NOT LISTED FOR SALE

534 Wallace Rd Jackson, TN 38305

Stanworth Neighborhood

Estimated Value: $248,000 - $298,000

5 Beds
3.5 Baths
3,045 Sq Ft
$93/Sq Ft Est. Value

Last Sold May 03, 2016

Last sale price $130,000 $43 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $1,578/month

201 Days on Market

Highlights

  • Deck
  • Separate Formal Living Room
  • Covered Patio or Porch
  • Wood Flooring
  • Den
  • Formal Dining Room

About This Home

As of May 2016

Look at this remarkable value in the heart of Jackson! Spacious, move in ready, this 3,045 sq.ft. brick home features 5 bedrooms, 3.5 baths with walkout finished basement & workshop. Fresh paint, updated flooring, large kitchen, master bedroom on main level. Huge den with fireplace on lower level.

Last Agent to Sell the Property

Larry Strazzella

EXIT Realty Blues City License #320481 Listed on: 08/15/2015

EXIT Realty Blues City

Last Buyer's Agent

Mike Singleton

McIver Land & Realty License #328009

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,023

Year Built

  • Built in 1973

Lot Details

  • Fenced Yard

Home Design

  • Brick Exterior Construction
  • Architectural Shingle Roof

Interior Spaces

  • 3,045 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Ceiling height between 8 to 10 feet
  • Ceiling Fan
  • Gas Log Fireplace
  • Separate Formal Living Room
  • Formal Dining Room
  • Den
  • Walk-Out Basement
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Single Built-In Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Attic

  • Attic Floors
  • Pull Down Stairs to Attic

Parking

  • 3 Car Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Separate Outdoor Workshop

Utilities

  • Central Air
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Hampton Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 17.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,023

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Age: 42
  • Class: RESIDENTIAL
  • Group: E
  • Type: Single Family
  • Year Built: 1973
  • New Construction: No
  • Resort: No
  • Subtype: None
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Floors: Carpet/Tile/Hardwood | Laminate Hardwood
  • Number Of Stories: 1
  • Price Per Sq Ft: 44.33
  • Estimated Heated Sq Ft: 3045
  • Appliances: Disposal | Dishwasher | Refrigerator | Security System
  • Estimated Unheated Sq Ft: 265
  • Attic Type: Partially Floored | Pull Down Stairs
  • Bedroom 2 Level: M
  • Bedroom 2 Size: 11x11
  • Bedroom 3 Level: M
  • Bedroom 3 Size: 11x11
  • Bedroom 4 Level: L
  • Bedroom 4 Size: 10x14
  • Bedroom 5 Level: L
  • Bedroom 5 Size: 10x14
  • Countertops: Formica (Plastic)
  • Den Level: L
  • Den Size: 20x21
  • Fireplace: Gas Logs | Pre-fab Fireplace
  • Formal Dining Rm Level: M
  • Formal Dining Rm Size: 10x13
  • Foyer Level: M
  • Foyer Size: 9x14
  • In Law Quarters: No
  • Internal Features: Cable TV | Ceiling Fan(s) | Garage Door Opener | Walk-In Closet | Washer/Dryer Connection | Electric Water Heater
  • Kitchen Features: Built In Cabinet Pantry | Eat In Kitchen
  • Kitchen Level: M
  • Kitchen Size: 13x15
  • Laundry Room Level: L
  • Laundry Room Size: 5x8
  • Living Room Level: M
  • Living Room Size: 14x14
  • Master Bedroom Level: Main
  • Master Bedroom Level2: M
  • Master Bedroom Size: 13x17
  • Number Of Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Range Ovens: 1 Oven | Microwave Freestanding | Separate Cooktop-Elec. | Single Oven Built In
  • Trim Type: Vinyl

