3775 Maynardville Highway

3775 Maynardville Highway has been categorized by the local assessors in Maynardville, TN as a commercial type of property. The building on the property was first built in 1996 and is 28 years old. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. The linear feet between the front and back of the lot is 2,500 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 23,522 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. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with concrete control joints. 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 metal. The exterior walls of the building are made of concrete block. 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 municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 3775 Maynardville Highway was last sold in Feb 29, 2016 for $230,000. According to our calculations, that's $91.27 per sqft. Prior to that sales transaction, the property was sold for $432,500 in Jan 25, 2011. Current property owners are expected to pay $1,122 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2018. The property on 3775 Maynardville Highway was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $59,040. To break that down further, the land itself was valued at $31,120. While improvements to the property were assessed at a total of $27,920. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.