NOT LISTED FOR SALE

8061 Sparta Hwy Sparta, TN 38583

Estimated Value: $260,000 - $364,000

3 Beds
1 Bath
1,384 Sq Ft
$209/Sq Ft Est. Value

Last Sold November 15, 2021

Last sale price $206,000 $149 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,620/month

26 Days on Market

About This Home

As of November 2021

Located within minutes of Center Hill Lake, and several marinas, this early 1900s Farm House would make the perfect vacation home, AirB&B, or even a primary residence. This farm house setting features 1384sqft with 2 bedrooms on the main level, 1 full bathroom, living room, kitchen with gas range, separate dining room, plus a large 3rd bedroom(3rd is not heated or cooled) and two deep storage closets on the second level. The property offers 11.57 acres Being Sold AS IS WHERE IS.

Last Agent to Sell the Property

Natalie Hester

Real Estate Professionals of Tennessee License #355711 Listed on: 08/27/2021

Last Buyer's Agent

Gina Denman

Center Hill Realty License #338526

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,026

Year Built

1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Above Grade Finished Sq Ft: 1384
  • Carport Y N: No
  • Directions: From PCCH: S on Jefferson, and take Highway 111S towards Sparta; Take exit US 70 and turn Right into US 70/Sparta Highway; Property approx 11 miles on Right.
  • Garage Yn: No
  • Lot Size: SURVEY
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Subdivision Name: none
  • Year Built Details: EXIST
  • Special Features: None
  • Stories: 2
  • Year Built: 1925

Interior Features

  • Appliances: Dryer, Washer
  • Has Basement: Other
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Main Level Bedrooms: 3

Exterior Features

  • Roof: Metal
  • Exterior Features: Storage
  • Construction Type: Aluminum Siding
  • Fencing: Partial
  • Lot Features: Rolling Slope
  • Patio And Porch Features: Covered Porch
  • Pool Private: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: STEP System
  • Water Source: Private

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Smithville Elementary
  • High School: DeKalb Co High School
  • Middle Or Junior School: Northside Elementary

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 603

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2021
Closed on
Nov 12, 2021
Sold by
Weatherspoon Jayce Michael
Bought by
Gibbs Jana L and Gibbs James M
Seller's Agent
Natalie Hester
Real Estate Professionals of Tennessee
Buyer's Agent
Gina Denman
Center Hill Realty
List Price
$250,000
Sold Price
$206,000
Premium/Discount to List
-$44,000
-17.6%
Current Estimated Value
$289,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,051
Avg. Annual Appreciation
9.03%
Original Mortgage
$10,300
Outstanding Balance
$9,405
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$279,646

Purchase Details

Closed on
Jun 21, 2021
Sold by
Gannaway Louise
Bought by
Weatherspoon Jayce Michael

Purchase Details

Closed on
Aug 27, 2019
Sold by
Ward James
Bought by
Weatherspoon Jayce Michael and Gannaway Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,212
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2007
Sold by
1700 Big Timber Rd Llc
Bought by
Ward James

Purchase Details

Closed on
Oct 20, 2005
Bought by
1700 Big Timber Rd Llc
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
Gibbs Jana L $206,000 --
Weatherspoon Jayce Michael -- --
Weatherspoon Jayce Michael $115,000 --
Ward James -- --
1700 Big Timber Rd Llc $91,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibbs Jana L $10,300
Open Gibbs Jana L $202,268
Previous Owner Weatherspoon Jayce Michael $121,212
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2021 11/15/21 Sold $206,000 -17.6% $149 / Sq Ft
09/23/2021 09/23/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $250,000 -- $181 / 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 $1,026 $40,875 $28,475 $12,400
2023 $818 $40,875 $28,475 $12,400
2022 $707 $40,875 $28,475 $12,400
2021 $707 $40,875 $28,475 $12,400
2020 $603 $40,875 $28,475 $12,400
2019 $603 $28,400 $18,975 $9,425
2018 $521 $28,400 $18,975 $9,425
2017 $521 $28,400 $18,975 $9,425
2016 $521 $28,400 $18,975 $9,425
2015 $460 $28,400 $18,975 $9,425
2014 $456 $28,125 $18,975 $9,150
2013 $456 $28,125 $18,975 $9,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2285891

Realtracs

APN: 052-042.00