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504 Summerfield Drive

504 Summerfield Drive, Smyrna, TN 37167
Property in Rutherford
Sold Mar 17, 2017
$200,000
$190,000 by Iserve Residential Lending Llc
Mortgage Due Apr 01, 2047
Sold Jun 12, 2002
$96,000
$76,800 by Americas Wholesale Lender
Mortgage Due Jun 03, 2017
Local assessors in Smyrna, TN have categorized 504 Summerfield Drive as a residential type of property. The home was built in 1984 and is 40 years old. It was most recently renovated and altered in 2006. The property's lot size has been calculated to be 21,600 square feet. The linear feet between the front and back of the lot was measured at 1,800 ft and the front of the lot was measured at 1,200 ft. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 504 Summerfield Drive has a total of 1,945 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 576 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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 gravel/rock. Lots of alum/vinyl siding 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. Residents rely on central air conditioning for their cooling system. The home's a heat pump is the primary heating source. 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, 504 Summerfield Drive sold most recently in Mar 16, 2017 for a total of $200,000. If you work out the math, that's approximately a cost of $102.83 per sqft. Before that, the property was also sold for $96,000 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 $1,979 in taxes each year. 504 Summerfield Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $82,425. If we break it down further, the land itself was valued at $13,750. Improvements to the property, however, were assessed at a total of $68,675. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1984
  • Effective Year Built: 2006
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Gravel/rock
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Detached
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 21,600
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 1,945
  • Building Area: 1,945
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,945
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TARRYTOWN ESTATES SEC 1
  • Land Acres: 0.496
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential (general) (single)
  • Legal Description 1: LOT 43 TARRYTOWN ESTATES SEC 1 PB 3 PG 93 120 X 180

Ownership

  • Current Owner : CLEMENTS DANIEL O
  • Current Owner 2: MILLER CLEMENTS DAVINA D
  • Previous Owner : CLEMENTS ROBBI D
  • Owner Before Previous Owner: BANKERS TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rutherford County School District
  • Census Tract: 040308

Geography

  • Assessors Map Reference: 3-93
  • Account Number: R0029797
  • District: 674
  • Section: 3
  • Parcel: 050D-B-003.00-000
  • Lot: 43
  • Municipality: SMYRNA
  • Latitude: 35.9472
  • Longitude: -86.5304

    Address

  • Full Address: 504 Summerfield Dr
  • Address - House Number: 504
  • Address - Street Name: Summerfield
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Smyrna
  • Carrier Code: R009
  • 4-Digit Zip Code: 4231
  • Zip Code: 37167

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,979

    Appraisal Valuation

  • Standard Deviation: 0.1345
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 84
  • Final Value: 422,030
  • High Value: 478,831
  • Low Value: 365,229

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $373,129
  • First Open Lien Mortgage Lender: ISERVE RESIDENTIAL LENDING LLC
  • First Open Lien Mortgage Recording Date: Mar 17, 2017
  • First Open Lien Mortgage Loan Amount: $190,000
  • 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, 2047
  • Second Open Lien Mortgage Lender: BETTER MORTGAGE CORPORATION
  • Second Open Lien Mortgage Recording Date: Jul 12, 2021
  • Second Open Lien Mortgage Loan Amount: $183,129
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $329,700
  • Market Land Value: $55,000
  • Market Improvement Value: $274,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $82,425
  • Assessed Land Value: $13,750
  • Assessed Improvements Value: $68,675

    Sales

  • Current Sale Contract Date: Mar 16, 2017
  • Current Sale Recording Date: Mar 17, 2017
  • Current Sale Transaction ID: 1806837174
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2074132
  • Previous Sale Recording Date: Jun 12, 2002
  • Previous Sale Amount: $96,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ISERVE RESIDENTIAL LENDING LLC
  • First Mortgage Transaction Date: Mar 17, 2017
  • First Mortgage Loan Amount: $190,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAS WHOLESALE LENDER
  • Previous Mortgage Transaction Date: Jun 12, 2002
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $76,800
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jun 03, 2017

About Smyrna



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Frequently Asked Questions

What neighborhood is 504 Summerfield Drive located in?
The 504 Summerfield Drive is a located in the neighborhood of Rutherford in Smyrna, Smyrna.
What is the average sales price for listings in 504 Summerfield Drive?
The average sales price for units in 504 Summerfield Drive is $0 currently.

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