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2979 Winchester Highway

2979 Winchester Highway, Elora, TN 37328
Property in Lincoln
Sold Feb 18, 2022
$402,000
$321,600 by Loandepotcom Llc
Mortgage Due Mar 01, 2052
Sold Feb 28, 2014
$225,000
$200,000 by Citizens Community Bank
Mortgage
2979 Winchester Highway in Elora, TN was first built in 2002 and is 22 years old. Although, the building on the property was most recently renovated and altered in 2014. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 2979 Winchester Highway has 2,276 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 basement is 200 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 142,006 square feet.

Learn more about the property and building on this page. There is a screened porch. The home has a gable or hip style roof made of metal. Water for the property is sourced from a municipal system. The property is connected to a sewer system. For those who need parking, there is a mixed used garage. The garage is 484 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 B. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. 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. 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, 2979 Winchester Highway was last sold in Feb 16, 2022 for $402,000. According to our calculations, that's $176.63 per sqft. Prior to that sales transaction, the property was sold for $225,000 in Feb 28, 2014. Current property owners are expected to pay $1,394 in taxes per year. The property on 2979 Winchester Highway was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $66,300. To break that down further, the land itself was valued at $8,400. While improvements to the property were assessed at a total of $57,900. 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. 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.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: 2002
  • Effective Year Built: 2014
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: B
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Partial basement
  • Basement Area: 200
  • Garage Type: Mixed use
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 142,006
  • Total Building Area: 2,276
  • Building Area: 2,276
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 2,276
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: DANNY OWENS SUBDIVISION
  • Land Acres: 3.26
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 25 LOTS 1&2, COUNTY AREA: R04

Ownership

  • Current Owner : FORSHEY MICHAEL E
  • Current Owner 2: FORSHEY TAMMY E
  • Previous Owner : DAMRON SHELIA A
  • Owner Before Previous Owner: BOLLING KAREN LYNN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Lincoln County School District
  • Census Tract: 975500

Geography

  • Assessors Map Reference: 131
  • District: 25
  • Parcel: 052131 01303
  • Lot: 1,2
  • Latitude: 35.0654
  • Longitude: -86.3592

    Address

  • Full Address: 2979 Winchester Hwy
  • Address - House Number: 2979
  • Address - Street Name: Winchester
  • Address - Suffix Type: Hwy
  • State: TN
  • City Name: Elora
  • Carrier Code: R001
  • 4-Digit Zip Code: 4004
  • Zip Code: 37328

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,394
  • Tax Rate Code Area: 52A00

    Appraisal Valuation

  • Standard Deviation: 0.1581
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 68
  • Final Value: 442,684
  • High Value: 512,701
  • Low Value: 372,666

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $321,600
  • First Open Lien Mortgage Lender: LOANDEPOTCOM LLC
  • First Open Lien Mortgage Recording Date: Feb 18, 2022
  • First Open Lien Mortgage Loan Amount: $321,600
  • 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: Mar 01, 2052

    Market Valuation

  • Market Total Value: $265,200
  • Market Land Value: $33,600
  • Market Improvement Value: $231,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $66,300
  • Assessed Land Value: $8,400
  • Assessed Improvements Value: $57,900

    Sales

  • Current Sale Contract Date: Feb 16, 2022
  • Current Sale Recording Date: Feb 18, 2022
  • Current Sale Transaction ID: 11879908669
  • Current Sale Price: $402,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 971
  • Previous Sale Recording Date: Feb 28, 2014
  • Previous Sale Contract Date: Feb 28, 2014
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOTCOM LLC
  • First Mortgage Transaction Date: Feb 18, 2022
  • First Mortgage Loan Amount: $321,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: CITIZENS COMMUNITY BANK
  • Previous Mortgage Transaction Date: Feb 28, 2014
  • Previous Mortgage Loan Amount: $200,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA

About Lincoln



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Frequently Asked Questions

What neighborhood is 2979 Winchester Highway located in?
The 2979 Winchester Highway is a located in the neighborhood of Lincoln in Lincoln, Elora.
What is the average sales price for listings in 2979 Winchester Highway?
The average sales price for units in 2979 Winchester Highway is $0 currently.

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