NOT LISTED FOR SALE

721 Phelps Ln Ramer, TN 38367

Estimated Value: $135,000 - $272,000

2 Beds
1.5 Baths
1,600-1,799 Sq Ft
$118/Sq Ft Est. Value

Last Sold March 17, 2014

Last sale price $125,000 $69 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,156/month

52 Days on Market

Highlights

  • Barn or Stable
  • Lake On Lot
  • Traditional Architecture
  • Selmer Elementary School Rated 9+
  • Deck
  • Great Room

About This Home

As of March 2014

If you are looking from privacy, look no further. Log siding house on 20 acres, surrounded by woods, but also has open pasture for horses. Fenced, pond, barn, work shop. Open living area, with 2 bedrooms, movie room in basement. huge deck, gazebo.

Last Agent to Sell the Property

Peggy Griffin

Southern Realty Company License #271054 Listed on: 10/09/2013

Last Buyer's Agent

Peggy Griffin

Southern Realty Company License #271054 Listed on: 10/09/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1975

Lot Details

  • Landscaped
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,728 Sq Ft Home
  • 2-Story Property
  • Some Wood Windows
  • Great Room
  • Parquet Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom

Outdoor Features

  • Lake On Lot
  • Deck
  • Gazebo
  • Porch

Horse Facilities and Amenities

  • Barn or Stable

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Well
  • Electric Water Heater
  • Septic Tank

Home Details

Home Type

Single Family

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Freestanding: Yes
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1728
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 2
  • Bedrooms Down: 1
  • Floors/Ceilings: Parquet Floor
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Great Room, Eat-In Kitchen

Exterior Features

  • Misc Exterior: Porch, Deck, Gazebo, Barn/Stable
  • Exterior Windows: Wood Window(s)

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Window Unit(s)
  • Heating: Gas
  • Water Sewer: Electric Water Heater, Well Water, Septic Tank

Lot Info

  • Lot Description: Some Trees, Lake/Pond on Property, Landscaped
  • Lot Size: 20 acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2013
Closed on
Mar 17, 2014
Sold by
Roemer Robert
Bought by
Butler James B and Butler Cynthia E
Seller's Agent
Peggy Griffin
Southern Realty Company
Buyer's Agent
Peggy Griffin
Southern Realty Company
List Price
$149,900
Sold Price
$125,000
Premium/Discount to List
-$24,900
-16.61%
Current Estimated Value
$212,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,750
Avg. Annual Appreciation
4.58%
Original Mortgage
$125,000
Outstanding Balance
$94,322
Interest Rate
4.3%
Mortgage Type
VA
Estimated Equity
$118,428

Purchase Details

Closed on
Oct 29, 2013
Sold by
Roemer Leeanna M
Bought by
Roemer Robert

Purchase Details

Closed on
Jul 18, 2005
Sold by
Secretary Of Housing & Urb
Bought by
Roemer Robert W

Purchase Details

Closed on
Apr 11, 2005
Bought by
U S Dept Of Housing & Urba

Purchase Details

Closed on
May 18, 2001
Bought by
Pannell Anthony L and Greene Kimberly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,691
Interest Rate
7.11%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Butler James B $125,000 --
Roemer Robert -- --
Roemer Robert W $42,000 --
U S Dept Of Housing & Urba -- --
Pannell Anthony L $64,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butler James B $125,000
Previous Owner Pannell Anthony L $63,691
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2014 03/17/14 Sold $125,000 -16.6% $78 / Sq Ft
11/30/2013 11/30/13 Pending -- -- --
10/09/2013 10/09/13 For Sale $149,900 -- $94 / Sq Ft
Source: Memphis Area Association of REALTORS®

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
2025 $619 $39,275 $5,025 $34,250
2024 $444 $28,125 $4,275 $23,850
2023 $444 $28,125 $4,275 $23,850
2022 $444 $28,125 $4,275 $23,850
2021 $415 $20,275 $3,875 $16,400
2020 $415 $20,275 $3,875 $16,400
2019 $415 $20,275 $3,875 $16,400
2018 $415 $20,275 $3,875 $16,400
2017 $415 $20,275 $3,875 $16,400
2016 $407 $20,275 $3,875 $16,400
2015 $424 $20,275 $3,875 $16,400
2014 $339 $16,225 $3,500 $12,725
Source: Public Records

Agents Affiliated with this Home

  • Peggy Griffin

    Seller's Agent in 2014

    Peggy Griffin

    Southern Realty Company

    (731) 645-8878

    35 Total Sales

    Peggy Griffin
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3283926

Memphis Area Association of REALTORS®

APN: 161-053.03

Tennessee Mcnairy County Ramer 38367

721 Phelps Ln, Ramer, TN

Not Listed for Sale

Detached

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