NOT LISTED FOR SALE

Estimated Value: $165,000 - $215,000

Studio
2 Baths
1,448 Sq Ft
$128/Sq Ft Est. Value

About This Home

This home is located at 56 Thomas Cove, Jackson, TN 38305 and is currently estimated at $185,813, approximately $128 per square foot. 56 Thomas Cove is a home located in Madison County with nearby schools including Thelma Barker Elementary School, Northeast Middle School, and North Side High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2020
Sold by
Lay Sandra
Bought by
Lay Bruce E and Lay Linda A
Current Estimated Value
$185,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,600
Outstanding Balance
$128,132
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$57,681

Purchase Details

Closed on
Apr 21, 2005
Sold by
Northside Assembly Of God
Bought by
Lay Don K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.99%

Purchase Details

Closed on
Dec 5, 1996
Sold by
Dolejs Charles E
Bought by
Northside Assembly Of God

Purchase Details

Closed on
Apr 14, 1981
Bought by
Dolejs Charles E

Purchase Details

Closed on
Oct 19, 1979

Purchase Details

Closed on
Jan 1, 1979

Purchase Details

Closed on
Jan 1, 1978

Purchase Details

Closed on
Dec 3, 1976
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Lay Bruce E $317,000 None Available
Lay Don K $85,000 --
Northside Assembly Of God $91,000 --
Dolejs Charles E -- --
-- -- --
-- $47,500 --
-- $42,500 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lay Bruce E $253,600
Previous Owner Not Available $85,000
Source: Public Records

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
2025 $682 $36,375 $6,250 $30,125
2024 $682 $36,375 $6,250 $30,125
2022 $1,268 $36,375 $6,250 $30,125
2021 $936 $21,700 $3,500 $18,200
2020 $936 $21,700 $3,500 $18,200
2019 $936 $21,700 $3,500 $18,200
2018 $936 $21,700 $3,500 $18,200
2017 $938 $21,250 $3,500 $17,750
2016 $874 $21,250 $3,500 $17,750
2015 $874 $21,250 $3,500 $17,750
2014 $877 $21,325 $3,500 $17,825
Source: Public Records

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