Check Availability

419 State Rte 187

419 State Rte 187, Medina, TN 38355
House in Gibson
Sold Oct 06, 2020
$225,000
$205,000 by The Bank Of Jackson
Mortgage Due Nov 01, 2050
Sold Jul 19, 2001
$20,000
419 State Rte 187 has been categorized by the local assessors in Medina, TN as a residential type of property. The building on the property was first built in 2003 and is 21 years old. However, we must point out that the home was most recently renovated and altered in 2010. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 419 State Rte 187 has 1,570 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 87,120 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 528 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of unknown. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer 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, 419 State Rte 187 sold most recently in Sep 29, 2020 for a total of $225,000. If you work out the math, that's approximately a cost of $143.31 per sqft. Before that, the property was also sold for $20,000 in Jan 1, 1970. 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 $1,171 in taxes each year. 419 State Rte 187 was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $38,500. If we break it down further, the land itself was valued at $5,250. Improvements to the property, however, were assessed at a total of $33,250. 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

Vinyl Siding

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2010
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: C+
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 1,570
  • Building Area: 1,570
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,570
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 02, COUNTY AREA: R01

Ownership

  • Current Owner : WILKERSON SETH J
  • Current Owner 2: WILKERSON KELSEY R
  • Previous Owner : FIELDS TERRY A
  • Previous Owner 2: FIELDS WINIFRED T
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et ux (and wife)

Neighborhood

  • School District Name: Gibson County School District
  • Census Tract: 967100

Geography

  • Assessors Map Reference: 158
  • District: 02
  • Parcel: 027158 02420
  • Latitude: 35.8563
  • Longitude: -88.8042

    Address

  • Full Address: 419 State Route 187
  • Address - House Number: 419
  • Address - Street Name: State Route 187
  • State: TN
  • City Name: Medina
  • Carrier Code: R003
  • 4-Digit Zip Code: 6203
  • Zip Code: 38355

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,171
  • Tax Rate Code Area: 27B00

    Appraisal Valuation

  • Standard Deviation: 0.2432
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 65
  • Final Value: 311,435
  • High Value: 387,193
  • Low Value: 235,677

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $205,000
  • First Open Lien Mortgage Lender: THE BANK OF JACKSON
  • First Open Lien Mortgage Recording Date: Oct 06, 2020
  • First Open Lien Mortgage Loan Amount: $205,000
  • 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: $154,000
  • Market Land Value: $21,000
  • Market Improvement Value: $133,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $38,500
  • Assessed Land Value: $5,250
  • Assessed Improvements Value: $33,250

    Sales

  • Current Sale Contract Date: Sep 29, 2020
  • Current Sale Recording Date: Oct 06, 2020
  • Current Sale Transaction ID: 11791713951
  • Current Sale Price: $225,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 199164
  • Previous Sale Recording Date: Jul 19, 2001
  • Previous Sale Amount: $20,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE BANK OF JACKSON
  • First Mortgage Transaction Date: Oct 06, 2020
  • First Mortgage Loan Amount: $205,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

About Gibson



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 419 State Rte 187 located in?
The 419 State Rte 187 is a house located in the neighborhood of Gibson in Gibson, Medina.
What is the average sales price for listings in 419 State Rte 187?
The average sales price for units in 419 State Rte 187 is $259,900 , or $135/sqft. currently.

Quantcast