NOT LISTED FOR SALE

8531 Highway 57 W Unit 1 Ramer, TN 38367

Estimated Value: $59,000 - $146,000

3 Beds
1 Bath
100-999 Sq Ft
$86/Sq Ft Est. Value

Last Sold April 24, 2017

Last sale price $29,000 $29 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $497/month

35 Days on Market

Highlights

  • Separate Formal Living Room
  • Outdoor Storage
  • 1-Story Property
  • Some Wood Windows
  • Partially Carpeted

About This Home

As of April 2017

With this older home you will have 15 acres to roam on or hunt on. Lot of it is wooded with some old road going back into the property some. It would also be a great place to build your dream home.

Last Agent to Sell the Property

Carla Hall

Hall's Realty License #257528 Listed on: 03/09/2017

Last Buyer's Agent

Carla Hall

Hall's Realty License #257528 Listed on: 03/09/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $371

Year Built

  • Built in 1960

Lot Details

  • 15 Acre Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 100-999 Sq Ft Home
  • 880 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Separate Formal Living Room

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • All Upper Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Well
  • Septic Tank

Additional Features

  • Outdoor Storage
  • Ground Level

Home Details

Home Type

Single Family

Est. Annual Taxes

$371

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Attached Unit Type: Ground Level-Single Story
  • Detached Unit Type: General Residential
  • MLS Map #: 695A
  • List Price Per Sq Ft: 34
  • Number Of Stories: 1
  • Price Per Sq Ft: 32.95
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 880
  • Year Built: 1960
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up
  • Estimated Heated Sq Ft Range: 100-999
  • Bedroom 2 Description: Carpet
  • Bedroom 3 Description: Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet, Vinyl Floor
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Carpet

Exterior Features

  • Misc Exterior: Storage Building
  • Exterior Windows: Wood Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Water Sewer: Septic Tank, Well Water

Lot Info

  • Lot Description: Some Trees
  • Acreage: 15
  • Lot Size: 15
  • Price Per Acre: 1993

Multi Family

  • Number Of Rooms: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2024
Sold by
Rickman Mica and Rickman Wallace
Bought by
Fortune Kenny
Current Estimated Value
$84,293

Purchase Details

Listed on
Mar 9, 2017
Closed on
May 17, 2017
Sold by
Rickman Mica
Bought by
Wallace Rickman
Seller's Agent
Carla Hall
Hall's Realty
Buyer's Agent
Carla Hall
Hall's Realty
List Price
$29,900
Sold Price
$29,000
Premium/Discount to List
-$900
-3.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.46%
Original Mortgage
$24,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 9, 2017
Closed on
Apr 27, 2017
Bought by
Rickman Mica
Seller's Agent
Carla Hall
Hall's Realty
Buyer's Agent
Carla Hall
Hall's Realty
List Price
$29,900
Sold Price
$29,000
Premium/Discount to List
-$900
-3.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2017
Sold by
Kennedy Franklin Wayne
Bought by
Us Bank Trust Na Trustee and Lfs9 Master Participation

Purchase Details

Closed on
Feb 23, 2001
Sold by
Clara Bridges
Bought by
Franklin Kennedy
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 Buyer Sale Price Title Company
Fortune Kenny $60,000 None Listed On Document
Wallace Rickman -- --
Rickman Mica $29,000 --
Us Bank Trust Na Trustee $35,308 --
Franklin Kennedy $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fortune Colton $51,000
Previous Owner Rickman Mica $24,000
Previous Owner Wayne Kennedy Franklin $54,411
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2017 04/24/17 Sold $29,000 -3.0% $290 / Sq Ft
04/13/2017 04/13/17 Pending -- -- --
03/09/2017 03/09/17 For Sale $29,900 -- $299 / 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 $371 $23,525 $12,750 $10,775
2023 $371 $23,525 $12,750 $10,775
2022 $371 $23,525 $12,750 $10,775
2021 $305 $14,925 $9,850 $5,075
2020 $305 $14,925 $9,850 $5,075
2019 $254 $12,400 $9,850 $2,550
2018 $254 $12,400 $9,850 $2,550
2017 $238 $12,400 $9,850 $2,550
2016 $234 $11,650 $9,100 $2,550
2015 $243 $11,650 $9,100 $2,550
2014 $206 $9,850 $7,675 $2,175
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Carla Hall

    Hall's Realty

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9997296

Memphis Area Association of REALTORS®

APN: 127-013.00

Tennessee Mcnairy County Ramer 38367

8531 Highway 57 W Unit 1, Ramer, TN

This home is located at 8531 Highway 57 W Unit 1, Ramer, TN 38367 since 09 March 2017 and is currently estimated at $86,204, approximately $86 per square foot. This property was built in 1960. 8531 Highway 57 W Unit 1 is a home located in McNairy County with nearby schools including Ramer Elementary School, Michie Elementary School, and Selmer Elementary School.

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