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582 Pearson Drive

582 Pearson Drive, Jackson, TN 38305
Property in Madison
Sold Jun 03, 2022
$95,000
$230,000 by First Commerce Bank
Mortgage Due Jun 22, 2027
Sold Mar 11, 2016
$70,400
$69,124 by First Citizens Bank & Trust Co
Mortgage Due Mar 07, 2046
Local assessors in Jackson, TN have categorized 582 Pearson Drive as a residential type of property. The home was built in 1956 and is 68 years old. It was most recently renovated and altered in 1995. The property's lot size has been calculated to be 43,560 square feet. The linear feet between the front and back of the lot was measured at 1,300 ft and the front of the lot was measured at 1,000 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. 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 582 Pearson Drive has a total of 1,225 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 carport for those who need a place to park their vehicle. The garage on the property is 245 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back 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 composition shingle. Lots of brick 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. The home's a forced air unit is the primary heating source. The property was last sold in May 27, 2022 for $95,000. That's $77.55 per sqft. Prior to that sales transaction, the property was also sold in Mar 7, 2016 for $70,400. 582 Pearson Drive was last assessed in 2024. The total value of the property was assessed at $23,475. Specifically, the land the property is located on was valued at $3,125. While improvements on the property were assessed at a total of $20,350. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $378. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • 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 Type: Carport
  • Garage Square Area: 245
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,225
  • Gross Building Area: 1,225
  • Building Area: 1,225
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,225
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HOLIDAY GARDENS
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HOLIDAY GARDENS PB 0001 PG 0262 LOT 0106 BK 272 PG 396 DT 052677 BK 345 PG 28 100 X 130 COR

Ownership

  • Current Owner : GRASSROOTS RESIDENTIAL LLC
  • Previous Owner : BRAY MARK D
  • Previous Owner 2: BRAY SHARON
  • Owner Before Previous Owner: MERIT MANAGEMENT LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Jackson-Madison County School System
  • School Tax School District: 57359
  • Census Tract: 001604

Geography

  • Assessors Map Reference: 044M
  • District: 03
  • Parcel: 044M-C-002.00
  • Lot: 106
  • Municipality: JACKSON
  • Latitude: 35.679
  • Longitude: -88.836

    Address

  • Full Address: 582 Pearson Dr
  • Address - House Number: 582
  • Address - Street Name: Pearson
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Jackson
  • Carrier Code: C029
  • 4-Digit Zip Code: 3735
  • Zip Code: 38305

Valuation

    Tax

  • Total Area: 1,225
  • Tax Year: 2023
  • Tax Amount: $378
  • Tax Rate Code Area: 57A02

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 409,271
  • High Value: 597,181
  • Low Value: 221,360

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $230,000
  • First Open Lien Mortgage Lender: FIRST COMMERCE BANK
  • First Open Lien Mortgage Recording Date: Jun 24, 2022
  • First Open Lien Mortgage Loan Amount: $230,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 22, 2027

    Market Valuation

  • Market Total Value: $93,900
  • Market Land Value: $12,500
  • Market Improvement Value: $81,400

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $23,475
  • Assessed Land Value: $3,125
  • Assessed Improvements Value: $20,350

    Sales

  • Current Sale Contract Date: May 27, 2022
  • Current Sale Recording Date: Jun 03, 2022
  • Current Sale Transaction ID: 11890910446
  • Current Sale Price: $95,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7451
  • Previous Sale Recording Date: Mar 11, 2016
  • Previous Sale Contract Date: Mar 07, 2016
  • Previous Sale Amount: $70,400
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: KIAVI FUNDING INC
  • First Mortgage Transaction Date: Jun 03, 2022
  • First Mortgage Loan Amount: $93,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: FIRST CITIZENS BANK & TRUST CO
  • Previous Mortgage Transaction Date: Mar 11, 2016
  • Previous Mortgage Loan Amount: $69,124
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 07, 2046

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Frequently Asked Questions

What neighborhood is 582 Pearson Drive located in?
The 582 Pearson Drive is a located in the neighborhood of Madison in Jackson, Jackson.
What is the average sales price for listings in 582 Pearson Drive?
The average sales price for units in 582 Pearson Drive is $0 currently.

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