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502 Rachel Shankle Drive

502 Rachel Shankle Drive, Munford, TN 38058
Sold Jun 01, 2023
$310,000
Sold Jul 29, 2021
$255,000
$255,000 by Mortgage Solutions Of Colorado
Mortgage Due Aug 01, 2051
502 Rachel Shankle Drive in Munford, TN was first built in 2007 and is 17 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 502 Rachel Shankle Drive has 2,197 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. In total, the area measurement of the land is 27,007 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable or hip style roof made of composition shingle. Water for the property is sourced from a municipal system. The property is connected to a sewer system. For those who need parking, there is a garage. The garage is 420 sqft. There are a total of 2 available parking spaces. 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 brick. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. 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 heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in May 24, 2023 for $310,000. That's $141.10 per sqft. Prior to that sales transaction, the property was also sold in Jul 13, 2021 for $255,000. 502 Rachel Shankle Drive was last assessed in 2023. The total value of the property was assessed at $73,450. Specifically, the land the property is located on was valued at $9,375. While improvements on the property were assessed at a total of $64,075. 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 $1,050. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • 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: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 27,007
  • Total Building Area: 2,197
  • Building Area: 2,197
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,197
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: REED EST SEC H
  • Land Acres: 0.62
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 06, COUNTY AREA: S53

Ownership

  • Current Owner : HANSON CRYSTAL D
  • Current Owner 2: HANSON CECIL M
  • Previous Owner : WALKEM TYLER
  • Owner Before Previous Owner: GLASS MICHAEL LEE
  • Owner Before Previous Owner 2: GLASS SHERRY A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Tipton County School District
  • Census Tract: 040303

Geography

  • Assessors Map Reference: 113L
  • District: 06
  • Parcel: 084113E A 07100
  • Lot: 93
  • Latitude: 35.4365
  • Longitude: -89.8658

    Address

  • Full Address: 502 Rachel Shankle Dr
  • Address - House Number: 502
  • Address - Street Name: Rachel Shankle
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Munford
  • Carrier Code: R004
  • 4-Digit Zip Code: 2801
  • Zip Code: 38058

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,050
  • Tax Rate Code Area: 84A00

    Appraisal Valuation

  • Standard Deviation: 0.0959
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 91
  • Final Value: 323,001
  • High Value: 353,998
  • Low Value: 292,004

    Market Valuation

  • Market Total Value: $293,800
  • Market Land Value: $37,500
  • Market Improvement Value: $256,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $73,450
  • Assessed Land Value: $9,375
  • Assessed Improvements Value: $64,075

    Sales

  • Current Sale Contract Date: May 24, 2023
  • Current Sale Recording Date: Jun 01, 2023
  • Current Sale Transaction ID: 11907309445
  • Current Sale Price: $310,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 266544
  • Previous Sale Recording Date: Jul 29, 2021
  • Previous Sale Contract Date: Jul 13, 2021
  • Previous Sale Amount: $255,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE SOLUTIONS OF COLORADO
  • Previous Mortgage Transaction Date: Jul 29, 2021
  • Previous Mortgage Loan Amount: $255,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Aug 01, 2051

About Reeds Estates



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Frequently Asked Questions

What neighborhood is 502 Rachel Shankle Drive located in?
The 502 Rachel Shankle Drive is a house located in the neighborhood of Reeds Estates in Reeds Estates, Munford.
What is the average sales price for listings in 502 Rachel Shankle Drive?
The average sales price for units in 502 Rachel Shankle Drive is $0 currently.

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