5120 Telecom Drive

5120 Telecom Drive in Milan, TN was first built in 2000 and is 24 years old. This has been categorized as a commercial property type. It is a single story home. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. In total, the area measurement of the land is 148,104 square feet.

Learn more about the property and building on this page. The home has a rigid frame bar style roof made of metal. 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. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with concrete control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. 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 a packaged air conditioning unit. As for heating, the home is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5120 Telecom Drive was last sold in May 21, 2015 for $12,000. According to our calculations, that's $0.99 per sqft. Prior to that sales transaction, the property was sold for $2,500 in Jan 1, 1970. Current property owners are expected to pay $6,996 in taxes per year. The property on 5120 Telecom Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $219,160. To break that down further, the land itself was valued at $28,560. While improvements to the property were assessed at a total of $190,600. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.