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45 Summerview Drive

45 Summerview Drive, Jackson, TN 38305
House in Madison
Sold Oct 07, 2019
$199,900
$196,275 by Commercial Bank & Trust Compan
Mortgage Due Oct 01, 2049
Sold Sep 07, 2018
$187,500
45 Summerview Drive has been categorized by the local assessors in Jackson, TN as a residential type of property. The building on the property was first built in 1995 and is 29 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, 45 Summerview Drive has 2,275 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,770 ft and across the front of the lot is 1,100 ft. The area measurement of the land has been determined as 43,560 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 attached garage for those who require parking. The garage measured 590 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. 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 B- 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 brick. 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 a packaged air conditioning unit at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 45 Summerview Drive was last sold in Sep 27, 2019 for $199,900. According to our calculations, that's $69.77 per sqft. Prior to that sales transaction, the property was sold for $187,500 in Sep 6, 2018. Current property owners are expected to pay $1,007 in taxes per year. The property on 45 Summerview Drive was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $62,500. To break that down further, the land itself was valued at $7,500. While improvements to the property were assessed at a total of $55,000. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Attached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: B-
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 590
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 1,770
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 2,865
  • Gross Building Area: 3,001
  • Building Area: 2,275
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 2,275
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: RAMBLEWOOD EAST
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RAMBLEWOOD EAST PB 0006 PG 0142 BLK 0002 LOT 0032 14 BARKWOOD CV 110.84X177.97X114.59X 136.97 IRR COR

Ownership

  • Current Owner : LOVELACE MARVIN FRANKLIN
  • Current Owner 2: LOVELACE MONICA
  • Previous Owner : WILKERSON RUSS
  • Previous Owner 2: WILKERSON CAROLYN
  • Owner Before Previous Owner: DICKSON JAMES R
  • Owner Before Previous Owner 2: DICKSON LINDA F
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Jackson-Madison County School System
  • School Tax School District: 57359
  • Census Tract: 001603

Geography

  • Assessors Map Reference: 043P
  • District: 05
  • Parcel: 043P-H-023.00
  • Block: 2
  • Lot: 32
  • Municipality: JACKSON
  • Latitude: 35.6819
  • Longitude: -88.8165

    Address

  • Full Address: 45 Summerview Dr
  • Address - House Number: 45
  • Address - Street Name: Summerview
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Jackson
  • Carrier Code: R018
  • 4-Digit Zip Code: 6403
  • Zip Code: 38305

Valuation

    Tax

  • Total Area: 2,275
  • Tax Year: 2023
  • Tax Amount: $1,007
  • Tax Rate Code Area: 57A02

    Appraisal Valuation

  • Standard Deviation: 0.241
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 66
  • Final Value: 325,292
  • High Value: 403,695
  • Low Value: 246,889

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $211,113
  • First Open Lien Mortgage Lender: COMMERCIAL BANK & TRUST COMPAN
  • First Open Lien Mortgage Recording Date: Oct 07, 2019
  • First Open Lien Mortgage Loan Amount: $196,275
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2049
  • Second Open Lien Mortgage Lender: BRANCH BANKING AND TRUST CO
  • Second Open Lien Mortgage Recording Date: Aug 23, 2021
  • Second Open Lien Mortgage Loan Amount: $14,838
  • Second Open Lien Mortgage Term: 338
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2049

    Market Valuation

  • Market Total Value: $250,000
  • Market Land Value: $30,000
  • Market Improvement Value: $220,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $62,500
  • Assessed Land Value: $7,500
  • Assessed Improvements Value: $55,000

    Sales

  • Current Sale Contract Date: Sep 27, 2019
  • Current Sale Recording Date: Oct 07, 2019
  • Current Sale Transaction ID: 11661474261
  • Current Sale Price: $199,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19012430
  • Previous Sale Recording Date: Sep 07, 2018
  • Previous Sale Contract Date: Sep 06, 2018
  • Previous Sale Amount: $187,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMERCIAL BANK & TRUST COMPAN
  • First Mortgage Transaction Date: Oct 07, 2019
  • First Mortgage Loan Amount: $196,275
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2049

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Frequently Asked Questions

What neighborhood is 45 Summerview Drive located in?
The 45 Summerview Drive is a house located in the neighborhood of Madison in Jackson, Jackson.
What is the average sales price for listings in 45 Summerview Drive?
The average sales price for units in 45 Summerview Drive is $199,900 , or $88/sqft. currently.

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