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418 West King Street

418 West King Street, Jackson, TN 38301
Property in Madison
Sold Oct 29, 2021
$330,000
Sold May 12, 2021
$200,000
$170,000 by Community Bank
Mortgage Due May 21, 2022
418 West King Street in Jackson, TN was first built in 1945 and is 79 years old. This has been categorized as a residential 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 is only one bathroom. There is a 1 partial bathroom. 418 West King Street has 1,287 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 500 ft and the linear feet between the front and back of the lot is 1,430. In total, the area measurement of the land is 7,150 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. 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 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 paneling. Walk inside and you'll find flooring throughout the home. As for heating, the home is utilizing floor/wall heating system. The property was last sold in Oct 9, 2021 for $330,000. That's $256.41 per sqft. Prior to that sales transaction, the property was also sold in May 12, 2021 for $200,000. 418 West King Street was last assessed in 2024. The total value of the property was assessed at $13,900. Specifically, the land the property is located on was valued at $1,850. While improvements on the property were assessed at a total of $12,050. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $224. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Custom
  • Interior Walls Type: Paneling
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,150
  • Lot Size Depth Feet: 1,430
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,287
  • Gross Building Area: 1,287
  • Building Area: 1,287
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,287
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.164
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 50 X 143

Ownership

  • Current Owner : BUTTS RAYMOND EARL
  • Previous Owner : SUPERIOR ACQUISITIONS LLC
  • Owner Before Previous Owner: PATEL MANISH
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Jackson-Madison County School System
  • School Tax School District: 57359
  • Census Tract: 000700

Geography

  • Assessors Map Reference: 078H
  • District: 05
  • Parcel: 078H-U-018.00
  • Municipality: JACKSON
  • Latitude: 35.6243
  • Longitude: -88.8254

    Address

  • Full Address: 418 W King St
  • Address - House Number: 418
  • Street Direction: W
  • Address - Street Name: King
  • Address - Suffix Type: St
  • State: TN
  • City Name: Jackson
  • Carrier Code: C016
  • 4-Digit Zip Code: 5233
  • Zip Code: 38301

Valuation

    Tax

  • Total Area: 1,287
  • Tax Year: 2023
  • Tax Amount: $224
  • Tax Rate Code Area: 57A02

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 394,272
  • High Value: 575,296
  • Low Value: 213,247

    Market Valuation

  • Market Total Value: $55,600
  • Market Land Value: $7,400
  • Market Improvement Value: $48,200

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $13,900
  • Assessed Land Value: $1,850
  • Assessed Improvements Value: $12,050

    Sales

  • Current Sale Contract Date: Oct 09, 2021
  • Current Sale Recording Date: Oct 29, 2021
  • Current Sale Transaction ID: 11863504752
  • Current Sale Price: $330,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21015664
  • Previous Sale Recording Date: May 12, 2021
  • Previous Sale Contract Date: May 12, 2021
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMERCIAL BANK & TRUST COMPAN
  • First Mortgage Transaction Date: Oct 29, 2021
  • First Mortgage Loan Amount: $280,500
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Oct 29, 2026

    Previous Mortgages

  • Previous Mortgage Lender: COMMUNITY BANK
  • Previous Mortgage Transaction Date: May 12, 2021
  • Previous Mortgage Loan Amount: $170,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Previous Mortgage Loan Due Date: May 21, 2022

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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 418 West King Street located in?
The 418 West King Street is a located in the neighborhood of Madison in Jackson, Jackson.
What is the average sales price for listings in 418 West King Street?
The average sales price for units in 418 West King Street is $0 currently.

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