NOT LISTED FOR SALE

5481 Middle Cypress Rd Iron City, TN 38463

Estimated Value: $62,243 - $147,000

2 Beds
1 Bath
1,080 Sq Ft
$99/Sq Ft Est. Value

Last Sold July 15, 2020

Last sale price $30,000 $28 Per Sq Ft

Est. 332% increase in value since last sale

Current estimated payment $731/month

195 Days on Market

Highlights

  • Covered patio or porch
  • Ceiling Fan
  • Heating Available
  • Cooling Available
  • Carpet
  • Property has 1 Level

About This Home

As of July 2020

Great starter home or rental rental property with 2 acres for sale at 5481 & 5479 Middle Cypress Rd. Iron City, Tn in Wayne County, Tn. This 2 bed 1 bath home with 1080 sq ft built in 1943 has metal roof, eat in kitchen, living room, bonus and hobby room, 200 amp breaker box, well water, 2 septic tanks, car cover, storage building and a storm shelter. Nice yard with shade trees. Home needs some work as indicated by the asking price of $35,000. Home is being sold as is . Call for appointment.

Last Agent to Sell the Property

Tommy Johnson

Southern Tennessee Realty License # 322763 Listed on: 10/21/2019

Last Buyer's Agent

Tommy Johnson

Southern Tennessee Realty License # 322763 Listed on: 10/21/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $195

Year Built

  • Built in 1943

Lot Details

  • 1.5

Home Design

  • Metal Roof

Interior Spaces

  • 1,080 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Crawl Space

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • 1 Carport Space
  • Driveway
  • Unpaved Parking

Schools

  • Collinwood Elementary School
  • Collinwood Middle School
  • Collinwood High School

Utilities

  • Cooling Available
  • Heating Available
  • Well
  • Septic Tank

Additional Features

  • Covered patio or porch
  • 1.5 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 206 01000 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$195

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1943
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 1080
  • Building Area Units: Square Feet
  • Living Area: 1080
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Other
  • Patio And Porch Features: Covered Porch
  • Pool Private: No
  • Roof: Metal
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Covered Parking Spaces: 1
  • Garage Yn: No
  • Open Parking Spaces: 1
  • Parking Features: Detached, Driveway, Unpaved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Unit(s)
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time
  • Senior Community: No

Lot Info

  • Lot Size Acres: 1.5
  • Lot Size Units: Acres
  • Parcel #: 206 01000 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 195

MLS Schools

  • Elementary School: Collinwood Elementary
  • High School: Collinwood High School
  • Middle Or Junior School: Collinwood Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2023
Sold by
Schouest James
Bought by
St Pierre Gerard
Current Estimated Value
$129,493

Purchase Details

Listed on
Oct 21, 2019
Closed on
Jul 15, 2020
Sold by
Strait Willie and Strait Warren
Bought by
Schouest James
Seller's Agent
Tommy Johnson
Southern Tennessee Realty
Buyer's Agent
Tommy Johnson
Southern Tennessee Realty
List Price
$35,000
Sold Price
$30,000
Premium/Discount to List
-$5,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.23%

Purchase Details

Closed on
Oct 12, 2011
Sold by
Wayne County Bank
Bought by
Todd Bessie Strait and Strait Alford C

Purchase Details

Closed on
Jul 23, 1999
Sold by
Bessie Strait
Bought by
Alford Strait

Purchase Details

Closed on
Jan 3, 1970
Bought by
Strait Bessie

Purchase Details

Closed on
Jan 2, 1900
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
St Pierre Gerard $32,000 None Listed On Document
Schouest James $30,000 None Available
Todd Bessie Strait $4,000 --
Alford Strait $8,000 --
Strait Bessie -- --
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2020 07/15/20 Sold $30,000 -14.3% $28 / Sq Ft
05/03/2020 05/03/20 Pending -- -- --
10/21/2019 10/21/19 For Sale $35,000 -- $32 / 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 $258 $11,925 $1,725 $10,200
2023 $229 $11,925 $1,725 $10,200
2022 $229 $11,925 $1,725 $10,200
2021 $168 $11,925 $1,725 $10,200
2020 $168 $7,325 $1,700 $5,625
2019 $168 $7,325 $1,700 $5,625
2018 $168 $7,325 $1,700 $5,625
2017 $168 $7,325 $1,700 $5,625
2016 $150 $7,325 $1,700 $5,625
2014 $127 $6,135 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tommy Johnson

    Seller's Agent in 2020

    Tommy Johnson

    Southern Tennessee Realty

    (931) 722-4840

    101 Total Sales

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Map

Source: Realtracs

MLS Number: 2092719

Realtracs

APN: 206-010.00

Tennessee Wayne County Iron City 38463

5481 Middle Cypress Rd, Iron City, TN

This home is located at 5481 Middle Cypress Rd, Iron City, TN 38463 since 21 October 2019 and is currently estimated at $107,061, approximately $99 per square foot. This property was built in 1943. 5481 Middle Cypress Rd is a home located in Wayne County.

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