NOT LISTED FOR SALE

7590 Prospect Rd Prospect, TN 38477

Estimated Value: $280,000 - $333,000

4 Beds
2 Baths
1,746 Sq Ft
$174/Sq Ft Est. Value

Last Sold October 24, 2023

Last sale price $285,000 $163 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,672/month

44 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Gas Log Fireplace
  • 2 Car Detached Garage

About This Home

As of October 2023

Nice 4BR/2BA country home in a rural setting with beautiful hill views. Covered front porch with wood railings. Beautiful flooring, wood ceilings and a cozy gas fireplace in the living area. Kitchen has sliding door opening to the patio for entertaining and a doorway at the rear of the kitchen leads to the laundry room. Master Bedroom is on ground level with a full bath as well as an additional bedroom. 2 other bedrooms are upstairs and share another full bath. Bedrooms are quite large. Large yard with mature trees. Butane gas logs and heaters for backup heat source. House and 2 acres with gravel drive and a 2-car detached garage with front entry. Must see to appreciate!

Last Agent to Sell the Property

Jay Butler

Butler Realty License #61025 Listed on: 08/11/2023

Last Buyer's Agent

Luci Buschard

RE/MAX Unlimited License #82457

RE/MAX Unlimited

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $977

Year Built

  • Built in 1980

Lot Details

  • 2 Acre Lot

Parking

  • 2 Car Detached Garage
  • Front Facing Garage

Interior Spaces

  • 1,746 Sq Ft Home
  • Property has 1 Level
  • Gas Log Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Gilesco Elementary School
  • Giles County High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Metes And Bounds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 156029.04

Home Details

Home Type

Single Family

Est. Annual Taxes

$977

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Living Area: 1746
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2
  • Subdivision Name: Metes And Bounds
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Year Built: 1980
  • Kitchen Level: First
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 4
  • Levels: One and One Half
  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • ResoLivingAreaSource: Appraiser
  • Bathroom 2 Area: 40
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: Second
  • Bathroom 2 Level: Second
  • Room Bedroom2 Level: First

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Detached, Garage Faces Front, Two Car Garage

Utilities

  • Heating: Central 1, Electric
  • Cooling: Central 1, Electric
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Gilesco

Lot Info

  • Parcel Number: 156029.04
  • Lot Size Sq Ft: 87120
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Elkton
  • High School: Giles County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2023
Closed on
Oct 23, 2023
Sold by
Croft Everett D and Croft Mildred M
Bought by
Soehnel Clinton Howard and Soehnel Jessica Gabrielle
Seller's Agent
Jay Butler
Butler Realty
Buyer's Agent
Luci Buschard
RE/MAX Unlimited
List Price
$294,900
Sold Price
$285,000
Premium/Discount to List
-$9,900
-3.36%
Views
74
Current Estimated Value
$303,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,302
Avg. Annual Appreciation
3.04%
Original Mortgage
$276,450
Outstanding Balance
$271,075
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$32,227

Purchase Details

Listed on
Jun 12, 2019
Closed on
Aug 5, 2019
Sold by
Thomas Glen D
Bought by
Croft Everett D and Croft Mildred M
Seller's Agent
Lee Ann Mize
Bob White Realty
Buyer's Agent
Josh Duncan
Peoples Choice Realty, LLC
List Price
$179,900
Sold Price
$175,000
Premium/Discount to List
-$4,900
-2.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.25%
Original Mortgage
$171,830
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 4, 2011
Sold by
Green William Clarence
Bought by
Thomas Glen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,943
Interest Rate
4.77%

Purchase Details

Closed on
Jun 6, 2006
Sold by
Resolutions Llc
Bought by
Green William Clarence

Purchase Details

Closed on
Jan 30, 2006
Sold by
Wilburn John David
Bought by
Resolutions Llc

Purchase Details

Closed on
Oct 6, 1987
Bought by
Wilburn David

Purchase Details

Closed on
Aug 20, 1980

Purchase Details

Closed on
Jan 1, 1980
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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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
Soehnel Clinton Howard $285,000 None Listed On Document
Soehnel Clinton Howard $285,000 None Listed On Document
Croft Everett D $175,000 Giles T&E Svcs Llc
Thomas Glen D $122,500 --
Green William Clarence $90,000 --
Resolutions Llc $47,900 --
Wilburn David -- --
-- -- --
-- $1,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soehnel Clinton Howard $276,450
Closed Soehnel Clinton Howard $276,450
Previous Owner Croft Everett D $171,830
Previous Owner Thomas Glen D $126,943
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2023 10/24/23 Sold $285,000 0.0% $163 / Sq Ft
09/25/2023 09/25/23 Pending -- -- --
09/11/2023 09/11/23 Price Changed $284,900 -3.4% $163 / Sq Ft
08/23/2023 08/23/23 For Sale $294,900 0.0% $169 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
08/11/2023 08/11/23 Price Changed $294,900 +18.0% $169 / Sq Ft
08/11/2023 08/11/23 For Sale $249,900 +42.8% $143 / Sq Ft
08/05/2019 08/05/19 Sold $175,000 -2.7% $103 / Sq Ft View Prior Sale
06/23/2019 06/23/19 Pending -- -- --
06/12/2019 06/12/19 For Sale $179,900 -- $105 / Sq Ft
Source: ValleyMLS.com

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
2025 $977 $49,175 $0 $0
2024 $977 $49,175 $5,450 $43,725
2023 $977 $49,175 $5,450 $43,725
2022 $977 $49,175 $5,450 $43,725
2021 $901 $31,900 $2,900 $29,000
2020 $901 $31,900 $2,900 $29,000
2019 $621 $31,900 $2,900 $29,000
2018 $621 $22,000 $2,900 $19,100
2017 $621 $22,000 $2,900 $19,100
2016 $655 $22,050 $2,600 $19,450
2015 $611 $22,050 $2,600 $19,450
2014 $611 $22,031 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 1840983

ValleyMLS.com

APN: 156-029.04