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115 Fairview Drive

115 Fairview Drive, Spring City, TN 37381
House in Rhea
Sold Apr 20, 2021
$139,900
$136,868 by Highlands Residential Mortgage
Mortgage Due May 01, 2051
Sold Oct 19, 2020
$66,301
115 Fairview Drive has been categorized by the local assessors in Spring City, TN as a residential type of property. The building on the property was first built in 1976 and is 48 years old. However, we must point out that the home was most recently renovated and altered in 2011. 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, 115 Fairview Drive has 1,148 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 870 ft and across the front of the lot is 990 ft. The area measurement of the land has been determined as 8,613 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 carport for those who require parking. The garage measured 280 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a open porch and a patio. 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 air conditioning 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. The building on the property is connected to a sewer system. The property was last sold in Apr 16, 2021 for $139,900. That's $121.86 per sqft. Prior to that sales transaction, the property was also sold in Mar 23, 2020 for $66,301. 115 Fairview Drive was last assessed in 2022. The total value of the property was assessed at $24,575. Specifically, the land the property is located on was valued at $2,000. While improvements on the property were assessed at a total of $22,575. 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 $928. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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.

Building Features

Exterior

Vinyl Siding

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 2011
  • 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 Type: Carport
  • Garage Square Area: 280
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,613
  • Lot Size Depth Feet: 870
  • Lot Size Frontage Feet: 990
  • Total Building Area: 1,148
  • Building Area: 1,148
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,148
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CUNNINGHAM SUBD
  • Land Acres: 0.198
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 2; SUBDIVISION: CUNNINGHAM

Ownership

  • Current Owner : RIGGS JACOB ANDERSON
  • Current Owner 2: RIGGS KAYLEE VROOKE
  • Previous Owner : BEAULIEU JEAN
  • Previous Owner 2: BEAULIEU PAIGE
  • Owner Before Previous Owner: HOOD MICHAEL D
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et ux (and wife)

Neighborhood

  • School District Name: Rhea County School District
  • School Tax School District: 72695
  • Census Tract: 975100

Geography

  • Assessors Map Reference: 031P
  • District: 02
  • Parcel: 072031P B 00112
  • Lot: 11
  • Municipality: SPRING CITY
  • Latitude: 35.6872
  • Longitude: -84.8676

    Address

  • Full Address: 115 Fairview Dr
  • Address - House Number: 115
  • Address - Street Name: Fairview
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Spring City
  • Carrier Code: R004
  • 4-Digit Zip Code: 5265
  • Zip Code: 37381

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $928
  • Tax Rate Code Area: 72A03

    Appraisal Valuation

  • Standard Deviation: 0.1404
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 71
  • Final Value: 136,295
  • High Value: 155,443
  • Low Value: 117,146

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $142,868
  • First Open Lien Mortgage Lender: HIGHLANDS RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Apr 20, 2021
  • First Open Lien Mortgage Loan Amount: $136,868
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: USDA
  • First Open Lien Mortgage Loan Due Date: May 01, 2051
  • Second Open Lien Mortgage Lender: HIGHLANDS RESIDENTIAL MORTGAGE
  • Second Open Lien Mortgage Recording Date: Apr 20, 2021
  • Second Open Lien Mortgage Loan Amount: $6,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: May 01, 2036

    Market Valuation

  • Market Total Value: $98,300
  • Market Land Value: $8,000
  • Market Improvement Value: $90,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $24,575
  • Assessed Land Value: $2,000
  • Assessed Improvements Value: $22,575

    Sales

  • Current Sale Contract Date: Apr 16, 2021
  • Current Sale Recording Date: Apr 20, 2021
  • Current Sale Transaction ID: 11831724668
  • Current Sale Price: $139,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21007195
  • Previous Sale Recording Date: Oct 19, 2020
  • Previous Sale Contract Date: Mar 23, 2020
  • Previous Sale Amount: $66,301
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: HIGHLANDS RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Apr 20, 2021
  • First Mortgage Loan Amount: $136,868
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: USDA
  • First Mortgage Loan Due Date: May 01, 2051

About Spring City



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Frequently Asked Questions

What neighborhood is 115 Fairview Drive located in?
The 115 Fairview Drive is a house located in the neighborhood of Rhea in Spring City, Spring City.
What is the average sales price for listings in 115 Fairview Drive?
The average sales price for units in 115 Fairview Drive is $0 currently.

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