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302 Smotherman Lane

302 Smotherman Lane, Shelbyville, TN 37160
House in Bedford
Sold Oct 01, 2020
$220,000
$193,338 by Homebridge Financial Services
Mortgage Due Jul 01, 2051
Sold Jul 22, 2016
$153,000
$150,228 by Acopia
Mortgage Due Aug 01, 2046
302 Smotherman Lane in Shelbyville, TN was first built in 2016 and is 8 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. 302 Smotherman Lane has 1,550 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 960 ft and the linear feet between the front and back of the lot is 1,360. In total, the area measurement of the land is 13,168 square feet.

Learn more about the property and building on this page. There is a open porch. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. The garage is 420 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 good. The exterior walls of the home are made of brick. 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 Sep 25, 2020 for $220,000. That's $141.94 per sqft. Prior to that sales transaction, the property was also sold in Jul 20, 2016 for $153,000. 302 Smotherman Lane was last assessed in 2023. The total value of the property was assessed at $52,050. Specifically, the land the property is located on was valued at $5,250. While improvements on the property were assessed at a total of $46,800. 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 $2,038. 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. 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.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Good
  • Building Quality: C+
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Basement Area: 0
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 13,168
  • Lot Size Depth Feet: 1,360
  • Lot Size Frontage Feet: 960
  • Total Building Area: 1,550
  • Building Area: 1,550
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,550
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MOUNTAIN MEADOWS SUBD
  • Land Acres: 0.3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 03, COUNTY AREA: B05

Ownership

  • Current Owner : THOMAS ALTON B
  • Previous Owner : COX DANIEL
  • Previous Owner 2: COX CHRISTINA D
  • Owner Before Previous Owner: SMOTHERMAN PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Bedford County School District
  • School Tax School District: 02659
  • Census Tract: 950500

Geography

  • Assessors Map Reference: 078L
  • District: 03
  • Parcel: 002078L E 00700
  • Lot: 7
  • Municipality: SHELBYVILLE
  • Latitude: 35.4975
  • Longitude: -86.433

    Address

  • Full Address: 302 Smotherman Ln
  • Address - House Number: 302
  • Address - Street Name: Smotherman
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Shelbyville
  • Carrier Code: R010
  • 4-Digit Zip Code: 5141
  • Zip Code: 37160

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,038
  • Tax Rate Code Area: 02A03

    Appraisal Valuation

  • Standard Deviation: 0.2587
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 330,680
  • High Value: 416,241
  • Low Value: 245,118

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $214,543
  • First Open Lien Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Sep 23, 2021
  • First Open Lien Mortgage Loan Amount: $193,338
  • 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: Jul 01, 2051
  • Second Open Lien Mortgage Lender: FIRST NATIONAL BANK OF MIDDLE
  • Second Open Lien Mortgage Recording Date: Apr 13, 2022
  • Second Open Lien Mortgage Loan Amount: $21,205
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Apr 26, 2042

    Market Valuation

  • Market Total Value: $208,200
  • Market Land Value: $21,000
  • Market Improvement Value: $187,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $52,050
  • Assessed Land Value: $5,250
  • Assessed Improvements Value: $46,800

    Sales

  • Current Sale Contract Date: Sep 25, 2020
  • Current Sale Recording Date: Oct 01, 2020
  • Current Sale Transaction ID: 11790475959
  • Current Sale Price: $220,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20007621
  • Previous Sale Recording Date: Jul 22, 2016
  • Previous Sale Contract Date: Jul 20, 2016
  • Previous Sale Amount: $153,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST NATIONAL BANK
  • First Mortgage Transaction Date: Oct 01, 2020
  • First Mortgage Loan Amount: $193,325
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: ACOPIA
  • Previous Mortgage Transaction Date: Jul 22, 2016
  • Previous Mortgage Loan Amount: $150,228
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2046

About Shelbyville



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Frequently Asked Questions

What neighborhood is 302 Smotherman Lane located in?
The 302 Smotherman Lane is a house located in the neighborhood of Bedford in Shelbyville, Shelbyville.
What is the average sales price for listings in 302 Smotherman Lane?
The average sales price for units in 302 Smotherman Lane is $0 currently.

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