NOT LISTED FOR SALE

56 Parks Ln Fayetteville, TN 37334

Estimated Value: $444,000 - $578,000

4 Beds
5 Baths
3,890 Sq Ft
$130/Sq Ft Est. Value

Last Sold July 08, 2017

Last sale price $300,000 $77 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,906/month

Highlights

  • In Ground Pool
  • Wood Flooring
  • Covered Patio or Porch
  • 3 Acre Lot
  • Separate Formal Living Room
  • Wet Bar

About This Home

As of July 2017

SPRAWLING CONTEMPORARY ON 3 ACRES PERFECT FOR LEISURE LIFESTYLE & OFFERING POTENTIAL EXTENDED FAMILY LIVING SITUATION. SPOTLESS INGROUND POOL, SECLUDED, MAN CAVE WITH FULL BAR, HIDDED ENTERTAINMENT FEATURES, BRS ON ALL LEVELS

Last Agent to Sell the Property

Olen Mitchell

Leading Edge Real Estate Group License #294186 Listed on: 03/22/2017

Last Buyer's Agent

J.D. Young

Compass RE License #334753

Compass RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,362

Year Built

  • Built in 1989

Lot Details

  • 3 Acre Lot
  • Privacy Fence

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • Property has 3 Levels
  • Wet Bar
  • Ceiling Fan
  • Separate Formal Living Room
  • Interior Storage Closet
  • Ice Maker
  • Finished Basement

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet

Outdoor Features

  • In Ground Pool
  • Covered Deck
  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • South Lincoln Elementary School
  • Lincoln County Ninth Grade Academy Middle School
  • Lincoln Co High School

Utilities

  • Cooling Available
  • Central Heating
  • Septic Tank

Listing and Financial Details

  • Tax Lot level
  • Assessor Parcel Number 052150 04601 00019150

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,362

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Year Built: 1989
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Ceiling Fan(s), Extra Closets, Smoke Alarm, Storage, Utility Connection, Wet Bar
  • Appliances: Ice Maker
  • Fireplace: No
  • Flooring: Carpet, Finished Wood, Tile
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Has Basement: Finished
  • Above Grade Finished Sq Ft: 2357
  • Below Grade Sq Ft: 1533
  • Building Area Units: Square Feet
  • Living Area: 3890
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Garage Door Opener, Storage
  • Construction Type: Brick, Wood Siding
  • Fencing: Privacy
  • Patio And Porch Features: Covered Deck, Covered Patio, Patio
  • Pool Features: In Ground
  • Pool Private: Yes
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

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

Green Features

  • Efficiency: Thermostat

Lot Info

  • Lot Size Acres: 3
  • Lot Size Units: Acres
  • Parcel #: 052150 04601 00019150
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1362
  • Tax Lot: level

MLS Schools

  • Elementary School: South Lincoln Elementary
  • High School: Lincoln Co High School
  • Middle Or Junior School: Lincoln County Ninth Grade Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2017
Closed on
Jul 6, 2017
Sold by
Musick Darren and Barhite Terry J
Bought by
Barhite Terry J and Barhite Dianne
Seller's Agent
Olen Mitchell
Leading Edge Real Estate Group
Buyer's Agent
J.D. Young
Compass RE
List Price
$550
Sold Price
$300,000
Premium/Discount to List
$299,450
54445.45%
Current Estimated Value
$504,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,022
Avg. Annual Appreciation
6.33%
Original Mortgage
$209,000
Outstanding Balance
$175,960
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$319,564

Purchase Details

Closed on
Feb 12, 1993
Bought by
Waters Mark Mr and Waters Mrs

Purchase Details

Closed on
Jun 1, 1988
Bought by
Simmons Fonnie R

Purchase Details

Closed on
Jan 1, 1985
Bought by
Davis Ken
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
Barhite Terry J $300,000 None Available
Barhite Terry J $300,000 None Available
Waters Mark Mr $167,000 --
Waters Mark Mr $167,000 --
Simmons Fonnie R $12,000 --
Simmons Fonnie R $12,000 --
Davis Ken $8,500 --
Davis Ken $8,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barhite Terry J $209,000
Closed Barhite Terry J $209,000
Previous Owner Musick Ethridge D $223,566
Previous Owner Lynn Waters $123,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2019 09/04/19 Pending -- -- --
08/16/2019 08/16/19 For Sale $550 -99.8% $0 / Sq Ft
07/08/2017 07/08/17 Sold $300,000 -- $77 / 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 $2,167 $114,050 $19,050 $95,000
2023 $2,038 $70,725 $9,575 $61,150
2022 $1,539 $73,200 $9,575 $63,625
2021 $1,539 $73,200 $9,575 $63,625
2020 $1,539 $73,200 $9,575 $63,625
2019 $1,539 $73,200 $9,575 $63,625
2018 $1,459 $58,850 $7,875 $50,975
2017 $1,362 $58,850 $7,875 $50,975
2016 $1,362 $58,225 $7,875 $50,350
2015 -- $58,225 $7,875 $50,350
2014 $1,141 $58,225 $7,875 $50,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1811252

Realtracs

APN: 150-046.01