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506 Summit Drive

506 Summit Drive, Medina, TN 38355
House in Gibson
506 Summit Drive has been categorized by the local assessors in Medina, TN as a type of property. The building on the property was first built in 2009 and is 17 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 100 stories. In addition, 506 Summit Drive has 1,289 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,070 ft and across the front of the lot is 800 ft. The area measurement of the land has been determined as 8,560 square feet.

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 for those who require parking. The garage measured 420 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a . Moving on to the building itself. The condition of the building has been evaluated as . From what we've gathered, the quality of these control joints have been graded with a letter grade of by the local assessor. The building has a style roof made of . The exterior walls of the building are made of . While the interior walls have been made of . As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with at the moment. In terms of heating, it is utilizing . Finally, the property is currently sourcing its water from 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 May 27, 2022 for $220,000. That's $170.67 per sqft. Prior to that sales transaction, the property was also sold in Aug 17, 2017 for $131,000. 506 Summit Drive was last assessed in 2022. The total value of the property was assessed at $32,250. Specifically, the land the property is located on was valued at $5,000. While improvements on the property were assessed at a total of $27,250. 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 $98,100. 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. 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

Parking

Attached Garage

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20220426
04/26/2022
3 Bed
2 Bath
1289 ft²
$219,500
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1289 ft²
-
-
Ray Whitwell
Hickman Realty Group, Inc.-Mil


Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 25
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,560
  • Lot Size Depth Feet: 1,070
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,289
  • Building Area: 1,289
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,289
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUMMERFIELD PHASE 2 SEC 1
  • Land Acres: 0000000196
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: SUMMERFIELD PHASE 2 SEC 1 32 107

Neighborhood

  • School District Name: Gibson County School District
  • School Tax School District: 27473
  • Census Tract: 967100

Geography

  • Assessors Map Reference: 172C
  • District: 02
  • Parcel: 027172C B 10700
  • Block: 32
  • Lot: 107
  • Municipality: MEDINA CITY
  • Latitude: 35.8283
  • Longitude: -88.8024

    Address

  • Full Address: 506 Summit Dr
  • Address - House Number: 506
  • Address - Street Name: Summit
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Medina
  • Carrier Code: R004
  • 4-Digit Zip Code: 6906
  • Zip Code: 38355

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $98,100
  • Tax Rate Code Area: 27B06

    Appraisal Valuation

  • Standard Deviation: 0.1576
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 68
  • Final Value: 146,505
  • High Value: 169,604
  • Low Value: 123,405

    Market Valuation

  • Market Total Value: $129,000
  • Market Land Value: $20,000
  • Market Improvement Value: $109,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $32,250
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $27,250

    Sales

  • Current Sale Contract Date: May 27, 2022
  • Current Sale Recording Date: May 27, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 216729
  • Previous Sale Recording Date: Aug 23, 2017
  • Previous Sale Contract Date: Aug 17, 2017
  • Previous Sale Amount: $131,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Medina



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Frequently Asked Questions

What neighborhood is 506 Summit Drive located in?
The 506 Summit Drive is a house located in the neighborhood of Gibson in Medina, Medina.
What is the average sales price for listings in 506 Summit Drive?
The average sales price for units in 506 Summit Drive is $0 currently.