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1506 Scottsville Road

1506 Scottsville Road, Lafayette, TN 37083
House in Macon
Sold Oct 06, 2020
$220,000
$216,015 by The Mortgage Firm Inc
Mortgage Due Nov 01, 2050
Sold May 31, 1994
$62,000
1506 Scottsville Road in Lafayette, TN was first built in 1966 and is 58 years old. Although, the building on the property was most recently renovated and altered in 1989. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a custom style. It is a single story home. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1506 Scottsville Road has 1,672 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 basement is 247 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 1,250 ft and the linear feet between the front and back of the lot is 4,080. In total, the area measurement of the land is 43,560 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable or hip style roof made of composition shingle. Water for the property is sourced from a municipal system. The property is connected to a sewer system. For those who need parking, there is a detached garage. The garage is 1,200 sqft. There are a total of 4 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 a packaged air conditioning unit. 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 Oct 6, 2020 for $220,000. That's $131.58 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $62,000. 1506 Scottsville Road was last assessed in 2024. The total value of the property was assessed at $54,550. Specifically, the land the property is located on was valued at $5,000. While improvements on the property were assessed at a total of $49,550. 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 $971. 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. 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.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Custom
  • 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: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Finished improved basement
  • Basement Area: 247
  • Garage Type: Detached
  • Garage Square Area: 1,200
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 4,080
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 1,672
  • Gross Building Area: 1,672
  • Building Area: 1,672
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,672
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GREEN MEADOWS ADD
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GREEN MEADOWS ADD PB DB61 PG 134 BLK C LOT 4 125 X 410 IRR

Ownership

  • Current Owner : ROTSTEIN JULIUS
  • Current Owner 2: ROTSTEIN TINA M
  • Previous Owner : HUMPHREY THERESA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Macon County School District
  • School Tax School District: 56389
  • Census Tract: 970301

Geography

  • Assessors Map Reference: 050B
  • District: 01
  • Parcel: 050B-A-008.00
  • Block: C
  • Lot: 4
  • Municipality: MACON - LAFAYETTE
  • Latitude: 36.5408
  • Longitude: -86.0352

    Address

  • Full Address: 1506 Scottsville Rd
  • Address - House Number: 1506
  • Address - Street Name: Scottsville
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Lafayette
  • Carrier Code: R007
  • 4-Digit Zip Code: 2237
  • Zip Code: 37083

Valuation

    Tax

  • Total Area: 1,425
  • Tax Year: 2022
  • Tax Amount: $971
  • Tax Rate Code Area: 56A01

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 420,785
  • High Value: 613,982
  • Low Value: 227,587

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $269,837
  • First Open Lien Mortgage Lender: THE MORTGAGE FIRM INC
  • First Open Lien Mortgage Recording Date: Oct 06, 2020
  • First Open Lien Mortgage Loan Amount: $216,015
  • 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: Nov 01, 2050
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: May 04, 2022
  • Second Open Lien Mortgage Loan Amount: $53,822
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Market Valuation

  • Market Total Value: $218,200
  • Market Land Value: $20,000
  • Market Improvement Value: $198,200

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $54,550
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $49,550

    Sales

  • Current Sale Contract Date: Oct 06, 2020
  • Current Sale Recording Date: Oct 06, 2020
  • Current Sale Transaction ID: 11791710480
  • Current Sale Price: $220,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20003634
  • Previous Sale Recording Date: May 31, 1994
  • Previous Sale Amount: $62,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE MORTGAGE FIRM INC
  • First Mortgage Transaction Date: Oct 06, 2020
  • First Mortgage Loan Amount: $216,015
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1506 Scottsville Road located in?
The 1506 Scottsville Road is a house located in the neighborhood of Macon in Lafayette, Lafayette.
What is the average sales price for listings in 1506 Scottsville Road?
The average sales price for units in 1506 Scottsville Road is $214,900 , or $123/sqft. currently.

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