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314 Main Street

314 Main Street, Lafayette, TN 37083
House in Macon
Sold May 21, 2020
$119,900
$121,212 by Quicken Loans Inc
Mortgage Due May 01, 2050
Sold Jun 10, 2011
$48,250
$43,550 by Macon Bank Inc
Mortgage
Local assessors in Lafayette, TN have categorized 314 Main Street as a residential type of property. The home was built in 1950 and is 74 years old. It was most recently renovated and altered in 1995. The property's lot size has been calculated to be 43,560 square feet. The linear feet between the front and back of the lot was measured at 2,740 ft and the front of the lot was measured at 2,250 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. 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 314 Main Street has a total of 1,216 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 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. 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 120 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back 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, 314 Main Street was last sold in Apr 15, 2020 for $119,900. According to our calculations, that's $98.60 per sqft. Prior to that sales transaction, the property was sold for $48,250 in Jun 10, 2011. Current property owners are expected to pay $664 in taxes per year. The property on 314 Main Street was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $36,050. To break that down further, the land itself was valued at $5,000. While improvements to the property were assessed at a total of $31,050. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Custom
  • 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: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 120
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 2,740
  • Lot Size Frontage Feet: 2,250
  • Total Building Area: 1,216
  • Gross Building Area: 1,216
  • Building Area: 1,216
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,216
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 225X274 IRR

Ownership

  • Current Owner : CALVO SILVINE E
  • Previous Owner : SHRUM BOBBY DWAYNE
  • Previous Owner 2: SHRUM CAROL
  • Owner Before Previous Owner: DRIVER DEWAYNE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Macon County School District
  • School Tax School District: 56389
  • Census Tract: 970301

Geography

  • Assessors Map Reference: 059C
  • District: 01
  • Parcel: 059C-A-010.00
  • Municipality: MACON - LAFAYETTE
  • Latitude: 36.5237
  • Longitude: -86.021

    Address

  • Full Address: 314 Main St
  • Address - House Number: 314
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: TN
  • City Name: Lafayette
  • Carrier Code: C001
  • 4-Digit Zip Code: 1230
  • Zip Code: 37083

Valuation

    Tax

  • Total Area: 1,216
  • Tax Year: 2022
  • Tax Amount: $664
  • Tax Rate Code Area: 56A01

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 405,551
  • High Value: 591,753
  • Low Value: 219,348

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $121,212
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: May 21, 2020
  • First Open Lien Mortgage Loan Amount: $121,212
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2050

    Market Valuation

  • Market Total Value: $144,200
  • Market Land Value: $20,000
  • Market Improvement Value: $124,200

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $36,050
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $31,050

    Sales

  • Current Sale Contract Date: Apr 15, 2020
  • Current Sale Recording Date: May 21, 2020
  • Current Sale Transaction ID: 11762091496
  • Current Sale Price: $119,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20001761
  • Previous Sale Recording Date: Jun 10, 2011
  • Previous Sale Contract Date: Jun 10, 2011
  • Previous Sale Amount: $48,250
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: May 21, 2020
  • First Mortgage Loan Amount: $121,212
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: MACON BANK INC
  • Previous Mortgage Transaction Date: Jun 10, 2011
  • Previous Mortgage Loan Amount: $43,550
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Lafayette



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Frequently Asked Questions

What neighborhood is 314 Main Street located in?
The 314 Main Street is a house located in the neighborhood of Macon in Lafayette, Lafayette.
What is the average sales price for listings in 314 Main Street?
The average sales price for units in 314 Main Street is $0 currently.

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