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1506 Main Street

1506 Main Street, Lynchburg, TN 37352
Property in Moore
Sold Mar 07, 2020
$180,000
$174,600 by Firstbank
Mortgage Due Apr 01, 2050
Sold Nov 01, 2017
$155,000
$156,565 by First Choice Lending Services
Mortgage Due Nov 01, 2047
1506 Main Street in Lynchburg, TN was first built in 1967 and is 57 years old. Although, the building on the property was most recently renovated and altered in 1982. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1506 Main Street has 2,728 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. The linear feet across the front of the lot is 1,000 ft and the linear feet between the front and back of the lot is 2,790. In total, the area measurement of the land is 27,900 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. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a carport. There are a total of 2 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 paneling. 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 a packaged air conditioning unit. As for heating, the home is utilizing a heating system. The property was last sold in Mar 4, 2020 for $180,000. That's $65.98 per sqft. Prior to that sales transaction, the property was also sold in Oct 10, 2017 for $155,000. 1506 Main Street was last assessed in 2022. The total value of the property was assessed at $50,125. Specifically, the land the property is located on was valued at $6,025. While improvements on the property were assessed at a total of $44,100. 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 $1,218. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1967
  • Effective Year Built: 1982
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Interior Walls Type: Paneling
  • 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
  • Parking Type: Attached
  • Garage Type: Carport
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 27,900
  • Lot Size Depth Feet: 2,790
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,728
  • Building Area: 2,728
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 2,728
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.64
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 01, COUNTY AREA: M01

Ownership

  • Current Owner : DEAL JONAH ROSS
  • Current Owner 2: DEAL CLARISSA LEE
  • Previous Owner : MOREY JANICE
  • Previous Owner 2: MOREY RANDY
  • Owner Before Previous Owner: SMITH KYLE
  • Owner Before Previous Owner 2: SMITH ABIGAIL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et ux (and wife)

Neighborhood

  • School District Name: Moore County School District
  • School Tax School District: 64437
  • Census Tract: 930200

Geography

  • Assessors Map Reference: 038C
  • District: 01
  • Parcel: 064038D A 00700
  • Municipality: LYNCHBURG
  • Latitude: 35.2685
  • Longitude: -86.387

    Address

  • Full Address: 1506 Main St
  • Address - House Number: 1506
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: TN
  • City Name: Lynchburg
  • Carrier Code: R003
  • 4-Digit Zip Code: 8318
  • Zip Code: 37352

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,218
  • Tax Rate Code Area: 64B00

    Appraisal Valuation

  • Standard Deviation: 0.463
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 7
  • Final Value: 292,049
  • High Value: 427,267
  • Low Value: 156,830

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $186,600
  • First Open Lien Mortgage Lender: FIRSTBANK
  • First Open Lien Mortgage Recording Date: Mar 07, 2020
  • First Open Lien Mortgage Loan Amount: $174,600
  • 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: Apr 01, 2050
  • Second Open Lien Mortgage Lender: FIRSTBANK
  • Second Open Lien Mortgage Recording Date: Apr 22, 2020
  • Second Open Lien Mortgage Loan Amount: $12,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Second Open Lien Mortgage Loan Due Date: Apr 15, 2030

    Market Valuation

  • Market Total Value: $200,500
  • Market Land Value: $24,100
  • Market Improvement Value: $176,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $50,125
  • Assessed Land Value: $6,025
  • Assessed Improvements Value: $44,100

    Sales

  • Current Sale Contract Date: Mar 04, 2020
  • Current Sale Recording Date: Mar 07, 2020
  • Current Sale Transaction ID: 11746378934
  • Current Sale Price: $180,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20000247
  • Previous Sale Recording Date: Nov 01, 2017
  • Previous Sale Contract Date: Oct 10, 2017
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRSTBANK
  • First Mortgage Transaction Date: Mar 07, 2020
  • First Mortgage Loan Amount: $174,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FIRST CHOICE LENDING SERVICES
  • Previous Mortgage Transaction Date: Nov 01, 2017
  • Previous Mortgage Loan Amount: $156,565
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2047

About Lynchburg, Moore County



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Frequently Asked Questions

What neighborhood is 1506 Main Street located in?
The 1506 Main Street is a located in the neighborhood of Moore in Lynchburg, Moore County, Lynchburg.
What is the average sales price for listings in 1506 Main Street?
The average sales price for units in 1506 Main Street is $0 currently.

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