See Home Value
McMinnville 37110
206 N Chancery St
$267,414*
Commercial - Off Market

206 N Chancery St

McMinnville, TN 37110
bedrooms
Studio
bathrooms
0 Bath
square feet
865 Sqft
$198,000 - $240,000
Reference Base Price*
21.61%
Since May 1, 2021
National-US
Primary Model
Sold May 24, 2021
$200,000
$152,995 by Security Federal Svgs Bank
Mortgage Due May 24, 2051
Sold Oct 08, 2020
$90,000

About This Property

PRIME COMMERCIAL PROPERTY! This charming commercial building sits in the heart of McMinnville, completely renovated with new roof , HVAC system, kitchen and bath, new lighting throughout, refinished original hardwood floors, basement and attic area for extra storage!  HIGH Visibility!

The manager has listed the unit size as 865 square feet.
Unit Size
865Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$254
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1940

Price History

Date / Event Date Event Price
May 24, 2021 Sold to Amanda J Gentry $200,000
Sold to Amanda J Gentry
Apr 29, 2021 No longer available -
No longer available
Feb 10, 2021 Listed $219,900
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 2010
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • 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
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 865
  • Parking Type: Attached
  • Garage Type: Detached
  • Garage Square Area: 288
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,195
  • Lot Size Depth Feet: 1,490
  • Lot Size Frontage Feet: 550
  • Total Building Area: 865
  • Building Area: 865
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 865
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.188
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: DISTRICT: 01, COUNTY AREA: M16

Ownership

  • Current Owner : GENTRY AMANDA J
  • Previous Owner : JONES JONATHAN J
  • Previous Owner 2: TAYLOR GLENDA
  • Owner Before Previous Owner: THAXTON J BEN

Neighborhood

  • School District Name: Warren County School District
  • School Tax School District: 89452
  • Census Tract: 930500

Geography

  • Assessors Map Reference: 068E
  • District: 01
  • Parcel: 089068E B 00100
  • Municipality: MCMINNVILLE
  • Latitude: 35.6828
  • Longitude: -85.774

    Address

  • Full Address: 206 N Chancery St
  • Address - House Number: 206
  • Street Direction: N
  • Address - Street Name: Chancery
  • Address - Suffix Type: St
  • State: TN
  • City Name: Mcminnville
  • Carrier Code: C007
  • 4-Digit Zip Code: 2551
  • Zip Code: 37110

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,202
  • Tax Rate Code Area: 89A02

    Appraisal Valuation

  • Standard Deviation: 0.2712
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 61
  • Final Value: 297,041
  • High Value: 377,610
  • Low Value: 216,472

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $152,995
  • First Open Lien Mortgage Lender: SECURITY FEDERAL SVGS BANK
  • First Open Lien Mortgage Recording Date: May 24, 2021
  • First Open Lien Mortgage Loan Amount: $152,995
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: May 24, 2051

    Market Valuation

  • Market Total Value: $158,900
  • Market Land Value: $41,000
  • Market Improvement Value: $117,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $63,560
  • Assessed Land Value: $16,400
  • Assessed Improvements Value: $47,160

    Sales

  • Current Sale Contract Date: May 21, 2021
  • Current Sale Recording Date: May 24, 2021
  • Current Sale Transaction ID: 11836639076
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 184811
  • Previous Sale Recording Date: Oct 08, 2020
  • Previous Sale Contract Date: Oct 07, 2020
  • Previous Sale Amount: $90,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SECURITY FEDERAL SVGS BANK
  • First Mortgage Transaction Date: May 24, 2021
  • First Mortgage Loan Amount: $152,995
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
2,288 ft²
$98/ft²
$225,000 Sep 18, 2019
-
-
House
3 Beds
2 Baths
972 ft²
$185/ft²
$179,900 May 18, 2021
-
$788/mo
Commercial
Loft
-
2,340 ft²
$81/ft²
$189,900 Jan 22, 2021
-
-
House
3 Beds
1 Bath
1,245 ft²
$209/ft²
$259,900 Jul 4, 2021
-
$831/mo
House
3 Beds
2 Baths
1,304 ft²
$141/ft²
$184,500 May 5, 2020
-
$936/mo
House
4 Beds
2 Baths
1,530 ft²
$154/ft²
$235,000 Aug 20, 2021
-
$512/mo
In Contract
House
3 Beds
1 Bath
1,680 ft²
$124/ft²
$209,000 Nov 10, 2020
-
$1,320/mo
House
3 Beds
2 Baths
1,808 ft²
$111/ft²
$199,900 May 29, 2021
-
$769/mo
In Contract
House
3 Beds
2 Baths
1,945 ft²
$118/ft²
$230,000 May 14, 2021
-
$1,226/mo
House
4 Beds
1 Bath
1,896 ft²
$95/ft²
$179,900 Jul 24, 2021
-
$818/mo
House
3 Beds
3 Baths
2,097 ft²
$105/ft²
$219,900 Nov 4, 2020
-
$2,571/mo
House
3 Beds
2 Baths
2,380 ft²
$94/ft²
$224,500 Sep 19, 2020
-
$794/mo

About McMinnville


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Nearby Rentals



Frequently Asked Questions

When was property at 206 North Chancery Street built and last sold?
The property at 206 North Chancery Street was built in 1940 and last sold on May 21, 2021 for $200,000.
How much is this home worth?
The estimated value of the home located at 206 North Chancery Street is $221,261.
What are some comparable homes to 206 North Chancery Street?
There are currently no comparable homes to 206 North Chancery Street.

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