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199 Bob Payne Road

199 Bob Payne Road, Tellico Plains, TN 37385
Property in Monroe
Sold Jan 30, 2017
$80,000
$78,551 by First Choice Lending Services
Mortgage Due Feb 01, 2047
Sold Mar 17, 2006
$31,500
199 Bob Payne Road in Tellico Plains, TN was first built in 1998 and is 26 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown. 199 Bob Payne Road has 2,240 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 43,560 square feet.

Learn more about the property and building on this page. 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 C. The condition of the building has been evaluated as average. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 199 Bob Payne Road was last sold in Jan 26, 2017 for $80,000. According to our calculations, that's $35.71 per sqft. Prior to that sales transaction, the property was sold for $31,500 in Jan 1, 1970. Current property owners are expected to pay $302 in taxes per year. The property on 199 Bob Payne Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $13,500. To break that down further, the land itself was valued at $2,125. While improvements to the property were assessed at a total of $11,375. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,240
  • Building Area: 2,240
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,240
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 1
  • Standard Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • Mobile Home Indicator: T
  • Legal Description 1: DISTRICT: 04, COUNTY AREA: F01

Ownership

  • Current Owner : MILLER JEANIE M
  • Previous Owner : STAFFORD DON H
  • Owner Before Previous Owner: INDYMAC BANK F S B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Monroe County School District
  • Census Tract: 925501

Geography

  • Assessors Map Reference: 126
  • District: 04
  • Parcel: 062126 00402
  • Latitude: 35.4119
  • Longitude: -84.3045

    Address

  • Full Address: 199 Bob Payne Rd
  • Address - House Number: 199
  • Address - Street Name: Bob Payne
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Tellico Plains
  • Carrier Code: R004
  • 4-Digit Zip Code: 5217
  • Zip Code: 37385

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $302
  • Tax Rate Code Area: 62A00

    Appraisal Valuation

  • Standard Deviation: 0.1341
  • Valuation Date: Feb 01, 2023
  • Confidence Score: 73
  • Final Value: 87,542
  • High Value: 99,290
  • Low Value: 75,793

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $78,551
  • First Open Lien Mortgage Lender: FIRST CHOICE LENDING SERVICES
  • First Open Lien Mortgage Recording Date: Jan 30, 2017
  • First Open Lien Mortgage Loan Amount: $78,551
  • 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: Feb 01, 2047

    Market Valuation

  • Market Total Value: $54,000
  • Market Land Value: $8,500
  • Market Improvement Value: $45,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $13,500
  • Assessed Land Value: $2,125
  • Assessed Improvements Value: $11,375

    Sales

  • Current Sale Contract Date: Jan 26, 2017
  • Current Sale Recording Date: Jan 30, 2017
  • Current Sale Transaction ID: 1953794672
  • Current Sale Price: $80,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 17000590
  • Previous Sale Recording Date: Mar 17, 2006
  • Previous Sale Amount: $31,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CHOICE LENDING SERVICES
  • First Mortgage Transaction Date: Jan 30, 2017
  • First Mortgage Loan Amount: $78,551
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2047

About Monroe



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Frequently Asked Questions

What neighborhood is 199 Bob Payne Road located in?
The 199 Bob Payne Road is a located in the neighborhood of Monroe in Monroe, Tellico Plains.
What is the average sales price for listings in 199 Bob Payne Road?
The average sales price for units in 199 Bob Payne Road is $0 currently.

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