$122,500
SOLD AUG 20, 2025

55 Lancaster Ln Parsons, TN 38363

2 Beds
1 Bath
1,118 Sq Ft
1973 Built

Recently Sold

$110 Per Sq Ft

12% Below List Price

10 Days on Market

Highlights

  • Traditional Architecture
  • Front Porch
  • Living Room
  • Main Floor Bedroom
  • Window Unit Cooling System
  • 1-Story Property

About This Home

As of August 2025

Cozy 2 bed, 1 bath home in the heart of Parsons, TN! Just 10 minutes from the beautiful Tennessee River and close to shops, restaurants, and schools. Perfect as a first home, weekend retreat, or for downsizing. Don't miss this great opportunity!

Last Agent to Sell the Property

Sommer Crosby

Clear Choice Realty License #354616 Listed on: 07/11/2025

Co-Listed By

Ginger Teague

Clear Choice Realty License #362309

Last Buyer's Agent

Shelby Robertson

Nest Realty License #368160

Nest Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $458

Year Built

  • Built in 1973

Lot Details

  • Lot Dimensions are 100x152
  • Level Lot

Home Design

  • Traditional Architecture
  • Metal Roof
  • Vinyl Siding
  • Stone

Interior Spaces

  • 1,118 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Microwave

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Gravel Driveway

Outdoor Features

  • Front Porch

Utilities

  • Window Unit Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 053A A 023.02

Home Details

Home Type

Single Family

Est. Annual Taxes

$458

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Year Built: 1973
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLotFeatures: Level
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: 190844
  • Co List Office Phone: 731-847-2817
  • Co List Office Phone: 731-847-2817
  • MLS Status: Closed
  • Subdivision Name: None
  • Architectural Style: Traditional
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal:Tax Annual Amount: 457.85
  • Location Tax and Legal Parcel Number2: 053A A 023.02
  • General Property Information Accessibility Features YN2: No
  • General Property Information Lot Size Dimensions: 100X152
  • General Property Information New Construction YN: No
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • Currently Not Used Cooling YN: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Levels:One: Yes
  • Main Room Levels Main Level Bathrooms: 1
  • Main Room Levels Main Level Bedrooms: 2
  • Sewer:Public Sewer: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Water Connected: Yes
  • Water Source:Public: Yes
  • Room Types Living Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Bedroom Level: Main
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: Main
  • Utilities:Natural Gas Connected: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • General Property Information Home Warranty YN: No
  • Roof:Metal2: Yes
  • Cooling:Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2

Exterior Features

  • Roof: Metal
  • View: No
  • Waterfront: No
  • Construction Type: Stone, Vinyl Siding
  • Patio And Porch Features: Front Porch
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Lot Features:Level: Yes
  • Construction Materials:Stone: Yes

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: Concrete, Gravel
  • Total Parking Spaces: 2.0
  • General Property Information:Garage YN: No
  • General Property Information:Parking Total: 2.0
  • Parking Features:Concrete4: Yes
  • Parking Features:Gravel: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public

Lot Info

  • Parcel Number: 053A A 023.02
  • Lot Dimensions: 100X152

Tax Info

  • Tax Annual Amount: 457.85

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2025
Closed on
Aug 20, 2025
Sold by
New William River & Taylor Rae
Bought by
Wilkinson Stephanie Gail and Wilkinson Brittany Nicole
Seller's Agent
Sommer Crosby
Clear Choice Realty
Buyer's Agent
Shelby Robertson
Nest Realty
List Price
$139,000
Sold Price
$122,500
Premium/Discount to List
-$16,500
-11.87%
Views
14
Current Estimated Value
$123,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$596
Avg. Annual Appreciation
1.16%
Original Mortgage
$120,280
Outstanding Balance
$120,176
Interest Rate
6.72%
Mortgage Type
FHA
Estimated Equity
$2,920

Purchase Details

Listed on
Nov 7, 2022
Closed on
Aug 31, 2023
Sold by
Crittendon James
Bought by
New William River and Magruder Taylor Rae
Seller's Agent
Jennifer Harris
RE/MAX Unlimited
Buyer's Agent
Ginger Teague
Clear Choice Realty
List Price
$99,900
Sold Price
$99,000
Premium/Discount to List
-$900
-0.9%
Views
604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.42%
Original Mortgage
$100,000
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2013
Sold by
Citifinancial Svcs Inc
Bought by
Crittendon James E

Purchase Details

Closed on
Sep 24, 2013
Bought by
Citi Financial Services In C

Purchase Details

Closed on
May 19, 1997
Sold by
Walker Terry
Bought by
Walker Terry

Purchase Details

Closed on
Apr 26, 1977
Bought by
Essary David M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $122,500 None Listed On Document
Warranty Deed $99,000 None Listed On Document
Special Warranty Deed $10,199 --
Deed -- --
Deed $37,264 --
Deed $40,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $120,280 FHA
Previous Owner $100,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/20/2025 08/20/25 Sold $122,500 -11.9% $110 / Sq Ft
07/21/2025 07/21/25 Pending -- -- --
07/11/2025 07/11/25 For Sale $139,000 +40.4% $124 / Sq Ft
08/31/2023 08/31/23 Sold $99,000 -0.9% $89 / Sq Ft View Prior Sale
07/31/2023 07/31/23 Pending -- -- --
07/17/2023 07/17/23 For Sale $99,900 0.0% $89 / Sq Ft
07/05/2023 07/05/23 Pending -- -- --
02/01/2023 02/01/23 Price Changed $99,900 -4.8% $89 / Sq Ft
11/07/2022 11/07/22 For Sale $104,900 -- $94 / Sq Ft
Source: Central West Tennessee 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
2025 -- $32,600 $0 $0
2024 -- $14,175 $1,450 $12,725
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central West Tennessee Association of REALTORS®

MLS Number: 2503218

Central West Tennessee Association of REALTORS®

APN: 053A-A-023.02