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511 Independence Way

511 Independence Way, Murfreesboro, TN 37129
Property in Rutherford
Sold Jul 20, 2021
$350,000
$339,500 by First Community Mortgage Inc
Mortgage Due Aug 01, 2051
Sold Dec 26, 2019
$284,900
$218,900 by Interlinc Mortgage Services Ll
Mortgage Due Jan 01, 2050
511 Independence Way has been categorized by the local assessors in Murfreesboro, TN as a residential type of property. The building on the property was first built in 1991 and is 33 years old. However, we must point out that the home was most recently renovated and altered in 2009. Residents will have access to 2 full bathrooms. There are 3 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, 511 Independence Way has 1,816 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 1,255 ft and across the front of the lot is 1,079 ft. The area measurement of the land has been determined as 13,547 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

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 attached garage for those who require parking. The garage measured 462 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a screened porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. 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 gravel/rock. The exterior walls of the building are made of masonry. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. The inside of the home is being cooled with central 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 Jul 15, 2021 for $350,000. That's $192.73 per sqft. Prior to that sales transaction, the property was also sold in Dec 20, 2019 for $284,900. 511 Independence Way was last assessed in 2023. The total value of the property was assessed at $79,850. Specifically, the land the property is located on was valued at $13,750. While improvements on the property were assessed at a total of $66,100. 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 $2,259. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 2009
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Masonry
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 13,547
  • Lot Size Depth Feet: 1,255
  • Lot Size Frontage Feet: 1,079
  • Total Building Area: 1,816
  • Building Area: 1,816
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,816
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: RAVENWOOD SEC 5
  • Land Acres: 0.31
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential (general) (single)
  • Legal Description 1: LOT 266 RAVENWOOD SEC 5 PB 12 PG 83 107.92 X 125.54 IRR

Ownership

  • Current Owner : ACOSTA RODRIGO CARRILLO
  • Previous Owner : MCCORD CYNTHIA DAWN
  • Owner Before Previous Owner: PHILLIPS MARK N
  • Owner Before Previous Owner 2: PHILLIPS NANCY P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rutherford County School District in Murfreesboro
  • Census Tract: 041302

Geography

  • Assessors Map Reference: 12-83
  • Account Number: R0045657
  • District: 515
  • Section: 5
  • Parcel: 080C-E-032.00-000
  • Lot: 266
  • Municipality: MURFREESBORO
  • Latitude: 35.8822
  • Longitude: -86.3938

    Address

  • Full Address: 511 Independence Way
  • Address - House Number: 511
  • Address - Street Name: Independence
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Murfreesboro
  • Carrier Code: R016
  • 4-Digit Zip Code: 6664
  • Zip Code: 37129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,259

    Appraisal Valuation

  • Standard Deviation: 0.1482
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 82
  • Final Value: 412,911
  • High Value: 474,139
  • Low Value: 351,684

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $339,500
  • First Open Lien Mortgage Lender: FIRST COMMUNITY MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jul 20, 2021
  • First Open Lien Mortgage Loan Amount: $339,500
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $319,400
  • Market Land Value: $55,000
  • Market Improvement Value: $264,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $79,850
  • Assessed Land Value: $13,750
  • Assessed Improvements Value: $66,100

    Sales

  • Current Sale Contract Date: Jul 15, 2021
  • Current Sale Recording Date: Jul 20, 2021
  • Current Sale Transaction ID: 11846065992
  • Current Sale Price: $350,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2377044
  • Previous Sale Recording Date: Dec 26, 2019
  • Previous Sale Contract Date: Dec 20, 2019
  • Previous Sale Amount: $284,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST COMMUNITY MORTGAGE INC
  • First Mortgage Transaction Date: Jul 20, 2021
  • First Mortgage Loan Amount: $339,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: INTERLINC MORTGAGE SERVICES LL
  • Previous Mortgage Transaction Date: Dec 26, 2019
  • Previous Mortgage Loan Amount: $218,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2050

About Murfreesboro



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Frequently Asked Questions

What neighborhood is 511 Independence Way located in?
The 511 Independence Way is a located in the neighborhood of Rutherford in Murfreesboro, Murfreesboro.
What is the average sales price for listings in 511 Independence Way?
The average sales price for units in 511 Independence Way is $0 currently.

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