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131 Willow Way

131 Willow Way, Mcminnville, TN 37110
House in Warren
Sold Jul 01, 2022
$228,500
$224,360 by First Community Mortgage Inc
Mortgage Due Jul 01, 2052
Sold Aug 26, 2020
$144,000
$145,454 by Carrington Mortgage Services L
Mortgage Due Sep 01, 2050
Local assessors in Mcminnville, TN have categorized 131 Willow Way as a residential type of property. The home was built in 1998 and is 26 years old. It was most recently renovated and altered in 2013. The property's lot size has been calculated to be 10,890 square feet. The linear feet between the front and back of the lot was measured at 1,380 ft and the front of the lot was measured at 800 ft. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. 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 131 Willow Way has a total of 1,118 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. 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 a packaged air conditioning unit for their cooling system. The home's a heating system 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, 131 Willow Way sold most recently in Jun 27, 2022 for a total of $228,500. If you work out the math, that's approximately a cost of $204.38 per sqft. Before that, the property was also sold for $144,000 in Aug 12, 2020. 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 $532 in taxes each year. 131 Willow Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $32,600. 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 $29,225. 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

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 2013
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • 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
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Carport
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,890
  • Lot Size Depth Feet: 1,380
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,118
  • Building Area: 1,118
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,118
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: THE WILLOWS
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 01, COUNTY AREA: M01

Ownership

  • Current Owner : ETHRIDGE ANGELICA NICHOLAS
  • Current Owner 2: ETHRIDGE TAYLOR
  • Previous Owner : STONEMETZ
  • Previous Owner 2: PAYTON
  • Owner Before Previous Owner: JARMAN WILLAIM R
  • Owner Before Previous Owner 2: JARMAN CAROLYN F
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Warren County School District
  • School Tax School District: 89452
  • Census Tract: 930500

Geography

  • Assessors Map Reference: 058A
  • District: 01
  • Parcel: 089058A A 04400
  • Lot: 44
  • Municipality: MCMINNVILLE
  • Latitude: 35.7092
  • Longitude: -85.7535

    Address

  • Full Address: 131 Willow Way
  • Address - House Number: 131
  • Address - Street Name: Willow
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Mcminnville
  • Carrier Code: R016
  • 4-Digit Zip Code: 7762
  • Zip Code: 37110

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $532
  • Tax Rate Code Area: 89A02

    Appraisal Valuation

  • Standard Deviation: 0.4799
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 4
  • Final Value: 108,587
  • High Value: 160,701
  • Low Value: 56,472

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $224,360
  • First Open Lien Mortgage Lender: FIRST COMMUNITY MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jul 01, 2022
  • First Open Lien Mortgage Loan Amount: $224,360
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2052

    Market Valuation

  • Market Total Value: $130,400
  • Market Land Value: $13,500
  • Market Improvement Value: $116,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,600
  • Assessed Land Value: $3,375
  • Assessed Improvements Value: $29,225

    Sales

  • Current Sale Contract Date: Jun 27, 2022
  • Current Sale Recording Date: Jul 01, 2022
  • Current Sale Transaction ID: 11891131323
  • Current Sale Price: $228,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 196783
  • Previous Sale Recording Date: Aug 26, 2020
  • Previous Sale Contract Date: Aug 12, 2020
  • Previous Sale Amount: $144,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST COMMUNITY MORTGAGE INC
  • First Mortgage Transaction Date: Jul 01, 2022
  • First Mortgage Loan Amount: $224,360
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: CARRINGTON MORTGAGE SERVICES L
  • Previous Mortgage Transaction Date: Aug 26, 2020
  • Previous Mortgage Loan Amount: $145,454
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2050

About McMinnville



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Frequently Asked Questions

What neighborhood is 131 Willow Way located in?
The 131 Willow Way is a house located in the neighborhood of Warren in McMinnville, Mcminnville.
What is the average sales price for listings in 131 Willow Way?
The average sales price for units in 131 Willow Way is $0 currently.

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