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531 Brewer Street

531 Brewer Street, Athens, TN 37303
Property in McMinn
Sold Aug 31, 2012
$110,000
$112,244 by First Community Mortgage
Mortgage Due Aug 31, 2042
Sold Apr 17, 2012
$104,000
531 Brewer Street has been categorized by the local assessors in Athens, TN as a residential type of property. The building on the property was first built in 1961 and is 63 years old. However, we must point out that the home was most recently renovated and altered in 1995. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 531 Brewer Street has 2,532 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 352 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 2,000 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 18,295 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a open porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of brick. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with a packaged air conditioning unit at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Jul 19, 2012 for $110,000. That's $43.44 per sqft. Prior to that sales transaction, the property was also sold in Apr 9, 2012 for $104,000. 531 Brewer Street was last assessed in 2023. The total value of the property was assessed at $58,950. Specifically, the land the property is located on was valued at $6,475. While improvements on the property were assessed at a total of $52,475. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,232. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1995
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • 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
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 352
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 18,295
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,532
  • Building Area: 2,532
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 2,532
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.42
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 03 03 063G C 063G 01700 000, COUNTY AREA: D01

Ownership

  • Current Owner : STEWART STEPHANIE L
  • Previous Owner : WELLS FARGO BANK NA
  • Owner Before Previous Owner: DAVIS DORETHA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: McMinn County School District in Athens
  • School Tax School District: 54033
  • Census Tract: 970402

Geography

  • Assessors Map Reference: 065E
  • District: 03
  • Parcel: 054065D C 04500
  • Municipality: ATHENS
  • Latitude: 35.4331
  • Longitude: -84.5959

    Address

  • Full Address: 531 Brewer St
  • Address - House Number: 531
  • Address - Street Name: Brewer
  • Address - Suffix Type: St
  • State: TN
  • City Name: Athens
  • Carrier Code: C003
  • 4-Digit Zip Code: 4618
  • Zip Code: 37303

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,232
  • Tax Rate Code Area: 54A01

    Appraisal Valuation

  • Standard Deviation: 0.461
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 52
  • Final Value: 260,189
  • High Value: 345,045
  • Low Value: 175,333

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $112,244
  • First Open Lien Mortgage Lender: FIRST COMMUNITY MORTGAGE
  • First Open Lien Mortgage Recording Date: Aug 31, 2012
  • First Open Lien Mortgage Loan Amount: $112,244
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Aug 31, 2042

    Market Valuation

  • Market Total Value: $235,800
  • Market Land Value: $25,900
  • Market Improvement Value: $209,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $58,950
  • Assessed Land Value: $6,475
  • Assessed Improvements Value: $52,475

    Sales

  • Current Sale Contract Date: Jul 19, 2012
  • Current Sale Recording Date: Aug 31, 2012
  • Current Sale Transaction ID: 1115466755
  • Current Sale Price: $110,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 152641
  • Previous Sale Recording Date: Apr 17, 2012
  • Previous Sale Contract Date: Apr 09, 2012
  • Previous Sale Amount: $104,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST COMMUNITY MORTGAGE
  • First Mortgage Transaction Date: Aug 31, 2012
  • First Mortgage Loan Amount: $112,244
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 531 Brewer Street located in?
The 531 Brewer Street is a located in the neighborhood of McMinn in Athens, Athens.
What is the average sales price for listings in 531 Brewer Street?
The average sales price for units in 531 Brewer Street is $0 currently.

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