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313 Chestnut Drive

313 Chestnut Drive, Shelbyville, TN 37160
Property in Bedford
Sold Jan 15, 2020
$96,500
$82,025 by Peoples Bank Of Middle Tenness
Mortgage Due Jan 15, 2050
Sold Dec 28, 2016
$73,500
$74,242 by First National Bank Of Middle
Mortgage Due Jan 01, 2047
Local assessors in Shelbyville, TN have categorized 313 Chestnut Drive as a residential type of property. The home was built in 1963 and is 61 years old. It was most recently renovated and altered in 1996. The property's lot size has been calculated to be 11,025 square feet. The linear feet between the front and back of the lot was measured at 1,470 ft and the front of the lot was measured at 750 ft. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 313 Chestnut Drive has a total of 1,125 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 275 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. 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. The building has a gable or hip style roof that was made of composition shingle. Lots of unknown were used in the construction of the exterior walls of the home. While the walls in the interior have been made of paneling. As for flooring, was the material of choice during construction. Residents rely on a packaged air conditioning unit for their cooling system. The home's a heating system is the primary heating source. 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, 313 Chestnut Drive was last sold in Jan 14, 2020 for $96,500. According to our calculations, that's $85.78 per sqft. Prior to that sales transaction, the property was sold for $73,500 in Dec 22, 2016. Current property owners are expected to pay $1,019 in taxes per year. The property on 313 Chestnut Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $26,025. To break that down further, the land itself was valued at $7,000. While improvements to the property were assessed at a total of $19,025. 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: 1963
  • Effective Year Built: 1996
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Interior Walls Type: Paneling
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 275
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 11,025
  • Lot Size Depth Feet: 1,470
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,125
  • Building Area: 1,125
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,125
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ROLLING FIELDS
  • Land Acres: 0.253
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 07 LOT 55 PART OF 53 & 56, COUNTY AREA: B04

Ownership

  • Current Owner : UNIVERSAL PROPERTIES & RENTAL LLC
  • Previous Owner : DENNIS SARA
  • Previous Owner 2: VAUGHN SARA
  • Owner Before Previous Owner: CALABRESE MITCH
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Geography

  • Assessors Map Reference: 078B
  • District: 07
  • Parcel: 002078B B 00900
  • Block: E
  • Lot: 54
  • Municipality: SHELBYVILLE
  • Latitude: 35.508
  • Longitude: -86.4501

    Address

  • Full Address: 313 Chestnut Dr
  • Address - House Number: 313
  • Address - Street Name: Chestnut
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Shelbyville
  • Carrier Code: R013
  • 4-Digit Zip Code: 2403
  • Zip Code: 37160

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,019
  • Tax Rate Code Area: 02A03

    Appraisal Valuation

  • Standard Deviation: 0.4879
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 2
  • Final Value: 173,863
  • High Value: 258,693
  • Low Value: 89,032

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $82,025
  • First Open Lien Mortgage Lender: PEOPLES BANK OF MIDDLE TENNESS
  • First Open Lien Mortgage Recording Date: Jan 15, 2020
  • First Open Lien Mortgage Loan Amount: $82,025
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Jan 15, 2050

    Market Valuation

  • Market Total Value: $104,100
  • Market Land Value: $28,000
  • Market Improvement Value: $76,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,025
  • Assessed Land Value: $7,000
  • Assessed Improvements Value: $19,025

    Sales

  • Current Sale Contract Date: Jan 14, 2020
  • Current Sale Recording Date: Jan 15, 2020
  • Current Sale Transaction ID: 11716444361
  • Current Sale Price: $96,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20000428
  • Previous Sale Recording Date: Dec 28, 2016
  • Previous Sale Contract Date: Dec 22, 2016
  • Previous Sale Amount: $73,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PEOPLES BANK OF MIDDLE TENNESS
  • First Mortgage Transaction Date: Jan 15, 2020
  • First Mortgage Loan Amount: $82,025
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)

    Previous Mortgages

  • Previous Mortgage Lender: FIRST NATIONAL BANK OF MIDDLE
  • Previous Mortgage Transaction Date: Dec 28, 2016
  • Previous Mortgage Loan Amount: $74,242
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2047

About Shelbyville



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Frequently Asked Questions

What neighborhood is 313 Chestnut Drive located in?
The 313 Chestnut Drive is a located in the neighborhood of Bedford in Shelbyville, Shelbyville.
What is the average sales price for listings in 313 Chestnut Drive?
The average sales price for units in 313 Chestnut Drive is $0 currently.

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