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52 Monroe Avenue

52 Monroe Avenue, Jackson, TN 38301
Property in Madison
Sold Jul 20, 2018
$352,250
$281,800 by Mckenzie Banking Co
Mortgage Due Aug 01, 2038
Sold Jun 04, 1957
Transfer
52 Monroe Avenue in Jackson, TN was first built in 1955 and is 69 years old. Although, the building on the property was most recently renovated and altered in 1995. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a custom style. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 52 Monroe Avenue has 1,064 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 500 ft and the linear feet between the front and back of the lot is 2,000. In total, the area measurement of the land is 43,560 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. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of unknown. 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 no air conditioning. As for heating, the home is utilizing no heating system. 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, 52 Monroe Avenue sold most recently in Jul 17, 2018 for a total of $352,250. If you work out the math, that's approximately a cost of $331.06 per sqft. 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 $159 in taxes each year. 52 Monroe Avenue was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $9,875. If we break it down further, the land itself was valued at $1,175. Improvements to the property, however, were assessed at a total of $8,700. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1955
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Custom
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,064
  • Gross Building Area: 1,064
  • Building Area: 1,064
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 1,064
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: NORTH BEMIS
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NORTH BEMIS PB 0001 PG 0190 BLK 0003 LOT 0030 50 X 200

Ownership

  • Current Owner : NORWOOD KEVIN
  • Current Owner 2: NORWOOD ANGELA
  • Previous Owner : BRUHN BRENDA MATTHEWS
  • Previous Owner 2: WINIFRED GAREY MATTHEWS TRUST

Neighborhood

  • School District Name: Jackson-Madison County School System
  • School Tax School District: 57359
  • Census Tract: 001300

Geography

  • Assessors Map Reference: 099E
  • District: 01
  • Parcel: 099E-C-007.00
  • Block: 3
  • Lot: 30
  • Municipality: JACKSON
  • Latitude: 35.5821
  • Longitude: -88.8289

    Address

  • Full Address: 52 Monroe Ave
  • Address - House Number: 52
  • Address - Street Name: Monroe
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Jackson
  • Carrier Code: C037
  • 4-Digit Zip Code: 7322
  • Zip Code: 38301

Valuation

    Tax

  • Total Area: 1,064
  • Tax Year: 2023
  • Tax Amount: $159
  • Tax Rate Code Area: 57A02

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 394,624
  • High Value: 575,809
  • Low Value: 213,438

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $281,800
  • First Open Lien Mortgage Lender: MCKENZIE BANKING CO
  • First Open Lien Mortgage Recording Date: Jul 20, 2018
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $281,800
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2038

    Market Valuation

  • Market Total Value: $39,500
  • Market Land Value: $4,700
  • Market Improvement Value: $34,800

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $9,875
  • Assessed Land Value: $1,175
  • Assessed Improvements Value: $8,700

    Sales

  • Current Sale Contract Date: Jul 17, 2018
  • Current Sale Recording Date: Jul 20, 2018
  • Current Sale Transaction ID: 11484437678
  • Current Sale Price: $352,250
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18008204
  • Previous Sale Recording Date: Jun 04, 1957
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MCKENZIE BANKING CO
  • First Mortgage Transaction Date: Jul 20, 2018
  • First Mortgage Loan Amount: $281,800
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Aug 01, 2038

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Jackson



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Frequently Asked Questions

What neighborhood is 52 Monroe Avenue located in?
The 52 Monroe Avenue is a located in the neighborhood of Madison in Jackson, Jackson.
What is the average sales price for listings in 52 Monroe Avenue?
The average sales price for units in 52 Monroe Avenue is $0 currently.

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