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402 Gracy Avenue

402 Gracy Avenue, Smyrna, TN 37167
Property in Rutherford
Sold Oct 29, 2020
$220,000
$206,800 by First Community Mortgage Inc
Mortgage Due Nov 01, 2050
Sold Sep 19, 2013
$117,900
$100,215 by Firstbank
Mortgage
402 Gracy Avenue in Smyrna, TN was first built in 1970 and is 54 years old. Although, the building on the property was most recently renovated and altered in 2003. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 402 Gracy Avenue has 1,503 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 linear feet across the front of the lot is 1,255 ft and the linear feet between the front and back of the lot is 1,350. In total, the area measurement of the land is 16,943 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 gravel/rock. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 400 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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 masonry. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heat pump. 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, 402 Gracy Avenue was last sold in Oct 28, 2020 for $220,000. According to our calculations, that's $146.37 per sqft. Prior to that sales transaction, the property was sold for $117,900 in Sep 12, 2013. Current property owners are expected to pay $1,607 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2016. The property on 402 Gracy Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $66,900. To break that down further, the land itself was valued at $13,750. While improvements to the property were assessed at a total of $53,150. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 2003
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Masonry
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 16,943
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 1,255
  • Total Building Area: 1,503
  • Building Area: 1,503
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,503
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SMYRNA GREEN ACRES ADDITION 2
  • Land Acres: 0.389
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential (general) (single)
  • Legal Description 1: LOT 216 & P/O LOT 215 SMYRNA GREEN ACRES ADDITION 2 PB 3 PG 24 125.5 X 135

Ownership

  • Current Owner : DOUGLAS TATE JAMES
  • Current Owner 2: REESE TRACEY DOUGLAS
  • Previous Owner : HERRIN RONALD EDWIN
  • Previous Owner 2: HERRIN RONALD E
  • Owner Before Previous Owner: FLYNN BRUCE L JAMES M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rutherford County School District
  • Census Tract: 042200

Geography

  • Assessors Map Reference: 3-24
  • Account Number: R0013019
  • District: 674
  • Parcel: 027H-A-018.00-000
  • Lot: 216
  • Municipality: SMYRNA
  • Latitude: 35.99
  • Longitude: -86.5202

    Address

  • Full Address: 402 Gracy Ave
  • Address - House Number: 402
  • Address - Street Name: Gracy
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Smyrna
  • Carrier Code: C001
  • 4-Digit Zip Code: 2208
  • Zip Code: 37167

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,607
  • Intital Tax Deliquent Year: 2016

    Appraisal Valuation

  • Standard Deviation: 0.1557
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 80
  • Final Value: 345,268
  • High Value: 399,034
  • Low Value: 291,502

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $206,800
  • First Open Lien Mortgage Lender: FIRST COMMUNITY MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Oct 29, 2020
  • First Open Lien Mortgage Loan Amount: $206,800
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $267,600
  • Market Land Value: $55,000
  • Market Improvement Value: $212,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $66,900
  • Assessed Land Value: $13,750
  • Assessed Improvements Value: $53,150

    Sales

  • Current Sale Contract Date: Oct 28, 2020
  • Current Sale Recording Date: Oct 29, 2020
  • Current Sale Transaction ID: 11796388853
  • Current Sale Price: $220,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2314987
  • Previous Sale Recording Date: Sep 19, 2013
  • Previous Sale Contract Date: Sep 12, 2013
  • Previous Sale Amount: $117,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST COMMUNITY MORTGAGE INC
  • First Mortgage Transaction Date: Oct 29, 2020
  • First Mortgage Loan Amount: $206,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FIRSTBANK
  • Previous Mortgage Transaction Date: Sep 19, 2013
  • Previous Mortgage Loan Amount: $100,215
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Smyrna



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Frequently Asked Questions

What neighborhood is 402 Gracy Avenue located in?
The 402 Gracy Avenue is a located in the neighborhood of Rutherford in Smyrna, Smyrna.
What is the average sales price for listings in 402 Gracy Avenue?
The average sales price for units in 402 Gracy Avenue is $0 currently.

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