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121 Penny Lane

121 Penny Lane, Jackson, TN 38301
House in Madison
Local assessors in Jackson, TN have categorized 121 Penny Lane as a type of property. The home was built in 1996 and is 30 years old. It was most recently renovated and altered in 2006. The property's lot size has been calculated to be 43,560 square feet. The linear feet between the front and back of the lot was measured at 1,730 ft and the front of the lot was measured at 1,720 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a . As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 100 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 121 Penny Lane has a total of 1,344 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a for those who need a place to park their vehicle. The garage on the property is 504 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a and a so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is . 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 - . The building has a style roof that was made of . Lots of were used in the construction of the exterior walls of the home. While the walls in the interior have been made of . As for flooring, was the material of choice during construction. Residents rely on for their cooling system. The home's 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, 121 Penny Lane sold most recently in Oct 19, 2022 for a total of $182,400. If you work out the math, that's approximately a cost of $98.70 per sqft. Before that, the property was also sold for $86,500 in Dec 19, 2014. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $57,200 in taxes each year. 121 Penny Lane was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $35,525. If we break it down further, the land itself was valued at $3,375. Improvements to the property, however, were assessed at a total of $32,150. 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. 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.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

Vinyl Siding

Parking

Attached Garage

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20220826
08/26/2022
3 Bed
2 Bath
1360 ft²
$179,900
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1360 ft²
-
-
Clay Fowler
Town and Country


Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 58
  • Exterior Walls Type: 25
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 1,730
  • Lot Size Frontage Feet: 1,720
  • Total Building Area: 1,848
  • Gross Building Area: 1,848
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIRAMS VALLEY
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: C00
  • Legal Description 1: HIRAMS VALLEY PB 0006 PG 0241 BLK 0006 LOT 0062 172.95X173.87X136.48X170

Neighborhood

  • School District Name: Jackson-Madison County School System
  • School Tax School District: 57359
  • Census Tract: 001300

Geography

  • Assessors Map Reference: 109C
  • District: 01
  • Parcel: 109C-E-005.03
  • Block: 6
  • Lot: 62
  • Municipality: JACKSON
  • Latitude: 35.5675
  • Longitude: -88.7927

    Address

  • Full Address: 121 Penny Ln
  • Address - House Number: 121
  • Address - Street Name: Penny
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Jackson
  • Carrier Code: C008
  • 4-Digit Zip Code: 7624
  • Zip Code: 38301

Valuation

    Tax

  • Total Area: 1,344
  • Tax Year: 2023
  • Tax Amount: $57,200
  • Tax Rate Code Area: 57A02

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 428,148
  • High Value: 624,725
  • Low Value: 231,570

    Market Valuation

  • Market Total Value: $142,100
  • Market Land Value: $13,500
  • Market Improvement Value: $128,600

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $35,525
  • Assessed Land Value: $3,375
  • Assessed Improvements Value: $32,150

    Sales

  • Current Sale Contract Date: Oct 19, 2022
  • Current Sale Recording Date: Oct 21, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 13874
  • Previous Sale Recording Date: Dec 22, 2014
  • Previous Sale Contract Date: Dec 19, 2014
  • Previous Sale Amount: $86,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Jackson



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Frequently Asked Questions

What neighborhood is 121 Penny Lane located in?
The 121 Penny Lane is a house located in the neighborhood of Madison in Jackson, Jackson.
What is the average sales price for listings in 121 Penny Lane?
The average sales price for units in 121 Penny Lane is $0 currently.

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