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1518 Ribbonwood Drive

1518 Ribbonwood Drive, Soddy Daisy, TN 37379
Sold Oct 20, 2010
$137,000
$135,179 by First Tennessee Bank Na
Mortgage Due Nov 01, 2040
Sold Aug 06, 2010
$125,585
1518 Ribbonwood Drive in Soddy Daisy, TN was first built in 1994 and is 30 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1518 Ribbonwood Drive has 1,482 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 970 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 43,560 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of asphalt. Water for the property is sourced from a water system. The property is connected to a sewer system. The quality of the control joints have been graded by the local assessor with a letter grade of D. The exterior walls of the home are made of wood shingle. As for heating, the home is utilizing a central heating system. The property was last sold in Oct 15, 2010 for $137,000. That's $92.44 per sqft. Prior to that sales transaction, the property was also sold in Jul 30, 2010 for $125,585. 1518 Ribbonwood Drive was last assessed in 2023. The total value of the property was assessed at $55,350. 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 $1,247. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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: 1994
  • Effective Year Built: 1994
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: D
  • Exterior Walls Type: Wood shingle
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 970
  • Total Building Area: 1,482
  • Building Area: 1,482
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,482
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HIGHRIDGE SUB UNIT 4
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 134 HIGHRIDGE SUB UNIT 4 PB50 PG 86 OUT OF 74D-A-13 FOR 93

Ownership

  • Current Owner : SWINGLE PATRICK T
  • Previous Owner : SECRETARY OF VETERANS AFFAIRS
  • Owner Before Previous Owner: SHERWOOD JEFFREY A
  • Owner Before Previous Owner 2: SHERWOOD JEFFREY ARTHUR
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 010303

Geography

  • Assessors Map Reference: MB 50 PG 86
  • Account Number: 0000133175
  • District: 3
  • Parcel: 074D B 016
  • Lot: 134
  • Municipality: COUNTY NORTH
  • Latitude: 35.2185
  • Longitude: -85.1662

    Address

  • Full Address: 1518 Ribbonwood Dr
  • Address - House Number: 1518
  • Address - Street Name: Ribbonwood
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Soddy Daisy
  • Carrier Code: R010
  • 4-Digit Zip Code: 8950
  • Zip Code: 37379

Valuation

    Tax

  • Total Area: 1,905
  • Tax Year: 2023
  • Tax Amount: $1,247

    Appraisal Valuation

  • Standard Deviation: 0.2456
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 65
  • Final Value: 325,156
  • High Value: 405,021
  • Low Value: 245,291

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $135,179
  • First Open Lien Mortgage Lender: FIRST TENNESSEE BANK NA
  • First Open Lien Mortgage Recording Date: Oct 20, 2010
  • First Open Lien Mortgage Loan Amount: $135,179
  • 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: Nov 01, 2040

    Market Valuation

  • Market Total Value: $221,400
  • Market Land Value: $40,000
  • Market Improvement Value: $181,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $55,350

    Sales

  • Current Sale Contract Date: Oct 15, 2010
  • Current Sale Recording Date: Oct 20, 2010
  • Current Sale Transaction ID: 11449554124
  • Current Sale Price: $137,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2010102000021
  • Previous Sale Recording Date: Aug 06, 2010
  • Previous Sale Contract Date: Jul 30, 2010
  • Previous Sale Amount: $125,585
  • Previous Sale Document Type: Correction Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST TENNESSEE BANK NA
  • First Mortgage Transaction Date: Oct 20, 2010
  • First Mortgage Loan Amount: $135,179
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2040

About Dallas Bay - Lakesite



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Nearby Rentals

Unit for rent at 1142 Lightning Dr, Soddy Daisy, TN, 37379

$2,000 /mo

  • 3 Beds
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1142 Lightning Dr, Soddy Daisy, TN, 37379 Listing by Nola Cross

Frequently Asked Questions

What neighborhood is 1518 Ribbonwood Drive located in?
The 1518 Ribbonwood Drive is a located in the neighborhood of Dallas Bay - Lakesite in Dallas Bay - Lakesite, Soddy Daisy.
What is the average sales price for listings in 1518 Ribbonwood Drive?
The average sales price for units in 1518 Ribbonwood Drive is $0 currently.

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