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1002 Margaret Drive

1002 Margaret Drive, Hendersonville, TN 37075
Property in Sumner
Sold Feb 25, 2021
$355,000
$337,250 by Southern Bank Of Tennessee
Mortgage Due Mar 01, 2051
Sold Apr 25, 2012
$209,000
$167,200 by F & A Fcu
Mortgage Due May 01, 2042
1002 Margaret Drive has been categorized by the local assessors in Hendersonville, TN as a residential type of property. The building on the property was first built in 2000 and is 24 years old. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1002 Margaret Drive has 2,157 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a building with no basement that is 858 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,500 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 15,000 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 506 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of brick. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Feb 19, 2021 for $355,000. That's $164.58 per sqft. Prior to that sales transaction, the property was also sold in Apr 24, 2012 for $209,000. 1002 Margaret Drive was last assessed in 2023. The total value of the property was assessed at $72,500. Specifically, the land the property is located on was valued at $18,750. While improvements on the property were assessed at a total of $53,750. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,371. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 858
  • Parking Type: Attached
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 15,000
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,157
  • Gross Building Area: 2,849
  • Building Area: 2,157
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,157
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAWSON POINTE SEC 2
  • Land Acres: 0.344
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PLAT: 18 PAGE: 249 BLOCK: LOT: 73 SUBD: LAWSON POINTE SEC 2

Ownership

  • Current Owner : MALATESTA BRIAN
  • Current Owner 2: MALATESTA JANISE MARIE
  • Previous Owner : ALLEN MICHAEL E
  • Previous Owner 2: ALLEN MELANIE R
  • Owner Before Previous Owner: LABORG JAMES
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et ux (and wife)

Neighborhood

  • School District Name: Sumner County School District
  • School Tax School District: 83327
  • Census Tract: 021009

Geography

  • Assessors Map Reference: 145G
  • District: 07
  • Parcel: 083145H B 04000
  • Lot: 73
  • Municipality: HENDERSONVILLE
  • Latitude: 36.3382
  • Longitude: -86.6054

    Address

  • Full Address: 1002 Margaret Dr
  • Address - House Number: 1002
  • Address - Street Name: Margaret
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Hendersonville
  • Carrier Code: R011
  • 4-Digit Zip Code: 8879
  • Zip Code: 37075

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,371
  • Tax Rate Code Area: 83A03

    Appraisal Valuation

  • Standard Deviation: 0.1672
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 78
  • Final Value: 474,333
  • High Value: 553,687
  • Low Value: 394,980

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $337,250
  • First Open Lien Mortgage Lender: SOUTHERN BANK OF TENNESSEE
  • First Open Lien Mortgage Recording Date: Feb 25, 2021
  • First Open Lien Mortgage Loan Amount: $337,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051

    Market Valuation

  • Market Total Value: $290,000
  • Market Land Value: $75,000
  • Market Improvement Value: $215,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $72,500
  • Assessed Land Value: $18,750
  • Assessed Improvements Value: $53,750

    Sales

  • Current Sale Contract Date: Feb 19, 2021
  • Current Sale Recording Date: Feb 25, 2021
  • Current Sale Transaction ID: 11822791798
  • Current Sale Price: $355,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1351943
  • Previous Sale Recording Date: Apr 25, 2012
  • Previous Sale Contract Date: Apr 24, 2012
  • Previous Sale Amount: $209,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOUTHERN BANK OF TENNESSEE
  • First Mortgage Transaction Date: Feb 25, 2021
  • First Mortgage Loan Amount: $337,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: F & A FCU
  • Previous Mortgage Transaction Date: Apr 25, 2012
  • Previous Mortgage Loan Amount: $167,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2042

About Hendersonville



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Frequently Asked Questions

What neighborhood is 1002 Margaret Drive located in?
The 1002 Margaret Drive is a located in the neighborhood of Sumner in Hendersonville, Hendersonville.
What is the average sales price for listings in 1002 Margaret Drive?
The average sales price for units in 1002 Margaret Drive is $0 currently.

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