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1224 Spring Street

1224 Spring Street, Philadelphia, TN 37846
Property in Loudon
Sold Dec 04, 2023
$159,000
$119,250 by Cardinal Financial Company Lim
Mortgage Due Dec 01, 2053
Sold Jan 18, 2022
$80,000
$50,000 by United Community Bank
Mortgage Due Feb 01, 2052
Local assessors in Philadelphia, TN have categorized 1224 Spring Street as a residential type of property. The home was built in 1955 and is 69 years old. It was most recently renovated and altered in 1997. The property's lot size has been calculated to be 15,764 square feet. The linear feet between the front and back of the lot was measured at 1,580 ft and the front of the lot was measured at 950 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. 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. If we look only at the heated or air conditioned part of the building, then 1224 Spring Street has a total of 1,262 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 a municipal 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 carport for those who need a place to park their vehicle. The garage on the property is 280 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown 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 average. 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 gable or hip style roof that was made of composition shingle. Lots of unknown were used in the construction of the exterior walls of the home. While the walls in the interior have been made of paneling. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a heat pump is the primary heating source. 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, 1224 Spring Street sold most recently in Nov 30, 2023 for a total of $159,000. If you work out the math, that's approximately a cost of $125.99 per sqft. Before that, the property was also sold for $80,000 in Jan 14, 2022. 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 $372 in taxes each year. 1224 Spring Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $26,175. If we break it down further, the land itself was valued at $2,625. Improvements to the property, however, were assessed at a total of $23,550. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • 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
  • Garage Square Area: 280
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 15,764
  • Lot Size Depth Feet: 1,580
  • Lot Size Frontage Feet: 950
  • Total Building Area: 1,262
  • Gross Building Area: 1,262
  • Building Area: 1,262
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,262
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BK E PG 63 LOT 5 R
  • Land Acres: 0.362
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PB: E PG: 63 LOT: 5R 04 071B F 071B 00700 000 95 X 158

Ownership

  • Current Owner : PARISH ROBERT J
  • Current Owner 2: PARISH MELINDA M
  • Previous Owner : JENKINS JAQUELYN KAYE
  • Previous Owner 2: JENKINS MICHAEL
  • Owner Before Previous Owner: MCKEE GENTRY BRENDA CAROL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Loudon County School District
  • School Tax School District: 53577
  • Census Tract: 060700

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 065D
  • District: 04
  • Parcel: 065D-D-007.00
  • Lot: 5R
  • Municipality: PHILADELPHIA
  • Latitude: 35.6737
  • Longitude: -84.4067

    Address

  • Full Address: 1224 Spring St
  • Address - House Number: 1224
  • Address - Street Name: Spring
  • Address - Suffix Type: St
  • State: TN
  • City Name: Philadelphia
  • Carrier Code: R003
  • 4-Digit Zip Code: 1633
  • Zip Code: 37846

Valuation

    Tax

  • Total Area: 1,262
  • Tax Year: 2022
  • Tax Amount: $372
  • Tax Rate Code Area: 53A04

    Appraisal Valuation

  • Standard Deviation: 0.1969
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 206,762
  • High Value: 247,494
  • Low Value: 166,031

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $119,250
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LIM
  • First Open Lien Mortgage Recording Date: Dec 04, 2023
  • First Open Lien Mortgage Loan Amount: $119,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2053

    Market Valuation

  • Market Total Value: $104,700
  • Market Land Value: $10,500
  • Market Improvement Value: $94,200

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $26,175
  • Assessed Land Value: $2,625
  • Assessed Improvements Value: $23,550

    Sales

  • Current Sale Contract Date: Nov 30, 2023
  • Current Sale Recording Date: Dec 04, 2023
  • Current Sale Transaction ID: 11917358716
  • Current Sale Price: $159,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 10857
  • Previous Sale Recording Date: Jan 18, 2022
  • Previous Sale Contract Date: Jan 14, 2022
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCIAL COMPANY LIM
  • First Mortgage Transaction Date: Dec 04, 2023
  • First Mortgage Loan Amount: $119,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Dec 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: UNITED COMMUNITY BANK
  • Previous Mortgage Transaction Date: Jan 18, 2022
  • Previous Mortgage Loan Amount: $50,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2052

About Philadelphia



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Frequently Asked Questions

What neighborhood is 1224 Spring Street located in?
The 1224 Spring Street is a located in the neighborhood of Loudon in Philadelphia, Philadelphia.
What is the average sales price for listings in 1224 Spring Street?
The average sales price for units in 1224 Spring Street is $0 currently.

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