NOT LISTED FOR SALE

575 Mount Nebo Rd Iron City, TN 38463

Estimated Value: $228,000 - $362,000

4 Beds
2.5 Baths
3,179 Sq Ft
$94/Sq Ft Est. Value

Last Sold April 28, 2015

Last sale price $50,000 $16 Per Sq Ft

Est. 496% increase in value since last sale

Current estimated payment $1,714/month

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Outdoor Storage
  • Lawrenceburg Public Elementary School Rated A-
  • Covered Patio or Porch
  • Wood Siding

About This Home

As of April 2015

All brick ranch style home offering 4 bedrooms, 2.5 baths. Spacious opened living room, with large rec room. Patio in back that you could enjoy the park like settings with large mature trees; on a nice sized lot.

Last Agent to Sell the Property

SHARON BENNETT

License #224859 Listed on: 12/18/2014

Co-Listed By

Robert Henson

License #243003

Last Buyer's Agent

Barbara Smith

Coldwell Banker Southern Realty License #267486

Coldwell Banker Southern Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $932

Year Built

  • Built in 1974

Lot Details

  • 1.63 Acre Lot

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 3,179 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Crawl Space

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • South Lawrence Elementary
  • Loretto High School

Utilities

  • No Cooling
  • No Heating
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 050156 05801 000156

Home Details

Home Type

Single Family

Est. Annual Taxes

$932

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Ranch
  • Year Built: 1974
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: APROX
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Appraiser
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Finished Wood, Tile, Vinyl
  • Total Bedrooms: 4
  • Main Level Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 3179
  • Building Area Units: Square Feet
  • Living Area: 3179
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: Storage
  • Construction Type: Brick, Wood Siding
  • Patio And Porch Features: Covered Patio, Covered Porch
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: No

Condo/Co-op/Association

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

Lot Info

  • Lot Size Acres: 1.63
  • Lot Size Units: Acres
  • Parcel #: 050156 05801 000156
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 932

MLS Schools

  • Elementary School: South Lawrence Elementary
  • High School: Loretto High School
  • Middle Or Junior School: South Lawrence Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2014
Closed on
Apr 23, 2015
Sold by
Secretary Of Housing And Urban
Bought by
Mclin Michael Ray and Mclin Tabitha Laureen
Seller's Agent
SHARON BENNETT
Buyer's Agent
Barbara Smith
Coldwell Banker Southern Realty
List Price
$181,000
Sold Price
$50,000
Premium/Discount to List
-$131,000
-72.38%
Current Estimated Value
$297,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,924
Avg. Annual Appreciation
18.76%
Original Mortgage
$42,500
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2014
Sold by
Bank Of America Na
Bought by
Secretary Of Housing And Urban

Purchase Details

Closed on
Mar 27, 2014
Sold by
Jordan Joshua J
Bought by
Bank Of America Na and C/O Bac Tax Svcs Corp

Purchase Details

Closed on
Jan 6, 2010
Sold by
Shelton Kenneth
Bought by
Jordan Joshua J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,987
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 26, 2008
Sold by
Jp Morgan Chase Bank Na
Bought by
Shelton Kenneth R

Purchase Details

Closed on
Feb 20, 2007
Bought by
Jp Morgan Chase Bank Na Sami 2004-Ar4

Purchase Details

Closed on
Apr 14, 2004
Sold by
Navy Federal Credit Union
Bought by
Larry Rogers

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,900
Interest Rate
8.65%

Purchase Details

Closed on
Aug 22, 2001
Sold by
Charles Ferrell
Bought by
Navy Federal C U

Purchase Details

Closed on
Sep 28, 1974
Bought by
Ferrell Charles W

Purchase Details

Closed on
Jan 2, 1900
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
Mclin Michael Ray $50,000 --
Secretary Of Housing And Urban -- --
Bank Of America Na $90,474 --
Jordan Joshua J $83,500 --
Shelton Kenneth R $50,000 --
Jp Morgan Chase Bank Na Sami 2004-Ar4 -- --
Larry Rogers $75,900 --
Navy Federal C U $120,700 --
Ferrell Charles W -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclin Michael Ray $115,000
Closed Mclin Michael Ray $53,200
Closed Mclin Michael Ray $42,500
Previous Owner Not Available $81,987
Previous Owner Larry Rogers $128,000
Previous Owner Not Available $75,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2017 10/31/17 Off Market $50,000 -- --
05/16/2017 05/16/17 For Sale $181,000 +262.0% $57 / Sq Ft
04/28/2015 04/28/15 Sold $50,000 -- $16 / 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 $1,246 $61,975 $2,600 $59,375
2023 $1,246 $61,975 $2,600 $59,375
2022 $1,246 $61,975 $2,600 $59,375
2021 $1,056 $35,700 $2,000 $33,700
2020 $1,056 $35,700 $2,000 $33,700
2019 $1,056 $35,700 $2,000 $33,700
2018 $1,056 $35,700 $2,000 $33,700
2017 $1,056 $35,700 $2,000 $33,700
2016 $1,056 $35,700 $2,000 $33,700
2015 $978 $35,700 $2,000 $33,700
2014 $932 $34,025 $2,000 $32,025
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1597105

Realtracs

APN: 156-058.01