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4274 Sr 56

4274 Sr 56, Tracy City, TN 37387
Property in Grundy
Sold Jul 29, 2020
$70,000
Sold May 06, 2013
$10,000
$7,812 by Citizens Tri County Bank
Mortgage
Local assessors in Tracy City, TN have categorized 4274 Sr 56 as a residential type of property. The home was built in 2017 and is 7 years old. The property's lot size has been calculated to be 233,046 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. If we look only at the heated or air conditioned part of the building, then 4274 Sr 56 has a total of 1,216 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. 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, 4274 Sr 56 sold most recently in Jul 27, 2020 for a total of $70,000. If you work out the math, that's approximately a cost of $57.57 per sqft. Before that, the property was also sold for $10,000 in Apr 29, 2013. 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 $495 in taxes each year. 4274 Sr 56 was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $36,225. If we break it down further, the land itself was valued at $6,600. Improvements to the property, however, were assessed at a total of $29,625. 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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: Good
  • Building Quality: B
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 233,046
  • Total Building Area: 1,216
  • Building Area: 1,216
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,216
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ROBERT TAYLOR PROPERTY
  • Land Acres: 5.35
  • Standard Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • Mobile Home Indicator: T
  • Legal Description 1: DISTRICT: 02, COUNTY AREA: R03

Ownership

  • Current Owner : SELWAY JUSTIN
  • Current Owner 2: SANDERS DIANA
  • Previous Owner : BARRETT TREVOR D
  • Owner Before Previous Owner: US BANK NA TRUSTEE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Grundy County School District
  • Census Tract: 955300

Geography

  • Assessors Map Reference: 089
  • District: 02
  • Parcel: 031089 00504
  • Latitude: 35.3111
  • Longitude: -85.738

    Address

  • Full Address: 4274 Sr 56 Rd
  • Address - House Number: 4274
  • Address - Street Name: Sr 56
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Tracy City
  • Carrier Code: R003
  • 4-Digit Zip Code: 5627
  • Zip Code: 37387

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $495
  • Tax Rate Code Area: 31A00

    Appraisal Valuation

  • Standard Deviation: 0.4724
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 5
  • Final Value: 163,744
  • High Value: 241,110
  • Low Value: 86,377

    Market Valuation

  • Market Total Value: $144,900
  • Market Land Value: $26,400
  • Market Improvement Value: $118,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,225
  • Assessed Land Value: $6,600
  • Assessed Improvements Value: $29,625

    Sales

  • Current Sale Contract Date: Jul 27, 2020
  • Current Sale Recording Date: Jul 29, 2020
  • Current Sale Transaction ID: 11777837873
  • Current Sale Price: $70,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 96982
  • Previous Sale Recording Date: May 06, 2013
  • Previous Sale Contract Date: Apr 29, 2013
  • Previous Sale Amount: $10,000
  • Previous Sale Document Type: Special Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: CITIZENS TRI COUNTY BANK
  • Previous Mortgage Transaction Date: May 06, 2013
  • Previous Mortgage Loan Amount: $7,812
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Grundy



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Frequently Asked Questions

What neighborhood is 4274 Sr 56 located in?
The 4274 Sr 56 is a modular home located in the neighborhood of Grundy in Grundy, Tracy City.
What is the average sales price for listings in 4274 Sr 56?
The average sales price for units in 4274 Sr 56 is $0 currently.

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