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1261 Sharp Road

1261 Sharp Road, Speedwell, TN 37870
Property in Claiborne
Sold Nov 25, 2014
$80,000
$82,546 by Crescent Mortgage Co
Mortgage
Sold Mar 12, 1999
$43,000
Local assessors in Speedwell, TN have categorized 1261 Sharp Road as a residential type of property. The home was built in 1986 and is 38 years old. The property's lot size has been calculated to be 87,120 square feet. 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 1261 Sharp Road has a total of 1,320 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 water 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. Do you like to entertain? The home has a open porch so you'll have a great option in the front 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 gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1261 Sharp Road was last sold in Nov 17, 2014 for $80,000. According to our calculations, that's $60.61 per sqft. Prior to that sales transaction, the property was sold for $43,000 in Jan 1, 1970. Current property owners are expected to pay $512 in taxes per year. The property on 1261 Sharp Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $22,275. To break that down further, the land itself was valued at $2,075. While improvements to the property were assessed at a total of $20,200. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • 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
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 1,320
  • Building Area: 1,320
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,320
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 06, COUNTY AREA: C01

Ownership

  • Current Owner : ELLIOTT AMY
  • Previous Owner : BURKE JEFFERY LANE
  • Owner Before Previous Owner: BURKE WILLIAM
  • Owner Before Previous Owner 2: BURKE KATHLEEN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Claiborne County School District
  • Census Tract: 970500

Geography

  • Assessors Map Reference: 039
  • District: 06
  • Parcel: 039 00402
  • Latitude: 36.5314
  • Longitude: -83.7884

    Address

  • Full Address: 1261 Sharp Rd
  • Address - House Number: 1261
  • Address - Street Name: Sharp
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Speedwell
  • Carrier Code: R001
  • 4-Digit Zip Code: 7978
  • Zip Code: 37870

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $512
  • Tax Rate Code Area: 13A00

    Appraisal Valuation

  • Standard Deviation: 0.4812
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 3
  • Final Value: 163,705
  • High Value: 242,482
  • Low Value: 84,927

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $82,546
  • First Open Lien Mortgage Lender: CRESCENT MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Nov 25, 2014
  • First Open Lien Mortgage Loan Amount: $82,546
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $89,100
  • Market Land Value: $8,300
  • Market Improvement Value: $80,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $22,275
  • Assessed Land Value: $2,075
  • Assessed Improvements Value: $20,200

    Sales

  • Current Sale Contract Date: Nov 17, 2014
  • Current Sale Recording Date: Nov 25, 2014
  • Current Sale Transaction ID: 1151331785
  • Current Sale Price: $80,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 14054117
  • Previous Sale Recording Date: Mar 12, 1999
  • Previous Sale Amount: $43,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CRESCENT MORTGAGE CO
  • First Mortgage Transaction Date: Nov 25, 2014
  • First Mortgage Loan Amount: $82,546
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Claiborne



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Frequently Asked Questions

What neighborhood is 1261 Sharp Road located in?
The 1261 Sharp Road is a located in the neighborhood of Claiborne in Claiborne, Speedwell.
What is the average sales price for listings in 1261 Sharp Road?
The average sales price for units in 1261 Sharp Road is $0 currently.

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