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4855 Old Union Road

4855 Old Union Road, Paris, TN 38242
Property in Henry
Sold May 02, 2014
$175,000
$136,000 by Firstbank
Mortgage Due Jun 01, 2024
Sold Jun 02, 2006
$154,500
4855 Old Union Road has been categorized by the local assessors in Paris, TN as a residential type of property. The building on the property was first built in 1975 and is 49 years old. However, we must point out that the home was most recently renovated and altered in 1980. 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, 4855 Old Union Road has 2,114 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 1,458 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 883,397 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 unimproved garage for those who require parking. The garage measured 580 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 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 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, 4855 Old Union Road sold most recently in May 1, 2014 for a total of $175,000. If you work out the math, that's approximately a cost of $82.78 per sqft. Before that, the property was also sold for $154,500 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 $1,020 in taxes each year. 4855 Old Union Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $53,900. If we break it down further, the land itself was valued at $18,800. Improvements to the property, however, were assessed at a total of $35,100. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1975
  • Effective Year Built: 1980
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • 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: Partial basement
  • Basement Area: 1,458
  • Garage Type: Unimproved
  • Garage Square Area: 580
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 883,397
  • Total Building Area: 2,114
  • Building Area: 2,114
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,114
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 20.28
  • Standard Land Use Code: Rural/agricultural residence
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: DISTRICT: 03, COUNTY AREA: R03

Ownership

  • Current Owner : NELMS STANLEY A
  • Current Owner 2: NELMS HARRY A
  • Previous Owner : JONES RICHARD K
  • Owner Before Previous Owner: FRAZIER RAYMOND L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Henry County School District
  • Census Tract: 969602

Geography

  • Assessors Map Reference: 114
  • District: 03
  • Parcel: 040114 04401
  • Latitude: 36.2716
  • Longitude: -88.205

    Address

  • Full Address: 4855 Old Union Rd
  • Address - House Number: 4855
  • Address - Street Name: Old Union
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Paris
  • Carrier Code: R005
  • 4-Digit Zip Code: 7368
  • Zip Code: 38242

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,020
  • Tax Rate Code Area: 40A00

    Appraisal Valuation

  • Standard Deviation: 0.1413
  • Valuation Date: Feb 22, 2023
  • Confidence Score: 71
  • Final Value: 274,008
  • High Value: 312,738
  • Low Value: 235,277

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $136,000
  • First Open Lien Mortgage Lender: FIRSTBANK
  • First Open Lien Mortgage Recording Date: May 02, 2014
  • First Open Lien Mortgage Loan Amount: $136,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Cash
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2024

    Market Valuation

  • Market Total Value: $215,600
  • Market Land Value: $75,200
  • Market Improvement Value: $140,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $53,900
  • Assessed Land Value: $18,800
  • Assessed Improvements Value: $35,100

    Sales

  • Current Sale Contract Date: May 01, 2014
  • Current Sale Recording Date: May 02, 2014
  • Current Sale Transaction ID: 11443234768
  • Current Sale Price: $175,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 114234
  • Previous Sale Recording Date: Jun 02, 2006
  • Previous Sale Amount: $154,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRSTBANK
  • First Mortgage Transaction Date: May 02, 2014
  • First Mortgage Loan Amount: $136,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: Cash
  • First Mortgage Loan Due Date: Jun 01, 2024

About Henry



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Frequently Asked Questions

What neighborhood is 4855 Old Union Road located in?
The 4855 Old Union Road is a located in the neighborhood of Henry in Henry, Paris.
What is the average sales price for listings in 4855 Old Union Road?
The average sales price for units in 4855 Old Union Road is $0 currently.

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