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221 County Rd 756

221 County Rd 756, Riceville, TN 37370
Property in McMinn
Sold Dec 22, 2021
Transfer
$162,800 by Cardinal Financial Company Lp
Mortgage Due Jan 01, 2042
Sold Jun 09, 2003
$10,000
221 County Rd 756 has been categorized by the local assessors in Riceville, TN as a residential type of property. The building on the property was first built in 2008 and is 16 years old. However, we must point out that the home was most recently renovated and altered in 2009. 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, 221 County Rd 756 has 2,030 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 218,671 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 detached garage for those who require parking. The garage measured 252 sqft. According to our sources, there is one available parking space. 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 D by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of unknown. 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 a packaged air conditioning unit 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $10,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $547 in taxes each year. 221 County Rd 756 was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $50,500. If we break it down further, the land itself was valued at $13,300. Improvements to the property, however, were assessed at a total of $37,200. 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. 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. 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: 2008
  • Effective Year Built: 2009
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • 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
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 252
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 218,671
  • Total Building Area: 2,030
  • Building Area: 2,030
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 2,030
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BURRIS FR 4
  • Land Acres: 5.02
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 05 05 122 122 05000 000, COUNTY AREA: H01 1 ADDITIONAL MOBILE HOME

Ownership

  • Current Owner : HAMMONS BRIDGETTE ANN
  • Current Owner 2: HAMMONS CASEY JOSEPH
  • Previous Owner : HAMMONS BRIDGETTE ANN
  • Previous Owner 2: HAMMONS BRIDGETT ANN
  • Owner Before Previous Owner: MALONE DEVELOPMENT ASSOCIA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Her Husband

Neighborhood

  • School District Name: McMinn County School District
  • Census Tract: 970802

Geography

  • Assessors Map Reference: 123
  • District: 05
  • Parcel: 054123 04200
  • Latitude: 35.3013
  • Longitude: -84.6588

    Address

  • Full Address: 221 County Road 756
  • Address - House Number: 221
  • Address - Street Name: County Road 756
  • State: TN
  • City Name: Riceville
  • Carrier Code: R001
  • 4-Digit Zip Code: 5206
  • Zip Code: 37370

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $547
  • Tax Rate Code Area: 54A00

    Appraisal Valuation

  • Standard Deviation: 0.461
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 51
  • Final Value: 266,155
  • High Value: 354,628
  • Low Value: 177,683

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $162,800
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Open Lien Mortgage Recording Date: Dec 22, 2021
  • First Open Lien Mortgage Loan Amount: $162,800
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2042

    Market Valuation

  • Market Total Value: $202,000
  • Market Land Value: $53,200
  • Market Improvement Value: $148,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $50,500
  • Assessed Land Value: $13,300
  • Assessed Improvements Value: $37,200

    Sales

  • Current Sale Contract Date: Dec 11, 2021
  • Current Sale Recording Date: Dec 22, 2021
  • Current Sale Transaction ID: 11875955150
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 232043
  • Previous Sale Recording Date: Jun 09, 2003
  • Previous Sale Amount: $10,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Mortgage Transaction Date: Dec 22, 2021
  • First Mortgage Loan Amount: $162,800
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2042

About McMinn



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Frequently Asked Questions

What neighborhood is 221 County Rd 756 located in?
The 221 County Rd 756 is a located in the neighborhood of McMinn in McMinn, Riceville.
What is the average sales price for listings in 221 County Rd 756?
The average sales price for units in 221 County Rd 756 is $0 currently.

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