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303 Rainey Road

303 Rainey Road, Sharon, TN 38255
Property in Weakley
Sold Mar 27, 2019
$63,600
$62,448 by Leaders Cu
Mortgage Due Apr 01, 2049
Sold May 16, 2001
$47,000
Local assessors in Sharon, TN have categorized 303 Rainey Road as a residential type of property. The home was built in 1993 and is 31 years old. The property's lot size has been calculated to be 500,940 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. If we look only at the heated or air conditioned part of the building, then 303 Rainey Road has a total of 1,568 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 water system. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 480 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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. 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, 303 Rainey Road was last sold in Mar 25, 2019 for $63,600. According to our calculations, that's $40.56 per sqft. Prior to that sales transaction, the property was sold for $47,000 in Jan 1, 1970. Current property owners are expected to pay $230 in taxes per year. The property on 303 Rainey Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $11,650. To break that down further, the land itself was valued at $5,450. While improvements to the property were assessed at a total of $6,200. 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: 1993
  • Effective Year Built: 1993
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 500,940
  • Total Building Area: 1,568
  • Building Area: 1,568
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,568
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 11.5
  • Standard Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • Mobile Home Indicator: T
  • Legal Description 1: DISTRICT: 08, COUNTY AREA: W02

Ownership

  • Current Owner : ELLEGOOD CAMERON SCOTT
  • Current Owner 2: ELLEGOOD MAIGAN L
  • Previous Owner : LECORNU LINDA
  • Owner Before Previous Owner: ARY TIMOTHY S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et ux (and wife)

Neighborhood

  • School District Name: Weakley County School District
  • Census Tract: 968300

Zoning

  • Zoning: 00010

Geography

  • Assessors Map Reference: 118
  • District: 08
  • Parcel: 092118 06300
  • Latitude: 36.2272
  • Longitude: -88.856

    Address

  • Full Address: 303 Rainey Rd
  • Address - House Number: 303
  • Address - Street Name: Rainey
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Sharon
  • Carrier Code: R003
  • 4-Digit Zip Code: 3247
  • Zip Code: 38255

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $230
  • Tax Rate Code Area: 92A00

    Appraisal Valuation

  • Standard Deviation: 0.1401
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 71
  • Final Value: 81,976
  • High Value: 93,461
  • Low Value: 70,490

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $62,448
  • First Open Lien Mortgage Lender: LEADERS CU
  • First Open Lien Mortgage Recording Date: Mar 27, 2019
  • First Open Lien Mortgage Loan Amount: $62,448
  • 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, 2049

    Market Valuation

  • Market Total Value: $46,600
  • Market Land Value: $21,800
  • Market Improvement Value: $24,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $11,650
  • Assessed Land Value: $5,450
  • Assessed Improvements Value: $6,200

    Sales

  • Current Sale Contract Date: Mar 25, 2019
  • Current Sale Recording Date: Mar 27, 2019
  • Current Sale Transaction ID: 11594320345
  • Current Sale Price: $63,600
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19001141
  • Previous Sale Recording Date: May 16, 2001
  • Previous Sale Amount: $47,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LEADERS CU
  • First Mortgage Transaction Date: Mar 27, 2019
  • First Mortgage Loan Amount: $62,448
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2049

About Weakley



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Frequently Asked Questions

What neighborhood is 303 Rainey Road located in?
The 303 Rainey Road is a located in the neighborhood of Weakley in Weakley, Sharon.
What is the average sales price for listings in 303 Rainey Road?
The average sales price for units in 303 Rainey Road is $0 currently.

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