NOT LISTED FOR SALE

580 Martin Ridge Ln Gainesboro, TN 38562

Estimated Value: $299,000 - $337,375

3 Beds
2 Baths
1,632 Sq Ft
$197/Sq Ft Est. Value

Last Sold June 16, 2022

Last sale price $327,000 $200 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,788/month

13 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Property has 1 Level
  • 2 Car Attached Garage

About This Home

As of June 2022

Located on a dead end road between Gainesboro and Cookeville, you’ll find this stunning log home situated on 1.04 acres. Inside you’ll find beautiful tongue and groove vaulted ceilings and a stone wood burning fireplace with an open concept floor plan. This home offers 3 bedrooms, 2 full bathrooms and a large walk-in master closet. Downstairs features a full, unfinished basement with two car garage access. Shed conveys with the property. Schedule your showing today!

Last Agent to Sell the Property

Sabrina Brazle

Provision Realty Group Brokerage Phone: 9313193812 License #345676 Listed on: 04/26/2022

Last Buyer's Agent

NONMLS NONMLS

License #2211

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $780

Year Built

  • Built in 1984

Lot Details

  • 1.04 Acre Lot

Parking

  • 2 Car Attached Garage
  • Basement Garage

Home Design

  • Log Siding

Interior Spaces

  • 1,632 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Gainesboro Elementary School
  • Dodson Branch Elementary Middle School
  • Jackson County High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 077 04109 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$780

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1984
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Primary Bedroom Main Floor
  • Fireplace: No
  • Flooring: Other
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Has Basement: Other
  • Above Grade Finished Sq Ft: 1632
  • Building Area Units: Square Feet
  • Living Area: 1632
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Log
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Private
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 1.04
  • Lot Size Units: Acres
  • Parcel #: 077 04109 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 780

MLS Schools

  • Elementary School: Gainesboro Elementary
  • High School: Jackson County High School
  • Middle Or Junior School: Dodson Branch Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2022
Closed on
Jun 16, 2022
Sold by
Lambert Jonathan R and Lambert Kayla
Bought by
Waller Billy Shane and Waller Christine Dianne
Seller's Agent
Sabrina Brazle
Provision Realty Group
Buyer's Agent
NONMLS NONMLS
List Price
$325,000
Sold Price
$327,000
Premium/Discount to List
$2,000
0.62%
Current Estimated Value
$321,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,656
Avg. Annual Appreciation
-0.51%
Original Mortgage
$327,500
Outstanding Balance
$311,617
Interest Rate
5.27%
Mortgage Type
VA
Estimated Equity
$9,727

Purchase Details

Closed on
Sep 8, 2011
Sold by
Flatt Farlin
Bought by
Lambert Jonathan R and Jenkins Kayla Lane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
4.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 1, 2011
Sold by
Flatt Farlin
Bought by
Pryor Mark and Pryor Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
4.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 31, 2007
Sold by
Ralph Flatt
Bought by
Farlin Flatt

Purchase Details

Closed on
Aug 28, 2007
Sold by
Ralph Flatt
Bought by
Allen Griffith

Purchase Details

Closed on
Jun 29, 2007
Sold by
Ralph Flatt
Bought by
Mark Pryor

Purchase Details

Closed on
Feb 4, 2000
Sold by
Ralph Flatt and Ralph Farlin
Bought by
Randy Duke and Randy Diane

Purchase Details

Closed on
Nov 16, 1985
Bought by
Flatt Ralph
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
Waller Billy Shane $327,500 Upper Cumberland Title
Lambert Jonathan R $82,500 --
Pryor Mark $7,500 --
Farlin Flatt -- --
Allen Griffith $49,290 --
Mark Pryor $131,720 --
Randy Duke $7,000 --
Flatt Ralph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waller Billy Shane $327,500
Previous Owner Lambert Jonathan R $66,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2022 06/16/22 Sold $327,000 +0.6% $200 / Sq Ft
05/10/2022 05/10/22 Pending -- -- --
04/26/2022 04/26/22 For Sale $325,000 -- $199 / 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 $1,135 $44,500 $2,325 $42,175
2023 $1,135 $44,500 $2,325 $42,175
2022 $1,001 $44,500 $2,325 $42,175
2021 $780 $34,675 $2,325 $32,350
2020 $745 $34,675 $2,325 $32,350
2019 $745 $26,700 $2,050 $24,650
2018 $745 $26,700 $2,050 $24,650
2017 $745 $26,700 $2,050 $24,650
2016 $746 $26,700 $2,050 $24,650
2015 $761 $26,700 $2,050 $24,650
2014 $793 $27,825 $2,075 $25,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2378584

Realtracs

APN: 077-041.09