NOT LISTED FOR SALE

539 Lacey Branch Ln Gainesboro, TN 38562

Estimated Value: $352,000 - $961,000

3 Beds
2 Baths
1,698 Sq Ft
$378/Sq Ft Est. Value

Last Sold September 20, 2022

Last sale price $760,000 $448 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $3,575/month

Highlights

  • Horse Property
  • 85.02 Acre Lot
  • No HOA
  • Home fronts a creek
  • 1 Fireplace
  • 2 Car Attached Garage

About This Home

As of September 2022

One mile off of Flynns Creek Road while meandering along Lacey Branch and opening up to a beautiful meadow, at almost the very back of this 85 acre tract rests this incredible TN Log Cabin home nestled in between the majestic hills of Jackson County. This 2012 built Honest Abe home is suited for any TN magazine while surrounded by Appalachian Majesty. This tract is large enough to invite the family and offer additional building sites to share. With acceptable offer this Log Home will stay fully furnished helping you to be ready to move in and stay the very first night. The wood burning fire place is always a log cabin must with select stone taken from the property to help create its natural beauty. Make use of this amazing property by exploring the opportunity to invest in your future. Add small cabins across the meadow & open your own B&B Oasis. Walk the property lines that hug portion of the ridge tops that surround this amazing tract and you will be amazed at all of its beauty.

Last Agent to Sell the Property

Wayne Howell

Exit Rocky Top Realty-CK2 Brokerage Phone: 9315207733 License #315719 Listed on: 08/11/2022

Last Buyer's Agent

Wayne Howell

Exit Rocky Top Realty-CK2

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,630

Year Built

  • Built in 2012

Lot Details

  • 85.02 Acre Lot
  • Home fronts a creek

Parking

  • 2 Car Attached Garage

Home Design

  • Metal Roof
  • Log Siding
  • Stone

Interior Spaces

  • 1,698 Sq Ft Home
  • 1 Fireplace
  • Crawl Space
  • Laundry on main level

Kitchen

  • Gas Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Horse Property

Utilities

  • Central Air
  • Heating System Uses Propane
  • Heat Pump System
  • Propane
  • Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 046.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,630

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Attribution Contact: 9315207733
  • Directions: From JCCH take HWY 56 South approx 12 miles, take a right on to Flynns Creek Rd. Continue approx 4 miles. Lacey Branch rd will come after Cub Hollow Rd on the Right. Lacey Branch Rd is a one mile dirt road. Coming from Putnam County via 56 N. Take a left on to Flynns Creek Rd just past the K&K market. Travel Flynns Creek Rd approx 4 miles just past Cub Hollow road, Lacey Branch Rd will be on the right. Follow dirt road approx one mile to log home.
  • Prop. Type: Residential
  • Year Built: 2012
  • Property Sub Type: Site Built
  • Horses: Yes
  • Lot Size Acres: 85.02
  • Lot Size: 85.02
  • Subdivision Name: Other
  • Carport Y N: No
  • Garage Yn: Yes
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Gas Oven, Refrigerator
  • Has Basement: Crawl Space
  • Flooring: Hardwood
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1698
  • Room Bedroom3 Area: 154
  • Room Bedroom2 Area: 154
  • Master Bedroom Master Bedroom Width: 18
  • Room Master Bedroom Area: 234
  • Room Living Room Area: 272
  • Room Kitchen Area: 100
  • Room Dining Room Area: 204

Exterior Features

  • Roof: Metal
  • Lot Features: Horse Property
  • Waterfront Features: Creek
  • Home Warranty: No
  • Construction Type: Log, Stone

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Electric: UCEMC
  • Heating: Propane, Heat Pump
  • Sewer: Septic Tank
  • Gas Company: Tank Rented, Propane
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Propane
  • Water Source: Public, Utility

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 3703471.2
  • Farm Land Area Units: Square Feet
  • Parcel #: 046.00
  • Irrigation Water Rights: No

Tax Info

  • Tax Annual Amount: 1629.75
  • Tax Book Number: 56
  • Tax Map Number: 076

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2022
Closed on
Sep 19, 2022
Sold by
Bourbon Street Amusements Inc
Bought by
Brown George David and Landaal Sara Lynn
Seller's Agent
Wayne Howell
Exit Rocky Top Realty-CK2
Buyer's Agent
Wayne Howell
Exit Rocky Top Realty-CK2
Sold Price
$760,000
Current Estimated Value
$641,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$118,465
Avg. Annual Appreciation
-5.78%
Original Mortgage
$380,000
Outstanding Balance
$365,986
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$270,160

Purchase Details

Closed on
Mar 13, 2009
Sold by
Copeland Steve
Bought by
Bourbon Street Amusements Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
5.13%

Purchase Details

Closed on
Nov 30, 2007
Sold by
Vernon Locke
Bought by
Steve Copeland
Source: Public Records

Range of Values:

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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
Brown George David $760,000 Ledbetter Title
Bourbon Street Amusements Inc $150,000 --
Steve Copeland $148,785 --
Cindy Tate -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown George David $380,000
Previous Owner Bourbon Street Amusements Inc $231,000
Previous Owner Bourbon Street Amusements Inc $195,039
Previous Owner Cindy Tate $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2022 09/20/22 Sold $760,000 0.0% $448 / Sq Ft
01/01/1970 01/01/70 Off Market $760,000 -- --
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 $1,880 $73,725 $25,900 $47,825
2023 $1,880 $73,725 $25,900 $47,825
2022 $1,630 $72,475 $25,900 $46,575
2021 $1,630 $72,475 $25,900 $46,575
2020 $1,700 $72,475 $25,900 $46,575
2019 $1,653 $59,250 $21,775 $37,475
2018 $1,653 $59,250 $21,775 $37,475
2017 $1,653 $59,250 $21,775 $37,475
2016 $1,654 $59,250 $21,775 $37,475
2015 $1,689 $59,250 $21,775 $37,475
2014 -- $59,600 $20,000 $39,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Cumberland Association of REALTORS®

MLS Number: 214472

Upper Cumberland Association of REALTORS®

APN: 076-046.00