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2553 Pitts Lane

2553 Pitts Lane, Murfreesboro, TN 37130
Property in Rutherford
Sold Aug 15, 2017
$460,000
$400,200 by Cmg Mortgage Inc
Mortgage Due Sep 01, 2047
Sold Jul 12, 2017
$126,000
$460,000 by Franklin Synergy Bank
Mortgage
2553 Pitts Lane in Murfreesboro, TN was first built in 1969 and is 55 years old. Although, the building on the property was most recently renovated and altered in 2002. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. In terms of bathrooms, there are a total of 12 full bathrooms. There are 12 partial bathrooms. 2553 Pitts Lane has 4,714 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. In total, the area measurement of the land is 100,188 square feet.

Learn more about the property and building on this page. There is a screened porch. For those who love swimming as a form of exercise, you'll be excited to find out that there is a both a pool and a spa on the property. The home has a gable or hip style roof made of metal. Water for the property is sourced from a municipal system. For those who need parking, there is a carport. The garage is 680 sqft. There are a total of 5 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B+. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick veneer. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heat pump. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2553 Pitts Lane was last sold in Aug 11, 2017 for $460,000. According to our calculations, that's $97.58 per sqft. Prior to that sales transaction, the property was sold for $126,000 in Jul 11, 2017. Current property owners are expected to pay $5,990 in taxes per year. The property on 2553 Pitts Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $211,775. To break that down further, the land itself was valued at $50,625. While improvements to the property were assessed at a total of $161,150. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 2002
  • Building Count: 3
  • Bedroom Count: 0
  • Bathroom Count: 12
  • Full Bathrooms: 12
  • Partial Bathrooms: 12
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: B+
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 680
  • Parking Space Count: 5
  • Porch Type: Screened porch
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 100,188
  • Total Building Area: 4,714
  • Building Area: 4,714
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 4,714
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: DODD FAMILY
  • Land Acres: 2.3
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential (general) (single)

Ownership

  • Current Owner : MACQUARRIE MICHAEL
  • Previous Owner : DAVID T DODD LIVING TRUST
  • Owner Before Previous Owner: DODD NANCY S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rutherford County School District in Murfreesboro
  • Census Tract: 041401

Geography

  • Assessors Map Reference: 40-218
  • Account Number: R0048801
  • District: 515
  • Parcel: 081B-F-013.00-000
  • Lot: 1
  • Municipality: MURFREESBORO
  • Latitude: 35.8831
  • Longitude: -86.3586

    Address

  • Full Address: 2553 Pitts Ln
  • Address - House Number: 2553
  • Address - Street Name: Pitts
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Murfreesboro
  • Carrier Code: R033
  • 4-Digit Zip Code: 1125
  • Zip Code: 37130

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,990

    Appraisal Valuation

  • Standard Deviation: 0.1268
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 85
  • Final Value: 907,064
  • High Value: 1,022,082
  • Low Value: 792,045

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $500,200
  • First Open Lien Mortgage Lender: CMG MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Aug 15, 2017
  • First Open Lien Mortgage Loan Amount: $400,200
  • 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: Sep 01, 2047
  • Second Open Lien Mortgage Lender: COGENT BANK
  • Second Open Lien Mortgage Recording Date: Nov 25, 2019
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Oct 31, 2039

    Market Valuation

  • Market Total Value: $847,100
  • Market Land Value: $202,500
  • Market Improvement Value: $644,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $211,775
  • Assessed Land Value: $50,625
  • Assessed Improvements Value: $161,150

    Sales

  • Current Sale Contract Date: Aug 11, 2017
  • Current Sale Recording Date: Aug 15, 2017
  • Current Sale Transaction ID: 1732593141
  • Current Sale Price: $460,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2100734
  • Previous Sale Recording Date: Jul 12, 2017
  • Previous Sale Contract Date: Jul 11, 2017
  • Previous Sale Amount: $126,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CMG MORTGAGE INC
  • First Mortgage Transaction Date: Aug 15, 2017
  • First Mortgage Loan Amount: $400,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: FRANKLIN SYNERGY BANK
  • Previous Mortgage Transaction Date: Jul 12, 2017
  • Previous Mortgage Loan Amount: $460,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

About Murfreesboro



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Frequently Asked Questions

What neighborhood is 2553 Pitts Lane located in?
The 2553 Pitts Lane is a located in the neighborhood of Rutherford in Murfreesboro, Murfreesboro.
What is the average sales price for listings in 2553 Pitts Lane?
The average sales price for units in 2553 Pitts Lane is $0 currently.

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