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206 Southwest Forrest Street

206 Southwest Forrest Street, Chapel Hill, TN 37034
Property in Marshall
Sold Dec 02, 2021
$185,000
$148,000 by First Community Mortgage Inc
Mortgage Due Dec 01, 2036
Sold Jul 13, 2020
$166,700
$170,173 by First Commerce Bank
Mortgage Due Jul 08, 2025
Local assessors in Chapel Hill, TN have categorized 206 Southwest Forrest Street as a residential type of property. The home was built in 1970 and is 54 years old. It was most recently renovated and altered in 2010. The property's lot size has been calculated to be 15,000 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 1,200 ft. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 206 Southwest Forrest Street has a total of 1,192 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Do you like to entertain? The home has a porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable or hip style roof that was made of composition shingle. Lots of brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of paneling. As for flooring, was the material of choice during construction. The home's a radiant heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 206 Southwest Forrest Street sold most recently in Nov 30, 2021 for a total of $185,000. If you work out the math, that's approximately a cost of $155.20 per sqft. Before that, the property was also sold for $166,700 in Jul 8, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,257 in taxes each year. The initial year of tax delinquency occurred in 2018. 206 Southwest Forrest Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $46,150. If we break it down further, the land itself was valued at $11,250. Improvements to the property, however, were assessed at a total of $34,900. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 2010
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Interior Walls Type: Paneling
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 15,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 1,192
  • Building Area: 1,192
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Radiant
  • Heated Square Feet: 1,192
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FORREST PARK
  • Land Acres: 0.344
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 1; SUBDIVISION: FORREST PARK; LOT: 22; PLAT BOOK: A; PLAT PAGE: 37

Ownership

  • Current Owner : ELMORE SHARON FAY
  • Previous Owner : PIPER BENJAMIN ANDREW
  • Previous Owner 2: PIPER BARBARA JEANETTE
  • Owner Before Previous Owner: WATERS TIM
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Marshall County School District
  • School Tax School District: 59123
  • Census Tract: 955000

Geography

  • Assessors Map Reference: 021P
  • District: 01
  • Parcel: 059021I C 07500
  • Lot: 22
  • Municipality: CHAPEL HILL
  • Latitude: 35.6229
  • Longitude: -86.698

    Address

  • Full Address: 206 Sw Forrest St
  • Address - House Number: 206
  • Street Direction: SW
  • Address - Street Name: Forrest
  • Address - Suffix Type: St
  • State: TN
  • City Name: Chapel Hill
  • Carrier Code: R006
  • 4-Digit Zip Code: 3112
  • Zip Code: 37034

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,257
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 59A01

    Appraisal Valuation

  • Standard Deviation: 0.174
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 65
  • Final Value: 263,358
  • High Value: 309,197
  • Low Value: 217,518

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $148,000
  • First Open Lien Mortgage Lender: FIRST COMMUNITY MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Dec 02, 2021
  • First Open Lien Mortgage Loan Amount: $148,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2036

    Market Valuation

  • Market Total Value: $184,600
  • Market Land Value: $45,000
  • Market Improvement Value: $139,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $46,150
  • Assessed Land Value: $11,250
  • Assessed Improvements Value: $34,900

    Sales

  • Current Sale Contract Date: Nov 30, 2021
  • Current Sale Recording Date: Dec 02, 2021
  • Current Sale Transaction ID: 11871607502
  • Current Sale Price: $185,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 230925
  • Previous Sale Recording Date: Jul 13, 2020
  • Previous Sale Contract Date: Jul 08, 2020
  • Previous Sale Amount: $166,700
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST COMMUNITY MORTGAGE INC
  • First Mortgage Transaction Date: Dec 02, 2021
  • First Mortgage Loan Amount: $148,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: FIRST COMMERCE BANK
  • Previous Mortgage Transaction Date: Jul 13, 2020
  • Previous Mortgage Loan Amount: $170,173
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jul 08, 2025

About Chapel Hill



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Frequently Asked Questions

What neighborhood is 206 Southwest Forrest Street located in?
The 206 Southwest Forrest Street is a located in the neighborhood of Marshall in Chapel Hill, Chapel Hill.
What is the average sales price for listings in 206 Southwest Forrest Street?
The average sales price for units in 206 Southwest Forrest Street is $0 currently.

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