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401 Hannah Gap Road

401 Hannah Gap Road, Petersburg, TN 37144
Property in Bedford
Sold Mar 22, 2021
$905,000
$548,000 by Legacy Home Loans Llc
Mortgage Due Apr 01, 2036
Sold Jan 14, 2005
$210,000
401 Hannah Gap Road in Petersburg, TN was first built in 2006 and is 18 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 401 Hannah Gap Road has 1,822 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,036 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 5,077,789 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable or hip style roof made of metal. Water for the property is sourced from a municipal system. The property is connected to a sewer system. For those who need parking, there is a carport. There are a total of 4 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C-. The condition of the building has been evaluated as average. The exterior walls of the home are made of unknown. While the interior walls are made of wood. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 401 Hannah Gap Road sold most recently in Mar 15, 2021 for a total of $905,000. If you work out the math, that's approximately a cost of $496.71 per sqft. Before that, the property was also sold for $210,000 in Dec 27, 2004. 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 $1,778 in taxes each year. 401 Hannah Gap Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $129,475. If we break it down further, the land itself was valued at $26,525. Improvements to the property, however, were assessed at a total of $102,950. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 2006
  • Effective Year Built: 2006
  • Building Count: 2
  • 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: Wood
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,036
  • Garage Type: Carport
  • Parking Space Count: 4
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,077,789
  • Total Building Area: 1,822
  • Building Area: 1,822
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,822
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 116.57
  • Standard Land Use Code: Rural/agricultural residence
  • County Land Use Code: Rail (right-of-way & track)
  • Legal Description 1: DISTRICT: 19, COUNTY AREA: H06

Ownership

  • Current Owner : VASA BERNARD J
  • Current Owner 2: VASA SHERYL
  • Previous Owner : MULLINS STEPHEN
  • Previous Owner 2: MULLINS CARRELL
  • Owner Before Previous Owner: REINO DANIEL L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et ux (and wife)

Neighborhood

  • School District Name: Bedford County School District
  • Census Tract: 950300

Geography

  • Assessors Map Reference: 138
  • District: 19
  • Parcel: 002138 00401
  • Latitude: 35.3701
  • Longitude: -86.5931

    Address

  • Full Address: 401 Hannah Gap Rd
  • Address - House Number: 401
  • Address - Street Name: Hannah Gap
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Petersburg
  • Carrier Code: R001
  • 4-Digit Zip Code: 8527
  • Zip Code: 37144

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,778
  • Tax Rate Code Area: 02A00

    Appraisal Valuation

  • Standard Deviation: 0.2636
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 834,974
  • High Value: 1,055,082
  • Low Value: 614,866

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $548,000
  • First Open Lien Mortgage Lender: LEGACY HOME LOANS LLC
  • First Open Lien Mortgage Recording Date: Mar 22, 2021
  • First Open Lien Mortgage Loan Amount: $548,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2036

    Market Valuation

  • Market Total Value: $702,400
  • Market Land Value: $290,600
  • Market Improvement Value: $411,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $129,475
  • Assessed Land Value: $26,525
  • Assessed Improvements Value: $102,950

    Sales

  • Current Sale Contract Date: Mar 15, 2021
  • Current Sale Recording Date: Mar 22, 2021
  • Current Sale Transaction ID: 11827362583
  • Current Sale Price: $905,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21002376
  • Previous Sale Recording Date: Jan 14, 2005
  • Previous Sale Contract Date: Dec 27, 2004
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LEGACY HOME LOANS LLC
  • First Mortgage Transaction Date: Mar 22, 2021
  • First Mortgage Loan Amount: $548,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2036

About Bedford



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Frequently Asked Questions

What neighborhood is 401 Hannah Gap Road located in?
The 401 Hannah Gap Road is a located in the neighborhood of Bedford in Bedford, Petersburg.
What is the average sales price for listings in 401 Hannah Gap Road?
The average sales price for units in 401 Hannah Gap Road is $0 currently.

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