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2068 Liberty Street

2068 Liberty Street, Milan, TN 38358
Property in Gibson
Sold Feb 02, 2021
$411,000
$349,350 by Centennial Bank
Mortgage Due Feb 10, 2026
Sold May 23, 2013
$135,000
$121,500 by Bank Of Milan
Mortgage
2068 Liberty Street in Milan, TN was first built in 1909 and is 115 years old. 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. 2068 Liberty Street has 1,548 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. The linear feet across the front of the lot is 650 ft and the linear feet between the front and back of the lot is 1,600. In total, the area measurement of the land is 10,400 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 composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. 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 gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. As for heating, the home is utilizing floor/wall heating system. 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, 2068 Liberty Street sold most recently in Jan 29, 2021 for a total of $411,000. If you work out the math, that's approximately a cost of $265.50 per sqft. Before that, the property was also sold for $135,000 in May 17, 2013. 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 $310 in taxes each year. 2068 Liberty Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $9,700. If we break it down further, the land itself was valued at $1,500. Improvements to the property, however, were assessed at a total of $8,200. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1909
  • Effective Year Built: 1909
  • 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: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,400
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,548
  • Building Area: 1,548
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,548
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.239
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 13, COUNTY AREA: M10

Ownership

  • Current Owner : ALLEN BARRY
  • Current Owner 2: BARRY ALLEN RENTALS
  • Previous Owner : CAE PROPERTIES LLC
  • Owner Before Previous Owner: JENKINS ROBERT A
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Milan Special School District
  • School Tax School District: 27485
  • Census Tract: 966502

Geography

  • Assessors Map Reference: 140C
  • District: 13
  • Parcel: 027140C H 02600
  • Municipality: MILAN CITY
  • Latitude: 35.9157
  • Longitude: -88.7586

    Address

  • Full Address: 2068 Liberty St
  • Address - House Number: 2068
  • Address - Street Name: Liberty
  • Address - Suffix Type: St
  • State: TN
  • City Name: Milan
  • Carrier Code: C004
  • 4-Digit Zip Code: 3044
  • Zip Code: 38358

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $310
  • Tax Rate Code Area: 27E07

    Appraisal Valuation

  • Standard Deviation: 0.1334
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 73
  • Final Value: 41,238
  • High Value: 46,741
  • Low Value: 35,734

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $349,350
  • First Open Lien Mortgage Lender: CENTENNIAL BANK
  • First Open Lien Mortgage Recording Date: Feb 02, 2021
  • First Open Lien Mortgage Loan Amount: $349,350
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Feb 10, 2026

    Market Valuation

  • Market Total Value: $38,800
  • Market Land Value: $6,000
  • Market Improvement Value: $32,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $9,700
  • Assessed Land Value: $1,500
  • Assessed Improvements Value: $8,200

    Sales

  • Current Sale Contract Date: Jan 29, 2021
  • Current Sale Recording Date: Feb 02, 2021
  • Current Sale Transaction ID: 11823745448
  • Current Sale Price: $411,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202401
  • Previous Sale Recording Date: May 23, 2013
  • Previous Sale Contract Date: May 17, 2013
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CENTENNIAL BANK
  • First Mortgage Transaction Date: Feb 02, 2021
  • First Mortgage Loan Amount: $349,350
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Feb 10, 2026

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF MILAN
  • Previous Mortgage Transaction Date: May 23, 2013
  • Previous Mortgage Loan Amount: $121,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Milan



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Frequently Asked Questions

What neighborhood is 2068 Liberty Street located in?
The 2068 Liberty Street is a located in the neighborhood of Gibson in Milan, Milan.
What is the average sales price for listings in 2068 Liberty Street?
The average sales price for units in 2068 Liberty Street is $0 currently.

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