NOT LISTED FOR SALE

7450 Highway 118 Martin, TN 38237

Estimated Value: $231,000 - $337,000

3 Beds
2.5 Baths
2,196 Sq Ft
$135/Sq Ft Est. Value

Last Sold June 12, 2017

Last sale price $180,000 $82 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,665/month

199 Days on Market

Highlights

  • 27 Acre Lot
  • Living Room with Fireplace
  • Storm Windows
  • Pond
  • Corner Lot
  • Brick or Stone Mason

About This Home

As of June 2017

Beautiful country home on 27 ac with 5 well maintained outbuildings, newly fenced and cross fenced pasture with pond. House has metal roof, maximum insulation, fireplace, central HVAC, all appliances, attractive front entry and rear patio with fireplace. It takes a lifetime to create a property with all these amenities. Take advantage of this opportunity to buy a move in ready property in rural Weakley County.

Last Agent to Sell the Property

NELDA BUSHART

NCB REALTORS Listed on: 10/29/2016

Last Buyer's Agent

NELDA BUSHART

NCB REALTORS Listed on: 10/29/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $595

Year Built

  • Built in 1950

Lot Details

  • 27 Acre Lot
  • Corner Lot
  • Level Lot
  • Irregular Lot

Parking

  • 3 Car Garage

Home Design

  • Brick or Stone Mason
  • Metal Roof

Interior Spaces

  • 2,196 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Vinyl Flooring
  • Crawl Space
  • Storm Windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Additional Features

  • Pond
  • Outside City Limits

Listing and Financial Details

  • Assessor Parcel Number 34

Home Details

Home Type

Single Family

Est. Annual Taxes

$595

Year Built

Built in 1950

Lot Details

0

Parking

3

Listing Details

  • Exclusions: No
  • Year Built: 1950
  • Property Sub-Type: Single Family - > 5 Ac.
  • PropertyType: Residential
  • LotFeatures: Corner Lot, Level Lot, Pond(s)
  • Lot Size Acres: 27
  • Road Surface Type: Paved
  • Co List Office Phone: 731-335-4770
  • MLS Status: Sold
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Owner
  • Fireplace Features: Living Room, Wood Burning
  • Window Features: Standard With Storm
  • ResoBuildingAreaSource: Owner
  • MasterBedroom: Main
  • Sign YN: Yes
  • TermiteContract: Unknown
  • RealEstateOwnedYN: No
  • HeatedSquareFootage: 2196
  • GarageTypeOutbuildings: Carport Detached,Garage Detached
  • Irregular: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Vinyl
  • Stories: 1

Exterior Features

  • Roof: Metal
  • Construction Type: Brick
  • Foundation Details: Crawl Space

Garage/Parking

  • Garage Spaces: 3

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Electric
  • Heating: Central Gas
  • Water Source: Well

Schools

  • Junior High Dist: Dresden

Lot Info

  • Parcel Number: 34
  • LotLocation: Out of City Limits

Tax Info

  • Tax Map Number: 014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2016
Closed on
Jun 12, 2017
Sold by
Owens Thomas W and Owens Vickie L
Bought by
Jones John W
Seller's Agent
NELDA BUSHART
NCB REALTORS
Buyer's Agent
NELDA BUSHART
NCB REALTORS
List Price
$197,500
Sold Price
$180,000
Premium/Discount to List
-$17,500
-8.86%
Current Estimated Value
$296,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,946
Avg. Annual Appreciation
6.26%
Original Mortgage
$86,000
Interest Rate
4.03%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 15, 2004
Sold by
Rose Clifton
Bought by
Owens Thomas W
Source: Public Records

Range of Values:

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Average Value
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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
Jones John W $180,000 None Available
Owens Thomas W $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones John William $183,000
Closed Jones John W $100,000
Closed Jones John W $45,000
Closed Jones John W $86,000
Previous Owner Owens Thomas W $122,927
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2017 06/12/17 Sold $180,000 -8.9% $82 / Sq Ft
05/15/2017 05/15/17 Pending -- -- --
10/28/2016 10/28/16 For Sale $197,500 -- $90 / Sq Ft
Source: Reelfoot Regional 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 $595 $43,400 $15,300 $28,100
2023 $595 $43,400 $15,300 $28,100
2022 $617 $31,300 $11,575 $19,725
2021 $617 $31,300 $11,575 $19,725
2020 $617 $31,300 $11,575 $19,725
2019 $617 $31,300 $11,575 $19,725
2018 $617 $31,300 $11,575 $19,725
2017 $671 $31,500 $9,125 $22,375
2016 $671 $31,500 $0 $0
2015 $671 $31,503 $0 $0
2014 $671 $31,503 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Reelfoot Regional Association of REALTORS®

MLS Number: RRA38632

Reelfoot Regional Association of REALTORS®

APN: 014-034.00