NOT LISTED FOR SALE

53 Preston Ln Elmwood, TN 38560

Estimated Value: $127,000 - $224,000

-- Bed
2 Baths
1,512 Sq Ft
$122/Sq Ft Est. Value

About This Home

This home is located at 53 Preston Ln, Elmwood, TN 38560 and is currently estimated at $184,667, approximately $122 per square foot. 53 Preston Ln is a home located in Smith County with nearby schools including Forks River Elementary School, Smith County Middle School, and Smith County High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2023
Sold by
Jakes Ernest
Bought by
Jakes Elliott S
Current Estimated Value
$184,667

Purchase Details

Closed on
Oct 20, 2016
Sold by
Jakes Elliott S
Bought by
Jakes Valerie A

Purchase Details

Closed on
Jul 21, 2005
Sold by
Secretary Of Veterans Affa
Bought by
Jakes Elliott S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
5.59%
Mortgage Type
Cash

Purchase Details

Closed on
Nov 21, 2002
Bought by
Secretary Of Veterans Affs Property Disp Bran

Purchase Details

Closed on
Aug 10, 1999
Sold by
Wilson Carman Ray
Bought by
Ralph Porter

Purchase Details

Closed on
Aug 29, 1995
Bought by
Wilson Carman Ray
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Jakes Elliott S -- None Listed On Document
Jakes Valerie A -- --
Jakes Elliott S $45,000 --
Secretary Of Veterans Affs Property Disp Bran $83,700 --
Ralph Porter $16,000 --
Wilson Carman Ray $7,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilson Carman Ray $45,000
Source: Public Records

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 $575 $33,150 $6,150 $27,000
2023 $575 $33,150 $0 $0
2022 $575 $33,150 $6,150 $27,000
2021 $500 $20,150 $5,475 $14,675
2020 $550 $20,150 $5,475 $14,675
2019 $550 $20,150 $5,475 $14,675
2018 $431 $20,150 $5,475 $14,675
2017 $431 $20,150 $5,475 $14,675
2016 $442 $19,050 $5,150 $13,900
2015 $442 $19,050 $5,150 $13,900
2014 $442 $19,050 $5,150 $13,900
Source: Public Records

Map

Tennessee Smith County Elmwood 38560

53 Preston Ln, Elmwood, TN

This home is located at 53 Preston Ln, Elmwood, TN 38560 and is currently estimated at $184,667, approximately $122 per square foot. 53 Preston Ln is a home located in Smith County with nearby schools including Forks River Elementary School, Smith County Middle School, and Smith County High School.

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