Check Availability

406 Grove Street

406 Grove Street, Loudon, TN 37774
Commercial in Loudon
406 Grove Street in Loudon, TN was first built in 1970 and is 54 years old. Although, the building on the property was most recently renovated and altered in 1982. This has been categorized as a exempt property type. For those interested in architecture, the building on the property was built in a custom style. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 406 Grove Street has 9,063 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 260 ft and the linear feet between the front and back of the lot is 1,010. In total, the area measurement of the land is 2,553 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gambrel style roof made of asphalt and ply sheets in a built-up roof style. 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 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 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 a packaged air conditioning unit. As for heating, the home is utilizing a heating system. 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, 406 Grove Street sold most recently in Dec 28, 2022 for a total of $420,000. If you work out the math, that's approximately a cost of $46.34 per sqft. Before that, the property was also sold for $350,000 in Sep 28, 2020. 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 $4,944 in taxes each year. The initial year of tax delinquency occurred in 2020. 406 Grove Street was most recently assessed in 2024. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Exterior

Masonry Exterior
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: 1970
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Custom
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gambrel
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 1
  • Business/Commerical Units Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,553
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 260
  • Total Building Area: 9,063
  • Gross Building Area: 9,063
  • Building Area: 9,063
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 9,063
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Exempt
  • Subdivision: TOWN OF LOUDON
  • Land Acres: 0.059
  • Standard Land Use Code: County owned
  • Legal Description 1: TOWN OF LOUDON LOT: 94 01 044C D 044C 00900 000 25.6 X 101 M IRR

Ownership

  • Current Owner : LOUDON COUNTY TENNESSEE
  • Previous Owner : BLUE THOMAS R
  • Previous Owner 2: BLUE RHONDA L
  • Owner Before Previous Owner: HAWK HUNT PROPERTIES LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Mar 04, 2024

Neighborhood

  • School District Name: Loudon County School District
  • School Tax School District: 53434
  • Census Tract: 060600

Zoning

  • Zoning: C1

Geography

  • Assessors Map Reference: 041A
  • District: 01
  • Parcel: 041A-B-012.00
  • Lot: 94
  • Municipality: LOUDON
  • Latitude: 35.7418
  • Longitude: -84.3371

    Address

  • Full Address: 406 Grove St
  • Address - House Number: 406
  • Address - Street Name: Grove
  • Address - Suffix Type: St
  • State: TN
  • City Name: Loudon
  • Carrier Code: C001
  • 4-Digit Zip Code: 1224
  • Zip Code: 37774

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,944
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 53A03

    Market Valuation

  • Market Total Value: $472,200
  • Market Land Value: $16,200
  • Market Improvement Value: $456,000

    Assessments Valuation

  • Assessed Year: 2024

    Sales

  • Current Sale Contract Date: Dec 28, 2022
  • Current Sale Recording Date: Dec 28, 2022
  • Current Sale Transaction ID: 11900210834
  • Current Sale Price: $420,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 14397
  • Previous Sale Recording Date: Oct 02, 2020
  • Previous Sale Contract Date: Sep 28, 2020
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: MOUNTAIN COMMERCE BANK
  • Previous Mortgage Transaction Date: Oct 02, 2020
  • Previous Mortgage Loan Amount: $280,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Sep 25, 2025

About Loudon



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 406 Grove Street located in?
The 406 Grove Street is a commercial located in the neighborhood of Loudon in Loudon, Loudon.
What is the average sales price for listings in 406 Grove Street?
The average sales price for units in 406 Grove Street is $0 currently.

Quantcast