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1027 Forest Drive

1027 Forest Drive, New Market, TN 37820
House in Jefferson
Sold Sep 22, 2020
$240,000
Sold Aug 13, 2020
$100,000
1027 Forest Drive has been categorized by the local assessors in New Market, TN as a residential type of property. The building on the property was first built in 1966 and is 58 years old. However, we must point out that the home was most recently renovated and altered in 1996. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1027 Forest Drive has 2,408 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 partial basement that is 1,288 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 2,250 ft. The area measurement of the land has been determined as 43,560 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a custom style.

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 carport for those who require parking. The garage measured 252 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a open porch and a patio. 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 forced air unit. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1027 Forest Drive was last sold in Sep 22, 2020 for $240,000. According to our calculations, that's $88.37 per sqft. Prior to that sales transaction, the property was sold for $100,000 in Oct 9, 2019. Current property owners are expected to pay $930 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2018. The property on 1027 Forest Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $42,475. To break that down further, the land itself was valued at $5,750. While improvements to the property were assessed at a total of $36,725. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Carport
Attached Garage
Open Parking
Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Custom
  • 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: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Partial basement
  • Basement Area: 1,288
  • Garage Type: Carport
  • Garage Square Area: 252
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 2,250
  • Total Building Area: 2,716
  • Gross Building Area: 2,716
  • Building Area: 2,408
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,408
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WEST HILLS
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WEST HILLS PB: 5 PG: 149 LOT: 054 225.4X150

Ownership

  • Current Owner : HENSON CHARLES M
  • Current Owner 2: HENSON DOROTHY J
  • Previous Owner : STANLEY BOBBY D
  • Owner Before Previous Owner: ESTATE OF NELI R HOLLINGSWORTH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jefferson County School District
  • School Tax School District: 45525
  • Census Tract: 070400

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 022M
  • District: 07
  • Parcel: 022M-C-005.00
  • Lot: 54
  • Municipality: NEW MARKET
  • Latitude: 36.1068
  • Longitude: -83.5369

    Address

  • Full Address: 1027 Forest Dr
  • Address - House Number: 1027
  • Address - Street Name: Forest
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: New Market
  • Carrier Code: R004
  • 4-Digit Zip Code: 3828
  • Zip Code: 37820

Valuation

    Tax

  • Total Area: 1,428
  • Tax Year: 2022
  • Tax Amount: $930
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 45A04

    Appraisal Valuation

  • Standard Deviation: 0.1491
  • Valuation Date: May 24, 2023
  • Confidence Score: 70
  • Final Value: 221,859
  • High Value: 254,938
  • Low Value: 188,779

    Market Valuation

  • Market Total Value: $169,900
  • Market Land Value: $23,000
  • Market Improvement Value: $146,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $42,475
  • Assessed Land Value: $5,750
  • Assessed Improvements Value: $36,725

    Sales

  • Current Sale Contract Date: Sep 22, 2020
  • Current Sale Recording Date: Sep 22, 2020
  • Current Sale Transaction ID: 11789386636
  • Current Sale Price: $240,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20007527
  • Previous Sale Recording Date: Aug 13, 2020
  • Previous Sale Contract Date: Oct 09, 2019
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Deed

About New Market



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Frequently Asked Questions

What neighborhood is 1027 Forest Drive located in?
The 1027 Forest Drive is a house located in the neighborhood of Jefferson in New Market, New Market.
What is the average sales price for listings in 1027 Forest Drive?
The average sales price for units in 1027 Forest Drive is $0 currently.

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