NOT LISTED FOR SALE

649 Cullum Rd Munford, TN 38058

Estimated Value: $503,000 - $535,000

4 Beds
2.5 Baths
3,400-3,599 Sq Ft
$143/Sq Ft Est. Value

Last Sold April 15, 2020

Last sale price $314,000 $87 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,957/month

39 Days on Market

Highlights

  • Water Views
  • Sitting Area In Primary Bedroom
  • Colonial Architecture
  • Munford Elementary School Rated A-
  • 5 Acre Lot
  • Wood Flooring

About This Home

As of April 2020

Wonderful home in desired location. 5 beautiful acres includes a 1 acre stocked pond. Home has 4 bedrooms, 2 1/2 baths with plumbing to accommodate another full bath. Lovely 2nd level balcony has new composite floor. Master bedroom has separate cozy sitting room. Spacious office just off of the kitchen. Large laundry room with space for additional refrigerator. Upstairs HVAC unit is new. Tankless water heater. Owner will consider allowance for countertop upgrade.

Last Agent to Sell the Property

Leanna Dagen

Five Star Real Estate Services License #314464 Listed on: 01/26/2020

Last Buyer's Agent

Kaylee J. Oaks

Hometown Realty License #333626

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,654

Year Built

  • Built in 1994

Lot Details

  • 5 Acre Lot
  • Landscaped
  • Few Trees

Home Design

  • Colonial Architecture

Interior Spaces

  • 3,400-3,599 Sq Ft Home
  • 3,297 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Some Wood Windows
  • Great Room
  • Dining Room
  • Home Office
  • Loft
  • Water Views
  • Laundry Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Storm Doors
  • Iron Doors

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Garage Door Opener

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • Ballard Sec A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 127 127 00210

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,654

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Colonial
  • Detached Unit Type: General Residential
  • MLS Map #: 621B
  • MAAR Subdivision Name: BALLARD SEC A
  • List Price Per Sq Ft: 105
  • Number Of Stories: 2
  • Price Per Sq Ft: 95.24
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3297
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Half Bath Down
  • Estimated Heated Sq Ft Range: 3400-3599
  • Bedroom 2 Description: Level 2, Walk-In Closet, Shared Bath
  • Bedroom 3 Description: Level 2, Walk-In Closet
  • Bedroom 4 Description: Level 2
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Floors/Ceilings: Part Hardwood, Wood Laminate Floors, Part Carpet, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Double Oven, Cooktop, Dishwasher
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen, Pantry, Island In Kitchen
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Office/Sewing Room, Loft/Balcony, Attic
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Whirlpool Tub, Separate Shower
  • P R I M A R Y B E D R O O M: Level 1, Sitting Area

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Balcony
  • Exterior Windows: Wood Window(s), Storm Door(s)

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Gas

Lot Info

  • Lot Description: Some Trees, Water View, Landscaped
  • Lot Number: 11
  • Acreage: 5
  • Lot Size: 217,800
  • Price Per Acre: 69000

Multi Family

  • Number Of Rooms: 10

Tax Info

  • Assessor Parcel Number: 127 127 00210

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2020
Closed on
Apr 15, 2020
Sold by
Myers Leon W
Bought by
Hughes Lily K
Seller's Agent
Leanna Dagen
Five Star Real Estate Services
Buyer's Agent
Kaylee J. Oaks
Hometown Realty
List Price
$345,000
Sold Price
$314,000
Premium/Discount to List
-$31,000
-8.99%
Current Estimated Value
$515,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,551
Avg. Annual Appreciation
8.90%
Original Mortgage
$278,795
Outstanding Balance
$246,722
Interest Rate
2.75%
Mortgage Type
FHA
Estimated Equity
$247,914

Purchase Details

Closed on
Jul 28, 1994
Bought by
Myers Leon W and Myers Cheryl L

Purchase Details

Closed on
Mar 9, 1992
Bought by
Cullum Ronnie and Cullum Susan

Purchase Details

Closed on
Mar 4, 1989
Bought by
Forbess James Michael and Forbess Lola

Purchase Details

Closed on
May 12, 1988
Bought by
Ray Phillip W and Ray Diane M

Purchase Details

Closed on
May 16, 1987
Bought by
Ballard Wayne and Ballard Peggy A
Source: Public Records

Range of Values:

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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
Hughes Lily K $114,000 None Available
Myers Leon W $182,500 --
Cullum Ronnie $27,000 --
Forbess James Michael $23,000 --
Ray Phillip W -- --
Ballard Wayne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibson Lily K $100,000
Open Hughes Lily K $278,795
Previous Owner Myers Leon W $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2020 04/15/20 Sold $314,000 -9.0% $92 / Sq Ft
03/05/2020 03/05/20 Pending -- -- --
01/26/2020 01/26/20 For Sale $345,000 -- $101 / Sq Ft
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 $2,654 $111,875 $24,900 $86,975
2023 $2,654 $111,875 $24,900 $86,975
2022 $2,531 $78,850 $18,325 $60,525
2021 $2,531 $78,850 $18,325 $60,525
2020 $2,530 $78,850 $18,325 $60,525
2019 $2,395 $62,275 $16,925 $45,350
2018 $2,271 $62,275 $16,925 $45,350
2017 $2,271 $62,275 $16,925 $45,350
2016 $2,271 $62,275 $16,925 $45,350
2015 $2,269 $62,275 $16,925 $45,350
2014 $2,112 $62,258 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10069707

Memphis Area Association of REALTORS®

APN: 127-002.10