NOT LISTED FOR SALE

5923 Grimes Rd Loudon, TN 37774

Estimated Value: $170,000 - $282,000

2 Beds
2 Baths
1,342 Sq Ft
$183/Sq Ft Est. Value

Last Sold October 28, 2016

Last sale price $117,000 $87 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $1,421/month

74 Days on Market

Highlights

  • Wooded Lot
  • Cottage
  • Patio
  • 1 Fireplace
  • Cooling Available
  • Ceiling Fan

About This Home

As of October 2016

This adorable cottage style home sits on a gorgeous, mostly level 1.78 acres with mature trees. This quaint home features a charming front porch, eat-in kitchen, spacious sunroom, large master bath with closet, ceiling fans in every room, two storage sheds, a riding mower and washer and dryer, new roof in 2011 and new septic in 2013. Seller will also be providing a one year home warranty with an excepted offer. Come and make this your home and enjoy exquisite year round seasonal views, with beautiful fall colors and spring and summer flowers.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $455

Year Built

  • Built in 1960

Lot Details

  • 1.78 Acre Lot
  • Level Lot
  • Wooded Lot

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1,342 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • 1 Fireplace
  • Crawl Space

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 056 08400 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$455

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 1960
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bedroom Main Floor
  • Appliances: Refrigerator
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Wood, Laminate
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 1342
  • Building Area Units: Square Feet
  • Living Area: 1342
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Storage Building
  • Construction Type: Aluminum Siding, Vinyl Siding, Other
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Wooded, Corner Lot, Other, Level, Rolling Slope
  • Lot Size Acres: 1.78
  • Lot Size Units: Acres
  • Parcel #: 056 08400 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 455

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2016
Closed on
Oct 28, 2016
Sold by
Lemons Julee L
Bought by
Lyday Richard W
List Price
$125,000
Sold Price
$117,000
Premium/Discount to List
-$8,000
-6.4%
Total Days on Market
74
Current Estimated Value
$246,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,149
Avg. Annual Appreciation
8.71%
Original Mortgage
$114,880
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 30, 2006
Sold by
Pitts Lewis B
Bought by
Lemons Julee L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.51%

Purchase Details

Closed on
Oct 29, 2004
Sold by
Morris James E
Bought by
Pitts Lewis B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,905
Interest Rate
5.65%
Source: Public Records

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Range of Values:

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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
Lyday Richard W $117,000 --
Lemons Julee L $110,000 --
Pitts Lewis B $99,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lyday Richard W $118,000
Closed Lyday Richard Wade $114,994
Closed Lyday Richard W $114,880
Previous Owner Lemons Julee L $76,000
Previous Owner Lemons Julee L $75,000
Previous Owner Pitts Lewis B $94,905
Previous Owner Morris Libbie L $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2016 10/28/16 Sold $117,000 -6.4% $87 / Sq Ft
10/20/2016 10/20/16 Pending -- -- --
08/07/2016 08/07/16 For Sale $125,000 -- $93 / 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
2023 $471 $31,050 $0 $0
2022 $0 $31,050 $7,550 $23,500
2021 $442 $31,050 $7,550 $23,500
2020 $442 $31,050 $7,550 $23,500
2019 $442 $24,500 $7,550 $16,950
2018 $442 $24,500 $7,550 $16,950
2017 $442 $24,500 $7,550 $16,950
2016 $455 $24,500 $8,900 $15,600
2015 $455 $24,500 $8,900 $15,600
2014 $455 $24,500 $8,900 $15,600
Source: Public Records

Map

Source: Realtracs

MLS Number: 2861995

Realtracs

APN: 056-084.00