NOT LISTED FOR SALE

775 Ivy Lake Rd Morrison, TN 37357

Estimated Value: $750,000 - $1,133,000

114.22 Acres
$8,147 Price per Acre
4,975,424 Sq Ft Lot

Last Sold August 01, 2023

Last sale price $1,650,000 $383 Per Sq Ft

Est. 44% decrease in value since last sale

Current estimated payment $5,321/month

206 Days on Market

Highlights

  • Home fronts a creek
  • 90 Acres of Pasture
  • No Heating
  • 114.22 Acre Lot

About This Lot

As of August 2023

OWNER FINCANINING AVAILABLE. This 114+/- acre farm! The private estate home is filled w/ finer accoutrements throughout its 4300 +/- sqr ft, & offers plenty of rooms for everyone to have their own space. The sizable, finished basement has a private entrance, full bath, & separate garage for a possible private living arrangement. The 40x60 barn w/ 25' overhangs along w/the penning area & cattle working facility is ready to be the operations hub of it all. It has the ability to hold over 100 head of livestock w/established well water to every pasture. This is a VERY private setting w/ quick access to I-24, Manchester & Tullahoma, & just 45 minutes to Murfreesboro.

Last Agent to Sell the Property

Doug Austin (Doug Austin Team)

Benchmark Realty, LLC License # 301278 Listed on: 12/06/2022

Benchmark Realty, LLC

Last Buyer's Agent

Doug Austin (Doug Austin Team)

Benchmark Realty, LLC License # 301278 Listed on: 12/06/2022

Benchmark Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,432

Lot Details

  • 114.22 Acre Lot
  • Home fronts a creek
  • Home fronts a pond
  • Property fronts a county road
  • Property is zoned Agricult

Interior Spaces

  • Property has 3 Levels
  • Fire and Smoke Detector

Schools

  • Deerfield Elementary School
  • Coffee County Middle School
  • Coffee County Central High School

Additional Features

  • 90 Acres of Pasture
  • Septic Tank

Community Details

  • 114.22 Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 015 01400 000

Property Details

Property Type

Land

Est. Annual Taxes

$2,432

Lot Details

0

Listing Details

  • Prop. Type: Farm
  • Habitable Residence: No
  • Inclusions: LDBLG
  • Unit Levels: Three Or More
  • ResoPropertyType: Farm
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Fireplace: No
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet

Exterior Features

  • Pool Private: No
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt
  • View: No
  • Waterfront Features: Creek, Pond
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: No
  • Security: Smoke Detector(s)

Lot Info

  • Zoning: Agricult
  • Lot Size Acres: 114.22
  • Lot Size Units: Acres
  • Parcel #: 015 01400 000
  • Pasture Area: 90
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2432

MLS Schools

  • Elementary School: Deerfield Elementary School
  • High School: Coffee County Central High School
  • Middle Or Junior School: Coffee County Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2022
Closed on
Aug 1, 2023
Sold by
Williams Rob Andrew and Williams Kristy Hope
Bought by
Pierce Westwood Mary Ann and Allen Coombs David
Seller's Agent
Doug Austin (Doug Austin Team)
Benchmark Realty, LLC
Buyer's Agent
Doug Austin (Doug Austin Team)
Benchmark Realty, LLC
List Price
$1,699,900
Sold Price
$1,650,000
Premium/Discount to List
-$49,900
-2.94%
Views
136
Current Estimated Value
$930,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$719,464
Avg. Annual Appreciation
-32.92%

Purchase Details

Closed on
Jun 9, 2011
Bought by
Williams Rob Andrew and Williams Kristy Hope
Source: Public Records

Range of Values:

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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
Pierce Westwood Mary Ann $1,650,000 Momentum Title Llc
Williams Rob Andrew $41,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Rob A $322,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2023 08/01/23 Sold $1,650,000 0.0% $383 / Sq Ft
08/01/2023 08/01/23 Sold $1,650,000 -2.9% $383 / Sq Ft
06/30/2023 06/30/23 Pending -- -- --
06/30/2023 06/30/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $1,699,900 0.0% $395 / Sq Ft
06/02/2023 06/02/23 For Sale $1,699,900 +3.0% $395 / Sq Ft
06/02/2023 06/02/23 Off Market $1,650,000 -- --
06/02/2023 06/02/23 Off Market $1,650,000 -- --
12/06/2022 12/06/22 For Sale $1,699,900 0.0% $395 / Sq Ft
08/04/2022 08/04/22 Price Changed $1,699,900 -5.6% $395 / Sq Ft
06/30/2022 06/30/22 For Sale $1,799,900 -- $418 / 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
2024 $3,002 $128,800 $8,900 $119,900
2023 $2,638 $128,800 $0 $0
2022 $2,638 $113,150 $8,900 $104,250
2021 $2,432 $82,925 $6,850 $76,075
2020 $2,432 $82,925 $6,850 $76,075
2019 $2,432 $82,925 $6,850 $76,075
2018 $2,432 $82,925 $6,850 $76,075
2017 $2,390 $73,250 $6,550 $66,700
2016 $2,390 $73,250 $6,550 $66,700
2015 $2,390 $73,250 $6,550 $66,700
2014 $2,177 $66,711 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2464161

Realtracs

APN: 015-014.00