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314 Center Street

314 Center Street, Shelbyville, TN 37160
Property in Bedford
Sold Jan 19, 2023
$245,000
$240,562 by Ross Mortgage Corporation
Mortgage Due Feb 01, 2053
Sold Aug 27, 2021
$228,500
$224,360 by F & M Bank
Mortgage Due Sep 01, 2051
314 Center Street has been categorized by the local assessors in Shelbyville, TN as a residential type of property. The building on the property was first built in 2021 and is 3 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 314 Center Street has 1,107 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 300 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,400 ft and across the front of the lot is 650 ft. The area measurement of the land has been determined as 9,100 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. 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 C 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 unknown. While the interior walls have been made of paneling. 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. 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, 314 Center Street sold most recently in Jan 12, 2023 for a total of $245,000. If you work out the math, that's approximately a cost of $221.32 per sqft. Before that, the property was also sold for $228,500 in Aug 27, 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 $1,292 in taxes each year. 314 Center Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $34,975. If we break it down further, the land itself was valued at $5,625. Improvements to the property, however, were assessed at a total of $29,350. 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

Condition

New Construction

Exterior

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

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Interior Walls Type: Paneling
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 300
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 9,100
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,107
  • Building Area: 1,107
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,107
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HIGHLAND
  • Land Acres: 0.209
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 07 LOT 15 & P/O OF 16, COUNTY AREA: B07

Ownership

  • Current Owner : PARRY ANTHONY
  • Current Owner 2: PARRY CHRISTOPHER
  • Previous Owner : WALTER TARA L
  • Owner Before Previous Owner: HAWKINS AND HAWKINS REAL ESTATE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Bedford County School District
  • School Tax School District: 02659
  • Census Tract: 950600

Geography

  • Assessors Map Reference: 089O
  • District: 07
  • Parcel: 002089O E 00600
  • Block: F
  • Lot: 14
  • Municipality: SHELBYVILLE
  • Latitude: 35.473
  • Longitude: -86.4527

    Address

  • Full Address: 314 Center St
  • Address - House Number: 314
  • Address - Street Name: Center
  • Address - Suffix Type: St
  • State: TN
  • City Name: Shelbyville
  • Carrier Code: C001
  • 4-Digit Zip Code: 4616
  • Zip Code: 37160

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,292
  • Tax Rate Code Area: 02A03

    Appraisal Valuation

  • Standard Deviation: 0.0943
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 91
  • Final Value: 264,726
  • High Value: 289,712
  • Low Value: 239,739

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $240,562
  • First Open Lien Mortgage Lender: ROSS MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Jan 19, 2023
  • First Open Lien Mortgage Loan Amount: $240,562
  • 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: Feb 01, 2053

    Market Valuation

  • Market Total Value: $139,900
  • Market Land Value: $22,500
  • Market Improvement Value: $117,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,975
  • Assessed Land Value: $5,625
  • Assessed Improvements Value: $29,350

    Sales

  • Current Sale Contract Date: Jan 12, 2023
  • Current Sale Recording Date: Jan 19, 2023
  • Current Sale Transaction ID: 11901021093
  • Current Sale Price: $245,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 406
  • Previous Sale Recording Date: Aug 27, 2021
  • Previous Sale Contract Date: Aug 27, 2021
  • Previous Sale Amount: $228,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROSS MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Jan 19, 2023
  • First Mortgage Loan Amount: $240,562
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: F & M BANK
  • Previous Mortgage Transaction Date: Aug 27, 2021
  • Previous Mortgage Loan Amount: $224,360
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2051

About Shelbyville



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Frequently Asked Questions

What neighborhood is 314 Center Street located in?
The 314 Center Street is a located in the neighborhood of Bedford in Shelbyville, Shelbyville.
What is the average sales price for listings in 314 Center Street?
The average sales price for units in 314 Center Street is $0 currently.

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