NOT LISTED FOR SALE

8240 Malachi Ln Unit 8242 Arrington, TN 37014

College Grove Neighborhood

Estimated Value: $1,141,000

28.2 Acres
$40,461 Price per Acre
1,228,392 Sq Ft Lot

Last Sold December 16, 2015

Last sale price $955,000 $592 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,878/month

191 Days on Market

About This Lot

As of December 2015

***JUST REDUCED*** LOCATION, LOCATION, LOCATION. Get this I-840 Exchange Property on ground level while prices are still low. Price is for land only. Property has home, barns, large lake and 28.2 level acres. Zoned Agricultural.

Last Agent to Sell the Property

Keith Jones

Benchmark Realty, LLC License # 308815 Listed on: 05/04/2015

Benchmark Realty, LLC

Last Buyer's Agent

NONMLS NONMLS

License #2211

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,727

Lot Details

Additional Features

  • 1,612 Sq Ft Home
  • Property is zoned Agricultur

Property Details

Property Type

Land

Est. Annual Taxes

$10,727

Lot Details

0

Interior Features

  • Total Sq Ft: 1612

Lot Info

  • Acres: 28.200
  • Zoning: Agricultur

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2015
Closed on
Dec 16, 2015
Sold by
Cloud Juanita and Halmayr Thelma Rebecca
Bought by
Lewis Blaine
Seller's Agent
Keith Jones
Benchmark Realty, LLC
Buyer's Agent
NONMLS NONMLS
List Price
$1,000,000
Sold Price
$955,000
Premium/Discount to List
-$45,000
-4.5%
Current Estimated Value
$1,141,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,000
Original Mortgage
$716,250
Outstanding Balance
$566,975
Interest Rate
3.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 22, 2011
Sold by
Johnson Malachi
Bought by
Johnson Malachi and Johnson Decedents Trust

Purchase Details

Closed on
May 23, 2000
Sold by
Johnson Malachi and Johnson Evie
Bought by
Johnson Malachi and Johnson Evie
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lewis Blaine -- Attorney
Lewis Blaine $955,000 Southland Title & Escrow Co
Johnson Malachi -- None Available
Johnson Malachi -- None Available
Johnson Malachi -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Blaine $716,250
Closed Lewis Blaine $716,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2015 12/16/15 Sold $955,000 -4.5% $592 / Sq Ft
11/11/2015 11/11/15 Pending -- -- --
05/04/2015 05/04/15 For Sale $1,000,000 -- $620 / 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
2025 $10,727 $842,000 $336,000 $506,000
2024 $10,727 $570,600 $180,000 $390,600
2023 $10,727 $570,600 $180,000 $390,600
2022 $10,727 $570,600 $180,000 $390,600
2021 $10,727 $570,600 $180,000 $390,600
2020 $10,184 $458,760 $120,000 $338,760
2019 $10,184 $458,760 $120,000 $338,760
2018 $9,863 $458,760 $120,000 $338,760
2017 $868 $40,350 $19,025 $21,325
2016 $0 $40,350 $19,025 $21,325
2015 -- $35,250 $14,400 $20,850
2014 -- $35,250 $14,400 $20,850
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Realtracs

MLS Number: RTC1419811

Realtracs

APN: 113-081.00