NOT LISTED FOR SALE

54 Horseshoe Bend Ln Elmwood, TN 38560

Estimated Value: $218,000 - $255,065

3 Beds
1 Bath
1,616 Sq Ft
$142/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $220,000 $136 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,274/month

90 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • Cooling System Powered By Gas
  • No HOA
  • Covered Patio or Porch
  • Central Heating

About This Home

As of March 2024

Discover the potential of this charming 3BR/1BA Country home, level lot with mature trees, this property offers the perfect setting for outdoor enjoyment . Additionally, this home includes a detached shop 24x30, wood shed, open detached shed, storm/fruit cellar. This property offers potential for extra storage or creative projects, short drive to boat launching, and less than 10 mins to I-40

Last Agent to Sell the Property

Joyce Kent

CD Poindexter Realty & Auction Brokerage Phone: 6154182244 License #274295 Listed on: 11/24/2023

Last Buyer's Agent

C.D. Poindexter

CD Poindexter Realty & Auction License #238810

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,142

Year Built

  • Built in 1900

Lot Details

  • 0.92 Acre Lot
  • Level Lot

Parking

  • 1 Car Garage

Home Design

  • Cottage
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,616 Sq Ft Home
  • Property has 2 Levels
  • Crawl Space

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Schools

  • Carthage Elementary School
  • Smith County Middle School
  • Smith County High School

Utilities

  • Cooling System Powered By Gas
  • Central Heating
  • Heating System Uses Natural Gas
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 055 05000 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,142

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 1900
  • Unit Levels: Two
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 6154182244
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Finished Wood
  • Total Bedrooms: 3
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 1616
  • Building Area Units: Square Feet
  • Living Area: 1616
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Covered Porch
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Detached
  • Total Parking Spaces: 1

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air, Gas
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.92
  • Lot Size: CAB D SLIDE 403
  • Lot Size Units: Acres
  • Parcel #: 055 05000 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1142

MLS Schools

  • Elementary School: Carthage Elementary
  • High School: Smith County High School
  • Middle Or Junior School: Smith County Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2021
Closed on
Feb 18, 2022
Sold by
Faith Ryan Patricia and Faith Matthew
Bought by
Wade James V
Seller's Agent
Janice Crosetti
Crye-Leike, Inc., REALTORS
Buyer's Agent
Kenneth Karachi
Elam Real Estate
List Price
$170,000
Sold Price
$171,000
Premium/Discount to List
$1,000
0.59%
Current Estimated Value
$229,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,766
Avg. Annual Appreciation
9.91%
Original Mortgage
$165,870
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 16, 2021
Closed on
Feb 15, 2022
Sold by
Faith Wells Patricia and Oliver Matthre
Bought by
Cobb Christian Tanner and Cobb Shayla Morgan
Seller's Agent
Janice Crosetti
Crye-Leike, Inc., REALTORS
Buyer's Agent
Kenneth Karachi
Elam Real Estate
List Price
$170,000
Sold Price
$171,000
Premium/Discount to List
$1,000
0.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,870
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 16, 2021
Closed on
Jan 17, 2022
Sold by
Cobb Christian Tanner and Cobb Shayla Morgan
Bought by
Johnson Robert A and Johnson Susan L
Seller's Agent
Janice Crosetti
Crye-Leike, Inc., REALTORS
Buyer's Agent
Kenneth Karachi
Elam Real Estate
List Price
$170,000
Sold Price
$171,000
Premium/Discount to List
$1,000
0.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,870
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2013
Sold by
Secretary Of Housing And U
Bought by
Wells Patricia Faith

Purchase Details

Closed on
May 12, 2010
Sold by
Hale Scott
Bought by
Secretary Of Housing And Urban and C/O Pyramid Real Estate Svcs

Purchase Details

Closed on
Jun 6, 1996
Sold by
Teat Randall L
Bought by
Scott Hale

Purchase Details

Closed on
Jan 23, 1946
Bought by
Blair Georgie and Mai Nell
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 James V $162,500 Bass & Bass
Cobb Christian Tanner $171,000 New Title Company Name
Johnson Robert A $220,000 None Listed On Document
Wells Patricia Faith $108,621 --
Secretary Of Housing And Urban -- --
Scott Hale $94,000 --
Blair Georgie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cobb Christian Tanner $165,870
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $220,000 -4.1% $136 / Sq Ft
02/22/2024 02/22/24 Pending -- -- --
01/02/2024 01/02/24 Price Changed $229,500 -4.2% $142 / Sq Ft
12/08/2023 12/08/23 Price Changed $239,500 -4.0% $148 / Sq Ft
11/24/2023 11/24/23 For Sale $249,500 +45.9% $154 / Sq Ft
02/15/2022 02/15/22 Sold $171,000 +0.6% $136 / Sq Ft
12/22/2021 12/22/21 Pending -- -- --
12/16/2021 12/16/21 For Sale $170,000 -- $135 / Sq Ft
Source: Realtracs

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 $736 $42,475 $3,300 $39,175
2023 $736 $42,475 $0 $0
2022 $1,142 $65,875 $38,550 $27,325
2021 $1,105 $44,575 $28,300 $16,275
2020 $1,217 $44,575 $28,300 $16,275
2019 $1,217 $44,575 $28,300 $16,275
2018 $970 $45,325 $28,300 $17,025
2017 $970 $45,325 $28,300 $17,025
2016 $859 $37,025 $21,250 $15,775
2015 $859 $37,025 $21,250 $15,775
2014 $859 $37,025 $21,250 $15,775
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2596078

Realtracs

APN: 055-050.00