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1516 Airport Road

1516 Airport Road, Oakdale, TN 37829
House in Morgan
Sold Mar 19, 2021
$330,000
$318,986 by Mortgage Investors Group Inc
Mortgage Due Apr 01, 2051
Sold Jul 18, 2018
$270,000
Local assessors in Oakdale, TN have categorized 1516 Airport Road as a residential type of property. The home was built in 1976 and is 48 years old. It was most recently renovated and altered in 1999. The property's lot size has been calculated to be 977,051 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. 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 1516 Airport Road has a total of 1,820 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 1,144 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 3 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 patio so you'll have a great option in the back 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 brick 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 air conditioning for their cooling system. The home's a heating system 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, 1516 Airport Road sold most recently in Mar 17, 2021 for a total of $330,000. If you work out the math, that's approximately a cost of $181.32 per sqft. Before that, the property was also sold for $270,000 in Dec 27, 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 $1,194 in taxes each year. 1516 Airport Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $43,925. If we break it down further, the land itself was valued at $6,650. Improvements to the property, however, were assessed at a total of $37,275. 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. 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!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.

Building Features

Exterior

Brick Exterior
Stone Exterior
Vinyl Siding

Parking

Carport
Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1999
  • 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: 1
  • Floor Cover: Carpet
  • Basement Type: Partial basement
  • Basement Area: 1,144
  • Garage Type: Carport
  • Parking Space Count: 3
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 977,051
  • Total Building Area: 1,820
  • Building Area: 1,820
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,820
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 22.43
  • Standard Land Use Code: Rural/agricultural residence
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: DISTRICT: 03 MARSHALL, COUNTY AREA: H01

Ownership

  • Current Owner : FREDETTE JASON M
  • Current Owner 2: FREDETTE TAMMY
  • Previous Owner : SAUNDERS ROBERT
  • Owner Before Previous Owner: BOURGEOIS QUINT
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et ux (and wife)

Neighborhood

  • School District Name: Morgan County School District
  • Census Tract: 110500

Geography

  • Assessors Map Reference: 154
  • District: 03
  • Parcel: 065154 04504
  • Latitude: 35.9748
  • Longitude: -84.594

    Address

  • Full Address: 1516 Airport Rd
  • Address - House Number: 1516
  • Address - Street Name: Airport
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Oakdale
  • Carrier Code: R001
  • 4-Digit Zip Code: 2414
  • Zip Code: 37829

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,194
  • Tax Rate Code Area: 65A00

    Appraisal Valuation

  • Standard Deviation: 0.1511
  • Valuation Date: Feb 01, 2023
  • Confidence Score: 81
  • Final Value: 331,594
  • High Value: 381,724
  • Low Value: 281,463

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $318,986
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Open Lien Mortgage Recording Date: Mar 19, 2021
  • First Open Lien Mortgage Loan Amount: $318,986
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Market Valuation

  • Market Total Value: $175,700
  • Market Land Value: $26,600
  • Market Improvement Value: $149,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $43,925
  • Assessed Land Value: $6,650
  • Assessed Improvements Value: $37,275

    Sales

  • Current Sale Contract Date: Mar 17, 2021
  • Current Sale Recording Date: Mar 19, 2021
  • Current Sale Transaction ID: 11826337569
  • Current Sale Price: $330,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 74460
  • Previous Sale Recording Date: Jul 18, 2018
  • Previous Sale Contract Date: Dec 27, 2017
  • Previous Sale Amount: $270,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Mortgage Transaction Date: Mar 19, 2021
  • First Mortgage Loan Amount: $318,986
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2051

About Morgan



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Frequently Asked Questions

What neighborhood is 1516 Airport Road located in?
The 1516 Airport Road is a house located in the neighborhood of Morgan in Morgan, Oakdale.
What is the average sales price for listings in 1516 Airport Road?
The average sales price for units in 1516 Airport Road is $349,900 , or $146/sqft. currently.

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