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520 McCormick Road

520 McCormick Road, Munford, TN 38058
Property in Tipton
Sold Aug 25, 2021
$500,000
$511,500 by Caliber Home Loans Inc
Mortgage Due Sep 01, 2051
Sold Apr 29, 2021
$470,000
$145,000 by Ally Bank
Mortgage Due May 01, 2036
Local assessors in Munford, TN have categorized 520 McCormick Road as a residential type of property. The home was built in 1996 and is 28 years old. It was most recently renovated and altered in 2000. The property's lot size has been calculated to be 65,776 square feet. As for the restroom situation, there are 4 full bathrooms. There are also 4 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 520 McCormick Road has a total of 3,802 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from none system. Additional features on the property are as follows. There is a mixed used garage for those who need a place to park their vehicle. The garage on the property is 1,716 sqft. There are 6 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a gable or hip style roof that was made of composition shingle. Lots of brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 520 McCormick Road sold most recently in Aug 25, 2021 for a total of $500,000. If you work out the math, that's approximately a cost of $131.51 per sqft. Before that, the property was also sold for $470,000 in Apr 19, 2021. 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 $2,846 in taxes each year. 520 McCormick Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $125,925. If we break it down further, the land itself was valued at $10,325. Improvements to the property, however, were assessed at a total of $115,600. 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. 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.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: 1996
  • Effective Year Built: 2000
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Average
  • Building Quality: C+
  • 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: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 1,716
  • Parking Space Count: 6
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 65,776
  • Total Building Area: 3,802
  • Building Area: 3,802
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 3,802
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: BROWN MCCORMICK RD
  • Land Acres: 1.51
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 06, COUNTY AREA: S60

Ownership

  • Current Owner : WATSON DONALD LEE
  • Previous Owner : TREUTLEIN KENNETH
  • Previous Owner 2: TREUTLEIN ROSALIE
  • Owner Before Previous Owner: GRIFFIN WILLIAM KEITH
  • Owner Before Previous Owner 2: SIMPSON LEWIS DARRELL
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Tipton County School District
  • School Tax School District: 84512
  • Census Tract: 040303

Geography

  • Assessors Map Reference: 112
  • District: 06
  • Parcel: 084112 07503
  • Lot: 1
  • Municipality: MUNFORD
  • Latitude: 35.4342
  • Longitude: -89.8293

    Address

  • Full Address: 520 Mccormick Rd
  • Address - House Number: 520
  • Address - Street Name: Mccormick
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Munford
  • Carrier Code: R006
  • 4-Digit Zip Code: 4646
  • Zip Code: 38058

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,846
  • Tax Rate Code Area: 84A08

    Appraisal Valuation

  • Standard Deviation: 0.2186
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 70
  • Final Value: 537,055
  • High Value: 654,504
  • Low Value: 419,606

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $511,500
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Aug 25, 2021
  • First Open Lien Mortgage Loan Amount: $511,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $503,700
  • Market Land Value: $41,300
  • Market Improvement Value: $462,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $125,925
  • Assessed Land Value: $10,325
  • Assessed Improvements Value: $115,600

    Sales

  • Current Sale Contract Date: Aug 25, 2021
  • Current Sale Recording Date: Aug 25, 2021
  • Current Sale Transaction ID: 11853778722
  • Current Sale Price: $500,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 248567
  • Previous Sale Recording Date: Apr 29, 2021
  • Previous Sale Contract Date: Apr 19, 2021
  • Previous Sale Amount: $470,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Aug 25, 2021
  • First Mortgage Loan Amount: $511,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: ALLY BANK
  • Previous Mortgage Transaction Date: Apr 29, 2021
  • Previous Mortgage Loan Amount: $145,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2036

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Frequently Asked Questions

What neighborhood is 520 McCormick Road located in?
The 520 McCormick Road is a located in the neighborhood of Tipton in Munford, Munford.
What is the average sales price for listings in 520 McCormick Road?
The average sales price for units in 520 McCormick Road is $0 currently.

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