Check Availability

1505 Turnpike Road

1505 Turnpike Road, Summertown, TN 38483
Property in Lawrence
Sold May 26, 2021
$63,744
$80,000 by Regions Bank
Mortgage Due Jun 01, 2051
Sold Jul 19, 2017
$57,000
$58,881 by Regions Bank
Mortgage Due Aug 01, 2047
Local assessors in Summertown, TN have categorized 1505 Turnpike Road as a residential type of property. The home was built in 1929 and is 95 years old. It was most recently renovated and altered in 1978. The property's lot size has been calculated to be 26,350 square feet. The linear feet between the front and back of the lot was measured at 1,550 ft and the front of the lot was measured at 1,650 ft. 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 1505 Turnpike Road has a total of 1,558 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. There are 2 available parking spaces so it's a great situation for those with more than one car. 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, 1505 Turnpike Road sold most recently in May 18, 2021 for a total of $63,744. If you work out the math, that's approximately a cost of $40.91 per sqft. Before that, the property was also sold for $57,000 in Jul 18, 2017. 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 $504 in taxes each year. 1505 Turnpike Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $25,050. If we break it down further, the land itself was valued at $3,750. Improvements to the property, however, were assessed at a total of $21,300. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1929
  • Effective Year Built: 1978
  • 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
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 26,350
  • Lot Size Depth Feet: 1,550
  • Lot Size Frontage Feet: 1,650
  • Total Building Area: 1,558
  • Building Area: 1,558
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,558
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.6
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 11

Ownership

  • Current Owner : MCCANDLESS RHONDA
  • Previous Owner : MCCANDLESS RHONDA
  • Previous Owner 2: ESTATE OF LANNY ROSS MCCANDLES
  • Owner Before Previous Owner: CARNEAL ALICE D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lawrence County School District
  • Census Tract: 960100

Geography

  • Assessors Map Reference: 007H
  • District: 11
  • Parcel: 050007A A 01400
  • Latitude: 35.4335
  • Longitude: -87.3151

    Address

  • Full Address: 1505 Turnpike Rd
  • Address - House Number: 1505
  • Address - Street Name: Turnpike
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Summertown
  • Carrier Code: R001
  • 4-Digit Zip Code: 7244
  • Zip Code: 38483

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $504
  • Tax Rate Code Area: 50A00

    Appraisal Valuation

  • Standard Deviation: 0.4382
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 12
  • Final Value: 99,909
  • High Value: 143,695
  • Low Value: 56,122

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $80,000
  • First Open Lien Mortgage Lender: REGIONS BANK
  • First Open Lien Mortgage Recording Date: May 26, 2021
  • First Open Lien Mortgage Loan Amount: $80,000
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $100,200
  • Market Land Value: $15,000
  • Market Improvement Value: $85,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,050
  • Assessed Land Value: $3,750
  • Assessed Improvements Value: $21,300

    Sales

  • Current Sale Contract Date: May 18, 2021
  • Current Sale Recording Date: May 26, 2021
  • Current Sale Transaction ID: 11836637067
  • Current Sale Price: $63,744
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 21003449
  • Previous Sale Recording Date: Jul 19, 2017
  • Previous Sale Contract Date: Jul 18, 2017
  • Previous Sale Amount: $57,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: REGIONS BANK
  • First Mortgage Transaction Date: May 26, 2021
  • First Mortgage Loan Amount: $80,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: REGIONS BANK
  • Previous Mortgage Transaction Date: Jul 19, 2017
  • Previous Mortgage Loan Amount: $58,881
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Aug 01, 2047

About Summertown



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1505 Turnpike Road located in?
The 1505 Turnpike Road is a located in the neighborhood of Lawrence in Summertown, Summertown.
What is the average sales price for listings in 1505 Turnpike Road?
The average sales price for units in 1505 Turnpike Road is $0 currently.

Quantcast