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573 Clax Branch Road

573 Clax Branch Road, Loretto, TN 38469
Property in Lawrence
Sold Nov 21, 2017
$106,480
Sold Jul 06, 2016
$95,000
Buyer
Seller
$77,550 by Bank Of Waynesboro
Mortgage
573 Clax Branch Road has been categorized by the local assessors in Loretto, TN as a residential type of property. The building on the property was first built in 1910 and is 114 years old. However, we must point out that the home was most recently renovated and altered in 1978. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 573 Clax Branch Road has 1,810 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 281,833 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 detached garage for those who require parking. The garage measured 378 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a open porch. 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 paneling. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 573 Clax Branch Road was last sold in Nov 17, 2017 for $106,480. According to our calculations, that's $58.83 per sqft. Prior to that sales transaction, the property was sold for $95,000 in Jul 6, 2016. Current property owners are expected to pay $813 in taxes per year. The property on 573 Clax Branch Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $34,725. To break that down further, the land itself was valued at $8,125. While improvements to the property were assessed at a total of $26,600. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1978
  • 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: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 378
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 281,833
  • Total Building Area: 1,810
  • Building Area: 1,810
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,810
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 6.47
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 2

Ownership

  • Current Owner : PUSSER VIC
  • Current Owner 2: PUSSER CHUCK
  • Previous Owner : BEARD JERRY
  • Owner Before Previous Owner: BEARD TINA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lawrence County School District
  • School Tax School District: 50431
  • Census Tract: 960700

Geography

  • Assessors Map Reference: 152
  • District: 02
  • Parcel: 050152 01400
  • Municipality: LORETTO
  • Latitude: 35.0829
  • Longitude: -87.4587

    Address

  • Full Address: 573 Clax Branch Rd
  • Address - House Number: 573
  • Address - Street Name: Clax Branch
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Loretto
  • Carrier Code: R001
  • 4-Digit Zip Code: 3050
  • Zip Code: 38469

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $813
  • Tax Rate Code Area: 50A04

    Appraisal Valuation

  • Standard Deviation: 0.4382
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 12
  • Final Value: 209,794
  • High Value: 301,739
  • Low Value: 117,848

    Market Valuation

  • Market Total Value: $138,900
  • Market Land Value: $32,500
  • Market Improvement Value: $106,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,725
  • Assessed Land Value: $8,125
  • Assessed Improvements Value: $26,600

    Sales

  • Current Sale Contract Date: Nov 17, 2017
  • Current Sale Recording Date: Nov 21, 2017
  • Current Sale Transaction ID: 11314876023
  • Current Sale Price: $106,480
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 17005877
  • Previous Sale Recording Date: Jul 06, 2016
  • Previous Sale Contract Date: Jul 06, 2016
  • Previous Sale Amount: $95,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF WAYNESBORO
  • Previous Mortgage Transaction Date: Jul 06, 2016
  • Previous Mortgage Loan Amount: $77,550
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Loretto



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Frequently Asked Questions

What neighborhood is 573 Clax Branch Road located in?
The 573 Clax Branch Road is a located in the neighborhood of Lawrence in Loretto, Loretto.
What is the average sales price for listings in 573 Clax Branch Road?
The average sales price for units in 573 Clax Branch Road is $0 currently.

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