Check Availability

340 South Commerce Road

340 South Commerce Road, Watertown, TN 37184
House in Wilson
Sold Jan 28, 2021
$240,000
$90,000 by Wilson Bank & Trust
Mortgage Due Feb 01, 2051
Sold Jun 12, 2018
$205,000
$211,765 by Loandepot.com Llc
Mortgage Due Jul 01, 2048
340 South Commerce Road has been categorized by the local assessors in Watertown, TN as a residential type of property. The building on the property was first built in 1950 and is 74 years old. However, we must point out that the home was most recently renovated and altered in 2017. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 340 South Commerce Road has 1,499 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 68,389 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 detached garage for those who require parking. The garage measured 576 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. 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 brick. 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 no air conditioning at the moment. In terms of heating, it is utilizing no heating system. Finally, the property is currently sourcing its water from a water 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, 340 South Commerce Road sold most recently in Jan 26, 2020 for a total of $240,000. If you work out the math, that's approximately a cost of $160.11 per sqft. Before that, the property was also sold for $205,000 in Jun 8, 2018. 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 $855 in taxes each year. 340 South Commerce Road was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $44,775. If we break it down further, the land itself was valued at $8,925. Improvements to the property, however, were assessed at a total of $35,850. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

Parking

Garage Parking

Exterior

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

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 2017
  • 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
  • Exterior Walls Type: Brick
  • Interior Walls Type: Paneling
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 576
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 68,389
  • Total Building Area: 1,499
  • Gross Building Area: 1,499
  • Building Area: 1,499
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 1,499
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BK 19 PG 39
  • Land Acres: 1.57
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PB 19 PG 39 TR 2

Ownership

  • Current Owner : HEARN DONNA M
  • Previous Owner : DUNN MICHAEL C
  • Owner Before Previous Owner: TAYLOR WILLIAM H
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wilson County School District
  • Census Tract: 031000

Geography

  • Assessors Map Reference: 110
  • District: 16
  • Subdivision Tract Number: 2
  • Parcel: 110-057.00
  • Municipality: WILSON - WILSON SSD
  • Latitude: 36.109
  • Longitude: -86.1345

    Address

  • Full Address: 340 S Commerce Rd
  • Address - House Number: 340
  • Street Direction: S
  • Address - Street Name: Commerce
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Watertown
  • Carrier Code: R004
  • 4-Digit Zip Code: 4750
  • Zip Code: 37184

Valuation

    Tax

  • Total Area: 1,199
  • Tax Year: 2023
  • Tax Amount: $855
  • Tax Rate Code Area: 95I00

    Appraisal Valuation

  • Standard Deviation: 0.2087
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 322,718
  • High Value: 390,072
  • Low Value: 255,364

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $90,000
  • First Open Lien Mortgage Lender: WILSON BANK & TRUST
  • First Open Lien Mortgage Recording Date: Jan 28, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $90,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Market Valuation

  • Market Total Value: $179,100
  • Market Land Value: $35,700
  • Market Improvement Value: $143,400

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $44,775
  • Assessed Land Value: $8,925
  • Assessed Improvements Value: $35,850

    Sales

  • Current Sale Contract Date: Jan 26, 2020
  • Current Sale Recording Date: Jan 28, 2021
  • Current Sale Transaction ID: 11814864313
  • Current Sale Price: $240,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21003316
  • Previous Sale Recording Date: Jun 12, 2018
  • Previous Sale Contract Date: Jun 08, 2018
  • Previous Sale Amount: $205,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WILSON BANK & TRUST
  • First Mortgage Transaction Date: Jan 28, 2021
  • First Mortgage Loan Amount: $90,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Feb 01, 2051

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: LOANDEPOT.COM LLC
  • Previous Mortgage Transaction Date: Jun 12, 2018
  • Previous Mortgage Loan Amount: $211,765
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jul 01, 2048

About Wilson



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 340 South Commerce Road located in?
The 340 South Commerce Road is a house located in the neighborhood of Wilson in Wilson, Watertown.
What is the average sales price for listings in 340 South Commerce Road?
The average sales price for units in 340 South Commerce Road is $0 currently.

Quantcast