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569 Monroe Street

569 Monroe Street, Madisonville, TN 37354
House in Monroe
Sold Apr 28, 2021
$125,000
$122,735 by Quicken Loans Llc
Mortgage Due May 01, 2051
Sold Aug 16, 2017
$89,900
$34,000 by United Community Mortgage Serv
Mortgage Due Sep 01, 2032
Local assessors in Madisonville, TN have categorized 569 Monroe Street as a residential type of property. The home was built in 1940 and is 84 years old. It was most recently renovated and altered in 2006. The property's lot size has been calculated to be 6,098 square feet. The linear feet between the front and back of the lot was measured at 930 ft and the front of the lot was measured at 660 ft. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. 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 569 Monroe Street has a total of 944 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. 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. Additional features on the property are as follows. There is a mixed used garage for those who need a place to park their vehicle. The garage on the property is 360 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 a open porch so you'll have a great option in the front 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 metal. 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 paneling. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 569 Monroe Street sold most recently in Apr 26, 2021 for a total of $125,000. If you work out the math, that's approximately a cost of $132.42 per sqft. Before that, the property was also sold for $89,900 in Aug 11, 2017. 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 $699 in taxes each year. 569 Monroe Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $22,625. If we break it down further, the land itself was valued at $3,150. Improvements to the property, however, were assessed at a total of $19,475. 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

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 2006
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • Interior Walls Type: Paneling
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 360
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 930
  • Lot Size Frontage Feet: 660
  • Total Building Area: 944
  • Building Area: 944
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 944
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 03, COUNTY AREA: C01

Ownership

  • Current Owner : JAKUBOWSKI SARA
  • Current Owner 2: MINCY WILLIAM
  • Previous Owner : WENGERT DONNA A
  • Owner Before Previous Owner: SLOAN KRYSTEL LYNNE
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Monroe County School District
  • School Tax School District: 62455
  • Census Tract: 925301

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 067E
  • District: 03
  • Parcel: 062067E A 00102
  • Municipality: MADISONVILLE
  • Latitude: 35.5179
  • Longitude: -84.3646

    Address

  • Full Address: 569 Monroe St
  • Address - House Number: 569
  • Address - Street Name: Monroe
  • Address - Suffix Type: St
  • State: TN
  • City Name: Madisonville
  • Carrier Code: C001
  • 4-Digit Zip Code: 1160
  • Zip Code: 37354

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $699
  • Tax Rate Code Area: 62B01

    Appraisal Valuation

  • Standard Deviation: 0.1425
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 71
  • Final Value: 98,030
  • High Value: 112,003
  • Low Value: 84,056

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $122,735
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Apr 28, 2021
  • First Open Lien Mortgage Loan Amount: $122,735
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $90,500
  • Market Land Value: $12,600
  • Market Improvement Value: $77,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $22,625
  • Assessed Land Value: $3,150
  • Assessed Improvements Value: $19,475

    Sales

  • Current Sale Contract Date: Apr 26, 2021
  • Current Sale Recording Date: Apr 28, 2021
  • Current Sale Transaction ID: 11833937731
  • Current Sale Price: $125,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21003846
  • Previous Sale Recording Date: Aug 16, 2017
  • Previous Sale Contract Date: Aug 11, 2017
  • Previous Sale Amount: $89,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS LLC
  • First Mortgage Transaction Date: Apr 28, 2021
  • First Mortgage Loan Amount: $122,735
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: UNITED COMMUNITY MORTGAGE SERV
  • Previous Mortgage Transaction Date: Aug 16, 2017
  • Previous Mortgage Loan Amount: $34,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2032

About Madisonville



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 569 Monroe Street located in?
The 569 Monroe Street is a house located in the neighborhood of Monroe in Madisonville, Madisonville.
What is the average sales price for listings in 569 Monroe Street?
The average sales price for units in 569 Monroe Street is $125,000 , or $132/sqft. currently.

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