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225 Chestnut Drive

225 Chestnut Drive, Shelbyville, TN 37160
House in Bedford
Sold Oct 13, 2023
$255,000
$257,575 by First Community Mortgage, Inc.
Mortgage Due Nov 01, 2053
Sold Sep 21, 2020
$183,000
$164,500 by Firstbank
Mortgage Due Oct 01, 2050
225 Chestnut Drive in Shelbyville, TN was first built in 1958 and is 66 years old. Although, the building on the property was most recently renovated and altered in 2013. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 225 Chestnut Drive has 1,186 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 750 ft and the linear feet between the front and back of the lot is 1,510. In total, the area measurement of the land is 11,325 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. For those who need parking, there is a carport. There are a total of 3 available parking spaces. 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. The exterior walls of the home are made of unknown. While the interior walls are made of paneling. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with a packaged air conditioning unit. As for heating, the home is utilizing a 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, 225 Chestnut Drive sold most recently in Oct 12, 2023 for a total of $255,000. If you work out the math, that's approximately a cost of $215.01 per sqft. Before that, the property was also sold for $183,000 in Sep 10, 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 $1,541 in taxes each year. The initial year of tax delinquency occurred in 2018. 225 Chestnut Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $39,350. If we break it down further, the land itself was valued at $7,000. Improvements to the property, however, were assessed at a total of $32,350. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 2013
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Interior Walls Type: Paneling
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 11,325
  • Lot Size Depth Feet: 1,510
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,186
  • Building Area: 1,186
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,186
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ROLLING FIELDS
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 07 LOTS 37, 38, COUNTY AREA: B04

Ownership

  • Current Owner : LOPEZ MARCO JAVIER
  • Current Owner 2: HARDISON TATUM SHAY
  • Previous Owner : BENNETT TOMMIE BELLE
  • Owner Before Previous Owner: DYE BILLY
  • Owner Before Previous Owner 2: DYE DAWN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Bedford County School District
  • School Tax School District: 02659
  • Census Tract: 950500

Geography

  • Assessors Map Reference: 078B
  • District: 07
  • Parcel: 002078B B 01500
  • Block: E
  • Lot: 36
  • Municipality: SHELBYVILLE
  • Latitude: 35.508
  • Longitude: -86.4516

    Address

  • Full Address: 225 Chestnut Dr
  • Address - House Number: 225
  • Address - Street Name: Chestnut
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Shelbyville
  • Carrier Code: R013
  • 4-Digit Zip Code: 2401
  • Zip Code: 37160

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,541
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 02A03

    Appraisal Valuation

  • Standard Deviation: 0.4879
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 2
  • Final Value: 228,895
  • High Value: 340,576
  • Low Value: 117,213

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $257,575
  • First Open Lien Mortgage Lender: FIRST COMMUNITY MORTGAGE, INC.
  • First Open Lien Mortgage Recording Date: Oct 13, 2023
  • First Open Lien Mortgage Loan Amount: $257,575
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2053

    Market Valuation

  • Market Total Value: $157,400
  • Market Land Value: $28,000
  • Market Improvement Value: $129,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,350
  • Assessed Land Value: $7,000
  • Assessed Improvements Value: $32,350

    Sales

  • Current Sale Contract Date: Oct 12, 2023
  • Current Sale Recording Date: Oct 13, 2023
  • Current Sale Transaction ID: 11914358325
  • Current Sale Price: $255,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6851
  • Previous Sale Recording Date: Sep 21, 2020
  • Previous Sale Contract Date: Sep 10, 2020
  • Previous Sale Amount: $183,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST COMMUNITY MORTGAGE, INC.
  • First Mortgage Transaction Date: Oct 13, 2023
  • First Mortgage Loan Amount: $257,575
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: FIRSTBANK
  • Previous Mortgage Transaction Date: Sep 21, 2020
  • Previous Mortgage Loan Amount: $164,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2050

About Shelbyville



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 225 Chestnut Drive located in?
The 225 Chestnut Drive is a house located in the neighborhood of Bedford in Shelbyville, Shelbyville.
What is the average sales price for listings in 225 Chestnut Drive?
The average sales price for units in 225 Chestnut Drive is $0 currently.

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