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2640 Ridgeway Drive

2640 Ridgeway Drive, Sugar Tree, TN 38380
Property in Decatur
Sold Jul 07, 2023
$569,000
$426,750 by Mortgage Research Center, Llc
Mortgage Due Jul 01, 2053
Sold Jan 18, 2011
$260,000
$234,000 by Community Mortgage
Mortgage Due Feb 01, 2041
2640 Ridgeway Drive in Sugar Tree, TN was first built in 2003 and is 21 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2640 Ridgeway Drive has 2,610 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 15,476 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 metal. Water for the property is sourced from none system. We do not have data on where the property's water is sourced from. For those who need parking, there is a garage. The garage is 714 sqft. There are a total of 2 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. 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 air conditioning. As for heating, the home is utilizing a heating system. The property was last sold in Jun 29, 2023 for $569,000. That's $218.01 per sqft. Prior to that sales transaction, the property was also sold in Jan 18, 2011 for $260,000. 2640 Ridgeway Drive was last assessed in 2023. The total value of the property was assessed at $74,600. Specifically, the land the property is located on was valued at $16,250. While improvements on the property were assessed at a total of $58,350. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,925. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C+
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Vinyl
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Square Area: 714
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 15,476
  • Total Building Area: 2,610
  • Building Area: 2,610
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,610
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: PONDEROSA
  • Land Acres: 0.355
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 09, COUNTY AREA: R01

Ownership

  • Current Owner : MARTIN DANIEL
  • Current Owner 2: SIEBER MARNIE
  • Previous Owner : GRAVES STANLEY
  • Previous Owner 2: GRAVES JUDY
  • Owner Before Previous Owner: COX JAMES L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Decatur County School District
  • Census Tract: 955001

Geography

  • Assessors Map Reference: 025D
  • District: 09
  • Parcel: 020025C F 00701
  • Block: A
  • Lot: 23
  • Latitude: 35.7804
  • Longitude: -87.9939

    Address

  • Full Address: 2640 Ridgeway Dr
  • Address - House Number: 2640
  • Address - Street Name: Ridgeway
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Sugar Tree
  • Carrier Code: R001
  • 4-Digit Zip Code: 5092
  • Zip Code: 38380

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,925
  • Tax Rate Code Area: 20A00

    Appraisal Valuation

  • Standard Deviation: 0.146
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 82
  • Final Value: 576,685
  • High Value: 660,907
  • Low Value: 492,463

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $426,750
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER, LLC
  • First Open Lien Mortgage Recording Date: Jul 07, 2023
  • First Open Lien Mortgage Loan Amount: $426,750
  • 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: Jul 01, 2053

    Market Valuation

  • Market Total Value: $298,400
  • Market Land Value: $65,000
  • Market Improvement Value: $233,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $74,600
  • Assessed Land Value: $16,250
  • Assessed Improvements Value: $58,350

    Sales

  • Current Sale Contract Date: Jun 29, 2023
  • Current Sale Recording Date: Jul 07, 2023
  • Current Sale Transaction ID: 11908872093
  • Current Sale Price: $569,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 91136
  • Previous Sale Recording Date: Jan 18, 2011
  • Previous Sale Contract Date: Jan 18, 2011
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER, LLC
  • First Mortgage Transaction Date: Jul 07, 2023
  • First Mortgage Loan Amount: $426,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: COMMUNITY MORTGAGE
  • Previous Mortgage Transaction Date: Jan 25, 2011
  • Previous Mortgage Loan Amount: $234,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Cash
  • Previous Mortgage Loan Due Date: Feb 01, 2041

About Decatur



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Frequently Asked Questions

What neighborhood is 2640 Ridgeway Drive located in?
The 2640 Ridgeway Drive is a located in the neighborhood of Decatur in Decatur, Sugar Tree.
What is the average sales price for listings in 2640 Ridgeway Drive?
The average sales price for units in 2640 Ridgeway Drive is $0 currently.

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