NOT LISTED FOR SALE

971 Cherry Island Rd Buchanan, TN 38222

Estimated Value: $472,000 - $1,085,000

4 Beds
3 Baths
2,773 Sq Ft
$279/Sq Ft Est. Value

Last Sold April 08, 2019

Last sale price $540,000 $195 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,236/month

310 Days on Market

Highlights

  • Lake Front
  • Deck
  • Traditional Architecture
  • Lake Privileges
  • Property is near a park
  • Main Floor Primary Bedroom

About This Home

As of April 2019

THIS IS THE BEST KY LAKE HAS TO OFFER!! GORGEOUS, PRISTINE, WATERFRONT HOME. COVERED DOCK W/SWIM DECK &13 FT EXTENSION. EASIEST WALK TO THE WATER! MULTI-LEVEL PORCHES & DECKS Living Room features Vaulted ceilings, gas logs fireplace, skylights (2017), ceramic tile floors. Kitchen w/granite countertops, island, huge bar, stainless appliances. 1st floor Master w/sun room. 1st floor bath w/ AMAZING walk-in shower (2017). Upstairs has another Master bedroom w/ en suite & huge walk-in closet. Two more guest bedrooms & a bath on 2nd floor. 2 decks & a screened porch on 1st floor. Covered deck on 2nd floor. This home has been lovingly renovated & maintained. THE WORK IS DONE. MOVE IN AND ENJOY!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,701

Year Built

  • Built in 1995

Lot Details

  • 1.45 Acre Lot
  • Lake Front

Parking

  • 2 Car Attached Garage
  • Open Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,773 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Self Contained Fireplace Unit Or Insert
  • Gas Log Fireplace
  • Living Room
  • Dining Room
  • Crawl Space
  • Property Views

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Outdoor Features

  • Lake Privileges
  • Deck
  • Screened Patio
  • Outdoor Storage
  • Front Porch

Location

  • Property is near a park

Schools

  • Lakeview Elementary And Middle School
  • Henry County High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 005.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,701

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Architectural Style: Traditional
  • Fireplace: Yes
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 1995
  • Kitchen Level: First
  • Attribution Contact: 7316420515
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Range Hood, Disposal, Dishwasher, Range/Oven-Electric
  • Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Insert, Gas Log
  • Fireplaces: 2
  • Main Level Bathrooms: 1
  • Room Bedroom2 Level: Second
  • Room Bedroom4 Area: 169
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 169
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 255
  • Room Living Room Area: 418
  • Room Bedroom3 Level: Second
  • Room Kitchen Area: 256
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 1117
  • Room Master Bedroom Area: 22340
  • Room Dining Room Area: 156

Exterior Features

  • Fencing: None
  • Acres: 1.45
  • View: Yes
  • Waterfront Features: Lake, Waterfront, Existing, Lake Privileges
  • Waterfront: Yes
  • Construction Type: Brick
  • Exterior Features: Public Park in Area, Storage
  • Patio And Porch Features: Front Porch, Deck, Rear Porch, Porch, Screened

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Attached, Asphalt
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Propane
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Henry County
  • Middle Or Junior School: Lakeview

Lot Info

  • Lot Dimensions: 1.45 acres
  • Lot Size Sq Ft: 63162
  • ResoLotSizeUnits: Acres
  • Parcel #: 005.01
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1701.4
  • Tax Book Number: 388
  • Tax Map Number: 004

MLS Schools

  • Elementary School: Lakeview

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2018
Closed on
Apr 8, 2019
Sold by
Adkins Sallie A
Bought by
Phillips James and Phillips Cheri
List Price
$540,000
Sold Price
$540,000
Current Estimated Value
$773,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,574
Avg. Annual Appreciation
5.63%
Original Mortgage
$486,000
Outstanding Balance
$20,908
Interest Rate
4.4%
Mortgage Type
Commercial
Estimated Equity
$752,666

Purchase Details

Listed on
May 2, 2018
Closed on
Apr 3, 2019
Sold by
Murray Joseph E
Bought by
Phillips James L and Phillips Cheri G
List Price
$540,000
Sold Price
$540,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,000
Outstanding Balance
$20,908
Interest Rate
4.4%
Mortgage Type
Commercial
Estimated Equity
$752,666

Purchase Details

Closed on
Jun 14, 2013
Sold by
Peppers Mark A
Bought by
Adkins Sallie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.53%
Mortgage Type
Cash

Purchase Details

Closed on
Oct 1, 2006
Sold by
Peppers Betty M
Bought by
Peppers Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.36%
Mortgage Type
Cash

Purchase Details

Closed on
Feb 14, 2006
Sold by
Smith Robert L
Bought by
Smith John H

Purchase Details

Closed on
May 23, 2001
Bought by
Peppers Rufus and Peppers Betty Marie
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
Phillips James $540,000 --
Phillips James L $160,000 --
Adkins Sallie A $325,000 --
Peppers Mark A $290,000 --
Smith John H $1,412,200 --
Peppers Rufus $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips James $486,000
Previous Owner Adkins Sallie A $250,000
Previous Owner Peppers Rufus $290,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2019 04/08/19 Sold $540,000 0.0% $195 / Sq Ft
03/09/2019 03/09/19 Pending -- -- --
05/02/2018 05/02/18 For Sale $540,000 -- $195 / Sq Ft
Source: Tennessee Valley 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 $2,239 $115,800 $43,750 $72,050
2023 $2,192 $115,800 $43,750 $72,050
2022 $2,192 $115,800 $43,750 $72,050
2021 $2,192 $115,800 $43,750 $72,050
2020 $2,192 $128,425 $43,750 $84,675
2019 $1,701 $81,325 $31,250 $50,075
2018 $1,701 $81,325 $31,250 $50,075
2017 $1,701 $81,325 $31,250 $50,075
2016 $1,677 $81,325 $31,250 $50,075
2015 $1,787 $81,325 $31,250 $50,075
2014 $1,537 $81,325 $31,250 $50,075
2013 $1,537 $69,941 $0 $0
Source: Public Records

Map

Source: Tennessee Valley Association of REALTORS®

MLS Number: 118652

APN: 004-005.01

Tennessee Henry County Buchanan 38222

971 Cherry Island Rd, Buchanan, TN

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