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107 McGee Loop

107 McGee Loop, Jackson, TN 38305
Property in Madison
Sold Sep 24, 2012
$82,000
$141,636 by Mutual Of Omaha Mortgage Inc
Mortgage Due Mar 01, 2053
Sold Dec 31, 2003
$70,000
$70,000 by First Banc Mortgage
Mortgage Due Dec 01, 2034
107 McGee Loop has been categorized by the local assessors in Jackson, TN as a residential type of property. The building on the property was first built in 1986 and is 38 years old. However, we must point out that the home was most recently renovated and altered in 2003. Residents will have access to 2 full bathrooms. 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, 107 McGee Loop has 1,431 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,600 ft and across the front of the lot is 900 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 detached garage for those who require parking. The garage measured 720 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. 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 heat pump. 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 Sep 21, 2012 for $82,000. That's $57.30 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $70,000. 107 McGee Loop was last assessed in 2024. The total value of the property was assessed at $44,425. Specifically, the land the property is located on was valued at $5,000. While improvements on the property were assessed at a total of $39,425. 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 $832. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • 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: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 720
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,431
  • Gross Building Area: 1,431
  • Building Area: 1,431
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,431
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HIDDEN VALLEY ESTATES
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HIDDEN VALLEY ESTATES PB 4 PG 317 BLK 2 LOT 36 90X160

Ownership

  • Current Owner : REYES PAULINO
  • Previous Owner : LUMLEY JERRI
  • Owner Before Previous Owner: FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jackson-Madison County School System
  • Census Tract: 001501

Geography

  • Assessors Map Reference: 043N
  • District: 06
  • Parcel: 043N-A-036.00
  • Block: 2
  • Lot: 36
  • Latitude: 35.6817
  • Longitude: -88.7981

    Address

  • Full Address: 107 Mcgee Loop
  • Address - House Number: 107
  • Address - Street Name: Mcgee
  • Address - Suffix Type: Loop
  • State: TN
  • City Name: Jackson
  • Carrier Code: R014
  • 4-Digit Zip Code: 9576
  • Zip Code: 38305

Valuation

    Tax

  • Total Area: 1,431
  • Tax Year: 2023
  • Tax Amount: $832
  • Tax Rate Code Area: 57A00

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 442,090
  • High Value: 645,069
  • Low Value: 239,110

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $141,636
  • First Open Lien Mortgage Lender: MUTUAL OF OMAHA MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Feb 15, 2023
  • First Open Lien Mortgage Loan Amount: $141,636
  • 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: Mar 01, 2053

    Market Valuation

  • Market Total Value: $177,700
  • Market Land Value: $20,000
  • Market Improvement Value: $157,700

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $44,425
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $39,425

    Sales

  • Current Sale Contract Date: Sep 21, 2012
  • Current Sale Recording Date: Sep 24, 2012
  • Current Sale Transaction ID: 11451128389
  • Current Sale Price: $82,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 12011840
  • Previous Sale Recording Date: Dec 31, 2003
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALLIANCE FINANCIAL RESOURCES L
  • First Mortgage Transaction Date: Sep 24, 2012
  • First Mortgage Loan Amount: $83,673
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: FIRST BANC MORTGAGE
  • Previous Mortgage Transaction Date: Dec 31, 2003
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $70,000
  • Previous Mortgage Term: 371
  • Previous Mortgage Loan Due Date: Dec 01, 2034

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 107 McGee Loop located in?
The 107 McGee Loop is a located in the neighborhood of Madison in Madison, Jackson.
What is the average sales price for listings in 107 McGee Loop?
The average sales price for units in 107 McGee Loop is $0 currently.

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