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56 South Lowry Street

56 South Lowry Street, Smyrna, TN 37167
Commercial in Rutherford
Local assessors in Smyrna, TN have categorized 56 South Lowry Street as a commercial type of property. The home was built in 1980 and is 44 years old. It was most recently renovated and altered in 2007. The property's lot size has been calculated to be 10,629 square feet. The linear feet between the front and back of the lot was measured at 520 ft and the front of the lot was measured at 2,000 ft. 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 56 South Lowry Street has a total of 5,280 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. 56 South Lowry Street is a 4 code building. This code stands for "buildings that have wood or wood and steel frames.". The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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 steel frame or truss style roof that was made of steel. Lots of masonry 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 a packaged air conditioning unit for their cooling system. The home's a hot water heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 56 South Lowry Street was last sold in Jun 19, 2018 for $950,000. According to our calculations, that's $179.92 per sqft. Current property owners are expected to pay $7,874 in taxes per year. The property on 56 South Lowry Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $327,840. To break that down further, the land itself was valued at $54,000. While improvements to the property were assessed at a total of $273,840. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210625
06/25/2021
Loft
-
5280 ft²
$7,500
bedrooms
Loft
bathrooms
-
square feet
5280 ft²
-
-
-
Amir Roshan
Covenant Real Estate Services

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 2007
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: Good
  • Building Quality: C+
  • Construction Type: Frame
  • Exterior Walls Type: Masonry
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Steel frame or truss
  • Roof Cover Type: Steel
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Ceramic
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,629
  • Lot Size Depth Feet: 520
  • Lot Size Frontage Feet: 2,000
  • Total Building Area: 5,280
  • Gross Building Area: 5,280
  • Building Area: 5,280
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Hot water
  • Heated Square Feet: 5,280
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Commercial
  • Subdivision: BLM MINI WAREHOUSES
  • Land Acres: 0.244
  • Standard Land Use Code: Vehicle rentals, vehicle sales
  • County Land Use Code: Commercial (general)
  • Legal Description 1: 200 X 52

Ownership

  • Current Owner : PNE INVESTMENT LLC
  • Previous Owner : KMJ LLC
  • Owner Before Previous Owner: JANBAKHSH HOSEIN
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Rutherford County School District
  • Census Tract: 042200

Geography

  • Account Number: R0013575
  • District: 674
  • Parcel: 027I-E-002.00-000
  • Municipality: SMYRNA
  • Latitude: 35.981
  • Longitude: -86.518

    Address

  • Full Address: 56 S Lowry St
  • Address - House Number: 56
  • Street Direction: S
  • Address - Street Name: Lowry
  • Address - Suffix Type: St
  • State: TN
  • City Name: Smyrna
  • Carrier Code: C007
  • 4-Digit Zip Code: 2538
  • Zip Code: 37167

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,874

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $650,000
  • First Open Lien Mortgage Lender: COGENT BANK
  • First Open Lien Mortgage Recording Date: Jan 09, 2019
  • First Open Lien Mortgage Loan Amount: $650,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jan 09, 2049

    Market Valuation

  • Market Total Value: $819,600
  • Market Land Value: $135,000
  • Market Improvement Value: $684,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $327,840
  • Assessed Land Value: $54,000
  • Assessed Improvements Value: $273,840

    Sales

  • Current Sale Contract Date: Jun 19, 2018
  • Current Sale Recording Date: Jun 20, 2018
  • Current Sale Transaction ID: 11479996618
  • Current Sale Price: $950,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2152190
  • Previous Sale Recording Date: Feb 19, 2009
  • Previous Sale Document Type: Deed

About Smyrna




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Frequently Asked Questions

What neighborhood is 56 South Lowry Street located in?
The 56 South Lowry Street is a commercial located in the neighborhood of Rutherford in Smyrna, Smyrna.
What is the average sales price for listings in 56 South Lowry Street?
The average sales price for units in 56 South Lowry Street is $0 currently.

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