NOT LISTED FOR SALE

5412 Prospect Rd Prospect, TN 38477

Estimated Value: $419,000 - $521,000

3 Beds
2 Baths
1,850 Sq Ft
$252/Sq Ft Est. Value

Last Sold March 12, 2025

Last sale price $450,000 $243 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,536/month

3 Days on Market

Highlights

  • Barn
  • Wooded Lot
  • Wood Flooring
  • Stables
  • Valley View
  • Separate Formal Living Room

About This Home

As of March 2025

This is the farm for all. 22.5 acres with stalls, work barn, "she shed", storage building, and well fenced. Upgrades and renovations too numerous to list. 15 minutes from I-65 and 1 hour to Nashville or Huntsville. 15 minutes to Pulaski and shopping opportunities.

Last Agent to Sell the Property

Michael Osborne

Crye-Leike, Inc., REALTORS Brokerage Phone: 6153975054 License #295626 Listed on: 02/13/2025

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Eric Taylor

Amanda Howard Sothebys International Realty License #360916

Amanda Howard Sothebys International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $852

Year Built

  • Built in 1900

Lot Details

  • 22.5 Acre Lot
  • Property is Fully Fenced
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Wooded Lot

Home Design

  • Rustic Architecture
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,850 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Entrance Foyer
  • Great Room with Fireplace
  • Separate Formal Living Room
  • Interior Storage Closet
  • Washer and Electric Dryer Hookup
  • Valley Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Built-In Electric Oven
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Elkton Elementary
  • Giles Co High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Barn
  • Stables

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 144 03000 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$852

Year Built

Built in 1900

Lot Details

22.5 Acres

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Rustic
  • Year Built: 1900
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: RENOV
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Ceiling Fan(s), Entry Foyer, Extra Closets, Pantry, Redecorated, Storage, High Speed Internet
  • Appliances: Built-In Electric Oven, Cooktop, Dishwasher, Microwave
  • Fireplace Features: Great Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Wood, Laminate
  • Total Bedrooms: 3
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 1850
  • Building Area Units: Square Feet
  • Living Area: 1850
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Barn(s), Stable, Storage
  • Construction Type: Vinyl Siding
  • Fencing: Full
  • Patio And Porch Features: Porch, Covered, Patio
  • Pool Private: No
  • Roof: Metal
  • View: Valley
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Covered Parking Spaces: 2
  • Garage Yn: No
  • Parking Features: Attached
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Private
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Propane
  • Heating Yn: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Security: Smoke Detector(s)
  • Utilities: Electricity Available, Water Available, Cable Connected

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Cleared, Rolling Slope, Views, Wooded
  • Lot Size Acres: 22.5
  • Lot Size Units: Acres
  • Parcel #: 144 03000 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 852

MLS Schools

  • Elementary School: Elkton Elementary
  • High School: Giles Co High School
  • Middle Or Junior School: Elkton Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2018
Closed on
Apr 19, 2019
Sold by
Costley William Wayne and Costley Christa
Bought by
Wells Bobby K and Wells Vicki A
Seller's Agent
Betsa Bolden
Crye-Leike, Inc., REALTORS
Buyer's Agent
Brad Copeland
Compass
List Price
$525,000
Sold Price
$185,000
Premium/Discount to List
-$340,000
-64.76%
Current Estimated Value
$466,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,572
Avg. Annual Appreciation
14.30%
Original Mortgage
$175,750
Outstanding Balance
$153,236
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$313,336

Purchase Details

Closed on
May 14, 1979
Bought by
Costley Wm Wayne and Costley Christa
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Wells Bobby K $185,000 Giles T&E Svcs Llc
Costley Wm Wayne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wells Bobby K $175,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/12/2025 03/12/25 Sold $450,000 0.0% $243 / Sq Ft
02/16/2025 02/16/25 Pending -- -- --
02/13/2025 02/13/25 For Sale $450,000 -14.3% $243 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $525,000 +183.8% $363 / Sq Ft
04/22/2019 04/22/19 Sold $185,000 -- $128 / Sq Ft View Prior Sale
Source: Realtracs

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
2025 $988 $42,875 $9,975 $32,900
2024 $852 $42,875 $9,975 $32,900
2023 $852 $42,875 $9,975 $32,900
2022 $852 $42,875 $9,975 $32,900
2021 $924 $32,725 $5,725 $27,000
2020 $924 $32,725 $5,725 $27,000
2019 $627 $32,725 $5,725 $27,000
2018 $627 $22,200 $5,725 $16,475
2017 $627 $22,200 $5,725 $16,475
2016 $579 $19,475 $5,025 $14,450
2015 $540 $19,475 $5,025 $14,450
2014 $542 $19,571 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2791216

Realtracs

APN: 144-030.00

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