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2871 Scottsville Road

2871 Scottsville Road, Lafayette, TN 37083
House in Macon
Sold Mar 28, 2023
$326,667
$298,534 by Lending Hand Mortgage Llc
Mortgage Due Apr 01, 2053
Sold Sep 09, 2020
$237,600
$233,296 by Lending Hand Mortgage Llc
Mortgage Due Oct 01, 2050
Local assessors in Lafayette, TN have categorized 2871 Scottsville Road as a residential type of property. The home was built in 2020 and is 4 years old. The property's lot size has been calculated to be 40,946 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. 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 2871 Scottsville Road has a total of 2,193 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 municipal 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 unknown 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 good. 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 - B-. The building has a gable or hip style roof that was made of composition shingle. Lots of brick 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 and it is being fueled with electricity. 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, 2871 Scottsville Road was last sold in Mar 27, 2023 for $326,667. According to our calculations, that's $148.96 per sqft. Prior to that sales transaction, the property was sold for $237,600 in Sep 2, 2020. Current property owners are expected to pay $1,295 in taxes per year. The property on 2871 Scottsville Road was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $101,375. To break that down further, the land itself was valued at $5,325. While improvements to the property were assessed at a total of $96,050. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Condition

New Construction

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Good
  • Building Quality: B-
  • Building Style: Custom
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • 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
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 40,946
  • Total Building Area: 2,193
  • Gross Building Area: 2,193
  • Building Area: 2,193
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 2,193
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MAPLE RIDGE ESTATES
  • Land Acres: 0.94
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MAPLE RIDGE ESTATES LOT 04

Ownership

  • Current Owner : OWEN NICK
  • Current Owner 2: OWEN DESTINY
  • Previous Owner : BURKEEN TERRY L
  • Owner Before Previous Owner: HOLLIS KENNETH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Macon County School District
  • Census Tract: 970200

Geography

  • Assessors Map Reference: 038
  • District: 01
  • Parcel: 038-051.04
  • Lot: 4
  • Municipality: MACON COUNTY
  • Latitude: 36.5559
  • Longitude: -86.0505

    Address

  • Full Address: 2871 Scottsville Rd
  • Address - House Number: 2871
  • Address - Street Name: Scottsville
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Lafayette
  • Carrier Code: R006
  • 4-Digit Zip Code: 4267
  • Zip Code: 37083

Valuation

    Tax

  • Total Area: 2,193
  • Tax Year: 2022
  • Tax Amount: $1,295
  • Tax Rate Code Area: 56A00

    Appraisal Valuation

  • Standard Deviation: 0.1023
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 90
  • Final Value: 342,093
  • High Value: 377,120
  • Low Value: 307,067

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $298,534
  • First Open Lien Mortgage Lender: LENDING HAND MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Mar 28, 2023
  • First Open Lien Mortgage Loan Amount: $298,534
  • 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: Apr 01, 2053

    Market Valuation

  • Market Total Value: $405,500
  • Market Land Value: $21,300
  • Market Improvement Value: $384,200

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $101,375
  • Assessed Land Value: $5,325
  • Assessed Improvements Value: $96,050

    Sales

  • Current Sale Contract Date: Mar 27, 2023
  • Current Sale Recording Date: Mar 28, 2023
  • Current Sale Transaction ID: 11904366798
  • Current Sale Price: $326,667
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1011
  • Previous Sale Recording Date: Sep 09, 2020
  • Previous Sale Contract Date: Sep 02, 2020
  • Previous Sale Amount: $237,600
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LENDING HAND MORTGAGE LLC
  • First Mortgage Transaction Date: Mar 28, 2023
  • First Mortgage Loan Amount: $298,534
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: LENDING HAND MORTGAGE LLC
  • Previous Mortgage Transaction Date: Sep 09, 2020
  • Previous Mortgage Loan Amount: $233,296
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2050

About Macon



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Frequently Asked Questions

What neighborhood is 2871 Scottsville Road located in?
The 2871 Scottsville Road is a house located in the neighborhood of Macon in Macon, Lafayette.
What is the average sales price for listings in 2871 Scottsville Road?
The average sales price for units in 2871 Scottsville Road is $0 currently.

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