NOT LISTED FOR SALE

550 Kelley Rd Prospect, TN 38477

Estimated Value: $329,000 - $532,000

3 Beds
2 Baths
2,156 Sq Ft
$200/Sq Ft Est. Value

Last Sold June 17, 2019

Last sale price $290,000 $135 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,579/month

5 Days on Market

Highlights

  • Barn
  • Deck
  • Cooling Available
  • 25.86 Acre Lot
  • Covered Patio or Porch
  • Outdoor Storage

About This Home

As of June 2019

Absolutely stunning horse farm just minutes off of HWY 65. This farm has it all, rolling hills, flat terrain for riding arenas, gorgeous views of the Tennessee Hills! This property is ready to go for the horse enthusiast with a 4 stall barn with large tack room, fenced and cross fenced, stud pasture, arena, round pen and a large dressage arena. This property includes many out buildings such as a chicken coop, shed, carport for equipment and dog kennel. House is in great condition, move in ready!

Last Agent to Sell the Property

Nora Chalifoux

McEwen Group License #348479 Listed on: 04/08/2019

Last Buyer's Agent

Bo Ingram

Bass & Ingram Realty License # 313486

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,109

Year Built

  • Built in 1985

Lot Details

  • 25.86 Acre Lot
  • Partially Fenced Property

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,156 Sq Ft Home
  • Property has 1 Level
  • Combination Dining and Living Room
  • Dishwasher
  • Finished Basement

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Elkton Elementary
  • Giles Co High School

Farming

  • Barn

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 028163 05301 00002163

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,109

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1985
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Refrigerator, Dishwasher
  • Fireplace: No
  • Flooring: Carpet, Laminate
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Has Basement: Finished
  • Above Grade Finished Sq Ft: 2156
  • Building Area Units: Square Feet
  • Living Area: 2156
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Barn(s), Storage
  • Construction Type: Frame, Vinyl Siding
  • Fencing: Partial
  • Patio And Porch Features: Deck, Covered Porch
  • Pool Private: No
  • View: No
  • 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: Well
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Size Acres: 25.86
  • Lot Size Units: Acres
  • Parcel #: 028163 05301 00002163
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1109

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
Apr 8, 2019
Closed on
May 21, 2019
Sold by
Bush James Michael and Bush Antoinete R
Bought by
Johnson Zachery H and Johnson Natalie
Seller's Agent
Nora Chalifoux
McEwen Group
Buyer's Agent
Bo Ingram
Bass & Ingram Realty
List Price
$298,000
Sold Price
$290,000
Premium/Discount to List
-$8,000
-2.68%
Current Estimated Value
$453,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,598
Avg. Annual Appreciation
6.95%
Original Mortgage
$292,929
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 1994
Bought by
Bush James Michael and Bush Ann

Purchase Details

Closed on
Mar 2, 1990
Bought by
Alsup Brice R and Hassie Marie

Purchase Details

Closed on
Oct 22, 1980
Bought by
Alsup Brice R and Hassie Marie
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
Johnson Zachery H $290,000 Giles T&E Svcs Llc
Bush James Michael $134,000 --
Alsup Brice R -- --
Alsup Brice R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Zachery H $297,424
Closed Johnson Zachery H $292,929
Previous Owner Bush James Michael $75,000
Previous Owner Bush James M $75,000
Previous Owner Bush James Michael $39,000
Previous Owner Bush James M $27,000
Previous Owner Antoinette Bush $122,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2019 06/17/19 Sold $290,000 -2.7% $135 / Sq Ft
04/13/2019 04/13/19 Pending -- -- --
04/08/2019 04/08/19 For Sale $298,000 -- $138 / 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 $1,283 $64,600 $12,825 $51,775
2023 $1,283 $64,600 $12,825 $51,775
2022 $1,283 $64,600 $12,825 $51,775
2021 $1,320 $46,725 $8,575 $38,150
2020 $1,320 $46,725 $8,575 $38,150
2019 $1,109 $46,725 $8,575 $38,150
2018 $1,109 $39,275 $8,575 $30,700
2017 $1,109 $39,275 $8,575 $30,700
2016 $1,082 $36,425 $7,550 $28,875
2015 $935 $33,725 $7,550 $26,175
2014 $935 $33,724 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2022678

Realtracs

APN: 163-053.01