Check Availability

559 Rae Drive East

559 Rae Drive East, Munford, TN 38058
Sold Nov 26, 2019
$180,000
$176,739 by Pinnacle Bank
Mortgage Due Jan 01, 2049
Sold Mar 11, 2002
$115,900
559 Rae Drive East in Munford, TN was first built in 2002 and is 22 years old. Although, the building on the property was most recently renovated and altered in 2008. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 559 Rae Drive East has 1,448 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. 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 open porch. 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 garage. The garage is 420 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 brick. 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 heating system. 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, 559 Rae Drive East sold most recently in Nov 22, 2019 for a total of $180,000. If you work out the math, that's approximately a cost of $124.31 per sqft. Before that, the property was also sold for $115,900 in Jan 1, 1970. 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 $818 in taxes each year. 559 Rae Drive East was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $57,175. If we break it down further, the land itself was valued at $8,475. Improvements to the property, however, were assessed at a total of $48,700. 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: 2002
  • Effective Year Built: 2008
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • 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: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,448
  • Building Area: 1,448
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,448
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: COUNTRYHAVEN SEC A
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 06, COUNTY AREA: S53

Ownership

  • Current Owner : KENT NATLIE
  • Current Owner 2: DEVAUGHN MICHAEL
  • Previous Owner : TAM MICHAEL R
  • Owner Before Previous Owner: TRAVIS BERFORD
  • Owner Before Previous Owner 2: TRAVIS DORIS
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Tipton County School District
  • Census Tract: 040303

Geography

  • Assessors Map Reference: 113M
  • District: 06
  • Parcel: 084113M B 00800
  • Lot: 8
  • Latitude: 35.434
  • Longitude: -89.8621

    Address

  • Full Address: 559 Rae Dr
  • Address - House Number: 559
  • Address - Street Name: Rae
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Munford
  • Carrier Code: R004
  • 4-Digit Zip Code: 1627
  • Zip Code: 38058

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $818
  • Tax Rate Code Area: 84A00

    Appraisal Valuation

  • Standard Deviation: 0.2711
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 61
  • Final Value: 260,473
  • High Value: 331,109
  • Low Value: 189,838

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $176,739
  • First Open Lien Mortgage Lender: PINNACLE BANK
  • First Open Lien Mortgage Recording Date: Nov 26, 2019
  • First Open Lien Mortgage Loan Amount: $176,739
  • First Open Lien Mortgage Term: 349
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2049

    Market Valuation

  • Market Total Value: $228,700
  • Market Land Value: $33,900
  • Market Improvement Value: $194,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $57,175
  • Assessed Land Value: $8,475
  • Assessed Improvements Value: $48,700

    Sales

  • Current Sale Contract Date: Nov 22, 2019
  • Current Sale Recording Date: Nov 26, 2019
  • Current Sale Transaction ID: 11707400112
  • Current Sale Price: $180,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 228567
  • Previous Sale Recording Date: Mar 11, 2002
  • Previous Sale Amount: $115,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PINNACLE BANK
  • First Mortgage Transaction Date: Nov 26, 2019
  • First Mortgage Loan Amount: $176,739
  • First Mortgage Terms: 349
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2049

About Countryhaven



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 559 Rae Drive East located in?
The 559 Rae Drive East is a house located in the neighborhood of Countryhaven in Countryhaven, Munford.
What is the average sales price for listings in 559 Rae Drive East?
The average sales price for units in 559 Rae Drive East is $0 currently.

Quantcast