NOT LISTED FOR SALE

887 Payne Rd Bethel Springs, TN 38315

Estimated Value: $118,000 - $153,670

2 Beds
1 Bath
1,200-1,399 Sq Ft
$99/Sq Ft Est. Value

Last Sold December 04, 2015

Last sale price $59,900 $43 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $785/month

2 Days on Market

Highlights

  • Traditional Architecture
  • Bonus Room
  • 2 Car Detached Garage
  • Separate Formal Living Room
  • Circular Driveway
  • Eat-In Kitchen

About This Home

As of December 2015

BELOW TAX VALUE-- 2BD/ 1BA STONE HOME W/ 2 CAR DETACHED GARAGE ON SITTING ON 5.4 ACRES - It's a fixer upper and will need some work. It has a living room, family room and a possible 3rd bedroom, It has a 28 X 32 detached 2 car garage with carport on back and a pretty solid built dog house. It also has a newer central air unit. Would make a great area for horses, goats, chickens or other animals. Approximately 500ft of road frontage. - CALL TODAY!!@

Last Agent to Sell the Property

Timothy Crane

2 Cranes Realty License #319481 Listed on: 12/02/2015

Last Buyer's Agent

Timothy Crane

2 Cranes Realty License #319481 Listed on: 12/02/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $411

Year Built

  • Built in 1978

Lot Details

  • 5.4 Acre Lot
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,350 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Bonus Room
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Circular Driveway

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$411

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 695A
  • List Price Per Sq Ft: 44
  • Number Of Stories: 1
  • Price Per Sq Ft: 44.37
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1350
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Carpet, Vinyl Floor
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen, Washer/Dryer Connections
  • Other Rooms: Bonus Room
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Storage Building
  • Exterior Windows: Stone
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2D
  • Parking Storage: Circular Drive, Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central, Gas, Electric
  • Water Sewer: Electric Water Heater, Well Water

Lot Info

  • Lot Description: Some Trees, Level
  • Acreage: 5.4
  • Lot Size: 5.4 acres
  • Price Per Acre: 11093

Multi Family

  • Number Of Rooms: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2019
Sold by
Crane Properties Llc
Bought by
Herrera Real Carlos A
Current Estimated Value
$137,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,900
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 2, 2015
Closed on
Nov 23, 2015
Sold by
Secretary Of Housing And Urban Dev Of Wa
Bought by
Crane Properties Llc
Seller's Agent
Timothy Crane
2 Cranes Realty
Buyer's Agent
Timothy Crane
2 Cranes Realty
List Price
$59,900
Sold Price
$59,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.48%

Purchase Details

Closed on
May 15, 2015
Sold by
Loancare
Bought by
Secretary Of Housing And Urban Developme and C/O Michaelson Conner And Boul Inc

Purchase Details

Closed on
Feb 27, 2015
Sold by
Warren James Lee
Bought by
Selene Finance Lp and Loancare C O

Purchase Details

Closed on
Jul 25, 2002
Sold by
Lee Warren James
Bought by
Cassie Warren

Purchase Details

Closed on
Sep 20, 1991
Bought by
Warren James Lee and Warren Leslie Susan
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
Herrera Real Carlos A $59,900 --
Crane Properties Llc $24,150 --
Secretary Of Housing And Urban Developme -- --
Selene Finance Lp $83,539 --
Cassie Warren -- --
Warren James Lee $38,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Real Carlos A Herrera $60,000
Closed Herrera Real Carlos A $56,900
Previous Owner Warren James Lee $64,306
Previous Owner Warren James L $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2015 12/04/15 Sold $59,900 0.0% $50 / Sq Ft
12/04/2015 12/04/15 Pending -- -- --
12/02/2015 12/02/15 For Sale $59,900 +148.0% $50 / Sq Ft
11/23/2015 11/23/15 Sold $24,150 -13.8% $18 / Sq Ft
10/08/2015 10/08/15 Pending -- -- --
06/05/2015 06/05/15 For Sale $28,000 -- $21 / 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 $411 $26,050 $3,525 $22,525
2023 $403 $26,050 $3,525 $22,525
2022 $403 $25,550 $3,525 $22,025
2021 $353 $17,250 $2,350 $14,900
2020 $353 $17,250 $2,350 $14,900
2019 $353 $17,250 $2,350 $14,900
2018 $353 $17,250 $2,350 $14,900
2017 $353 $17,250 $2,350 $14,900
2016 $346 $17,250 $2,350 $14,900
2015 $361 $17,250 $2,350 $14,900
2014 $361 $17,250 $2,600 $14,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9966282

Memphis Area Association of REALTORS®

APN: 026-055.03