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275 Mercy Ln, Tullahoma, TN, 37388

$374,900

Home List Price

$4,452*

Closing Credit

3 Bedrooms
2 Full Baths
1,798 SqFt
$209/SqFt
House
Schools Nearby

Location

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275 Mercy Ln, Tullahoma$374,900

Buyer Closing Credits

$4,452*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Gravel
Year Built2004
HeatingCentral
CoolingCentral Air
MLS #2629520
Lot Size8.15 Acres
StatusActive

About 275 Mercy Ln

Wonderful opportunity to own your own private retreat away from it all, 8.15 acres with a 1798 sq ft home in rural Tullahoma surrounded by a "UT Tree Farm", this property has been recently surveyed and remodeled the home has 3 bedrooms, two bathrooms, large pantry just off the kitchen. This one has large bedrooms, open living room, dining and kitchen area along with a nice Florida room and covered porches and patios out front and to the rear. Drive way is part of the property but neighbors have deeded right of way.

Property Details

Property Features

Property Information:

  • Year Built: 2004
  • Living Area: 1,798 SqFt

Listing Office:

  • Office Name: Century 21 Coffee County Realty & Auction
  • Office Phone: (931) 841-0945
  • Listing Agent: Steve Jernigan

Interior Features

Interior Information:

  • Appliances: Dishwasher
  • Basement: No
  • Flooring Type: Laminate, Other, Vinyl
  • Interior: Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: Attached, Gravel

Lot Features

Lot Information:

  • Lot Size: 8.15 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Franklin County High School, Public District Grades 9-12
  • North Middle School, Public District Grades 6-8
  • Rock Creek Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Tullahoma take South Anderson to Old Estill Springs Road, follow to a right on UT Farm Rd, and then follow to Mercy Lane on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $374,900
  • Price Per SqFt: $209/SqFt

Tax Information:

  • Annual Amount: $1,126
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Tullahoma, TN.

Med. Sold Price

$280.5K

Med. Price/SqFt

$180

Avg. Days On Market

54

# of Sold Homes

33

275 Mercy Ln vs Tullahoma

49 DAYS ON ROCKET

-5 Days

$374,900

+$94.4K More

$209/SqFt

+$29 More

KEY TAKEAWAY

This property is $94.4K more than the Median Sold Price and $29/SqFt more than other homes in Tullahoma, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REALTRAC
  • MLS Number: #2629520

Listing Office:

  • Office Name: Century 21 Coffee County Realty & Auction
  • Office Phone: (931) 841-0945
  • Listing Agent: Steve Jernigan

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX© 2024 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 12:18:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 14, 2006Home Sold
$21,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,126$48,100
2019$1,094$48,100
2018$1,094$48,100
2017$997$47,700

History based on county public records data.

Payment Calculator

$1,939

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,190

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4718620
5
/10
  • Rock Creek Elementary School

  • 901 Rock Creek Rd

  • 3.02 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4718621
4
/10
  • North Middle School

  • 2990 Decherd Blvd

  • 6.79 miles

  • Public District Grades 6-8

High School

school-card-donut-4718622
5
/10
  • Franklin County High School

  • 833 Bypass Rd

  • 9.29 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,126. Residents of Tullahoma, TN typically earn between $35k-100k each year. Typical family type is married, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 275 Mercy Ln

What is the listing price of this property?

The listing price of 275 Mercy Ln property is $374,900.

What type of property is this?

The property 275 Mercy Ln is a house located in Tullahoma, Tennessee, 37388.

Is this property for sale now?

Active Listing: 275 Mercy Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 275 Mercy Ln are:
Rock Creek Elementary School: GreatSchools Rating 5/10
North Middle School: GreatSchools Rating 4/10
Franklin County High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,126 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 14, 2006 for $21,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 275 Mercy Ln has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 275 Mercy Ln is 1,798 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 275 Mercy Ln is 2004.

Rocket HomesTennesseeCoffee CountyTullahoma37388275 Mercy Ln

This home is located at 275 Mercy Ln in Tullahoma, TN and zip code 37388. This 1,798 square foot home, which was built in 2004, sits on a 8.15 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 13, 2024 and is currently priced at $374,900.

While more than 6 listings in Tullahoma, TN in April 2024 were sold above asking price, there were more than 13 listings sold at asking price, and more than 14 were sold below. The number of listings in Tullahoma, TN decreased by 5.4% between March 2024 and April 2024. While the average time on the market in April 2024 was 54 days, the median list price was $280,500.

From Rocket Homes Real Estate and based on county public records data.

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