Looking for Charm, Warmth, & Privacy? 11.74 Acres. 36x48Workshop. From the long winding driveway, you will first see this Western Red Cedar charmer sitting on the hilltop. McElroy standing seam metal roof with 50 yr. warranty., Windows are Low E Glass Quaker offered with lifetime warranty. Workshop with living quarters. Home layout allows for the use of primary bedroom as self contained in law quarters. It is separated from rest of home by sunroom. New LEXNET fiber broadband is available. Handicap assessible with bath. Property is offered with 3 tracts. Seller is negotiable if you prefer less land. Perfect for homsteading.
Property Details
Property Features
Property Information:
Architectural Style: Ranch
Year Built: 2005
Living Area: 3,700 SqFt
Listing Office:
Office Name: RE/MAX Unlimited
Office Phone: (731) 695-1118
Listing Agent: Linda K Lipscomb
Interior Features
Interior Information:
Appliances: Trash Compactor, Dishwasher, Disposal
Basement: Yes
Flooring Type: Carpet, Finished Wood
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Private Pool: No
Exterior: Carriage/Guest House
Parking Information:
Garage Space: 3 spaces
Attached Garage: No
Parking: Detached
Lot Features
Lot Information:
Lot: Wooded
Lot Size: 11.74 Acres
Utilities
Utilities Information:
Heating: Forced Air, Natural Gas
Cooling: Electric
Other
Directions Information:
Directions: From I-40. Exit 101. South 1.3 Miles on 104 South. Left on Palmer Road. Home is on left. Watch for sign.
Price Information
Listing Price Info
Price Summary:
List Price: $699,000
Price Per SqFt: $189/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Lexington, TN.
This property is $450.2K more than the Median Sold Price and $41/SqFt more than other homes in Lexington, TN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: REALTRAC
MLS Number: #2617357
Listing Office:
Office Name: RE/MAX Unlimited
Office Phone: (731) 695-1118
Listing Agent: Linda K Lipscomb
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.
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: 11/21/2024, 5:18:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,556
Per Month
Principal & Interest
$3,489
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,162
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Paul G. Caywood Elementary School
162 Monroe Ave
Distance between this listing and this school8.86 miles
Public District Grades PK-5
5
/10
East Elementary School
2480 Ashport Rd
Distance between this listing and this school15.79 miles
Public District Grades PK-5
8
/10
Huntingdon Primary School
191 Cox St E
Distance between this listing and this school17.74 miles
Public District Grades PK-3
Nearby Schools
6
/10
Bargerton Elementary School
6141 Poplar Springs Bargerton Rd
Distance between this listing and this school1.86 miles
Public District Grades PK-8
5
/10
Beaver Elementary School
19830 Highway 22 N
Distance between this listing and this school4.81 miles
Public District Grades PK-8
6
/10
Westover Elementary School
300 Crucifer Rd
Distance between this listing and this school5.77 miles
Public District Grades KG-8
Nearby Schools
6
/10
Lexington High School
284 White St
Distance between this listing and this school8.46 miles
Public District Grades 9-12
6
/10
Clarksburg School
145 Clarksburg Rd
Distance between this listing and this school9.31 miles
Public District Grades PK-12
3
/10
Liberty Technology High School
3470 Ridgecrest Road Ext
Distance between this listing and this school16.79 miles
The neighbors living near this home have an average income of $34,804. Most Lexington, TN residents have annual incomes less than $35k. Most families are single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1273 Palmer Rd
What is the listing price of this property?
The listing price of 1273 Palmer Rd property is $699,000.
What type of property is this?
The property 1273 Palmer Rd is a house located in Lexington, Tennessee, 38351.
Is this property for sale now?
Active Listing: 1273 Palmer Rd is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 1273 Palmer Rd has 3 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 1273 Palmer Rd is 3,700 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1273 Palmer Rd is 2005.
This home is located at 1273 Palmer Rd in Lexington, TN and zip code 38351. This 3,700 square foot home, which was built in 2005, sits on a 11.74 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 08, 2024 and is currently priced at $699,000.
In October 2024, from all listings sold in Lexington, TN there were more than 0 sold above asking price, over 1 sold below and more than 2 were sold right at the asked price. The number of homes for sale in Lexington, TN increased by 5% between September 2024 and October 2024. In October 2024, listings were on the market for 104 days. During the same period, the median list price in this real estate market was $248,750.
From Rocket Homes Real Estate and based on county public records data.