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551 Kearney Road

551 Kearney Road, New Market, TN 37820
House in Jefferson
Sold Jun 02, 2022
$42,000
$378,000 by Interlinc Mortgage Services Ll
Mortgage Due Jun 01, 2052
Sold Apr 01, 2020
$284,900
$256,410 by Fountain City Funding Inc
Mortgage Due Apr 01, 2050
Local assessors in New Market, TN have categorized 551 Kearney Road as a residential type of property. The home was built in 2019 and is 5 years old. The property's lot size has been calculated to be 43,124 square feet. The linear feet between the front and back of the lot was measured at 4,030 ft and the front of the lot was measured at 1,070 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. As for the restroom situation, there are 3 full bathrooms. There are also 3 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 551 Kearney Road has a total of 2,960 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 1,480 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 400 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 both a unknown and a unknown so you'll have great options in both the front and back 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 unknown 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 forced air unit 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, 551 Kearney Road sold most recently in May 31, 2022 for a total of $42,000. If you work out the math, that's approximately a cost of $12.50 per sqft. Before that, the property was also sold for $284,900 in Mar 27, 2020. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,352 in taxes each year. 551 Kearney Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $61,725. If we break it down further, the land itself was valued at $4,000. Improvements to the property, however, were assessed at a total of $57,725. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

Building Features

Condition

New Construction

Exterior

Block Exterior
Vinyl Siding

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • 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: 1
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 1,480
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 43,124
  • Lot Size Depth Feet: 4,030
  • Lot Size Frontage Feet: 1,070
  • Total Building Area: 3,360
  • Gross Building Area: 3,360
  • Building Area: 2,960
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,960
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SAM MCGHEE EST RESUB
  • Land Acres: 0.99
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SAM MCGHEE EST RESUB PB: M PG: 1267 LOT: 3R1 107 X 403.34

Ownership

  • Current Owner : BEARD TANNER ANDREW
  • Current Owner 2: BEARD CAYLA ERIN
  • Previous Owner : SALLEY JONATHAN M
  • Owner Before Previous Owner: COOPER DAVID ALAN
  • Owner Before Previous Owner 2: COOPER LONA MICHELLE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 070400

Geography

  • Assessors Map Reference: 044
  • District: 07
  • Parcel: 033-139.06
  • Lot: 3R1
  • Municipality: JEFFERSON CNTY-UNINCORPORATED
  • Latitude: 36.0815
  • Longitude: -83.5408

    Address

  • Full Address: 551 Kearney Rd
  • Address - House Number: 551
  • Address - Street Name: Kearney
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: New Market
  • Carrier Code: R005
  • 4-Digit Zip Code: 4647
  • Zip Code: 37820

Valuation

    Tax

  • Total Area: 1,480
  • Tax Year: 2022
  • Tax Amount: $1,352
  • Tax Rate Code Area: 45A00

    Appraisal Valuation

  • Standard Deviation: 0.3483
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 30
  • Final Value: 374,401
  • High Value: 504,816
  • Low Value: 243,985

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $393,000
  • First Open Lien Mortgage Lender: INTERLINC MORTGAGE SERVICES LL
  • First Open Lien Mortgage Recording Date: Jun 02, 2022
  • First Open Lien Mortgage Loan Amount: $378,000
  • 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: Jun 01, 2052
  • Second Open Lien Mortgage Lender: FIRST BANK
  • Second Open Lien Mortgage Recording Date: Jan 09, 2024
  • Second Open Lien Mortgage Loan Amount: $15,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Dec 28, 2033

    Market Valuation

  • Market Total Value: $246,900
  • Market Land Value: $16,000
  • Market Improvement Value: $230,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $61,725
  • Assessed Land Value: $4,000
  • Assessed Improvements Value: $57,725

    Sales

  • Current Sale Contract Date: May 31, 2022
  • Current Sale Recording Date: Jun 02, 2022
  • Current Sale Transaction ID: 11889453166
  • Current Sale Price: $42,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5082
  • Previous Sale Recording Date: Apr 01, 2020
  • Previous Sale Contract Date: Mar 27, 2020
  • Previous Sale Amount: $284,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: INTERLINC MORTGAGE SERVICES LL
  • First Mortgage Transaction Date: Jun 02, 2022
  • First Mortgage Loan Amount: $378,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FOUNTAIN CITY FUNDING INC
  • Previous Mortgage Transaction Date: Apr 01, 2020
  • Previous Mortgage Loan Amount: $256,410
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2050

About Jefferson



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Frequently Asked Questions

What neighborhood is 551 Kearney Road located in?
The 551 Kearney Road is a house located in the neighborhood of Jefferson in Jefferson, New Market.
What is the average sales price for listings in 551 Kearney Road?
The average sales price for units in 551 Kearney Road is $0 currently.

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