is currently estimated at $205,344, approximately $171 per square foot. This property was built in 1971. 525 Mcknight Loop is a home located in Fayette County with nearby schools including Oakland Elementary School, West Junior High School, and Fayette Ware Comprehensive High School.

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