NOT LISTED FOR SALE

592 Molino Rd Fayetteville, TN 37334

Estimated Value: $1,291,375 - $1,426,000

6 Beds
6 Baths
6,953 Sq Ft
$193/Sq Ft Est. Value

Last Sold January 25, 2021

Last sale price $900,000 $129 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $7,199/month

451 Days on Market

Highlights

  • Guest House
  • Stables
  • 95.36 Acre Lot
  • Barn
  • In Ground Pool
  • Colonial Architecture

About This Home

As of January 2021

Extraordinary find! Gorgeous 6 bedroom home with inground pool, pool house, horse barn, 2 bedroom guesthouse and helicopter pad. Once belonging to Wayne Newtown's brother where he entertained such guest as Elvis, Ann Margret and many more. Beautiful location! Working cattle farm, w/horse barn & pond. Can be bought with less acreage contact agent for details.

Last Agent to Sell the Property

Sabrina Kimball

Simple Real Estate - Keller Williams License #333040 Listed on: 10/24/2019

Co-Listed By

Clay Dunivan

Simple Real Estate - Keller Williams License #341749

Last Buyer's Agent

Carol Neal

Dynasty Real Estate Services License #353439

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,302

Year Built

  • Built in 1900

Lot Details

  • 95.36 Acre Lot
  • Property is Fully Fenced

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 6,953 Sq Ft Home
  • Property has 2 Levels
  • Separate Formal Living Room
  • Crawl Space
  • Property Views

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms | 3 Main Level Bedrooms
  • In-Law or Guest Suite

Home Security

  • Security Gate
  • Fire and Smoke Detector

Parking

  • 6 Parking Spaces
  • 6 Carport Spaces

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Highland Rim Elementary School
  • Lincoln County Ninth Grade Academy Middle School
  • Lincoln Co High School

Utilities

  • Cooling Available
  • Central Heating
  • Septic Tank

Additional Features

  • Guest House
  • Barn
  • Stables

Community Details

  • No Home Owners Association
  • Metes And Bounds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 100 02400 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,302

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 1900
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RENOV
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: In-Law Floorplan
  • Fireplace: No
  • Flooring: Carpet, Finished Wood, Tile
  • Total Bedrooms: 6
  • Main Level Bedrooms: 3
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 6953
  • Building Area Units: Square Feet
  • Living Area: 6953
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Barn(s), Carriage/Guest House, Stable, Storage
  • Construction Type: Brick
  • Fencing: Full
  • Patio And Porch Features: Covered Porch
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Valley
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 6
  • Carport Y N: Yes
  • Covered Parking Spaces: 6
  • Garage Yn: No
  • Parking Features: Attached
  • Total Parking Spaces: 6

Utilities

  • Sewer: Septic Tank
  • Water Source: Private
  • Cooling: Electric, Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Central
  • Heating Yn: Yes
  • Security: Security Gate, Smoke Detector(s)

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 95.36
  • Lot Size Units: Acres
  • Parcel #: 100 02400 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 3302

MLS Schools

  • Elementary School: Highland Rim Elementary
  • High School: Lincoln Co High School
  • Middle Or Junior School: Lincoln County Ninth Grade Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2019
Closed on
Jan 25, 2021
Sold by
Parsley Gay Lewis and Parsley Joe
Bought by
Heeg Michael R and Heeg Crystal J
Seller's Agent
Sabrina Kimball
Simple Real Estate - Keller Williams
Buyer's Agent
Carol Neal
Dynasty Real Estate Services
List Price
$1,482,095
Sold Price
$900,000
Premium/Discount to List
-$582,095
-39.28%
Current Estimated Value
$1,245,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$345,529
Avg. Annual Appreciation
8.04%
Original Mortgage
$625,000
Outstanding Balance
$564,447
Interest Rate
2.6%
Mortgage Type
Stand Alone Second
Estimated Equity
$714,883

Purchase Details

Closed on
Dec 2, 2003
Sold by
Ruth Richmond
Bought by
Gay Parsley

Purchase Details

Closed on
Dec 1, 2003
Bought by
Parsley Gay Lewis

Purchase Details

Closed on
Aug 11, 1995
Bought by
Richmond Joe Harold and Richmond Ruth Ann

Purchase Details

Closed on
Apr 29, 1989
Bought by
Wallace Ronnie

Purchase Details

Closed on
Apr 28, 1989

Purchase Details

Closed on
May 17, 1985
Bought by
Highland Rim Constr Inc
Source: Public Records

Range of Values:

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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
Heeg Michael R $900,000 Metropolitan Escrow Inc
Heeg Michael R $900,000 Metropolitan Escrow Inc
Gay Parsley $502,902 --
Gay Parsley $502,902 --
Parsley Gay Lewis $502,900 --
Parsley Gay Lewis $502,900 --
Richmond Joe Harold $190,000 --
Richmond Joe Harold $190,000 --
Wallace Ronnie $60,000 --
Wallace Ronnie $60,000 --
-- $60,000 --
-- $60,000 --
Highland Rim Constr Inc -- --
Highland Rim Constr Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heeg Michael R $625,000
Closed Heeg Michael R $625,000
Previous Owner Richmond Ruth A $295,357
Previous Owner Ronnie Wallace $312,824
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2021 01/25/21 Sold $900,000 -39.3% $129 / Sq Ft
01/04/2021 01/04/21 Pending -- -- --
10/10/2019 10/10/19 For Sale $1,482,095 -- $213 / 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 $4,550 $239,500 $8,750 $230,750
2023 $5,974 $207,275 $5,375 $201,900
2022 $4,357 $207,275 $5,375 $201,900
2021 $3,248 $207,275 $5,375 $201,900
2020 $3,248 $154,500 $8,900 $145,600
2019 $3,248 $154,500 $8,900 $145,600
2018 $2,585 $104,225 $8,900 $95,325
2017 $2,439 $104,225 $8,900 $95,325
2016 $2,439 $104,225 $8,900 $95,325
2015 -- $104,225 $8,900 $95,325
2014 $2,039 $104,025 $8,900 $95,125
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2093860

Realtracs

APN: 100-024.00