NOT LISTED FOR SALE

91 Monks Rd Fayetteville, TN 37334

Estimated Value: $248,000 - $627,322

56.92 Acres
$7,767 Price per Acre
2,479,435 Sq Ft Lot

Last Sold February 25, 2021

Last sale price $350,000

Est. 26% increase in value since last sale

Current estimated payment $2,524/month

172 Days on Market

About This Lot

As of February 2021

Development potential, Easy commute to Huntsville. Level 56.92 Acres with Road frontage on Monks Rd and 64 Highland Rim Rd. Most of the land is cultivated (crops in the ground belong to a tenant). Septic system for mobile home on Monks but sewer is available on Highland Rim. Barn and pond on the Monks side of property. Please have appointment before walking the property.

Last Agent to Sell the Property

Rick Sears

Kerr & Co. Realty Brokerage Phone: 6153107768 License #301720 Listed on: 08/10/2020

Last Buyer's Agent

NONMLS NONMLS

License #2211

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $853

Lot Details

  • 56.92 Acre Lot
  • Property fronts a county road
  • Property is zoned A1

Schools

  • Highland Rim Elementary School
  • Lincoln County Ninth Grade Academy Middle School
  • Lincoln Co High School

Additional Features

  • Property has 3 Levels
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 126 06000 000

Property Details

Property Type

Land

Est. Annual Taxes

$853

Lot Details

0

Listing Details

  • Prop. Type: Farm
  • Habitable Residence: No
  • Inclusions: LDBLG
  • Unit Levels: Three Or More
  • ResoPropertyType: Farm
  • Attribution Contact: 6153107768
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Fireplace: No
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet

Exterior Features

  • Pool Private: No
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: No

Lot Info

  • Zoning: A1
  • Cultivated Acreage: 49
  • Lot Size Acres: 56.92
  • Lot Size Units: Acres
  • Parcel #: 126 06000 000
  • Property Attached Yn: No
  • Wooded Area: 2
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 853

MLS Schools

  • Elementary School: Highland Rim Elementary
  • High School: Lincoln Co High School
  • Middle Or Junior School: Lincoln County Ninth Grade Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2020
Closed on
Feb 25, 2021
Sold by
Maddox Michael S and Sears Melissa M
Bought by
Lyon Roger Stanley and Lyon Martha Elizabeth
Seller's Agent
Rick Sears
Kerr & Co. Realty
Buyer's Agent
NONMLS NONMLS
List Price
$369,980
Sold Price
$350,000
Premium/Discount to List
-$19,980
-5.4%
Current Estimated Value
$442,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,107
Avg. Annual Appreciation
2.66%

Purchase Details

Closed on
Apr 27, 2020
Sold by
Lyon Roger Stanley and Lyon Martha Elizabeth
Bought by
Lyon Richard T and Lyon Shelley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,708
Interest Rate
2.86%

Purchase Details

Closed on
Mar 2, 1998

Purchase Details

Closed on
Jul 30, 1996

Purchase Details

Closed on
Jan 6, 1987

Purchase Details

Closed on
Jul 26, 1978

Purchase Details

Closed on
Mar 14, 1978
Bought by
Maddox Michael C
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
Lyon Roger Stanley $350,000 None Available
Lyon Richard T $375,000 --
-- $5,300 --
-- $5,300 --
-- $50,000 --
-- $50,000 --
-- $74,000 --
-- $74,000 --
-- -- --
-- -- --
Maddox Michael C -- --
Maddox Michael C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lyon Richard T $380,708
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2021 02/25/21 Sold $350,000 -5.4% --
01/29/2021 01/29/21 Pending -- -- --
08/10/2020 08/10/20 For Sale $369,980 -- --
Source: Realtracs

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 $1,375 $72,375 $56,275 $16,100
2023 $1,169 $40,550 $34,625 $5,925
2022 $758 $36,075 $33,250 $2,825
2021 $746 $36,075 $33,250 $2,825
2020 $746 $35,475 $33,250 $2,225
2019 $746 $35,475 $33,250 $2,225
2018 $853 $34,400 $26,750 $7,650
2017 $805 $34,400 $26,750 $7,650
2016 $807 $34,475 $26,750 $7,725
2015 -- $34,475 $26,750 $7,725
2014 $676 $34,475 $26,750 $7,725
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2178191

Realtracs

APN: 126-060.00