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174 James Reece Lane

174 James Reece Lane, Speedwell, TN 37870
Property in Claiborne
Sold May 15, 2017
$120,000
$52,500 by Home Federal Bank
Mortgage Due May 01, 2037
Sold Jul 21, 2008
Transfer
174 James Reece Lane in Speedwell, TN was first built in 1900 and is 124 years old. Although, the building on the property was most recently renovated and altered in 1971. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 174 James Reece Lane has 914 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. In total, the area measurement of the land is 997,524 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 metal. 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 condition of the building has been evaluated as average. The exterior walls of the home are made of unknown. 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 air conditioning. As for heating, the home is utilizing a heating system. The property was last sold in May 9, 2017 for $120,000. That's $131.29 per sqft. 174 James Reece Lane was last assessed in 2022. The total value of the property was assessed at $14,925. Specifically, the land the property is located on was valued at $9,175. While improvements on the property were assessed at a total of $5,750. 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 $343. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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: 1900
  • Effective Year Built: 1971
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: D
  • Interior Walls Type: Paneling
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 997,524
  • Total Building Area: 914
  • Building Area: 914
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 914
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 22.9
  • Standard Land Use Code: Rural/agricultural residence
  • County Land Use Code: Pipeline or right-of-way

Ownership

  • Current Owner : SMITH EDMOND STEVE
  • Current Owner 2: SMITH JANET M
  • Previous Owner : TAYLOR DICK I
  • Owner Before Previous Owner: MCMANAWAY AVERY
  • Vacant Flag Date: Jan 31, 2023

Neighborhood

  • School District Name: Claiborne County School District
  • Census Tract: 970300

Geography

  • Assessors Map Reference: 053
  • District: 06
  • Parcel: 053 04500
  • Latitude: 36.5112
  • Longitude: -83.741

    Address

  • Full Address: 174 James Reece Ln
  • Address - House Number: 174
  • Address - Street Name: James Reece
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Speedwell
  • Carrier Code: R001
  • 4-Digit Zip Code: 7546
  • Zip Code: 37870

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $343
  • Tax Rate Code Area: 13A00

    Appraisal Valuation

  • Standard Deviation: 0.4812
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 3
  • Final Value: 129,088
  • High Value: 191,207
  • Low Value: 66,968

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $52,500
  • First Open Lien Mortgage Lender: HOME FEDERAL BANK
  • First Open Lien Mortgage Recording Date: May 15, 2017
  • First Open Lien Mortgage Loan Amount: $52,500
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2037

    Market Valuation

  • Market Total Value: $59,700
  • Market Land Value: $36,700
  • Market Improvement Value: $23,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $14,925
  • Assessed Land Value: $9,175
  • Assessed Improvements Value: $5,750

    Sales

  • Current Sale Contract Date: May 09, 2017
  • Current Sale Recording Date: May 15, 2017
  • Current Sale Transaction ID: 1588501263
  • Current Sale Price: $120,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 17001654
  • Previous Sale Recording Date: Jul 21, 2008
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME FEDERAL BANK
  • First Mortgage Transaction Date: May 15, 2017
  • First Mortgage Loan Amount: $52,500
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2037

About Claiborne



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Frequently Asked Questions

What neighborhood is 174 James Reece Lane located in?
The 174 James Reece Lane is a located in the neighborhood of Claiborne in Claiborne, Speedwell.
What is the average sales price for listings in 174 James Reece Lane?
The average sales price for units in 174 James Reece Lane is $0 currently.

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