NOT LISTED FOR SALE

550 Wheeler St Baxter, TN 38544

Baxter Area
5 Beds
4 Baths
980 Sq Ft
0.47 Acre Lot

Sale Details

Date Sold: September 23, 2024

Last sale price $85,000 $87 Per Sq Ft

About This Home

As of September 2024

CALLING ALL INVESTORS! Located within the city limits of Baxter, this unique property offers a rare investment opportunity with a three trailer mobile home park. With a 3 parcel lot, these units are located at the end of a road providing privacy and convenience for residents. Nestled in a quiet, residential area, the property benefits from its proximity to local amenities and schools. This mobile home park is an ideal investment for those seeking a steady income stream in a thriving community.

Last Agent to Sell the Property

Kelly Morgan

The Realty Firm Brokerage Phone: 9315207750 License #324558 Listed on: 06/03/2024

Last Buyer's Agent

Kelly Morgan

The Realty Firm Brokerage Phone: 9315207750 License #324558 Listed on: 06/03/2024

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $584

Year Built

  • Built in 1994

Lot Details

  • 20,576 Sq Ft Lot
  • Lot Dimensions are 144.9 x 142

Home Design

  • 980 Sq Ft Home
  • Mobile Home Park
  • Metal Roof
  • Metal Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Utilities

  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 056N E 012.00

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$584

Year Built

Built in 1994

Lot Details

0.47 Acres

Listing Details

  • Attribution Contact: 9315207750
  • Directions: FROM PCCH: W ON SPRING; CONTINUE ON WHY 70 W TO HWY 56; L ON HWY 56, R ON 1ST AVE; R ON BUFFALO VALLEY; L ON 4TH; R ON OAK; L ON 5TH AVE SOUTH; R ON WHEELER.
  • Prop. Type: Residential Income
  • Year Built: 1994
  • Property Sub Type: Mobile Home Park
  • Lot Size: 144.9 x 142
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Total Bedrooms: 5
  • Living Area: 980
  • Window Features: Single Pane Windows

Exterior Features

  • Roof: Metal
  • Construction Type: Other, Metal Siding

Utilities

  • Electric: Circuit Breakers, UCEMC
  • Sewer: Public Sewer
  • Gas Company: public
  • Laundry Features: Unit 1 Wshr/Dryr Hookup, Unit 2 Wshr/Dryr Hookup, Unit 3 Wshr/Dryr Hookup
  • Water Source: Public, City of Baxter

Condo/Co-op/Association

  • Association: No

Lot Info

  • Farm Land Area Units: Square Feet
  • Parcel #: 056N E 012.00

Multi Family

  • Number Of Units Total: 3
  • Number Of Units Furnished: None
  • Number Of Units Vacant: 2

Tax Info

  • Tax Annual Amount: 584.39
  • Tax Map Number: 056N

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2024
Closed on
Sep 23, 2024
Sold by
Bought by
Seller's Agent
Kelly Morgan
The Realty Firm
Buyer's Agent
Kelly Morgan
The Realty Firm
List Price
$100,000
Sold Price
$85,000
Premium/Discount to List
-$15,000
-15%
Views
68

Purchase Details

Closed on
Jun 20, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,400
Interest Rate
3.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 20, 2007
Bought by

Purchase Details

Closed on
May 3, 2002
Sold by
Bought by

Purchase Details

Closed on
Jul 3, 1969
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$28,333 Integrity Title
$15,000 --
$8,500 --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $36,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/23/2024 09/23/24 Sold $85,000 -15.0% $87 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
06/03/2024 06/03/24 For Sale $100,000 -- $102 / Sq Ft
Source: Upper Cumberland Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 -- $5,475 $3,650 $1,825
2024 -- $5,475 $3,650 $1,825
2023 $146 $5,475 $3,650 $1,825
2022 $135 $5,475 $3,650 $1,825
2021 $250 $5,475 $3,650 $1,825
2020 $236 $7,025 $3,650 $3,375
2019 $236 $5,475 $3,650 $1,825
2018 $225 $5,475 $3,650 $1,825
2017 $225 $5,475 $3,650 $1,825
2016 $225 $5,475 $3,650 $1,825
2015 $238 $5,475 $3,650 $1,825
2014 $253 $5,820 $0 $0
Source: Public Records

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Map

Source: Upper Cumberland Association of REALTORS®

MLS Number: 227759

Upper Cumberland Association of REALTORS®
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