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306 Rosemary Lane

306 Rosemary Lane, Shelbyville, TN 37160
Property in Bedford
Sold Aug 11, 2021
$285,900
$140,000 by Regions Bank
Mortgage Due Feb 05, 2052
Sold Mar 11, 2021
$189,000
$160,650 by Peoples Bank Of Middle Tenness
Mortgage
306 Rosemary Lane in Shelbyville, TN was first built in 1961 and is 63 years old. Although, the building on the property was most recently renovated and altered in 1996. 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 2 partial bathrooms. 306 Rosemary Lane has 1,711 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 1,000 ft and the linear feet between the front and back of the lot is 1,790. In total, the area measurement of the land is 17,900 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The home has a gable or hip style roof made of composition shingle. 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 405 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 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 air conditioning. As for heating, the home is utilizing a heating system. 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 Rosemary Lane sold most recently in Aug 10, 2021 for a total of $285,900. If you work out the math, that's approximately a cost of $167.10 per sqft. Before that, the property was also sold for $189,000 in Mar 8, 2021. 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 $1,834 in taxes each year. 306 Rosemary Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $46,825. If we break it down further, the land itself was valued at $8,050. Improvements to the property, however, were assessed at a total of $38,775. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1996
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • 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
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Square Area: 405
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 17,900
  • Lot Size Depth Feet: 1,790
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,711
  • Building Area: 1,711
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,711
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FAIRLANE NO 1
  • Land Acres: 0.411
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 07 LESS 15.4' FRONTAGE LOT 23, COUNTY AREA: A01

Ownership

  • Current Owner : HOLSONBACK ANN A
  • Previous Owner : LAMBERT JOE M
  • Owner Before Previous Owner: NEWSOM CASEY
  • Owner Before Previous Owner 2: NEWSOM ASHLEY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bedford County School District
  • School Tax School District: 02659
  • Census Tract: 950402

Geography

  • Assessors Map Reference: 079E
  • District: 07
  • Parcel: 002079E E 00800
  • Lot: 23
  • Municipality: SHELBYVILLE
  • Latitude: 35.5041
  • Longitude: -86.4787

    Address

  • Full Address: 306 Rosemary Ln
  • Address - House Number: 306
  • Address - Street Name: Rosemary
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Shelbyville
  • Carrier Code: C006
  • 4-Digit Zip Code: 2235
  • Zip Code: 37160

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,834
  • Tax Rate Code Area: 02A03

    Appraisal Valuation

  • Standard Deviation: 0.4879
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 2
  • Final Value: 259,767
  • High Value: 386,510
  • Low Value: 133,023

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $140,000
  • First Open Lien Mortgage Lender: REGIONS BANK
  • First Open Lien Mortgage Recording Date: Jan 11, 2022
  • First Open Lien Mortgage Loan Amount: $140,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Feb 05, 2052

    Market Valuation

  • Market Total Value: $187,300
  • Market Land Value: $32,200
  • Market Improvement Value: $155,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $46,825
  • Assessed Land Value: $8,050
  • Assessed Improvements Value: $38,775

    Sales

  • Current Sale Contract Date: Aug 10, 2021
  • Current Sale Recording Date: Aug 11, 2021
  • Current Sale Transaction ID: 11849452647
  • Current Sale Price: $285,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21007143
  • Previous Sale Recording Date: Mar 11, 2021
  • Previous Sale Contract Date: Mar 08, 2021
  • Previous Sale Amount: $189,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: REGIONS BANK
  • First Mortgage Transaction Date: Aug 11, 2021
  • First Mortgage Loan Amount: $86,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PEOPLES BANK OF MIDDLE TENNESS
  • Previous Mortgage Transaction Date: Mar 11, 2021
  • Previous Mortgage Loan Amount: $160,650
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Shelbyville



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Frequently Asked Questions

What neighborhood is 306 Rosemary Lane located in?
The 306 Rosemary Lane is a located in the neighborhood of Bedford in Shelbyville, Shelbyville.
What is the average sales price for listings in 306 Rosemary Lane?
The average sales price for units in 306 Rosemary Lane is $0 currently.

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