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1505 Millstone Creek Road

1505 Millstone Creek Road, Lascassas, TN 37085
Property in Rutherford
Sold Dec 11, 2023
$550,976
$355,976 by Wilson Bank & Trust
Mortgage Due Jan 01, 2054
Sold Jan 20, 2022
$93,600
$381,800 by Wilson Bank & Trust
Mortgage Due Jan 13, 2023
Local assessors in Lascassas, TN have categorized 1505 Millstone Creek Road as a residential type of property. The home was built in 2023 and is 1 years old. The property's lot size has been calculated to be 13,152 square feet. The linear feet between the front and back of the lot was measured at 1,756 ft and the front of the lot was measured at 749 ft. If we look only at the heated or air conditioned part of the building, then 1505 Millstone Creek Road has a total of 2,782 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 481 sqft. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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 gravel/rock. Lots of masonry 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. The home's a heat pump is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1505 Millstone Creek Road sold most recently in Dec 11, 2023 for a total of $550,976. If you work out the math, that's approximately a cost of $198.05 per sqft. Before that, the property was also sold for $93,600 in Jan 13, 2022. 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 $1,716 in taxes each year. 1505 Millstone Creek Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $91,450. If we break it down further, the land itself was valued at $17,500. Improvements to the property, however, were assessed at a total of $73,950. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2023
  • Effective Year Built: 2023
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 12
  • Building Quality: C+
  • Construction Type: Frame
  • Exterior Walls Type: Masonry
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Gravel/rock
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 481
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 13,152
  • Lot Size Depth Feet: 1,756
  • Lot Size Frontage Feet: 749
  • Total Building Area: 2,782
  • Building Area: 2,782
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Heat pump
  • Heated Square Feet: 2,782
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHESTNUT VALLEY SEC 2 PH 1
  • Land Acres: 0.302
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential (general) (single)

Ownership

  • Current Owner : MASON BRENT
  • Current Owner 2: MASON JEANNIE
  • Previous Owner : WALDRON LOGAN EMMETT
  • Owner Before Previous Owner: WALDRON ENTERPRISES LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Rutherford County School District
  • Census Tract: 040502

Geography

  • Assessors Map Reference: 43-225,226
  • Account Number: R0124280
  • District: 000
  • Section: 2
  • Parcel: 045K-A-049.00-000
  • Block: 1
  • Lot: 130
  • Municipality: RUTHERFORD
  • Latitude: 35.9386
  • Longitude: -86.305

    Address

  • Full Address: 1505 Millstone Creek Rd
  • Address - House Number: 1505
  • Address - Street Name: Millstone Creek
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Lascassas
  • Carrier Code: R004
  • 4-Digit Zip Code: 4698
  • Zip Code: 37085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,716

    Appraisal Valuation

  • Standard Deviation: 0.0727
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 95
  • Final Value: 541,982
  • High Value: 581,413
  • Low Value: 502,551

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $355,976
  • First Open Lien Mortgage Lender: WILSON BANK & TRUST
  • First Open Lien Mortgage Recording Date: Dec 11, 2023
  • First Open Lien Mortgage Loan Amount: $355,976
  • 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: Jan 01, 2054

    Market Valuation

  • Market Total Value: $365,800
  • Market Land Value: $70,000
  • Market Improvement Value: $295,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $91,450
  • Assessed Land Value: $17,500
  • Assessed Improvements Value: $73,950

    Sales

  • Current Sale Contract Date: Dec 11, 2023
  • Current Sale Recording Date: Dec 11, 2023
  • Current Sale Transaction ID: 11917726992
  • Current Sale Price: $550,976
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2524888
  • Previous Sale Recording Date: Jan 20, 2022
  • Previous Sale Contract Date: Jan 13, 2022
  • Previous Sale Amount: $93,600
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WILSON BANK & TRUST
  • First Mortgage Transaction Date: Dec 11, 2023
  • First Mortgage Loan Amount: $355,976
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: WILSON BANK & TRUST
  • Previous Mortgage Transaction Date: Jan 20, 2022
  • Previous Mortgage Loan Amount: $381,800
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Jan 13, 2023

About Rutherford



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Frequently Asked Questions

What neighborhood is 1505 Millstone Creek Road located in?
The 1505 Millstone Creek Road is a located in the neighborhood of Rutherford in Rutherford, Lascassas.
What is the average sales price for listings in 1505 Millstone Creek Road?
The average sales price for units in 1505 Millstone Creek Road is $0 currently.

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