NOT LISTED FOR SALE

987 Promise Land Rd Charlotte, TN 37036

Estimated Value: $354,000 - $366,000

3 Beds
2 Baths
1,440 Sq Ft
$251/Sq Ft Est. Value

Last Sold August 09, 2024

Last sale price $340,000 $236 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,020/month

105 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Covered Patio or Porch
  • Charlotte Elementary School Rated 9+
  • No HOA
  • Cooling Available

About This Home

As of August 2024

Welcome to your modern retreat in Charlotte, TN! Built in 2021, this 3-bed, 2-bath home offers 1420 SqFt of comfortable living space. Enjoy gatherings in the open-concept living room, dining, and kitchen area with vaulted ceilings. The kitchen boasts a convenient island for additional seating. The master bath features a double vanity, walk-in shower, and spacious walk-in closet. Ample storage space is found throughout the home, including large closets. Situated on 1.89 acres in a quiet country setting, relax on the large back deck and enjoy the peaceful surroundings. Driveway is steep when first coming onto driveway.

Last Agent to Sell the Property

Gary Ashton

The Ashton Real Estate Group of RE/MAX Advantage Brokerage Phone: 6153011650 License #278725 Listed on: 03/27/2024

The Ashton Real Estate Group of RE/MAX Advantage

Co-Listed By

Sean Patterson

The Ashton Real Estate Group of RE/MAX Advantage Brokerage Phone: 6153011650 License #331581

Last Buyer's Agent

Gopal Basnet

Realty One Group Music City License #354266

Realty One Group Music City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,152

Year Built

  • Built in 2021

Lot Details

  • 1.89 Acre Lot
  • Lot Has A Rolling Slope

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Laminate Flooring
  • Crawl Space

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Charlotte Elementary School
  • Charlotte Middle School
  • Creek Wood High School

Utilities

  • Cooling Available
  • Heating Available
  • Septic Tank

Community Details

  • No Home Owners Association
  • Promise Land Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 046 01132 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,152

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2021
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 6153011650
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bedroom Main Floor
  • Appliances: Dishwasher, Disposal
  • Fireplace: No
  • Flooring: Laminate
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 1440
  • Building Area Units: Square Feet
  • Living Area: 1440
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Storage
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Covered Porch, Deck
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Rolling Slope
  • Lot Size Acres: 1.89
  • Lot Size Units: Acres
  • Parcel #: 046 01132 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1152

MLS Schools

  • Elementary School: Charlotte Elementary
  • High School: Creek Wood High School
  • Middle Or Junior School: Charlotte Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2024
Closed on
Aug 9, 2024
Sold by
Odom Justin and Odom Melissa K
Bought by
Reprogal Sierra N
Seller's Agent
Gary Ashton
The Ashton Real Estate Group of RE/MAX Advantage
Buyer's Agent
Gopal Basnet
Realty One Group Music City
List Price
$360,000
Sold Price
$340,000
Premium/Discount to List
-$20,000
-5.56%
Views
153
Current Estimated Value
$361,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,095
Avg. Annual Appreciation
5.28%
Original Mortgage
$331,000
Outstanding Balance
$327,247
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$33,848

Purchase Details

Listed on
Sep 16, 2021
Closed on
Nov 4, 2021
Sold by
Sfr Construction Llc
Bought by
Odom Justin and Odom Melissa
Seller's Agent
Leslie Scott
Blue Door Realty Group
Buyer's Agent
Erica Shoemaker
DreamMaker Realty Middle TN
List Price
$315,000
Sold Price
$305,000
Premium/Discount to List
-$10,000
-3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.01%
Original Mortgage
$299,475
Interest Rate
2.88%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 5, 2021
Sold by
Morgan Daniel Caleb and Morgan Bonnie Gail
Bought by
Sfr Construction Llc
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
Reprogal Sierra N $340,000 City Title
Odom Justin $305,000 Tennessee Title Services Llc
Sfr Construction Llc -- Tennessee Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reprogal Sierra N $331,000
Previous Owner Odom Justin $299,475
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/09/2024 08/09/24 Sold $340,000 -1.4% $236 / Sq Ft
07/10/2024 07/10/24 Pending -- -- --
05/07/2024 05/07/24 Price Changed $345,000 -1.4% $240 / Sq Ft
05/01/2024 05/01/24 Price Changed $350,000 -1.4% $243 / Sq Ft
04/15/2024 04/15/24 Price Changed $355,000 -1.4% $247 / Sq Ft
03/27/2024 03/27/24 For Sale $360,000 +18.0% $250 / Sq Ft
11/04/2021 11/04/21 Sold $305,000 -3.2% $215 / Sq Ft View Prior Sale
09/19/2021 09/19/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $315,000 -- $222 / Sq Ft
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 $1,347 $79,675 $13,800 $65,875
2023 $1,156 $49,200 $3,675 $45,525
2022 $1,152 $49,000 $3,675 $45,325
2021 $86 $49,000 $3,675 $45,325
2020 $0 $3,675 $3,675 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2635540

Realtracs

APN: 022046 01132