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506 Davis Hollow Road

506 Davis Hollow Road, Seymour, TN 37865
Property in Sevier
Sold May 13, 2021
$381,950
$296,000 by Mortgage Investors Group Inc
Mortgage Due Jun 01, 2051
Sold Dec 08, 2014
$246,000
$196,800 by Mortgage Investors Group Inc
Mortgage
506 Davis Hollow Road in Seymour, TN was first built in 2002 and is 22 years old. Although, the building on the property was most recently renovated and altered in 2005. 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 2 full bathrooms. There are 3 partial bathrooms. 506 Davis Hollow Road has 2,652 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 linear feet across the front of the lot is 1,300 ft and the linear feet between the front and back of the lot is 1,727. In total, the area measurement of the land is 22,216 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 attached garage. The garage is 660 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 B+. 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 heat pump. 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. 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, 506 Davis Hollow Road sold most recently in May 11, 2021 for a total of $381,950. If you work out the math, that's approximately a cost of $115.32 per sqft. Before that, the property was also sold for $246,000 in Dec 5, 2014. 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 $1,090 in taxes each year. 506 Davis Hollow Road was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $73,675. 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 $66,175. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

Exterior

Brick Exterior
Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: B+
  • 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 Type: Attached
  • Garage Square Area: 660
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 22,216
  • Lot Size Depth Feet: 1,727
  • Lot Size Frontage Feet: 1,300
  • Total Building Area: 3,312
  • Gross Building Area: 3,499
  • Building Area: 2,652
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 2,652
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: THE FARM AT DAVIS HOLLOW
  • Land Acres: 0.51
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THE FARM AT DAVIS HOLLOW PB LM-2 PG 168 LOT 29 130.01 X 172.71 IRR

Ownership

  • Current Owner : RULE PATRICK A
  • Current Owner 2: RULE KRYSTAL A
  • Previous Owner : LAVOIE JOHN P
  • Previous Owner 2: LAVOIE LAVONE HELEN
  • Owner Before Previous Owner: JAMESON JAMES L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 080300

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 057C
  • District: 09
  • Parcel: 057C-C-029.00
  • Lot: 29
  • Municipality: SEVIER COUNTY
  • Latitude: 35.8592
  • Longitude: -83.7499

    Address

  • Full Address: 506 Davis Hollow Rd
  • Address - House Number: 506
  • Address - Street Name: Davis Hollow
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Seymour
  • Carrier Code: R011
  • 4-Digit Zip Code: 5975
  • Zip Code: 37865

Valuation

    Tax

  • Total Area: 990
  • Tax Year: 2023
  • Tax Amount: $1,090
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.2694
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 61
  • Final Value: 507,402
  • High Value: 644,121
  • Low Value: 370,684

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $296,000
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Open Lien Mortgage Recording Date: May 13, 2021
  • First Open Lien Mortgage Loan Amount: $296,000
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $294,700
  • Market Land Value: $30,000
  • Market Improvement Value: $264,700

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $73,675
  • Assessed Land Value: $7,500
  • Assessed Improvements Value: $66,175

    Sales

  • Current Sale Contract Date: May 11, 2021
  • Current Sale Recording Date: May 13, 2021
  • Current Sale Transaction ID: 11835103856
  • Current Sale Price: $381,950
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21016967
  • Previous Sale Recording Date: Dec 08, 2014
  • Previous Sale Contract Date: Dec 05, 2014
  • Previous Sale Amount: $246,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Mortgage Transaction Date: May 13, 2021
  • First Mortgage Loan Amount: $296,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • Previous Mortgage Transaction Date: Dec 08, 2014
  • Previous Mortgage Loan Amount: $196,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Sevier



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Frequently Asked Questions

What neighborhood is 506 Davis Hollow Road located in?
The 506 Davis Hollow Road is a located in the neighborhood of Sevier in Sevier, Seymour.
What is the average sales price for listings in 506 Davis Hollow Road?
The average sales price for units in 506 Davis Hollow Road is $0 currently.

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