NOT LISTED FOR SALE

5769 New Hope Rd Michie, TN 38357

Estimated Value: $237,000 - $732,000

3 Beds
3 Baths
2,200-2,399 Sq Ft
$228/Sq Ft Est. Value

Last Sold January 30, 2023

Last sale price $612,500 $255 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $3,129/month

13 Days on Market

Highlights

  • Water Views
  • Lake On Lot
  • Traditional Architecture
  • Barn or Stable
  • 37.82 Acre Lot
  • Wood Flooring

About This Home

As of January 2023

PRICED UNDER APPRAISED VALUE! Welcome to this one of a kind serene 38 acre property. Two homes reside on the property as well as horse stables, ponds, sheds, and workshops. The traditional ranch style main home includes 3 beds and 3 full baths. Enjoy the view of your property from any of your 3 porches. With a short walk you'll find your charming log cabin guest house that is equipped with a full kitchen, bathroom, bedroom, and laundry unit! Schedule to see this dream property before it's gone!

Last Agent to Sell the Property

Lorannda (Lora T Borja

eXp Realty, LLC License #355607 Listed on: 12/09/2022

eXp Realty, LLC

Last Buyer's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,886

Year Built

  • Built in 2008

Lot Details

  • 37.82 Acre Lot
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,200-2,399 Sq Ft Home
  • 2,300 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Double Pane Windows
  • Separate Formal Living Room
  • Dining Room
  • Screened Porch
  • Water Views
  • Breakfast Bar
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms
  • Bathtub With Separate Shower Stall

Parking

  • 2 Car Garage
  • Workshop in Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Lake On Lot
  • Outdoor Storage

Additional Features

  • Barn or Stable
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 152

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,886

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 695*
  • List Price Per Sq Ft: 283
  • Number Of Stories: 1
  • Price Per Sq Ft: 266.3
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2300
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 2200-2399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 3
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Breakfast Bar, Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • Total Bathrooms: 3

Exterior Features

  • Misc Exterior: Storage Building, Porch, Screen Porch, Barn/Stable
  • Exterior Windows: Double Pane Window(s)

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Driveway/Pad, Workshop(s), Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees, Level, Lake/Pond on Property, Water View
  • Acreage: 37.82
  • Lot Size: 1,647,433
  • Price Per Acre: 17184

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 152

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2022
Closed on
Feb 3, 2023
Sold by
Meeks William Barton
Bought by
Pavao Family Trust
Seller's Agent
Lorannda (Lora T Borja
eXp Realty, LLC
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$649,900
Sold Price
$612,500
Premium/Discount to List
-$37,400
-5.75%
Current Estimated Value
$546,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$66,027
Avg. Annual Appreciation
-3.60%
Original Mortgage
$579,405
Interest Rate
6.09%
Mortgage Type
VA

Purchase Details

Closed on
Sep 11, 2006
Sold by
Gene Hopkins Anthony
Bought by
Billie Meeks

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,642
Interest Rate
6.71%

Purchase Details

Closed on
Mar 9, 2004
Sold by
Hopkins Anthony G
Bought by
Pearson Lorraine B and Pearson Robert W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,400
Interest Rate
5.72%

Purchase Details

Closed on
Dec 22, 1997
Sold by
Hopkins Donna R
Bought by
Hopkins Anthony G and Hopkins Nancy
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Pavao Family Trust $612,500 --
Pavao Family Trust $612,500 None Listed On Document
Billie Meeks $129,000 --
Pearson Lorraine B $208,000 --
Hopkins Anthony G $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pavao Family Trust $577,372
Closed Pavao Family Trust $579,405
Previous Owner Gene Hopkins Anthony $50,642
Previous Owner Hopkins Anthony G $166,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2023 01/30/23 Sold $612,500 -5.8% $278 / Sq Ft
12/23/2022 12/23/22 Pending -- -- --
12/10/2022 12/10/22 For Sale $649,900 +6.1% $295 / Sq Ft
12/09/2022 12/09/22 Off Market $612,500 -- --
Source: Memphis Area 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 $1,886 $119,575 $26,975 $92,600
2023 $1,684 $119,575 $26,975 $92,600
2022 $1,684 $106,775 $26,975 $79,800
2021 $1,748 $85,400 $24,650 $60,750
2020 $1,699 $83,025 $24,650 $58,375
2019 $1,699 $83,025 $24,650 $58,375
2018 $1,699 $83,025 $24,650 $58,375
2017 $1,699 $83,025 $24,650 $58,375
2016 $1,666 $83,025 $24,650 $58,375
2015 $1,735 $83,025 $24,650 $58,375
2014 $1,645 $78,700 $20,825 $57,875
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10138916

Memphis Area Association of REALTORS®

APN: 152-008.00