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112 Melody Drive

112 Melody Drive, Shelbyville, TN 37160
House in Bedford
Sold Feb 17, 2021
$242,000
$258,304 by Coffee County Bank
Mortgage Due May 19, 2052
Sold Apr 19, 2000
$350,000
Local assessors in Shelbyville, TN have categorized 112 Melody Drive as a residential type of property. The home was built in 1961 and is 63 years old. It was most recently renovated and altered in 2001. The property's lot size has been calculated to be 16,380 square feet. The linear feet between the front and back of the lot was measured at 1,820 ft and the front of the lot was measured at 900 ft. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 112 Melody Drive has a total of 1,575 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 375 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 720 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable or hip style roof that was made of composition shingle. Lots of brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of paneling. As for flooring, was the material of choice during construction. Residents rely on a packaged air conditioning unit for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 112 Melody Drive sold most recently in Feb 12, 2021 for a total of $242,000. If you work out the math, that's approximately a cost of $153.65 per sqft. Before that, the property was also sold for $350,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,702 in taxes each year. 112 Melody Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $45,025. If we break it down further, the land itself was valued at $6,750. Improvements to the property, however, were assessed at a total of $38,275. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1961
  • Effective Year Built: 2001
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Interior Walls Type: Paneling
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 375
  • Garage Type: Detached
  • Garage Square Area: 720
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 16,380
  • Lot Size Depth Feet: 1,820
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,575
  • Building Area: 1,575
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,575
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BLUE RIBBON PKWY
  • Land Acres: 0.376
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 07 RICHARD HATHAWAY LE, COUNTY AREA: A02

Ownership

  • Current Owner : WRIGHT DAVID M
  • Current Owner 2: WRIGHT KIMBERLY
  • Previous Owner : HATHAWAY DOROTHY
  • Owner Before Previous Owner: HATHAWAY DOROTHTY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et ux (and wife)

Neighborhood

  • School District Name: Bedford County School District
  • School Tax School District: 02659
  • Census Tract: 950500

Geography

  • Assessors Map Reference: 078N
  • District: 07
  • Parcel: 002078N A 01700
  • Lot: 84
  • Municipality: SHELBYVILLE
  • Latitude: 35.4929
  • Longitude: -86.4448

    Address

  • Full Address: 112 Melody Dr
  • Address - House Number: 112
  • Address - Street Name: Melody
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Shelbyville
  • Carrier Code: C004
  • 4-Digit Zip Code: 3540
  • Zip Code: 37160

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,702
  • Tax Rate Code Area: 02A03

    Appraisal Valuation

  • Standard Deviation: 0.4879
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 2
  • Final Value: 245,931
  • High Value: 365,924
  • Low Value: 125,937

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $258,304
  • First Open Lien Mortgage Lender: COFFEE COUNTY BANK
  • First Open Lien Mortgage Recording Date: May 19, 2022
  • First Open Lien Mortgage Loan Amount: $258,304
  • 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: May 19, 2052

    Market Valuation

  • Market Total Value: $180,100
  • Market Land Value: $27,000
  • Market Improvement Value: $153,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,025
  • Assessed Land Value: $6,750
  • Assessed Improvements Value: $38,275

    Sales

  • Current Sale Contract Date: Feb 12, 2021
  • Current Sale Recording Date: Feb 17, 2021
  • Current Sale Transaction ID: 11818375958
  • Current Sale Price: $242,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21001266
  • Previous Sale Recording Date: Apr 19, 2000
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: A MORTGAGE BOUTIQUE LLC
  • First Mortgage Transaction Date: Feb 17, 2021
  • First Mortgage Loan Amount: $244,444
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

About Shelbyville



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Frequently Asked Questions

What neighborhood is 112 Melody Drive located in?
The 112 Melody Drive is a house located in the neighborhood of Bedford in Shelbyville, Shelbyville.
What is the average sales price for listings in 112 Melody Drive?
The average sales price for units in 112 Melody Drive is $0 currently.

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