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527 Verano Street

527 Verano Street, Medina, TN 38355
Property in Gibson
Sold Apr 01, 2020
$170,000
$166,920 by Bancorpsouth Bank
Mortgage Due Apr 01, 2050
Sold Jul 03, 2008
$136,850
$139,642 by Regions Bank
Mortgage Due Jul 03, 2038
Local assessors in Medina, TN have categorized 527 Verano Street as a residential type of property. The home was built in 2008 and is 16 years old. The property's lot size has been calculated to be 10,350 square feet. The linear feet between the front and back of the lot was measured at 1,150 ft and the front of the lot was measured at 900 ft. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 527 Verano Street has a total of 1,720 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 a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a unknown for those who need a place to park their vehicle. The garage on the property is 600 sqft. There are 2 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. 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. 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, 527 Verano Street was last sold in Mar 20, 2020 for $170,000. According to our calculations, that's $98.84 per sqft. Prior to that sales transaction, the property was sold for $136,850 in Jan 1, 1970. Current property owners are expected to pay $1,186 in taxes per year. The property on 527 Verano Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $38,975. To break that down further, the land itself was valued at $5,000. While improvements to the property were assessed at a total of $33,975. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • 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: 2
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Square Area: 600
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,350
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,720
  • Building Area: 1,720
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,720
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SUMMERFIELD SEC 2 PHASE 2
  • Land Acres: 0.237
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : KING LOGAN BRENT
  • Current Owner 2: KING ASHLEY NICOLE
  • Previous Owner : MASSEY KRISTIE
  • Owner Before Previous Owner: CLARK FAMILY HOLDINGS
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et ux (and wife)

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 10300
  • Block: 53
  • Lot: 103
  • Municipality: MEDINA CITY
  • Latitude: 35.8287
  • Longitude: -88.8032

    Address

  • Full Address: 527 Verano St
  • Address - House Number: 527
  • Address - Street Name: Verano
  • Address - Suffix Type: St
  • State: TN
  • City Name: Medina
  • Carrier Code: R004
  • 4-Digit Zip Code: 6922
  • Zip Code: 38355

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,186
  • Tax Rate Code Area: 27B06

    Appraisal Valuation

  • Standard Deviation: 0.1576
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 68
  • Final Value: 213,917
  • High Value: 247,644
  • Low Value: 180,189

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $166,920
  • First Open Lien Mortgage Lender: BANCORPSOUTH BANK
  • First Open Lien Mortgage Recording Date: Apr 01, 2020
  • First Open Lien Mortgage Loan Amount: $166,920
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2050

    Market Valuation

  • Market Total Value: $155,900
  • Market Land Value: $20,000
  • Market Improvement Value: $135,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $38,975
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $33,975

    Sales

  • Current Sale Contract Date: Mar 20, 2020
  • Current Sale Recording Date: Apr 01, 2020
  • Current Sale Transaction ID: 11762339344
  • Current Sale Price: $170,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 194281
  • Previous Sale Recording Date: Jul 03, 2008
  • Previous Sale Amount: $136,850
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANCORPSOUTH BANK
  • First Mortgage Transaction Date: Apr 01, 2020
  • First Mortgage Loan Amount: $166,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: REGIONS BANK
  • Previous Mortgage Transaction Date: Jul 11, 2008
  • Previous Mortgage Loan Amount: $139,642
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jul 03, 2038

About Medina



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Frequently Asked Questions

What neighborhood is 527 Verano Street located in?
The 527 Verano Street is a located in the neighborhood of Gibson in Medina, Medina.
What is the average sales price for listings in 527 Verano Street?
The average sales price for units in 527 Verano Street is $0 currently.

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