NOT LISTED FOR SALE

548 Hutchens Rd Martin, TN 38237

Estimated Value: $146,000 - $182,000

-- Bed
3 Baths
1,998 Sq Ft
$78/Sq Ft Est. Value

Last Sold July 25, 2024

Last sale price $145,000 $73 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $910/month

13 Days on Market

Highlights

  • Brick or Stone Mason
  • Central Heating
  • Carpet
  • Landscaped with Trees
  • Level Lot
  • 1-Story Property

About This Home

As of July 2024

This is an income-producing duplex. Both sides currently rented. Property is in a great location in the county, yet close to town. Buyer is responsible for checking square footage and acreage. Listing agency is not responsible for inaccuracies.

Last Agent to Sell the Property

David Sudberry

TENNESSEE UNITED REAL ESTATE, LLC Brokerage Phone: 731-588-4100 Listed on: 06/07/2024

TENNESSEE UNITED REAL ESTATE, LLC

Last Buyer's Agent

David Sudberry

TENNESSEE UNITED REAL ESTATE, LLC Brokerage Phone: 731-588-4100 Listed on: 06/07/2024

TENNESSEE UNITED REAL ESTATE, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $659

Year Built

  • Built in 1976

Lot Details

  • 0.5 Acre Lot
  • Level Lot
  • Landscaped with Trees

Parking

  • 6 Open Parking Spaces

Home Design

  • Duplex
  • Brick or Stone Mason
  • Composition Roof

Interior Spaces

  • 1,998 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Flooring

  • Carpet
  • Vinyl

Utilities

  • Central Heating
  • Air Source Heat Pump
  • Septic Tank

Additional Features

  • Utility Building
  • Outside City Limits

Community Details

  • Gross Income $12,600

Listing and Financial Details

  • Rent includes lawn service
  • Assessor Parcel Number 031.10

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$659

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Exclusions: No
  • Year Built: 1976
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • LotFeatures: Level Lot, Trees
  • Lot Size Acres: 0.5
  • Road Surface Type: Paved
  • Total Gross Income: 12600
  • Attribution Contact: MAIN: 731-588-4100
  • Co List Office Phone: 731-588-4100
  • MLS Status: Sold
  • Architectural Style: One/Four
  • ResoBuildingAreaSource: Tax Record
  • Fireplace Features: None
  • Window Features: Standard No Storm
  • Sign YN: Yes
  • RealEstateOwnedYN: No
  • HeatedSquareFootage: 1998
  • TotalSquareFootage: 2094
  • UtilitiesPaidBy: All By Tenant
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Stories: 1

Exterior Features

  • Roof: Comp/Asphalt
  • Construction Type: Brick
  • Foundation Details: No Basement, Crawl Space
  • Other Structures: Utility Building(s)

Garage/Parking

  • Open Parking Spaces: 6

Utilities

  • Sewer: Septic Tank
  • Cooling: Heat Pump
  • Heating: Central Electric
  • Water Source: City

Condo/Co-op/Association

  • HOA Rent Includes: Lawn Service

Schools

  • Junior High Dist: Martin

Lot Info

  • Parcel Number: 031.10
  • LotLocation: Out of City Limits

Rental Info

  • Lease Term: 12 Months

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Map Number: 052

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Jul 25, 2024
Sold by
Persinger Houston
Bought by
Biggers Jessie L
Seller's Agent
David Sudberry
TENNESSEE UNITED REAL ESTATE, LLC
Buyer's Agent
David Sudberry
TENNESSEE UNITED REAL ESTATE, LLC
List Price
$154,000
Sold Price
$145,000
Premium/Discount to List
-$9,000
-5.84%
Views
14
Current Estimated Value
$156,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,071
Avg. Annual Appreciation
7.33%
Original Mortgage
$108,750
Outstanding Balance
$107,035
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$49,036

Purchase Details

Listed on
Mar 15, 2022
Closed on
Apr 27, 2022
Sold by
Tuippo Timothy J
Bought by
Persinger Houston
Seller's Agent
Shelia Bell
TENNESSEE UNITED REAL ESTATE, LLC
Buyer's Agent
David Sudberry
TENNESSEE UNITED REAL ESTATE, LLC
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%
Original Mortgage
$100,000
Interest Rate
4.38%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 29, 2011
Sold by
Freeman William H
Bought by
Snyder Gary Kent and Snyder Linda C

Purchase Details

Closed on
Jun 27, 2008
Sold by
Freeman Rachel A
Bought by
Freeman William H
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
Biggers Jessie L $145,000 None Listed On Document
Biggers Jessie L $145,000 None Listed On Document
Persinger Houston $125,000 W Aaron Fortner Pllc
Snyder Gary Kent $73,000 --
Freeman William H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Biggers Jessie L $108,750
Closed Biggers Jessie L $108,750
Previous Owner Persinger Houston $100,000
Previous Owner Freeman William H $69,000
Previous Owner Freeman William H $72,167
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2024 07/25/24 Sold $145,000 -5.8% $73 / Sq Ft
06/07/2024 06/07/24 For Sale $154,000 +23.2% $77 / Sq Ft
04/29/2022 04/29/22 Sold $125,000 0.0% $63 / Sq Ft
03/15/2022 03/15/22 For Sale $125,000 -- $63 / Sq Ft
Source: Reelfoot Regional 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 $659 $48,120 $5,080 $43,040
2023 $659 $48,120 $5,080 $43,040
2022 $666 $33,760 $4,800 $28,960
2021 $666 $33,760 $4,800 $28,960
2020 $666 $33,760 $4,800 $28,960
2019 $666 $33,760 $4,800 $28,960
2018 $666 $33,760 $4,800 $28,960
2017 $747 $35,080 $4,160 $30,920
2016 $747 $35,080 $0 $0
2015 $748 $35,098 $0 $0
2014 $748 $35,098 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Sudberry

    Seller's Agent in 2024

    David Sudberry

    RE/MAX

    (731) 819-0857

    50 Total Sales

    Section Image
  • Shelia Bell

    Seller's Agent in 2022

    Shelia Bell

    RE/MAX

    (731) 225-9181

    136 Total Sales

    Section Image
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Map

Source: Reelfoot Regional Association of REALTORS®

MLS Number: RRA44892

Reelfoot Regional Association of REALTORS®

APN: 052-031.10

Tennessee Weakley County Martin 38237

548 Hutchens Rd, Martin, TN

This home is located at 548 Hutchens Rd, Martin, TN 38237 since 07 June 2024 and is currently estimated at $156,071, approximately $78 per square foot. This property was built in 1976. 548 Hutchens Rd is a home located in Weakley County with nearby schools including Unity Christian 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.

Reelfoot Regional 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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