$325,000
SOLD AUG 11, 2025

85 Gin Rd Michie, TN 38357

3 Beds
2.5 Baths
1,600-1,799 Sq Ft
5 Acres

Recently Sold

$181 Per Sq Ft

14% Below List Price

63 Days on Market

Highlights

  • Updated Kitchen
  • 2 Fireplaces
  • Breakfast Bar
  • Wooded Lot
  • Separate Formal Living Room
  • Central Heating and Cooling System

About This Home

As of August 2025

Remodeled 3 bedroom 2.5 bathroom brick home sitting on 5 acres. Home features new luxury vinyl plank flooring thru out, new fixtures, matching granite countertops on kitchen cabinets as well as bathroom vanities. New appliances Large unfinished basement Huge red iron shop Owner/Agent More land available

Last Agent to Sell the Property

Jamie Odle

BST Realty License #301268 Listed on: 05/09/2025

Last Buyer's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,622

Year Built

  • Built in 1979

Lot Details

  • 5 Acre Lot
  • Level Lot
  • Wooded Lot

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,669 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Separate Formal Living Room
  • Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Updated Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 6 Parking Spaces
  • Covered Parking

Utilities

  • Central Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,622

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Detached Unit Type: General Residential
  • MLS Map #: 696
  • Number Of Stories: 2
  • Price Per Sq Ft: 194.73
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1669
  • Year Built: 1979
  • List Price/ Sq Ft: 210
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Vinyl/Luxury Vinyl Floor
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Breakfast Bar, Washer/Dryer Connections
  • Number Of Fireplaces: 2
  • Total Bathrooms: 2.1

Garage/Parking

  • Number Covered Parking Spaces: 6
  • Parking Display: CG6AD
  • Parking Storage: More than 3 Coverd Spaces

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Wooded, Level
  • Acreage: 5
  • Lot Size: 5
  • Price Per Acre: 69980
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2025
Sold by
Williams Billy G and Williams Stanley
Bought by
Shambala Inc

Purchase Details

Closed on
Jan 16, 2025
Sold by
Williams Billy G
Bought by
2Hm Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.69%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 29, 1993

Purchase Details

Closed on
Feb 1, 1993
Bought by
Williams Billy G and Williams Maxine S

Purchase Details

Closed on
Mar 20, 1992
Bought by
Billy Billy G and Billy Maxine S

Purchase Details

Closed on
Feb 13, 1992

Purchase Details

Closed on
Apr 4, 1985

Purchase Details

Closed on
Mar 12, 1955
Bought by
Williams H B
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Executors Deed $500,000 None Listed On Document
Executors Deed $500,000 None Listed On Document
Executors Deed $500,000 None Listed On Document
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $500,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2025 08/11/25 Sold $325,000 -7.1% $203 / Sq Ft
07/11/2025 07/11/25 Pending -- -- --
07/02/2025 07/02/25 Price Changed $349,900 -2.8% $219 / Sq Ft
06/23/2025 06/23/25 Price Changed $359,900 -1.4% $225 / Sq Ft
06/07/2025 06/07/25 Price Changed $364,900 -1.4% $228 / Sq Ft
05/19/2025 05/19/25 Price Changed $369,900 -2.6% $231 / Sq Ft
05/09/2025 05/09/25 For Sale $379,900 -- $237 / Sq Ft
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
2024 $1,622 $92,700 $42,425 $50,275
2023 $1,622 $92,700 $42,425 $50,275
2022 $1,344 $65,225 $36,875 $28,350
2021 $1,344 $65,225 $36,875 $28,350
2020 $1,344 $65,225 $36,875 $28,350
2019 $1,344 $65,225 $36,875 $28,350
2018 $1,299 $65,225 $36,875 $28,350
2017 $1,238 $59,500 $30,900 $28,600
2016 $1,238 $59,500 $30,900 $28,600
2015 $1,083 $59,500 $30,900 $28,600
2014 $1,083 $59,500 $30,900 $28,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10196319

Memphis Area Association of REALTORS®

APN: 159-015.00