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318 Ossabaw Drive

318 Ossabaw Drive, Murfreesboro, TN 37128
House in Rutherford
Sold Jun 04, 2019
$320,000
$256,000 by Envoy Mortgage Ltd
Mortgage Due Jun 01, 2049
Sold Mar 10, 2008
$247,400
$255,564 by Wr Starkey Mortgage Llp
Mortgage Due Mar 10, 2038
Local assessors in Murfreesboro, TN have categorized 318 Ossabaw Drive as a residential type of property. The home was built in 2008 and is 16 years old. It was most recently renovated and altered in 2014. The property's lot size has been calculated to be 8,765 square feet. The linear feet between the front and back of the lot was measured at 1,697 ft and the front of the lot was measured at 620 ft. 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 318 Ossabaw Drive has a total of 2,815 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 858 sqft. 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. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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 gravel/rock. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. Residents rely on central air conditioning for their cooling system. The home's a heat pump is the primary heating source. 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, 318 Ossabaw Drive sold most recently in May 31, 2019 for a total of $320,000. If you work out the math, that's approximately a cost of $113.68 per sqft. Before that, the property was also sold for $247,400 in Jan 1, 1970. 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 $2,996 in taxes each year. 318 Ossabaw Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $105,925. If we break it down further, the land itself was valued at $15,000. Improvements to the property, however, were assessed at a total of $90,925. 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. 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!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
Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2014
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Gravel/rock
  • Floor Count: 2
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 858
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,765
  • Lot Size Depth Feet: 1,697
  • Lot Size Frontage Feet: 620
  • Total Building Area: 2,815
  • Building Area: 2,815
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,815
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE CLOISTER SEC 2
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential (general) (single)
  • Legal Description 1: LOT 60 THE CLOISTER SEC 2 PB 30 PG 233 SPLIT OFF 93-11 FOR 07 62.04 X 169.68 IRR

Ownership

  • Current Owner : ASSAL SHERY F
  • Previous Owner : MEALER GREGORY BRIAN
  • Previous Owner 2: MEALER PATRICIA ANN
  • Owner Before Previous Owner: SIGNATURE PARTNERSHIP LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Rutherford County School District in Murfreesboro
  • Census Tract: 040808

Geography

  • Assessors Map Reference: 30-233
  • Account Number: R0096159
  • District: 515
  • Section: 2
  • Parcel: 093K-C-060.00-000
  • Lot: 60
  • Municipality: MURFREESBORO
  • Latitude: 35.8493
  • Longitude: -86.4911

    Address

  • Full Address: 318 Ossabaw Dr
  • Address - House Number: 318
  • Address - Street Name: Ossabaw
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Murfreesboro
  • Carrier Code: R068
  • 4-Digit Zip Code: 3932
  • Zip Code: 37128

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,996

    Appraisal Valuation

  • Standard Deviation: 0.1433
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 82
  • Final Value: 529,192
  • High Value: 605,029
  • Low Value: 453,355

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $497,098
  • First Open Lien Mortgage Lender: ENVOY MORTGAGE LTD
  • First Open Lien Mortgage Recording Date: Jun 04, 2019
  • First Open Lien Mortgage Loan Amount: $256,000
  • 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: Jun 01, 2049
  • Second Open Lien Mortgage Lender: PNC BANK NATIONAL ASSOCIATION
  • Second Open Lien Mortgage Recording Date: Feb 24, 2023
  • Second Open Lien Mortgage Loan Amount: $241,098
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Feb 15, 2053

    Market Valuation

  • Market Total Value: $423,700
  • Market Land Value: $60,000
  • Market Improvement Value: $363,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $105,925
  • Assessed Land Value: $15,000
  • Assessed Improvements Value: $90,925

    Sales

  • Current Sale Contract Date: May 31, 2019
  • Current Sale Recording Date: Jun 04, 2019
  • Current Sale Transaction ID: 11617647404
  • Current Sale Price: $320,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2209250
  • Previous Sale Recording Date: Mar 10, 2008
  • Previous Sale Amount: $247,400
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ENVOY MORTGAGE LTD
  • First Mortgage Transaction Date: Jun 04, 2019
  • First Mortgage Loan Amount: $256,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: WR STARKEY MORTGAGE LLP
  • Previous Mortgage Transaction Date: Mar 11, 2008
  • Previous Mortgage Loan Amount: $255,564
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Mar 10, 2038

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Frequently Asked Questions

What neighborhood is 318 Ossabaw Drive located in?
The 318 Ossabaw Drive is a house located in the neighborhood of Rutherford in Murfreesboro, Murfreesboro.
What is the average sales price for listings in 318 Ossabaw Drive?
The average sales price for units in 318 Ossabaw Drive is $0 currently.

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