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4029 South 1st Street

4029 South 1st Street, Milan, TN 38358
Property in Gibson
4029 South 1st Street in Milan, TN was first built in 1986 and is 38 years old. This has been categorized as a commercial property type. It is a single story home. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 4029 South 1st Street has 7,721 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 1,120 ft and the linear feet between the front and back of the lot is 2,650. In total, the area measurement of the land is 29,680 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of composition shingle. 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. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of brick. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. 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. 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, 4029 South 1st Street was last sold in Feb 7, 2022 for $260,000. According to our calculations, that's $56.02 per sqft. Prior to that sales transaction, the property was sold for $260,000 in Dec 27, 2011. Current property owners are expected to pay $5,870 in taxes per year. The property on 4029 South 1st Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $183,880. To break that down further, the land itself was valued at $33,600. While improvements to the property were assessed at a total of $150,280. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 8
  • Building Quality: C
  • Exterior Walls Type: Brick
  • 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 Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 29,680
  • Lot Size Depth Feet: 2,650
  • Lot Size Frontage Feet: 1,120
  • Total Building Area: 4,641
  • Gross Building Area: 4,641
  • Building Area: 4,641
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 7,721
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Land Acres: 0.681
  • Standard Land Use Code: Retail stores (personal services, photography, travel)
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: DISTRICT: 13, COUNTY AREA: M06

Ownership

  • Current Owner : ERDMANN PROPERTIES LLC
  • Previous Owner : CAE PROPERTIES LLC
  • Owner Before Previous Owner: MADER PEGGY L
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Milan Special School District
  • School Tax School District: 27485
  • Census Tract: 966502

Geography

  • Assessors Map Reference: 140E
  • District: 13
  • Parcel: 027140E C 00100
  • Municipality: MILAN CITY
  • Latitude: 35.9138
  • Longitude: -88.7533

    Address

  • Full Address: 4029 S 1st St
  • Address - House Number: 4029
  • Street Direction: S
  • Address - Street Name: 1st
  • Address - Suffix Type: St
  • State: TN
  • City Name: Milan
  • Carrier Code: C001
  • 4-Digit Zip Code: 3199
  • Zip Code: 38358

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,870
  • Tax Rate Code Area: 27E07

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $260,000
  • First Open Lien Mortgage Lender: BANK OF MILAN
  • First Open Lien Mortgage Recording Date: Dec 30, 2011
  • First Open Lien Mortgage Loan Amount: $260,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $459,700
  • Market Land Value: $84,000
  • Market Improvement Value: $375,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $183,880
  • Assessed Land Value: $33,600
  • Assessed Improvements Value: $150,280

    Sales

  • Current Sale Contract Date: Feb 07, 2022
  • Current Sale Recording Date: Feb 07, 2022
  • Current Sale Transaction ID: 11879369854
  • Current Sale Price: $260,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 213527
  • Previous Sale Recording Date: Dec 30, 2011
  • Previous Sale Contract Date: Dec 27, 2011
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF MILAN
  • Previous Mortgage Transaction Date: Dec 30, 2011
  • Previous Mortgage Loan Amount: $260,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Milan



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Frequently Asked Questions

What neighborhood is 4029 South 1st Street located in?
The 4029 South 1st Street is a located in the neighborhood of Gibson in Milan, Milan.
What is the average sales price for listings in 4029 South 1st Street?
The average sales price for units in 4029 South 1st Street is $0 currently.

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