Exterior Features

  • Construction: Brick
  • Foundation: Walkout Basement
  • Water: Public
  • Waterfront: No
  • Water View: No
  • Decks Patio Porches: Covered Front Porch | Deck | Patio-Open
  • External Features: Workshop
  • Fenced Yard: Fenced Yard
  • On Golf Course: No
  • Roof: Architectural

Garage/Parking

  • Car Storage: 3
  • Garage Type: Attached Garage | Detached Garage

Utilities

  • Sewer: Public
  • Air Units: 1
  • Cooling System: Cent. A/C-Electric
  • Heating System: Gas Forced Air Cent.
  • Water Heater Units: 1

Association/Amenities

  • Gated Community: No

Lot Info

  • Geo Update Timestamp: 8/31/2015 9:17:19 PM
  • Geo Address Line: 534 Wallace Rd
  • Geo Primary City: Jackson
  • Geo Quality: 1
  • Geo Secondary City: Madison Co.
  • Geo Subdivision: TN
  • Geo Zoom Level: 19
  • Lot Size: 100x200
  • Map Number: 055N
  • Parcel Number: 17.00
  • Zoned Historical: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2015
Closed on
May 3, 2016
Sold by
Dearmitt Malissa
Bought by
Wade Wendell Terry
Seller's Agent
Larry Strazzella
EXIT Realty Blues City
Buyer's Agent
Mike Singleton
McIver Land & Realty
List Price
$135,000
Sold Price
$130,000
Premium/Discount to List
-$5,000
-3.7%
Current Estimated Value
$282,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,803
Avg. Annual Appreciation
8.60%

Purchase Details

Closed on
May 12, 2011
Sold by
Regions Bank
Bought by
Dearmitt Malissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,591
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 18, 2007
Sold by
Mary Carter Elizabeth
Bought by
Regions Bank

Purchase Details

Closed on
Jan 1, 1974
Bought by
Carter Donald L
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
Wade Wendell Terry $130,000 --
Dearmitt Malissa $95,000 --
Regions Bank -- --
Carter Donald L $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dearmitt Malissa $27,680
Previous Owner Dearmitt Malissa $92,591
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2016 05/03/16 Sold $130,000 -3.7% $43 / Sq Ft
03/03/2016 03/03/16 Pending -- -- --
08/15/2015 08/15/15 For Sale $135,000 -- $44 / Sq Ft
Source: Central West Tennessee 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 $1,023 $54,600 $3,750 $50,850
2022 $1,903 $54,600 $3,750 $50,850
2021 $1,383 $32,075 $3,750 $28,325
2020 $1,383 $32,075 $3,750 $28,325
2019 $1,383 $32,075 $3,750 $28,325
2018 $1,383 $32,075 $3,750 $28,325
2017 $1,378 $31,225 $3,750 $27,475
2016 $1,284 $31,225 $3,750 $27,475
2015 $1,298 $31,575 $3,750 $27,825
2014 $1,298 $31,575 $3,750 $27,825
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Larry Strazzella

    EXIT Realty Blues City

    Section Image
  • Mike Singleton

    Buyer's Agent in 2016

    Mike Singleton

    McIver Land & Realty

    (731) 426-3804

    4 in this area

    108 Total Sales

    Mike Singleton
    Section Image

  • T

    Buyer's Agent in 2016

    Tracy Latham

    First Southern Real Estate

See All Agents

Map

Source: Central West Tennessee Association of REALTORS®

MLS Number: 168464

Central West Tennessee Association of REALTORS®

APN: 055N-E-017.00

Tennessee Madison County Jackson 38305 Stanworth

534 Wallace Rd, Jackson, TN

This home is located at 534 Wallace Rd, Jackson, TN 38305 since 15 August 2015 and is currently estimated at $282,803, approximately $92 per square foot. This property was built in 1973. 534 Wallace Rd is a home located in Madison County with nearby schools including Andrew Jackson Elementary School, North Parkway Middle School, and Liberty Technology Magnet High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central West Tennessee Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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