4860 Prospect Road

Local assessors in Prospect, TN have categorized 4860 Prospect Road as a residential type of property. The home was built in 1955 and is 69 years old. It was most recently renovated and altered in 1965. The property's lot size has been calculated to be 50,094 square feet. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4860 Prospect Road has a total of 1,580 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 533 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 water 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 is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 - C. The building has a gable or hip style roof that was made of unknown. Lots of brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on a packaged air conditioning unit for their cooling system. The home's a heating system is the primary heating source. 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, 4860 Prospect Road was last sold in Apr 23, 2020 for $70,000. According to our calculations, that's $44.30 per sqft. Prior to that sales transaction, the property was sold for $65,000 in Nov 1, 2018. Current property owners are expected to pay $481 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 4860 Prospect Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $24,200. To break that down further, the land itself was valued at $4,425. While improvements to the property were assessed at a total of $19,775. 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!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.