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53 Oakdale Drive

53 Oakdale Drive, Oakfield, TN 38362
House in Madison
Sold Mar 31, 2021
$120,000
$120,000 by Regions Bank
Mortgage Due Apr 01, 2051
Sold Jan 07, 2019
$115,000
$111,550 by Patriot Bank
Mortgage Due Jan 01, 2049
53 Oakdale Drive in Oakfield, TN was first built in 1996 and is 28 years old. Although, the building on the property was most recently renovated and altered in 2011. 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. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 53 Oakdale Drive has 1,648 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 1,000 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 property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 400 sqft. There are a total of 2 available parking spaces. 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 air conditioning. As for heating, the home is utilizing a heat pump. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 53 Oakdale Drive sold most recently in Mar 30, 2021 for a total of $120,000. If you work out the math, that's approximately a cost of $58.59 per sqft. Before that, the property was also sold for $115,000 in Dec 27, 2018. 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 $666 in taxes each year. 53 Oakdale Drive was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $35,550. If we break it down further, the land itself was valued at $3,550. Improvements to the property, however, were assessed at a total of $32,000. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 1996
  • Effective Year Built: 2011
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • 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: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,048
  • Gross Building Area: 2,068
  • Building Area: 1,648
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,648
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: DALE ACRES
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DALE ACRES PB 0006 PG 0278 BLK 0004 LOT 0005 100X200

Ownership

  • Current Owner : PENNINGTON FAITH
  • Previous Owner : PENNINGTON ALEXANDER Q
  • Owner Before Previous Owner: ROSS CHAD H
  • Owner Before Previous Owner 2: ROSS AMANDA S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jackson-Madison County School System
  • Census Tract: 001501

Geography

  • Assessors Map Reference: 035P
  • District: 06
  • Parcel: 035P-D-001.00
  • Block: 4
  • Lot: 5
  • Latitude: 35.7056
  • Longitude: -88.7778

    Address

  • Full Address: 53 Oakdale Dr
  • Address - House Number: 53
  • Address - Street Name: Oakdale
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Oakfield
  • Carrier Code: R001
  • 4-Digit Zip Code: 9765
  • Zip Code: 38362

Valuation

    Tax

  • Total Area: 838
  • Tax Year: 2023
  • Tax Amount: $666
  • Tax Rate Code Area: 57A00

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 428,187
  • High Value: 624,782
  • Low Value: 231,591

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $120,000
  • First Open Lien Mortgage Lender: REGIONS BANK
  • First Open Lien Mortgage Recording Date: Mar 31, 2021
  • First Open Lien Mortgage Loan Amount: $120,000
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $142,200
  • Market Land Value: $14,200
  • Market Improvement Value: $128,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $35,550
  • Assessed Land Value: $3,550
  • Assessed Improvements Value: $32,000

    Sales

  • Current Sale Contract Date: Mar 30, 2021
  • Current Sale Recording Date: Mar 31, 2021
  • Current Sale Transaction ID: 11830857416
  • Current Sale Price: $120,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21004302
  • Previous Sale Recording Date: Jan 07, 2019
  • Previous Sale Contract Date: Dec 27, 2018
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: REGIONS BANK
  • First Mortgage Transaction Date: Mar 31, 2021
  • First Mortgage Loan Amount: $120,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PATRIOT BANK
  • Previous Mortgage Transaction Date: Jan 07, 2019
  • Previous Mortgage Loan Amount: $111,550
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2049

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Frequently Asked Questions

What neighborhood is 53 Oakdale Drive located in?
The 53 Oakdale Drive is a house located in the neighborhood of Madison in Madison, Oakfield.
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