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1371 West Commerce Street

1371 West Commerce Street, Lewisburg, TN 37091
Property in Marshall
Sold Sep 28, 2020
$115,700
$92,560 by Ascend Fcu
Mortgage Due Oct 01, 2050
Sold Apr 29, 2016
$70,500
1371 West Commerce Street has been categorized by the local assessors in Lewisburg, TN as a residential type of property. The building on the property was first built in 1958 and is 66 years old. However, we must point out that the home was most recently renovated and altered in 1998. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1371 West Commerce Street has 1,378 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 46,609 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 360 sqft. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of unknown. While the interior walls have been made of paneling. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with a packaged air conditioning unit at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Sep 28, 2020 for $115,700. That's $83.96 per sqft. Prior to that sales transaction, the property was also sold in Apr 27, 2016 for $70,500. 1371 West Commerce Street was last assessed in 2022. The total value of the property was assessed at $40,375. Specifically, the land the property is located on was valued at $7,350. While improvements on the property were assessed at a total of $33,025. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,253. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1998
  • 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: Paneling
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 360
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 46,609
  • Total Building Area: 1,378
  • Building Area: 1,378
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,378
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: RAY FARLEY SUBD. SECT. 1
  • Land Acres: 1.07
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 3

Ownership

  • Current Owner : HOWE CRYSTAL
  • Previous Owner : HOWE STEPHEN GUY
  • Previous Owner 2: HOWE TAMMY SUE
  • Owner Before Previous Owner: CLARK LINDA MARY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Marshall County School District
  • School Tax School District: 59410
  • Census Tract: 955400

Geography

  • Assessors Map Reference: 063L
  • District: 03
  • Parcel: 059063K B 02600
  • Lot: 3
  • Municipality: LEWISBURG
  • Latitude: 35.4511
  • Longitude: -86.809

    Address

  • Full Address: 1371 W Commerce St
  • Address - House Number: 1371
  • Street Direction: W
  • Address - Street Name: Commerce
  • Address - Suffix Type: St
  • State: TN
  • City Name: Lewisburg
  • Carrier Code: C002
  • 4-Digit Zip Code: 3158
  • Zip Code: 37091

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,253
  • Tax Rate Code Area: 59A03

    Appraisal Valuation

  • Standard Deviation: 0.2729
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 60
  • Final Value: 249,188
  • High Value: 317,208
  • Low Value: 181,169

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $112,560
  • First Open Lien Mortgage Lender: ASCEND FCU
  • First Open Lien Mortgage Recording Date: Sep 28, 2020
  • First Open Lien Mortgage Loan Amount: $92,560
  • 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: ASCEND FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Jul 12, 2022
  • Second Open Lien Mortgage Loan Amount: $20,000
  • 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: $161,500
  • Market Land Value: $29,400
  • Market Improvement Value: $132,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $40,375
  • Assessed Land Value: $7,350
  • Assessed Improvements Value: $33,025

    Sales

  • Current Sale Contract Date: Sep 28, 2020
  • Current Sale Recording Date: Sep 28, 2020
  • Current Sale Transaction ID: 11790449500
  • Current Sale Price: $115,700
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 219300
  • Previous Sale Recording Date: Apr 29, 2016
  • Previous Sale Contract Date: Apr 27, 2016
  • Previous Sale Amount: $70,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ASCEND FCU
  • First Mortgage Transaction Date: Sep 28, 2020
  • First Mortgage Loan Amount: $92,560
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

About Lewisburg



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Frequently Asked Questions

What neighborhood is 1371 West Commerce Street located in?
The 1371 West Commerce Street is a located in the neighborhood of Marshall in Lewisburg, Lewisburg.
What is the average sales price for listings in 1371 West Commerce Street?
The average sales price for units in 1371 West Commerce Street is $0 currently.

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