NOT LISTED FOR SALE

561 Hiwassee Rd Lebanon, TN 37087

Estimated Value: $439,000 - $507,000

3 Beds
2.5 Baths
2,160 Sq Ft
$219/Sq Ft Est. Value

Last Sold March 19, 2024

Last sale price $439,777 $204 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,715/month

49 Days on Market

Highlights

  • 0.69 Acre Lot
  • No HOA
  • Walk-In Closet
  • 1 Fireplace
  • Covered Deck
  • Air Filtration System

About This Home

As of March 2024

THE HEYDON HALL PLAN*3 BEDROOMS 2 1/2 BATHS WITH HUGE BONUS ROOM OVER THE 2 CAR GARAGE*CARPET, TILE, AND LVP FLOORING*GRANITE COUNTERTOPS*TILE SHOWER IN MASTER*LEBANON ADDRESS WITH SMITH COUNTY TAXES! NO HOA! 2 CAR ATTACHED GARAGE*COVERED BACK PORCH! Ask about $8,000 CC Incentive and Preferred lender 5.15% Interest Rate Program

Last Agent to Sell the Property

Christy Harris

Cumberland Real Estate LLC Brokerage Phone: 6157754028 License #344073 Listed on: 10/18/2023

Co-Listed By

Drew Boggs

Cumberland Real Estate LLC Brokerage Phone: 6157754028 License # 285601

Last Buyer's Agent

Cyndal Callihan

Compass License #353441

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,691

Year Built

  • Built in 2023

Lot Details

  • 0.69 Acre Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Asphalt Roof
  • Hardboard

Interior Spaces

  • 2,160 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Deck

Schools

  • Union Heights Elementary
  • Smith County High School

Utilities

  • Air Filtration System
  • Central Heating
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 023 02108 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,691

Year Built

Built in 2023

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2023
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: NEW
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Attribution Contact: 6157754028
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Interior Amenities: Air Filter, Ceiling Fan(s), Walk-In Closet(s), Entry Foyer, Primary Bedroom Main Floor
  • Appliances: Dishwasher
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Other, Tile
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Slab
  • Above Grade Finished Sq Ft: 2160
  • Building Area Units: Square Feet
  • Living Area: 2160
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Garage Door Opener
  • Construction Type: Hardboard Siding
  • Patio And Porch Features: Covered Deck
  • Pool Private: No
  • Roof: Asphalt
  • View: No
  • Waterfront: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.69
  • Lot Size: SURVEY IN DEED
  • Lot Size Units: Acres
  • Parcel #: 023 02108 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

MLS Schools

  • Elementary School: Union Heights Elementary
  • High School: Smith County High School
  • Middle Or Junior School: Union Heights Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2023
Closed on
Mar 8, 2024
Sold by
Mid State Investments Llc
Bought by
Ferrell Matthew Carl and Ferrell Augustine
Seller's Agent
Christy Harris
Cumberland Real Estate LLC
Buyer's Agent
Cyndal Callihan
Compass
List Price
$457,777
Sold Price
$439,777
Premium/Discount to List
-$18,000
-3.93%
Views
83
Current Estimated Value
$473,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,549
Avg. Annual Appreciation
5.20%
Original Mortgage
$339,777
Outstanding Balance
$334,838
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$138,488

Purchase Details

Closed on
Oct 20, 2022
Sold by
Mid State Investments Llc
Bought by
Mid State Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
6.7%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 7, 2019
Sold by
Mid State Property Management Llc
Bought by
Mid State Properties Gp

Purchase Details

Closed on
Jul 27, 2017
Sold by
Mid State Investments Llc
Bought by
Mid State Property Management Llc

Purchase Details

Closed on
Jul 17, 2015
Sold by
Sanders Brandon D
Bought by
Sanders Angela M

Purchase Details

Closed on
Oct 3, 2014
Sold by
Lierow Bernie
Bought by
Sanders Angela M

Purchase Details

Closed on
Feb 24, 2012
Sold by
Sanders Angela M
Bought by
Sanders Brandon Dean

Purchase Details

Closed on
Mar 23, 1999
Sold by
Geisweidt Joseph L
Bought by
Ricky Sanders and Ricky Angela

Purchase Details

Closed on
Nov 17, 1997
Bought by
Sanders Ricky D and Sanders Angela M

Purchase Details

Closed on
May 15, 1997
Bought by
Geisweidt Joseph L
Source: Public Records

Range of Values:

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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
Ferrell Matthew Carl $439,777 Legends Title Services
Mid State Investments Llc -- Legends Title Services
Mid State Properties Gp -- None Available
Mid State Property Management Llc -- --
Sanders Angela M -- --
Mid State Investments Llc $342,000 --
Sanders Angela M -- --
Sanders Brandon Dean -- --
Ricky Sanders $25,000 --
Sanders Ricky D $25,000 --
Geisweidt Joseph L $19,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrell Matthew Carl $339,777
Previous Owner Mid State Investments Llc $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2024 03/19/24 Sold $439,777 0.0% $204 / Sq Ft
12/06/2023 12/06/23 Pending -- -- --
11/03/2023 11/03/23 Price Changed $439,777 -3.7% $204 / Sq Ft
10/27/2023 10/27/23 Price Changed $456,777 -0.2% $211 / Sq Ft
10/18/2023 10/18/23 For Sale $457,777 -- $212 / 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 $1,691 $97,550 $3,300 $94,250
2023 $1,086 $97,550 $0 $0
2022 $162 $9,350 $3,300 $6,050
2021 $164 $6,625 $2,500 $4,125
2020 $181 $6,625 $2,500 $4,125
2019 $181 $6,625 $2,500 $4,125
2018 $142 $6,625 $2,500 $4,125
2017 $140 $6,625 $2,500 $4,125
2016 $204 $8,775 $1,325 $7,450
2015 $204 $8,775 $1,325 $7,450
2014 $204 $8,775 $1,325 $7,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2583022

Realtracs

APN: 023-021.08