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320 Farragut Road

320 Farragut Road, Bristol, TN 37620
Property in Sullivan
Sold May 02, 2018
$115,000
$103,500 by Ark-la-tex Financial Services
Mortgage Due Jun 01, 2048
Sold Dec 05, 2013
$108,000
$104,760 by Regions Bank
Mortgage
320 Farragut Road has been categorized by the local assessors in Bristol, TN as a residential type of property. The building on the property was first built in 1958 and is 66 years old. However, we must point out that the home was most recently renovated and altered in 1993. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 320 Farragut Road has 1,200 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 full basement that is 1,200 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 1,890 ft and across the front of the lot is 1,530 ft. The area measurement of the land has been determined as 28,917 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. For the features and amenities located on the property. There is a carport for those who require parking. According to our sources, there is one available parking space. 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 gypsum boards such as those made of drywall, sheetrock, etc. 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. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. The building on the property is connected to a sewer system. 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, 320 Farragut Road sold most recently in May 1, 2018 for a total of $115,000. If you work out the math, that's approximately a cost of $95.83 per sqft. Before that, the property was also sold for $108,000 in Dec 3, 2013. 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 $686 in taxes each year. 320 Farragut Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $28,525. If we break it down further, the land itself was valued at $4,675. Improvements to the property, however, were assessed at a total of $23,850. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1993
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 1,200
  • Garage Type: Carport
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 28,917
  • Lot Size Depth Feet: 1,890
  • Lot Size Frontage Feet: 1,530
  • Total Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,200
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: DEERFIELD ACRES SUB
  • Land Acres: 0.664
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 21, COUNTY AREA: A20

Ownership

  • Current Owner : NASH TYLER F
  • Previous Owner : HICKS CANDACE L
  • Owner Before Previous Owner: PARKER RANDOLPH J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Sullivan County School District
  • Census Tract: 043000

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 054F
  • District: 21
  • Parcel: 082054F B 02800
  • Lot: 24
  • Latitude: 36.5437
  • Longitude: -82.1545

    Address

  • Full Address: 320 Farragut Rd
  • Address - House Number: 320
  • Address - Street Name: Farragut
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Bristol
  • Carrier Code: R013
  • 4-Digit Zip Code: 9420
  • Zip Code: 37620

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $686
  • Tax Rate Code Area: 82A00

    Appraisal Valuation

  • Standard Deviation: 0.1301
  • Valuation Date: Feb 01, 2023
  • Confidence Score: 73
  • Final Value: 166,128
  • High Value: 187,741
  • Low Value: 144,514

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $103,500
  • First Open Lien Mortgage Lender: ARK-LA-TEX FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: May 02, 2018
  • First Open Lien Mortgage Loan Amount: $103,500
  • 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, 2048

    Market Valuation

  • Market Total Value: $114,100
  • Market Land Value: $18,700
  • Market Improvement Value: $95,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $28,525
  • Assessed Land Value: $4,675
  • Assessed Improvements Value: $23,850

    Sales

  • Current Sale Contract Date: May 01, 2018
  • Current Sale Recording Date: May 02, 2018
  • Current Sale Transaction ID: 11461361675
  • Current Sale Price: $115,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18007635
  • Previous Sale Recording Date: Dec 05, 2013
  • Previous Sale Contract Date: Dec 03, 2013
  • Previous Sale Amount: $108,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARK-LA-TEX FINANCIAL SERVICES
  • First Mortgage Transaction Date: May 02, 2018
  • First Mortgage Loan Amount: $103,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: REGIONS BANK
  • Previous Mortgage Transaction Date: Dec 05, 2013
  • Previous Mortgage Loan Amount: $104,760
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Sullivan



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Frequently Asked Questions

What neighborhood is 320 Farragut Road located in?
The 320 Farragut Road is a located in the neighborhood of Sullivan in Sullivan, Bristol.
What is the average sales price for listings in 320 Farragut Road?
The average sales price for units in 320 Farragut Road is $0 currently.

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