NOT LISTED FOR SALE

5508 Brights Pike Russellville, TN 37860

Estimated Value: $336,000 - $367,316

3 Beds
2.5 Baths
1,512 Sq Ft
$235/Sq Ft Est. Value

Last Sold April 03, 2020

Last sale price $179,900 $119 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $1,945/month

71 Days on Market

Highlights

  • Ranch Style House
  • Corner Lot
  • No HOA
  • Wood Flooring
  • Solid Surface Countertops
  • Covered Patio or Porch

About This Home

As of April 2020

Full brick home with 1.5 acres located in east hamblen county. This home has some updates and has been well maintained. It does have granite counter tops in the kitchen and baths. The roof is only a few years old. The rooms are large and it has a screened in porch. Ideal for one level living. It has road frontage on Cedar Creek Rd. and Brights Bike. Main level garage and in the basement.

Last Agent to Sell the Property

Nancy Adams

RE/MAX Real Estate Ten East Listed on: 12/04/2019

Last Buyer's Agent

Mary Emmett

Crye-Leike Rogersville Realty Group License #343663

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $911

Year Built

  • Built in 1965

Lot Details

  • 1.5 Acre Lot
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Parking Accessed On Kitchen Level

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,512 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Window Treatments
  • Living Room with Fireplace
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Range
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch

Schools

  • Russellville Elementary School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 21/22

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$911

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Carport Y N: No
  • Year Built: 1965
  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 1.5
  • Lot Size: 1329/458/1331/784
  • Subdivision Name: None
  • Directions: Turn onto Cedar Creek Road from East Andrew Johnson Hwy. at the red light near Mahle. Follow to the stop sign. Turn right onto Bright Pike and the Property will be on the right.
  • Above Grade Finished Sq Ft: 1512.0
  • Architectural Style: Ranch
  • New Construction: No
  • Location Tax and Legal:Parcel Number2: 21/22
  • General Property Information:Lot Size Acres: 1.5
  • General Property Information:Lot Size Dimensions: 1329/458/1331/784
  • General Property Information:Waterfront YN: No
  • Utilities:Cable Available: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Elementary School: Russellville Elementary
  • General Property Information:Bathrooms Half: 1
  • General Property Information:Living Area2: 1512.0
  • General Property Information:Above Grade Finished Area: 1512.0
  • General Property Information:New Construction YN: No
  • General Property Information:Fireplace YN: Yes
  • General Property Information:Spa YN: No
  • General Property Information:Home Warranty YN: No
  • Additional Dwelling:Additional Dwelling YN: No
  • Appliances Refrigerators: Yes
  • Architectural Style:Ranch: Yes
  • Flooring:Carpet: Yes
  • Flooring:Tile: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • Levels:One: Yes
  • Roof:Shingle: Yes
  • Room Types:Basement3: Yes
  • General Property Information:Basement YN: Yes
  • Flooring:Hardwood: Yes
  • Other Structures:Small Storage: Yes
  • Security Features:Security System: Yes
  • Security Features:Smoke Detector(s): Yes
  • Cooling:Central Air: Yes
  • Cooling:Electric: Yes
  • Other Structures:Shed(s): Yes
  • Laundry Features:In Basement: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Basement: Full, Walk-Out Access
  • Levels: One
  • Interior Amenities: Ceiling Fan(s), Solid Surface Counters
  • Private Spa: No
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Living Area: 1512.0
  • Window Features: Double Pane Windows, Vinyl Clad Frames, Vinyl Frames, Window Coverings
  • Appliances:Electric Oven: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Living Room: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Solid Surface Counters: Yes
  • Appliances:Electric Water Heater: Yes
  • Basement:Walk-Out Access: Yes
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Lot Features: Corner Lot, Level
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick
  • Other Structures: Shed(s), Small Storage
  • Patio And Porch Features: Covered, Patio, Porch, Screened
  • Construction Materials:Brick: Yes
  • Lot Features:Level: Yes
  • Window Features:Double Pane Windows: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Window Features:Vinyl Frames: Yes
  • Lot Features:Corner Lot: Yes
  • Window Features:Vinyl Clad Frames: Yes
  • Window Features:Window Coverings: Yes
  • Patio And Porch Features:Screened: Yes

Garage/Parking

  • Garage Yn: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Concrete, Garage, Kitchen Level
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Concrete4: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Kitchen Level: Yes
  • General Property Information:Carport YN: No

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Sewer: Septic Tank
  • Laundry Features: Electric Dryer Hookup, In Basement, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available
  • Sewer Septic Tank: Yes
  • Heating:Central: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Elementary School: Russellville Elementary

Lot Info

  • Lot Size Sq Ft: 65340.0
  • Parcel #: 21/22
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2019
Closed on
Apr 3, 2020
Sold by
Johns Deborah Gayle
Bought by
Mertes Sherry D and Mertes Michael V
Seller's Agent
Nancy Adams
RE/MAX Real Estate Ten East
Buyer's Agent
Mary Emmett
Crye-Leike Rogersville Realty Group
List Price
$339,900
Sold Price
$179,900
Premium/Discount to List
-$160,000
-47.07%
Current Estimated Value
$355,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,429
Avg. Annual Appreciation
12.88%
Original Mortgage
$176,641
Outstanding Balance
$156,483
Interest Rate
3.4%
Mortgage Type
FHA
Estimated Equity
$198,847

Purchase Details

Listed on
Dec 4, 2019
Closed on
Mar 13, 2020
Sold by
Johns Mark and Bowman Pamela J
Bought by
Johns Deborah
Seller's Agent
Nancy Adams
RE/MAX Real Estate Ten East
Buyer's Agent
Mary Emmett
Crye-Leike Rogersville Realty Group
List Price
$339,900
Sold Price
$179,900
Premium/Discount to List
-$160,000
-47.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,641
Outstanding Balance
$156,483
Interest Rate
3.4%
Mortgage Type
FHA
Estimated Equity
$198,847

Purchase Details

Closed on
Sep 29, 1999
Sold by
Johns Phyllis Henard
Bought by
Tom Wright

Purchase Details

Closed on
Jul 27, 1982
Bought by
Johns Phyllis Henard and Johns A

Purchase Details

Closed on
Jun 2, 1965
Source: Public Records

Range of Values:

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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
Mertes Sherry D $179,900 None Available
Johns Deborah -- None Available
Tom Wright $17,250 --
Johns Phyllis Henard -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mertes Sherry D $176,641
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2020 04/03/20 Sold $179,900 -47.1% $119 / Sq Ft
02/13/2020 02/13/20 Pending -- -- --
12/04/2019 12/04/19 For Sale $339,900 -- $225 / Sq Ft
Source: Lakeway Area 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
2024 $911 $46,225 $8,300 $37,925
2023 $911 $46,225 $0 $0
2022 $880 $44,650 $8,300 $36,350
2021 $880 $44,650 $8,300 $36,350
2020 $880 $44,650 $8,300 $36,350
2019 $764 $35,850 $5,375 $30,475
2018 $764 $35,850 $5,375 $30,475
2017 $764 $35,850 $5,375 $30,475
2016 $713 $35,850 $5,375 $30,475
2015 $663 $35,850 $5,375 $30,475
2014 -- $35,850 $5,375 $30,475
2013 -- $42,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2020

    Nancy Adams

    RE/MAX Real Estate Ten East

  • M

    Buyer's Agent in 2020

    Mary Emmett

    Crye-Leike Rogersville Realty Group

See All Agents

Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 586673

Lakeway Area Association of REALTORS®

APN: 011-021.00

Tennessee Hamblen County Russellville 37860

5508 Brights Pike, Russellville, TN

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