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143 Margaret Cove

143 Margaret Cove, Atoka, TN 38004
Property in Faulkner Heights
Sold Oct 07, 2015
$101,000
$180,000 by Rocket Mortgage Llc
Mortgage Due Aug 01, 2043
Sold Dec 15, 2014
$144,500
143 Margaret Cove in Atoka, TN was first built in 1995 and is 29 years old. Although, the building on the property was most recently renovated and altered in 2007. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 143 Margaret Cove has 1,876 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. In total, the area measurement of the land is 162,914 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. For those who need parking, there is a mixed used garage. The garage is 1,660 sqft. There are a total of 5 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Sep 24, 2015 for $101,000. That's $53.84 per sqft. Prior to that sales transaction, the property was also sold in Dec 10, 2014 for $144,500. 143 Margaret Cove was last assessed in 2023. The total value of the property was assessed at $71,725. Specifically, the land the property is located on was valued at $10,950. While improvements on the property were assessed at a total of $60,775. 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 $1,562. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 1995
  • Effective Year Built: 2007
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • 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: 0
  • Garage Type: Mixed use
  • Garage Square Area: 1,660
  • Parking Space Count: 5
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 162,914
  • Total Building Area: 1,876
  • Building Area: 1,876
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,876
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FAULKNER HGTS SEC I
  • Land Acres: 3.74
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 07, COUNTY AREA: T43

Ownership

  • Current Owner : MADSEN SARAH
  • Previous Owner : THE BANK OF NEW YORK MELLON TRUST CO NA
  • Owner Before Previous Owner: GATEWOOD CARL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Tipton County School District
  • School Tax School District: 84036
  • Census Tract: 040500

Geography

  • Assessors Map Reference: 097P
  • District: 07
  • Parcel: 084097P C 01900
  • Lot: 112
  • Municipality: ATOKA
  • Latitude: 35.4568
  • Longitude: -89.7548

    Address

  • Full Address: 143 Margaret Cv
  • Address - House Number: 143
  • Address - Street Name: Margaret
  • Address - Suffix Type: Cv
  • State: TN
  • City Name: Atoka
  • Carrier Code: R006
  • 4-Digit Zip Code: 4535
  • Zip Code: 38004

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,562
  • Tax Rate Code Area: 84A01

    Appraisal Valuation

  • Standard Deviation: 0.2586
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 63
  • Final Value: 278,513
  • High Value: 350,559
  • Low Value: 206,467

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $180,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Aug 04, 2023
  • First Open Lien Mortgage Loan Amount: $180,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2043

    Market Valuation

  • Market Total Value: $286,900
  • Market Land Value: $43,800
  • Market Improvement Value: $243,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $71,725
  • Assessed Land Value: $10,950
  • Assessed Improvements Value: $60,775

    Sales

  • Current Sale Contract Date: Sep 24, 2015
  • Current Sale Recording Date: Oct 07, 2015
  • Current Sale Transaction ID: 1324026596
  • Current Sale Price: $101,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 189341
  • Previous Sale Recording Date: Dec 15, 2014
  • Previous Sale Contract Date: Dec 10, 2014
  • Previous Sale Amount: $144,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANCORP BANK
  • First Mortgage Transaction Date: Oct 07, 2015
  • First Mortgage Loan Amount: $138,184
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 25, 2045

About Faulkner Heights



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Frequently Asked Questions

What neighborhood is 143 Margaret Cove located in?
The 143 Margaret Cove is a located in the neighborhood of Faulkner Heights in Faulkner Heights, Atoka.
What is the average sales price for listings in 143 Margaret Cove?
The average sales price for units in 143 Margaret Cove is $0 currently.

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