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103 Gene Street

103 Gene Street, Selmer, TN 38375
Property in McNairy
Sold Jan 25, 2016
$74,750
$73,395 by Paramount Residential Mortgage
Mortgage Due Jan 22, 2046
Sold Jul 16, 1994
$35,000
103 Gene Street has been categorized by the local assessors in Selmer, TN as a residential type of property. The building on the property was first built in 1981 and is 43 years old. However, we must point out that the home was most recently renovated and altered in 1998. Residents will have access to one full bathroom. There are 2 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, 103 Gene Street has 1,316 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 41,382 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 300 sqft. According to our sources, there is one available parking space. 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 unknown. 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 a packaged air conditioning unit at the moment. In terms of heating, it is utilizing a heating system. 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, 103 Gene Street was last sold in Jan 22, 2016 for $74,750. According to our calculations, that's $56.80 per sqft. Prior to that sales transaction, the property was sold for $35,000 in Jan 1, 1970. Current property owners are expected to pay $601 in taxes per year. The property on 103 Gene Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $27,325. To break that down further, the land itself was valued at $975. While improvements to the property were assessed at a total of $26,350. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1998
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • 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: Building with no basement
  • Basement Area: 0
  • Garage Square Area: 300
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 41,382
  • Total Building Area: 1,316
  • Building Area: 1,316
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,316
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.95
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 5

Ownership

  • Current Owner : JONES CORNELIUS
  • Current Owner 2: JONES ROSOLUM
  • Previous Owner : REDMON CYNTHIA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et ux (and wife)

Neighborhood

  • School District Name: McNairy County School District
  • School Tax School District: 55650
  • Census Tract: 930502

Geography

  • Assessors Map Reference: 080
  • District: 05
  • Parcel: 055080 04503
  • Municipality: SELMER
  • Latitude: 35.1968
  • Longitude: -88.6021

    Address

  • Full Address: 103 Gene St
  • Address - House Number: 103
  • Address - Street Name: Gene
  • Address - Suffix Type: St
  • State: TN
  • City Name: Selmer
  • Carrier Code: R003
  • 4-Digit Zip Code: 2254
  • Zip Code: 38375

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $601
  • Tax Rate Code Area: 55A10

    Appraisal Valuation

  • Standard Deviation: 0.1277
  • Valuation Date: Feb 01, 2023
  • Confidence Score: 74
  • Final Value: 98,336
  • High Value: 110,895
  • Low Value: 85,776

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $73,395
  • First Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Jan 25, 2016
  • First Open Lien Mortgage Loan Amount: $73,395
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 22, 2046

    Market Valuation

  • Market Total Value: $109,300
  • Market Land Value: $3,900
  • Market Improvement Value: $105,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $27,325
  • Assessed Land Value: $975
  • Assessed Improvements Value: $26,350

    Sales

  • Current Sale Contract Date: Jan 22, 2016
  • Current Sale Recording Date: Jan 25, 2016
  • Current Sale Transaction ID: 1442767692
  • Current Sale Price: $74,750
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 97907
  • Previous Sale Recording Date: Jul 16, 1994
  • Previous Sale Amount: $35,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Jan 25, 2016
  • First Mortgage Loan Amount: $73,395
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 22, 2046

About Selmer



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Frequently Asked Questions

What neighborhood is 103 Gene Street located in?
The 103 Gene Street is a located in the neighborhood of McNairy in Selmer, Selmer.
What is the average sales price for listings in 103 Gene Street?
The average sales price for units in 103 Gene Street is $0 currently.

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