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117 Burke Street

117 Burke Street, Loretto, TN 38469
Property in Lawrence
Sold Jun 15, 2018
$37,460
$84,800 by First Farmers & Merchants Bank
Mortgage Due Jul 01, 2048
Sold Apr 21, 2017
$35,000
$40,000 by First Farmers & Merchants Bank
Mortgage Due May 01, 2032
117 Burke Street in Loretto, TN was first built in 1965 and is 59 years old. Although, the building on the property was most recently renovated and altered in 1990. 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. 117 Burke Street has 1,431 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 basement is 216 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 800 ft and the linear feet between the front and back of the lot is 1,850. In total, the area measurement of the land is 14,800 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 Jun 13, 2018 for $37,460. That's $26.18 per sqft. Prior to that sales transaction, the property was also sold in Apr 21, 2017 for $35,000. 117 Burke Street was last assessed in 2023. The total value of the property was assessed at $31,350. Specifically, the land the property is located on was valued at $1,750. While improvements on the property were assessed at a total of $29,600. 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 $733. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1965
  • Effective Year Built: 1990
  • 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: Finished improved basement
  • Basement Area: 216
  • Garage Type: Carport
  • Parking Space Count: 1
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 14,800
  • Lot Size Depth Feet: 1,850
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,431
  • Building Area: 1,431
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,431
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BURKE
  • Land Acres: 0.339
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 2; SUBDIVISION: BURKE

Ownership

  • Current Owner : LAVKA RYAN L
  • Current Owner 2: LAVKA SAMANTHA D
  • Previous Owner : PETERS TAMMY F
  • Owner Before Previous Owner: ALLEN SAMANTHA DUPREE
  • 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 01301
  • Lot: 10
  • Municipality: LORETTO
  • Latitude: 35.0819
  • Longitude: -87.4302

    Address

  • Full Address: 117 Burke St
  • Address - House Number: 117
  • Address - Street Name: Burke
  • Address - Suffix Type: St
  • State: TN
  • City Name: Loretto
  • Carrier Code: R003
  • 4-Digit Zip Code: 2316
  • Zip Code: 38469

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $733
  • Tax Rate Code Area: 50A04

    Appraisal Valuation

  • Standard Deviation: 0.4382
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 12
  • Final Value: 195,855
  • High Value: 281,691
  • Low Value: 110,018

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $84,800
  • First Open Lien Mortgage Lender: FIRST FARMERS & MERCHANTS BANK
  • First Open Lien Mortgage Recording Date: Jun 15, 2018
  • First Open Lien Mortgage Loan Amount: $84,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2048

    Market Valuation

  • Market Total Value: $125,400
  • Market Land Value: $7,000
  • Market Improvement Value: $118,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,350
  • Assessed Land Value: $1,750
  • Assessed Improvements Value: $29,600

    Sales

  • Current Sale Contract Date: Jun 13, 2018
  • Current Sale Recording Date: Jun 15, 2018
  • Current Sale Transaction ID: 11474453856
  • Current Sale Price: $37,460
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18003046
  • Previous Sale Recording Date: Apr 21, 2017
  • Previous Sale Contract Date: Apr 21, 2017
  • Previous Sale Amount: $35,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FARMERS & MERCHANTS BANK
  • First Mortgage Transaction Date: Jun 15, 2018
  • First Mortgage Loan Amount: $84,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jul 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: FIRST FARMERS & MERCHANTS BANK
  • Previous Mortgage Transaction Date: Apr 21, 2017
  • Previous Mortgage Loan Amount: $40,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Mortgage Modification
  • Previous Mortgage Loan Due Date: May 01, 2032

About Loretto



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Frequently Asked Questions

What neighborhood is 117 Burke Street located in?
The 117 Burke Street is a located in the neighborhood of Lawrence in Loretto, Loretto.
What is the average sales price for listings in 117 Burke Street?
The average sales price for units in 117 Burke Street is $0 currently.

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