Check Availability

306 Arbor Oaks Drive

306 Arbor Oaks Drive, Medina, TN 38355
Property in Gibson
Sold Dec 22, 2015
$245,000
$232,750 by Franklin American Mortgage
Mortgage Due Dec 18, 2046
Sold May 29, 2014
$239,900
$227,905 by Sirva Mortgage Inc
Mortgage
306 Arbor Oaks Drive has been categorized by the local assessors in Medina, TN as a residential type of property. The building on the property was first built in 2014 and is 10 years old. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 306 Arbor Oaks Drive has 2,453 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 900 ft. The area measurement of the land has been determined as 11,250 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 810 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of rock and stone. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 306 Arbor Oaks Drive sold most recently in Dec 16, 2015 for a total of $245,000. If you work out the math, that's approximately a cost of $99.88 per sqft. Before that, the property was also sold for $239,900 in May 27, 2014. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,087 in taxes each year. 306 Arbor Oaks Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $68,600. If we break it down further, the land itself was valued at $7,500. Improvements to the property, however, were assessed at a total of $61,100. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: B
  • Exterior Walls Type: Rock and stone
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Square Area: 810
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 11,250
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,453
  • Building Area: 2,453
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,453
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ARBOR OAKS PHASE 2 SECTION 1
  • Land Acres: 0.258
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : RICH SCOTT
  • Current Owner 2: RICH OLIVE
  • Previous Owner : BONILLA LUIS ANTONIO DELGADO
  • Owner Before Previous Owner: CLARK FAMILY HOLDINGS LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et ux (and wife)

Neighborhood

  • School District Name: Gibson County School District
  • School Tax School District: 27473
  • Census Tract: 967100

Geography

  • Assessors Map Reference: 172D
  • District: 02
  • Parcel: 027172D C 26100
  • Lot: 261
  • Municipality: MEDINA CITY
  • Latitude: 35.8293
  • Longitude: -88.7957

    Address

  • Full Address: 306 Arbor Oaks Dr
  • Address - House Number: 306
  • Address - Street Name: Arbor Oaks
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Medina
  • Carrier Code: R004
  • 4-Digit Zip Code: 6953
  • Zip Code: 38355

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,087
  • Tax Rate Code Area: 27B06

    Appraisal Valuation

  • Standard Deviation: 0.2556
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 63
  • Final Value: 445,782
  • High Value: 559,768
  • Low Value: 331,797

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $232,750
  • First Open Lien Mortgage Lender: FRANKLIN AMERICAN MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 22, 2015
  • First Open Lien Mortgage Loan Amount: $232,750
  • First Open Lien Mortgage Term: 371
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 18, 2046

    Market Valuation

  • Market Total Value: $274,400
  • Market Land Value: $30,000
  • Market Improvement Value: $244,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $68,600
  • Assessed Land Value: $7,500
  • Assessed Improvements Value: $61,100

    Sales

  • Current Sale Contract Date: Dec 16, 2015
  • Current Sale Recording Date: Dec 22, 2015
  • Current Sale Transaction ID: 1388367696
  • Current Sale Price: $245,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 159323
  • Previous Sale Recording Date: May 29, 2014
  • Previous Sale Contract Date: May 27, 2014
  • Previous Sale Amount: $239,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FRANKLIN AMERICAN MORTGAGE
  • First Mortgage Transaction Date: Dec 22, 2015
  • First Mortgage Loan Amount: $232,750
  • First Mortgage Terms: 371
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 18, 2046

    Previous Mortgages

  • Previous Mortgage Lender: SIRVA MORTGAGE INC
  • Previous Mortgage Transaction Date: May 29, 2014
  • Previous Mortgage Loan Amount: $227,905
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Medina



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 306 Arbor Oaks Drive located in?
The 306 Arbor Oaks Drive is a located in the neighborhood of Gibson in Medina, Medina.
What is the average sales price for listings in 306 Arbor Oaks Drive?
The average sales price for units in 306 Arbor Oaks Drive is $0 currently.

Quantcast