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541 Katelyn Drive

541 Katelyn Drive, Spring Hill, TN 37174
Property in Maury
Sold May 19, 2021
$530,000
Sold Aug 02, 2013
$260,000
$255,290 by Farmers Bank & Trust
Mortgage Due Aug 01, 2043
541 Katelyn Drive in Spring Hill, TN was first built in 2010 and is 14 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown. It is a single story home. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 541 Katelyn Drive has 3,348 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 basement is 1,674 sqft and has been categorized as a full basement. In total, the area measurement of the land is 56,192 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 water system. The property is connected to a sewer system. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. 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 a packaged air conditioning unit. As for heating, the home is utilizing a 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, 541 Katelyn Drive sold most recently in May 17, 2021 for a total of $530,000. If you work out the math, that's approximately a cost of $158.30 per sqft. Before that, the property was also sold for $260,000 in Jul 30, 2013. 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 $2,059 in taxes each year. 541 Katelyn Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $107,800. If we break it down further, the land itself was valued at $20,000. Improvements to the property, however, were assessed at a total of $87,800. 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: 2010
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 1,674
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 56,192
  • Total Building Area: 3,348
  • Gross Building Area: 3,348
  • Building Area: 3,348
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 3,348
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: OAK LAKE ESTATES SEC 10
  • Land Acres: 1.29
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OAK LAKE ESTATES SEC 10 PB 18 PG 157 LOT 381

Ownership

  • Current Owner : MCKAY KATHERINE Y
  • Current Owner 2: MCKAY ROBIN T
  • Previous Owner : JOHNSON NIKKOLE
  • Previous Owner 2: JOHNSON WESLEY
  • Owner Before Previous Owner: MORRIS DANIEL L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Maury County School District
  • Census Tract: 010301

Geography

  • Assessors Map Reference: 068
  • Parcel: 068-166.00
  • Lot: 381
  • Municipality: MAURY COUNTY
  • Latitude: 35.6773
  • Longitude: -86.9243

    Address

  • Full Address: 541 Katelyn Dr S
  • Address - House Number: 541
  • Street Segment Direction: S
  • Address - Street Name: Katelyn
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Spring Hill
  • Carrier Code: R034
  • 4-Digit Zip Code: 7586
  • Zip Code: 37174

Valuation

    Tax

  • Total Area: 1,674
  • Tax Year: 2023
  • Tax Amount: $2,059
  • Tax Rate Code Area: 60A00

    Appraisal Valuation

  • Standard Deviation: 0.198
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 73
  • Final Value: 657,400
  • High Value: 787,572
  • Low Value: 527,229

    Market Valuation

  • Market Total Value: $431,200
  • Market Land Value: $80,000
  • Market Improvement Value: $351,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $107,800
  • Assessed Land Value: $20,000
  • Assessed Improvements Value: $87,800

    Sales

  • Current Sale Contract Date: May 17, 2021
  • Current Sale Recording Date: May 19, 2021
  • Current Sale Transaction ID: 11835959525
  • Current Sale Price: $530,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21010859
  • Previous Sale Recording Date: Aug 02, 2013
  • Previous Sale Contract Date: Jul 30, 2013
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS LLC
  • First Mortgage Transaction Date: May 19, 2021
  • First Mortgage Loan Amount: $150,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: FARMERS BANK & TRUST
  • Previous Mortgage Transaction Date: Aug 02, 2013
  • Previous Mortgage Loan Amount: $255,290
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2043

About Maury



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Frequently Asked Questions

What neighborhood is 541 Katelyn Drive located in?
The 541 Katelyn Drive is a located in the neighborhood of Maury in Maury, Spring Hill.
What is the average sales price for listings in 541 Katelyn Drive?
The average sales price for units in 541 Katelyn Drive is $0 currently.

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