550 Layman Cir Decatur, TN 37322
Estimated Value: $578,000 - $826,000
3
Beds
2.5
Baths
2,478
Sq Ft
$274/Sq Ft
Est. Value
Highlights
- Lake Front
- Wood Flooring
- Covered patio or porch
- Above Ground Pool
- No HOA
- 2 Car Attached Garage
About This Home
As of July 2022River front home sitting on 1.60 acres with 304 ft of river frontage and a Million Dollar View!! This immaculately presented home is set amongst beautifully landscaped grounds. This house screams 'designer' and will reflect the personality and taste of those accustomed to the best in quality design, finishes and lifestyle. The open concept floor plan encompasses a substantial living room featuring a built-in wall fireplace, and a door that will lead you out to the screened in back porch, a sleek and stylish kitchen with an island, a rec room / 2nd living room, laundry room, three spacious bedrooms, 2 full bathrooms, a 1/2 bath, and an attached 2 car garage. Hardwood floors flow throughout upstairs with tile in bathrooms and laundry room and tile floors downstairs. The master bedroom complete with a walk-in closet and ensuite, ensures you have a private retreat. The master bedroom offers its own sitting room surrounded by glass where you can enjoy the million-dollar river view and astonishing sunsets. The 2 guest bedrooms come complete with river views, one of which has a walk out door to the downstairs patio, the downstairs also features a rec room / 2nd living room that walks out to a large patio area and a full bath. Take a stroll down to the river to the 304 feet of river frontage with year round water and a fire pit to sit around and enjoy also steps leading into the water. You will also find a detached workshop complete with a kitchen area for cleaning your fish or gardening ect., a barn with storage, a basketball court area, a hot tub and a swimming pool. All of this on a nice level 1.6 acres of riverfront property. Come take a look at the absolutely stunning home and enjoy the calmness of the river breeze and the amazing river views! For a virtual tour of the home follow the link https://my.matterport.com/show/?m=6RZoQnC9qsx&mls=1
Last Listed By
East Tennessee Properties LLC Brokerage Phone: 4234621027 License #305880 Listed on: 04/28/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,712
Year Built
- Built in 2007
Lot Details
- 1.6 Acre Lot
- Lot Dimensions are 306.8x233
- Lake Front
- Level Lot
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Brick Exterior Construction
- Vinyl Siding
Interior Spaces
- 2,478 Sq Ft Home
- Property has 3 Levels
- Central Vacuum
- Electric Fireplace
- Living Room with Fireplace
- Water Views
- Fire and Smoke Detector
- Finished Basement
Kitchen
- Microwave
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
Outdoor Features
- Above Ground Pool
- Covered Deck
- Covered patio or porch
Schools
- Meigs North Elementary School
- Meigs Middle School
- Meigs County High School
Utilities
- Cooling Available
- Central Heating
- Septic Tank
Community Details
- No Home Owners Association
- Layman Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 28, 2022
Closed on
Jul 8, 2022
Sold by
Brooke Kilpatrick Tequila and Blake Edmond
Bought by
Sherrill Cordell A and Sherrill Brooke Jean
Seller's Agent
Ozzie Webb
East Tennessee Properties LLC
List Price
$659,900
Sold Price
$659,900
Total Days on Market
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,835
Avg. Annual Appreciation
1.03%
Original Mortgage
$425,000
Outstanding Balance
$407,282
Interest Rate
5.1%
Mortgage Type
VA
Estimated Equity
$272,453
Purchase Details
Closed on
May 22, 2003
Sold by
Dixon James W
Bought by
Dixon Stephen E
Purchase Details
Closed on
Aug 13, 1993
Bought by
Dixon James W and Dixon Joy F
Purchase Details
Closed on
Jul 15, 1978
Bought by
Scott William and Scott Dortha M
Purchase Details
Closed on
Sep 21, 1974
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sherrill Cordell A | $659,900 | None Listed On Document | |
| Sherrill Cordell A | $659,900 | None Listed On Document | |
| Dixon Stephen E | $75,000 | -- | |
| Dixon Stephen E | $75,000 | -- | |
| Dixon James W | $20,000 | -- | |
| Dixon James W | $20,000 | -- | |
| Scott William | -- | -- | |
| Scott William | -- | -- | |
| -- | -- | -- | |
| -- | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sherrill Cordell A | $425,000 | |
| Closed | Sherrill Cordell A | $425,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/08/2022 07/08/22 | Sold | $659,900 | 0.0% | $266 / Sq Ft |
| 05/01/2022 05/01/22 | Pending | -- | -- | -- |
| 04/28/2022 04/28/22 | For Sale | $659,900 | -- | $266 / Sq Ft |
Source: Realtracs
Tax History Compared to Growth
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 | $1,823 | $107,950 | $18,750 | $89,200 |
| 2023 | $1,823 | $107,950 | $18,750 | $89,200 |
| 2022 | $1,823 | $107,950 | $18,750 | $89,200 |
| 2021 | $1,330 | $78,750 | $18,750 | $60,000 |
| 2020 | $1,282 | $78,750 | $18,750 | $60,000 |
| 2019 | $1,282 | $64,725 | $15,000 | $49,725 |
| 2018 | $1,282 | $64,725 | $15,000 | $49,725 |
| 2017 | $1,282 | $64,725 | $15,000 | $49,725 |
| 2016 | $1,282 | $64,725 | $15,000 | $49,725 |
| 2015 | $1,212 | $64,725 | $15,000 | $49,725 |
| 2014 | $1,142 | $61,000 | $8,125 | $52,875 |
Source: Public Records
Agents Affiliated with this Home
-
Ozzie Webb
Seller's Agent in 2022
Ozzie Webb
East Tennessee Properties LLC
(423) 745-6161
193 Total Sales
Map
Source: Realtracs
MLS Number: 2523709
APN: 027F-A-010.00
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