Check Availability

488 Raccoon Valley Road

488 Raccoon Valley Road, Powell, TN 37849
House in Anderson
Sold May 20, 2010
$147,000
$158,900 by Home Federal Bank Of Tennessee
Mortgage Due May 01, 2050
Sold Feb 22, 2007
$132,000
$77,217 by Tnbank
Mortgage Due Feb 22, 2037
488 Raccoon Valley Road in Powell, TN was first built in 1972 and is 52 years old. Although, the building on the property was most recently renovated and altered in 1990. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a custom style. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 488 Raccoon Valley Road has 1,084 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 112 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 47,916 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable or hip style roof made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a detached garage. The garage is 256 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of unknown. While the interior walls are made of paneling. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. 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, 488 Raccoon Valley Road sold most recently in Jan 1, 1970 for a total of $147,000. If you work out the math, that's approximately a cost of $135.61 per sqft. Before that, the property was also sold for $132,000 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 $661 in taxes each year. 488 Raccoon Valley Road was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $25,150. If we break it down further, the land itself was valued at $7,500. Improvements to the property, however, were assessed at a total of $17,650. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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

Parking

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

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Custom
  • Interior Walls Type: Paneling
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 112
  • Garage Type: Detached
  • Garage Square Area: 256
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 47,916
  • Total Building Area: 1,084
  • Gross Building Area: 1,264
  • Building Area: 1,084
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,084
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: KENNETH D CHURCH SURV
  • Land Acres: 1.1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 01 090 090 02701 000

Ownership

  • Current Owner : MCKENZIE NOLAN B
  • Previous Owner : BACK STEVEN R
  • Owner Before Previous Owner: VAINE STEPHEN L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Estate

Neighborhood

  • School District Name: Anderson County School District
  • Census Tract: 021303

Geography

  • Assessors Map Reference: 090
  • District: 01
  • Parcel: 090-027.01
  • Municipality: ANDERSON COUNTY
  • Latitude: 36.0564
  • Longitude: -84.0913

    Address

  • Full Address: 488 Raccoon Valley Rd
  • Address - House Number: 488
  • Address - Street Name: Raccoon Valley
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Powell
  • Carrier Code: R002
  • 4-Digit Zip Code: 7517
  • Zip Code: 37849

Valuation

    Tax

  • Total Area: 972
  • Tax Year: 2023
  • Tax Amount: $661
  • Tax Rate Code Area: 01A00

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 411,895
  • High Value: 601,010
  • Low Value: 222,779

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $217,900
  • First Open Lien Mortgage Lender: HOME FEDERAL BANK OF TENNESSEE
  • First Open Lien Mortgage Recording Date: Apr 22, 2020
  • First Open Lien Mortgage Loan Amount: $158,900
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2050
  • Second Open Lien Mortgage Lender: UT FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Oct 27, 2021
  • Second Open Lien Mortgage Loan Amount: $59,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2036

    Market Valuation

  • Market Total Value: $100,600
  • Market Land Value: $30,000
  • Market Improvement Value: $70,600

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $25,150
  • Assessed Land Value: $7,500
  • Assessed Improvements Value: $17,650

    Sales

  • Current Sale Recording Date: May 20, 2010
  • Current Sale Transaction ID: 1139664584
  • Current Sale Price: $147,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Feb 22, 2007
  • Previous Sale Amount: $132,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Mortgage Transaction Date: May 28, 2010
  • First Mortgage Loan Amount: $117,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: May 25, 2040

    Previous Mortgages

  • Previous Mortgage Lender: TNBANK
  • Previous Mortgage Transaction Date: Feb 26, 2007
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $77,217
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Feb 22, 2037

About Anderson



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 488 Raccoon Valley Road located in?
The 488 Raccoon Valley Road is a house located in the neighborhood of Anderson in Anderson, Powell.
What is the average sales price for listings in 488 Raccoon Valley Road?
The average sales price for units in 488 Raccoon Valley Road is $0 currently.

Quantcast