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114 Park Street

114 Park Street, Loretto, TN 38469
Property in Lawrence
Sold Nov 02, 2000
$35,000
$36,000 by Suntrust Bank
Mortgage Due Jun 01, 2034
Sold May 20, 1997
Transfer
114 Park Street in Loretto, TN was first built in 1963 and is 61 years old. Although, the building on the property was most recently renovated and altered in 1982. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 114 Park Street has 1,284 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,000 ft and the linear feet between the front and back of the lot is 1,790. In total, the area measurement of the land is 17,900 square feet.

Learn more about the property and building on this page. There is a porch. The home has a gable or hip style roof made of composition shingle. Water for the property is sourced from a municipal system. The property is connected to a sewer system. For those who need parking, there is a carport. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. While the interior walls are made of paneling. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with a packaged air conditioning unit. As for heating, the home is utilizing a heating system. The property was last sold in Jan 1, 1970 for $35,000. That's $27.26 per sqft. 114 Park Street was last assessed in 2023. The total value of the property was assessed at $27,525. Specifically, the land the property is located on was valued at $2,000. While improvements on the property were assessed at a total of $25,525. 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 $644. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 1963
  • Effective Year Built: 1982
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • 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: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 1
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 17,900
  • Lot Size Depth Feet: 1,790
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,284
  • Building Area: 1,284
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,284
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BURKE
  • Land Acres: 0.41
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 2; SUBDIVISION: BURKE; BLOCK: B

Ownership

  • Current Owner : KELLY RYAN C
  • Previous Owner : GEORGE LITTRELL
  • Owner Before Previous Owner: GEORGE LITTRELL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lawrence County School District
  • School Tax School District: 50431
  • Census Tract: 960700

Geography

  • Assessors Map Reference: 151B
  • District: 02
  • Parcel: 050151B E 00700
  • Block: B
  • Lot: 8
  • Municipality: LORETTO
  • Latitude: 35.0825
  • Longitude: -87.4299

    Address

  • Full Address: 114 Park St
  • Address - House Number: 114
  • Address - Street Name: Park
  • Address - Suffix Type: St
  • State: TN
  • City Name: Loretto
  • Carrier Code: R003
  • 4-Digit Zip Code: 2319
  • Zip Code: 38469

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $644
  • Tax Rate Code Area: 50A04

    Appraisal Valuation

  • Standard Deviation: 0.4382
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 12
  • Final Value: 180,058
  • High Value: 258,971
  • Low Value: 101,144

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $36,000
  • First Open Lien Mortgage Lender: SUNTRUST BANK
  • First Open Lien Mortgage Recording Date: Jun 11, 2019
  • First Open Lien Mortgage Loan Amount: $36,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2034

    Market Valuation

  • Market Total Value: $110,100
  • Market Land Value: $8,000
  • Market Improvement Value: $102,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,525
  • Assessed Land Value: $2,000
  • Assessed Improvements Value: $25,525

    Sales

  • Current Sale Recording Date: Nov 02, 2000
  • Current Sale Transaction ID: 1114188268
  • Current Sale Price: $35,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: May 20, 1997
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUNTRUST BANK
  • First Mortgage Transaction Date: Nov 02, 2000
  • First Mortgage Loan Amount: $33,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Nov 01, 2030

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Loretto



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Frequently Asked Questions

What neighborhood is 114 Park Street located in?
The 114 Park Street is a located in the neighborhood of Lawrence in Loretto, Loretto.
What is the average sales price for listings in 114 Park Street?
The average sales price for units in 114 Park Street is $0 currently.

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