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425 Fay Creek Road

425 Fay Creek Road, Wartrace, TN 37183
Property in Bedford
Sold May 07, 2018
$94,500
Sold Jun 10, 2011
$35,000
$34,200 by Heritage South Community Cu
Mortgage
425 Fay Creek Road in Wartrace, TN was first built in 1990 and is 34 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 unknown. 425 Fay Creek Road has 504 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. In total, the area measurement of the land is 573,250 square feet.

Learn more about the property and building on this page. There is a open porch. Water for the property is sourced from a municipal system. The property is connected to a sewer system. For those who need parking, there is a carport. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as good. 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, 425 Fay Creek Road sold most recently in May 2, 2018 for a total of $94,500. If you work out the math, that's approximately a cost of $187.50 per sqft. Before that, the property was also sold for $35,000 in Jun 10, 2011. 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 $535 in taxes each year. The initial year of tax delinquency occurred in 2018. 425 Fay Creek Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $23,025. If we break it down further, the land itself was valued at $20,950. Improvements to the property, however, were assessed at a total of $2,075. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Bedroom Count: 0
  • Building Condition: Good
  • Building Quality: B
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 573,250
  • Total Building Area: 504
  • Building Area: 504
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 504
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 13.16
  • Standard Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • Mobile Home Indicator: T
  • Legal Description 1: DISTRICT: 03, COUNTY AREA: H01

Ownership

  • Current Owner : NOLAN KENNETH R
  • Current Owner 2: NOLAN JERYLA G
  • Previous Owner : NORTH ROBERT
  • Previous Owner 2: NORTH LISA
  • Owner Before Previous Owner: TUCKER RAYBURN J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et ux (and wife)
  • Owner Generation Identifier: III

Neighborhood

  • School District Name: Bedford County School District
  • Census Tract: 950600

Geography

  • Assessors Map Reference: 077
  • District: 03
  • Parcel: 002077 06802
  • Latitude: 35.4911
  • Longitude: -86.386

    Address

  • Full Address: 425 Fay Creek Rd
  • Address - House Number: 425
  • Address - Street Name: Fay Creek
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Wartrace
  • Carrier Code: R002
  • 4-Digit Zip Code: 3206
  • Zip Code: 37183

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $535
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 02A00

    Appraisal Valuation

  • Standard Deviation: 0.4879
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 2
  • Final Value: 161,473
  • High Value: 240,257
  • Low Value: 82,688

    Market Valuation

  • Market Total Value: $92,100
  • Market Land Value: $83,800
  • Market Improvement Value: $8,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,025
  • Assessed Land Value: $20,950
  • Assessed Improvements Value: $2,075

    Sales

  • Current Sale Contract Date: May 02, 2018
  • Current Sale Recording Date: May 07, 2018
  • Current Sale Transaction ID: 11463034345
  • Current Sale Price: $94,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18002990
  • Previous Sale Recording Date: Jun 10, 2011
  • Previous Sale Contract Date: Jun 10, 2011
  • Previous Sale Amount: $35,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HERITAGE SOUTH COMMUNITY CU
  • First Mortgage Transaction Date: May 07, 2018
  • First Mortgage Loan Amount: $75,200
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2023

    Previous Mortgages

  • Previous Mortgage Lender: HERITAGE SOUTH COMMUNITY CU
  • Previous Mortgage Transaction Date: Jun 10, 2011
  • Previous Mortgage Loan Amount: $34,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Bedford



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Frequently Asked Questions

What neighborhood is 425 Fay Creek Road located in?
The 425 Fay Creek Road is a located in the neighborhood of Bedford in Bedford, Wartrace.
What is the average sales price for listings in 425 Fay Creek Road?
The average sales price for units in 425 Fay Creek Road is $0 currently.

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