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125 Grindstone Drive

125 Grindstone Drive, Gallatin, TN 37066
House in Sumner
Sold Sep 30, 2020
$370,000
$296,000 by Mortgage Investors Group Inc
Mortgage Due Oct 01, 2050
Sold Aug 03, 2018
$350,000
$350,000 by Fbc Mortgage Llc
Mortgage Due Aug 01, 2048
125 Grindstone Drive in Gallatin, TN was first built in 2017 and is 7 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 125 Grindstone Drive has 2,564 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 754 sqft and has been categorized as a building with no basement. In total, the area measurement of the land is 9,450 square feet.

Learn more about the property and building on this page. There is a open 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 home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. The garage is 473 sqft. There are a total of 2 available parking spaces. 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 gypsum boards such as those made of drywall, sheetrock, etc. 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 air conditioning. As for heating, the home is utilizing a heating system. 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, 125 Grindstone Drive sold most recently in Sep 29, 2020 for a total of $370,000. If you work out the math, that's approximately a cost of $144.31 per sqft. Before that, the property was also sold for $350,000 in Jul 31, 2018. 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 $2,715 in taxes each year. 125 Grindstone Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $88,950. If we break it down further, the land itself was valued at $12,000. Improvements to the property, however, were assessed at a total of $76,950. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 754
  • Parking Type: Attached
  • Garage Square Area: 473
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 9,450
  • Total Building Area: 2,564
  • Gross Building Area: 3,317
  • Building Area: 2,564
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,564
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CARELLTON SUBDIVISION
  • Land Acres: 0.216
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PB29 PG 325-327 LT525

Ownership

  • Current Owner : ATCHLEY FREDA A
  • Previous Owner : BUTLER THOMAS J
  • Previous Owner 2: BUTLER KRISTI JAUDILE
  • Owner Before Previous Owner: CLAYTON PROPERTIES GROUP INC

Neighborhood

  • School District Name: Sumner County School District
  • School Tax School District: 83278
  • Census Tract: 020502

Geography

  • Assessors Map Reference: 124
  • Parcel: 083124B C 00700
  • Block: 325-327
  • Lot: 525
  • Municipality: GALLATIN
  • Latitude: 36.3895
  • Longitude: -86.5516

    Address

  • Full Address: 125 Grindstone Dr
  • Address - House Number: 125
  • Address - Street Name: Grindstone
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Gallatin
  • Carrier Code: R005
  • 4-Digit Zip Code: 1595
  • Zip Code: 37066

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,715
  • Tax Rate Code Area: 83A01

    Appraisal Valuation

  • Standard Deviation: 0.1955
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 73
  • Final Value: 547,119
  • High Value: 654,117
  • Low Value: 440,120

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $421,000
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Open Lien Mortgage Recording Date: Sep 30, 2020
  • First Open Lien Mortgage Loan Amount: $296,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050
  • Second Open Lien Mortgage Lender: TRUIST BANK
  • Second Open Lien Mortgage Recording Date: Sep 23, 2022
  • Second Open Lien Mortgage Loan Amount: $125,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $355,800
  • Market Land Value: $48,000
  • Market Improvement Value: $307,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $88,950
  • Assessed Land Value: $12,000
  • Assessed Improvements Value: $76,950

    Sales

  • Current Sale Contract Date: Sep 29, 2020
  • Current Sale Recording Date: Sep 30, 2020
  • Current Sale Transaction ID: 11791492761
  • Current Sale Price: $370,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1330939
  • Previous Sale Recording Date: Aug 03, 2018
  • Previous Sale Contract Date: Jul 31, 2018
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Mortgage Transaction Date: Sep 30, 2020
  • First Mortgage Loan Amount: $296,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FBC MORTGAGE LLC
  • Previous Mortgage Transaction Date: Aug 03, 2018
  • Previous Mortgage Loan Amount: $350,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Aug 01, 2048

About Gallatin



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Frequently Asked Questions

What neighborhood is 125 Grindstone Drive located in?
The 125 Grindstone Drive is a house located in the neighborhood of Sumner in Gallatin, Gallatin.
What is the average sales price for listings in 125 Grindstone Drive?
The average sales price for units in 125 Grindstone Drive is $0 currently.

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