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373 Terry Lane

373 Terry Lane, Paris, TN 38242
House in Henry
Sold Jul 27, 2020
$200,000
$202,020 by Primary Residential Mortgage I
Mortgage Due Aug 01, 2050
Sold Jul 27, 2015
$144,000
Buyer
Seller
$115,200 by State Farm Bank
Mortgage Due Aug 01, 2045
Local assessors in Paris, TN have categorized 373 Terry Lane as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 220,414 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. 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 373 Terry Lane has a total of 1,176 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 water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. 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 800 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. 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 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 gypsum boards such as those made of drywall, sheetrock, etc. 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, 373 Terry Lane was last sold in Jul 23, 2020 for $200,000. According to our calculations, that's $170.07 per sqft. Prior to that sales transaction, the property was sold for $144,000 in Jul 23, 2015. Current property owners are expected to pay $759 in taxes per year. The property on 373 Terry Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $31,650. To break that down further, the land itself was valued at $5,225. While improvements to the property were assessed at a total of $26,425. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • 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: Gypsum board (drywall, sheetrock, etc.)
  • 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: 800
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 220,414
  • Total Building Area: 1,176
  • Building Area: 1,176
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,176
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BK D PG 165 LOT 8
  • Land Acres: 5.06
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 01, COUNTY AREA: R01

Ownership

  • Current Owner : PHELPS DEANDRE
  • Current Owner 2: PHELPS ROBIN
  • Previous Owner : KELLY KAREN
  • Owner Before Previous Owner: CRUMP WILLIAM
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et ux (and wife)

Neighborhood

  • School District Name: Paris Special School District
  • Census Tract: 969601

Geography

  • Assessors Map Reference: 086
  • District: 01
  • Parcel: 040086 05508
  • Lot: 8
  • Latitude: 36.3285
  • Longitude: -88.3158

    Address

  • Full Address: 373 Terry Ln
  • Address - House Number: 373
  • Address - Street Name: Terry
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Paris
  • Carrier Code: R003
  • 4-Digit Zip Code: 7208
  • Zip Code: 38242

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $759
  • Tax Rate Code Area: 40B00

    Appraisal Valuation

  • Standard Deviation: 0.1413
  • Valuation Date: Feb 22, 2023
  • Confidence Score: 71
  • Final Value: 174,644
  • High Value: 199,329
  • Low Value: 149,958

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $231,020
  • First Open Lien Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Open Lien Mortgage Recording Date: Jul 27, 2020
  • First Open Lien Mortgage Loan Amount: $202,020
  • 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: Aug 01, 2050
  • Second Open Lien Mortgage Lender: VALLEY CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Nov 07, 2022
  • Second Open Lien Mortgage Loan Amount: $29,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $126,600
  • Market Land Value: $20,900
  • Market Improvement Value: $105,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $31,650
  • Assessed Land Value: $5,225
  • Assessed Improvements Value: $26,425

    Sales

  • Current Sale Contract Date: Jul 23, 2020
  • Current Sale Recording Date: Jul 27, 2020
  • Current Sale Transaction ID: 11775996484
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 151691
  • Previous Sale Recording Date: Jul 27, 2015
  • Previous Sale Contract Date: Jul 23, 2015
  • Previous Sale Amount: $144,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Mortgage Transaction Date: Jul 27, 2020
  • First Mortgage Loan Amount: $202,020
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: STATE FARM BANK
  • Previous Mortgage Transaction Date: Jul 27, 2015
  • Previous Mortgage Loan Amount: $115,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2045

About Henry



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Frequently Asked Questions

What neighborhood is 373 Terry Lane located in?
The 373 Terry Lane is a house located in the neighborhood of Henry in Henry, Paris.
What is the average sales price for listings in 373 Terry Lane?
The average sales price for units in 373 Terry Lane is $0 currently.

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