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557 Michael Drive

557 Michael Drive, Waynesboro, TN 38485
House in Wayne
Sold Oct 05, 2021
$290,000
$255,000 by Renasant Bank
Mortgage Due Oct 01, 2051
Sold Oct 05, 2021
$290,000
$255,000 by Renasant Bank
Mortgage Due Oct 01, 2051
557 Michael Drive has been categorized by the local assessors in Waynesboro, TN as a residential type of property. The building on the property was first built in 2015 and is 9 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 557 Michael Drive has 2,026 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 115,870 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. For the features and amenities located on the property. There is a mixed used garage for those who require parking. The garage measured 1,327 sqft. According to our sources, there are a total of 4 available parking spaces. Residents will have the luxury of enjoying a open porch. Love to swim? You'll be excited to find out that there is a pool on the property. 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 unknown. 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 water system. The building on the property is connected to a sewer system. The property was last sold in Sep 29, 2021 for $290,000. That's $143.14 per sqft. Prior to that sales transaction, the property was also sold in Sep 29, 2021 for $290,000. 557 Michael Drive was last assessed in 2022. The total value of the property was assessed at $72,800. Specifically, the land the property is located on was valued at $8,650. While improvements on the property were assessed at a total of $64,150. 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 $1,396. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 1,327
  • Parking Space Count: 4
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 115,870
  • Total Building Area: 2,026
  • Building Area: 2,026
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 2,026
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 2.66
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 01, COUNTY AREA: V01

Ownership

  • Current Owner : NELSON CHRISTOPHER
  • Current Owner 2: NELSON LEAH CHERIE
  • Previous Owner : KELLY ANDREW J
  • Previous Owner 2: KELLY KELLI ELIZABETH
  • Owner Before Previous Owner: KELLY ANDREW J
  • Owner Before Previous Owner 2: KELLY KELLI ELIZABETH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Wayne County School District
  • Census Tract: 950200

Geography

  • Assessors Map Reference: 066F
  • District: 01
  • Parcel: 091066L B 05100
  • Latitude: 35.337
  • Longitude: -87.7514

    Address

  • Full Address: 557 Michael Dr
  • Address - House Number: 557
  • Address - Street Name: Michael
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Waynesboro
  • Carrier Code: R005
  • 4-Digit Zip Code: 3030
  • Zip Code: 38485

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,396
  • Tax Rate Code Area: 91A00

    Appraisal Valuation

  • Standard Deviation: 0.1445
  • Valuation Date: Feb 01, 2023
  • Confidence Score: 71
  • Final Value: 259,118
  • High Value: 296,570
  • Low Value: 221,665

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $255,000
  • First Open Lien Mortgage Lender: RENASANT BANK
  • First Open Lien Mortgage Recording Date: Oct 05, 2021
  • First Open Lien Mortgage Loan Amount: $255,000
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $291,200
  • Market Land Value: $34,600
  • Market Improvement Value: $256,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $72,800
  • Assessed Land Value: $8,650
  • Assessed Improvements Value: $64,150

    Sales

  • Current Sale Contract Date: Sep 29, 2021
  • Current Sale Recording Date: Oct 05, 2021
  • Current Sale Transaction ID: 11859265584
  • Current Sale Price: $290,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 88329
  • Previous Sale Recording Date: Oct 05, 2021
  • Previous Sale Contract Date: Sep 29, 2021
  • Previous Sale Amount: $290,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RENASANT BANK
  • First Mortgage Transaction Date: Oct 05, 2021
  • First Mortgage Loan Amount: $255,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: RENASANT BANK
  • Previous Mortgage Transaction Date: Oct 05, 2021
  • Previous Mortgage Loan Amount: $255,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2051

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 557 Michael Drive located in?
The 557 Michael Drive is a house located in the neighborhood of Wayne in Wayne, Waynesboro.
What is the average sales price for listings in 557 Michael Drive?
The average sales price for units in 557 Michael Drive is $0 currently.

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