Check Availability

262 Forrestwood Drive

262 Forrestwood Drive, Manchester, TN 37355
Property in Coffee
Sold Nov 30, 2023
$259,000
$254,308 by First Community Mortgage, Inc.
Mortgage Due Dec 01, 2053
Sold Jul 03, 2019
$152,500
$147,925 by Cmg Mortgage Inc
Mortgage Due Jul 01, 2049
262 Forrestwood Drive in Manchester, TN was first built in 2019 and is 5 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a custom style. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 262 Forrestwood Drive has 1,248 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 1,000 ft and the linear feet between the front and back of the lot is 3,820. In total, the area measurement of the land is 43,560 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable or hip style roof made of composition shingle. Water for the property is sourced from a municipal system. The property is connected to a sewer system. 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, 262 Forrestwood Drive sold most recently in Nov 28, 2023 for a total of $259,000. If you work out the math, that's approximately a cost of $207.53 per sqft. Before that, the property was also sold for $152,500 in Jun 28, 2019. 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 $1,726 in taxes each year. 262 Forrestwood Drive was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $40,925. If we break it down further, the land itself was valued at $5,000. Improvements to the property, however, were assessed at a total of $35,925. 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: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Custom
  • Interior Walls Type: Paneling
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 3,820
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,248
  • Gross Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,248
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FORRESTWOOD
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • State Land Use Code: Pipeline or right-of-way
  • Legal Description 1: FORRESTWOOD PB: 154B BLK: SOUTH LOT: 13 100X382 M IRR

Ownership

  • Current Owner : SUMMERS JACOB
  • Current Owner 2: HENSLEY ARIEL
  • Previous Owner : JACKSON-PHOTHIRATH MELISSA
  • Owner Before Previous Owner: BURCH ERIC J
  • Owner Before Previous Owner 2: SWANSON LEIF
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Manchester City School District
  • School Tax School District: 16458
  • Census Tract: 970502

Geography

  • Assessors Map Reference: 085O
  • District: 01
  • Parcel: 085O-B-012.00
  • Block: SOUTH
  • Lot: 13
  • Municipality: MANCHESTER
  • Latitude: 35.4474
  • Longitude: -86.0731

    Address

  • Full Address: 262 Forrestwood Dr
  • Address - House Number: 262
  • Address - Street Name: Forrestwood
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Manchester
  • Carrier Code: R013
  • 4-Digit Zip Code: 8445
  • Zip Code: 37355

Valuation

    Tax

  • Total Area: 1,248
  • Tax Year: 2023
  • Tax Amount: $1,726
  • Tax Rate Code Area: 16C01

    Appraisal Valuation

  • Standard Deviation: 0.0907
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 258,552
  • High Value: 282,028
  • Low Value: 235,076

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $254,308
  • First Open Lien Mortgage Lender: FIRST COMMUNITY MORTGAGE, INC.
  • First Open Lien Mortgage Recording Date: Nov 30, 2023
  • First Open Lien Mortgage Loan Amount: $254,308
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2053

    Market Valuation

  • Market Total Value: $163,700
  • Market Land Value: $20,000
  • Market Improvement Value: $143,700

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $40,925
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $35,925

    Sales

  • Current Sale Contract Date: Nov 28, 2023
  • Current Sale Recording Date: Nov 30, 2023
  • Current Sale Transaction ID: 11917048576
  • Current Sale Price: $259,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 8513
  • Previous Sale Recording Date: Jul 03, 2019
  • Previous Sale Contract Date: Jun 28, 2019
  • Previous Sale Amount: $152,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST COMMUNITY MORTGAGE, INC.
  • First Mortgage Transaction Date: Nov 30, 2023
  • First Mortgage Loan Amount: $254,308
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: CMG MORTGAGE INC
  • Previous Mortgage Transaction Date: Jul 03, 2019
  • Previous Mortgage Loan Amount: $147,925
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2049

About Manchester



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 262 Forrestwood Drive located in?
The 262 Forrestwood Drive is a located in the neighborhood of Coffee in Manchester, Manchester.
What is the average sales price for listings in 262 Forrestwood Drive?
The average sales price for units in 262 Forrestwood Drive is $0 currently.

Quantcast