NOT LISTED FOR SALE

855 Highway 118 Dresden, TN 38225

Estimated Value: $56,000 - $224,000

8 Beds
2 Baths
3,408 Sq Ft
$49/Sq Ft Est. Value

Last Sold April 03, 2020

Last sale price $120,000 $35 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,032/month

777 Days on Market

Highlights

  • 1.9 Acre Lot
  • Wood Flooring
  • Lot Has A Rolling Slope
  • Traditional Architecture
  • Storm Windows
  • 1-Story Property

About This Home

As of April 2020

2 - Duplexes on ONE (1) LOT. 2 Bedr 1 Bath each side. currently rented month/month. Information deemed reliable but not guaranteed.

Last Agent to Sell the Property

Former Agent - FULM

FULLER PARTNERS REAL ESTATE, INC. Brokerage Phone: 731-587-3157 Listed on: 12/04/2017

Last Buyer's Agent

NON AGENT

NON MEMBER

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 1.9 Acre Lot
  • Lot Has A Rolling Slope

Home Design

  • Duplex
  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 8 Bedrooms
  • 3,408 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Storm Windows

Flooring

  • Wood
  • Vinyl

Listing and Financial Details

  • Assessor Parcel Number 39.01

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Exclusions: No
  • Year Built: 1980
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • LotFeatures: Rolling Property
  • Lot Size Acres: 1.9
  • Road Surface Type: Paved
  • Attribution Contact: MAIN: 731-587-3157
  • Co List Office Phone: 731-587-3157
  • MLS Status: Sold
  • Architectural Style: Traditional
  • ResoBuildingAreaSource: Tax Record
  • Window Features: Standard With Storm
  • Sign YN: Yes
  • TermiteContract: No
  • Financing Terms: Cash
  • RealEstateOwnedYN: No
  • HeatedSquareFootage: 3408
  • TotalSquareFootage: 3888
  • UtilitiesPaidBy: All By Tenant
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 8
  • Flooring: Hardwood, Vinyl
  • Stories: 1

Exterior Features

  • Roof: Asphalt
  • Construction Type: Vinyl Siding
  • Foundation Details: Crawl Space

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: None

Schools

  • Junior High Dist: Dresden

Lot Info

  • Parcel Number: 39.01
  • LotLocation: In City Limits

Rental Info

  • Lease Term: Month To Month

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Map Number: 89

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2022
Sold by
R & M Sales And Rentals Llc
Bought by
Cole Martha L
Current Estimated Value
$165,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 4, 2017
Closed on
Apr 3, 2020
Sold by
Patel Suresh and Patel Subhadra
Bought by
R M Sales And Rentals Llc
Seller's Agent
Former Agent - FULM
FULLER PARTNERS REAL ESTATE, INC.
Buyer's Agent
NON AGENT
NON MEMBER
List Price
$150,000
Sold Price
$120,000
Premium/Discount to List
-$30,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%
Original Mortgage
$107,967
Interest Rate
3.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 15, 2000
Bought by
Patel Suresh
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
Cole Martha L $125,000 --
R M Sales And Rentals Llc $120,000 None Available
Patel Suresh $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cole Martha L $152,000
Previous Owner R M Sales And Rentals Llc $107,967
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2020 04/03/20 Sold $120,000 -7.6% $35 / Sq Ft
11/27/2019 11/27/19 Price Changed $129,900 -13.4% $38 / Sq Ft
12/04/2017 12/04/17 For Sale $150,000 -- $44 / Sq Ft
Source: Reelfoot Regional 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 -- $67,520 $7,840 $59,680
2023 $1,649 $67,520 $7,840 $59,680
2022 $1,635 $47,320 $4,960 $42,360
2021 $1,635 $47,320 $4,960 $42,360
2020 $1,635 $47,320 $4,960 $42,360
2019 $1,635 $47,320 $4,960 $42,360
2018 $1,588 $47,320 $4,960 $42,360
2017 $1,605 $44,200 $3,560 $40,640
2016 $1,605 $44,200 $0 $0
2015 $1,605 $44,211 $0 $0
2014 $1,605 $44,211 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2020

    Former Agent - FULM

    FULLER PARTNERS REAL ESTATE, INC.

  • N

    Buyer's Agent in 2020

    NON AGENT

    NON MEMBER

See All Agents

Map

Source: Reelfoot Regional Association of REALTORS®

MLS Number: RRA40114

Reelfoot Regional Association of REALTORS®

APN: 089-039.01

Tennessee Weakley County Dresden 38225

855 Highway 118, Dresden, TN

This home is located at 855 Highway 118, Dresden, TN 38225 since 04 December 2017 and is currently estimated at $165,611, approximately $48 per square foot. This property was built in 1980. 855 Highway 118 is a home located in Weakley County.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Reelfoot Regional Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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