NOT LISTED FOR SALE

5285 Fayette Corner Dr Whiteville, TN 38075

Estimated Value: $312,000 - $426,000

3 Beds
2 Baths
2,310 Sq Ft
$164/Sq Ft Est. Value

Last Sold February 09, 2022

Last sale price $350,000 $152 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,162/month

3 Days on Market

Highlights

  • Water Views
  • Water Access
  • Lake On Lot
  • Detached Guest House
  • Barn or Stable
  • Deck

About This Home

As of February 2022

U n i q u e home on 10 acres in a peaceful country setting! Primary house features 9' ceilings, ideal open floor plan perfect for entertaining, cozy fireplace in living room, granite counter & island with breakfast bar. Log cabin could be a guest house or entertaining space. Approx 5 acres cleared up front with a pond, 2 wooded acres then 3 additional cleared acres in the back. 4 stall horse barn (well head for water at barn) Pasture area is fenced for horses and small dog run behind the house.

Last Agent to Sell the Property

Laura Lovelace

Crye-Leike, Inc., REALTORS License #326558 Listed on: 01/14/2022

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Laura Lovelace

Crye-Leike, Inc., REALTORS License #326558 Listed on: 01/14/2022

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $829

Year Built

  • Built in 2014

Lot Details

  • 10 Acre Lot
  • Dog Run
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,310 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Breakfast Room
  • Open Floorplan
  • Vinyl Flooring
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Storm Windows
  • Termite Clearance

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Water Access
  • Lake On Lot
  • Deck
  • Patio
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Detached Guest House
  • Barn or Stable

Community Details

  • Fayette/654A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 027 027 019.25

Home Details

Home Type

Single Family

Est. Annual Taxes

$829

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional, Ranch
  • Detached Unit Type: General Residential
  • Cross Street: Hwy 64
  • MLS Map #: 654A
  • MAAR Subdivision Name: Fayette/654A
  • List Price Per Sq Ft: 152
  • Number Of Stories: 1
  • Price Per Sq Ft: 151.52
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2310
  • Termite Contract: Yes
  • Year Built: 2014
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down, Split Bedroom Plan, Luxury Primary Bath, Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Prefabricated, In Living Room
  • Floors/Ceilings: Vinyl Floor, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: LR/DR Combination, Eat-In Kitchen, Breakfast Bar, Separate Breakfast Room, Pantry, Island In Kitchen, Washer/Dryer Connections, Kit/DR Combo
  • Misc Interior: Walk-In Closet(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, In-Law Quarters, Separate Guest House
  • Total Bathrooms: 2
  • Primary Bathroom Description: Separate Shower
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Vaulted/Coffered Ceiling, Smooth Ceiling

Exterior Features

  • Misc Exterior: Dog Run, Storage Building, Porch, Patio, Deck, Barn/Stable, Pet Area
  • Exterior Windows: Vinyl Siding, Stone, Double Pane Window(s), Storm Window(s), Log Home
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), 220 Wiring
  • Heating: Central, Electric
  • Security: Dead Bolt Lock(s)
  • Water Sewer: Electric Water Heater, Well Water, Septic Tank

Lot Info

  • Lot Description: Some Trees, Level, Lake/Pond on Property, Water View, Water Access
  • Acreage: 10
  • Lot Size: 10 acres
  • Price Per Acre: 35000

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 027 027 019.25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2022
Closed on
Feb 7, 2022
Sold by
Brandon Koonce
Bought by
Yoder Joshua and Yoder April
Seller's Agent
Laura Lovelace
Crye-Leike, Inc., REALTORS
Buyer's Agent
Laura Lovelace
Crye-Leike, Inc., REALTORS
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$382,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,277
Avg. Annual Appreciation
3.38%

Purchase Details

Closed on
Feb 3, 2021
Sold by
Koonce Deborah
Bought by
Koonce Brandon

Purchase Details

Listed on
Nov 30, 2016
Closed on
Apr 12, 2017
Sold by
Koonce Brandon
Bought by
Koonce Brandon and Koonce Deborah
Seller's Agent
Debbi Scruggs
John Green & Co., REALTORS
Buyer's Agent
Laura Lovelace
Crye-Leike, Inc., REALTORS
List Price
$270,000
Sold Price
$255,000
Premium/Discount to List
-$15,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.33%
Original Mortgage
$250,381
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 30, 2016
Closed on
Apr 10, 2017
Sold by
Tandy Lori L
Bought by
Koonce Brandon
Seller's Agent
Debbi Scruggs
John Green & Co., REALTORS
Buyer's Agent
Laura Lovelace
Crye-Leike, Inc., REALTORS
List Price
$270,000
Sold Price
$255,000
Premium/Discount to List
-$15,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,381
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 29, 2011
Sold by
Ferge Bailey
Bought by
Tandy Lori L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
4.53%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 10, 2008
Sold by
Minor Thomas M
Bought by
Ferge Bailey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,258
Interest Rate
6.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2005
Sold by
Acuff Thomas F
Bought by
Jennings Olen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,660
Interest Rate
7.75%
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
Yoder Joshua $350,000 New Title Company Name
Koonce Brandon -- Delta Title Services Llc
Koonce Brandon -- --
Koonce Brandon $255,000 --
Tandy Lori L $106,000 --
Ferge Bailey $88,600 --
Jennings Olen $97,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Koonce Brandon $250,381
Previous Owner Tandy Lori L $229,955
Previous Owner Tandy Lori L $219,073
Previous Owner Tandy Lori L $106,000
Previous Owner Ferge Bailey $90,258
Previous Owner Jennings Olen $35,000
Previous Owner Jennings Olen $87,660
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2022 02/09/22 Sold $350,000 0.0% $152 / Sq Ft
01/17/2022 01/17/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $350,000 +37.3% $152 / Sq Ft
04/12/2017 04/12/17 Sold $255,000 -5.6% $116 / Sq Ft
04/03/2017 04/03/17 Pending -- -- --
11/30/2016 11/30/16 For Sale $270,000 -- $123 / 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 $829 $64,225 $12,975 $51,250
2023 $829 $64,225 $0 $0
2022 $829 $64,225 $12,975 $51,250
2021 $829 $64,225 $12,975 $51,250
2020 $868 $64,225 $12,975 $51,250
2019 $868 $57,550 $12,975 $44,575
2018 $868 $57,550 $12,975 $44,575
2017 $868 $57,550 $12,975 $44,575
2016 $868 $54,050 $12,975 $41,075
2015 $868 $54,050 $12,975 $41,075
2014 $868 $54,050 $12,975 $41,075
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10115766

Memphis Area Association of REALTORS®

APN: 027-019.25