NOT LISTED FOR SALE

850 Lake Trail Loop Selmer, TN 38375

Estimated Value: $271,377 - $399,000

4 Beds
2 Baths
2,000-2,199 Sq Ft
$145/Sq Ft Est. Value

Last Sold February 22, 2013

Last sale price $165,000 $75 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $1,850/month

Highlights

  • Newly Remodeled
  • Wooded Lot
  • Wood Flooring
  • Wood Burning Stove
  • Vaulted Ceiling
  • Main Floor Primary Bedroom

About This Home

As of February 2013

This home is located at 850 Lake Trail Loop, Selmer, TN 38375 since 31 January 2013 and is currently estimated at $318,594, approximately $159 per square foot. This property was built in 2012. 850 Lake Trail Loop is a home located in McNairy County with nearby schools including Selmer Elementary School, Bethel Springs Elementary School, and Ramer Elementary School.

Last Listed By

Judy McLean

Farm & Home Realty License #257026 Listed on: 01/31/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $791

Year Built

  • Built in 2012 | Newly Remodeled

Lot Details

  • Landscaped
  • Wooded Lot

Home Design

  • Composition Shingle Roof
  • Vinyl Siding
  • Pier And Beam

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,525 Sq Ft Home
  • 1.5-Story Property
  • Popcorn or blown ceiling
  • Vaulted Ceiling
  • Wood Burning Stove
  • Separate Formal Living Room
  • Dining Room
  • Bonus Room
  • Attic Access Panel

Kitchen

  • Self-Cleaning Oven
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Monitored
  • Fire and Smoke Detector
  • Termite Clearance

Parking

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

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Central Hills Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$791

Year Built

Built in 2012 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Detached Unit Type: General Residential
  • MLS Map #: 695A
  • Est Date Of Completion: 01/18/2013
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 65.35
  • Prop Construction Status: New Construction (Never Occupied)
  • Estimated Sq Ft: 2525
  • Termite Contract: Yes
  • Year Built: 2012
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room
  • Second Story Floor Plan: 4th or More Bedrooms
  • Additional Bedroom Bathroom Info: Primary Down, Vaulted/Coffered Primary, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedroom 2 Description: Hardwood Floor, Shared Bath, Level 1
  • Bedroom 3 Description: Shared Bath, Level 1
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Textured Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Self Cleaning Oven, Dishwasher, Refrigerator, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Pantry, Washer/Dryer Connections
  • Misc Interior: Walk-In Closet(s), Attic Access, Security System, Smoke Detector(s), Monitored Alarm
  • Other Rooms: Laundry Room, Bonus Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Separate Shower, Tile Floor, Whirlpool Tub
  • P R I M A R Y B E D R O O M: Full Bath, Hardwood Floor, Level 1, Vaulted/Coffered Ceiling, Walk-In Closet

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Vinyl Siding, R-Factor (See Remarks)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Circular Drive, Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central, Electric Heat Pump, Wood Stove
  • Water Sewer: Electric Water Heater, Public Water, Septic Tank

Lot Info

  • Lot Description: Wooded, Landscaped
  • Lot Number: 60
  • Lot Size: 1.0

Multi Family

  • Number Of Rooms: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2013
Closed on
Feb 22, 2013
Sold by
Reaves Joe
Bought by
Nichols Gary N and Nichols Melanie D
Seller's Agent
Judy McLean
Farm & Home Realty
Buyer's Agent
Judy McLean
Farm & Home Realty
List Price
$165,000
Sold Price
$165,000
Total Days on Market
0
Current Estimated Value
$318,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,594
Avg. Annual Appreciation
4.68%
Original Mortgage
$168,367
Outstanding Balance
$120,663
Interest Rate
3.43%
Mortgage Type
Commercial
Estimated Equity
$168,553

Purchase Details

Closed on
Jul 18, 2008
Bought by
Reaves Joe

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 Buyer Sale Price Title Company
Nichols Gary N $165,000 --
Reaves Joe $352,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nichols Gary N $168,367
Previous Owner Reaves Joe $121,594
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2013 02/22/13 Sold $165,000 0.0% $83 / Sq Ft
01/31/2013 01/31/13 Pending -- -- --
01/31/2013 01/31/13 For Sale $165,000 -- $83 / 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 $791 $50,175 $2,300 $47,875
2023 $791 $50,175 $2,300 $47,875
2022 $791 $50,175 $2,300 $47,875
2021 $886 $43,300 $2,550 $40,750
2020 $886 $43,300 $2,550 $40,750
2019 $886 $43,300 $2,550 $40,750
2018 $886 $43,300 $2,550 $40,750
2017 $886 $43,300 $2,550 $40,750
2016 $869 $43,300 $2,550 $40,750
2015 $905 $43,300 $2,550 $40,750
2014 $844 $40,375 $2,600 $37,775
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Judy McLean

    Farm & Home Realty

    (731) 610-6851

    69 Total Sales

    Judy McLean
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3264328

Memphis Area Association of REALTORS®

APN: 090O-A-060.00

Tennessee Mcnairy County Selmer 38375

850 Lake Trail Loop, Selmer, TN

Homes for Sale in Selmer, TN

This home is located at 850 Lake Trail Loop, Selmer, TN 38375 since 31 January 2013 and is currently estimated at $318,594, approximately $144 per square foot. This property was built in 2012. 850 Lake Trail Loop is a home located in McNairy County with nearby schools including Selmer Elementary School, Bethel Springs Elementary School, and Ramer Elementary School.

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