NOT LISTED FOR SALE

561 Martin Ridge Ln Gainesboro, TN 38562

Estimated Value: $243,000 - $366,000

5 Beds
3 Baths
1,236 Sq Ft
$255/Sq Ft Est. Value

Last Sold January 25, 2021

Last sale price $250,000 $202 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,773/month

Highlights

  • No HOA
  • Landscaped with Trees
  • Central Air
  • 3 Car Detached Garage
  • 1-Story Property
  • Heating Available

About This Home

As of January 2021

This home is located at 561 Martin Ridge Ln, Gainesboro, TN 38562 since 26 January 2021 and is currently estimated at $315,790, approximately $255 per square foot. This property was built in 2010. 561 Martin Ridge Ln is a home located in Jackson County with nearby schools including Jackson County High School.

Last Agent to Sell the Property

Sue Pecora

The Realty Firm #2 Brokerage Phone: 9315207750 License #345893 Listed on: 01/26/2021

Last Buyer's Agent

Sue Pecora

The Realty Firm #2

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $860

Year Built

  • Built in 2010

Lot Details

  • 0.74 Acre Lot
  • Lot Dimensions are 152.01 x 213
  • Landscaped with Trees

Parking

  • 3 Car Detached Garage

Home Design

  • Frame Construction
  • Composition Roof
  • Stone

Interior Spaces

  • 1,236 Sq Ft Home
  • 1-Story Property
  • Laundry on main level

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Air
  • Heating Available
  • Natural Gas Not Available
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 041.12

Home Details

Home Type

Single Family

Est. Annual Taxes

$860

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Attribution Contact: 9315207750
  • Directions: From PCCH: Take Broad St to Willow Ave; R onto Willow Ave; L on to Gainesboro Grade; Take it to Hwy 56; R onto Hwy 56; Martin Ridge is on the right.
  • Unit Levels: One
  • Prop. Type: Residential
  • Year Built: 2010
  • Property Sub Type: Site Built
  • Lot Size Acres: 0.7433
  • Lot Size: 152.01 x 213
  • Subdivision Name: None
  • Carport Y N: No
  • Garage Yn: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator, Electric Range, Electric Oven
  • Flooring: Hardwood, Tile
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 1236

Exterior Features

  • Roof: Composition
  • Lot Features: Trees
  • Construction Type: Frame, Stone

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 3

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers, UCEMC
  • Heating: Electric
  • Sewer: Septic Tank
  • Gas Company: N/A
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Natural Gas Not Available
  • Water Source: Public, Old Gainesboro UD

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 32378.13
  • Farm Land Area Units: Square Feet
  • Parcel #: 041.12
  • Irrigation Water Rights: No

Tax Info

  • Tax Annual Amount: 860.02
  • Tax Map Number: 077

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2021
Closed on
Jan 25, 2021
Sold by
Dennis Jonathan and Jenkins Genoa
Bought by
Mckay Dreyton J and Mckay Alyssa
Seller's Agent
Sue Pecora
The Realty Firm #2
Buyer's Agent
Sue Pecora
The Realty Firm #2
Sold Price
$250,000
Current Estimated Value
$315,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,790
Avg. Annual Appreciation
4.98%
Original Mortgage
$252,525
Outstanding Balance
$225,464
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$90,326

Purchase Details

Closed on
Nov 30, 2009
Sold by
Pryor Mark
Bought by
Dennis Jonathan
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
Mckay Dreyton J $250,000 None Available
Dennis Jonathan $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckay Dreyton J $252,525
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2021 01/25/21 Sold $250,000 0.0% $202 / Sq Ft
01/01/1970 01/01/70 Off Market $250,000 -- --
Source: Upper Cumberland 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 $1,298 $50,900 $2,250 $48,650
2023 $1,298 $50,900 $2,250 $48,650
2022 $1,145 $50,900 $2,250 $48,650
2021 $1,145 $50,900 $2,250 $48,650
2020 $1,146 $50,900 $2,250 $48,650
2019 $860 $30,825 $2,000 $28,825
2018 $860 $30,825 $2,000 $28,825
2017 $860 $30,825 $2,000 $28,825
2016 $861 $30,825 $2,000 $28,825
2015 $879 $30,825 $2,000 $28,825
2014 $949 $33,300 $2,000 $31,300
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Sue Pecora

    The Realty Firm #2

    (931) 252-1074

    134 Total Sales

    Sue Pecora
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Map

Source: Upper Cumberland Association of REALTORS®

MLS Number: 202496

Upper Cumberland Association of REALTORS®

APN: 077-041.12

Tennessee Jackson County Gainesboro 38562

561 Martin Ridge Ln, Gainesboro, TN

Not Listed for Sale

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