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1950 Old Grimsley Road

1950 Old Grimsley Road, Grimsley, TN 38565
Property in Fentress
Sold Oct 11, 2019
$200,000
$158,762 by Progressive Savings Bank
Mortgage Due Nov 01, 2039
Sold Aug 18, 2017
$45,000
1950 Old Grimsley Road has been categorized by the local assessors in Grimsley, TN as a residential type of property. The building on the property was first built in 2018 and is 6 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1950 Old Grimsley Road has 1,772 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 592,416 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 2,040 sqft. According to our sources, there are a total of 7 available parking spaces. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a wood truss style roof made of composition shingle. The exterior walls of the building are made of brick. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Oct 10, 2019 for $200,000. That's $112.87 per sqft. Prior to that sales transaction, the property was also sold in Aug 18, 2017 for $45,000. 1950 Old Grimsley Road was last assessed in 2023. The total value of the property was assessed at $113,925. Specifically, the land the property is located on was valued at $17,900. While improvements on the property were assessed at a total of $96,025. 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 $1,336. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 2018
  • Effective Year Built: 2018
  • 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: Wood truss
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Square Area: 2,040
  • Parking Space Count: 7
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 592,416
  • Total Building Area: 1,772
  • Building Area: 1,772
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,772
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ESTATE OF BRUNO GERNT INC
  • Land Acres: 13.6
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 04, COUNTY AREA: C01

Ownership

  • Current Owner : PHILLIPS CARL WAYNE
  • Current Owner 2: PHILLIPS NICHOLAS
  • Previous Owner : PHILLIPS CARL WAYNE
  • Previous Owner 2: PHILLIPS YOLOUNDA
  • Owner Before Previous Owner: ALLARDT LAND COMPANY INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et ux (and wife)

Neighborhood

  • School District Name: Fentress County School District
  • Census Tract: 965300

Geography

  • Assessors Map Reference: 127
  • District: 04
  • Parcel: 025127 00602
  • Latitude: 36.2651
  • Longitude: -85.024

    Address

  • Full Address: 1950 Old Grimsley Rd
  • Address - House Number: 1950
  • Address - Street Name: Old Grimsley
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Grimsley
  • Carrier Code: H065
  • 4-Digit Zip Code: 5128
  • Zip Code: 38565

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,336
  • Tax Rate Code Area: 25A00

    Appraisal Valuation

  • Standard Deviation: 0.2409
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 66
  • Final Value: 317,739
  • High Value: 394,285
  • Low Value: 241,193

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $158,762
  • First Open Lien Mortgage Lender: PROGRESSIVE SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Oct 11, 2019
  • First Open Lien Mortgage Loan Amount: $158,762
  • 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: Nov 01, 2039

    Market Valuation

  • Market Total Value: $455,700
  • Market Land Value: $71,600
  • Market Improvement Value: $384,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $113,925
  • Assessed Land Value: $17,900
  • Assessed Improvements Value: $96,025

    Sales

  • Current Sale Contract Date: Oct 10, 2019
  • Current Sale Recording Date: Oct 11, 2019
  • Current Sale Transaction ID: 11662322164
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19002934
  • Previous Sale Recording Date: Aug 18, 2017
  • Previous Sale Contract Date: Aug 18, 2017
  • Previous Sale Amount: $45,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROGRESSIVE SAVINGS BANK
  • First Mortgage Transaction Date: Oct 11, 2019
  • First Mortgage Loan Amount: $158,762
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2039

About Grimsley



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Frequently Asked Questions

What neighborhood is 1950 Old Grimsley Road located in?
The 1950 Old Grimsley Road is a located in the neighborhood of Fentress in Grimsley, Grimsley.
What is the average sales price for listings in 1950 Old Grimsley Road?
The average sales price for units in 1950 Old Grimsley Road is $0 currently.

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