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4302 Rhea County Highway

4302 Rhea County Highway, Dayton, TN 37321
Commercial in Rhea
1 Units For Sale
Unit for sale at 4302 Rhea County Highway, Dayton, TN 37321

$1,300,000

  • Commercial
  • 10,500 ft²
4302 Rhea County Highway, Dayton, TN 37321 Listing by Teresa Congioloso

4302 Rhea County Highway has been categorized by the local assessors in Dayton, TN as a residential type of property. The building on the property was first built in 2000 and is 24 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 4302 Rhea County Highway has 1,440 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 154,202 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. 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 rigid frame bar style roof made of metal. The exterior walls of the building are made of metal. While the interior walls have been made of unfinished materials. As for the floors, you'll see that the home has flooring throughout. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 4302 Rhea County Highway was last sold in Sep 27, 2011 for $959,500. According to our calculations, that's $666.32 per sqft. Prior to that sales transaction, the property was sold for $1,150,000 in Jan 1, 1970. Current property owners are expected to pay $10,317 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 4302 Rhea County Highway was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $363,920. To break that down further, the land itself was valued at $173,960. While improvements to the property were assessed at a total of $189,960. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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!

Building Features

Exterior

Metal Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190327
03/27/2019
Loft
-
10500 ft²
$800,000
bedrooms
Loft
bathrooms
-
square feet
10500 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Total Rooms: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Metal
  • Interior Walls Type: Unfinished materials
  • Roof Shape Type: Rigid frame bar
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 154,202
  • Total Building Area: 1,440
  • Gross Building Area: 10,500
  • Building Area: 1,440
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,440
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PREBUL-TROTTER SUBD
  • Land Acres: 3.54
  • Standard Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • Mobile Home Indicator: T
  • Legal Description 1: DISTRICT: 4; SUBDIVISION: PREBUL-TROTTER SUB REPLAT

Ownership

  • Current Owner : SIMS JOHN ADAM
  • Previous Owner : FIRST BANK OF TENNESSEE
  • Owner Before Previous Owner: PREBUL JOSEPH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rhea County School District in Dayton
  • School Tax School District: 72189
  • Census Tract: 975402

Zoning

  • Zoning: C2

Geography

  • Assessors Map Reference: 096
  • District: 04
  • Parcel: 072096 04102
  • Lot: 1A
  • Municipality: DAYTON
  • Latitude: 35.4729
  • Longitude: -85.0315

    Address

  • Full Address: 4302 Rhea County Hwy
  • Address - House Number: 4302
  • Address - Street Name: Rhea County
  • Address - Suffix Type: Hwy
  • State: TN
  • City Name: Dayton
  • Carrier Code: C002
  • 4-Digit Zip Code: 6085
  • Zip Code: 37321

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,317
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 72A01

    Appraisal Valuation

  • Standard Deviation: 0.4659
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 6
  • Final Value: 1,130,036
  • High Value: 1,656,558
  • Low Value: 603,513

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,148,000
  • First Open Lien Mortgage Lender: FIRST BANK OF TENNESSEE
  • First Open Lien Mortgage Recording Date: May 01, 2018
  • First Open Lien Mortgage Loan Amount: $960,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Second Open Lien Mortgage Lender: SOUTHEAST BANK
  • Second Open Lien Mortgage Recording Date: Oct 25, 2023
  • Second Open Lien Mortgage Loan Amount: $188,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $909,800
  • Market Land Value: $434,900
  • Market Improvement Value: $474,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $363,920
  • Assessed Land Value: $173,960
  • Assessed Improvements Value: $189,960

    Sales

  • Current Sale Contract Date: Sep 27, 2011
  • Current Sale Recording Date: Sep 27, 2011
  • Current Sale Transaction ID: 11443861770
  • Current Sale Price: $959,500
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 11050639
  • Previous Sale Recording Date: Jun 22, 2009
  • Previous Sale Amount: $1,150,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST BANK
  • First Mortgage Transaction Date: Sep 27, 2011
  • First Mortgage Loan Amount: $1,500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 4302 Rhea County Highway located in?
The 4302 Rhea County Highway is a commercial located in the neighborhood of Rhea in Dayton, Dayton.
How many listings are currently for sale in 4302 Rhea County Highway?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 4302 Rhea County Highway?
The average sales price for units in 4302 Rhea County Highway is $1,300,000 , or $124/sqft. currently.

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