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271 County Rd 38

271 County Rd 38, Riceville, TN 37370
Property in McMinn
Sold Aug 31, 2016
$153,000
$80,000 by Tennessee Valley Fcu
Mortgage Due Aug 25, 2040
Sold Nov 28, 2007
Transfer
Local assessors in Riceville, TN have categorized 271 County Rd 38 as a residential type of property. The home was built in 1984 and is 40 years old. It was most recently renovated and altered in 2004. The property's lot size has been calculated to be 217,800 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 271 County Rd 38 has a total of 1,200 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 1,200 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Do you like to entertain? The home has a screened porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable or hip style roof that was made of composition shingle. Lots of unknown were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on a packaged air conditioning unit for their cooling system. The home's a heating system is the primary heating source. The property was last sold in Aug 30, 2016 for $153,000. That's $127.50 per sqft. 271 County Rd 38 was last assessed in 2023. The total value of the property was assessed at $54,975. Specifically, the land the property is located on was valued at $7,500. While improvements on the property were assessed at a total of $47,475. 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 $595. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 1984
  • Effective Year Built: 2004
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • 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: Full basement
  • Basement Area: 1,200
  • Parking Space Count: 0
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 217,800
  • Total Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,200
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GOFORTH FR
  • Land Acres: 5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 05 05 078 078 04900 000, COUNTY AREA: G01

Ownership

  • Current Owner : NIXON GERTRUDE ELIZABETH
  • Current Owner 2: MERRYMAN NICOLE ELIZABETH
  • Previous Owner : HICKS KATHRYN ELIZABETH
  • Owner Before Previous Owner: HERBERT LINDA G
  • 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: 072
  • District: 05
  • Parcel: 054072 07300
  • Lot: 2
  • Latitude: 35.3994
  • Longitude: -84.7663

    Address

  • Full Address: 271 County Road 38
  • Address - House Number: 271
  • Address - Street Name: County Road 38
  • State: TN
  • City Name: Riceville
  • Carrier Code: R002
  • 4-Digit Zip Code: 5413
  • Zip Code: 37370

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $595
  • Tax Rate Code Area: 54A00

    Appraisal Valuation

  • Standard Deviation: 0.461
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 54
  • Final Value: 303,046
  • High Value: 397,251
  • Low Value: 208,842

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $80,000
  • First Open Lien Mortgage Lender: TENNESSEE VALLEY FCU
  • First Open Lien Mortgage Recording Date: Sep 03, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $80,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Aug 25, 2040

    Market Valuation

  • Market Total Value: $219,900
  • Market Land Value: $30,000
  • Market Improvement Value: $189,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $54,975
  • Assessed Land Value: $7,500
  • Assessed Improvements Value: $47,475

    Sales

  • Current Sale Contract Date: Aug 30, 2016
  • Current Sale Recording Date: Aug 31, 2016
  • Current Sale Transaction ID: 1779708620
  • Current Sale Price: $153,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 183682
  • Previous Sale Recording Date: Nov 28, 2007
  • Previous Sale Document Type: Deed

About McMinn



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Frequently Asked Questions

What neighborhood is 271 County Rd 38 located in?
The 271 County Rd 38 is a located in the neighborhood of McMinn in McMinn, Riceville.
What is the average sales price for listings in 271 County Rd 38?
The average sales price for units in 271 County Rd 38 is $0 currently.

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