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315 East Franklin Street

315 East Franklin Street, Shelbyville, TN 37160
Property in Bedford
Sold Mar 23, 2012
$85,000
$82,953 by Midstate Finance Company Inc
Mortgage Due Sep 16, 2051
Sold Jul 31, 2007
$96,000
Local assessors in Shelbyville, TN have categorized 315 East Franklin Street as a residential type of property. The home was built in 1900 and is 124 years old. It was most recently renovated and altered in 1989. The property's lot size has been calculated to be 24,072 square feet. The linear feet between the front and back of the lot was measured at 2,360 ft and the front of the lot was measured at 1,020 ft. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 315 East Franklin Street has a total of 1,546 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 unimproved garage for those who need a place to park their vehicle. The garage on the property is 299 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 metal. 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. The property was last sold in Mar 22, 2012 for $85,000. That's $54.98 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $96,000. 315 East Franklin Street was last assessed in 2023. The total value of the property was assessed at $37,925. Specifically, the land the property is located on was valued at $6,600. While improvements on the property were assessed at a total of $31,325. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,485. The initial tax year of delinquency was in 2020. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1989
  • 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: Metal
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Unimproved
  • Garage Square Area: 299
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 24,072
  • Lot Size Depth Feet: 2,360
  • Lot Size Frontage Feet: 1,020
  • Total Building Area: 1,546
  • Building Area: 1,546
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,546
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.553
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 07, COUNTY AREA: D05

Ownership

  • Current Owner : ONEAL DANIEL L
  • Current Owner 2: ONEAL CHRISTY D
  • Previous Owner : WOODSIDE MILTON
  • Owner Before Previous Owner: J & J REAL ESTATE INVESTME
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et ux (and wife)

Neighborhood

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

Geography

  • Assessors Map Reference: 089B
  • District: 07
  • Parcel: 002089B B 01100
  • Municipality: SHELBYVILLE
  • Latitude: 35.4862
  • Longitude: -86.4565

    Address

  • Full Address: 315 E Franklin St
  • Address - House Number: 315
  • Street Direction: E
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: TN
  • City Name: Shelbyville
  • Carrier Code: C002
  • 4-Digit Zip Code: 3415
  • Zip Code: 37160

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,485
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 02A03

    Appraisal Valuation

  • Standard Deviation: 0.4879
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 2
  • Final Value: 223,010
  • High Value: 331,819
  • Low Value: 114,200

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $82,953
  • First Open Lien Mortgage Lender: MIDSTATE FINANCE COMPANY INC
  • First Open Lien Mortgage Recording Date: Sep 16, 2021
  • First Open Lien Mortgage Loan Amount: $82,953
  • 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: Sep 16, 2051

    Market Valuation

  • Market Total Value: $151,700
  • Market Land Value: $26,400
  • Market Improvement Value: $125,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,925
  • Assessed Land Value: $6,600
  • Assessed Improvements Value: $31,325

    Sales

  • Current Sale Contract Date: Mar 22, 2012
  • Current Sale Recording Date: Mar 23, 2012
  • Current Sale Transaction ID: 1140012596
  • Current Sale Price: $85,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 12001621
  • Previous Sale Recording Date: Jul 31, 2007
  • Previous Sale Amount: $96,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WOODSIDE MILTON
  • First Mortgage Transaction Date: Mar 23, 2012
  • First Mortgage Loan Amount: $83,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Shelbyville



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Frequently Asked Questions

What neighborhood is 315 East Franklin Street located in?
The 315 East Franklin Street is a located in the neighborhood of Bedford in Shelbyville, Shelbyville.
What is the average sales price for listings in 315 East Franklin Street?
The average sales price for units in 315 East Franklin Street is $0 currently.

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