Check Availability

502 Division Avenue

502 Division Avenue, Jackson, TN 38301
House in Madison
Sold Mar 17, 2020
$250,000
$200,000 by Leaders Cu
Mortgage Due Apr 01, 2050
Sold Jul 24, 2019
$129,900
$103,920 by Community Bank
Mortgage Due Jul 23, 2020
502 Division Avenue 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 1946 and is 78 years old. However, we must point out that the home was most recently renovated and altered in 1990. Residents will have access to 4 full bathrooms. There are 4 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, 502 Division Avenue has 3,989 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 1,200 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 linear feet between the front and back of the lot is 1,650 ft and across the front of the lot is 1,200 ft. The area measurement of the land has been determined as 19,800 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. For the features and amenities located on the property. There is a carport for those who require parking. The garage measured 475 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 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 paneling. 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 heat pump. 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. The property was last sold in Mar 16, 2020 for $250,000. That's $62.67 per sqft. Prior to that sales transaction, the property was also sold in Jul 23, 2019 for $129,900. 502 Division Avenue was last assessed in 2024. The total value of the property was assessed at $66,875. Specifically, the land the property is located on was valued at $9,275. While improvements on the property were assessed at a total of $57,600. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,078. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Interior Walls Type: Paneling
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Partial basement
  • Basement Area: 1,200
  • Garage Type: Carport
  • Garage Square Area: 475
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 19,800
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 3,989
  • Gross Building Area: 3,989
  • Building Area: 3,989
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 3,989
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WESTMORELAND
  • Land Acres: 0.455
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WESTMORELAND PB 0001 PG 0062 LOT NOTE LOT 11 & 12 120 X 165

Ownership

  • Current Owner : SIMPSON ADAM ROBERT
  • Current Owner 2: SIMPSON ELIZABETH CARKUFF
  • Previous Owner : SUPERIOR HOME ELEGANCE RENOVATIONS LLC
  • Owner Before Previous Owner: JINKS DALE L
  • Owner Before Previous Owner 2: JINKS ROXANN L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jackson-Madison County School System
  • School Tax School District: 57359
  • Census Tract: 000300

Geography

  • Assessors Map Reference: 077D
  • District: 05
  • Parcel: 077D-H-011.00
  • Lot: 11,12
  • Municipality: JACKSON
  • Latitude: 35.628
  • Longitude: -88.8267

    Address

  • Full Address: 502 Division Ave
  • Address - House Number: 502
  • Address - Street Name: Division
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Jackson
  • Carrier Code: C024
  • 4-Digit Zip Code: 4847
  • Zip Code: 38301

Valuation

    Tax

  • Total Area: 2,465
  • Tax Year: 2023
  • Tax Amount: $1,078
  • Tax Rate Code Area: 57A02

    Appraisal Valuation

  • Standard Deviation: 0.2394
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 66
  • Final Value: 368,872
  • High Value: 457,217
  • Low Value: 280,528

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $249,000
  • First Open Lien Mortgage Lender: LEADERS CU
  • First Open Lien Mortgage Recording Date: Mar 17, 2020
  • First Open Lien Mortgage Loan Amount: $200,000
  • 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: Apr 01, 2050
  • Second Open Lien Mortgage Lender: LEADERS CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Aug 10, 2023
  • Second Open Lien Mortgage Loan Amount: $49,000
  • Second Open Lien Mortgage Term: 83
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2030

    Market Valuation

  • Market Total Value: $267,500
  • Market Land Value: $37,100
  • Market Improvement Value: $230,400

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $66,875
  • Assessed Land Value: $9,275
  • Assessed Improvements Value: $57,600

    Sales

  • Current Sale Contract Date: Mar 16, 2020
  • Current Sale Recording Date: Mar 17, 2020
  • Current Sale Transaction ID: 11748370924
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20003249
  • Previous Sale Recording Date: Jul 24, 2019
  • Previous Sale Contract Date: Jul 23, 2019
  • Previous Sale Amount: $129,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LEADERS CU
  • First Mortgage Transaction Date: Mar 17, 2020
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: COMMUNITY BANK
  • Previous Mortgage Transaction Date: Jul 24, 2019
  • Previous Mortgage Loan Amount: $103,920
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Previous Mortgage Loan Due Date: Jul 23, 2020

About Jackson



Similar Buildings

House at 502 Division Avenue,

246 Linden Street

  • 1 Unit for Sale
246 Linden Street, Jackson, TN 38301
House at 502 Division Avenue,

123 Woodrow Street

  • 1 Unit for Sale
123 Woodrow Street, Jackson, TN 38301
House at 502 Division Avenue,

111 Tucker Street

  • 1 Unit for Sale
111 Tucker Street, Jackson, TN 38301
House at 502 Division Avenue,

267 West Deaderick Street

  • 1 Unit for Sale
267 West Deaderick Street, Jackson, TN 38301
House at 502 Division Avenue,

1207 Prospect Street

  • 1 Unit for Sale
1207 Prospect Street, Jackson, TN 38301
House at 502 Division Avenue,

909 Hollywood Drive

  • 1 Unit for Sale
909 Hollywood Drive, Jackson, TN 38301
House at 502 Division Avenue,

1017 Campbell Street

  • 1 Unit for Sale
1017 Campbell Street, Jackson, TN 38301
House at 502 Division Avenue,

1420 Highland Avenue North

  • 1 Unit for Sale
1420 Highland Avenue North, Jackson, TN 38301
House at 502 Division Avenue,

1021 Campbell Street

  • 1 Unit for Sale
1021 Campbell Street, Jackson, TN 38301

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 502 Division Avenue located in?
The 502 Division Avenue is a house located in the neighborhood of Madison in Jackson, Jackson.
What is the average sales price for listings in 502 Division Avenue?
The average sales price for units in 502 Division Avenue is $129,900 , or $43/sqft. currently.

Neighborhoods
Quantcast