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56 Chestnut Drive

56 Chestnut Drive, Clarksville, TN 37042
House in Park Lane
Sold Aug 11, 2022
$175,000
$140,000 by Guaranteed Rate Inc
Mortgage Due Aug 01, 2037
Sold Jan 13, 2021
$65,000
$58,500 by Firstbank
Mortgage Due Jan 05, 2022
56 Chestnut Drive has been categorized by the local assessors in Clarksville, TN as a residential type of property. The building on the property was first built in 1950 and is 74 years old. However, we must point out that the home was most recently renovated and altered in 1960. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 56 Chestnut Drive has 750 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 750 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 1,500 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 9,148 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as fair. 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 alum/vinyl siding. 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. In terms of heating, it is utilizing a radiant 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. 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, 56 Chestnut Drive sold most recently in Jul 29, 2022 for a total of $175,000. If you work out the math, that's approximately a cost of $233.33 per sqft. Before that, the property was also sold for $65,000 in Dec 18, 2020. 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 $1,265 in taxes each year. 56 Chestnut Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $29,975. 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. 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. 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

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1960
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Fair
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • 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: Finished improved basement
  • Basement Area: 750
  • Parking Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 600
  • Total Building Area: 750
  • Gross Building Area: 3,039
  • Building Area: 750
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Radiant
  • Heated Square Feet: 750
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ROLLING ACRES
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBDIVISION: ROLLING ACRES LOT: 51 185-158 HOUSED BURNED; REBUILT; SWD V990-220; QC V1180-1113; COVERTD BACK TO SINGLE FAMILT

Ownership

  • Current Owner : FRITH JAMES L
  • Current Owner 2: SABIN SABRINA M
  • Previous Owner : ROYAL CASH OFFER LLC
  • Owner Before Previous Owner: JONES JONATHAN CALEB
  • Owner Before Previous Owner 2: CHITTENDEN WYATT
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Clarksville-Montgomery County School System
  • Census Tract: 101001

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: MB 3; PP 47
  • District: 135
  • Parcel: 054D C 02900 000
  • Lot: 51
  • Municipality: CLARKSVILLE
  • Latitude: 36.5582
  • Longitude: -87.3914

    Address

  • Full Address: 56 Chestnut Dr
  • Address - House Number: 56
  • Address - Street Name: Chestnut
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Clarksville
  • Carrier Code: C049
  • 4-Digit Zip Code: 6469
  • Zip Code: 37042

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,265

    Appraisal Valuation

  • Standard Deviation: 0.1412
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 83
  • Final Value: 214,617
  • High Value: 244,929
  • Low Value: 184,304

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $140,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Aug 11, 2022
  • First Open Lien Mortgage Loan Amount: $140,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2037

    Market Valuation

  • Market Total Value: $119,900
  • Market Land Value: $12,600
  • Market Improvement Value: $107,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,975

    Sales

  • Current Sale Contract Date: Jul 29, 2022
  • Current Sale Recording Date: Aug 11, 2022
  • Current Sale Transaction ID: 11894412040
  • Current Sale Price: $175,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1392958
  • Previous Sale Recording Date: Jan 13, 2021
  • Previous Sale Contract Date: Dec 18, 2020
  • Previous Sale Amount: $65,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Aug 11, 2022
  • First Mortgage Loan Amount: $140,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2037

    Previous Mortgages

  • Previous Mortgage Lender: FIRSTBANK
  • Previous Mortgage Transaction Date: Jan 13, 2021
  • Previous Mortgage Loan Amount: $58,500
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jan 05, 2022

About Park Lane



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Frequently Asked Questions

What neighborhood is 56 Chestnut Drive located in?
The 56 Chestnut Drive is a house located in the neighborhood of Park Lane in Park Lane, Clarksville.
What is the average sales price for listings in 56 Chestnut Drive?
The average sales price for units in 56 Chestnut Drive is $0 currently.

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