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1023 Olympia Place

1023 Olympia Place, Murfreesboro, TN 37130
House in Rutherford
Sold Mar 02, 2020
$200,500
$197,000 by Highlands Residential Mortgage
Mortgage Due Dec 01, 2051
Sold Apr 25, 2019
$125,000
1023 Olympia Place in Murfreesboro, TN was first built in 1958 and is 66 years old. Although, the building on the property was most recently renovated and altered in 2002. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1023 Olympia Place has 925 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 870 ft and the linear feet between the front and back of the lot is 1,804. In total, the area measurement of the land is 15,694 square feet.

Learn more about the property and building on this page. There is a porch. The home has a gable or hip style roof made of gravel/rock. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 308 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heat pump. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1023 Olympia Place sold most recently in Feb 28, 2020 for a total of $200,500. If you work out the math, that's approximately a cost of $216.76 per sqft. Before that, the property was also sold for $125,000 in Apr 23, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,444 in taxes each year. 1023 Olympia Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $51,050. If we break it down further, the land itself was valued at $13,750. Improvements to the property, however, were assessed at a total of $37,300. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 2002
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Masonry
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 308
  • Parking Space Count: 1
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 15,694
  • Lot Size Depth Feet: 1,804
  • Lot Size Frontage Feet: 870
  • Total Building Area: 925
  • Building Area: 925
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 925
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MEADOWGREEN
  • Land Acres: 0.36
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential (general) (single)
  • Legal Description 1: 87 X 180.4 IRR

Ownership

  • Current Owner : DAVIS JAMIE SUE
  • Previous Owner : CRIPS CHRIS M
  • Owner Before Previous Owner: ALLMAN PAULIA
  • Owner Before Previous Owner 2: HANNAH ANGELA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rutherford County School District in Murfreesboro
  • Census Tract: 042101

Geography

  • Assessors Map Reference: 1-46
  • Account Number: R0067413
  • District: 515
  • Parcel: 103J-E-022.00-000
  • Lot: 59
  • Municipality: MURFREESBORO
  • Latitude: 35.8271
  • Longitude: -86.3604

    Address

  • Full Address: 1023 Olympia Pl
  • Address - House Number: 1023
  • Address - Street Name: Olympia
  • Address - Suffix Type: Pl
  • State: TN
  • City Name: Murfreesboro
  • Carrier Code: C010
  • 4-Digit Zip Code: 5351
  • Zip Code: 37130

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,444

    Appraisal Valuation

  • Standard Deviation: 0.1572
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 80
  • Final Value: 280,403
  • High Value: 324,484
  • Low Value: 236,321

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $197,000
  • First Open Lien Mortgage Lender: HIGHLANDS RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 17, 2021
  • First Open Lien Mortgage Loan Amount: $197,000
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $204,200
  • Market Land Value: $55,000
  • Market Improvement Value: $149,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $51,050
  • Assessed Land Value: $13,750
  • Assessed Improvements Value: $37,300

    Sales

  • Current Sale Contract Date: Feb 28, 2020
  • Current Sale Recording Date: Mar 02, 2020
  • Current Sale Transaction ID: 11748345522
  • Current Sale Price: $200,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2260256
  • Previous Sale Recording Date: Apr 25, 2019
  • Previous Sale Contract Date: Apr 23, 2019
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HIGHLANDS RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Mar 02, 2020
  • First Mortgage Loan Amount: $196,867
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2050

About Murfreesboro



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Frequently Asked Questions

What neighborhood is 1023 Olympia Place located in?
The 1023 Olympia Place is a house located in the neighborhood of Rutherford in Murfreesboro, Murfreesboro.
What is the average sales price for listings in 1023 Olympia Place?
The average sales price for units in 1023 Olympia Place is $0 currently.

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