NOT LISTED FOR SALE

942 Reed Rd Lexington, TN 38351

Estimated Value: $455,000 - $647,000

5 Beds
4 Baths
5,073 Sq Ft
$111/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $390,000 $77 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,118/month

About This Home

As of October 2020

Brick home for sale outside of Lexington Tn 9+acres, 5BR, 3.5BA & over 5,000 sq ft. Home is constructed of ICF solid concrete walls. Exterior walls have a R-value of 50+. Ceilings are trayed, vaulted & coffered. 20 Ft. hand laid Kentucky flat stone fireplace in Hearth Room. Kitchen is laden w/two levels of countertops, professional Jenn-Aire appliances. Cabinets are beautiful honey glazed maple w/full overlay doors & oversized. Finished basement has rec. bonus, kitchenette & shop. 2 car garage & bonus room

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2020
Closed on
Oct 28, 2020
Sold by
Schurter Sandra K and Sandra K Schurter Trust
Bought by
Powers Carolyn and Powers Gary
Seller's Agent
Mike Singleton
McIver Land & Realty
Buyer's Agent
Andrea Crawford
RE/MAX Unlimited
List Price
$439,500
Sold Price
$390,000
Premium/Discount to List
-$49,500
-11.26%
Current Estimated Value
$563,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,169
Avg. Annual Appreciation
6.34%
Original Mortgage
$312,000
Outstanding Balance
$281,244
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$245,458

Purchase Details

Closed on
Sep 27, 2004
Bought by
Johnson Carl and Johnson Wendy
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Powers Carolyn $390,000 None Available
Johnson Carl $24,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powers Carolyn $50,000
Open Powers Carolyn $312,000
Previous Owner Schurter Sandra K $216,000
Previous Owner Carl Johnson $230,000
Previous Owner Carl Johnson $170,861
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $390,000 -11.3% $77 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $439,500 -- $87 / Sq Ft

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 $1,727 $109,175 $7,475 $101,700
2023 $1,727 $109,175 $7,475 $101,700
2022 $1,700 $71,725 $4,025 $67,700
2021 $1,700 $71,725 $4,025 $67,700
2020 $1,700 $71,725 $4,025 $67,700
2019 $1,700 $71,725 $4,025 $67,700
2018 $1,599 $70,050 $4,025 $66,025
2017 $1,599 $70,050 $4,025 $66,025
2016 $1,656 $69,700 $4,025 $65,675
2015 $1,656 $69,700 $4,025 $65,675
2014 $1,656 $69,695 $0 $0
Source: Public Records

Agents Affiliated with this Home

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