NOT LISTED FOR SALE

8116 Horton Hwy Unit 8116 Arrington, TN 37014

College Grove Neighborhood

Estimated Value: $991,000 - $2,439,956

40 Acres
$36,134 Price per Acre
1,730,203 Sq Ft Lot

Last Sold February 27, 2020

Last sale price $1,475,000 $711 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $8,549/month

75 Days on Market

Highlights

  • Lake View
  • 39.72 Acre Lot
  • No Heating
  • College Grove Elementary School Rated A
  • 40 Acres of Pasture

About This Lot

As of February 2020

Beautiful Gently Rolling Farm with Year Round Creek and Lake, Beautiful Pasture, Fenced and Cross Fenced, Buildings compatible for Horses, Circa 1900 Home, 1/4 Mile from I-840. Property is also in the I-840 Commercial Zoning Overlay. Incredible building Sites with Unbelievable Views. Currently in "Greenbelt" for taxes.

Last Agent to Sell the Property

Steve Cothran

Steve Cothran Realty, LLC License #275792 Listed on: 09/09/2019

Last Buyer's Agent

Sudhakar Reddy

License #309157

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,176

Lot Details

  • 39.72 Acre Lot
  • Property fronts a highway
  • Property is zoned Resid/Agri

Interior Spaces

  • Property has 3 Levels
  • Lake Views

Schools

  • College Grove Elementary School
  • Fred J Page Middle School
  • Fred J Page High School

Additional Features

  • 40 Acres of Pasture
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 094136 01700 00018136

Property Details

Property Type

Land

Est. Annual Taxes

$1,176

Lot Details

0

Listing Details

  • Prop. Type: Farm
  • Habitable Residence: No
  • Inclusions: LAND
  • 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: Highway
  • Road Surface Type: Asphalt
  • View: Lake
  • View: Yes
  • 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

Lot Info

  • Zoning: Resid/Agri
  • Lot Size Acres: 39.72
  • Lot Size Units: Acres
  • Parcel #: 094136 01700 00018136
  • Pasture Area: 39.72
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1176

MLS Schools

  • Elementary School: College Grove Elementary
  • High School: Fred J Page High School
  • Middle Or Junior School: Fred J Page Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2016
Sold by
Lynch Cecil and Lynch Carolyn
Bought by
The Cecil And Carolyn Lynch Real Estate
Current Estimated Value
$1,547,962

Purchase Details

Closed on
Sep 19, 2006
Sold by
Cothran John Alvin
Bought by
Cothran John Steven and Cothran Charles Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.36%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 18, 1997
Sold by
Cothran John A
Bought by
Lynch and Carolyn
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
The Cecil And Carolyn Lynch Real Estate -- Attorney
Cothran John Steven -- Land Title South Inc
Lynch $273,996 --
Steven Cothran John $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cothran John Steven $500,000
Closed Cothran John Steven $150,000
Closed Cothran John Steven $75,000
Previous Owner Cothran John A $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2020 02/27/20 Sold $1,475,000 -7.6% $711 / Sq Ft
11/23/2019 11/23/19 Pending -- -- --
09/09/2019 09/09/19 For Sale $1,596,000 -- $769 / 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 -- $60,325 $24,800 $35,525
2023 $0 $60,325 $24,800 $35,525
2022 $1,134 $60,325 $24,800 $35,525
2021 $4,798 $60,325 $24,800 $35,525
2020 $1,214 $54,675 $19,250 $35,425
2019 $1,214 $54,675 $19,250 $35,425
2018 $1,176 $54,675 $19,250 $35,425
2017 $1,176 $54,675 $19,250 $35,425
2016 $1,176 $54,675 $19,250 $35,425
2015 -- $44,825 $14,600 $30,225
2014 -- $44,825 $14,600 $30,225
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2079575

Realtracs

APN: 136-017.00