NOT LISTED FOR SALE

8055 Rankin Branch Rd Millington, TN 38053

Estimated Value: $248,641 - $272,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$145/Sq Ft Est. Value

Last Sold February 08, 2022

Last sale price $235,000 $131 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,504/month

Highlights

  • Garage Apartment
  • Covered Patio or Porch
  • 2 Car Attached Garage
  • Separate Formal Living Room
  • Some Wood Windows
  • Storm Windows

About This Home

As of February 2022

Whaaat? Yes! House AND detached 1Br/1Bth Apartment on 2 acres! All this for under $250,000.00 asking price! Needs some TLC? Sure it does. But oh my goodness the potential. Want in laws close but not that close, college student attending locally? Need I say more! Go ahead, blink again and you'll miss it! Being sold As-Is, Where Is. Sellers will make no repairs. Piano in pictures does not convey.

Last Agent to Sell the Property

Dave Tatum

eXp Realty, LLC License #293036 Listed on: 12/24/2021

eXp Realty, LLC

Last Buyer's Agent

Jule` Dunham

Five Star Real Estate Services License #348417

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,469

Year Built

  • Built in 1978

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 150x580
  • Level Lot
  • Few Trees

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,616 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Some Wood Windows
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Dining Room
  • Storage Room
  • Attic Fan
  • Storm Windows

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Apartment
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • 220 Volts

Community Details

  • L.V.Durham Subv Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0114 O00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,469

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Detached Unit Type: General Residential
  • MLS Map #: 721C
  • MAAR Subdivision Name: L V DURHAM
  • List Price Per Sq Ft: 154
  • Number Of Stories: 1
  • Price Per Sq Ft: 145.42
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1616
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Porch, Patio, Covered Patio, Garage Apartment
  • Exterior Windows: Brick Veneer, Wood/Composition, Aluminum Window(s), Storm Window(s)

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Storage Room(s), Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, Window Unit(s), Attic Fan, Ceiling Fan(s), 220 Wiring
  • Heating: Central, Gas, Wall Unit

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 3
  • Acreage: 2
  • Lot Size: 150X580
  • Price Per Acre: 124750

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: D0114 O00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 24, 2021
Closed on
Feb 2, 2022
Sold by
Annie R Mclean Irrevocable Trust
Bought by
Brock Nina Scharmayne
Seller's Agent
Dave Tatum
eXp Realty, LLC
Buyer's Agent
Jule` Dunham
Five Star Real Estate Services
List Price
$249,500
Sold Price
$235,000
Premium/Discount to List
-$14,500
-5.81%
Current Estimated Value
$260,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,660
Avg. Annual Appreciation
4.38%

Purchase Details

Closed on
Mar 23, 2016
Sold by
Mclean Annie Ruth
Bought by
Mclean Jeffrey Darnell and Annie R Mclean Irrevocable Trust
Source: Public Records

Range of Values:

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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
Brock Nina Scharmayne $235,000 Edco Title & Closing Services
Mclean Jeffrey Darnell -- None Available
Mclean Annie Ruth -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2022 02/08/22 Sold $235,000 -5.8% $147 / Sq Ft
01/27/2022 01/27/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $249,500 +6.2% $156 / Sq Ft
12/24/2021 12/24/21 Off Market $235,000 -- --
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
2025 $1,469 $56,475 $7,100 $49,375
2024 $1,469 $43,325 $6,225 $37,100
2023 $1,469 $43,325 $6,225 $37,100
2022 $1,469 $43,325 $6,225 $37,100
2021 $1,334 $38,675 $6,225 $32,450
2020 $1,096 $27,050 $5,650 $21,400
2019 $1,096 $27,050 $5,650 $21,400
2018 $1,096 $27,050 $5,650 $21,400
2017 $1,112 $27,050 $5,650 $21,400
2016 $1,100 $25,175 $0 $0
2014 $1,100 $25,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dave Tatum

    Seller's Agent in 2022

    Dave Tatum

    eXp Realty, LLC

    (901) 229-1495

    29 Total Sales

    Dave Tatum
    Section Image
  • Jule` Dunham

    Buyer's Agent in 2022

    Jule` Dunham

    Five Star Real Estate Services

    (901) 828-8471

    18 Total Sales

    Jule` Dunham
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10115517

Memphis Area Association of REALTORS®

APN: D0-114-O-00003

Tennessee Shelby County Millington 38053

8055 Rankin Branch Rd, Millington, TN

This home is located at 8055 Rankin Branch Rd, Millington, TN 38053 since 24 December 2021 and is currently estimated at $260,660, approximately $144 per square foot. This property was built in 1978. 8055 Rankin Branch Rd is a home located in Shelby County with nearby schools including E.E. Jeter Elementary School, Trezevant High School, and Lighthouse Christian Academy.

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