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113 Neal Street

113 Neal Street, Martin, TN 38237
Commercial in Weakley
1 Units For Sale
Unit for sale at 113 Neal, Martin, TN 38237

$1,000,350

  • Commercial
  • 70,000 ft²
113 Neal, Martin, TN 38237 Listing by MARVIN ALEXANDER

Local assessors in Martin, TN have categorized 113 Neal Street as a industrial type of property. The home was built in 1949 and is 75 years old. The property's lot size has been calculated to be 60,000 square feet. The linear feet between the front and back of the lot was measured at 3,000 ft and the front of the lot was measured at 2,000 ft. As for the restroom situation, there are 5 full bathrooms. There are also 6 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.

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. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. 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 rigid frame bar style roof that was made of metal. 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 unfinished materials. As for flooring, was the material of choice during construction. The home's a heating system is the primary heating source. 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, 113 Neal Street was last sold in Sep 19, 2014 for $159,500. According to our calculations, that's $4.40 per sqft. Prior to that sales transaction, the property was sold for $152,800 in Jan 4, 2013. Current property owners are expected to pay $3,756 in taxes per year. The property on 113 Neal Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $100,800. To break that down further, the land itself was valued at $16,320. While improvements to the property were assessed at a total of $84,480. 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 possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.

Building Features

Exterior

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

3 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200519
05/19/2020
Loft
-
70000 ft²
$550,000
bedrooms
Loft
bathrooms
-
square feet
70000 ft²
-
-
-
Marvin Alexander
Alexander Auctions & Real Estate Sales
20180122
01/22/2018
Loft
-
70000 ft²
-
bedrooms
Loft
bathrooms
-
square feet
70000 ft²
-
-
-
MARVIN ALEXANDER
Alexander Auctions & Real Estate Sales
20150120
01/20/2015
Loft
-
-
-
bedrooms
Loft
bathrooms
-
-
-
-
Marvin Alexander
Alexander Auctions & Real Estate Sales

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 10
  • Building Quality: C-
  • Construction Type: Masonry
  • Exterior Walls Type: Brick
  • Interior Walls Type: Unfinished materials
  • Roof Shape Type: Rigid frame bar
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 60,000
  • Lot Size Depth Feet: 3,000
  • Lot Size Frontage Feet: 2,000
  • Total Building Area: 36,244
  • Gross Building Area: 36,244
  • Building Area: 36,244
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Industrial
  • Land Acres: 1.377
  • Standard Land Use Code: Manufacturing (light)
  • Legal Description 1: DISTRICT: 02, COUNTY AREA: M95

Ownership

  • Current Owner : ALEXANDER MARVIN E
  • Current Owner 2: ALEXANDER MARVIN E TRUST
  • Previous Owner : FIRST CITIZENS NATIONAL BANK
  • Owner Before Previous Owner: BLACKWELL BILL N
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Weakley County School District
  • School Tax School District: 92461
  • Census Tract: 968203

Zoning

  • Zoning: 00002

Geography

  • Assessors Map Reference: 072I
  • District: 02
  • Parcel: 092073L C 00900
  • Municipality: MARTIN
  • Latitude: 36.3449
  • Longitude: -88.8521

    Address

  • Full Address: 113 Neal St
  • Address - House Number: 113
  • Address - Street Name: Neal
  • Address - Suffix Type: St
  • State: TN
  • City Name: Martin
  • Carrier Code: C001
  • 4-Digit Zip Code: 2417
  • Zip Code: 38237

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,756
  • Tax Rate Code Area: 92A05

    Market Valuation

  • Market Total Value: $252,000
  • Market Land Value: $40,800
  • Market Improvement Value: $211,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $100,800
  • Assessed Land Value: $16,320
  • Assessed Improvements Value: $84,480

    Sales

  • Current Sale Contract Date: Sep 19, 2014
  • Current Sale Recording Date: Sep 30, 2014
  • Current Sale Transaction ID: 11444270753
  • Current Sale Price: $159,500
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 14003501
  • Previous Sale Recording Date: Jan 04, 2013
  • Previous Sale Contract Date: Jan 04, 2013
  • Previous Sale Amount: $152,800
  • Previous Sale Document Type: Deed

About Martin



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Frequently Asked Questions

What neighborhood is 113 Neal Street located in?
The 113 Neal Street is a commercial located in the neighborhood of Weakley in Martin, Martin.
How many listings are currently for sale in 113 Neal Street?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 113 Neal Street?
The average sales price for units in 113 Neal Street is $1,000,350 , or $14/sqft. currently.

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