Gleason Tennessee fixer upper

Old Brick Fixer Upper in Gleason Tennessee: Greedy Update – Off Market

709 College St, Gleason, TN 38229.     $49,500 Increased to $55,000 Sold for $29,000 Now $94,900 w/owner financing Off Market

Old Brick Fixer Upper in Gleason Tennessee Under $50K

OHU50K NOTES

OHU50K first featured this home in 2019 when it was listed at $49,500. It increased in price to $55K and subsequently sold for $29,000 in July 2020.

UPDATE

It is now on Facebook Marketplace with owner financing for $94,900. Doesn’t look like any work was done to it. Now no one begrudges making a profit, but come on! Greed is one of the seven deadly sins.

REALTOR COMMENTS

Stately 4 bedroom home in Gleason! Original design and wood just waiting for your personality! This home is loaded with possibilities! Tall ceilings and large rooms both up and down, full bath on each floor, sun porch to enjoy out back, wrap-around front porch, and more! Home has been completely rewired, has a current survey, a metal roof, and some new windows. There are several non-functioning fireplaces. Large back yard. Home needs repairs and will not go FHA.

 

 

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Original Listing

709 College St, Gleason, TN 38229     $49,500 Reduced to $38,000 PendingSold for $29,000 

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OHU50K NOTES

Fixer upper in Gleason, Tennessee. Gleason is a small town of 1,375 whose residents look forward to the Tater Town Parade and Festival every fall. According to Wikipedia, a “few things are important to residents: girls’ basketball, Dollar General, and fund raisers. Throughout the year, several fund raisers are held, with notable ones being the football team’s annual Coca-Cola fund raiser, the Beta Club’s annual Gleason apparel fund raiser, and the softball team’s annual Krispy Kreme fund raiser.”

To window shop old houses of every price range, visit our sister Facebook page Old House Calling.

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REALTOR COMMENTS

Unique fixer upper house with large front porch. Metal roofing. Full bath on each floor. Large utility room. Enclosed back porch. First floor has central heat and air conditioning. Second floor heating is gas wall heater and air conditioning is window units. This sale is only part of Parcel 76.00. Site size for this listing is 115 ft x 170 ft. No survey has been done.

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6 Comments

  • Patty

    This place actually looks worse now than the 2019 listing. New listing says rewired, some windows, metal roof… Maybe someone will accept those as justification for the price.

  • Don Ferguson

    Why in the world would an electrician run electrical in conduit? You get under the house and run everything under neath! Going to cost a lot to fix the electrical!

  • Ashanti Laszlo

    Well, their house, they’re free to ask whatever price they want, and people are free to refuse to pay that for a disaster.

  • Millie

    Every one of these fixer-uppers has dropped ceilings and cheap paneling. Ugh. Who knows what it’s hiding the last 50 years since those band-aid solutions (ubiquitous ‘fixer-upper’ traits from the 70’s).

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